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Notes to Accounts of Cistro Telelink Ltd.

Mar 31, 2014

1. CONTINGENT LIABILITIES : There is no any contingent liability.

2. TRADE RECEIVABLE AND PAYABLE :

Balances of trade payable and receivable are subject to confirmation, reconciliation and consequential adjustments, if any.

3. RELATED PARTY TRANSACTIONS :

There were no transaction between related concern/parties.

4. Employees Benefit Expenses

Particulars Current Year Previous Year

Salary Paid 45124 41221

5. Details of Payment to Auditors

Particulars Current Year Previous Year

As Auditor 8000 8000

6. The amount due to Micro & Small Enterprises are based on the information available with the company.

7. Figures of the previous year have been regrouped/re-cast wherever necessary.


Mar 31, 2013

1. The amount due to Micro & Small Enterprises are based on the information available with the company.

2. Figures of the previous year have been regrouped/re-cast wherever necessary.


Mar 31, 2010

1. Balance of sundry debtors, sundry creditors, loans Advances and Bank are subject to confirmation or reconciliation and adjustment, if any, the Management does not expect any material difference affecting the current years financial statement.

2. In the opinion of the Board, the current assets have a value on realization in the ordinary course of business at least equal to the amount at which these are stated above and the provisions for known Liabilities is adequate and not in excess of the amount considered reasonable and necessary.

3. None of the employee is covered under section 217{2A) of the companies Act 1956 read with Companies (particulars of Employees) Rules 1975 and subsequent amendment from time to time.

4. No provision has been made for interest payable/receivable on unsecured loans and security deposit during the year.

5. The Company had surrendered plot of land to MPAKVN. Hence building material of Rs.571301.30 was reported to have been shifted to some other place. Exact quantity and location details etc. were not made available to us.

6. Basic earning per share is computed by dividing the net profit after tax by the weighted average number of equity shares outstanding during the period. Diluted earning per share is computed by dividing the net profit after tax by the weighted average number of equity shares and also weighted average number of equity shares that could have issued upon conversion of all dilutive potential equity share.

7. Related party Disclosure :

There are no transaction with related parties hence Disclosures as required by the Accounting Standard -18 Related Party Disclosures* are NIL.

8. The Company has not accounted for Deferred tax assets in accordance with the accounting standards - 22" accounting for taxes on income" as per prudent practice.

9 Other additional information as required by Para 3, 4 (c) and 4(d) of Part-II of Schedule VI to the Companies Act 1956 are either not applicable or NIL,

10. Previous year figures have been regrouped/ rearranged wherever necessary to make them comparable with current year.

 
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