-3.45 (-1.68%)| Notes to Accounts | Year End : Mar '11 |
1. Previous years figures have been re-grouped and re-arranged
wherever considered necessary.
2. There was no amount due as on March 31, 2011 as reported to us
from/to Micro, small & Medium Enterprises as per MSMED Act, 2006
3. Deferred Tax :
Components of deferred tax liabilities is provided by applying the
applicable rate of tax to the taxable income of the year. As per
Accounting Standard 22 on Taxes on Income-the company has a deferred
tax liability of Rs. NIL (Previous year Rs. 19,843.00)
4. Segment Reporting
As the company operates in only one business and operates only in one
geographical segment i.e. domestic, the disclosure requirements under
Accounting Standard 17-Segment Reporting is not required.
5. Related Parties disclosures
There are following transaction as reported with any key management
persons and with any of the Enterprises owned and controlled by Key
management persons.
Nature of Relationship Name
i) Key Management Person Mr. Pratik Jain
Mr. Sanjay Minda
6. As per managements view none of the current employees shall
complete their term of service of five years, hence actuarial valuation
of gratuity is not done.
7. There is no outstanding dues of micro and small enterprises
suppliers as defined under The Micro, Small and Medium Enterprises
Development Act, 2006.
8. Previous years figures have been regrouped / reclassified /
rearranged / recast wherever necessary to match with current years
presentation.
9. Quantitative details - N.A. |
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| Source : Dion Global Solutions Limited | |
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