Wipro Annual Report 2.Standalone Financial Statements Under IGAAPIndependent Auditors Report.To the Members of Wipro Limited.Report on the Standalone Financial Statements.We have audited the accompanying standalone financial statements of Wipro Limited the Holding Company and its subsidiaries collectively referred to as the Group, comprising of the consolidated balance sheet as at March 3.Managements Responsibility for the Standalone Financial Statements.The Companys Board of Directors is responsible for the matters stated in Section 1.Companies Act, 2.Act with respect to the preparation and presentation of these standalone financial statements that give a true and fair view of the financial position, financial performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 1.Act, read with Rule 7 of the Companies Accounts Rules, 2.This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities selection and application of appropriate accounting policies making judgments and estimates that are reasonable and prudent and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.Auditors Responsibility.Our responsibility is to express an opinion on these standalone financial statements based on our audit.While conducting the audit, we have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made thereunder.We conducted our audit in accordance with the Standards on Auditing specified under section 1.Act. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement.An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the consolidated financial statements.The procedures selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error.In making those risk assessments, the auditor considers internal financial control relevant to the Holding Companys preparation of the consolidated financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances.Billing Software With Vat Kerala Commercial Tax' title='Billing Software With Vat Kerala Commercial Tax' />An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Holding Companys Board of Directors, as well as evaluating the overall presentation of the consolidated financial statements.We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements.Opinion. In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 3.Report on Other Legal and Regulatory Requirements.As required by the Companies Auditors Report Order, 2.Order issued by the Central Government of India in terms of sub section 1.Billing Software With Vat Kerala Commercial Tax' title='Billing Software With Vat Kerala Commercial Tax' />Act, we give in the Annexure A, a statement on the matters specified in paragraphs 3 and 4 of the Order, to the extent applicable.As required by Section 1. Microsoft Sense And Respond Strategy War on this page. Act, we report, to the extent applicable, that We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books The balance sheet, the statement of profit and loss and the cash flow statement dealt with by this Report are in agreement with the books of account In our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 1.Act, read with Rule 7 of the Companies Accounts Rules, 2.On the basis of the written representations received from the directors as on March 3.Board of Directors, none of the directors is disqualified as on March 3.Section 1. 64 2 of the Act With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such controls, refer to our separate Report in Annexure B and.Report on Other Legal and Regulatory Requirements continuedWith respect to the other matters to be included in the Auditors Report in accordance with Rule 1.Companies Audit and Auditors Rules, 2.The Company has disclosed the impact of pending litigations on its financial position in its standalone financial statements Refer Note 3.The Company has made provision, as required under the applicable law or accounting standards, for material foreseeable losses, if any, on long term contracts including derivative contracts Refer Note 3.There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company.BSR Co. LLPChartered Accountants.Firm registration No.W W 1. 00. 02. 2Vijay Mathur.Partner. Membership No.Bangalore. June 3, 2.Annexure AThe Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.The Company has a regular programme of physical verification of its fixed assets by which fixed assets are verified in a phased manner over a period of three years.Billing Software With Vat Kerala Commercial Tax' title='Billing Software With Vat Kerala Commercial Tax' />Other Category Not Listed Complaints MINATI SAMADDER.Posted On 20171022 224526 I AM A LPG CUSTOMER OF BHARAT GAS UNDER BALARAM DISTRIBUTOR,CONSUMER NO B.Mudra Loan Pradhan Mantri Mudra Loan Yojana PMMY Details Apply, Documents Required, Banks, Interest rates.Department of Sales Tax bags FIRST PRIZE in Rajiv Gandhi Prashaskiya Gatimanata Pragati Abhiyan Spardha2014 for its CDA project The Sales Tax Department bags.In our opinion, this periodicity of physical verification is reasonable having regard to the size of the Company and the nature of its assets.In accordance with this programme, certain fixed assets were verified during the year and no material discrepancies were noticed on such verification.According to the information and explanations given to us and on the basis of our examination of the records of the Company, title deeds of immovable properties are held in the name of the Company.The inventory, except goods in transit, has been physically verified by the management during the year and the discrepancies noticed on such verification between the physical stock and the book records were not material.In our opinion, the frequency of such verification is reasonable.During the current year, the Company has not granted any loans, secured or unsecured to parties covered in the register required to be maintained under Section 1.Act. However, in an earlier year, an interest free loan was granted to a party wholly owned subsidiary covered in the register maintained under Section 1.Act. The Company has not granted any loans, secured or unsecured to the parties covered in the register maintained under Section 1.Act during the current year.In the case of a loan granted to the party listed in the register maintained under Section 1.Act, the loan is interest free and the principal is repayable on demand and the Company has not sought repayment of the loan during the current year.There are no overdue amounts in respect of the loan granted to a party listed in the register maintained under Section 1.Act. In our opinion and according to the information and explanations given to us, the Company does not have any transactions to which the provisions of Section 1.The Company has complied with the provisions of Section 1.Act, with respect to the loans, investments, guarantees and security.The Company has not accepted any deposits from the public.The Central Government has not prescribed the maintenance of cost records under Section 1.Act, for any of the products or services rendered by the Company.Ashish Chakraborty issuu.Published on Apr 1.
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