| 1. Contingent Liabilities not provided for:
Liabilities in respect of TDS, Income Tax and Service Tax has been
accounted for on the basis of respective returns filed with relevant
authorities. Additional demand, if any, arising at the time of
assessment is accounted for in the year in which the assessment is
completed.
2. In the opinion of the board of Directors of the Company, the current
assets, loans and advances, if realized in the ordinary course of
business, have a realizable value which is at least equal to the value
t which these are stated in accounts.
3. There was no employee employed for full year or part of the year who
was getting salary in excess of limit laid down under section 217(2A)
oftheCompaniesAct, 1956.
4. Related Party Disclosures
Disclosures issued by the Institute of Chartered Accountants of India
are given below:
Key Management Personnel Relationships
Bhavesh Makhwana Director
Deepak Rathod Director
Relatives of Key Management Personnel: NIL
5. Deferred Tax Liability: Nil
6. Income and Expenditurein Foreign Currency: Nil (Previous Year Nil)
7. Previous year's figures have been regrouped/rearranged wherever
considered necessary.
|