Home  »  Company  »  Dhenu Buildcon Infra  »  Quotes  »  Accounting Policy
Enter the first few characters of Company and click 'Go'

Accounting Policies of Dhenu Buildcon Infra Ltd. Company

Mar 31, 2015

Not available


Mar 31, 2014

A. The financial statements are prepared on accrual basis of accounting with the generally accepted accounting principles in India, provisions of the Companies Act 1956 (to the extent applicable ) , Companies Act 2013 (to the extent notified and applicable) read with General Circular No. 8/2014 dated April 4, 2014 of the Ministry of Corporate Affairs with respect to Financial Statements and comply in material aspects with the accounting standards notified under Section 211(3C) of the Act, read with Companies (Accounting Standards) Rules, 2006 & General Circular No. 15/2013 dated September 13, 2013 of the Ministry of Corporate Affairs in respect of Section 133 of the Companies Act, 2013. Accounting Policies not referred to otherwise are consistent with Generally Accepted Accounting Principles and are consistent with those used in the previous year.

b. Fixed Assets are stated at cost less depreciation. The Company capitalises all cost relating to acquisition and installation of Fixed Assets.

c. Depreciation has been provided on the written down value method at the rates & on the basis specified in Schedule XIV to the Companies Act,1956.

d. Long-term investments are stated at cost after deducting provision made for permanent diminution in the value, if any. Current investment are stated at lower of cost & fair market value.

e. Loans & Advances are stated after making adequate provision for doubtful advances.

f. Income-tax expense comprises current tax and deferred tax charge or credit. The deferred tax asset and deferred tax liability is calculated by applying tax rate and tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred tax asset arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws, are recognised, only if there is a virtual certainty of its realisation, supported by convincing evidence. Deferred tax asset on account of other timing differences are recognised only to the extent there is a reasonable certainty of its realisation. At each Balance Sheet date, the carrying amount of deferred tax asset is reviewed to reassure realisation.

g. Dividend are recorded when the right to receive payment is established.

h. Inventories are valued at lower of cost & net realisable value.

i. Sales are recognized when all significant risks and reward of ownership of the goods are passed on to the buyer.


Mar 31, 2013

A. The financial statements are prepared on accrual basis of accounting with the generally accepted accounting principles in India., provisions of the Companies Act, 1956 (the Act) and comply in material aspects with the accounting standards notified under Section 211(3C) of the Act, read with Companies (Accounting Standards) Rules, 2006.Accounting Policies not referred to otherwise are consistent with Generally Accepted Accounting Principles and are consistent with those used in the previous year.

b. Fixed Assets are stated at cost less depreciation. The Company capitalises all cost relating to acquisition and installation of Fixed Assets.

c. Depreciation has been provided on pro-rata basis on straight-line method at the rates & on the basis specified in Schedule XIV to the Companies Act,1956.

d. Long term investments are stated at cost after deducting provision made for permanent diminution in the value, if any. Current investment are stated at lower of cost & fair market value.

e. Loans & Advances are stated after making adequa te prov ision for doubtful advance s.

f. Income-tax expense comprises current tax and deferred tax charge or credit. The deferred tax asset and deferred tax liability is calculated by applying tax rate and tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred tax asset arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws, are recognised, only if there is a virtual certainty of its realisation, supported by convincing evidence. Deferred tax asset on account of other timing differences are recognised only to the extent there is a reasonable certainty of its realisation.At each Balance Sheet date, the carrying amount of deferred tax asset is reviewed to reassure realisation.


Mar 31, 2012

A. The accounts of the Company have been prepared under the historical cost convention following accrual basis of accounting.

b. Fixed Assets are stated at the cost of acquisition including incidental charges thereon less depreciation.

c. Accounting for taxes on Income :

Provision for current tax (if any) is made, based on the tax payable under the Income Tax Act, 1961. Deferred tax on timing differences between taxable income and accounting income is accounted for, using the tax rates and the tax laws enacted or substantially enacted as on the balance sheet date. Deferred tax assets are recognized only to the extent that there is a reasonable certainty of realization.


Mar 31, 2010

A. The accounts of the Company have been prepared under the historical cos convention following accrual basis of accounting.

b. Fixed Assets are stated at the cost of acquisition including incidental chart thereon less depreciation.

c. Accounting for taxes on Income :

Provision for current tax (if any) is made, based on the tax payable undere Income Tax Act, 1961. Deferred tax on timing differences between taxable income and accounting income is accounted for, using the tax rates and ,the tax laws enacted or substantially enacted as on the balance sheet date. Deferred tax assets are recognized only to the extent that there a reasonable certainty of realization.


Mar 31, 2009

A. The accounts of the Company have been prepared under the historical cost convention following accrual basis of accounting.

b. Fixed Assets are stated at the cost of acquisition including incidental charges thereon less depreciation.

c. Accounting for taxes on Income :

Provision for current tax (if any) is made, based on the tax payable under the Income Tax Act, 1961. Deferred tax on timing differences between taxable income and accounting income is accounted for, using the tax rates and the tax laws enacted or substantially enacted as on the balance sheet date. Deferred tax assets are recognized only to the extent that there is a reasonable certainty of realization.

 
Subscribe now to get personal finance updates in your inbox!