| I. OTHER NOTES ON FINANCIAL STATEMENTS
1. Figures of the previous year has been re-grouped/re-arranged and
recanted wherever considered necessary to conform to current year's
grouping and classification.
2. The Company is a Small & Medium Size Company as defined in the
General Instruction in respect of Accounting Standard notified under
the Companies Act, 1956. Accordingly, the. Company has complied with the
Accounting Standards as applicable to a Small &\ Medium Size Company.
3. A. RELATED PARTY DISCLOSURE
Disclosures as required by the Accounting Standard 18 "Related Party
Disclosures" issued by the Institute of Chartered Accountants of India.
a. Relationship are given below :- Directors:-
(1) Mr. Alok Kumar Purohit, (2) Mr. Manish Dalmia, (3) Mr. Ram Narayan
Upadhyay,
(4) Mr. Raju Singh, (5) Mrs. Sunitha Gupta (From 24.03.2015)
4. DEFERRED TAX ASSETS/LIABILITIES:
In accordance with A.S.22-"Accounting for Taxes on Income" issued by
the I. C.A.I., the Company has accounted for deferred tax during the
year. The Company has no amount of carried forward loss/unabsorbed
depreciation under the Income Tax Act at the year end and hence there
is no deferred tax asset. It has recognized and accounted for deferred
tax liability only.
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