मैट्रिक्स
 
 
moneycontrol.com भारत | लेखांकन नीति > Auto Ancillaries > लेखांकन नीति फॉलोड से स्पेक्ट्रा इंडस्ट्रीज - बीएसई: 513687, NSE: N.A

स्पेक्ट्रा इंडस्ट्रीज

बीएसई: 513687  |  NSE: N.A  |  ISIN: INE848B01012  |  Auto Ancillaries

खोजें स्पेक्ट्रा इंडस्ट्रीज कनेक्शन मार्च 14
लेखांकन नीति साल : मार्च '15
(a) BASIS OF PREPARATION OF FINANCIAL STATEMENTS:
 
 These financial statements have been prepared to comply with the
 Generally Accepted Accounting Principles in India (Indian GAAP),
 including the Accounting Standards notified under the relevant
 provisions of the Companies Act, 2013.
 
 The financial statements are prepared on accrual basis under the
 historical cost convention.
 
 (b) Fixed Assets :
 
 Fixed Assets are shown at cost less depreciation. Cost comprises the
 purchase price and other attributable expenses.
 
 (c) Depreciation on Fixed Assets :
 
 Depreciation is provided pro-rata to the period of use on straight-line
 method based on the estimated useful lives of the assets. Depreciation
 is provided based on useful life of the assets as prescribed in
 Schedule II to the Companies Act, 2013.
 
 (d) Inventories :
 
 Inventories are valued at lower of cost and net realisable value. The
 method of valuation of various categories of Inventories is as below :
 
 (i) Raw Material - At Cost
 
 (ii) Finished goods and work in progress - At lower of cost or net
 realisable value
 
 (iii) Scrap - At Realisable value
 
 (e) Taxation:
 
 (i) Provision for current taxation has not been made on the basis of
 estimated tax liability in accordance with the Income tax laws
 prevailing for the relevant assessment year.
 
 (ii) Deferred tax resulting from timing differences between book and
 tax profit is accounted for using the tax rates and laws that have been
 enacted or substantially enacted as of the balance sheet date.
 
 (f) Foreign Currency Transactions:
 
 Transactions in foreign currency are recorded at the exchange rate
 prevailing on the date of transaction. Foreign currency assets and
 liabilities are rated at the date of Balance Sheet. Any gain or loss
 arising out of settlement of foreign currency transactions are charged
 to the Profit and Loss Account.
 
 (g) Revenue Recognition :
 
 Sales is recognized on the basis of dispatch date.
 
 (h) Retirement Benefit :
 
 (i) Retirement benefits, Providend Fund / Pension scheme is accounted
 for on an accrual basis and charged to the Profit and Loss Account for
 the year.
 
 (ii) Provisions for liability on account of retirement gratuity is made
 on the basis of acturial valuation carried out at the close of the
 financial year.
 
 (iii) The Company accrues the leave encashment liability on an
 actuarial basis.
 
 (i) Borrowing Costs :
 
 Borrowing costs are accounted on an accrual basis and charged to Profit
 and Loss Account.
 
 (j) Settlement of dispute either in income or expenditure is taken on
 Cash basis.
 
 (k) Total outstanding to small scale industries undertaking - NIL
 
 (l) The Company is operating in two segment Manufacturing & Trading
 in accordance with the provisions of AS-17 of ICAI.
 
 (m) Long term investments are stated at cost.
 
 (n) Miscellaneous Expenditure :
 
 Miscellaneous expenditure includes Business development expenses and
 Lease hold expenses which are charged according to the period of
 benefit.
 
 II Contingent Liabilities      : As At 31.03.2015        As At31.03.2014
    in respect of
 
 Claims against the Company not           NIL                    9,30,500
 acknowledged as debts hence not
  provided.
 
 III Balance on account of suppliers & sundry debtors, creditors and
 loans and advances are subject to confirmation.
 
 IV  The Company has filed suit for the recovery of Rs.69,64,541/-
 against its debtor and the same is pending with the  court. The
 Management is confident to recover the said amount.
 
 V   Previous years figures have been regrouped, rearranged wherever
 necessary to conform to this year''s classification.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `566.52 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `183.41 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `800 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `818 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `140.36 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `42.76 Cr की बिकवाली की
  • MARKET CUES : स्टॉक ऑप्शंस में `79.20 Cr की बिकवाली की
  • MS ON TCS : Equal-weight रेटिंग, लक्ष्य `1,980/Sh
  • MS ON TITAN : Equal-weight रेटिंग, लक्ष्य `1240/Sh
  • MS ON ICICI BANK : Overweight रेटिंग, लक्ष्य `665/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.