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moneycontrol.com भारत | लेखांकन नीति > Edible Oils & Solvent Extraction > लेखांकन नीति फॉलोड से वृंदावन एग्रो इंडस्ट्रीज - बीएसई: 519542, NSE: N.A

वृंदावन एग्रो इंडस्ट्रीज

बीएसई: 519542  |  NSE: N.A  |  ISIN:  |  Edible Oils & Solvent Extraction

खोजें वृंदावन एग्रो इंडस्ट्रीज कनेक्शन
लेखांकन नीति साल : मार्च '98
1.Accounting System
 
 The Company follows the mercantile system of Accounting and recognise
 income and expenditure on accrual basis.  Accounting policies not referred to otherwise are consistent with generally accepted accounting
 principles.
 
 2. Fixed Assets
 
 Fixed Assets are recorded at cost of acquisition or construction, net
 of modvat.  They are stated at historical cost.
 
 In respect of new projects, interest on borrowings for acquisition of
 fixed assets are revenue expenses incurred at project sites for the period prior to commencement of commercial production are capitalised as part of
project cost.
 
 Expenditure incurred on projects under implementation is included under
 capital work-in-progress and will be apportioned amongst the various
 assets on commencement of the project.
 
 3. Depreciation
 
 (i) Depreciation is provided in accordance with the provision of Section 350 of the Companies Act, 1956.
 
 (ii) Depreciation on fixed assets purchased is provided as per straight -line method.
 
 4. Investments
 
 Investments are stated at cost of acquisition.
 
 5. Inventories
 
 (i) Stores, Spare parts, and stock in process are valued at cost.
 
 (ii) Finished goods and Raw material are valued at cost or market value
 whichever is lower.
 
 (iii) Waste is valued at market value.
 
 6. Sales
 
 Sales comprises sale value of goods, net of discount and excludes freight.
 
 7. Accounting
 
 (i) Income - All Sales/Income has been accounted for on the basis of
 available information.
 
 (ii) Expenses - All material known liabilities are provided on the
 basis of available information / estimates.
 
 8. Expenses
 
 (i) Provision for taxation for the year under review is not made in
 view of absence of any taxable income pursuant to provision of Income-tax Act, 1.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `1008 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `538 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `379 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `656 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `1075 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `36 Cr की बिकवाली की
  • MS ON BPCL : Overweight रेटिंग, लक्ष्य `571/Sh
  • CS ON AARTI IND : Outperform रेटिंग, लक्ष्य `980/Sh
  • CS ON APOLLO HOSP : लक्ष्य `1,300 से बढ़ाकर `1,600/Sh
  • NOMURA ON ESSAR CASE : बैंकों की अब 90% तक रकम की रिकवरी संभव

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