Mar 31, 2010
A. BASIS OF ACCOUNTING :
The financial statements are prepared under the historical cost
convention and are in accordance with the requirements of the Companies
Act, 1956 and accepted accounting standards.
B. REVENUE RECOGNITION :
Accounts are maintained on accrual basis.
C. EXPENDITURE :
Expenses are accounted on accrual basis.
D. INVESTMENT :
Investments are stated at cost.
E. MISCELLANEOUS EXPENDITURE :
Preliminary Expenses and Public Issue Expenses are written off in equal
instalment over ten years.
Mar 31, 2008
A. BASIS OF ACCOUNTING :
The financial statements are prepared under the historical cost
convention and are In accordance with the requirements of the Companies
Act, 1956 and accepted accounting standards.
D. REVENUE RECOGNITION :
Accounts are maintained on accrual basis.
C. EXPENDITURE :
Expenses are accounted on accrual basis.
D. INVESTMENT :
Investments are stated at cost.
E. MISCELLANEOUS EXPENDITURE :
Preliminary. Expenses and Public Issue Expenses are written off in
equal instalment over ten years.
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