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1 (3.71%)| Notes to Accounts | Year End : Mar '12 |
Figures for the Figures for the
Current Year Previous Year
(B) Contingent Liabilities
not provided for :
(a) Claims against the
Company not acknowledged
as debts 16 23
(b) Bills Discounted 270 53
(c) Guarantees given by
Company''s Banker 212 177
(d) Disputed Sales Tax
Demands including
interest and penalty
under appeal 15 15
(e) Disputed Service Tax / Excise Matters 2 It is not practicable for
the Company to estimate the timings of cash outflows, if any, in
respect of the above pending resolutions of the respective proceedings.
i. The estimates of future salary increases considered in actuarial
valuation takes into account inflation, seniority, promotion and other
relevant factors.
a) Amount recognized as an expense in respect of Compensated Leave
Absences is Rs.13 Lacs (Previous Year Rs.18 Lacs)
b) Short Term payment of Leave Encashment amounting to Rs.9 Lacs
(Previous year Rs.10 Lacs) is charged to Employee Benefits Expense.
(A)The financial statements for the year ended March 31,2012 have been
prepared as per the Notification on Revised Schedule
ii. under the Companies Act, 1956 and accordingly, the previous year
figures have also been reclassified/regrouped to conform to this year''s
classification. |
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| Source : Dion Global Solutions Limited | |
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