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NOTES TO ACCOUNTS

You can view the entire text of Notes to accounts of the company for the latest year
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Year End :2010-03 
1. Contingent Liabilities in respect of

Estimated amount of Contracts remaining to be executed on Capital Account are NIL.

2. In the opinion of the Board of Directors, the value on realisation of Current Assets, Loans and Advances in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet.

3. In the opinion of the Board of Directors, the income-tax demand created on account of Block assessment of the company shall get deleted in to-to after the judgement in appeals as the same is created on presumptions only.

4. Information with regard to other matters specified in clause 3(ii)(a), 3(iii), 3(X), 4(C) and 4(D) of Schedule VI to the Companies Act, 1956 have not been given to the extent that they are either nil or not applicable to the company.

5. Figure of the previous year have been regrouped/rearranged/ -recasted wherever necessary.

Notes to the Cash Flow Statement for the year ended 31st March,2010:-

1. The above Cash Flow Statement has been prepared under the Indirect Method as set out in Accounting Statement-3 on Cash Flow Statements issued by the Institute of Chartered Accountants of India.

2. The figures of the previous year are regrouped wherever considered necessary.

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