1. PRESENTATION AND DISCLOSURE FINANCIAL STATEMENTS
The financial statements have been prepared on an accrual basis and
under historical cost convention and in compliance, in all material
aspects with the applicable accounting principles in india, the
applicable accounting standards notified in Section 133 of the
Companies Act, 2013.
All the assets and liabilities have been classified as current and
non-current as per the company's normal operating cycle and other
criteria set out in schedule 111 to the Companies Act 2013. Based on
nature of products and the time between the acquisition of assets
processing and their realization in cash & cash equivalent, the company
has ascertain its operating cycle to be 12 months for the purpose of
current-non current classification of assets and liabilities.
Previous year's figures have regrouped & reclassifies wherever is
necessary.
2.There are no information available with the management, regarding
the supplier covered by Micro, Small & Medium Enterprises Under Micro,
Small and Medium Enterprises Development Act, 2006.
3. As of 31st March, 2015, it could not be verified whether the
Company had any outstanding dues to Micro, Small & Medium Enterprises
for sum ofRs.l lakh for more than 30 days.
4. Amounts include dues towards I DS Liability. Taxes outstanding as
on 31.03.2015 which is subsequently paid before due date of tiling the
return of incom
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