Mar 31, 2014
A. METHOD OF ACCOUNTING
The books of account are maintained on accrual basis as going concern.
b. Income from interest is accounted as and when accrued and dividend,
if any, as and when received.
c. Dividend income is accounted as and when received.
Mar 31, 2013
A. METHOD OF ACCOUNTING
The books of account are maintained on accrual basis as going concern.
b. Income from interest is accounted as and when accrued and dividend,
if any, as and when received.
c. Dividend income is accounted as and when received.
Mar 31, 2012
A. METHOD OF ACCOUNTING
The books of account are maintained on accrual basis as going concern.
b. Income from interest is accounted as and when accrued and dividend,
if any, as and when repeived.
c. Dividend income is accounted as and when received.
Mar 31, 2011
A: METHOD OF ACCOUNTING
The books of account are maintained on accrual basis as going concern.
b. DEPRECIATION
Depreciation has been charged in accordance with the rate prescribed
under the straight line method under Schedule XIV to the Companies
Act,1956. However during the year there is no depreciation being no
such assets at the end of the year.
c. FIXED ASSETS
Fixed Assets are stated at their Original cost of acquisition including
incidental expenses related to acquisition and installation of concern
assets. Fixed assets are shown net of accumulated depreciation.However,
at the end of the year there is no such assets.
d. Income from interest is accounted as and when accrued and dividend,
if any, as and when received.
Mar 31, 2010
A. METHOD OF ACCOUNTING
The books of account are maintained on accrual basis as going concern.
b. DEPRECIATION
Depreciation has been charged in accordance with the rate prescribed
under the straight line method under Schedule XIV to the Companies Act,
1956.
c. FIXED ASSETS
Fixed Assets are stated at their Original cost of acquisition including
incidental expenses related to acquisition and installation of concern
assets. Fixed assets are shown net of accumulated depreciation.
d. Income from interest is accounted as and when accrued and dividend
as and when received.
Mar 31, 2009
A. METHOD OF ACCOUNTING
The books of account are maintained on accrual basis as going concern.
b. DEPRECIATION
Depreciation has been charged in accordance with the rate prescribed
under the straight line method under Schedule XIV to the Companies Act,
1956.
C. FIXED ASSETS
Fixed Assets are stated at their Original cost of acquisition including
incidental expenses related to acquisition and installation-of concern
assets. Fixed assets are shown net of accumulated depreciation.
d. Income from interest is accounted as and when accrued and dividend
as and when received.