1. Related Party Disclosures:
(A) List of related parties (Where transactions have taken place)
i. Ker Managerial Personnel & their Relatives
S. NO. NAME RELATION
1 Raj Kumar Modi Managing Director
2 Rekha Modi Director
ii. Enterprise over which Key Management person and his relatives
exercise significant influence
S.No. Name
1 RRP Management Services Pvt. Ltd.
2 Prabhat Management Services Pvt. Ltd.
(C) Related parties are identified by the management & relied upon by
the Auditor.
(D) No balance in respect of related parties have been written off.
2. Documents of Car No. DL 3C BA 2675 of the company are in the name
of Sh. Raj Kumar Modi Managing Director of the company.
3. Provision for tax is made for both Current and Deferred Taxes.
Provision for current Income Tax is made on the current tax rates based
on assessable income. The Company has provided for deferred tax in
accordance with AS-22.
4. Balance due to / from some of the parties are subject to
confirmation.
5. Previous year's figures are re-classified, re-grouped, re-arranged
where is necessary.
6. Payment of Dividend
Dividend is paid under three modes viz:
(a) National Electronic Clearing Services (NECS)
(b) National Electronic Fund Transfer (NEFT)
(c) Physical dispatch of Dividend Warrants
|