IT Park-Books - Software Technology Parks Of India

Auditor's Report
(iii) Note No. 22 regarding non provision for demand made by VSNL for Rs. 254.62 lacs on
account of incremental billing for space segment charges which stated to be under
discussion.
[2] (i) Note No.15 regarding non reconciliation and non-provision of W/T License Fees of
Wireless planning Commission (WPC) payable to Department of Telecommunication
for the period 1st January' 05 to 31st March' 09, the amount which has neither been
reconciled nor disclosed:
(ii) Note No. 17 regarding non-provision of IP Star Gateway usage fees amounting to Rs.
27.99 Lacs inclusive of service tax of Rs. 2.37 lacs and TDS of Rs. 2.61 lacs and non
provision of NOCC charges of Rs. 27.97 lacs.
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N
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A
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E
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O
R
T
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0
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(iii) Note No. 30 regarding Society's share in Joint Venture company M/s MTNL STPI IT
Services Limited with regard to Assets ( Refer Note no. 30- Investment in Joint Venture),
Liabilities, Income and Expenses etc are subject to confirmation/reconciliation with joint
venture partner M/s MTNL which on final confirmation/reconciliation may effect our
disclosures.
[3] (a) We have obtained all the information and explanations, which to the best of our
knowledge and belief were necessary for the purpose of our audit;
(b) In our opinion, proper books of account have been kept by Software Technology Parks
of India as required by law so far as appears from our examination of those books. The
Branch Auditor's Report have been forwarded to us and have been appropriately dealt
with;
(c) The Balance Sheet and Income & Expenditure Account dealt with by this report are in
agreement with the books of Accounts;
(d) Subject to our remarks in paragraph 2(i), 2(ii) and 2(iii) above, in our opinion and to the
best of our information and according to the explanations given to us, the said accounts,
read together with Accounting Policies "Schedule 15" and Notes on accounts "Schedule
16" thereon comply with the applicable Accounting Standard (AS) as issued by "The
Institute of Chartered Accountants of India" except compliance/disclosure regarding
AS-17 " Segment Reporting", AS-26 " Intangible Assets" & AS-28 'Impairment of Assets',
give a true and fair view:-
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