Weizmann 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:
“The Company has not provided current tax liabilities arising on account of Book profits for year to date, of Rs 492.87 lacs, as a result of which the net profit after tax for the period to date is shown higher by Rs 492.87 lacs with a consequent decrease in the current liabilities of even amounts”.
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