Mar 31, 2013
1) RELATED PARY TRANSACTIONS:
There are no transactions during the year with any of the related
parties, to be disclosed in accordance with the Accounting Standard
AS-18: "Related Party Disclosures" issued by The Institute of Chartered
Accountants of India.
2) EARNING PER SHARE:
In determining earnings - per share, the Company considers the net
profit after tax and includes the post tax effect of any
extra-ordinary/exceptional item. The number of shares used in computing
basic earnings per share is the weighted average number of shares
outstanding during the period. The number of shares used in computing
diluted earnings per share comprises the weighted average shares
considered for deriving basic earnings per share, and also the weighted
average number of equity shares that could have been issued on the
conversion of all dilutive potential equity shares.
3) There was no expenditure on employees who are in receipt of
remuneration in excess of the amounts prescribed under Sec. 217(2A) of
the Companies Act, 1956.
4) There was no consumption of imported raw materials, components or
spare parts during the year.
5) There was no expenditure in foreign currency during the year.
6) There were no earnings in foreign currency.
7) Previous Year''s Figures are regrouped wherever necessary
8) Paises are rounded off to the nearest rupee.
Mar 31, 2012
1) The difference between the net profit as shown in the Profit & Loss
Account and the net income as per the Income Tax Act, 1961 not being
substantial, no deferred tax asset has been recognized for the year.
2) There was no expenditure on employees who are in receipt of
remuneration in excess of the amounts prescribed under Sec. 217(2A) of
the Companies Act, 1956.
3) There was no consumption of imported raw materials, components or
spare parts during the year.
4) There was no expenditure in foreign currency during the year.
5) There were no earnings in foreign currency.
6) Previous Year's Figures are regrouped wherever necessary
7) Paises are rounded off to the nearest rupee.
Mar 31, 2011
01. PROVISION FOR NON-PERFORMING ASSETS :
In pursuance to the Non-Banking Financial Companies Prudential Norms
(Reserve Bank) Directions, 1998 Provision for NPAs amounting to Rs.3.62
lakhs was reversed during the year 2010-11.
02. TRANSFER TO RESERVE FUND :
An amount of Rs.0.96 Lakhs is transfrred to Reserve Fund in accordance
with the provisions of Section 45(I)C of the RBI Act, 1934, for the
current year.
03. The difference between the net profit as shown in the Profit &
Loss Account and the net income as per the Income Tax Act, 1961 not
being substantial, no deferred tax asset has been recognized for the
year.
04. There was no expenditure on employees who are in receipt of
remuneration in excess of the amounts prescribed under Sec.217(2A) of
the Companies Act, 1956.
05. There was no consumption of imported raw materials, components or
spare parts during the year.
06. There was no expenditure in foreign currency during the year.
07. There were no earnings in foreign currency.
08. Previous Year's Figures are regrouped wherever necessary.
09. Paises are rounded off to the nearest rupee.
Mar 31, 2010
01. CONTINGENT LIABILITIES :
There are no contingent liabilities.
02. The Balances on account of Lease, Hire Purchase, Other Debtors and
Sundry Creditors are subject to confirmation. There are no dues to any
SSI as on 31.03.2010.
03. MANAGERIAL REMUNERATION
No Remuneration is paid to the Managing Director.
04. PROVISION FOR NON-PERFORMING ASSETS :
In pursuance to the Non-Banking Financial Companies Prudential Norms
(Reserve Bank) Directions, 1998 Provision for NPAs amounting to Rs.1.61
lakhs was reversed during the year 2009-10.
05. TRANSFER TO RESERVE FUND :
An amount of Rs.0.61 Lakhs is transfrred to Reserve Fund in accordance
with the provisions of Section 45(I)C of the RBI Act, 1934, for the
current year.
06. The difference between the net profit as shown in the Profit &
Loss Account and the net income as per the Income Tax Act, 1961 not
being substantial, no deferred tax asset has been recognized for the
year.
07. There was no expenditure on employees who are in receipt of
remuneration in excess of the amounts prescribed under Sec.217(2A) of
the Companies Act, 1956.
08. There was no consumption of imported raw materials, components or
spare parts during the year.
09. There was no expenditure in foreign currency during the year.
10. There were no earnings in foreign currency.
11. Previous Years Figures are regrouped wherever necessary.
12. Paises are rounded off to the nearest rupee.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article