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Blue Diamond Securities
BSE: 531073|ISIN: INE454C01017|SECTOR: Finance - General
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Blue Diamond Securities is not traded in the last 30 days
Blue Diamond Securities is not listed on NSE
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Accounting Policy Year : Mar '02
The Company has follow mercantile system of accounting.
 
 1. DEPRECIATION:
 
 Income and Expenditure are recognised on accrual basis. The
 Depreciation has been provided on written down value method in
 accordance with the rates provided under schedule XIV (as per fixation
 dated 16.12.93) of the Companies Act, 1956.
 
 2. INVENTORIES:
 
 The closing stock has been valued at cost.
 
 3. INVESTMENT:
 
 Investments are stated at cost.
 
 4. GRATUITY:
 
 Provision for the Gratuity has been made since the gratuity Act does
 not applicable to the Company.
 
 Expenditure incurred on employees who were in receipt of remuneration
 aggregating to (I) Rs. 6,00,000/- for the year and (ii) Rs. 50,000/-
 per month if employed for part of year: Nil (Nil).
 
 5. MISCELLANEOUS EXPENDITURE
 
 The Preliminary expenses has been written off over a period at ten
 years. During the year of 1/10th has been written off.
Source : Dion Global Solutions Limited
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