j Income Tax
i. Provision for Income Tax is made in accordance with the Income Tax Act, 1961.
ii. Current Tax is determined as the amount of tax payable in respect of taxable income for
the year.
iii. The company has recognized Deferred Taxes which result from timing difference
between the Book profits and Tax profits.
Notes for Receivables :
1) The average credit period is 30-90 days from the date of invoice. No interest is recovered on trade receivables for payments received after due date.
2) The Company has used a practical expedient by computing the expected credit loss allowance for trade receivables based on a provision matrix. The
provision matrix takes into account historical credit loss experience and adjusted for forward-looking information alongwith changes in credit risk of
specific parties/companies. The expected credit loss allowance is based on the ageing of the days the receivables are due and the rates as given in the
provision matrix.
3) No trade or other receivable are due from directors or other officers of the Company either severally or jointly with any other person. Nor any trade or
other receivables are due from firms or private companies respectively in which any director is a partner, a director or a member.
29 Segment reporting
I Business segments
The Company is primarily engaged in print media. Accordingly, there is no other separate
reportable segment.
II Geographical segments
The Company provides all its circulation from India only and hence location of plant is
considered to be in India only, thus the Statement of profit and loss and Balance sheet depicts
the picture of segment results and the Segmental assets and liabilities.
30 In the opinion of the Board, the Current Assets, Loans and advances Debtors & Creditors have a
value on realization in ordinary course of business, at least equal to the amount at which they are
stated in the Balance Sheet. However no confirmation has been obtained on the same.
31 Amount due to small industries for more than Rs. 1.00 lac and due for more than 30 days is Rs.
Nil.
32 Previous year’s figures have been regrouped and rearranged wherever considered necessary.
For S. N. Gadiya & Co. For and on behalf of Board of
Chartered Accountants Madhya Pradesh Today Media Limited
sd/-
sd/- sd/-
S. N. Gadiya Hradayesh Dixit Shantanu Dixit
Proprietor (Chief Managing Director) ( CFO)
M. No. 071229 DIN : 03146320 DIN :03146408
FR No. 002052C
UDIN : : 27071229BMIGTM1957
Place: Indore : sd/-
Date : 30-05-2025 Megha Neema
Company Secretary
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