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Notes to Accounts of Triliance Polymers Ltd.
Mar 31, 2010
1. RELATED PARTY DISCLOSURES
Names of related parties :
Enterprises and persons
having a direct or 1. Manali Investment &
Finance Pvt Ltd.
indirect significant
influence over the 2. Shiraz Realtors Pvt Ltd
Company 3. Gstaad Trading Co. Pvt Ltd.
4. Lavina Contractors &
Developers Pvt Ltd.
5. Bloomingdale Trading Co. Pvt Ltd.
6. Villa-Capri Developers Pvt Ltd.
2. The nature of activities of the Company is such that there are
neither reportable nor geographical segment in terms of Accounting
Standard 17 on "Segment Reporting" issued by the Institute of
Chartered Accountants of India.
3. Since there are no material adjustments between both book profit
and income tax profit, the Deferred Tax assets or Liabilities is Nil in
accordance with Accounting Standard 22 on "Accounting for Taxes on
Income" issued by the Institute of Chartered Accountants of India.
4. Previous years figures have been regrouped, reclassified and
recast wherever necessary to confirm with those of the current year.