Home  »  Company  »  MYM Technologies Ltd  »  Quotes  »  Notes to Account
Enter the first few characters of Company and click 'Go'

Notes to Accounts of MYM Technologies Ltd.

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.

 
Subscribe now to get personal finance updates in your inbox!