| 1. Balances of the Sundry Debtors, Loans and Advances and Sundry
Creditors are subject to confirmation and resultant reconciliation, if
any.
2. There are no dues to Micro and Small Enterprises as at 31st March,
2015. This information as required to be disclosed under the Micro,
Small and Medium Enterprises Development Act, 2006 has been determined
to the extent such parties have been identified on the basis of
information available with the company.
3. In accordance with Accounting standard 'AS -18' relating to
Related Party Disclosures, information pertinent to related party
transaction is given as under:-
Parties where control exists:
1. Shyam Trade Link PTE Ltd. - Wholly owned Subsidiary at Singapore
2. Anjali Tradelink FZE - Wholly owned Subsidiary at Hamriyah, Sharjah
- UAE
4. Deferred Tax
In accordance with Accounting standard AS -22 relating to "Accounting
for Taxes on Income" issued by the Institute of Chartered Accountants
of India, the Company has recognized a net deferred asset of Rs.
6,905/- as on 31ST March, 2015. (Deferred Tax Liability Previous Year
Rs. 61,544/-).
5. Segment Reporting :-
In the opinion of the Management, the Company is operating in a single
segment only as per the provisions of the accounting standard AS-17,
issued by the Institute of Chartered Accountants Of India.
6. The Annual Consolidated Financial results have been prepared by
consolidating the Company's Audited Annual Accounts for the financial
year 2014-2015 with the Annual Accounts for the year ended 31st March,
2015 of its two wholly owned subsidiaries viz. Shyam Trade Link Pte.
Ltd., Keypoint, Singapore and Anjali Tradelink FZE, Hamriyah Free Zone,
Sharjah, UAE respectively, which has been considered for the first
time. In view of this we have not provided consolidated figures for
previous financial year, as they are not comparable to current
accounting year. The Company has prepared consolidated financial
statements as per AS-21
7. The Previous year figures have been regrouped / rearranged /
reclassified wherever necessary. Amounts and other disclosures for the
preceding financial year are included as an integral part of current
year's financial statements.
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