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Moneycontrol.com India | Notes to Account > Plastics > Notes to Account from Suryodaya Plastics - BSE: 530753, NSE: N.A
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Suryodaya Plastics
BSE: 530753|ISIN: INE998B01015|SECTOR: Plastics
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Suryodaya Plastics is not traded in the last 30 days
Suryodaya Plastics is not listed on NSE
« Mar 11
Notes to Accounts Year End : Mar '12
A.  CONTINGENT LIABILITIES NOT PROVIDED FOR IN RESPECT OF : 
 
 1.  There is no contingent liability.  
 
 NOTE 1
 
 1.  In the opinion of the Management, the Current Assets, Loans and
 Advances have a value on realisation in the ordinary course of
 business, at least equal to the amount at which they are stated in the
 Balance sheet. The provision for depreciation and other known
 liabilities is adequate and not in excess of what is required.
 
 2.  In terms of Accounting Standard 22, Accounting for Taxes on
 Income issued by the Institute of Chartered Accountants of India, the
 Deferred Tax Assets have not been created in the accounts for the year
 ended on 31st March, 2012 as the Company considers that there is no
 reasonable certainty of sufficient future taxable income being
 available against which such Deferred Tax Assets can be 
 realized/utilized.
 
 B.  Previous year''s figures have been regrouped and restated wherever
 necessary to confirm to the East year''s Classification and figures
 shown in brackets are pertaining to previous year.
Source : Dion Global Solutions Limited
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