Notes to Accounts of Linkhouse Industries Ltd.

Mar 31, 2014

1. As per the information and explanation provided by the management, the Company has no contingent liability.

2. Estimated amount of contracts remaining to be executed on capital accounts not provided for - NIL (P.Y. - NIL)

3. In the opinion of the Board current assets, loans and advances are approximately of the value stated, if realized in the ordinary course of business. Confirmation of Balances in respect of the Deposits and Advances, Sundry Creditors, Sundry Debtors and other payables etc were not available for verification at the time of audit.

4. REMUNERATION TO STATUTORY AUDITOR

Audit Fees: Rs.15000 /- (PY Rs. 15000) per annum.

5. MANAGERIAL REMUNERATION:

1. Mr. Nandkumar Harchandani NIL

2. Ms. Archana D. Wani NIL

6. SEGMENT REPORTING:-

The Company serves to only one segment i.e. Development & Construction of Various Structures, which is governed by the same set of risk and returns.

7. RELATED PARTY DISCLOSURE:-

Related party Disclosures have been made as applicable in the Tax Audit Report & the Annexure thereto.

8. In accordance with the provision of AS-22 the deferred tax liability for the year under audit has been made as per the provisions of AS-22 by ICAI.

9. Information required under Schedule VI to the Companies Act, 1956 has been given only to the extent applicable

10. Previous year''s figures are regrouped, reclassified and rearranged wherever required.

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Mar 31, 2013

1. As per the information and explanation provided by the management, the Company has no contingent liability.

2. Estimated amount of contracts remaining to be executed on capital accounts not provided for – NIL (P.Y. – NIL)

3. In the opinion of the Board current assets, loans and advances are approximately of the value stated, if realized in the ordinary course of business. Confirmation of Balances in respect of the Deposits and Advances, Sundry Creditors, Sundry Debtors and other payables etc. were not available for verification at the time of audit.

4. REMUNERATION TO STATUTORY AUDITOR

Audit Fees: Rs.25000 /? (PY Rs. 10000) per annum.

5. SEGMENT REPORTING :?

The Company serves to only one segment i.e. Development & Construction of Various Structures, which is governed by the same set of risk and returns.

6. RELATED PARTY DISCLOSURE :?

Related party Disclosures have been made as applicable in the Tax Audit Report & the Annexure thereto.

7. In accordance with the provision of AS?22 the deferred tax liability for the year under audit has been made as per the provisions of AS?22 by ICAI.

8 Information required under Schedule VI to the Companies Act, 1956 has been given only to the extent applicable

9. Previous years figures are regrouped, reclassified and rearranged wherever required.

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Mar 31, 2012

1. As per the information and explanation provided by the management, the Company has no contingent liability.

2. Estimated amount of contracts remaining to be executed on capital accounts not provided for - NIL (P.Y. - NIL)

3. In the opinion of the Board current assets, loans and advances are approximately of the value stated, if realized in the ordinary course of business. Confirmation of Balances in respect of the Deposits and Advances, Sundry Creditors, Sundry Debtors and other payables etc. were not available for verification at the time of audit.

4. MANAGERIAL REMUNERATION :

1. Mr. Nandkumar Harchandani Rs. 10,00,000/-

2. Ms. Archana D. Wani Rs. 5,00,000/-

5. SEGMENT REPORTING :-

The Company serves to only one segment i.e. Development & Construction of Various Structures, which is governed by the same set of risk and returns.

6. RELATED PARTY DISCLOSURE :-

Related party Disclosures have been made as applicable in the Tax Audit Report & the Annexure thereto.

7. EARNING PER SHARE (EPS)

Divisible Profit for the year 2011-2012 Rs. 73,21822/-

No. of Equity Shares 10, 19,90,000

Earning Per Shares Rs.3.68

8. In accordance with the provision of AS-22 the deferred tax liability for the year under audit has been made as per the provisions of AS-22 by ICAI.

9 Information required under Schedule VI to the Companies Act, 1956 has been given only to the extent applicable

10. Previous years figures are regrouped, reclassified and rearranged wherever required.

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Mar 31, 2010

1. As per the information and explanation provided by the management, the Company has no contingent liability.

2. Estimated amount of contracts remaining to be executed on capital accounts not provided for - NIL (P.Y. - NIL)

3. In the opinion of the Board current assets, loans & advances are approximately of the value stated, if realized in the ordinary course of business. Confirmation of balances in respects of the deposits and advances, sundry creditors, sundry debtors and other payables etc. were not available for verification at time of audit.

4. MANAGERIAL REMUNERATION:

1. Mr. Nandkumar N. Harchandani Rs.5,00,000/- p.a.

2. Ms. Archana D. Wani Rs.5,00,000/- p.a.

5. SEGMENT REPORTING

The Company serves to only one segment i.e. Development and Construction of various Structures, which is governed by the same set of risk and returns.

6. RELATED PARTY DISCLOSURE:

Related party Disclosures have been made as applicable in the Tax Audit Report & Annexures thereto.

7. EARNING PER SHARE (EPS)

Divisible Profit for the year 2009 - 2010 : Rs.66,74,495/- No. of Equity Shares : 9,92,00,000

Earning Per Share Rs.00.067

8. In accordance with the provisions of AS-22 the deferred tax liability for the year under audit has been made as per the provisions of AS-22 by ICAI.

9. Previous years figures are regrouped, reclassified and rearranged wherever required.

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Mar 31, 2009

1. As perthe information and explanation provided by the management, the Company has no contingent liability.

2. Estimated amount of contracts remaining to be executed on capital accounts not provided for - NIL (P.Y. - NIL)

3. In the opinion of the Board current assets, loans & advances are approximately of the value stated, if realized in the ordinary course of business. Confirmation of balances in respect of the deposits and advances, Sundry creditors, Sundry debtors and other payables etc. were not available for verification at the time of audit.

4. MANAGERIAL REMUNERATION:

1. Mr. NandkumarN. Harchandani Rs. 5,00,000/-p.a.

2. Ms. Archana D. Wani Rs. 5,00,000/- p.a.

5. SEGMENT REPORTING -

The Company serves to only one segment i.e. Development & Construction of various Structures, which is governed by the same set of risk & returns.

6. RELATED PARTY DISCLOSURE: -

Related party disclosures have been made as applicable in the tax audit report & the annexures thereto.

7. EARNING PER SHARE (EPS)-

Divisible Profit for the year 2008-2009: Rs. 1,27,33,150/-.

No. Of Equity Shares: 9,92,00,000.

Earning Per Share Rs. 00.13.

8. In accordance with the provisions of AS-22 the deferred tax liability for the year under audit has been made as per the provisions of AS-22 by Institute of Chartered Accountants Of India.

9. Previous years figures have been regrouped, reclassified and rearranged wherever required.

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Mar 31, 2008

1. As perthe information & explanation provided by the management, the Company has no contingent liability.

2. Estimated amount of contracts remaining to be executed on capital accounts not provided for - NIL (RY. - NIL)

3. In the opinion of the Board current assets, loans & advances are approximately of the value stated, if realized in the ordinary course of business.

4 MANAGERIAL REMUNERATION:

1. Mr. ANILKUMAR N. HARCHANDANI. Rs. 3,00,000/- P A. - Directors Remuneration forthe E Y 2007 - 08.

5. SEGMENT REPORTING -

The Company serves to only one segment i.e. Development and Construction of various Structures, which is governed by the same set of risk & returns.

6. RELATED PARTY DISCLOSURE: -

i) Key Management Personnel: MR. ANILKUMAR N. HARCHANDANI has been paid Annual Fixed Lease Charges to the extent of Rs. 2,25,000/- p.a. for use of Agricultural Land by the Company for its Business Purposes.

ii) Relatives of Key Management Personnel

Sr. No. Name Of Relatives Mode Of Payment Amount Paid (In Rs.)

1. Mr. Nandkumar K. Annual Fixed Lease Charges. 4,50,000/-p.a. Harchandani.

2. Ms. Poonam N. Harchandani. Annual Fixed Lease Charges. 2,25,000/- p.a.

3. Mr. Vijaykumar N. Annual Fixed Lease Charges. 2,25,000/- p.a. Harchandani

4. Mr. Riteshkumar N. Annual Fixed Lease Charges. 2,25,000/- p.a. Harchandani.

5. M/s. Nandkumar Annual Fixed Lease Charges. 75,000/- p.a. Harchandani (HUF).

6. M/s. Khattumal Harchandani Annual Fixed Lease Charges. 75,000/-p.a. (HUF)

7. EARNING PER SHARE (EPS) -

Divisible Profitfortheyear2007-2008: Rs.1,43,36,032/-. No. Of Equity Shares: 9,92,00,000.

Earning Per Share Rs.0.14

8. In accordance with the provisions of AS-22 the deferred tax liability forthe year under audit has been not made as per the provisions of AS-22 by Institute of Chartered Accountant Of India.

9. Previous years figures have been regrouped, reclassified and rearranged wherever required.

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Mar 31, 2000

1. Method of Valuation of Stocks :

Stock of Building materials are valued at cost and work in progress is valued at cost (Including relevant attributable overheads)

2. In the opinion of management, the company has no contingent liability.

3. Remuneration payable to the Auditors, Rs. 35000/- includes Rs. 10000/- for this year and Rs. 25000/- for previous years for Audit Fees-

4. Figures for the previous year have been regrouped/rearranged, whenever necessary.