Mar 31, 2011
1 Previous year's figures have been re-grouped, re-cast or re-arranged
to make them comparable with Current year's figures wherever deemed
necessary.
2. Balance in personal accounts are subject to confirmation in certain
cases.
3. The company is engaged in the production and development of
Computer Software. The Production and Sale of such software cannot be
expressed in generic unit. Hence it is not possible to give
quantitative details as required under paragraph 3 and 4C of PART-II of
Schedule VI to the Companies Act, 1956.
Contingent Liabilities 1,12,00,000 1,12,00,000
(Against UPFC and P&SB disputed interest)
Figures in paise have been rounded off to the nearest rupee.
The company does not own any amount due to any Small Scale Industrial
Unit outstanding for more than 30 days as on 31st March, 2011.
According to Accounting Standard-22, a net provision for deferred tax
has been made Rs. 2216 /- (P/Y provision reversed by Rs. 344450/-).
Earnings Per Equity Share
Diluted EPS is calculated on weighted average basis as prescribed in
accounting standard. Annualised per equity share have been calculated
based on net profit after taxation.
Sundry Creditors do not include any amount due to small scale
industrial undertaking.
There are certain disputes with UPFC/ PUNJAB & SINDH BANK. No interest
provision is required to be made as per the opinion of the experts.
Final settlement will be arrived at the figure not more than as stated
in the balance sheet as on date. Therefore provision for the has not
been made in the Balance sheet.
No Income Tax provision have been made in absence of Taxable Profits
during the year however provision for Fringe Benefit Tax have been
made.
The Company has not made any provision for the Interest on Secured
Loan.
Appeal in respect of certain assessments of Income Tax are pending and
additional tax liabilities/ refunds, if any is not determinable at this
stage. Adjustment for the same will me made after the same is finally
determine.
old parties balances are subject to reconciliation.
Schedules A to N form an integral part of the Balance Sheet and Profit
and Loss Account.
Mar 31, 2010
1. Previous years figures have been re-grouped, re-cast or
re-arranged to make them comparable with Current years figures
wherever deemed necessary.
2. Balance in personal accounts are subject to confirmation in certain
cases.
3. The company is engaged in the production and development of
Computer Software. The Production and Sale of such software cannot be
expressed in generic unit. Hence it is not possible to give
quantitative details as required under paragraph 3 and 4C of PART-II of
Schedule VI to the Companies Act, 1956.
Current Year Previous Year
Amount (Rs.) Amount (Rs)
Contingent Liabilities 1, 12, 00,000 1, 12, 00,000
(Against UPFC and P&SB disputed
interest)
Figures in paise have been rounded off to the nearest rupee.
The company does not own any amount due to any Small Scale Industrial
Unit outstanding for more than 30 days as on 31st March, 2010.
According to Accounting Standard-22, a net provision for deferred tax
has been made Rs.- 344450/- (P/Y provision reversed by Rs. 2607722/-).
Assets and Expenditure cannot be allocated segment wise.
Earnings Per Equity Share
Diluted EPS is calculated on weighted average basis as prescribed in
accounting standard. Annualised per equity share have been calculated
based on net profit after taxation.
Sundry Creditors do not include any amount due to small scale
industrial undertaking.
There are certain disputes with UPFC/ PUNJAB & SINDH BANK. No interest
provision is required to be made as per the opinion of the experts.
Final settlement will be arrived at the figure not more than as stated
in the balance sheet as on date. Therefore provision for the has not
been made in the Balance sheet.
No Income Tax provisions have been made in absence of Taxable Profits
during the year however provisions for Fringe Benefit Tax have been
made.
The Company has not made any provision for the Interest on Secured
Loan.
Appeal in respect of certain assessments of Income Tax are pending and
additional tax liabilities/ refunds, if any is not determinable at this
stage. Adjustment for the same will me made after the same is finally
determine.
Old parties balances are subject to reconciliation.
Schedules A to N form an integral part of the Balance Sheet and Profit
and Loss Account.
Mar 31, 2009
1. Previous years figures have been re-grouped, re-cast or
re-arranged to make them comparable with Current yearsfigures wherever
deemed necessary.
2. Balance in personal accounts are subject to confirmation in certain
cases.
3. The company is engaged in the production and development of
Computer Software. The Production and Sale of such software cannot be
expressed in generic unit. Hence it is not possible to give
quantitative details as required under paragraph 3 and 4C of PART-II of
Schedule VI to the Companies Act, 1956.
Current Year Previous Year
Amount (Rs.) Amount (Rs)
4. Contingent Liabilities 1,12,00,000 1,12,00,000
(Against UPFC and P&SB
disputed interest)
5. Figures in paise have been rounded off to the nearest rupee.
6. The company does not own any amount due to any Small Scale
Industrial Unit outstanding for more than 30 days as on 31st March,
2009.
According to Accounting Standard-22, a net provision for deferred tax
has been made Rs. 2607722/- (P/Y provision reversed by Rs. 2241246/-).
Segment Recording The company has following business segments
(Rs. In Lacs)
Segment Revenue - Products/Services 0
Assets and Expenditure cannot be allocated segment wise.
7. Earnings Per Equity Share
Diluted EPS is calculated on weighted average basis as prescribed in
accounting standard. Annualised per equity share have been calculated
based on net profit after taxation.
8. Sundry Creditors do not include any amount due to small scale
industrial undertaking.
9. There are certain disputes with UPFC/ PUNJAB & SINDH BANK. No
interest provision is required to be made as per the opinion of the
experts. Final settlement will be arrived at the figure not more than
as stated in the balance sheet as on date. Therefore provision for the
has not been made in the Balance sheet.
10. No Income Tax provision have been made in absence of Taxable
Profits during the year however provision for Fringe Benefit Tax have
been made.
11. The Company has not made any provision for the Interest on Secured
Loan.
12. Appeal in respect of certain assessments of Income Tax are pending
and additional tax liabilities/ refunds, if any is not determinable at
this stage. Adjustment for the same will me made after the same is
finally determine.
13. old parties balances are subject to reconciliation.
14. SchedulesAto N form an integral part of the Balance Sheet and
Profit and Loss Account.
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