Jun 30, 2010
1. Estimated amount of contracts remaining to be executed on Capital
account is Rs. NIL
2. No provision has been made in the books of account for accrued
gratuity under the payment of gratuity Act1972. It is accounted for on
cash basis.
3. Sales includes exports amounting to Rs. 12,94,11,108/-
TAXATION:
3. Provision has been made for Income Tax as per the provisions of the
Income Tax Act, 1961.
General:
1. Figured have been adjusted to the nearest rupee. Correspondence
figure for the previous year have been regrouped whoever necessary to
the min conformity with the presentation of this year.
2. Quantitative Details:
The company is engaged in the business of software development. The
production and sale of such software is not capable of being expressed
in any generic unit. Hence it is not possible to give the quantitative
details of such sale and the information requirement under the
paragraphs 3,4C, 4D of part II of schedule VI of the companies Act,
1956
The Schedule referred to in balance sheet and profit and loss account
from an integral part of the accounts.
Jun 30, 2009
1. Estimated amount of contracts remaining to be executed on Capital
account is Rs. NIL
2. Loans and Advances from/ to Directors do not carry interest is
payable on demand.
3. No provision has been made in the books of account for accrued
gratuity under the payment of gratuity Act1972. It is accounted for on
cash basis.
4. Earning and Expenditure in Foreign Currency: Earning: Export US$
1,30,000
5. Sundry debtors/ sundry creditors, loans and advances are subject to
confirmation.
TAXATION:
6. Provision is been made for Income Tax under the Income - Tax Act
1961.
General:
7. Figured have been adjusted to the nearest rupee.
Correspondence figure for the previous year have been regrouped whoever
necessary to the min conformity with the presentation of this year.
8. Quantitative Details:
The company is engaged in the business of computer software. The
production and sale of such software is not capable of being expressed
in any generic unit. Hence it is not possible to give the quantitative
details of such sale and the information requirement under the
paragraphs 3,4C, 4D of part II of schedule VI of the companies Act,
1956
The Schedule referred to in balance sheet and profit and loss account
from an integral part of the accounts.