(1) The Accounts are prepared on an accrual basis except otherwise
stated and under the historical cost conventions, and are in line with
the relevant laws as well as the guidelines prescribed by the
Department of Company affairs and the Institute of Chartered
Accountants of India.
Note: 1 Expenditure in foreign currency: Nil Note: 21 Incomes in
Foreign Currency : Nil
Note: 2 Balance of Sundry Debtors, Creditors, Loans & Advances given
and accepted as agreed by the management, is subject to confirmation.