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BSE Prices delayed by 5 minutes... << Prices as on Jun 13, 2025 >>  ABB India  5996.85 [ -0.59% ] ACC  1847.35 [ -1.00% ] Ambuja Cements  543.25 [ -0.92% ] Asian Paints Ltd.  2215.3 [ -0.12% ] Axis Bank Ltd.  1205.95 [ -0.56% ] Bajaj Auto  8463.8 [ -1.20% ] Bank of Baroda  239.1 [ -0.83% ] Bharti Airtel  1842.15 [ -0.10% ] Bharat Heavy Ele  253.55 [ -0.14% ] Bharat Petroleum  312.65 [ -1.90% ] Britannia Ind.  5569.45 [ -0.01% ] Cipla  1505.4 [ 0.22% ] Coal India  391.35 [ -0.32% ] Colgate Palm.  2373.75 [ -1.26% ] Dabur India  466.65 [ -1.31% ] DLF Ltd.  851.8 [ 0.48% ] Dr. Reddy's Labs  1361.45 [ -0.12% ] GAIL (India)  191.4 [ -0.42% ] Grasim Inds.  2664.95 [ -0.87% ] HCL Technologies  1694.85 [ -0.43% ] HDFC Bank  1917.25 [ -1.27% ] Hero MotoCorp  4330.55 [ -0.70% ] Hindustan Unilever L  2319.1 [ -0.65% ] Hindalco Indus.  641.55 [ -1.45% ] ICICI Bank  1416.2 [ -0.64% ] Indian Hotels Co  733.25 [ -1.46% ] IndusInd Bank  816.55 [ -1.59% ] Infosys L  1601.55 [ -0.36% ] ITC Ltd.  413.9 [ -1.67% ] Jindal St & Pwr  920.7 [ -1.99% ] Kotak Mahindra Bank  2110.8 [ -0.71% ] L&T  3588.25 [ -0.43% ] Lupin Ltd.  2000.35 [ -1.08% ] Mahi. & Mahi  3006 [ -0.39% ] Maruti Suzuki India  12411.45 [ 0.24% ] MTNL  52.08 [ -4.32% ] Nestle India  2376.5 [ -0.45% ] NIIT Ltd.  134.1 [ -1.58% ] NMDC Ltd.  70.38 [ -2.80% ] NTPC  332 [ -0.43% ] ONGC  251.4 [ 1.45% ] Punj. NationlBak  106.55 [ -1.39% ] Power Grid Corpo  285.7 [ -1.07% ] Reliance Inds.  1427.65 [ -0.83% ] SBI  792.4 [ -1.64% ] Vedanta  457.8 [ -0.51% ] Shipping Corpn.  226.5 [ 9.74% ] Sun Pharma.  1688.7 [ 0.10% ] Tata Chemicals  925.2 [ -0.77% ] Tata Consumer Produc  1078.45 [ -0.52% ] Tata Motors  712.05 [ -0.41% ] Tata Steel  152.2 [ -0.43% ] Tata Power Co.  397.35 [ -1.06% ] Tata Consultancy  3447.1 [ 0.38% ] Tech Mahindra  1658.95 [ 0.93% ] UltraTech Cement  11220.7 [ -0.83% ] United Spirits  1452.15 [ -2.22% ] Wipro  260.2 [ 0.29% ] Zee Entertainment En  137.35 [ 2.08% ] 
Turner Industries Ltd. Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) 0.26 Cr. P/BV 0.00 Book Value (Rs.) 0.40
52 Week High/Low (Rs.) 1/1 FV/ML 10/100 P/E(X) 0.00
Bookclosure 30/09/2024 EPS (Rs.) 0.00 Div Yield (%) 0.00
Year End :2024-03 

2.14 Provisions and contingencies

Provisionsinvolving asubstantialdegreeofestimation inmeasurementarerecognisedwhenthereisapresentobligation asaresultofpasteventsandit is
probablethattherewill beanoutflow ofresources.Provision isnotdiscountedtoitspresentvalueandisdetermined basedonthebestestimaterequired to
settleanobligation at the year end.Thesearereviewed every year end and adjusted to reflect the bestcurrent estimate.Contingent liabilities arenot
recognised but are disclosed in the financial statements. Contingent assets are neither recognised nor disclosed in the financial statements.

Aprovision isrecognisedwhenthereisapresentobligation asaresultofapastevent,thatprobably requiresanoutflow ofresourcesandareliableestimate
canbemadetosettletheamountofobligation. Provisionisnotdiscountedtoitspresentvalueandisdetermined basedonthelastestimaterequired tosettle
theobligation attheyearend.Thesearereviewed ateachyearendandadjustedtoreflectthebestcurrent estimate.Contingent liabilities arenot recognised
but disclosed in the financial statements. Contingent assets are neither recognised nor disclosed in the financial statements.

During thefinancial year2020-2021,thecompanyhadpaid Rs.13,10,000(10°%f1.31Crores)asDepositfor ServiceTaxDemandagainstcompany,basedon

the judgement the liability may or may not arise.The payment of Rs.13,10,000 had been accounted under Current Assets -Deposit

 
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