CORPORATE INFORMATION
The Company is engaged in the business of survey and map making, Consultancy Services. These are the main Services rendered by the company. The place of business is F-24, First Floor, Pankaj Grand Plaza, Mayur Vihar 1, New Delhi, 110091 .The corporate office of the company is located at 429-430, 2nd Floor, block 2, Ganga Shopping Complex, Sector-29, Noida, 201303.
1 TAXES ON INCOME
Tax expense comprises current and deferred tax. Current income tax is measured at the amount expected to be paid to the tax authorities in accordance with the Income Tax Act, 1961 enacted in India. The tax rates and tax Laws used to compute the amounts are those that are enacted, at the reporting date. Deferred Taxes reflect the impact of timing differences between taxable income and accounting income originating during the current year and reversal of timing differences for the earlier years. Deferred tax is measured using the tax rates and the tax laws enacted at the reporting date.
Deferred Tax Asset/(Liability)
Deferred Tax Asset2,018,069.00
2 LIABILITIES AND CONTINGENT LIABILITIES
The company records a liability for any claims where a potential loss is probable and capable of being estimated and discloses such matters in its financial statements, if material. For potential losses that are considered possible, but not probable, the Company provides disclosure in the financial statements but does not record a liability in its accounts unless the loss becomes probable.
Contingent Liability is of Rs 5532825, Bank Guarantees had been issued for the Company.
3 DETAILS OF MICRO, MEDIUM & SMALL ENTERPRISES
The company has no due to micro and small enterprises on 31st March 2018
4 Earning per share :
The earnings considered in ascertaining the company EPS comprises the net profit after tax and includes the post-tax effect of any extra ordinary items. The number of shares used in computing basic EPS is the weighted average number of shares outstanding during the year.
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