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Moneycontrol.com India | Notes to Account > Media & Entertainment > Notes to Account from Vision Cinemas - BSE: 526441, NSE: N.A
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Vision Cinemas

BSE: 526441|ISIN: INE515B01025|SECTOR: Media & Entertainment
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Vision Cinemas is not listed on NSE
Mar 15
Notes to Accounts Year End : Mar '16
1. Other Current Assets:
 
 There is also an outstanding balance to the tune of Rs.69000834 /-
 (Previous year Rs. 65 7 544 4 3/-) due from Pyramid Entertainment India
 Private Limited, a subsidiary of the company. The Managements has a
 perception that above amount is recoverable and ensures that the same
 need not be written off,
 
 2. In view of Brought forward losses under provisions of Income Tax
 Act,1961 and also under the provisions of section 115JBof the Income
 Tax Act,1961 no provision has been made for taxes for the previous
 financial year.
 
 3. RELATED PARTY TRANSACTIONS
 
 Name of the Related Party Relationship
 
 Ranga Vasanth Key Managerial Personnel
 
 Anitha Vasanth Key Managerial Personnel
 
 M/s Pyramid Entertainment India Private Limited Wholly owned Subsidiary
 
 M/s Vasanth Color Laboratories India Limited Other Related Parties
 
 M/s SI Media LLP Other Related Parties
 
 M/s Visual Communication Services, Partnership firm Other Related
 Parties
Source : Dion Global Solutions Limited
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