| Note 1:
Related Party Transactions
a) Related Parties and their Relationship:
Name of Related Party Relationship
Tikmani Corporation Associate Concern
Rajendra Enterprise Associate Concern
Rishi Tikmani Key Management Personnel
Rajendra Tikmani Key Management Personnel
Pooja Tikmani Key Management Personnel
Vimlaji Tikmani Relative of Key Mgt.Personnel
Anuja Tikmani Relative of Key Mgt.Personnel
Note 2:
Contingent Liabilities
Particulars Year ended Year ended
31.03.2015 31.03.2014
Demand of Income
Tax Raised by
the authorities 904,509 904,509
disputed and not
acknowledged as due
Total 904,509 904,509
Note 3:
Segment Reporting :
Since the company has only one segment, there is no separate reportable
segment as required in AS-17 issued by the ICAI.
Note 4:
The company had not received any intimation from suppliers
regarding their status under the Micro, Small & Medium Enterprise Act,
2006, and hence disclosures, if any, relating to amounts unpaid as the
year end together with interest paid of payable as required under said
Act, have not been given.
Note 5:
In the opinion of the Board, the Current Assets, Loans and
Advances are approximately of the value stated, if realized, in the
ordinary course of business. Provision for all known liabilities is
adequate and not in excess of the amount reasonably necessary.
Note 6:
Previous year figures have been regrouped/reclassified to confirm
with current year disclosures.
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