1.1 General
 
 The financial statements of the Company have been prepared in
 accordance with the Generally Accepted Accounting Principles in India
 (Indian GAAP) to comply with the Accounting Standards notified under
 the Companies (Accounting Standards) Rules, 2006 (as amended) and the
 relevant provisions of the Companies Act, 1956. The financial
 statements have been prepared on accrual basis under the historical
 cost convention. The accounting policies adopted in the preparation of
 the financial statements are consistent with those followed in the
 previous year except as specifically stated otherwise.
 
 1.2 Use of Estimate
 
 The preparation of the financial statements in conformity with Indian
 GAAP requires the Management to make estimates and assumptions
 considered in the reported amounts of assets and liabilities (including
 contingent liabilities) and the reported income and expenses during the
 year. The Management believes that the estimates used in preparation of
 the financial statements are prudent and reasonable. Future results
 could differ due to these estimates and the differences between the
 actual results and the estimates are recognized in the periods in which
 the results are known / materialize.
 
 1.3 Revenue Recognition
 
 Revenue is recognized to the extent that it is probable that economic
 benefits will flow to the Company and the revenue can be reliably
 measured. The Following specific recognition criteria must also be met
 before revenue is recognized:-
 
 Professional Fees for rendering architecture service is recognized on
 completion of Service and as per the terms of the Arrangement.
 Brokerage Income is recognized on completion of service. The Company
 collects service tax on behalf of the Government and, therefore, it is
 not an economic benefit flowing to the Company. Hence, it is excluded
 from revenue.
 
 Profit on Sale of Investments is recognized on execution of transfer
 deed.
 
 Revenue from interest is recognized on a time proportion basis taking
 into account the amount outstanding and the rate applicable.
 
 1.4 Provisions and Contingencies
 
 A provision is recognized when the Company has a present obligation as
 a result of past events and it is probable that an outflow of resources
 will be required to settle the obligation in respect of which a
 reliable estimate can be made. Provisions (excluding retirement
 benefits) are not discounted to their present value and are determined
 based on the best estimate required to settle the obligation at the
 Balance Sheet date. These are reviewed at each Balance Sheet date and
 adjusted to reflect the current best estimates. Contingent liabilities
 are disclosed in the Notes.
 
 1.5 Investments
 
 Long-term investments are carried individually at cost less provision
 for diminution, other than temporary, in the value of such investments.
 
 1.6 Employee Benefits
 
 The Statutory enactments relating to payment of Provident Fund, ESIC
 and Gratuity to employees are not applicable to the company. The
 company does not have any scheme for retirement benefits for its
 employee and as such no provision towards retirement benefits to
 employees is considered necessary.  Short term employee benefits in the
 form of leave encashment and Bonus is provided on accrual basis.
 
 1.7 Cash and cash equivalents (for purposes of Cash Flow Statement)
 
 Cash and cash equivalents comprise cash and cash on deposit with banks
 and corporations.
 
 1.8 Cash Flow Statements
 
 Cash flows are reported using the indirect method, whereby profit /
 (loss) before extraordinary items and tax is adjusted for the effects
 of transactions of non-cash nature and any deferrals or accruals of
 past or future cash receipts or payments. The cash flows from
 operating, investing and financing activities of the Company are
 segregated based on the available information.
 
 1.9 Taxes on Income
 
 Current tax is the amount of tax payable on the taxable income for the
 year as determined in accordance with the provisions of the Income Tax
 Act, 1961.
 
 Minimum Alternate Tax (MAT) paid in accordance with the tax laws, which
 gives future economic benefits in the form of adjustment to future
 income tax liability, is considered as an asset if there is convincing
 evidence that the Company will pay normal income tax. Accordingly, MAT
 is recognized as an asset in the Balance Sheet when it is probable that
 future economic benefit associated with it will flow to the Company.
 
 Deferred tax is recognized on timing differences, being the differences
 between the taxable income and the accounting income that originate in
 one period and are capable of reversal in one or more subsequent
 periods.  Deferred tax is measured using the tax rates and the tax laws
 enacted or substantially enacted as at the reporting date. Deferred tax
 liabilities are recognized for all timing differences. Deferred tax
 assets in respect of unabsorbed depreciation and carry forward of
 losses are recognized only if there is virtual certainty that there
 will be sufficient future taxable income available to realise such
 assets. Deferred tax assets are recognized for timing differences of
 other items only to the extent that reasonable certainty exists that
 sufficient future taxable income will be available against which these
 can be realized. Deferred tax assets and liabilities are offset if such
 items relate to taxes on income levied by the same governing tax laws
 and the Company has a legally enforceable right for such set off.
 Deferred tax assets are reviewed at each Balance Sheet date for their
 reliability.
 
 1.10 Earning Per Share
 
 Basic earnings per share is calculated by dividing the net profit or
 loss for the period attributable to equity shareholders by the weighted
 average number of equity shares outstanding during the period.