| 1. In compliance with the Accounting Standard - AS 22 relating to
"Accounting for Taxes on Income" issued by the Institute of Chartered
Accountants of India, the deferred tax asset has been created.
2. Employee Benefits: The Company is not adopting Accounting Standard
(AS) 15 - "Employee Benefit" and no provisions made in books of account
as the liability on account of gratuity as on 31.03.2011 is not
material.
3. Information pursuant to the provisions in part II of Schedule VI of
the Companies Act, 1956 - Expenditure on employees drawing remuneration
of Rs. 24 Lacs or more per annum when employed throughout the year or
Rs. 2,00,000/- or more per month when employed for part of the year -
Nil
4. As the Company is engaged in the development of software, it is
not possible to give the quantitative details.
5. Previous year's figures have been regrouped or restated wherever
necessary to conform to the current year's presentation.
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