| 1. As per Accounting Standard (AS) 17 on "Segment Reporting"
Since the Company operates in a single Segment i. e. "P.V.C. film",
Accounting Standard (AS) 17" Segment Reporting" issued by the Institute
of Chartered Accountants on India is not applicable.
2. Previous year figures have been regrouped where ever necessary.
3. Sundry debtors, Creditors and Loans and Advances are shown as
appearing in the accounts and same are subject to confirmation.
4. Installed production capacity is are per certified by the directors
and has not been verified by Auditors, this being technical matter.
5. Director's Remuneration :
Salary to Managing Director 194994.00 (194994.00)
6. Income Tax Provision :
(a) Income tax provision has been made at applicable rate.
7. Since the Company operates in a single Segments i.e. "P.V.C. Film",
Accounting Standard (AS) 17 "Segment Reporting" issued by the Institute
of Chartered Accountants of India is not applicable.
8. Salary & Wages included salary to managing Director 194994.00
(194994.00)
9. Foreign Exchange Transactions :
Foreign Exchange transactions are accounted for at the rates prevailing
on the day of transactions and the difference on the actual realisation
through bank is transferred to foreign exchange difference account. The
amount outstanding, if any, as at 31.03.2014 is translated at the rate
as on that day.
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