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Notes to Accounts of Parsharti Investments Ltd.

Mar 31, 2015

1. There is no Related party Transaction made during the financial year as required by Accounting Standard 18, "Related party Disclosures", prescribed by the Companies (Accounting Standard) Rules, 2006.

2. The additional information pursuant to Schedule III of Companies Act, 2013 are either Nil or Not Applicable.

3. No deferred tax assets is recognized in pursuant to Para 17 of the Accounting Standard 22 "Accounting for taxes on income" issued by the Institute of Chartered Accountants of India, for unabsorbed depreciation and carry forward of losses of earlier years. The company is not certain that sufficient future taxable income will be available against which such deferred tax assets could be realized.


Mar 31, 2014

1 No deferred tax assets is recognized in pursuant to Para 17 of the Accounting Standard 22 "Accounting for taxes on income" issued by the Institute of Chartered Accountants of India, for the unabsorbed depreciation and carry forward of losses of earlier years. The company is not certain that sufficient future taxable income will be available against which such deferred tax assets could be realized.

2. There is no Related party Transaction made during the financial year as required by Accounting Standard 1S, "Related Party Disclosures," prescribed by the Companies (Accounting Standards) Rules, 2006.

3. The additional Information pursuant to Revised Schedule VI to the Companies Act, 1956 are either Nil or Not Appli- cable.


Mar 31, 2013

1. Particulars in respect of Opening Stock, Purchases, Sales & Closing Stock for Stock in Trade

2. No deferred lax assets is recognized in pursuant to Para 17 of the Accounting Standard 22 "Accounting for taxes on income" issued by the Institute of Chartered Accountants of India, for the unabsorbed depreciation and carry forward of losses of earlier years. The company is not certain that sufficient future taxable income will be available against which such deferred tax assets could be realized.

3. There is no Related party Transaction made during the financial year as required by Accounting Standard 18, "Related Party Disclosures," prescribed by the Companies (Accounting Standards) Rules, 2006.

4. The additional Information pursuant to Revised Schedule VI to the Companies Act, 1956 are either Nil or Not Applicable.


Mar 31, 2012

Note: 1.1

The company has only one Class of Equity shares having par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the company, the holders of equity shares will be entitled to recieve remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by each shareholder.

2. No deferred tax assets is recognized in pursuant to Para 17 of the Accounting Standard 22 "Accounting for taxes on income" issued by the Institute of Chartered Accountants of India, for the unabsorbed depreciation and carry forward of losses of earlier years. The company is not certain that sufficient future taxable income will be available against which such deferred tax assets could be realized.

3. There is no Related party Transaction made during the financial year as required by Accounting Standard 18,"Related Party Disclosures," prescribed by the Companies (Accounting Standards) Rules. 2006.

4. The additional Information pursuant to Revised Schedule VI to the Companies Act, 1956 are either Nil or Not Applicable.

5. The financial statements for the year ended 31 st March, 2011 were prepared as per then applicable, pre-revised Schedule VI to the Companies Act, 1956. Consequent to the notification of Revised Schedule VI under the Companies Act, 1956, the financial statements for the year ended 31st March, 2012 are prepared in compliance with the Revised Schedule VI. Accordingly, the previous year figures have also been reclassified/ regrouped to conform to current year's classification. The adoption of Revised Schedule VI for previous year figures does not impact recognition and measurement principles followed for preparation of the financial statements.


Mar 31, 2010

1. No deferred tax assets is recognized in pursuant to Para 17 of the Accounting Standard 22 Accounting for taxes on income" issued by the Institute of Chartered Accountants of India, for the unabsorbed depreciation and carry forward of losses of earlier years. The company Is not certain that sufficient future taxable income will be available against which such deferred tax assets could be realized.

2. Previous year figures have been regrouped/ arranged, wherever necessary.

3. Other information pursuant to provisions xrf Schedule VI Part II of Companies Act 195% are either Nil or not applicable.

4. Additional information as required under Part IV Schedule VI to the Companies Act 1956, Balance Sheet Abstract and Companys General Business Profile.

 
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