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Moneycontrol.com India | Notes to Account > Textiles - Hosiery/Knitwear > Notes to Account from Cethar Industries - BSE: 531473, NSE: N.A
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Cethar Industries
BSE: 531473|SECTOR: Textiles - Hosiery/Knitwear
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Cethar Industries is not traded in the last 30 days
Cethar Industries is not listed on NSE
« Mar 11
Notes to Accounts Year End : Mar '12
01.  Figures have been rounded off to the nearest rupee.
 
 02.  Figures of previous year have been re-grouped and rearranged
 wherever necessary to conform to those of current year''s
 classification.
 
 03.  No Depreciation provided for the year under report as there were
 no fixed assets left with the company as on 31-3-2012.
 
 04.  No provision for Income Tax have been made in the books since the
 company had incurred losses in earlier years'' which were eligible for
 carry forward and set off.
 
 05.  Capacity of Production '' Raw Material Consumed and Sales:
 
 As the textile business was closed down the capacity of production is
 not applicable. No stocks are left with.
 
 06.  Number of persons employed throughout the financial year who were
 in receipt of remuneration which in aggregate was not less than
 Rs.24''00''000 for the year.
 
 07.  No commission was paid to the Managing Director. No sitting fees
 was paid to Directors
 
 08.  Payment to Statutory Auditors : Audit fees Rs25''000/-
 
 09.  Contingent Liabilities:
 
 a) Counter Guarantee to Bankers in respect of Guarantee Given by the
 Bankers Rs.1.64 lakhs.  (Previous year Rs.23''70''096/-)
 
 b) Customers Bills discounted with Bankers Rs. 0.00 lakhs.  ( Previous
 year Rs.0.00 lakhs)
 
 10.  Earnings per share : : Negative
 
 11.  The information as required to be disclosed under the Micro''
 Small and Medium Enterprises Development Act'' 2006 has been determined
 to the extent such parties have been identified on the basis of
 information available with the company. Based on this information''
 there are no Micro'' Small and Medium Enterprises to whom the company
 owes dues'' which are outstanding for more than 45 days as at 31st
 March'' 2012.
 
 12.  Accounting for Taxes on Income
 
 As there was uncertainty that sufficient future taxable income will be
 available'' no deferred tax asset had been created.
Source : Dion Global Solutions Limited
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