Year
2010
2011
2012
Revenue Recognition Policy
Finance charges on Hire purchase Contracts have not been recognized
during the
year in the absence of its virtual certainty.
Finance charges on Hire purchase Contracts have not been recognized
during the
year in the absence of its virtual certainty.
Finance charges on Hire purchase Contracts have not been recognized
during the
year in the absence of its virtual certainty.
Innovation Software Export
IndiaBulls
Year
2010
2011
2012
Revenue Recognition Policy
Interest income from deposits and others is recognised on an accrual
basis. Dividend income is recognised when the right to receive the
dividend is unconditionally established. Profit/loss on sale of investments
is recognised on the date of the transaction of sale and is computed with
reference to the original cost of the investment sold.
Income from Power Consultancy / Advisory Services is recognised
on an accrual basis. Interest income from deposits and others is
recognised on an accrual basis. Dividend income is recognised when the
right to receive the dividend is unconditionally established.
Profit/loss on sale of investments is recognised on the date of the
transaction of sale and is computed with reference to the original cost of
the investment sold.
Revenue from Power Consultancy/ Advisory Services is
recognised when services are rendered. Interest income from
deposits and others is recognised on an accrual basis. Dividend income is
recognized when the right to receive the dividend is established.
Profit/loss on sale of investments is recognised on the date of the
transaction of sale and is computed with reference to the original cost of
the investment sold.
GujratFlurochemical
Year
2010
Revenue Recognition Policy
The Company recognises sales when the significant risks and rewards of
ownership of the goods have passed to the customers. Gross sales
includes excise duty but are exclusive of sales tax. Revenue from Carbon
Credits is recognized on delivery thereof or sale of rights therein, as the
2011
2012
case may be, in terms of the contract with the respective buyer and is net
of payment towards cancellation of contracts. Income on sale of electricity
generated is recognised on the basis of actual units generated and
transmitted to the purchaser and is net of unscheduled interchange
charges paid.
The Company recognises sales when the significant risks and rewards of
ownership of the goods have passed to the customers, which is generally
at the point of dispatch of goods. Gross sales includes excise duty but are
exclusive of sales tax. Revenue from Carbon Credits is recognised on
delivery thereof or sale of rights therein, as the case may be, in terms of
the contract with the respective buyer and is net of payment towards
cancellation of contracts. Income on sale of electricity generated is
recognised on the basis of actual units generated and transmitted to the
purchaser and is net of unscheduled interchange charges paid. Interest
income is recognised on accrual basis, except in cases where interest is
doubtful of recovery.
The Company recognises sales when the significant risks and rewards of
ownership of the goods have passed to the customers, which is generally
at the point of dispatch of goods. Gross revenue from operations includes
excise duty but are exclusive of sales tax. Revenue from Carbon Credits is
recognised on delivery thereof or sale of rights therein, as the case may
be, in terms of the contract with the respective buyer and is net of
payment towards cancellation of contracts. Income on sale of electricity
generated is recognised on the basis of actual units generated and
transmitted to the purchaser and is net of unscheduled interchange
charges paid. Interest income is recognised on a time proportion
basis, except in cases where interest is doubtful of recovery.
Dividend income is recognised when the Companys right to
receive the dividend is established by the reporting date.
DeepIndustries
Year
2010
2011
2012
Revenue Recognition Policy
Revenue/Income and costs/expenditures are generally accounted on
accrual as they are earned or incurred.
Revenue/Income and costs/expenditures are generally accounted on
accrual as they are earned or incurred.
Revenue/Income and costs/expenditures are generally accounted on
accrual as they are earned or incurred.
