11.4 Non-Current Liabilities
Borrowings - During the year under review, the Company has an outstanding loan of Rs. 1 crore
and also repaid the same.
11.5 Current Liabilities
There are no current liabilities except TDS payable, Professional Tax, Auditors Fees and Sitting
fees payable.
11.6 Trade Payables
The details of Trade Payables is given in Note no 6A.
11.7 Contingent Liabilities and Commitments (to the extent not provided for)
(a) The Company is generally regular in depositing undisputed statutory dues including
provident fund, income tax, sales tax, service tax, value added tax, cess and other material
statutory dues, as applicable, with the appropriate authorities.
(b) As at the year-end, following are the disputed statutory dues outstanding as per Income
T ax site. However, the Company has filed appeal before the Income T ax Appellate Tribunal
(ITAT) against the appellate order and the appeal has been ruled in favour of the Company.
However, the Income T ax Website has not accounted for the same and there are no dues as on
date
11.8 Additional Regulatory Information
(i) Title deeds of Immovable Properties not held in name of the Company - Not
applicable, no such case
(ii) Fair market value of Investment property - Not applicable, no investment property
(iii) Revaluation of Property, Plant and Equipment - Not applicable, no property, plant or
equipment
(iv) Disclosure on revaluation of Intangible asset - Not applicable, no intangible asset
(v) Disclosure on Loans or advances granted to promoters, Directors, KMPs and the related
parties -
1] Key Management Personals and their
relatives
(i) Enterprises Owned or Controlled By KMP's
(b) Key management personnel
DINESH MUNDHRA
AKHIL NAIR
SHITALBHAI MOHANBHAIPATEL
VISHVAJITSINH DILIPSINHJADEJA
AAKANSHA VAID
AMARENDRA MOHAPATRA
(c) Relatives : N.A.
2] Transactions with Related parties (amount in Rupees):
(vi) Capital-Work-in Progress (CWIP) - Not applicable, no CWIP
(vii) Intangible assets under development - Not applicable, no Intangible assets under
development
(viii) Benami Property held - No proceeding has been initiated or pending against the
Company for holding any benami property under the Benami Transactions (Prohibition)
Act, 1988 (45 of 1988)
(ix) Borrowings from banks or financial institutions on the basis of security of current assets
- NA
(x) Wilful Defaulter - Company is not declared been as a wilful defaulter by any bank or
financial institution or other lender
(xi) Relationship with Struck off Companies - Company has not entered into any transactions
with companies struck off u/s 248 of the Companies Act, 2013 or section 560 of
Companies Act, 1956.
(xii) Registration of charges or satisfaction with Registrar of Companies (ROC) - Not
Applicable during the financial year.
(xiii) Compliance with number of layers of companies - Company does not have any
subsidiary and hence no disclosure required
(xiv) Disclosure on Ratios
Companies Act, 2013, therefore Not Applicable.
(xvi) Utilization of Borrowed funds and share premium - The Company has not advanced or
loaned or invested funds to any other person(s) or entity (ies). The Company has not
received any fund from any person(s) or entity(ies), including foreign entities (Funding
Party) with the understanding (whether recorded in writing or otherwise) that the
Company shall directly or indirectly lend or invest in other persons or entities identified
in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) -
therefore not applicable
11.9 Others (Balance Sheet)
1. The Company has not applied any accounting policy retrospectively or makes a
restatement of items in the financial statements not has it reclassified items in its financial
statements.
2. The Company has not received any Share application money, not is there any Share
application money pending allotment.
3. There are no preference shares or compound financial instruments such as convertible
debentures.
11.10 Others (Profit and Loss)
1. All employee Benefits expense are in the form of salaries and there is Nil contribution to
provident and other funds, share based payments to employees and staff welfare
expenses.
2. All payments to the auditor are for audit fees and Nil for taxation matters, Company law
matters, for other services and for reimbursement of expenses (in Rs. thousand)
3. Corporate Social Responsibility (CSR) - Section 135 of the Companies Act, 2013 is not
applicable to the Company during the financial year.
4. There are no items of exceptional nature.
5. There are no transaction not recorded in the books of accounts that has been surrendered
or disclosed as income during the year in the tax assessments under the Income Tax Act,
1961 (such as, search or survey or any other relevant provisions of the Income Tax Act,
1961).
6. Details of Crypto Currency or Virtual Currency - The Company has not traded or invested
in Crypto currency or Virtual Currency during the financial year.
As per our report of even date attached For an and behalf of the board
For Bhatter & Company Yash trading and finance limited
Chartered Accountants
(FRN.131092W)
Sd/- Sd/- Sd/-
Daulal H. Bhatter - Proprietor VISHVAJITSINH DILIPSINH JADEJA Kavita Akshay Chhajer
Membership No. 016937 Managing Director & CFO company secretary
UDIN: 25016937BMISXG4951 DIN: 10989282
Sd/-
Place : Mumbai Dinesh Mundhra
Date : 20.05.2025 Director
DIN: 00389283
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