Mar 31, 2012
Basis of Preparation
The financial statements of the company have been prepared in
accordance with generally accepted accounting principles in India
(Indian GAAP). The company has prepared these financial statements to
comply in all material respects with the accounting standards notified
under the Companies (Accounting Standards) Rules, 2006 (as amended) and
the relevant provisions of the companies Act 1956. The Financial
statements have been prepared on an accrual basis. The accounting
policies adopted in the preparation of financial statements are
considered with those of previous year, except for the change in
accounting policy explained below.
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