TCC Concept Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2017
1. The above results have been reviewed by the audit committee on 20th May, 2017 and have been approved by the board of directors at their meeting held on the same date.
2. The company has one segment of activity namely "Trading".
3. Figures of previous period / year have been regrouped / rearranged wherever necessary.
4. As regards deferred tax as per Accounting Standard (AS-22) on "Accounting for Taxes on Income" issued by The Institute of Chartered Accountants of India, since there is a net deferred tax assets for the past years and for the current year, as a matter of prudence, the company has not recognized the said deferred tax assets while preparing the accounts for the year under audit
5. The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year.
6. The financial results of the company are available at the website of Bombay Stock Exchange Ltd. at www.bseindia.com and on Company's website at www.aaswatrading.in.