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PLAGIARISM SCAN REPORT

Date 2021‐11‐29

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THE COMPANY:‐
INDIAN TERRAIN FASHIONS LTD:

History:‐
Venky Rajagopal dispatched Indian Terrain Fashions Ltd. fully intent on conveying incredible brilliant relaxed attire to men
in India. Indian Terrain Fashions Ltd. was established in 2000 and isolated from its parent firm, Celebrity Fashions Limited, in
2010. In September 2015, the firm dispatched the "Indian Terrain Fashions Ltd.
Kid" brand to suit the developing interest for brilliant relaxed clothing for young men matured 4 to 16. Young men's
shirts, shirts, pants, shorts, winter apparel, and denims are among the things in the assortment, which arrive in a scope of
plans also, designs. Shirts, pants, sews, coats, and sweaters are presently accessible from the organization. Clothing also,
way of life products from Indian Terrain Fashions Ltd. have an energetic disposition to coordinate their similar customer
base. On September 9, 2009, Indian Terrain Fashions Ltd. Styles Ltd was framed as an auxiliary of Celebrity Fashions Ltd. VIP
Fashions Ltd's Indian Terrain Styles Ltd. section was given to the firm on a going concern premise on September 1, 2010,
according to the plan of course of action, producing results from April 1, 2010. During the 2010‐11 financial year, the firm
settled 20 new selective areas. With impact from March 11, 2011, the organization's portions were recorded on the
Bombay Stock Exchange ﴾BSE﴿ and the Public Stock Exchange ﴾NSE﴿

Circumstance:
For this venture, we have thought about the budget summaries of the monetary year 2015‐2016. Subsequently the
situation of the organization while it's AGM, as per their evaluator is:
In light of the Company's structure of inner monetary controls and consistence frameworks, work performed by inner,
legal, and secretarial evaluators, and outer advisors, counting the legal evaluators' review of inner monetary powers over
monetary revealing also, surveys performed by the executives and applicable board advisory groups, including the review
council, the board accepts that the Company's inward monetary controls and consistence frameworks are sufficient.

ANALYSIS:‐
In relation to the notes of accounts of Indian terrain fashions ltd. hereby attached, the accounting standards 1, 2 and 9 are
followed by the company. analysis of the accounting standards:

AS‐1 DISCLOSURE OF ACCOUNTING PRINCIPLES:‐

In the fiscal reports, all data of the organization is given by the fundamental standards of bookkeeping in agreeing with
pertinent monetary detailing structure. These fiscal reports are arranged utilizing the chronicled cost show on a gathering
premise in India, in consistence with Generally Accepted Accounting Principles ﴾GAAP﴿. GAAP alludes to the compulsory
bookkeeping norms set out in Section 133 of the Companies Act, 2013 ﴾'Act'﴿, just as Rule 7 of the Companies ﴾Accounts﴿
Rules, 2014, the Act's arrangements ﴾to the degree reported﴿, and the Securities and Exchange Board of India's direction
﴾SEBI﴿. But when a recently delivered bookkeeping standard is initially acknowledged or an update to an existing
bookkeeping standard requires an adjustment of the bookkeeping strategy currently set up, bookkeeping approaches
have been consistently carried out.

AS‐2 INVENTORY VALUATION:‐

The lower of cost or net feasible worth is utilized to esteem natural substances and parts. The referenced expense is
determined utilizing the Specific Identification Method. Completed products and work in progress are esteemed at the
most minimal of cost or net feasible worth. Uses of transformation and different expenses associated with moving these
inventories to their present area and condition are remembered for the expense of these inventories.

AS‐9 REVENUE RECOGNITION:‐

Just when dangers and advantages related with proprietorship are passed to the client, can be precisely evaluated, and last
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assortment is normal, is income recorded. Deals ﴾net of exchange limits and refunds﴿ are remembered for income from
tasks since they are accounted for at the point when the essential dangers and advantages of proprietorship are moved.
Deals Memos got from proctors are utilized to represent transfer deals. The dates of the Bill of Lading and other
conveyance papers as determined in the agreement are utilized to represent trade deals. Deals Assessment and Value
Added Tax are excluded from homegrown deals. Send out benefits are accounted for in the time of commodities when
they are qualified and there is almost certainly about getting them. Benefit on venture deals is determined as the
distinction between the deal cost and the conveying worth of the venture at the hour of move of title from the Company.
Interest pay is determined on a period corresponding premise, thinking about the sum owed also, the fitting rate. At the
point when the Company's qualification to get profits is made, profit pay is recorded.

Matched Source

Similarity 25%
Title:The State of Fashion 2019 ‐ McKinsey
Sep 20, 2018 — The State of Fashion 2019 marks the third year of an ongoing partnership between The. Business of Fashion and McKinsey & Comp
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