I.  AS-1 Disclosures of Accounting Policies
 
 Basis of accounting
 
 The financial statements have been prepared under the historical cost
 convention in accordance with the accounting standards issued by the
 Institute of Chartered Accountants of India and the provisions of the
 Companies Act, 1956.
 
 The preparation of the accounts, in conformity with generally accepted
 principles, requires that the management of the company makes
 estimates, and assumption that affect the reported amounts of income &
 expenses of the period, reported balance of assets & liabilities &
 disclosure relating to contingent assets & liabilities as of that date
 of the accounts.
 
 All Significant items of income and expenditure are accounted on
 accrual basis except for claims/refunds which are not ascertainable
 with reasonable accuracy, are accounted on cash basis.
 
 II.  AS-3 Cash flow Statement
 
 Cash flows are reported using the indirect method, whereby net profit
 before tax is adjusted for the effects of transactions of a non-cash
 nature and any deferrals or accruals of past or future cash receipts or
 payments. The cash flows from regular revenue generating, investing and
 financing activities of the company are segregated.
 
 III.  AS-5 Net Profit / (Loss) for the period, prior period items and
 changes in accounting policies
 
 All items of income & expenses, which are recognized in a period, are
 included in the determination of net profit or loss for the period.
 This includes items and the effect of changes in accounting estimates.
 
 The net profit or loss for the period comprises the following
 components, each of which is disclosed on the face of the statement of
 profit and loss:
 
 (a) Profit or loss from ordinary activities; and
 
 (b) Extra-ordinary items.
 
 IV.  AS-6 Depreciation Accounting
 
 Depreciation on fixed assets is provided on the written down value of
 the assets at the rates prescribed under Schedule XIV of The Companies
 Act, 1956.
 
 Depreciation on addition to fixed assets is provided pro-rata from the
 date of capitalization. Depreciation on sale/deduction from fixed
 assets is provided for up to the date of sale, deduction or discernment
 as the case may be.
 
 Assets costing Rs. 5,000/- or below are depreciated in full in year of
 its acquisition.
 
 
 V.       AS-9 Revenue recognition
 
 a.  Sales of goods are recognized on dispatch to customers and are
 recorded net of trade discount.
 
 b.  Annual maintenance charges are accounted on pro-rata basis over the
 period of contract.
 
 c.  Service income is recognized on the completion of service.
 
 d.  Dividend is recorded when right to receive the same is established.
 
 e.  Reimbursement expected in respect of expenditure required to
 ascertain a provision is recognized only when it is virtually certain
 that the reimbursement will be received.
 
 VI.  AS-10 Fixed Assets
 
 Fixed Assets are stated at historical cost, less accumulated
 depreciation.
 
 Historical cost includes original cost of acquisition or revaluation
 cost and incidental expenses related to such acquisition and
 installation.
 
 VII.  AS-11 Effects of changes in Foreign Exchange Rates
 
 The Company has recorded the transactions denominated in foreign
 currency at the exchange rate prevailing at the date of the
 transaction.
 
 Monetary items denominated in foreign currencies at the year-end are
 translated at the exchange rates prevailing on the date of the balance
 sheet.
 
 Any income or expense on account of exchange differences either on
 settlement or on translation of transactions other than those in
 relation to fixed assets is recognized in the profit and loss account.
 
 VIII.  AS-13 Investments
 
 Trade investments are the investments made to enhance the company''s
 business interest. Investments are either classified as current or long
 term based on the managements intention at the time of purchase.
 Current investments are carried at the lower of cost and fair value.
 Long term investments are carried at cost and provisions recorded to
 recognize any decline, other than temporary, in the carrying value of
 each investment.
 
 Cost includes original cost of acquisition, brokerage and stamp duty.
 
 IX.  AS-15 Employee''s Benefits
 
 From 31st March, 2008 all the employees of the company have resigned,
 hence no provisions, except those actually payable, are made in the
 books of accounts towards retirement benefits of employees.
 
 X.  AS-17 Segment Reporting
 
 The Company has only one business segment namely trading in electronic
 equipment, as a result segment wise income and expenditure and
 particulars of Assets and Liabilities is not applicable.
 
 
 XI.       AS-18 Related Party Disclosure
 
 Disclosure in respect of related party transaction pursuant to
 Accounting Standard 18 issued by The Institute of Chartered Accountants
 of India for the year ended.
 
 List of Related Parties Subsidiary DEL-Automation Pvt. Ltd (Till March
 11,2012) Group entities Soften Systems Pvt. Ltd.  UniDEL Advisors Pvt.
 Ltd.  Shasa Systems Pvt. Ltd.  Spring Consultants Kimasu Investments
 Sumaki Investments Ruby Enterprise Diamond Enterprise Emerald
 Enterprise Saphire Enterprise Key Management Personnel (KMP) Mr.
 Kishore R. Dalai, Chairman Mr. Sunil K. Dalai, Managing Director
 
 XII.  AS-20 Earning Per Share:
 
 In determining earning per share, the company considers the net profit
 after tax and includes the post tax effect of any extra
 ordinary/exceptional item. The number of shares used in computing basic
 earning per share is the weighted average number of shares outstanding
 during the period. The number of shares used in computing diluted
 earnings per share comprises the weighted average shares consider for
 deriving basic earning per share, and also the weighted average number
 of equity shares that could have been issued on the conversion of all
 diluted potential equity shares. The diluted potential equity shares
 are adjusted for the proceeds receivable, had the shares been actually
 issued at fair value (i.e. the average market value of outstanding
 shares). Diluted potential equity shares are deemed converted as of the
 beginning of the period, unless issued at the latter date. The number
 of shares and potentially diluted equity shares are adjusted for any
 stock splits and bonus shares issues affected prior to the approval of
 the financial statements by the board of directors.
 
 XIII.  AS- 22 Deferred Tax Assets / (Liability):
 
 Income Taxes are computed using the tax effect accounting network were
 taxes are accrued in the same period the related revenue and expenses
 arise. A provision is made for income tax annually based on the tax
 liability completed, after considering tax allowance and exemptions.
 Provisions are recorded when it is estimated that a liability due to
 disallowances or other matter is probable.
 
 The differences that result between the profit considered for income
 taxes and the profit as per financial statement are identified, and
 there after a deferred tax Assets or deferred tax liability is recorded
 for timing differences, namely the differences that originate in one
 accounting period and reverse in another, based on the tax effect of
 the aggregate amount being consider. The tax effect is calculated on
 the accumulated timing differences at the end of an accounting period
 based on prevailing enacted or substantially enacted regulations.
 Deferred tax assets are recognized only if there is reasonable
 certainty that they will be realized and reviewed for the
 appropriateness of their respective carrying values at each balance
 sheet date. Tax benefit of deductions earned on exercise of employee
 stock option in excess of compensation charge to the profit and loss
 account is credited to the share premium account.
 
 
 XIV.        AS - 28 Impairment of Assets:
 
 The management periodically accesses, using internal sources, whether
 there is an indication that an asset may be impaired. An impairment
 occurs where the carrying value exceed the present value of future cash
 flows expected to arise from the continuing use of assets and its
 eventual disposal. The impairment loss to be expensed is determined as
 the excess of carrying amount over the higher of the assets net sales
 price or present value as determined above.
 
 XV.  AS - 29 Provision, Contingent Liability and Contingent Assets:
 
 Provision are recognized for liabilities that can be measured only by
 using a substantial degree of estimation if,
 
 a.  The company has a present obligation as a result of past events
 
 b.  The probable outflow of resources is expected to settle the
 obligation
 
 c.  The amount of obligation can be reliably estimated.
 
 Contingent liability is disclosed in case of
 
 a.  Present obligation arising out of past event, when it is not
 probable that an outflow of resources will be required to settle
 obligation.
 
 b.  A possible obligation, when the probability of outflow of resources
 is remote Contingent liability not provided for:
 
 (i) Bank guarantee given Rs 360,000/- (previous year Rs 360,000/-)
 
 (ii) Disputed arrears towards society maintenance Rs.10.52 Lacs
 (previous year Rs 9.42 lacs)
 
 (iii) Contracts remaining to be executed on capital and current account
 and not provided for Nil (Previous Year Nil).  (iv) Liabilities to Encad
 Inc. for suit filed against company for compensation. Amount is unascertainable.
 
 Contingent assets are neither recognized nor disclosed. Provisions,
 contingent liabilities and contingent assets are reviewed on each
 balance sheet date.