1. Previous years figures have been suitably rearranged or regrouped
where found necessary.
2. Depreciation has not been charged as there is no fixed assets.
3. No Provision has been made for diminution in the value of quoted
investments.
4. Provision for Income Tax has been made as per the Income Tax Act,
1961.
5. Liabilities for Income Tax for assessment year 1997-98 and 1998-99
amounting to Rs. 12,40,951 has not been provided for in accounts as the
matter is under appeal.
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