1. Method of Accounting:
 
 The Financial statements are prepared as a going concern under
 historical cost convention on an accrual basis except those with
 significant uncertainty and in accordance with the companies Act, 1956.
 Accounting policies not stated explicitly otherwise are consistent with
 generally accepted.
 
 2. Revenue Recognition:
 
 Sales includes revenue generated from sale of Software, Hardware
 Products, sale of scrap, sales of outsource products, sales tax and
 service income from membership & subscription of domain and space
 booking.
 
 3. Fixed Assets:
 
 Fixed Assets are stated at cost (inclusive of leased assets) less
 accumulated Depreciation. Expenditure included on improvement or
 replacement, which in the opinion of the management is likely to
 substantially increase the life of assets and future benefits from it,
 is capitalized.
 
 4. Depreciation:
 
 Depreciation is charged on Straight Line basis at rates specified in
 Schedule XIV of the Companies Act, 1956.  Depreciation on
 addition/Deletion or Discarded Fixed Assets during the year is charged
 on monthly pro rata basis.
 
 5. Investment:
 
 Our Investments are Long Term investment, quoted and valued at cost.
 
 6. Inventories:
 
 The inventories of outsourced products are valued at cost or net
 realizable value whichever is lower on FIFO method.
 
 7. Retirement Benefits:
 
 Contribution to provident fund is accounted on actual liability basis.
 The Liabilities of gratuity and Leave Encashment as shown in the book
 of account are valued by the management.
 
 8. Miscellaneous Expenditure:
 
 Preliminary and share issue expenses including fee for increase in
 authorized capital are written-off at the amounts as admissible under
 income tax Act, 1961.
 
 9. Foreign Currency Conversion:
 
 Foreign Currency transactions are recorded at the exchange rate
 prevailing on the date of the transaction. Assets and Liabilities
 related to foreign currency transactions remaining unsettled are valued
 at the exchange rate in operation at the year end. The exchange
 difference arising on foreign currency transactions are recognized in
 the Profit and Loss Account.
 
 10. Income Tax:
 
 Provision for current Income Tax is made after considering company''s
 claims under the Income Tax Act; 1961. This liability is calculated at
 the applicable tax rate on MAT u/s 115JB of the IT Act, 1961 as the
 case may be.
 
 Deferred Tax is accounted by computing the tax effect of timing
 differences which arrears during the year and reverse in subsequent
 periods.
 
 11. Impairment of Assets:
 
 An asset is treated as impaired when the carrying cost of assets
 exceeds its recoverable value. An impairment loss is charged to the
 Profit and Loss Account in the year in which an asset is identified as
 impaired. The impairment loss recognized in prior accounting period is
 reversed if there has been a change in the estimate of recoverable
 amount.