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Statement of Assets and Liabilities for last Five Years and Latest ...

Statement of Assets and Liabilities for last Five Years and Latest ...

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Annexure - VIIIDetails <strong>of</strong> Contingent <strong>Liabilities</strong>Nature <strong>of</strong> TransactionClaims not acknowledged as debts (Claims by BondHolders in the Consummer Civil Courts)( in Lacs)Half Year ending Year ending Year ending Year ending Year ending Year ending30-09-12 31-03-12 31-03-11 31-03-10 31-03-09 31-03-0850.00 50.00 50.00 50.00 50.00 48.00Claims not acknowledged as debts (relating to servicematters pending in Hon'ble Delhi High Court)Amount not quantfiableAmount not quantfiableDem<strong>and</strong> raised by Income Tax Authorities <strong>and</strong> Amountpaid under protest by the Company <strong>for</strong> which appealspending at various appellate levels13.37 14.05 14.05 1664.27 1654.00 3235.00Sales TaxThe Company does not paysales tax on purchase <strong>of</strong>leased assets. In the event <strong>of</strong>sales tax on purchase / lease<strong>of</strong> rolling stock becomingpayable, the same isrecoverable from Ministry <strong>of</strong>Railways in terms <strong>of</strong> the leaseagreements. Since, there isno sales tax dem<strong>and</strong> <strong>and</strong> theamount is unascertainable, noprovision is made in theaccounts.The Company does not paysales tax on purchase <strong>of</strong>leased assets. In the event <strong>of</strong>sales tax on purchase / lease<strong>of</strong> rolling stock becomingpayable, the same isrecoverable from Ministry <strong>of</strong>Railways in terms <strong>of</strong> the leaseagreements. Since, there isno sales tax dem<strong>and</strong> <strong>and</strong> theamount is unascertainable, noprovision is made in theaccounts.The Company does not paysales tax on purchase <strong>of</strong>leased assets. In the event <strong>of</strong>sales tax on purchase / lease<strong>of</strong> rolling stock becomingpayable, the same isrecoverable from Ministry <strong>of</strong>Railways in terms <strong>of</strong> the leaseagreements. Since, there isno sales tax dem<strong>and</strong> <strong>and</strong> theamount is unascertainable, noprovision is made in theaccounts.The Company does not paysales tax on purchase <strong>of</strong>leased assets. In the event <strong>of</strong>sales tax on purchase / lease<strong>of</strong> rolling stock becomingpayable, the same isrecoverable from Ministry <strong>of</strong>Railways in terms <strong>of</strong> the leaseagreements. Since, there isno sales tax dem<strong>and</strong> <strong>and</strong> theamount is unascertainable, noprovision is made in theaccounts.The Company does not paysales tax on purchase <strong>of</strong>leased assets. In the event <strong>of</strong>sales tax on purchase / lease<strong>of</strong> rolling stock becomingpayable, the same isrecoverable from Ministry <strong>of</strong>Railways in terms <strong>of</strong> the leaseagreements. Since, there isno sales tax dem<strong>and</strong> <strong>and</strong> theamount is unascertainable, noprovision is made in theaccounts.The Company does not paysales tax on purchase <strong>of</strong>leased assets. In the event <strong>of</strong>sales tax on purchase / lease<strong>of</strong> rolling stock becomingpayable, the same isrecoverable from Ministry <strong>of</strong>Railways in terms <strong>of</strong> the leaseagreements. Since, there isno sales tax dem<strong>and</strong> <strong>and</strong> theamount is unascertainable, noprovision is made in theaccounts.Cess towards rehabilitation / revival <strong>of</strong> sick industrialcompanies in terms <strong>of</strong> the Companies (SecondAmendment) Act, 2002No Provision <strong>for</strong> cess in theabsence <strong>of</strong> any notificationissued by the CentralGovernmentNo Provision <strong>for</strong> cess in theabsence <strong>of</strong> any notificationissued by the CentralGovernmentNo Provision <strong>for</strong> cess in theabsence <strong>of</strong> any notificationissued by the CentralGovernmentNo Provision <strong>for</strong> cess in theabsence <strong>of</strong> any notificationissued by the CentralGovernmentNo Provision <strong>for</strong> cess in theabsence <strong>of</strong> any notificationissued by the CentralGovernmentNo Provision <strong>for</strong> cess in theabsence <strong>of</strong> any notificationissued by the CentralGovernment

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