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Krishna Lifestyle Technologies

BSE: 514221|NSE: SHREEKRPOL|ISIN: INE218A01028|SECTOR: Textiles - Hosiery & Knitwear
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Krishna Lifestyle Technologies is not traded in the last 30 days
« Mar 14
Notes to Accounts Year End : Mar '15
 1. Provision for current tax is made on the basis of estimated taxable
 income for the current accounting year in accordance with the Income
 Tax Act, 1961.
 
 2.  There is no payment due to small scale industries.
 
 3.  Deferred tax Assets / Liabilities has been provided in a accordance
 with the Accounting Standard-22 - Accounting for taxes on income
 issued by the ICAI applicable with effect from 1st April 2001.The
 Deferred tax Assets/ (Liabilities) as on 31st March, 2015 amounting to
 3985.57 Lacs is the tax on the difference between the book depreciation
 and tax depreciation.
 
 4.  Current Assets, Loans & Advances are approximately of the value
 stated, if realized in the ordinary course of business.
 
 5.  The figures of the previous year are regrouped / rearranged
 whenever necessary to correspond with current year figure.
 
 6.  1.  AS-18 Related Party Disclosure: Nil
 
 2.  Other parties with whom the company has entered into transaction
 during the year.
 
 i) Associates where key management personnel and their relatives have
 significant influence;- Nil
 
 ii) Key Management Personnel:- Shivpratap Sitaram Jolly (Managing
 Director)
 
 iii) Relative of Key Management Personnel:- Nil
 
 7. Contingent Liabilities and Commitments (to the extent not provided
 for) :
 
                                                             (Rs.in Lacs)
 
 Particular                           As at 31st           As at 31st
                                      March 2015           March 2014
 
 (i) Contingent Liabilities :
 
 (a)  Claims against the company
 not acknowledge as debt
 
 (b)  Guarantees
 
 (i) Bank Guarantee
 
 (ii) Corporate Guarantee Given :
 
 (c ) Other money for which the
 company is contingently liable :       12895.00           12895.00
 
                          b                 20               550.00
Source : Dion Global Solutions Limited
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