1 Contingent Liability not provided for;
 
 i) In respect of guarantees and counter guarantees outstanding Rs.
 62,00,000/- (PreviousyearRs. 48,00,000-)
 
 ii) Estimated amount of Contracts remaining to be executed on capital
 account and not provided for Rs. 5,47,63,800/- (Previous year Rs.
 45,63,B95A).
 
 2.  Employee benefits of short term nature comprisihg leave and medical
 benefits are recognized as expense as and when it accrues. Employee
 benefits of long term nature comprising gratuity is accounted for on
 cash basis. Actuarial valuation for gratuity liability as on 31st
 March, 2010 amounts to Rs. 20,54,879/- (previous year Rs 20,64,1067)
 remains unprovided in accounts in accordance with past practice
 
 3.  No provision for has been made for diminution in the value of Long
 Term Investments of Rs 10,13,650/-, (Previous year Rs. 10,13,650/-)
 required as per Accounting Standard AS-13 in respect of 13400 Equity
 Shares of M/s Incab Industries Ltd., whose market realisable value
 according to last available quotation on The Calcutta Stock Exchange
 was Rs. 53,600/-. The said Company has been declared as Sick Company
 and has gone to BIFR.
 
 5. No provision has been made in respect of Sundry Debtors doubtful of
 recovery Rs. 6,37,905/- (Previous year Rs. 6,46,018/-) though
 adequately covered by reserves of the Company.
 
 6.  Other advance under Current Assets include Rs.
 1,00,68,731/-{Previous year Rs.1,26,83,790/-) being hire purchase
 charges in relation to interest on future instalments for purchase of
 vehicles under installment payment arrangements.
 
 7.  No interest Income has been recognised for the year on Unsecured
 Loan of Rs. 78,734/- (Previous year Rs.8,28,734/-) due from M/s. Kanoi
 Plantation Pvt. Ltd. in view of legal pro- ceedings which are pending
 in the Honble Kolkata High Court far recovery of the said amount.
 
 8.  Fixed Deposits with Banks include Rs. 13,86,225/- [previous year Rs
 13, 32, 669/-) being deposits under lien with bank as margin money
 against non-funded credit facilities.
 
 9 Expenditure on foreign travel Rs 5,17,916/- (Previous years Rs
 2,42,932/-) includes expenditure in foreign currency Rs. 3,87.092/-
 (previous year Rs. 73,125/-)
 
 10.  The Provisions of Accounting Standard AS-17 on Segment Reporting
 issued by the Institute of Chartered Accountants of India is not
 applicable as the Company fall under a single segment viz. Logistic.
 
 11.  Disclosure pursuant to Accounting Standard AS-18 on Related Party
 Disclosure issued by the Institute of Chartered Accountants of India :
 
 Related Parties
 
 a) Where ControJ Busts
 
 b) Associates & Joint Ventures
 
 c) Key Management Personnel
 
 N.A.
 
 1.  Shri Kanhafya Kumar Todi
 
 2.  Shrl Sushil Kumar Todi
 
 3.  Shrl Ashok Kumar Todi
 
 A.  Shri Udit Todi
 
 d) Relatives of Key Management Personnel
 
 N.A
 
 [e) Other Related Parties
 
 N.A.
 
 12. Previous year figures have been regrouped/rearranged wherever
 necessary