Note:-TAXES ON INCOME

(a) Current tax is determined on the basis of the amount of tax payable on taxable income for the year.

(b) In accordance with Accounting Standard 22 - "Accounting for Taxes on Income", issued by the institute of Chartered Accountants of India, amount of the deferred tax for timing differences between the book and tax profits for the year is accounted for using the tax rates and laws that have been enacted or substantively enacted as of the balance sheet date.

Deferred tax assets arising from temporary timing differences are recognized to the extent there is reasonable certaintythat the assets can be realized in future.

31. Previous year figures has been regrouped wherever necessary.

32. Figures have been rounded off to nearest Lakhs.

33. Compliance with number of layers of companies: - The Company does not have any Subsidiary Company

34. Registration of charges or satisfaction with Registrar of Companies - There is no charge created by the Company

35. Relationship with Struck off Companies: Not Applicable

36. Wilful Defaulter : The Company has not been declared as Wilful Defaulter by any Bank or Financial Institutions or Government or any Govt. Authority

37. Details of Benami Property held : No proceedings have been initiated during the year or are pending against the Company as at March 31, 2023 for holding any Benami Property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder.

38 Capital WIP : Not Applicable

39. Intangible assets under development: Not Applicable