(Kt Provisions

Provisions are recognized when the Company has a present obligation (legal or constructive) as a result of a past event, it is
probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate
can be made of the amount of the obligation.

If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, when
appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is
recognized as a finance cost.

(LI Cash and cash equivalent

Cash and cash equivalent in the balance sheet comprise cash at banks and on hand. For the purpose of the statement of cash flows,
cash and cash equivalents consist of cash as defined above, net of outstanding bank overdrafts as they are considered an integral

part of the Company?s cash management.

(M)Tax Expenses

The tax expense for the period comprises current and deferred tax. Tax is recognised in Statement of Profit and Loss, except to the
extent that it relates to items recognised in the comprehensive income or in equity. Tax expense relating to items recognised outside
Statement of profit and loss is recognised outside Statement of profit and loss. Tax are recognised in correlation to the underlying
transaction either in other comprehensive income or directly in equity.

Current tax

Current tax assets and liabilities are measured at the amount expected to be recovered from or paid to the taxation authorities,
based on tax rates and laws that are enacted or substantively enacted at the Balance sheet date. Company has decided to pay tax
U/S115BAAannounced in the Taxation (Amendment) Ordinance 2019 by finance minister.

Deferred tax

Deferred tax is provided using the liability method on temporary differences between the tax bases of assets and liabilities and their
carrying amounts for financial reporting purposes at the reporting date.

Deferred tax assets are recognized for all deductible temporary differences, the carry forward of unused tax credits and any unused
tax losses. Deferred tax assets are recognised to the extent that it is probable that taxable profit will be available against which the
deductible temporary differences, and the carry forward of unused tax credits and unused tax losses can be utilised.

The Company recognizes tax credits in the nature of MAT credit as an asset only to the extent that there is convincing evidence that
the Company will pay normal income tax during the specified period, i.e., the period for which tax credit is allowed to be carried
forward. In the year in which the Company recognizes tax credits as an asset, the said asset is created by way of tax credit to the
Statement of profit and loss. The Company reviews such tax credit asset at each reporting date and writes down the asset to the
extent the Company does not have convincing evidence that it will pay normal tax during the specified period.

Deferred tax includes MAT tax credit.

(N) Foreign currency

These financial statements are presented in Indian rupees, which is the functional currency of Limited. Transactions in foreign
currencies are recorded at the exchange rate prevailing on the date of transaction quoted by bank.

Exchange differences are recognized in the Statement of Profit and Loss except to the extent, exchange differences which are
regarded as an adjustment to interest costs on foreign currency borrowings, are capitalized as part of borrowing costs.

(0) Earnings per Share

Basic earnings per share is calculated by dividing the net profit or loss for the period attributable to equity Shareholders of the
Company by the weighted average number of equity shares outstanding during the period.

For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity Shareholders of the
Company and the weighted average number of shares outstanding during the period, are adjusted for the effects of all dilutive
potential equity shares.

(P) Financial instruments

(1) Financial Assets

(1) Initial recognition and measurement

All financial assets and liabilities are initially recognized at fair value Transaction costs that are directly attributable to the acquisition

or issue of financial assets and financial liabilities, which are not at fair value through profit or loss, are adjusted to the fair value on

initial recognition. Purchase and sale of financial assets are recognised using trade date accounting

(ii) Subsequent measurement

A. Financial assets carried at amortized cost (AC)

A financial asset is measured at amortised cost if it is held within a business model whose objective is to hold the asset in order to
collect contractual cash flows and the contractual terms of the financial asset give rise on specified dates to cash flows that are solely
payments of principal and interest on the principal amount outstanding.

(2) Financial liabilities

A. Initial recognition and measurement

All financial liabilities are recognized at fair value and in case of loans, net of directly attributable cost. Fees of recurring nature are
directly recognised in the Statement of Profit and Loss as finance cost.

B Subsequent measurement

Financial liabilities are carried at amortized cost using the effective interest method. For trade and other payables maturing within
one year from the balance sheet date, the carrying amounts approximate fair value due to the short maturity of these instruments.

(3) Derecognition of financial instruments

The Company derecognizes a financial asset when the contractual rights to the cash flows from the financial asset expire or it
transfers the financial asset and the transfer qualifies for derecognition under IND AS 109. A financial liability (or a part of a financial
liability) is derecognized from the Company's Balance Sheet when the obligation specified in the contract is discharged or cancelled
or expires.

(Q) Employees Benefit:

a) Short Term Employee Benefits

All employee benefits payable within twelve months of rendering the service are classified as short term benefits. Such benefits
include salaries, wages, bonus, short term compensated absences, awards, gratia, performance pay etc. and the same are
recognised in the period in which the employee renders the related service.

b) Post-Employment Benefits

(i) Defined contribution plan

The Company's approved provident fund scheme and employees? state insurance fund scheme are defined contribution plans. The
Company has no obligation, other than the contribution paid/payable under such schemes. The contribution paid/payable under the
schemes is recognised during the period in which the employee renders the related service.

(ii) Defined benefit plan

Gratuity and Leave Encashment are recognized as an expense at the un-discounted amount in the profit and loss account of the
year in which related service is rendered. The company has not made any actuarial valuation in this regards.

R) Leases

As lessee

Initial measurement
Longterm lease

The company does not have any long term lease contract liabilities.

Shortterm lease

Short term lease is that, at the commencement date, has a lease term of 12 months or less. A lease that contains a purchase option
is not a short-term lease. Low value lease is for which the underlying asset is of low value. If the company elected to apply short term
lease/Low Value Lease, the lessee shall recognize the lease payments associated with those leases as an expense on either a
straight-line basis over the lease term or another systematic basis. The lessee shall apply another systematic basis if that basis is
more representative of the pattern of the lessee?s benefit.