Energy Development - Limited Review for the quarter ended Dec 31, 2007
Energy Development Company Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
“Attention is invited to the Note 3 and 4 of the statement regarding non compliance of Accounting Standard - 22, ‘Accounting for Taxes on Income’ with regard to recognition of deferred tax and Accounting Standard - 15, ‘Employee’s Benefit’ respectively. The Auditors are unable to ascertain and state the impact of the same on the various figures and the amount of profit given in the statement.”
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Tags: Energy Development
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