Mar 31, 2014
1. Dues to Micro, Small and Medium Enterprises to the extent identified
- Rs.Nil (Previous Yr.-Nil).
No Interest has been paid / payable on such outstanding if any during
the year. (Previous Yr.-Nil).
2. Figures of previous period have been regrouped wherever necessary.
3. Related Parties Disclosure
Name of the Key Management Personnel
Mr.D.Sudhakara Reddy - Chairman and Managing Director
Managerial Remuneration Paid during the Year - Rs. Nil
4. Deferred Taxation
Deferred Tax resulting from timing difference that are temporary in
nature being the difference between the depreciation under Companies
Act. and Income Tax Act, has been made. As the depreciation under the
Companies Act is more than the one under Income Tax Act, Deferred Tax
Assets has been made and included with the existing deferred tax assets
in the Balance Sheet.
5. Provision for Taxation
Income Tax provision for the Current year has been made on the basis
that , all the outstanding dues as on Balance Sheet Date to be
remmitted before the filing of the Return of Income.
Mar 31, 2013
1 Dues to Micro, Small and Medium Enterprises to the extent identified
- Rs.Nil (Previous Yr.-Nil). No Interest has been paid/payable on such
outstanding if any during the year. (Previous Yr.-Nil).
2 Figures of previous period have been regrouped wherever necessary.
3 Related Parties Disclosure :-
Name of the Key Management Personnel
Mr.D.Sudhakara Reddy - Chairman and Managing Director
Managerial Remuneration Paid during the Year - Rs. Nil (Previous Yr.-
18,00,000/-)
4 Deferred Taxation
Deferred Tax resulting from timing difference that are temporary in
nature being the difference between the depreciation under Companies
Act. and Income Tax Act, has been made. As the depreciation under the
Companies Act is more than the one under Income Tax Act, Deferred Tax
Assets has been made and included with the existing deferred tax assets
in the Balance Sheet.
5 Provision for Taxation
Income Tax provision for the Current year has been made on the basis
that , all the outstanding dues as on Balance Sheet Date to be
remmitted before the filing of the Return of Income.
Mar 31, 2012
1 Deferred Tax Assets/Liabilities
Deferred income taxes are recognized for the future tax consequences
attributable for timing differences between the taxable income and
accounting income. The effect on deferred tax assets and liabilities of
a change in tax is recognized using the tax rates and tax laws that
have been enacted by the Balance Sheet date. Deferred tax assets are
recognized and carried forward only to the extent that there is a
reasonable certainty that sufficient future taxable income will be
available against which such deferred tax assets can be realized.
2 Employee Benefits:
The Company dont contribute to any Gratuity Fund for future payments of
gratuities to retiring employees.In the event of the eligible employees
leaving the service earlier at the same time the company have
recognised as gratuity expenses.
Mar 31, 2010
1 Dues to Micro, Small and Medium I;,nterprises to the extent
identified - Rs.Nil (Previous Yr.-Nil). No Interest has been
paid/payable on such outstanding if any during the year. (Previous
Yr.-Nil).
2 Figures of previous period have been regrouped wherever necessary.
3 Related Parties Disclosure :-
Name of the Key Management Personnel
Mr.D.Sudhakara Rcddy - Chairman and Managing Director
Managerial Remuneration Iaid during the Year- Rs.900,000/- (Previous
Yr.- 900,000/-)
4 Deferred , Taxation
Deferred Tax resulting from timing difference that are temporary in
nature being the difference between the depreciation under Companies
Act. And Income Tax Act, has been made. As the depreciation under the
Companies Act is less than the one under Income Tax Act, Deferred Tax ]
lability has been mad and adjusted against existing deferred tax assets
in the Balance Sheet.