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Notes to Accounts of Tarang Projects and Consultant Ltd.

Mar 31, 2015

1. Terms / Rights attached to Equity Shares

The Company has only one class of equity shares having par value at Rs. 10/- per share. Each holder of equity shares is entiled to one vote per share.

2. There are no creditors as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

3. In our opinion the current assets, Loans & Advances are approximately of the value stated, if realized in the ordinary course of business. Investment is valued at cost of acquisition.

4. Provision for all known liabilities are adequate and are not in excess of the amount considered reasonably necessary.

5. Expenditure incurred in foreign currency is NIL.

6. Related Party Disclosures, as required by Accounting Standard-18 "Related Party Disclosures" issued by the Institute of Chartered Accountants of India is NIL

7. Claim against the Company not acknowledge as debts : Rs.Nil

8. The disclosure requirements under Schedule III of the Companies Act, 2013 are given to the extent applicable to the Company.

9. Previous year figures have been re-grouped and re-arranged if required making them comparable with current year figures.


Mar 31, 2014

1. There are no creditors as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

2. In our opinion the current assets, Loans & Advances are approximately of the value stated, if realized in the ordinary course of business. Investment is valued at cost of acquisition.

3. Provision for all known liabilities are adequate and are not in excess of the amount considered reasonably necessary.

4. Expenditure incurred in foreign currency is NIL.

5. Additional information pursuant to part IV of the Schedule VI of Companies Act, 1956 are as per annexure enclosed.

6: As per AS-18, notified in the Companies (Accounting Standards) Rules 2006, there is no related party transaction during the year.

7: Claim against the Company not acknowledge as debts : Rs.Nil

8: The disclosure requirements under Part II of Schedule VI of the Companies Act, 1956 are given to the extent applicable to the Company.

9: As the Company is not a manufacturing company, information required under Paragraphs 3 and 4 of Part II of the Schedule VI of the Companies Act, 1956 is not given.

10: Previous year figures have been re-grouped and re-arranged if required making them comparable with current year figures.


Mar 31, 2013

1. There are no creditors as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

2. In our opinion the current assets, Loans & Advances are approximately of the value stated, if realized in the ordinary course of business. Investment is valued at cost of acquisition.

3. Provision for all known liabilities are adequate and are not in excess of the amount considered reasonably necessary.

4. Expenditure incurred in foreign currency is NIL.

5. Additional information pursuant to part IV of the Schedule VI of Companies Act, 1956 are as per annexure enclosed.

6: As per AS-18, notified in the Companies (Accounting Standards) Rules 2006, there is no related party transaction during the year.

7: Claim against the Company not acknowledge as debts : Rs. Nil

8: The disclosure requirements under Part II of Schedule VI of the Companies Act, 1956 are given to the extent applicable to the Company.

9: As the Company is not a manufacturing company, information required under Paragraphs 3 and 4 of Part II of the Schedule VI of the Companies Act, 1956 is not given.

10: Previous year figures have been re-grouped and re-arranged if required making them comparable with current year figures.


Mar 31, 2012

1. There are no creditors as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

2. In our opinion the current assets, Loans & Advances are approximately of the value stated, if realized in the ordinary course of business. Investment is valued at cost of acquisition.

3. Provision for all known liabilities are adequate and are not in excess of the amount considered reasonably necessary.

4. Expenditure incurred in foreign currency is NIL.

5. Additional information pursuant to part IV of the Schedule VI of Companies Act, 1956 are as per annexure enclosed.

6: As per AS-18, notified in the Companies (Accounting Standards) Rules 2006, there is no related party transaction during the year.

7: Claim against the Company not acknowledge as debts : Rs. Nil

8: The disclosure requirements under Part II of Schedule VI of the Companies Act, 1956 are given to the extent applicable to the Company.

9: As the Company is not a manufacturing company, information required under Paragraphs 3 and 4 of Part II of the Schedule VI of the Companies Act, 1956 is not given.

10: Previous year figures have been re-grouped and re-arranged if required making them comparable with current year figures.


Mar 31, 2011

The Financial Statements have been prepared in accordance with the historical cost convention and accrual bassis.

Fixed Assets are stated at Cost, Depreciation on Fixed Assets has been provided for on written down value method at the rates and in the manner prescribed under the Income Tax Act, 1961.

Figures for the previous have been regrouped/rearranged wherever considered necessary.

Other information have not been given since none of them are applicable.

 
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