|
1. Contingent Liabilities : --- NIL --- --- NIL ---
2. Earnings Per Share (As per AS - 20) --- NIL --- --- NIL ---
v. Taxes on Income
In terms of Accounting Standard 22 on "Accounting for Taxes on Income"
as notified by the Companies (accounting standard) Rules, 2006 the
Company has recognized Deferred Tax Assets Rs. NIL/- for the year ended
31st March, 2015 in the Profit & Loss A/c.
The accumulated balance in Net Deferred Tax Liability/ (Assets)
comprises of:-
3. No Dividend declared in the current year.
4. Disclosure under Micro, Small and Medium Enterprises Development
Act, 2006 (MSMED ACT, 2006)
As required to be disclosed under Micro, Small & Medium Enterprises
Development Act, 2006 and to the extent such parties are identified on
the basis of information available with the Company, there are no Micro
enterprises or Small Scale enterprises to whom the Company owes any due
which are outstanding for more than 45 days as at 31st March 2015
5. In the opinion of the board any of the current assets, Loan and
Advances etc. have value on realization in ordinary course of business
at least equal to the amounts at which they are stated.
6. Previous year's figures have been regrouped, rearranged and recast
wherever found necessary.
7. Books of Accounts of the Company have been prepared on the basis
of details of Corporate Office branch only. Head office (Jaipur)
accounts Details were not available with the directors of the company,
Hence Head office Account balance has been shown as per last audited
statements.
8. The Accumulated Losses of the company as at end of the financial
year have resulted in erosion of more than fifty per cent of its net
worth.
|