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Notes to Accounts of Ishwarshakti Holdings & Traders Ltd.

Mar 31, 2014

Terms / Right attached with Equity Shares

The Company has only one class of Equity Shares having a par value Rs. 10/- per share. Each holder of Equity Shares is entitled to one vote per share.

Equity Shares in the Company held by each shareholder holding more than 5% sahres:

B The Company does not owe any sum exceeding Rs. 1,00,000/- to small scale undertaking which is outstanding for more than 30 days.

C The Company has single reportable segment Viz Investment and Financial Activity for the purpose of Accounting Standard 17 on Segment reporting.

D Related Party Disclosures :

i) Enterprises where control exists:

i) SUBSIDIARY COMPANIES NIL

ii) CONTROLLING COMPANIES NIL

ii) Other related parties with whom company had transactions etc.:

i) Associates

Seksaria Industries Pvt. Ltd.

Seksaria Confectionaries Pvt. Ltd.

ii) Key Management Personnel:

Mr. Kailashchandra Kesardeo Seksaria - Director

Mr. Vinay Seksaria - Director

Mr. Vivek Seksaria - Director


Mar 31, 2013

Deferred income tax

Is provided, using the liability method, on all temporary differences at the Balance Sheet date between the tax bases of assets and their carrying amounts liabilities and for financial reporting purpose.

Deferred tax assets are recognised only to the extent that there is a reasonable Certainty that sufficient future taxable profits will be available against which such deferred tax assets can be realised.

Deferred tax assets and liabilities are measured using the tax rates and the law that have been enacted or subsequently enacted at the Balance Sheet date.


Mar 31, 2012

A Taxation:

Provision is made for Income Tax liability estimated to arise on the results for the year at

the current rate of tax in accordance with Income Tax Act, 1961. Deferred income tax is provided, using the liability method, on all temporary differences at the Balance Sheet date between the tax bases of assets and their carrying amounts liabilities and for financial reporting purpose.

Deferred tax assets are recognised only to the extent that there is a reasonable certainty that sufficient future taxable profits will be available against which such deferred tax assets can be realised.

Deferred tax assets and liabilities are measured using the tax rates and the law that have been enacted or subsequently enacted at the Balance Sheet date.

B The Company does not owe any sum exceeding Rs. 1,00,000/- to small scale undertaking which is outstanding for more than 30 days.

C The Company has single reportable segment Viz Investment and Financial Activity for the purpose of Accounting Standard 17 on Segment reporting.

D Related Party Disclosures :

i) Enterprises where control exists:

i) SUBSIDIARY COMPANIES NIL

ii) CONTROLLING COMPANIES NIL

ii) Other related parties with whom company had transactions etc.:

i) Associates

Seksaria Industries Pvt. Ltd.

Seksaria Confectionaries Pvt. Ltd.

ii) Key Management Personnel:

Mr. Kailashchandra Kesardeo - Director

Mr. Vinay Seksaria - Director

Mr. Vivek Seksaria - Director

E The previous year's figures have been regrouped/rearranged, wherever necessary, to make them comparable with current year's figures.

F. Generic Names Of Principal Products/Services Of Company :

Item Code : -

Product Description : Trading in Shares & Securities


Mar 31, 2010

NOt Available

 
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