(Clause 6.18.7.(viii)
TAX SHELTER STATEMENT
YEAR ENDED MARCH 31ST
| 1991 | 1992 | 1993 | 1994 | 1995 | |||||
| (Rupees in lac ) | |||||||||
| Tax at Notional Rate | 28 | 70 | 89 | 546 | 675 | ||||
| Adjustments :
Export Profits |
(4) | (5) | (20) | (100) | (120) | ||||
| Difference between
Tax Depreciation and Book Depreciation |
(6) | (8) | (9) | (10) | (10) | ||||
| Other Adjustments | 3 | 3 | 4 | 4 | 5 | ||||
| Net Adjustments | (7) | (10) | (25) | (106) | (125) | ||||
| Tax Saving thereon : |
(3) |
(5) | (13) | (49) | (58) | ||||
| Total Taxation | 25 | 65 | 76 | 497 | 617 | ||||
| Taxation on extra-ordinary
items |
- | 53 | (68) | 682 | 852 | ||||
| Tax on profits before extra - ordinary items | 25 | 12 | 144 | (185) | (235) | ||||