| 1. The SSI Status of the Creditors is not known to the company; hence
the information is not given.
2. SECURED LOANS AND OTHERS: There are secured loans from State Bank of
India and Unse- cured Loans from from Directors.
3. Sundry Creditors, Sundry Debtors, Loans & Advances and Unsecured
Loans have been taken at their book value subject to confirmation and
reconciliation
Audit Fees* 50,000.00 50,000.00
Service Tax 6,180.00 6,180.00
Total 56,180.00 56,180.00
Note: * Excludes Service Tax
5. In accordance with Accounting Standard 22 (AS 22) issued by the
ICAI, the Company has ac- counted for deferred income tax Asset during
the year of Rs 67,894.19
6. Loans and Advances are considered good in respect of which company
does not hold any security other than the personal guarantee of
persons.
7. Excise duty has not been taken into account for valuation of
finished goods.
|