| 1 Liability for payment of gratuity is not required to be made since
the provisions of Payment of Gratuity Act does not apply to this
Company.
2 Land, Factory Shed, Machineries and all Fixed Assets situated in
Behala Factory remain comprehensively charged in parripassu with West
Bengal Industrial Development Corpn. Ltd. and West Bengal Financal
Corpn. with second charge in favour of United Bank of India.
3 Segment Reporting :
The operating activities of the company during the year comprised of
earning of rent, interest, dividend and all transactions were within
India. These activities are carried on by the same organisational
structure and entire activities are located in India.
4 Deferred Tax Accounting :
Tax liability arising under Minimum Alternate Tax (MAT) method gives
rise to Deferred Tax Asset of about 0.32 Lacs but in view of concept of
prudence and in absence of virtual certainty of earning profit,
Deferred Tax Asset has not been recognised.
5 The Company has no amounts due to supliers under the Micro, Small &
Medium Enterprises as defined under the Micro, Small & Medium
Enterprises Development Act, 2006 (MSMED) as at 31.03.2014. Hence no
additional disclosure have been made. The information regarding Micro,
Small and Medium Enterprises has been determined to the extent such
parties have been identified on the basis of information received by
the Company.
6 Previous years' figures have been reclassified to conform to this
years classification, wherever necessary.
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