Mar 31, 2014
FIXED ASSETS
Fixed Assets are stated at cost of acquisition, inclusive of inward
freight, duties and taxes and incidental expenses related to
acquisition.
DEPRECIATION
Depreciation is calculated on Fixed Assets on straight line method in
accordance with schedule XIV of the Companies Act, 1956.
INVENTORIES
Stock is Valued at cost. The closing stock of film produced is valued
at Actual Cost by allocating all direct expenses which are related to
the production. The fixed expenses under which the allocation was
necessary as per the management discretion is allocated to the
respective projection to arrive at its Actual cost of production.
The Work - in - Progress is valued accordingly as per the completion of
the projection. All expenses which can be related directly are all
Capitalized and added to the cost.
INVESTMENTS
Investments are valued at cost, any diminution in the value of
investments, if considered permanent, is provided for.
INCOME FROM INVESTMENTS / DEPOSITS
Income from investments / Deposits is credited to revenue in the year
in which it accrues expect Dividend which is accounted for on Cash
basis.
RECOGNITION OF INCOME & EXPENDITURE
All income and expenditure are accounted for on accrual basis.
Mar 31, 2013
FIXED ASSETS
Fixed Assets are stated at cost of acquisition, inclusive of inward
freight, duties and taxes and incidental expenses related to
acquisition.
DEPRECIATION
Depreciation is calculated on Fixed Assets on straight line method in
accordance with schedule XIV of the Companies Act, 1956.
INVENTORIES
Stock is Valued at cost. The closing stock of film produced is valued
at Actual Cost by allocating all direct expenses which are related to
the production. The fixed expenses under which the allocation was
necessary as per the management discretion is allocated to the
respective projection to arrive at its Actual cost of production
The Work  in  Progress is valued accordingly as per the completion of
the projection. All expenses which can be related directly are all
Capitalised and added to the cost.
INVESTMENTS
Investments are valued at cost, any diminution in the value of
investments, if considered permanent, is provided for.
INCOME FROM INVESTMENTS / DEPOSITS
Income from investments / Deposits is credited to revenue in the year
in which it accrues expect Dividend which is accounted for on Cash
basis.
RECOGNITION OF INCOME & EXPENDITURE
All income and expenditure are accounted for on accrual basis.
RETIRMENT BENEFITS
Provision for Payment of Gratuity Act, 1972 is not applicable and as
such no provision is made. Leave Encashment, if any, would be accounted
for as and when paid.
Mar 31, 2012
FIXED ASSETS
Fixed Assets are stated at cost of acquisition, inclusive of inward
freight, duties and taxes and incidental expenses related to
acquisition.
DEPRECIATION
Depreciation is calculated on Fixed Assets on straight line method in
accordance with schedule XIV of the Companies Act, 1956.
INVENTORIES
Stock is Valued at cost. The closing stock of film produced is valued
at Actual Cost by allocating all direct expenses which are related to
the production. The fixed expenses under which the allocation was
necessary as per the management discretion is allocated to the
respective projection to arrive at its Actual cost of production
The Work - in - Progress is valued accordingly as per the completion of
the projection. All expenses which can be related directly are all
Capitalised and added to the cost.
INVESTMENTS
Investments are valued at cost, any diminution in the value of
investments, if considered permanent, is provided for.
INCOME FROM INVESTMENTS / DEPOSITS
Income from investments / Deposits is credited to revenue in the year
in which it accrues expect Dividend which is accounted for on Cash
basis.
RECOGNITION OF INCOME & EXPENDITURE
All income and expenditure are accounted for on accrual basis.
RETIRMENT BENEFITS
Provision for Payment of Gratuity Act, 1972 is not applicable and as
such no provision is made. Leave Encashment, if any, would be accounted
for as and when paid.
Mar 31, 2011
FIXED ASSETS
Fixed Assets are stated at cost of acquisition, inclusive of inward
freight, duties and taxes and incidental expenses related to
acquisition.
DEPRECIATION
Depreciation is calculated on Fixed Assets on straight line method in
accordance with schedule XIV of the Companies Act, 1956.
INVENTORIES
Stock is Valued at cost. The closing stock of film produced is valued
at Actual Cost by allocating all direct expenses which are related to
the production. The fixed expenses under which the allocation was
necessary as per the management discretion is allocated to the
respective projection to arrive at its Actual cost of production
The Work à in à Progress is valued accordingly as per the completion of
the projection. All expenses which can be related directly are all
Capitalised and added to the cost.
INVESTMENTS
Investments are valued at cost, any diminution in the value of
investments, if considered permanent, is provided for.
INCOME FROM INVESTMENTS / DEPOSITS
Income from investments / Deposits is credited to revenue in the year
in which it accrues expect Dividend which is accounted for on Cash
basis.
RECOGNITION OF INCOME & EXPENDITURE
All income and expenditure are accounted for on accrual basis.
RETIRMENT BENEFITS
Provision for Payment of Gratuity Act, 1972 is not applicable and as
such no provision is made. Leave Encashment, if any, would be
accounted for as and when paid.
Mar 31, 2010
FIXED ASSETS
Fixed Assets are stated at cost of acquisition, inclusive of inward
freight, duties and taxes and incidental expenses related to
acquisition.
DEPRECIATION
Depreciation is calculated on Fixed Assets on straight line method in
accordance with schedule XIV of the Companies Act, 1956.
INVENTORIES
Stock is Valued at cost. The closing stock of film produced is valued
at Actual Cost by allocating all direct expenses which are related to
the production. The fixed expenses under which the allocation was
necessary as per the management discretion is allocated to the
respective projection to arrive at its Actual cost of production
The Work - in - Progress is valued accordingly as per the completion of
the projection. All expenses which can be related directly are all
Capitalised and added to the cost.
INVESTMENTS
Investments are valued at cost, any diminution in the value of
investments, if considered permanent, is provided for.
INCOME FROM INVESTMENTS/DEPOSITS
Income from investments / Deposits is credited to revenue in the year
in which it accrues expect Dividend which is accounted for on Cash
basis.
RECOGNITION OF INCOME & EXPENDITURE
All income and expenditure are accounted for on accrual basis.
RETIRMENT BENEFITS
Provision for Payment of Gratuity Act, 1972 is not applicable and as
such no provision is made. Leave Encashment, if any, would be
accounted for as and when paid.
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