Mar 31, 2015
1. Related Party Disclosure under Accounting Standard 18
Relationship:
Associate Concern
RLF Limited
Saurer Embroidery Systems (India) Pvt.Ltd.
Telecom Finance [India] Ltd.
ULL Securities Pvt.Ltd.
2. Previous year figures have been regrouped where necessary.
3. Loan from others include a sum of Rs.36,50,000 which has been
borrowed from Mr.Anil Kumar Khanna Director of the company .
Mar 31, 2014
1. The company has paid advance tax of Rs.1,57,26,775 and the provision
for taxation is Rs.96,68,655. The company has filed appeals in relation
to various taxation matters before different Appellate Authorities.
2. Previous year figures have been regrouped where necessary.
Mar 31, 2013
1.1 Related Party Disclosure under Accounting Standard 18
Relationship:
Associate Concern
RLF Limited
Saurer Embroidery Systems (India) Pvt.Ltd.
Telecom Finance [India] Ltd.
ULL Securities Pvt. Ltd.
1.2 Related party transactions
Saurer Embroidery Systems Income on building & machinery received.
15,00,000/= (India) Pvt. Ltd.
1.3. Related party closing balances
1.4. Previous year figures have been regrouped where necessary.
Mar 31, 2012
1.1 Related Party Disclosure under Accounting Standard 18
Relationship:
Associate Concern
a) RLF Limited
b) Saurer Embroider Systems (India) Pvt. Ltd.
c) Telecom Finance (India) Ltd.
d) ULL Securities Pvt. Ltd.
1.2 Previous year figures have been regrouped where necessary.
Mar 31, 2011
1. The Company has paid Advance Tax of Rs. 1,65,85,684/= and the
provision for Taxation is Rs.96,68,655/=. The company has filed appeals
in relation to various Taxation matters before different Appellate
Authorities.
2. Related Party Disclosure under Accounting Standard 18
Relationship
1. Associate Concern
a) RLF Limited
b) Saurer Embroidery Systems (India) Pvt.Ltd.
c) Telecom Finance [India] Ltd.
d) ULL Securities Pvt. Ltd.
6. Additional Information (to the extent applicable)
a) Details of Capacity and Production
Class of goods Licensed Capacity Actual Production
Installed Capacity
Embroidery - Not Applicable -
3. Previous Year Figures have been regrouped where necessary.
Mar 31, 2010
1. Directors Remuneration
Current Year Previous Year
Rs. Rs.
A. Directors Meeting Fee Nil 27,000/=
B. Directors Insurance
Premium 1,458/= 1,605/=
2. The Company has paid Advance Tax of Rs. 1,68,28,393/= and the
provision for Taxation is Rs.96,68,655/=. The company has filed appeals
in relation to variousTaxation matters before different Appellate
Authorities.
3. Earnings in Foreign Currency
Current Year Previous Year
Rs. Rs.
Nil Nil
4. Related Party Disclosure under Accounting Standard 18
Relationship
I. Associate Concern
a) RLF Limited
b) Saurer Embroidery Systems (India) Pvt.Ltd.
c) Telecom Finance [India] Ltd.
d) ULL Securities Pvt. Ltd.
2A. Related Party Transactions
Saurer Embroidery Systems Rent on Building & Machinery Reed.
27,00,000/=
(India). Ltd.
a) Details of Capacity and Production Class of goods
b) Particulars in respect of Production, Sales, Opening and Closing
Stock of goods produced.
5. Additional Information (to the extent applicable)
c) Information in respect of Raw Material Consumed
d) Information in respect of Imported and indigenous material and
percentage thereof.
e) CI F Value of Imports
6. Previous Year Figures have been regrouped where necessary.
Mar 31, 2005
1. Other Loans for Rs. 6,04.992/- are secured by Hypothecation
Agreement against Plant & Machinery.
2. Contingent Liability of Rs. 1.99 Lacs exists in respect of Sales
Tax.
3. The Company has paid Advance Tax of Rs. 1,56,45,042/- and the
provision for Taxation is Rs. 96,44,680/-.The company has filed appeals
in relation to various Taxation matters before different Appellate
Authorities.
4. Related Party Disclosure under Accounting Standard 18 Relationship
1. Associate Concern
a) ULL Securities Pvt. Ltd.
b) Saurer Embroidery Systems (India) Pvt. Ltd.
2. Other Entities
a) Aquarius Travels Pvt. Ltd
b) Asahi Components Ltd.
c) R. K. Khanna & Company
Mar 31, 2004
1. Other Loans for Rs. 18,33,319/- are secured by Hypothecation
Agreement against Plant & Machinery.
2. Contingent Liability of Rs. 1.99 Lacs exists in respect of Sales
Tax.
3. The Company has paid Advance Tax of Rs. 1,53,96,936/- and the
provision for Taxation is Rs. 96,10,592/-. The company has filed
appeals in relation to various Taxation matters before different
Appellate Authorities.
4. Deferred Tax Assets/Liabilities
The Company has brought forward losses which result in deferred tax
assets in view of future years profitability which exceeds the deferred
tax liabilities on account of timing difference of depreciation and
hence the same is no provided for.
5. Related Party Disclosure under Accounting Standard 18 Relationship
1. Associate Concern
(a) ULL Securities Pvt. Ltd.
(b) Saurer Embroidery Systems (India) Pvt. Ltd.
2. Other Entities
(a) Aquarius Travels Pvt. Ltd.
(b) Asahi Components Ltd.
(c) R. K. Khanna & Company
6. Additional Information (to the extent applicable)
a) Details of Capacity and Production
Class of goods Licensed Capacity Installed Capacity Actual Production
Embroidery - Not Applicable -
e) CIF Valve of Imports Current Year Previous Year
Raw Material Nil Nil
Capital Goods Nil Nil
Components & Spare Parts Nil Nil
Maintenance Machinery Nil Nil
Mar 31, 2003
1 Other Loan for Rs. 20,34,984/- are secured by hypothecation agreement
against Plant & Machinery.
2. Contingent Liability of Rs.1.99 Lacs exists in respect of Sales
Tax.
3. Additional Depreciation of Rs. 45,00,000/- has been provided during
the year on all Leased Assets irrespective of Lease Rentals accruing or
not.
4. The Company has paid Advance Tax of Rs.1,56,73,6767- while the
provision for Taxation is Rs.96,35,1227-.The Company has filed appeals
in relation to various Taxation matters before different Appellate
Authorities.
5. Related Party Disclosure under Accounting Standard 18
Relationship
1. Associates Concern
(a) ULL Securities Pvt. Ltd.
(b) Saurer Embroidery Systems (India) PVt. Ltd.
2. Other Entities
(a) Aquarius Travels Pvt. Ltd.
(b) Asahi Components Ltd.
(c) R.K. Khanna & Company
8. Additional Information (to the extent applicable)
a. Details of Capacity and Production
Class of Goods Licensed Installed Actual
to be produced Capacity Capacity Production
Embroidery Not
Applicable
e.CIF Value of Imports
Raw Material Nil Nil
Capital Goods Nil Nil
Components & Spare Parts Nil Nil
Maintenance Machinery Nil Nil
Mar 31, 2002
1. Loan from Banks are secured by hypothication of assets.
2. Other loans includes a sum of Rs. 1,77,18,382/- on account of write
back of secured loans of Punjab National Bank, as per the firm on time
settlement (OTS), Sanctioned by the Bank Under the OTS the Company had
to pay Rs. Twenty Lacs immediately, and Rs. Seventy Lacs by 30th Sept,
2002. The Company has already paid Rs. Twenty Lacs on 27th June, 2002.
3. Other loans for Rs.27,52,759/- are secured by Hypothecation
Agreement against Plant & Machinery.
4. Contingent Liability of Rs.1.99 Lacs exists in respect of Sales
Tax.
5. Additional Depreciation of Rs. 1,40,27,177/- has been provided
during the year on all leased assets irrespective of lease rentals
accruing or not.
6. The Company has paid Advance Tax of Rs. 1,55,48,067/= while the
provision for Taxation is Rs.96,00,122/=.The Company has filed appeals
in relation to various Taxation matters before different Appellate
Authorities.
7. Related Party Disclosure under Accounting Standard 18
Relationship
1. Associates Concern
(a) ULL Securities Pvt. Ltd.
(b) Saurer Embroidery Systems (India) PVt. Ltd.
2. Other Entities
(a) Aquarius Travels Pvt. Ltd.
(b) Asahi Components Ltd.
(c) R.K. Khanna & Company
Mar 31, 2001
1. Loan from Banks are secured by hypothication of assets.
2. Other loans for Rs.51,38,749/= are secured by Hire Purchase
Agreement against Plant & Machinery.
3. Contingent Liability of Rs.1.99 Lacs exists in respect of Sales
Tax.
4. Depreciation has been charged on leased assets where income is
accruing.
5. Prior Period Adjustment represents an adhoc provision of Rs.25 Lac
on leased assets where income is not accruing.
6. The Company has paid Advance Tax of Rs.1,62,15,228/= while the
provision for Taxation is Rs.96,00,122/=.The Company has filed appeals
in relation to various Taxation matters before different Appellate
Authorities.
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