Mar 31, 2014
1 NATURE OF OPERATION
The company''s operation is share trading and investment in shares and
mutual funds.
2. (a) There is no variation or change in the issued, subcribed and
fully paid up equity share capital structure during the year
.Therefore, no separate disclosure of reconciliation of the number
of equity shares oustanding as at the beginning and at the end of the
year is required.
(b) The Company has issued only one class of shares referred to as
equity shares having nominal value of Rs. 10/-. The holder of equity
shares are entitled to one vote per share.
3. Deferred Tax Liability/Assets have not been provided in the books of
accounts as per Accounting Standards AS-22 on Accounting for Taxes on
Income issued by the Institute of Chartered Accountants of India
4. Previous year figures have been regrouped and/or rearranged wherever
necessary to make them comparable with current year figures.
Figures in brackets indicate figures of previous year.
The Companyis exclusively in the business of Trading and Investing in
Shares and Mutual Funds which in the contest of AS 17 on Segment
Reporting constitutes a single reportable segment.
As per the management there are no related party transactions. Hence
disclosure regarding related party transactions is not given.
Mar 31, 2013
1 NATURE OF OPERATION
The company''s operation is share trading and investment in shares and
mutual funds.
2 Previous year figures have been regrouped and/or rearranged wherever
necessary to make them comparable with current year figures.
3 Figures in brackets indicate figures of previous year.
4 The Companyis exclusively in the business of Trading and Investing in
Shares and Mutual Funds which in the contest of AS 17 on Segment
Reporting constitutes a single reportable segment.
Mar 31, 2010
1. All borrowing costs are charged to Profit & Loss a/c, since they
are not directly atributable to acquisition, construction or production
of qualifying assets.
2. The Company has not provided for deferred tax liability on account
of current year depreciation on fixed assets. Deferred tax assets are
recognised only if there is a reasonable certainty that sufficient
future taxable income will be available against which they can be
realised.