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ट्रिमलाइन इंवेस्टमेंट्स

बीएसई: 503673  |  NSE: N.A  |  ISIN: INE199B01028  |  Media & Entertainment

खोजें ट्रिमलाइन इंवेस्टमेंट्स कनेक्शन मार्च 13
लेखांकन नीति साल : मार्च '14
a) Accounting Convention:
 
 The Financial Statements have been prepared on historical cost
 convention and are drawn in accordance with normally accepted
 Accounting Principles.
 
 b) Accounting Concept:
 
 The Company follows mercantile system of accounting and recognises
 income and expenditure on Accrual basis, except encashment of Leave
 Salary, Ex-gratia/Gratuity and follows going concern concept.
 
 c) Income & Expenditure:
 
 All the Income & Expenditure are accounted for on Accrual Basis.
 
 d) Fixed Assets & Depreciation:
 
 a. All fixed assets are accounted for at cost inclusive of installation
 and incidental expenses less depreciation.
 
 b. Depreciation on all fixed assets is being provided for on Straight
 Line basis as per rates prescribed under Schedule XIV to the Companies
 Act, 1956.
 
 f) Foreign Currency
 
 Transaction in foreign currency is recorded at the exchange rate
 prevailing on the date of transaction.  Monetary assets and liabilities
 denominated in foreign currency are translated at the rates of exchange
 as on balance sheet date and the resultant gain or loss is recognized
 in the Profit and Loss account.
 
 g) Taxes on Income
 
 Provision for Current Tax is made in the accounts on the basis of tax
 liability as per the applicable Tax Rate and Tax laws.
 
 Deferred tax on timing differences between taxable income and
 accounting income is accounted subject to consideration of prudence,
 measured using the tax rates and tax laws that have been enacted or
 substantively enacted by the balance sheet date.
 
 Deferred tax assets on unabsorbed depreciation and carry forward of
 losses is accounted if there is virtual certainty that there will be
 sufficient future taxable income available to realize such assets.
स्रोत: रेलीगरे टेचनोवा

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