Prudential Pharmaceuticals Ltd has informed that in the limited review report of the Company for the quarter ended June 30, 2007, the Auditors of the Company have made the following observations:
Being quarterly closing, the Company has not accounted for taxes on income as required under AS-22 i.e. Deferred Tax and Income tax, and also the impact of the revised AS 15 Employee Benefits. As informed, the same will be considered at the time of year end finalization.
Thursday, September 13, 2007
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