मैट्रिक्स
 
 
moneycontrol.com भारत | लेखांकन नीति > Breweries & Distilleries > लेखांकन नीति फॉलोड से नारंग इंडस्ट्रीज - बीएसई: 523317, NSE: N.A

नारंग इंडस्ट्रीज

बीएसई: 523317  |  NSE: N.A  |  ISIN: INE172C01015  |  Breweries & Distilleries

खोजें नारंग इंडस्ट्रीज कनेक्शन
लेखांकन नीति साल : मार्च '05
1.  Basis of Preparation of Financial Statements :
 
 The Financial statements have been prepared under the historical cost
 convention in accordance with the generally accepted accounting
 principles in India and the provisions of the Companies Act, 1956
 
 2.  Recognition of Income and Expenditure :
 
 All Income and Expenditure have been accounted for on accrual basis.
 
 3.  Inventories :
 
 Inventories consisting of stocks and shares are valued at weighted
 average cost or market price (scrip-wise) whichever is lower.
 
 4.  Fixed Assets :
 
 The Fixed Assets are stated at cost of acquisition and subsequent
 improvement thereto including taxes, duties, freight and other
 incidental expenses related to acquisition and installation.
 
 Fixed assets have been shown net of accumulated depreciation.
 
 5.  Depreciation:
 
 a) Depreciation on fixed assets is charged on written down value method
 at rates specified in Schedule XIV of the Companies Act, 1956.
 
 b) No depreciation is charged on Trade Marks and Freehold Land.
 
 c) Depreciation on additions/deductions made during the year is
 provided for on pro-rata basis
 
 6.  Current Assets :
 
 All current assets are accounted for at their net realisable value
 except otherwise stated elsewhere in the accounts.
 
 7.  Investments:
 
 Investments are stated at cost less provision for diminution other than
 temporary in the investments. Diminution has been worked as difference
 of carrying amount and market value (where market value is lower than
 carrying amount). The resultant diminution is charged to the profit and
 loss account.
 
 8.  Taxation :
 
 Provision for taxation is based on the assessable profits determined
 under the Provisions of Income Tax Act, 1961.
 
 9.  Foreign Currency transactions :
 
 Revenue and expenditure in foreign currency are recorded at the
 prevalent exchange rate as on the date of the respective transaction.
 Gain or losses arising out of fluctuations in the exchange rates are
 recognized in the profit and loss account in the period in which they
 arise.
 
 Current assets and current liabilities denominated in foreign currency
 are translated at the spot rate prevalent at the date of Balance Sheet.
 The resulting difference is recorded in the Profit & Loss account.
 
 10.  Employment Benefits:
 
 a) Provision for gratuity is not being made for the year as employees
 have not yet put the qualifying period of service for entitlement of
 such benefit.
 
 b) Liability towards leave encashment is accounted for at the year end.
 
 c) Employees Provident fund is not applicable to the Company
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `335 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `2409 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `4293 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `1664 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `1753 Cr की खरीदारी
  • MARKET CUES : स्टॉक फ्यूचर्स में `912 Cr की खरीदारी
  • MARKET CUES : स्टॉक ऑप्शंस में `36 Cr की बिकवाली
  • JEFFERIES ON SUN PHARMA : BUY रेटिंग, लक्ष्य बढ़ाकर `530/Sh
  • CS ON SUN PHARMA : Neutral रेटिंग, लक्ष्य `400/Sh
  • CLSA ON SUN PHARMA : BUY रेटिंग, लक्ष्य घटाकर `560/Sh

अभी देखें

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.