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Notes to Accounts of Tribhuvan Housing Ltd.

Mar 31, 2014

1. Related Party Disclousure

As per explanation given to us by the management,no payment made to related parties according to AS-18 "Related Party Disclousures" issued by ICAI.

2. Preliminary and Share Issue Expenses

Preliminary and share issue expenses are amortized over the period of Ten accounting years.

3. The figures of the previous accounting period are re-grouped, re-classified wherever necessary and are not comparable with the figures of the current accounting year. The figures are rounded to nearest rupees in lacs.

4. In the opinion of the Board of Directors of the Company the sundry debtors, Loans and Advances, sundry creditors are subject to third party confirmation, have a value on realization / payment in the ordinary course of business, at least equal to the amounts at which they are stated and the provisions for all known liabilities are adequately made and are not in excess of the amount reasonably necessary.

5. Taxation

No Provision of taxation has been made during the year

6. There were no employees in the company during the year


Mar 31, 2013

A. CORPORATE INFORMATION

Tribhuvan Housing Limited is Real Estate company. The company engaged in the business of construction, sales, and purchase of Residential, commercial Buildings and Farm Houses.

1. Related Party Disclosure

As per explanation given to us by the management, no payment made to related parties according to AS-18 "Related Party Disclosures" issued by ICAI.

2. Preliminary and Share Issue Expenses

Preliminary and share issue expenses are amortized over the period of Ten accounting years.

3. The figures of the previous accounting period are re-grouped, re-classified wherever necessary and are not comparable with the figures of the current accounting year. The figures are rounded to nearest rupees in lacs.

4. In the opinion of the Board of Directors of the Company the sundry debtors, Loans and Advances, sundry creditors are subject to third party confirmation, have a value on realization / payment in the ordinary course of business, at least equal to the amounts at which they are stated and the provisions for all known liabilities are adequately made and are not in excess of the amount reasonably necessary.

5. Taxation

No Provision of taxation has been made during the year

6. There were no employees in the company during the year


Mar 31, 2011

1. Related party Disclosure

As per explanation given to us by the management, no payment made to related parties according to AS-19- "RELATED PARTY DISCLOSURES' issued by ICAI.

2. Computation of Basic and Diluted Earning per share has been made as per relevant Accounting Standard.

3. Inventories:-

There are no inventories with the company.

4. Fixed assets have been written off during the year as there were no records maintained or available.

5. There were no employees in the company during the year.

6. Earning in Foreign Exchange NIL (previous year NIL)

7. Remittance in foreign Exchange NIL (previous year NIL)

8. No further information pursuant to paragraph 4C and 4D of the part II of the Schedule VI of the Companies Act, 1956 is given, as the same does not apply to the company.

9. Company is not contingent liable for any others.

10. The figures of previous year have been regrouped whenever necessary.

11. Depreciation has not been charged by the company during the year.


Mar 31, 2010

1. The balances of loans, advances, debtors, secured and unsecured loans, creditors and bank balances and other items of the current assets and liabilities are subject to confirmation / reconciliation.

2. Related party Disclosure

As per explanation given to us by the management, no payment made to related parties according to AS-19-"RELATED PARTY DISCLOSURES issued by ICAI.

3. Computation of Basic and Diluted Earning per share has been made as per relevant Accounting Standard.

4. Inventor ies:-

As per consistent practice followed by the Company, the valuation is a under:-

Work in progress has been valued considering percentage of completion method and as per physical verification of WIP on the closing date.

5. Fixed assets have been physically verified by Management.

6. There are no employees drawing remuneration exceeding Rs. 12,00,000/- per annum or Rs. 1,00,000/-per month as the case may be.

7. Earning in Foreign Exchange NIL (previous year NIL)

8. Remittance in foreign Exchange NIL (previous year NIL)

9. No further information pursuant to paragraph 4C and 4D of the part II of the Schedule VI of the Companies Act, 1956 is given, as the same does not apply to the company.

10. Company is not contingent liable for any others.

11. The figures of previous year have been regrouped whenever necessary.

12. Depreciation has been charged on straight-line method as per the provision of Companies Act, 1956.

 
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