1.  Accounting convention & concepts
 
 The financial statements are prepared under the historical cost
 convention on accrual basis in accordance with the Indian Generally
 Accepted Accounting Principles (IGAAP) comprising the Accounting
 standards Notified under Companies Accounting Standards Rules 2006 by
 the Central Government of India under section 211(3C) of the Companies
 Act 1956, Various pronouncements of the Institute of Chartered
 Accountants of India and the provisions of the Companies Act, 1956 and
 guidelines issued by the Securities Exchange Board of India (SEBI).
 
 Accounting policies have been consistently applied except where a newly
 issued Accounting Standard is initially adopted or a revision to an
 existing Accounting Standard requires a change in the Accounting policy
 hitherto in use.
 
 2.  Use of Estimates
 
 The preparation of financial statements in conformity with IGAAP
 requires management to make estimates and assumptions that affect the
 reported amount of assets, liabilities, revenues and expenses and
 disclosure of contingent liabilities on the date of financial
 statements. Examples of such estimates and assumptions include useful
 lives of fixed assets and Intangible assets, taxes, provision for
 doubtful debts, anticipated obligations under employee retirement
 plans, etc.  The recognition, measurement, classification or
 disclosures of an item or information in the financial statements have
 been made relying on these estimates to a greater extent. Actual
 results could differ from those estimates
 
 3.  Revenue Recognition
 
 Income from Medical Transcription, Coding and Billing and collection
 are recognised as income on completion of the service. Interest Income
 is recognized based on time proportion and on gross basis.
 
 4.  Fixed Assets
 
 Fixed assets are stated at cost less accumulated depreciation. Cost
 includes all identifiable expenditure to bring the assets to its
 present location and condition for intended use.
 
 Intangible assets are stated at the consideration paid for the purchase
 /acquisition less accumulated amortization.
 
 Capital work in progress includes advances paid for acquiring fixed
 assets and cost of assets not ready for use before the balance sheet
 date.
 
 5.  Depreciation
 
 Depreciation on Fixed Assets has been provided on written down value
 method at the rates specified in Schedule XIV of the Companies Act,
 1956. Depreciation on addition/deletion of assets during the year is
 provided on a pro-rata basis.
 
 6.  Investments
 
 Investments are valued at cost of acquisition and include brokerage
 fees and incidental expenses, wherever applicable. Investments are
 classified as long term and are carried at cost with an appropriate
 provision of permanent diminution in value.  Investments made in the
 wholly owned subsidiaries are valued at cost of acquisition including
 the acquisition expenses relating to it.
 
 7.  Taxation
 
 Provision for current tax is based on tax liability computed in
 accordance with relevant tax rates and tax laws. Provision for deferred
 tax is made for all timing differences arising between taxable incomes
 and accounting Income at rates that have enacted or substantively
 enacted as of the balance sheet date. Deferred tax assets are
 recognized only if there is a reasonable certainty that they will be
 realized in future.
 
 8.  Foreign Exchange Transaction
 
 Transactions in Foreign Currency are converted at the rates prevailing
 on the date of the transaction.  Monetary assets and liabilities ( for
 eg. Cash, receivables, payables etc.) denominated in foreign currency
 are translated into Indian Rupees at the rate of exchange prevailing at
 the balance sheet date.
 
 Gain/loss on realization/Payment of revenue transactions in the same
 year is charged to Exchange Fluctuation Account in the Profit & Loss
 Account.
 
 9.  Impairment
 
 The carrying amounts of assets are reviewed at each balance sheet date
 to check any indication of impairment based on internal/external
 factors.  Impairment Loss is recognised whenever the carrying amount of
 an asset is in excess of its recoverable amount. The Impairment Loss is
 recognised as an expense in the Statement of Profit and Loss and
 carrying amount of the asset is reduced to its recoverable value.
 
 10.  Deferred Revenue Expenditure
 
 Amount paid for the purchase of contracts relating to the medical
 transcription billing and coding have been amortized and shall be
 written off over a period of 3 years being the period of contract.
 
 11.  Provision for Contingent Liabilities and Contingent Assets
 
 The Company recognises a provision when there is a present obligation
 as a result of a past event that probably requires outflow of
 resources, which can be reliably estimated. Disclosures for contingent
 liability is made, without a provision in books, when there is an
 obligation that may, but probably will not (in the opinion of the
 management), require outflow of resources.  Contingent Assets are
 neither recognised nor disclosed in the financial statements.
 
 12.  Earning per Share (EPS)
 
 The earning considered in ascertaining the Company''s EPS comprises the
 net profit after tax.  The number of shares used in computing Basic EPS
 is the weighted average number of shares outstanding during the year
 duly adjusted for additional shares issued during the year, if any.
 
 The number of shares used in computing diluted EPS comprises the
 weighted average number of equity shares considered for deriving basic
 EPS, and also the weighted average number of equity shares that could
 have been issued on the conversion of all dilutive potential equity
 shares.