Mar 31, 2016
1. In the opinion of the management, the current assets, loans and advances have the values on realization in the ordinary course of business at least equal to the amounts at which they are stated in the balance sheet except the trade receivables and loans and advances which falls under management''s policy for bad and doubtful debts as taken in the previous years.
2. Contingent Liabilities and commitments (to the extent not provided for)
Claims against the company not acknowledged as debt -- Contingent Liabilities
3. Income Tax Demand for A.Y 2008-09 of Rs.6,180/-
4. Income Tax Demand for A.Y. 2008-09 of Rs.33,930/-
5. Income Tax Demand for A.Y 2009-10 of Rs.1,10,570/-
6. Income Tax Demand for A.Y. 2009-10 of Rs.11,820/-
7. Income Tax Demand for A.Y. 2014-15 of Rs.1,518/-
8. Income Tax Demand for A.Y. 2015-16 of Rs.33,010/-
9. All Debit and Credit balances are subject to confirmation and reconciliation.
10. There are no dues to Micro; Small & Medium Enterprises as at Balance Sheet date and no interest has been paid to any such parties. This is based on the information on such parties having been identified on the basis of information available with the Company and relied upon by the auditors.
11. Earnings Per Share (EPS) The following reflects the profit and share data used in the basic and diluted EPS Computations:
12. Related Party transactions:
As per the AS 18 for related party transaction issued by The Institute of Chartered Accountants of India and statement provided by the Company for Identification of Related Parties and accepted by the auditors relying on the authenticity of the statement. The related party transactions are as follows.
13.. The financial statement for the year ended 31st March, 2016 has been prepared as per the requirement of the Revised Schedule III to the Companies Act, 2013. The previous year''s figures have been accordingly regrouped/ classified to confirm to the year''s classification.
14. The accompanying notes are an integral part of the financial statements.
Mar 31, 2015
1) In the opinion of the management, the current assets, loans and
advances have the values on realization in the ordinary course of
business at least equal to the amounts at which they are stated in the
balance sheet except the trade receivables and loans and advances which
falls under management's policy for bad and doubtful debts as taken in
the previous years.
2) All Debit and Credit balances are subject to confirmation and
reconciliation.
3) There are no dues to Micro, Small & Medium Enterprises as at Balance
Sheet date and no interest has been paid to any such parties. This is
based on the information on such parties having been identified on the
basis of information available with the Company and relied upon by the
auditors.
4) Earnings Per Share (EPS) The following reflects the profit and share
data used in the basic and diluted EPS Computations:
5) Related Party transactions:
As per the AS 18 for related party transaction issued by The Institute
of Chartered Accountants of India and statement provided by the Company
for Identification of Related Parties and accepted by the auditors
relying on the authenticity of the statement. The related party
transactions are as follows.
Mar 31, 2014
Related Party transactions:
As per the AS 18 for related party transaction issued by The Institute
of Chartered Accountants of India and statement provided by the Company
for Identification of Related Parties and accepted by the auditors
relying on the authenticity of the statement. There is no payment to
related parties.
31 March 2014 31 March 2013
(Rs.) (Rs.)
Contingent liabilities and commitments
(to the extent not provided for)
Contingent liabilities
(a) Claims against the Company
not acknowledged as debt Not Not
Ascertainable Ascertainable
(b) Legal suits and claims filed
against the company Not Not
Ascertainable Ascertainable
Disclosures required under Section 22 of the Micro, Small and Medium
Enterprises Development Act, 2006
Micro, Small and Medium Enterprises in terms of section 22 of the
Micro, Small and Medium Enterprises Development Act, 2006 have been
determined to the extent such parties have been identified on the basis
of information available with the Company and relied upon by the
auditors. The Company has not received any instruction from suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 and hence, disclosures if any, relating to
amounts unpaid as at the year end together with interest payable as
required under the said Act have not been given.
The balances appearing under unsecured loans, sundry creditors, loans
and advances, and certain banks are subject to confirmation and
reconciliation and consequential adjustment, if any, will be accounted
for in the year of confirmation and/or reconciliation
In the opinion of the Board, the Current Assets, Loans and Advances
have value on realisation in the ordinary course of business, at least
equal to the amount at which they are stated in the Balance Sheet.
All known liabilities are provided for on the basis of available
information/ estimates. 20.7 Other advances includes Rs. 1,000,000/-
(Previous year Rs. 2,500,000) paid to M/s. Anira Devlopers Private
Limited as advance against realty, Rs. 5,000,000/- (Previous year Rs.
5000,000) paid to M/s. Nahata Leasing Private Limited as loan.
Segment Reporting:
During the year, the Company has only one segment in product wise and
geographical wise, hence Segment Reporting in accordance with
Accounting Standard 17 (AS-17), ÂSegmental reportingÂ, issued by the
Institute of Chartered Accountants of India, has not been provided.
The Revised Schedule VI has become effective from 1 April, 2011 for the
preparation of financial statements. This has significantly impacted
the disclosure and presentation made in the financial statements.
Previous yearÂs figures have been regrouped / reclassified wherever
necessary to correspond with the current yearÂs classification /
disclosure.
Mar 31, 2013
1. Value of imported and indigenous raw materials consumed during the
year and the percentage of each to the total consumption:-
2. Figures for previous years have been re-grouped/re-arranged,
wherever necessary.
3. Related Party transactions:
As per the AS 18 for related party transaction issued by The Institute
of Chartered Accountants of India and statement provided by the Company
for Identification of Related Parties and accepted by the auditors
relying on the authenticity of the statement the following are the
related party transactions are recognised as under:
Mar 31, 2012
1. Related Party transactions:
As per the AS 18 for related party transaction issued by The Institute
of Chartered Accountants of India and statement provided by the Company
for Identification of Related Parties and accepted by the auditors
relying on the authenticity of the statement the following are the
related party transactions are recognised as under:
Mar 31, 2011
1. Figures for previous years have been re-grouped/re-arranged,
wherever necessary.
Mar 31, 2010
1. Figures for previous years have been re-grouped/re-arranged,wherever
necessary.
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