Notes to Accounts of Ashram Online.com Ltd.

Mar 31, 2012

Brief description of the Company and its Business

M/S. ASHRAM ONLINE . COM LIMITED was incorporated in India, and is engaged in the Business of building high class infrastructure for promoting health, sports , tourism, and providing wide range of infrastructure facilities for the corporate and business organisations.

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Mar 31, 2010

A. RELATED PARTY DISCLOSURES

The Company had no transactions with the related parties during the year under review other than temporary current account transactions

B. IMPAIRMENT OF ASSETS

As required by AS-28 issued by the Institute of Chartered Accountants of India, provision for impairment loss of Assets is not required to be made as the estimated realizable value of such assets will be more or equal to the carrying amount stated in the Balance Sheet-

C, SEGMENTAL REPORTING

The company is engaged primarily in the one segment, accordingly there are no separate reportable segment as per the accounting standard 17 (Segmental Reporting ) issue by the Institute of Chartered Accountants of India

D.DUES TO SMES

Management has determined mat there were no balances outstanding as at the beginning of the year and no transactions entered with micro. small and medium enterprises as defined under Micro. Small and Medium Enterprises Development Act. 2006, during the current year, based on the information available with the company as at March 31,2010.

E.GENERAL

a The figures for the previous year have been regrouped / reclassified / rearranged where ever necessary with the conformity with the current year figures for facilitating proper comparisons.

b The figures have been rounded off to the nearest rupee.

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Mar 31, 2009

ASHRAM ONLINE.COM LIMITED was incorporated in India, and is engaged in the Business Of building high class Infrastructure for promoting health, sports, tourism and providing wide range of infrastructure facilities for the Corporate and business organisations.

A. DUES TO SHES

Management has determined that there were no balances outstanding as at the beginning of the year and no transactions entered with micro, small and medium enterprises as defined under Micro, small and Medium Enterprises Development Act, 2006, during the current year, based on the information available with the company as at March 31,2009.

B. GENERAL

a. The figures for the previous year have been regrouped ! reclassified / rearranged where ever necessary with the conformity with the current year figures for facilitating proper comparisons

b. The figures have been rounded off to the nearest rupee.