Mar 31, 2013
1. Expenditure in foreign currency - Nil, Previous year Nil.
2. Earnings in foreign currency - Nil, Previous year Nil.
3. The figures for the previous year have been regrouped, rearranged,
wherever necessary, so as to make them comparable with those for the
current year.
4. The Company is engaged in only one segment viz. Investments.
5. Deferred Tax
In accordance with Accounting Standard (AS) - 22 Taxes on Income'',
deferred tax is recognised in respect of timing difference arising in
and capable of reversal in future. As of year end, there are no timing
differences arising in the current year and capable of reversal in
future and accordingly the balance of Deferred Tax Asset/Liability is
NIL.
6. Although the Board of Director have convened Extra Orinary General
Meeting for considering voluantary winding- up of the company, pending
the outcome of the meeting, the accounts have been prepared on a going
concern basis.
Mar 31, 2012
1. Expenditure in foreign currency - Nil, Previous year Nil.
2. Earnings in foreign currency - Nil, Previous year Nil.
3. The figures for the previous year have been regrouped, rearranged,
wherever necessary, so as to make them comparable with those for the
current year.
4. Related Party Disclosures
Related party disclosures,as required by Accounting Standard (AS) - 18,
" Related Party Disclosures", are given below :
5. The Company is engaged in only one segment viz. Investments.
6. Deferred Tax
In accordance with Accounting Standard (AS) - 22 'Taxes on Income',
deferred tax is recognised in respect of timing difference arising in
and capable of reversal in future. As of year end, there are no timing
differences arising in the current year and capable of reversal in
future and accordingly the balance of Deferred Tax Asset/Liability is
NIL.
Mar 31, 2010
1. Expenditure in foreign currency - Nil, Previous year Nil.
2. Earnings in foreign currency - Nil, Previous year Nil.
3. The figures for the previous year have been regrouped, rearranged,
wherever necessary, so as to make them comparable with those for the
current year.
4. Related Party Disclosures
Related party disclosures,as required by Accounting Standard (AS) -
18," Related Party Disclosures", are given below : A Names of Related
Parties and Description of Relationship
5. The Company is engaged in only one segment viz. Investments.
6. Deferred Tax
In accordance with Accounting Standard (AS) - 22 Taxes on Income, the
company had recognised deferred tax in respect of timing difference
arising in and capable of reversal in future. As of year end, there are
no timing differences arising in the curren
7. Disclosure in respect of Lease (As per Accounting Standard (AS) -
19 : Leases issued by the ICAI
The company has given on Operating lease, its ownership premises,
details of which as required by AS-19 are as under:
(E) Accounting policy adopted in respect of initial direct costs Since
the same are not very significant, they are fully charged to Profit &
Loss at the inception of the operating lease.
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