(A) Basis of Accounting : The financial statements are prepared on
 accrual basis and are in accordance with the historical cost
 convention.
 
 (B) Revenue Recognition : Sales are accounted for on dispatch of goods
 to the customers and arc net of sahRs.s and returns.  Other income is
 accounted for on Accrual Basis.
 
 (C) Fixed Assets : Fixed Assets are tarried at cost less depreciation.
 The cost of assets includes original cost plus other incidental
 expenses incurred up to the date of installation / acquisition,
 
 (D) Depreciation : Depreciation, is provided under Straight line
 inethod at the rates specified under schedule- XIV to the Companies
 Act-l9b6 Dn single shift basis working as certified by Director,
 Depreciation on additions / deletions tD / from fixed assets made
 during the year is provided on pro-rata basis From/upta the date of
 such addition / deletion as the case may be.
 
 (E) Inventories : The Company does not hoLd any physical inventory as
 on 31* March, 2012.
 
 (F) Treatment of Miscellaneous Expenditure : Preliminary Expenses are
 being written off over a period of 5 Years.
 
 (G) Taxation : The current Income tax charged is determined in
 accordance with the relevant tax regulations applicable to the Company.
 Deterred tax charged or credit are recognized for the future tax
 consequences attributable to timing difference that result between the
 profit offered For Income taxes and the profit as per financial
 statements. The deferred tax charged or credit and tie co:respcnding
 deferred tax liabilities or assets are recognized using the tax rates
 thai have been enacted ot substantively enacted by the Balance Sheet
 date. Defened tax assets are recogni7ed only to the extent there is
 reasonable certainty that the assets can be realized in the future;
 however when there is a brought Forward Loss or unabsorbed depreciation
 under taxation iaws, deferred tax assets are recognized only if theie
 is virtual icrtainty of realization of such asset. Deferred tax asset
 are reviewed as at each Balance Sheet date and written down or written
 up Lo reflect the amount that is reasonably/ virtu ally certain to be
 reaLized.
 
 The Company off-sets, on a year to year basis, the current tax assets
 and Liabilities, where it has legally enforceable right and where it
 intends to settle such assets and liabilities Dn a net basis.
 
 (II) Employees'' Benefit
 
 Gratuity: Gratuity is a defined benefit scheme and is accrued based on
 actuarial valuation at the Balance Sheet date :arried out by
 independent actuary, [he Company has an employee gratuity fund. Actual
 gains and losses are charged to Profit and Loss account.
 
 Provident Fund: As the Strength ol the employees doesn''t exceed the
 prescribed limit under the Provident fund, company has not deducted and
 paid any provident fund amount.
 
 Leave Encashment: The Company is not having any policy for payment of
 Leave Encashment so no provision for the same has been made.
 
 (I) Investment : Long term Investments are valued at cost of
 acquisition and related expenses. Provision is made for diminution, if
 any, in the vaLue oF such investment.
 
 (J) 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 items, the number Df equity shares used in
 computing hasis earnings per share is the weighted average number of
 equity shares outstanding during the year, ihe number of equity shares
 used in computing diluted earnings per share comprises weighted average
 number of equity share considered for deriving basic earning per share
 and also weighted average number of equity shares which could have been
 issued on the conversion of all dilutive potential equity share.
 
 (K) Lease : Asset which is subject to operating lease is shown under
 fixed assets in the balance sheet. Lease income from operating leases
 is recognized in the statement of profit and loss on a straight Line
 basis over lease term. Costs including depreciation, incurred in
 earning the lease income are recognized as expense. Initial direct
 costs incurred specifically to earn revenues from an operating leave
 are expensed during the period- ic 
 
 L) Other Accounting Policies : These are consistent with generally 
 accepted accounting practices.