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24 B
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Notes To Accounts
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(Rs.in Lakhs)
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i
(a)
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Contingent liabilities / Commitments
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31st March, 2025 31st March, 2024
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(i)
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The Co. has not acknowledged the Income Tax demand of Rs. 3.17 Crore for the Asst Year 2011-12 and preferred an appeal before CIT(A) Mumbai. Out of this amount Rs. 9604642 ajusted by the department
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317.15
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317.15
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(ii)
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The Co. has not acknowledged the Income Tax demand of Rs. 3.17 Crore for the Asst Year 2014-15 and preferred an writ in High Court
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317.49
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317.49
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(iii)
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The Co. has not acknowledged the Income Tax demand of Rs. 2.71 Crore for the Asst Year 2015-16 and preferred an writ in High Court
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271.84
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(iv)
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The Co. has not acknowledged the Income Tax demand of Rs. 3.58 Crore for the Asst Year 2016-17 and preferred an writ in High Court
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358.61
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358.61
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(v)
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The Co. has not acknowledged the Income Tax demand of Rs.0.52 Crore for the Asst Year 2020-21 and preferred an appeal before ITAT Mumbai.
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52.96
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52.96
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(vi)
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The Co. has not acknowledged the Income Tax demand of Rs.1.78 Crore for the Asst Year 2021-22 and preferred an appeal before ITAT Mumbai.
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178.60
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178.60
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Other additional information required as per Schedule III of the Companies Act,2013 is either Nil or Not Appliacble to the Company during the year.
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ii Balance of Debtors & Creditors and loans & Advances are subject to confirmation & Reconciliation.
vi
The above information regarding Micro, Small And Medium Enterprises has been determined to the extent such parties have been indentified on the basis of the information available with the company.This has been relied upon by the Auditor.
vii Segment Reporting
During the year the company operated in single business segment of trading business in India.
viii Previous Years figures have been regrouped/reclassified wherever found necessary to confirm with the current years classification.
Note : Variance in Ratios due to variations in business volume and activity during the year. Ratios for previous year have been recalculated on the basis of different parameters in order to compare with current year ratios.
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