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1.05 (2.17%)| Notes to Accounts | Year End : Mar '12 |
a. There is no amounts due and outstanding to be credited to Investor Education and Protection Fund under section 205C of The Companies Act,1956 as at year end. a. Fixed deposit with banks includes deposits of Rs. 1 Lac (Previous Year Rs. 1 Lac) with maturing of more than 12 months. Fixed deposit with banks also includes deposit of Rs. 3 Lacs (Previous Year 3 Lacs) marked as Margin for Letter of Credit. 1. Segment Reporting As per the definition of Reportable Segment in accordance with Accounting Standard-17 Segment Reporting issued by the Institute of Chartered Accountants of India, the Company has only one reportable segment i.e. Chemicals, hence separate disclosure for segment reporting is not applicable to the Company. 2. Contingent Liabilities and Commitments Commitments - Estimated amount net of advance payments for contract remaining to be executed on capital account and not provided for is Rs.2,68,12,391/- (Previous year Rs.38,82,411/-) - Disputed Income Tax demand of Rs.3,38,980/-. 3. Previous years figures In view of revision to the Schedule VI issued by Ministry of Corporate Affairs(MCA), the financial statements for the financial year ended 31st March,2012 have been prepared as per the requirements of the Revised Schedule VI.The previous year figures have been accordingly regrouped / re-classified to confirm to the current year''s classification. |
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| Source : Dion Global Solutions Limited | |
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