Relaxo Footwears Ltd 2012
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annual RepoRt 2011-12
with the appropriate authorities. According to the information and explanations given to us, no undisputed amounts payable
in respect of the aforesaid dues were outstanding as at 31st March, 2012 for a period of more than six months from the date
of becoming payable
b) The disputed statutory dues aggregating `1509.35 lacs that have not been deposited on account of matters pending before
appropriate authorities are as under :-
S.
No.
Name of the Statute Name of the Dues Forum where dispute is pending Amount
(` in lacs)
1. Haryana Genera l Sales
Tax Act, 1973
Purchase Tax A.Y. 2001-02
2002-03
Jt. Excise & Taxation Commissioner
Jt. Excise & Taxation Commissioner
19.92
14.73
2. Punjab Value Added
Tax, 2005
VAT A.Y. 2008-09 Deputy Excise & Taxation Commissioner 2.19
3. Delhi Va lue Added Tax,
2005
Input Tax A.Y. 2005-06 Appellate Tribunal, Delhi 3.45
4. U.P. Sales Tax, Act Sales Tax A.Y. 2006-07 Asstt. Commissioner of Commercial Tax,
Ghaziabad, UP
0.72
5. Rajasthan Entry Tax Entry Tax A.Y. 2007-082008-09
2009-10
2010-11
2011-12
High Court, JodhpurHigh Court, Jodhpur
High Court, Jodhpur
High Court, Jodhpur
High Court, Jodhpur
1.761.81
0.24
1.05
1.41
6. Haryana local area dev.
Tax and entry tax
Entry Tax A.Y. 2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
Supreme Court of India
Supreme Court of India
Supreme Court of India
Supreme Court of India
Supreme Court of India
Supreme Court of India
17.79
173.02
208.85
295.78
307.54
427.42
7. Income Tax Act,1961 Regular Assessment
A.Y. 2009-10
A.Y. 2010-11
TDS A.Y. 2007-08
2008-09
2009-10
2010-11
2011-12
Commissioner of Income Tax (Appeals)
Commissioner of Income Tax (Appeals)
Commissioner of Income Tax (Appeals)
Commissioner of Income Tax (Appeals)
Commissioner of Income Tax (Appeals)
Commissioner of Income Tax (Appeals)
Commissioner of Income Tax (Appeals)
15.51
1.80
0.14
4.64
2.29
0.61
1.53
8. The Employees State
Insurance Corporation
Act,1948
2011-12 District Court , Rohtak 5.15
Total 1509.35
10) The Company has no accumulated losses at the end of
financial year and has not incurred cash losses during the
financial year covered by our audit and in the immediatelypreceding financial year.
11) Based on the audit procedures and on the basis of
information and explanations given by the management, we
are of the opinion that the company has not defaulted in the
repayment of dues to any financial institution and banks.
12) According to the information and explanations given to us,
the company has not granted any loans and advances on
the basis of security by way of pledge of shares, debentures
and others securities.
13) In our opinion, the company is not a chit fund / a nidhi /
mutual benefit fund / society. Therefore, clause (xiii) of
paragraph 4 of the Companies (Auditor's Report) Order 2003(as amended) is not applicable to the Company.
14) The company is not dealing or trading in shares, securities,
debentures and other investments; therefore requirement
of maintenance of proper records of such transaction and
contracts does not arise.
15) According to information and explanations given to us, the
company has not given any guarantee for loans taken by
others from banks or financial institutions.
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