Contingent Liabilities (not provided for) in respect of: (as certified by Management)
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S.No.
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Particulars
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Current Year
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Previous
Year
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1.
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Show cause / demand / notices by Income Tax authorities being disputed by the Company net
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NIL
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9.32
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2.
3.
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of payments
Show cause / demand / notices by Central Excise and Service Tax authorities being disputed by the Company
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565.06
15.99
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565.06
17.73
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4.
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Outstanding Bank Guarantees
Claims against the Company not acknowledged as debts
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390.66
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380.86
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In the opinion of the Board and to the best of their knowledge and belief, the value on realization of current assets, loans and advances in the ordinary course of business will not be less than the amount at which they are stated in the Balance Sheet except as shown doubtful and provision for all known liabilities, expenses and income have been made in the accounts unless stated otherwise in the notes.
Tiger Logistics India Limited & Its Subsidiary:
i) Company has no subsidiary as on 31st March 2023
ii) The Company is dealing in logistics solutions for both inbound and outbound cargo.
On the basis of data compiled by the Company, there are no small scale industrial undertakings to whom the Company owes any sum outstanding for more than 30 days.
The Company has taken office premises on cancellable operating lease. Lease Rents charged to Statement of Profit & Loss Rs. 49,40,858 (previous year Rs. 41,76,354). Since the leases are cancellable in nature.
b) Segment Capital employed
Fixed Assets used in the company's business or liabilities contracted have not been identified to any of the reportable segments, as the fixed assets and services are used interchangeably between segments. Accordingly, no disclosure relating to individual segment assets and liabilities has been made.
Previous year figures have also been regrouped/ rearranged, wherever necessary.
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