1. The accounts are presented on accrual basis and in accordance with
the Accounting Standards specified in Sub (3c) of Sec 211 of the
Companies Act, 1956.
2. Fixed Assets are Stated at Cost.
3. Depreciation of Fixed Assets is provided in accordance with
Schedule XIV of the Companies Act, 1956, on the Written Down Value of
the individual Assets.
4. Development of Projects in Progress are valued at cost.
Mar 31, 2013
1 The accounts are presented on accrual basis and in accordance with
the Accounting Standards specified in Sub (3c) of Sec 211 of the
Companies Act, 1956.
2 Fixed Assets are Stated at Cost.
3 Depreciation of Fixed Assets is provided in accordance with Schedule
XTV of the Companies Act, 1956, on the Written Down Value of the
individual Assets.
4 Development of Projects in Progress are valued at cost.
Mar 31, 2010
1 The accounts arc presented on accrual basis and in accordance with
the Accounting Standards specified in Sub (3c) of Sec 211 of the
Companies Act, 1956.
2 Fixed Assets are Stated at Cost.
3 Depreciation of Fixed Assets is provided in accordance with Schedule
XIV of the Companies Act, 1956, on the Written Value of the individual
Assets.
4 Dividendment of Projects in Progress are valued at cost.
5 Margin Money Rs.23,69,250/- received from Shareholders has been
fotefeited and recognised as Other Income as the shareholders have
expressed their disinterest to pay the balance sum
and get the Inferential shares allotted in their favour.
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