Notes to Accounts of Indo Credit Capital Ltd.

Mar 31, 2014

(a) Estimated amount of contracts remaining to be executed on capital account and not provided for Rs. Nil (Previous year - Nil)

2013-2014 2012-2013

(b) C.I.F. Value of imports Nil Nil (excluding purchase of items - imported by their agencies)

(c) Expenditure in foreign currency Nil Nil

(d) Earning in foreign exchange Nil Nil

(e) Previous year''s figures have been regrouped and rearranged wherever necessary.

(f) The debit and credit balances shown in the Balance sheet are subject to the confirmation from the parties concerned.

(g) Payment to Auditors 2013-2014 2012-2013

(i)For Service as Auditors 5,618 5,618

(ii) For Company Matters --- ---

(iii) For Other Service --- ---

Total Rs. 5,618 5,618

(h) No provision for gratuity & leave encashment is made during the year & Provident Fund Act is not applicable.

2013-2014 2012-2013

(i) Contingent Liabilities: Nil Nil

(j) The company is holding shares which are not quoted in the market. Therefore, the question diminution on their value as compared to the market value does not apply.

(k) Based on the guiding principles given in Accounting Standard on "Segment Reporting" (AS-17) issued by Institute of Chartered Accountants of India, the company''s primary business is that of finance and other activities and related services. The finance and related services of the company incorporate product groups'' viz. Purchase of shares and selling of shares which have similar risks and returns, accordingly there are no separate reportable segments.

(l) Notes 1 to 18 forms an integral part of accounts.

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Mar 31, 2013

(a) No provision for gratuity & leave encashment is made during the year & Provident Fund Act is not applicable.

2012-2013 2011-2012

(b) Contingent Liabilities: Nil Nil

(c) The company is holding shares which are not quoted in the market. Therefore, the question diminution on their value as compared to the market value does not apply.

(d) Based on the guiding principles given in Accounting Standard on "Segment Reporting" (AS-17) issued by Institute of Chartered Accountants of India, the company''s primary business is that of finance and other activities and related services. The finance and related services of the company incorporate product groups'' viz. Purchase of shares and selling of shares which have similar risks and returns, accordingly there are no separate reportable segments.

(e) Notes 1 to 18 forms an integral part of accounts.

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Mar 31, 2012

(a) Estimated amount of contracts remaining to be executed on capital account and not provided forRs. Nil (Previous year - Nil)

(b) Previous year's figures have been regrouped and rearranged wherever necessary.

(c) The debit and credit balances shown in the Balance sheet are subject to the confirmation from the parties concerned.

(d) No provision for gratuity & leave encashment is made during the year & Provident Fund Act is not applicable.

2011-2012 2010-2011

(e) Contingent Liabilities: Nil Nil

(f) The company is holding shares which are not quoted in the market. Therefore, the question diminution on their value as compared to the market value does not apply.

(g) Based on the guiding principles given in Accounting Standard on "Segment Reporting" (AS-17) issued by Institute of Chartered Accountants of India, the company's primary business is that of finance and other activities and related services. The finance and related services of the company incorporate product groups' viz. Purchase of shares and selling of shares which have similar risks and returns, accordingly there are no separate reportable segments.

(h) Notes 1 to 18 forms an integral part of accounts.

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Mar 31, 2010

1. Estimated amount of contracts remaining to be executed on capital account and not provided for Rs. Nil (Previous year - Nil)

2. Previous year's figures have been regrouped and rearranged wherever necessary.

3. The debit and credit balances shown in the Balance sheet are subject to the confirmation from the parties concerned.

4. No provision for gratuity, provident fund & leave encashment is made as payment of Gratuity Act & Provident Fund Act are not applicable.

2009-2010 2008-2009

5 Contingent Liabilities: Nil Nil

6. The company is holding shares which are not quoted in the market. Therefore, the question diminution on their value as compared to the market value does not apply.

7. Based on the guiding principles given in Accounting Standard on "Segment Reporting" (AS-17) issued by Institute of Chartered Accountants of India, the company's primary business is that of finance and other activities and related services. The finance and and related services of the company incorporate product groups viz. Purchase of shares and selling of shares which have similar risks and returns, accordingly there are no separate reportable segments.

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Mar 31, 2009

1. Estimated amount of contracts remaining to be executed on capital account and not provided for Rs. Nil (Previous year - Nil)

2. C.I.F. Value of imports (excluding purchase of items - imported by other agencies)

3. Previous years figures have been regrouped and rearranged wherever necessary.

4. The debit and credit balances shown in the Balance sheet are subject to the confirmation from the parties concerned.

5. No provision for gratuity, provident fund & leave encashment is made as payment of Gratuity Act & Provident Fund Act are not applicable.

2008-2009 2007-2008

6 Contingent Liabilities: Nil Nil

7. The company is holding shares which are not quoted in the market. Therefore, the question diminution on their value as compared to the market value does not apply.

8. Based on the guiding principles given in Accounting Standard on "Segment Reporting" (AS-17) issued by Institute of Chartered Accountants of India, the companys primary business is that of finance and other activities and related services. The finance and and related services of the company incorporate product groups viz. Purchase of shares and selling of shares which have similar risks and returns, accordingly there are no separate reportable segments.