| 1. Related Party Disclosures:
Related party Disclosure, as required by Accounting Standard (AS-18)
"Related Party Disclosure" issued by the ICAI are given below :
The company has identified all the related parties having transactions
during the year, as per details given below: -
(i) List of Related Parties:
(a) Individual exercising control or significant influence:
DIRECTORS
Mr.Ashok Doshi
Mr.Devendra Sharma
Dr. Sudhir Doshi
Mr. O.P. Jain
Mr. M.P. Dhruv
(ii) In respect of the outstanding balance recoverable as at 31st March
2014, no provision for doubtful debts is required to be made. During
the year, there were no amounts written off or written back from such
related parties.
2. Provisions for Taxation:
Provision for Income Tax was made as per of income tax act after
deducting carry forward losses.
3. The figures of the previous year have been regrouped / rearranged
wherever necessary to make them comparable with the current year's
figures.
4. Figures have been rounded off to the nearest Rupee.
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