Company in the preparation and presentation of the Accounts:-
 
 Fixed Ass ED s ASS re stated at that historical cost. All cost relating
 to acquisition and installation of Fixed Assets circulars issued by the
 Departmentof leompany Affairs.
 
 b) Depreciation on Assets acquired during the period is provided on
 pro-rata basis with reference to the date of addition/disposal.
 Transation in C fore rencies are recorded at the
 exchange rates prevailing at the date of transactions. The resulting
 gain/loss is recognised in the profit and loss account. There are no
 such Inventor RIES used at lower of cost or net realisable value.
 
 II) REVENUE RECOGNITION
 
 a) Revenue from sales of Goods/shares and services rendered is
 recognised upon passage of title and rendering of services to the
 customers.
 
 b) Insurance and other claims, to the extent considered recoverable,
 are accounted for in the year of claim.
 
 c) Interest on loans & advances accounts are provided at the rate
 mutually decided orally between the parties. If there is no certainty
 of recovery of loans & advances the interest thereon is not
 
 d) The e amount of Bad & Doubt full written off from loans & advances
 accounts is on the basis of capacity of parties for repayment or
 tentative decision of court cases.
 
 III) CASH FLOW
 
 The cash flow statement is prepared as per method prescribed in
 accounting Standard- (AS)-3.
 
 IV) CONTINGENT LIABILITIES
 
 Contingent liabilities as defined in accounting Standard (AS)-29 are
 disclosed by way of notes to the accounts, ifany.
 
 V) EARNING PER SHARE
 
 The Company reports Basic and Diluted Earnings per Share (EPS) in
 accordance with Accounting Standard-20 issued by the Institute of
 Chartered Accountants of India.  The Basic EPS has been computed
 
 The Company report in outgoing only Trading Hardware and Software
 Business. Misc. income includes interest on Loans and Advances accounts
 Accordingly it has been disclosed separately in the Profit & Loss
 accounts as business activities as prescribed under Accounting
 Standared-17.