1.  Contingent liabilities :
 
 (i) Bank Guarantees outstanding - Rs. 23,13,01,232/- (Previous year Rs.
 17,13,23,521/-) Counter Guarantee given by the Company of Rs.
 23,13,01,232/- (Previous year Rs. 17,13,23,521/-)
 
 (ii) During the F.Y. 2009-10, the Company had received a demand notice
 from Commercial Tax Department related to entry tax for Rs.
 1,79,68,605/- (including penalty). The Company has deposited 50% of the
 basic demand under protest i.e. Rs. 34,28,931/- during the F.Y.
 2010-11. Such type of cases are under litigation and pending before
 hon''ble Supreme Court and various High Courts for final decision.
 
 (iii) During the current financial year, the Company has received
 income tax demand notices for the A.Y. 2005-06 amounting to Rs.
 27,51,755/- and for the A.Y. 2008-09 of Rs. 53,46,940/-. The Company
 has deposited 50% of the said demands under protest. Against this
 demand an appeal is pending before the Commissioner of Income Tax
 (Appeals).
 
 (iv) During the financial year, the Company has also received a penalty
 order u/s 271(1)(c) of the Income Tax Act, 1961 amounting to Rs.
 8,50,287/- for the A.Y. 2005-06. Against this order an appeal has been
 filed before the Commissioner of Income Tax (Appeals).
 
 2.  Quantitative details : The Company is primarily engaged in the
 development and maintenance of Computer Software, Learning Solutions,
 Wind Power Generation and Treasury Operations. The operations of the
 software and learning solutions business and treasury operations of the
 Company cannot be expressed in any generic unit. Hence it is not
 possible to give the quantitative details of sales and certain other
 information required under paragraph 3, 4C and 4D of part II of
 Schedule VI to the Companies Act, 1956 in respect of such business.
 However in relation to Wind Power Generation segment, Quantitative
 details are stated below:
 
 3.  Managerial remuneration : A sum of Rs. 9,72,000/- (Previous year
 Rs. 9,35,800/-) was paid as remuneration to the Managing Director
 during the year ended on March 31,2011. No remuneration was paid to any
 other director during the year ended March 31, 2011, except sitting
 fees to Directors for attending the Board or Committee meetings.
 
 4.  Foreign exchange earnings and outgo :
 
 CIF value of Imports Rs. NIL (Previous year NIL)
 
 Other expenses incurred in foreign currency on manpower, administrative
 and marketing expenses – Rs. 2,50,505/- (Previous year Rs.
 1,13,59,665/-) FOB value of exports - Rs. 2,82,13,301/-. (Previous year
 Rs. 4,63,49,216/-)
 
 5.  Dues to Small-Scale Industrial Undertakings : The Company had no
 outstanding dues for more than Rs. 1,00,000/- to any Small-Scale
 Industrial Undertaking.
 
 6.  A provision for diminution in the value of long-term investments of
 Rs. 2,03,702/- for current year has been made whereas provision of
 diminution in value of current investment of Rs. 2,16,439/- related to
 previous year has been written back, as it is no longer required. The
 net effect of the above amount has been considered in the Profit and
 Loss Account.
 
 7.  The Income from wind power generation of Rs. 190.83 Lacs include
 Rs. 10.63 Lacs income from carbon credit.
 
 8. Related Party Disclosures :
 
 A.  List of Related Parties
 
 (i) Parties where control exists: Subsidiary Company:
 
 - ITneer Inc.
 
 - CSL Infomedia Pvt. Ltd.
 
 (ii) Other related parties with whom transactions have taken place
 during the year :
 
 (a) Associates & Joint Ventures :
 
 - Tekmark CSL Inter Solutions LLC
 
 (b) Key Management Personnel :
 
 - Mr. Surendra Kumar Surana, Managing Director
 
 - Mr. Ajay Kumar Surana, Director
 
 - Mr. Shubh Karan Surana, Director
 
 (c) Enterprises over which the key management personnel exercises
 Significant influence:
 
 - Rishab Infotech Private Limited
 
 - Sambhav Infotech Private Limited
 
 - Compucom Technologies Private Limited
 
 - Compucom Foundation
 
 - Compucom (India) Private Limited
 
 - Compucom Software Limited Employee Welfare Trust
 
 9. Segment reporting : The Company has three reportable segments
 through its three undertakings, Undertaking-A; Software and
 E-Governance Services, Undertaking-B; Learning Solutions and
 Undertaking C: Wind Power Generation from which it earns revenue and
 incurs expenses. Undertaking-A provides software development and
 maintenance services.  Undertaking-B provides Computer education and
 training services. Undertaking C generates Electricity through the use
 of Wind Power. Organizational structure of the Company, and also the
 process of performance measurement and making decisions of allocation
 of resources amongst these activities, supports these operations
 constituting distinct segments for reporting of financial information.
 Accordingly revenues and expenses are attributed and allocated to these
 three segments. Secondary segment reporting is performed on the basis
 of geographical location of customers.
 
 The segment accounting policies are the same as those described in the
 summary of significant accounting policies.  Identifiable revenues and
 expenses of each segment are directly attributed to the segment while
 non-identifiable expenses are allocated on the basis of use of
 particular resources in an undertaking. Certain expenses like
 depreciation, public charity, etc. are not specifically allocable to
 any particular segment. Management believes that it is not practicable
 to provide segment disclosures in relation to those expenses. Total of
 such expenses is separately disclosed as unallowable expenses.
 
 Fixed assets and liabilities are not identifiable between business
 segments as these are used interchangeably between them. Management
 believes that it is not practicable to provide segment disclosures of
 total assets and liabilities, except in the Wind Power Project in which
 total capital outlay is Rs.16.08 Crores.
 
 10. The previous year''s figures have been recasted/restated, wherever
 necessary, to confirm to the current year classification. In the F.Y.
 2009-10, the expense ''Misc. Deduction in ICT Project & RKCL'' was
 grouped under the head ''Administrative and other Expenses'', which has
 been correctly re-grouped under the head ''Learning Solution Execution
 Expenses'' in the F.Y. 2010-11.