2010-2011           2009-2010
                                        RUPEES              RUPEES
 
 1. Contingent Liabilities:
 
 a)  Claims against Company not
 Acknowledged as debts.                      -                   -
 
 * cannot be ascertained for want of adequate
 record
 
 2 Taxes on Income:
 
 The Company provides tax liability on the basis of current tax and
 deferred tax. Since company has loss for the year and being a sick
 company and having unabsorbed depreciation and other available
 deductions, the Company is not liable for Income Tax as well as Tax on
 profit under section 115 JB of the Income Tax Act, 1961 . Therefore, no
 provision for current tax liability has been made.
 
 As regards deferred tax, no asset has been recognized because of
 uncertainty of its realization.
 
 3 Necessary provisions for revenue and expenses have been made in the
 accounts on the basis of the available record and estimate of the
 management.
 
 4 Sick Company :
 
 The Company has become a ''sick industrial company'' within the meaning
 of provisions of Section 3 (1) (o) of Sick Industrial Companies
 (Special Provisions) Act, 1985.
 
 5.  Related Party Disclosure:
 
 Related Party Disclosures as required under Accounting Standard on
 Related Party Disclosures issued by the Institute of Chartered
 Accountants of India are given below:
 
 6 Figures for previous year have been regrouped wherever considered
 necessary and practicable.