Notes to Accounts of Dhanvantri Jeevan Rekha Ltd.

Mar 31, 2024

Provisions

Provisions are recognized in the accounts in respect of present probable obligations, the amount of which can be reliably estimated.

Retirement Benefits
Defined Contribution Plans

The Company makes contributions towards provident fund and employee state insurance to a defined contribution retirement benefit plan for
qualifying employees. Under the plan, the Company is required to contribute a specified percentage of payroll cost to the retirement benefit plan to
fund the benefits.

The amount recognized as an expense towards contribution to Provident Fund and Employee State Insurance for the year aggregated to Rs.
10,29,552/- (previous year: Rs. 8,84,731/-)

Defined Benefit Plan

Gratuity: The Company operates post-employment defined benefit plan that provide gratuity. The gratuity plan entitles an employee, who has
rendered at least five years of continuous service, to receive one-half month''s salary for each year of completed service at the time of
retirement/exit. The Company is paying gratuity to all its employees who are eligible and the same is computed in accordance with the Payment of
Gratuity Act, 1972. The Company is in process to get the Group Gratuity Scheme with the Life Insurance Corporation of India to cover the Liability
in respect of Gratuity to employees.

The Company''s obligation in respect of the gratuity plan, which is a defined benefit plan, is provided for based on actuarial valuation carried out by
an independent actuary using the projected unit credit method. The Company recognizes actuarial gains and losses immediately in the statement
of profit and loss.

Note: 13.1

Trade receivables are unsecured and are derived from revenue earned from providing medical, healthcare and other ancillary services. Although the
Company is directly affected by the financial condition of its customer, management does not believe significant credit risks exist at the balance sheet
date. The Company does not require collateral or other securities to support its accounts receivable. Ageing of Trade Receivables Is attached with
the Financial Statements vide Annexure - II

Note: 24

Ratios as per the Schedule III requirement are given vide Annexure III

In terms of our report of even date For Notes forming part of the accounts: 1-24

For Anuj Goyal & Co. For and on behalf of Board of Directors

Chartered Accountants of Dhanvantri Jeevan Rekha Ltd.

(Anuj Goyal) (Shalini Sharma) (P.S. Kashyap)

Proprietor Din: 03530674 Din: 01664811

Firm Regn No. 004881C Managing Director Chairman

Membership No.073710
UDIN: 23073710BGXPQC7907

(Bikram Singh) (Ritika Bhandari)

Place: Meerut PAN: AHSPS4761P PAN: CPIPM9040M

Date: 21.05.2024 Chief Financial Officer Company Secretary

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Mar 31, 2015

Note: 1.

Those in the opinion of the Board of Directors, the current assets, loans and advances have a value on realization in ordinary course of business at least equal to the amount at which they are stated. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

Note: 2.

That was informed to us and in accordance to the details available with the company, it does not owe a sum exceeding Rs.1,00,000/- which is outstanding over a period of 30 days to the Small Scale Industrial Undertakings as defined under clause 0) erg Section 3 of Industrial (Development & Regulation) Act, 1951

Note: 3.

Previous Year figures have been regrouped / reclassified, wherever applicable, to confirm to the current year's presentation.

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Mar 31, 2014

Note: 1 Background of the Company

Dhanvantri Jeevan Rekha Ltd. is a company listed with U.P. Stock Exchange, Mumbai Stock Exchange and Delhi Stock Exchange providing diagnostic and therapeutic services in the field of Urology, Gastroenterology, Cardiology, Neurology, Internal Medicine and Radiology including Magnetic Resonance Imaging (MRI). It has extended its scope of diagnostic and hospital services by providing a fully operational Cath Lab, catering to higher end needs of the cardiac patients including Angiography, Angioplasty, Pacemaker Implantation, Valvuloplasty etc. In these financial statements, current year figures are from April 1, 2013 to March 31, 2014 (2013-2014). Previous year figures are from April 1, 2012 to March 31, 2013 (2012-2013). The functional and reporting currency of the Company is Indian Rupees.

Note: 2

(a) List of Related Parties with whom the Company has entered into transaction during the year in the ordinary course of business;

i) Directors & Their Relatives

Name of Directors Relatives of Directors

1. Dr. S. K. Khatri

2. Dr. Satya Prakash Mithal Dr. Umang Mithal, Dr. Nalini Mithal

3. Sh. Premjit S. Kashyap

4. Dr Surendra Prakash Gupta

5. Dr V. S. Phull Dr. Amrit Phull

6. Sh. Abhimanyu Arora

7. Mrs. Meenakshi Elhence Dr. Anil Elhence

8. Ms. Shalini Sharma

9. Ms. Priyanka Sharma

10. Late Dr. G.P. Elhence

(ii) Associate Concerns :

M/s Dhanvantri Path & Scan Centre Pvt. Ltd.

M/s P.S.K. Consultants Pvt. Ltd.

Note: 3

Those in the opinion of the Board of Directors, the current assets, loans and advances have a value on realisation in ordinary course of business at least equal to the amount at which they are stated. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

Note: 4

That as informed to us and in accordance to the details available with the company, it does not owe a sum exceeding Rs.1,00,000/- which is outstanding over a period of 30 days to the Small Scale Industrial Undertakings as defined under clause (j) of Section 3 of Industrial (Development & Regulation) Act, 1951

Note: 5

Previous Year figures have, been regrouped / reclassified, wherever applicable, to confirm to the current year''s presentation.

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Mar 31, 2013

Note:1

Background of the Company

Dhanvantri Jeevan Rekha Ltd. is a company listed with U.P. Stock Exchange, Mumbai Stock Exchange and Delhi Stock Exchange providing diagnostic and therapeutic services in the field of Urology, Gastroenterology, Cardiology, Neurology, Internal Medicine and Radiology including Magnetic Resonance Imaging (MRI). It has extended its scope of diagnostic and hospital services by providing a fully operational Cath Lab, catering to higher end needs of the cardiac patients including Angiography, Angioplasty, Pacemaker Implantation, Valvuloplasty etc. In these financial statements/current year figures are from April 1, 2012 to March 31, 2013 (2012-2013). Previous year figures are from April 1, 2011 to March 31, 2012 (2011- 2012). The functional and reporting currency of the Company is Indian Rupees.

2.1 The Equity Shares of the Company, having par value of Rs. 10/- per share, rank parri passu in ail respect including voting rights and entitlement of Dividends

3.1 Taxes on Income

Provision for current tax is made on the basis of estimated taxable income for current accounting year in accordance with the Income Tax Act, 1961, taking into account the regular tax liability of MAT. The tax liability is based on claims made in earlier years and expert opinion received.

The deferred tax for timing differences between book profit and tax profits is accounted for, using the tax rates and laws that have been substantively enacted as of the balance sheet date.

Deterred tax assets arising from timing differences are recognized to the extent there is reasonable certainty that these would be realized in future.

Deferred tax assets are recognized on unabsorbed losses only if there is virtual certainty that such deferred tax assets can be realized against future taxable profits.

4.1 Fixed Assets

(a) Fixed Assets are stated at cost less accumulated depreciation. Cost comprises the purchase price or cost of construction and any attributable cost of bringing the asset to its working condition for its intended use.

4.2 Depreciation

(a) Depreciation on assets is provided on straight line basis at the rates and in the manner as specified in Schedule XIV to the Companies Act, 1956

(b) Depreciation on Fixed Assets added/disposed/off/ discarded during the year has been provided on a pro-rata basis.

Note: 5

Those in the opinion of the Board of Directors, the current assets, loans and advances have a value on realisation in ordinary course of business at least equal to the amount at which they are stated. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

Note: 6

That as informed to us and in accordance to the details available with the company, it does not owe a sum exceeding Rs.1,00,000/- which is outstanding over a period of 30 days to the Small Scale industrial Undertakings as defined under clause (j) of Section 3 of Industrial (Development & Regulation) Act, 1951

Note: 7

Previous Year figures have been regrouped / reclassified, wherever applicable, to confirm to the current year''s presentation.

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Mar 31, 2012

Background of the Company

Dhanvantri Jeevan Rekha Ltd. is a company listed with U P. Stock Exchange, Mumbai Stock Exchange and Delhi Stock Exchange providing diagnostic and therapeutic services in the field of Urology, Gastroenterology, Cardiology, Neurology, Internal Medicine and Radiology including Magnetic Resonance Imaging (MRI). It has extended its scope of diagnostic and hospital services by providing a fully operational Cath Lab, catering to higher end needs of the cardiac patients including Angiography, Angioplasty, Pacemaker Implantation, Valvuloplasty etc. In these financial statements, current year figures are from April 1, 2011 to March 31, 2012 (2011-2012). Previous year figures are from April 1, 2010 to March 31, 2011 (2010-2011). The functional and reporting currency of the Company is Indian Rupees.

1.1 The Company has taken secured overdraft facility from Punjab National Bank aggregating to Rs. 60 Lac repayable on demand and secured against its FDRs at 1% over and above the contracted rate of its FDR.

1.2 Unsecured Loan has been taken from public @12% p.a., repayable in three years

2.1 Taxes on Income

Provision for current tax is made on the basis of estimated taxable income for current accounting year in accordance with the Income Tax Act, 1961, taking into account the regular tax liability of MAT. The tax liability is based on claims made in earlier years and expert opinion received.

The deferred tax for timing differences between book profit and tax profits is accounted for, using the tax rates and laws that have been substantively enacted as of the balances sheet date.

Deferred tax assets arising from timing differences are recognized to the extent there is reasonable certainty that these would be realized in future.

Deferred tax assets are recognized on unabsorbed losses only if there is virtual certainty that such deferred tax assets can be realized against future taxable profits.

3.1 Fixed Assets

(a) Fixed Assets are stated at cost less accumulated depreciation. Cost comprises the purchase price or cost of construction and any attributable cost of bringing the asset to its working condition for its intended use.

3.2 Depreciation

(a) Depreciation on assets is provided on straight line basis at the rates and in the manner as specified in Schedule XIV to the Companies Act, 1956

(b) Depreciation on Fixed Assets added/disposed/off/ discarded during the year has been provided on a pro-rata basis.

Note: 4

Those in the opinion of the Board of Directors, the current assets, loans and advances have a value on realisation in ordinary course of business at least equal to the amount at which they are stated. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

Note: 5

That as informed to us and in accordance to the details available with the company, it does not owe a sum exceeding Rs.1,00,000/- which is outstanding over a period of 30 days to the Small Scale Industrial Undertakings as defined under clause (j) of Section 3 of Industrial (Development & Regulation) Act, 1951

Note: 6

Previous Year figures have been regrouped / reclassified, wherever applicable, to confirm to the current year's presentation.

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Mar 31, 2011

1. Additional information pursuant to the provision of Part II of Schedule VI to the Companies Act, 1956:

Current Year Previous Year

Contingent Liability not provided for:

Claims not acknowledge as debts Nil Nil

Capital Contracts yet to be executed Nil Nil

2. (a) Current tax provision is on the basis of regular tax liability of MAT. The tax liability is based on claims made in earlier years and expert opinion received.

Deferred Tax Liability/Asset as calculated above has been recognized, as the Company is of opinion that there is virtual certainty of realization of the same in view of the profits of the company.

3. (a) List of Related Parties with whom the Company has entered into transaction during the year in the ordinary course of business; (i) Directors & their Relatives

Name of Directors Relatives of Directors

1. Dr. S.K. Khatri Mr. Anand Kumar Khatri

2. Dr. Satya Prakash Mithal Dr. Umang Mithal, Dr. Nalini Mithal

3. Sh. Premjit S. Kashyap -

4. Dr. Gyan Prakash Elhence Dr. Anil Elhence

5. Dr. Surendra Prakash Gupta -

6. Dr. V.S. Phull Dr. Amrit Phull

7. Sh. Abhimanyu Arora -

8. Mrs. Meenakshi Elhence Dr. Anil Elhence

(ii) Associate Concerns

M/s Dhanvantri Path & Scan Centre Pvt. Ltd.

M/s P.S.K. Consultants Pvt. Ltd.

4. Those in the opinion of the Board of Directors, the current assets, loans and advances have a value on realisation in ordinary course of business at least equal to the amount at which they are stated. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

5. That as informed to us and in accordance to the details available with the company, it does not owe a sum exceeding Rs. 1,00,000/- which is outstanding over a period of 30 days to the Small Scale Industrial Undertakings as defined under clause (i) of Section 3 of Industrial (Development & Regulation) Act, 1951.

6. Previous Year figures have been regrouped / reclassified wherever applicable, to confirm to the current year's presentation.

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Mar 31, 2010

1. Additional information pursuant to the provision of Part II of Schedule VI to the Companies Act, 1956:

Current Year Previous Year Contingent liability not provided for:

Claims not acknowledged as debts Nil Nil

Capital Contracts yet to be executed Nil Nil

2. (a) Current tax provision is on the basis of regular tax liability of MAT. The tax liability is based on claims made in earlier years and expert opinion received.

3. (a) List of Related Parties with whom the Company has entered into transaction during the year in the ordinary course of business;

(i) Directors & Their Relatives .

Name of Directors Relatives of Directors

1. Dr. S. K. Khatri

2. Dr. Satya Prakash Mittal Dr. Umang Mittal

3. Sh. Premjit S. Kashyap

4. Dr Gyan Prakash Elhence Dr. Anil Elhence

5. Dr Surendra Prakash Gupta

6. Dr V. S. Phull Dr. Amrit Phull

7. Sh. Abhimanyu Arora

8. Mrs. Meenakshi Elhence Dr. Anil Elhence

(ii) Associate Concerns

M/s Dhanvantri Path & Scan Centre Pvt. Ltd. M/s P.S.K. Consultants Pvt. Ltd. M/s Kashyap & Co.

4. That in the opinion of the Board of Directors, the current assets, loans and advances have a value on realisation in ordinary course of business at least equal to the amount at which they are stated. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

5. That as informed to us and in accordance to the details available with the company, it does not owe a sum exceeding Rs. 1,00,000/- which is outstanding over a period of 30 days to the Small Scale Industrial Undertakings as defined under clause Q) of Section 3 of Industrial (Development & Regulation) Act, 1951

6. Previous Year figures have been regrouped / reclassified and recast wherever applicable, to confirm to the current years presentation.