1. The Company has carried forward Long term capital loss available
for set-off against the future profits under the Income Tax Act, 1961.
Considering the nature of business, viz. uncertainty regarding
generation of sufficient future income for set off against the said
carry forwards, net deferred tax assets at the year end including
related credit for the year have not been recognised in these accounts
on prudent basis.
2. Fixed Assets taken on Finance Lease on which future obligations
towards lease rentals under the lease agreements as on 31st March, 2015
amount to Rs. Nil (Previous year Rs. Nil)
3. Previous year figures have been reclassified and/or regrouped
and/or rearranged wherever necessary to make them comparable with
current year figures.
|