K M Global Credit Private Limited CIN : U65999MH2018PTC308921 Creditfair ANNUAL REPORT 2019-2020sreveraoa0 hips iiortalincometaxinciafiing gavinie-BinghyAccountpeanormAck hl BS e-Filing syeoremyine Income Tax Department, Goverment of India. ACKNOWLEDGEMENT OF RECEIPT OF FORM (Other Than ITR) K.M. GLOBAL CREDIT PRIVATE Name LIMITED PAN AAHCK0923G Form No 3CA Assessment 2020-21 Year e-Filing Acknowledgement Date of e- ai Number 978284591311220 Filing 31/12/2020 For and on behalf of e-Filing Administrator (This is a computer generated Acknowledgment Receipt and needs no signature) "Click (6 Print the RéGeipt Click here t6 Close the window Fipsztporta ncometasindlaertng gowinte-FalngmiyccountpiormAck nim! “FORM NO.3CA {See rule 660)(0)) Audit report under section 44AB of the Income-tax Act, 1961 in a case where the accounts of the business or profession of a person have been audited under any other law |. We report thatthe statutory audit of _K.M. GLOBAL CREDIT PRIVATE LIMITED 4TH FLOOR, SURYA MAHAL ,5.B MURJORTBHARUCHA MARG, FORT, MUMBALCIT MUMBAI, MAHARASHTRA 400001 AAHCK0923G_ was conducted by Us KPMR& Co, Chartered Accountants in pursuance of the provisions of the Campanigs Agi 201A Act, an We unnex hncre to a copy of Our audit report dated 18/12/2020 along with a copy each of {a) the audited Prafit aud Joss account for the period beginning fiom OUOY2019 to ending on 31/08/2020 (b) the audited balance sheet as et, 3103/2020 and (©) documents declared by the said act to be part of, or annexed fo, the Profit and le gecount and balance sheet, 2, The statement of particulars required to be furnished unser section 448 is annexed herewith in Form No, 3CD. 3. Our opivion and tothe best of Our information and according to examination of books of account including other relevant documents and explanations given to Us the particulars given in the said Form No. 3CD and the Annexure thereto are true and correct subject ta Ure following observations/qvalifications, f any. Where any of the requirement in the Form is answered in the Negative or with qualification, give reusons therefor St Qualification Type Be oavaanda 1 IN “ : Place Mumbai : : ( V\ Date sunny Membership Number ee _ FRN (Pirm Rezistation Number) WOT Adress PANDURANG SADAN OPPOSITE MO Bn E JLPARLE(EAST),FORM NO. 3CcD. [See rule 6G@)] ‘Statement of particulars required to be furnished under section 4A of the Incomestax Act, 1961 (1_[Name of the assessee KM, GLOBAT, PRIVATE LIMITED, 2 Address STH FLOOR SURYA MAHAL ,5, WHURJORI BITARUCIIA ‘MARG, FORT, MUMBAI CIT, MUMBAI, MATARASIITRA 2 400001 3 [Permanent Accouat Number PANT NAHCROSESG Whether the assessee is Table to pay indirect tx like excise Yew duty, service tax, sales tax, goods and services tex,customs| Jdutycte i yes, please furnish the registration number of,GST Jnamber or any other identification number allotted for the IS} Type Rogistetion Number No. T_~ Good and Serviews tax _MIAHARASTTRA ‘ZIAATICRODESCIZP 3 [Saas [Company [6_| Previous year from OATS Fo STASI 7 [Assessment Year Bay 8 Indicate the relevant clause of section 44AB under Which The audit hus been Condosted [SI [Relevant clase of section 44AB under which the audit has been conducted No, - {i___| Third Proviso to see ANT Audited uiider ay ofher Taw oI 18 {a [Whether the assessce hes opted for taxation undef section I TSBATISBAATISBAB No ‘Section under which option exercised e 9a [If firm or Association of Peisons, indicals names OF pasiners/memibers and their profit shaving Fatos. Te case lof AOP, whether shares of membors are indeterminate or unknowa SN. ‘Naine 7 . [Profit Sharing Ratio (%) IR = 5 [9 [bit there's any change in the pariners or members Gr iv Thee prov shaving Taio since the last dale oF the preceding year, the particilas of such change. a 5 ~ [Remarks SNo.[Datoioe change — Namie “of, Partner] Type of[Old profi] : s|Member, os. lehaige Ratios Ys Z ness oF profession is caved on during the provisos year, nature Sub Seton Cale J Other financial iateriedlation wees mee. [TSU TO[B if there is any change tthe nature of business oF profession, the particulars af such change No S.No. [Business Sector [Subsector Cade Yj IN T1]a__[Wheihor GooKs of aéeounts ate prescribed under wetion GORA, Wyss, ist of books so prescribed No SN. [Books prescribed TI[b~ [st of books of account maittained and the address at which the Books of accounts are Kept (Tn cave Books oF Secon are unaintained in a computer system, mention the books of account generated by such computer system. Ifthe books of 'accotats are not kept at one location, please fusnish the addresses of locations slong with the details of books of aecousts| maintained at each location.) Same as U1(a) above No. Books maintained [Address Line? [AgdrewLine3 [City “oF Towa [Sule [Pinas [District I 1 Bank Book (Comput FEM ELOOR , SURY |S, BHCTIOREETAR | MUNIHAT IRWARA |a00001 erled) AMAUAL [UUA MARG, FORT SHTRA MUMBAI CIT [2 |i Book Comput /TTPLOGK, SURV |S, BHURJORI REAR MOMBAT ‘NATIARA HO aed) AMATAL UCHA MARG, FORT SuTRA | MUMBAT cir 5 [Journal Computer | STHFLOOR, SURV |S, BHUITOR BHIAR | MUMBAT rRHRARA 7 aTO00T fea) A MAIIAL ‘UCIIA MARG, FORT MUMBAI CIT a Leiger (Cofmpatere 4TH PLOOR, SURY |S, RUURJORT BITAR | MUMBAT eo) A MAHAL. UCHA MARG, PORT.¥ [Purchases Register ( JATHFLOOR, SURY |S, BHORORI BHAR [SIUMEAT ‘MATARK [400007 Computerized) = A MANAL, UCIIA MARG, FORT SHTRA MUMBAI CIT [6 _[Sules Register (Comp STH FLOOR, SURY |S, BUURIORI BAR [MUMBAT MAHARA 400007 terized) A MAHAL ‘UCHA MARG, FORT SHTTRA MUMBAI CIT Ii|e_ [List of books of necount and nature of relevant documents examined, Same as 11(b) above [Books Examined Bank Book [Cash Book [Journal Hedger = Parelanes Regintor 12} Whether the profit and Toss secount includes any prolis and galas atseatablo on prosumpilve basis: yes, indiouio No the amount and the relevant section (44D, 44ADA, 44AB, 44AK, 4B, 42BB, 44BBA, 44BBB, Chapter XII-G, First Schedule or any other relevant section). [S.No [Section [amount Na T3ja__ [Method oFaccouniing employed in the previous year] Mercantile Gate T5/b__|Wheiher tere has been any change in tie method oF accouaiing employed vig-a-vie te method employed in| No the immediately preceding previous year. i3[e [anor (above isi he timaive, pve dis oT auch change and he ated eeoT on We OTA Ta Particulars [increase in'profi(Rs) [Decrease in prot) T3|d_ | Whether aay adjustinent is required 6° ade TERT or TO Tor comping Wid Ue provision No income computation and disclosufe standgrds adtitied under'Seetion 145(2). 13/e —}TFanswer to (@} above is inthe affirmative, give deiails of sucradjustmenis SSINo. [ICDS “Tinerease in profits) [Decrease im pros) [Net eens.) Total T3{f__[Disclosareas per ICDS. SNe. [ICDS Ten Disclosure T [TODS T- Accounting Policies = [As ber soning polite & notes To Rancial Wateinents 2 [TCDS T= Vatoation of faveutories ~~ [RA 3__ [ICDS THT= Construction Contracts Na TODS IV Revenive Recognition CSU]AS Ber accounting putetes potest Tanta Tatements ‘S”1CHSV > Tanibie Fixed Asien TTT [Aspe hed Abas and epee Cat onexed is FORD | [ICDS Vir Govergments Grants = Pie a 7 HEDS 1X Borrowing Costs

[ROWAN SH /s558, JOLLY 00 ‘00000 Ves-Bank —|Recount payed ‘AHL MAKER CHA ‘ draft cheque MBER, II, NA RIMAN POIN, 't, MUMBAr. soo if [SAMRAT TA )2077, RAIPUR et) "7S00000| Yes-Bank [Account paye IN ROAD, CIVIL arate cheque LINES, DELI, Tras Parioular® oF each specilied sm ta ef rrouTT exteedTag the Himit specified ih section OUST elton oF wceepted during the préious years, wee pia : S.No Bermanent |Ambunt [Whether the]In ease” —ahe| fAceatint fof .."", specified sum specified sum was, [Number (if specified [was taken or/taken or accepted ayéilable “sum accepted by [by cheque or bank o/h” the|taken or/cheque or bank|dratt, whether the egg, A lassessed}oflaccepttd {draft or uselsame was taken of ee Nhe person! lof electronicjor accepted by we frorihom| clearing system |an socount payee specified ‘through @ bank|chegue or an sum is secount nccount payee received Dank deat, IT (Particulars at (a) and (b} need not be given To the ease of a Government company, a banking company oF a Corporalion eslablished by a Central tate or Provincial Act) Sifb(a) [Particulars oF each recep in an ammount exceeding the Timit speelfied in Section 26OST, in @GUTeGUS fom 5 person Ta say orn respect of a single narsacton o in respect of transactions relating fo one event or oFeason fromm param, uring the previous year, where such receipt i otherwise than by a cheque or bars drat or une of electronic clearing sytem tout a hank account = S.No. | Namo of the] Adres of te payer Permanent Accom] Nowwe oF] Amaund oF Recep Date — of Payer Nomber—-Gffuanseetion reotit svilable with the jassessce) of they i [Payer ‘31 ]b(b) [Particulars of each receipt in an amount exceeding the mit specilied in seatlon 26 a day or in respect of a single transaction or in respect of transactions relating to or received by a cheque or bank draft, not being an secount payee ehegue ora previous year if [EUs Tee a Ths Bases TRA TREE REO 8 ROT Ty Abn ce ora a person,TI] b(e)[atiieilas of each payment made ina amount exccoding the Timi spectied in section 380ST, tn aapTeHate w & person} inva day or in respect ofa single transaction or in respect of transactions relating to one event cr oceasion io a person, ‘otherwise than by a cheque or bank draft or use of electronic clearing system through a bank account during te previous yeur= [SNo. [Name of e[Addres of ~ihe|Permanent Account] Nawure of] Amount Dae Payee [payee Number Ci] transaction Payment Poyment avaliable with the assossoo) of the! Payce | 1] [Particulars oF each payraent in an tmndunt exceeding the limit specified i section 26987, in aBTeEATS To b PaIGOR Teal day or in respect of a single transaction or in respect of transactions relating to one event or occasion to a person, made by a cheque or bank draft, not being an account payee cheque or an account payee bank deal, during the previous year S.No. [Name of the Payor ‘Adiress ofthe payee [Permanent Account? Amount of Payment ‘Number Gf available with the assessce) of the Payee (Partcnlars at (bap, (bb), (Ge) and (bd) need wor be given athe case of receipt by or payrnent toa Government Company, a bani | Company, a post office savings bank, a cooperative bank or inthe case of transactions referred to in section 2698S or in the case ot persons refered to in Notification No. 8.0. 2065(6) dated 3rd July, 2017) S1]e [Particular oF each repayment of Toa or depositor any specified advance Tia amount exceeding the Tint speoTcd in section 2697 made during the previous yeurt— S.No. [Name oF the) Address of te payee [Permaneny Amour@aximam |Whather”the]In case the Tepaynen payec Account. Jof the|amount repayment | was made by cheque or © |Numbertifrepaynfenastunding injwas —made|bank draft, whether the _[avaitable he account{by cheque|same was repaid by an withthe’ it any time|or —_bank| account payee cheque or during the}draft or usc|an account payee. bank predious year lof clectronic| raf. clearing system ‘through | e SE) [bank account, ¢°TADERYA DA NT, BEAUMIONDE, [AGIUDY | IBID MANT—|C WING, APPA, SAIT eR MARATHE MAR Cs G, PRABITADEVI, M. Leaf [OMBar 400035 <{E°°" DEEPA” TAT) 6D, HARMONY, BR, % NG Yes-Bank ~|Kecount payee bank: draft, faratt 0 ‘Yes-Bank "Account payee bank’ E-MOSES ROAD, W. draft ‘drat ORTENAKA, MUMB i AL 001i. { IS |ROWAN SH/Ss/58- JOLLY MARE| ‘Yes-Bank [Account payee bank JAH. |R CHAMBER, 1, NA] |dratt draft RIMAN POINT, MU [MBAT. a0002t Pariculars of repayment of loan or deposit of any specified advance in an amount exoceding the Timi specilied im section 2G9T received otherwise than by a cheque or bank draft or use of electronic clearing system through a bank account during the previous year— [SNo. Name ofthe payer [Address of the payer Permanent Account Number (iTAmoumt of “repayinenl] lavailable with the assesseeof the of oun or deposit or payer any specified advance received otherwise than by a cheque or bank ‘draft or use of electronic clearing system through a bank account during the L previous year Si ST]e | Particulars of repayrient of loan or depositor any specifiod advance nam amiouiat exceeding the limit spocilid fa section 2697 received by a cheque ot bank draft which is not an account payee cheque or account payee bank draft during the previous yeur:— S.No. [Name of the payer [Address of the payer Permanent Account Number (if] iment] availabe withthe assesscc)of tl ao o° payer antes Nc “0, be Amel ‘ar ene (bes tat Lyaccount payee bunk dati during the previous year. NT Note: (Partielars at @). (@ ard (@) need nok be given Ta the ease of a ropaymont OF any Toan oF any doposit or specified advance teken or accepted from Government, Government company, banking company or 4 corporation established by a Central, State jor Provincial Act) 33[a [Details of Brought forward loss or depreciation allowance. inthe Following manner, fo extent available S.No. Assessment [Nature of loss/aifowance [Amoun{All [Amount] Amount as assessed] Remarks Year as losses’ [as (give reference 10) retumed llowandasjusted| relevant order} not [by [Amount] Order US ad ] allowed] withdrayjad | Date under Jot —— |assessea| section additions} HISBAQ deprecialion on secount of opting for rexation funder section LISBAACTo betilted in for ‘assessmnént ‘year 2020-21 only) 0] TOROSFO) FIST TAS por Order praise 201920 UPLOSS <0 0} 288489] 1971272019 | As per Order 2b _ | Whether a change in shareholding of the company has taken place i the previous yeat due to which|No ‘the los3¢s, ncurved:prior tothe previous yeat cannot be allowed to be cartied forward in terms of| Igection 79% 2S some _ - ae? ST]e_“ [Whether the assessee has iSirred ny speculation Togs referred to in section 73 during the previous year. [No “yes, pleaselurnish the... = ee elas below “go oe 33]d | Whether the assessOe has Incuied aipTOw ion, TBAT ves S]No during the Previous year srs. = yes, please furnish details ofthe sme aks cs B2]e _ [Invcese of a company, please state that whether the company is deemed tn be carrying ow @ speculation business] No ss referred in explanation to seedion 73 Aye, please Furnish the dais of speculation Tos any incurred during the previous year [i [Section wise details of deductions, if ang adiisibie WAder CRapler VIA or Chapler I ection FOA, Seaton 1OAA)[No [S3No. [Seotion TAmoune Ni [Bafa —] Whether ie awensce 1 roquirod to deduct or COMGE ak We pa the rowsions OF CHaper NVILB or Chapter] Wes IXVIIBB, if yos pave Furnish SNo [Tax [Section [Nauure of[Toal —fToal—]Toial” Amount” [Toul Amount of deduction payment [amount of}amount amount fof — tax|amount and payment jon which|on which deducted [on which| deducted |deducted or collection Jor receipt|tax wast was|or Account lof the|required [deducted jeollectod [Nomber nature [to beor out of (6) (ray) specitied | deducted collected in columea jor at 3) collected specified ‘out of (4) |rate out of] 9)iT MUMK28 1192, [Salary CAR6IES| 1057477] 1087477) 137700} a 0 0 267 zu NS rapt ~2onnOS] TAR TARR] — TSE a a v 268 to canta ors 5 | RARE ToT | ConaeT| —T0s99) —ana] ——naao) a4 3 a a er Jon or brak erage fo antsaRaR DAK [Interest of] FET] —sa320) — sagB5] "SS a D o aor her than I terest en securities 5°77] HUERTA — [Pees for pi] —TeB97I0] —TeoNTV0) —1e97BO| — Tea o D 7 261 fessional jor lectin al services Sapp 7 the aswoaneo Is required to Furnish the statement of tax deducted or lax collected. If yes, Please furnish] es the details ‘S.No, |Tax deduction| Type of Form Duc date for|Date of] Whether the statement of] if” ot, please! and collection famnishing |furishing, ae deducted or colleted|furish "ist of [Account it furnished contains information sbout| details [Nurnber (FAN) all detailstransactions| transactions which | fwhich are required to belare not reported reported 1 | MUOMRERROTE [350 SUT ITNT | Ves 2 |MUMRaa267iE 3230. Sram friaz019-lVes s| MUMECHRem [230 7 anurans ls usar [240° Sugsa0n0 [200773020 | Yes jf | MUMKaS2678 260 sian» [sar7a019 [Yes 6 |RIUMKGNROTB 7250 sivio01s 1971072019" Yes f7— | MURAKae67B 260° svom020. 200172020 Yes ff] HURIKN67I 260 SiAs/z000° | 25067020" Yeos Whether the asessee fy Wable pay nferest under setion 201(TA} or Seciian TORT) TF em, planss Noah | Ves ISNo.[Tax deduction arel-Gollecion[Amount oF inieret| Amount paid out of column ¢2) along wath date ol Account Number (TAN). funder section| payment. _| % 201CLAV206C(7)_ is] Amount. Dates of payment sifonafe a Shpayable. SF oe a | oe “hr | Munaaz67 a ames TATOO 27 [MUMR282678 Ol TaTORUTS [5 [MUNK R6TB ai 6 2/012020 [RUN S267B E 7 7 cara ——— ls MrUNTReRRaeTR ae av osmmreao 35] [In the case of « trading concern. give quantitative details of prinicipal items of goods traded. 'SNo.]itemNeme {Unit (Opening TPurchas{Saies” [Closing stack | Shortage stock des. [during lexcess, during. the it eny the |previow previous your year Na 35] Ine case ofa manufacturing concern, give quantitative detlls OF ie principal Rems OF Faw materials, finshed products and by-products :- 5/A [Raw materials [S\No.[ltsm Name” [Unit [OpeninfPurchases —_—_[Consumpt-[Sales [Closing | "Vieid | *Fercent]Shonuga stock [during thelon duringlduring |stock jof age of excess, Iprevious year [the the, finished) yield [if any previous |previou products year year | Ni 35[BB_|Pinished products = [S.No [Item Name ]Unit__[OpeningPurchases | Quantify stock [during the|manufactar] previous year Jed duringNit S]BC [By prodoers ‘S.No.]ltem Name JUnit OpeningPurchasos [Quantity 7Sales daring the] Closing stook [Shortages stock [during the/ manufuetur: previous year excess, [previous year [ed during ifany the previous year NT 36) Tn the Case OF domesile company, detalls of tax on distributed profits under seoton L15-O Ta the folowing forma S.No. [(a) Total amouni|®) Amount oF (6) Amount of](d) Total tax paid |(e\Date of Payment with Amounts lof distributed reduction as}reduction _as/therean Kemount ‘Dates of payment profits referred 10 injreferred to in) section 115-|section —115- ona OMA) |A(@) | Whether the assessee has received any ammount in the Gature of dividend as referred to In subsclause (e) of No [clause (22) of section 2 ‘AQ)__Ifyes, please Furnish the TolTowing details S.No] Amount received Ga Ra.) Date ofreesipi ‘Ni 37] Whcther any cost audit was varied out [Ne tyes, give the details. any, of disqualification or disagréeinent on any| :natter/itern/value/quantity as may be Feported/identified by the cost aucitor| 38] Whether any audit was corducted under the Genteal Excixe Act, 145 No Te yes, give the details, any, of disqualification OF disagreement on any] naterfter/vaiuetquantity as na) be reportedidentitied by the auditor.‘ '39] Whether any audit was condicied under section 724 of the Finance AGY,199% in velalion to valuitfon of taxable] No scrviges as may be reported/identified by the auditor, 1 iF yes, give the details, iF any, of disqualliewion of disagreement om any mattevitem/valueiquantity as may be reportedfdeitified by the auditor [20 | Details regarding turnover, 7058 prof, ee, forthe previous year and preceding previous year NoParticulars [Previous Year = Prevediig previous Year a [Total wo ? FIB6S89 of the assessbe sagt B [Gross profit PRESB ‘Teribyer : je [Net wom 7 TaGa3354) PBS) TLIC “Turnover i ps [Sivek TOCASIST FIRGSED | Trade fg ee Tumover [Material a doe Jconsumes? Finished poods [produced (Tne details reqtired 16 be Tunished for principal ems of goods traded Or mnnufictured of serviees rendered) |4t] Please Tomish the details of dentand raised or refund issued during the previous eae Under any Tax laws other than Income" {tax Act, 1961 and Wealth tax Act, 1957 alongwith details of reievant proceedings S.No. [Financial year to[Name of other Tax]Type _(Demand|Date of demand] Amount Remarks which demand taw raised/Refund | raised/refund efind relates 10 received) received iT [32] A@)| Whether te assesses is required fo Tiaish stfemen! in Form Nol or Rona No. 6iA or Form NO.OIB? [Vas AG) yes, please Furnish the Following details: ‘S.No[income-tax [Type of/Due date for] Date of furnishing, | Whether the Form| IF nov, please Tumis [Deparment Form fumishing [if furnished contains information/list of the details [Reporting about al Entity transactions dentificatio required to Number43] AG@)| Whether the assesses or is parent entity or alternate reporting eatity 8 Table to Tarnish the report as referred|No to in sub-section (2) of section 286 (AGBI[IF yes, please furnish the following detalles: [S1No] Whether report has|Name of parent entity [Name of alternate |Date_ of furnishing] been furnished by reporting entity (if|of report the assesseo oF its applicable) parent entity or an | alternate reporting, i; entity [AG)[TENot duc , please cnter expected date of furnishing the report lid |Bivak-up of total expenditure of ealties registered or not registered under the GST {This Clause i Kopt abeyance ill 31st Mazch, 2021) [SINo] Tora! amount Expenditure in respect of emiticeropisered under GST Bipenainare of Expenditure Relating to goods Relating wo entities] Relazing to [Total payment o|refating to entities incurred duringlor —services/falling—_under|other registered entities [not registered under the year Jexemp: —fromjcomposition registered ost cst, scheme entivies Place ‘Mumbai Name Sandeep P Rajgor Date mun2en20 S MembershipNamber 122739 FRN (Firm Registration Number) O10da97w “Address NG SADAN, OPPOSITE MO ORY vine at S ANUMAN ROAD , Mumbai, M/ SHTRA , 400057, Form Filing Details E evisiow Original 5 ="Rdition Details rom Point Noa F [Desorption SSAYDate”pat a “Adjustment on accoult of [Total Amount Block of Assets Purchase "fuse BMODVAT. [Exchange [Subsidy . on # Rate (Grant ys af Change [Plant ‘R(T Fosa019 [ram a vi 7 TOT [Machinery @ 40% |_| 30/08/5019 —[2OORTRO1T o o) v eas 3 LINBO [380972019 a 0 o S75 la nROarET | TRIOATOTT o 0 v T1598) Is SrRranT9 | 270872019 a 0 a ay i iat [ravt2019 a 0 0 23895 7 aera [18/12/2019 a 0 a 26340 '5___jiev10n019 terior a ® a 7088 9 frwizn019— [1a/t22019 15785) @ 3 a 13749] 10 owonr2030 [60273030 34073} 0 a; a 073 Tr [omas72026|oeros/3020 11959) a a 0 13999] 12 [episod |FSvTESOTS a) 0 a v 18000) is [ieoda0i9j1omsn019 38600} 6 9 o 600) 14 [OFATAOI9 —{OTALAOI9. D601 a a a 20601 "Toial af Plant & Machinery © 40% TSR lant = 1 Machinery @ 15% Total of Plant & Machinory @ 15%Deduction Details(From Point No. 18) [Description of Block of Assets Si.No Date of Sale ete [Amount [Plant & Machinery @ 40% [Total oF Plant & Machinery @ 40% ai Pian & Machinery @ 15% L ‘Total of Plant & Machinery @ 18% | from IP Address 105.209,200.6 on 2020-12-94 17:12:06.0 . Dsc Si No and issuer 2651837585909251524CN=SafeScrypt sub-CA for RCAI Class 2 2014,0UsSub-CA,O=Sity [Technologies Limited,C=IN | This form has been digitally signed by SANDEEP PRAVINCHANDRA AAJGOA having PAN AFVPRILIZH |E LIM: Assessment Year 2020-24 Annexure -Forming Part Of Form 3D. Clause 13(f): Disclosure as per ICDS Disclosures Remarks/ observations ICDS - I: Accounting Policies ‘Ail significant accounting policies pertaining to ICDS notified u/s 145 (2). Refer Annexure ICDS Policies Change im accounting policy having material effect, amount by which an item is affected by such change, if amount is not ascertainable, the fact thereof. If no material effect in current PY, but reasonably expected to have a material effect in later PY's, the fact of such change shall be appropriately disclosed in PY in which the change is adopted and in the PY in which such change has material effect for the first time. There is no change in accounting policy of the Company as compared to previous year having material effect. Fundamental accounting assumption of going concern, consistency and accrual are not followed, the fact should be disclosed with reasons. There is no deviation in following the fundamental accounting assumptions. Icbs - 1: Valuation of Inventories The zccounting policies adopted in measuring inventories including the cost formulae used. Where Standard Costing has been used as a measurement of cost, details of such inventories and a confirmation of the fact that standard cost approximates the actual cost; Not applicable Total carrying amount of mventories and its classification appropriate to a person Not applicable TCDS IV: Revenue Re ecognition Th a transaction Involving sale of goods, total amount not recognised a5 revenue during the previous year due to lack of reasonably certainty of Its ultimate collection along with nature of uncertainty. Wir ‘Amount of revenue from service transactions not NirK.MGLOBAL CREDIT PRIVATE LIMITED Assessment Year 2020-21, Ann =Forming P: Clause 13(f): Disctosur: Form as per ICDS recognised as revenue. Method used to determine the stage of completion of service transactions. Not Applicable For contracts in progress at the reporting date - @) costs incurred and recognised profits (recognised losses) upte the reporting date ‘the amount of advances received {ij the amount of retentions ICDS V: Tangible Fixed Assets Description of asset or block of assets Please refer Annexure to cause 18 Rate of depreciation of Farm no. 3CD. ‘Actual cost or written down value, as the case may be ‘Additions of deductions during the year with dates; in the case of any addition of an asset, date put to use; including adjustments on account of— (W) CENVAT credit claimed and allowed i) change in rate of exchange of currency; (iil) subsidy or grant or reimbursement, by whatever name called; Depreciation Allowable Written dawn value at the end of year TEDS 1X Borrowing Costs The accounting policy adapted for borrowing costs it The amount of borrowing costs capitalised during the previous year Nil TCDS %: Provisions, Contingent Liabil ities and Contingent Assets For provision, namely’ (a) a brief description of the nature of the obligation; (b) the carrying amount at the beginning and end of the PY; (c) additional provisions made during the PY, NilKM GLOBAL CREDIT PRIVATE LIMITED. Assessment Year 2020-21 Annexure -Forming Part Of Form 3CD i Josure as per ICDS. including increases to existing provisions; (8) amounts used, that is incurred and charged against the provision, during the PY; {e) unused amounts reversed during the PY; and (8) the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement. In respect of each class of asset and related | Nil income recognised: - (a) @ brief description of the nature of the asset and related income; (2) the carrying amount of asset at the beginning and end of the PY; (c) additional amount of asset and related income recognised during the year, including increases to assets and related income already recognised; and (d) amount of asset and related income reversed during the PY.IT PRI uy Assessm: 20: Annexure Forming Part Of Form 3CD Glause 13(f): Disclosure as per ICDS ANNEXURE ICDS POLICIES- Significant accounting policies which are fotlowed by the Company while preparing its Income Tax Return & getting its audit done u/s 44 AB of Income Tax Act, 1961, are as described hereunder: 4. ICDS-1 A.LIncome is computed considering the substance of the transaction or event and not merely by its legal form, 41.2Mark to market loss or an expected loss is not recognized unfess the same is in accordance with the ICDS provisions 2. ICDS-1I - valuation of Inventories : NOT APPLICABLE 3. ICDS-IV ~ Revenue Recognition 3.1 Interest on refund of tax, duties or cess is recognized as income in the year in which it is received. Other interest is recognized as income on time basis subject to right to receive. 3.2 Dividend is recognized as per the provisions of the Income Tax Act, 1961. 3.3 Revenue on sale of goods is recognized when the property in goods is transferred to the buyer for a price or all significant risks and rewards of ownership is transferred to the buyer end no effective control of the goods so transferred is retained. ‘3.4 Revenue Is recognized only when there is reascnable certainty of its ultimate collection and there is a right to receive. 4. ICDS-V - Tangible Fixed Assets 4,1. Cost of tangible fixed assets includes the purchase cost, import duties, direct attributable costs for making the asset ready for its Intended use and irrecoverable taxes. It also includes the cost on start-up and commissioning including test runs and experimental production. 5. ICDS-VI ~ Effects of changes in foreign exchange rates 5.1 Foreign currency transactions are recorded at the exchange rate prevailing on the date of transaction. 5.2 Foreign currency monetary items are converted at the end of the previous year by apalying the closing rate and in case of any settlement thereof during the year, the exchange difference on the date of such settlement is adopted. Such differential foreign exchange fluctuation is recognized as income or expense of the year, subject to the modications to Sec, 43A of the Act,LIMITED Assessment 21. Annexure ~| #f Fors 6. ICDS-IX - Borrowing Costs 6.1Borrowing costs on the funds borrowed specifically attributable to Qualifying Assets are capitalized to that asset from the date om which funds are borrowed 6.2 Borrowing costs, other than on borrowings for specific purpose, are capitalized to the Qualifying Asset as per the formula prescribed in ICOS-IX from the date on which funds are utifised. 6.3 Borrowing costs apart from those referred above are recognized as expense. 6.4 Capitalization ceases: - (a) In case of @ Qualifying asset, when such asset is first put to use and (b) In case of inventory, when substantially all the activities necessary to prepare such inventory for its intended sale are complete. 6.5Exchange differences from foreign currency borrowings is not considered as borrowing costs ICDS-X - Provisions, Contingent abilities and Cor 7.4 Provision is recognized when there is @ present obligation as a result of @ past event with a reasonably certainty that an outflow of resources embedying economic benefits will be required to settle the obligation and a reliable estimate ent Assets can be made of the amount of such obligation. Provisions are reversed if the outflow of resources Is no longer reasonably certain, 7.2 Contingent Liabilities and Contingent Assets are not recognized, However, in case where the inflow of economic benefit becomes reasonably certain, the asset and related income are recognized. Same is reversed if the infiow of resources is no oO é a ole dcp longer reasonably cartain.KPMR&CO Sx Chartered Accountants 203-A, Center Point Bulking, 100, Dr. Babasaheb Ambedkar Road, ‘Opp. Bharatmata Theater, Lalbaug, Parel, Mumbai - 400012. INDEPENDENT AUDITOR'S REPORT To the Members of K.M.Global Credit Private Limited Report on the Financial Statements ‘Opinion We have audited the accompanying financial statements of K.M.Global Credit Private Limited (‘the Company”), which comprise the Balance Sheet as at March 31, 2020, the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other explanatory information. In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financlat 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 31% March 2020, its profit and its cash flows for the year ended on that date. Basis for Opinion We conducted cur audit in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 (‘the act’). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management's Responsibility for the Financial Statements ‘The company’s Board of Directors is responsible for the matters stated In Section 134(5) of the Act with respect to the preparation of these 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 133 of the Act. This responsibility also includes maintenance of adequate accounting records in accardance with the provisions of the Act for safeguarding of 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. In preparing the financial statements, the Board of Directors is responsible for assessing the Company's abllity to continue as @ going concern, disclosing, as applicable, matters related to going concern and Using the going concern basis of accounting unless the Board of Directors elther intends to liquidate the ‘Company or to cease operations, or has no realistic alternative but to do so. ‘Those Board of Directors are also responsible for overseeing the company’s financial reporting process. Auditor's Responsibilities for the Audit of the Financial Statements Our objectives are to cotain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to Issue an auditor's report that Inctudes our opinion, Reasonable assurance Is a high level of assuranceysbut is not a guarantee that an audit conducted in accordance with SAs will always detect a“material misstatement when it exists.KPMR&CO x Chartered Accountants 203-A, Genter Point Building, 100, Dr. Babasaheb Ambedkar Road, ‘Opp. Bharatmata Theater, Lalbaug, Parel, Mumbai- 400072. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. ‘As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: © Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting 2 material misstatement resulting from fraud is higher than for one resulting from error, as fraud may Involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control, * Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate In the circumstances, Under section 143(3)(1) of the Companies ‘Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate internal fisancial controls system in place and the operating effectiveness of such controls. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. '* Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as @ going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as @ going concern. «Evaluate the ove-all presentation, structure and conte:tt of Ure financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and ‘events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the ptanned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal contro! that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them ail relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. Report on Other Legal and Regulatory Requirements AS required by the Companies (Auditor's Report) Order, 2016 ("the Order”) issued by the Centrat Government of India in terms of sub-section (11) of section 143 of the Act, we give In the “Annexure A” 2 statement on the matters Specified in paragraphs 3 and 4 of the Order.KPMR&CO Ox Chartered Accountants . 203.A, Conor Point Buing, 100, Or. Baboeaheb Ambedkar Roos, ‘Opp. Bharatmata Thealer, Lalbaug, Parel, Mumbai - 400012. 6. As required by section 143(3) of the Act, we further report that: a) we have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit. ) in our opinion proper books of account as required by law have been kept by the Company so far as appears from our examination of those books. ©) the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement with the books of account. 4d) in our opinion, the aforesaid financial statements comply with the applicable Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules 2014. @) on the basis of written representations received from the directors as on March 31, 2020, and teken on record by the Board of Directors, none of the directors is disqualified as on March 31, 2020, from being appointed as a director in terms of Section 164(2) of the Act. #) The Ministry of Corporate Affairs vide Its notification dated 13® June 2016 has granted exemption to some Private Company to have in their Auditor's Report, reporting on adequacy of internal financial controls system and operating effectiveness of such controls. Accordingly, this audit report does not include our opinion on adequacy of internal financial controls system and operating effectiveness of such controls; and g) With respsct to the other matters to be included In the Auditor's Report in accordance with the requirements of section 197(16) of the Act, as amended ‘The Company is the Private Limited Company, thus provisions of section 197 is not applicable to the company. fh) With respect to other matters to be included in the Auditor’s Report in accordance with Rule 21 of the Companies (Audit and Auditors) Rules, 2024, in our opinion and to the best of our information and according to the explanations given to us, we report as under; L. The Company does not have any pending litigation which can have any financial position of the company. |i, The Company did not have any long-term contracts including derivative contracts for which there were any material forceable losses. ill, ‘There has not been an occasion In case of the Company during the year under report to transfer any sums to the Investor Education and Protection Fund. The question of delay in transferring such sums does not arise. For KPMR&CO FRN : 104497W Chartered Accountants te Partner M.No.122739 UDIN : 20122739AAAAFT7832 Date : December 18, 2020KPMR&CO Ac Chartered Accountants 203.A, Center Point Bulking, 100, Dr, Babaséheb Ambedkar Roe, ‘Opp. Bharaimata Theater, Lalteug, Parel, Mumiai - 400012. Annexure referred to In paragraph 5 Our Report of even date to the members of K.M.Globai Credit Private Limited on the accounts of the company for the year ended 31st March, 2020 ‘On the basis of such checks as we considered appropriate and according to the information and explanations given to us during the course of our audit, we report that: 1. In respect of fixed assets; a) The company has generally maintained records showing full particulars including quantitative details and situation of fixed assets. b) The Company has physically verified all the fixed assets during the year, and frequency of physical verificztion Is reasonable having regard to the size of the company and the nature of its assets and no material discrepancies were noticed on such verification. c) The company does not have any immovable property, as such the reporting under this para is not applicable, il, In respect of inventories; ‘The company does not have any inventories, hence this clause is not applicable. li, The company has not granted any loans, secured or unsecured to any companies, firms, Limited Liability Partnerships or other parties covered in the register maintained under section 189 of the Act. Hence, reporting under this para is not applicable. iv. In our opinion and according to the information and explanations given to us, the Company has complied with the provisions of section 185 and 186 of the Act, with respect to the loans and investments made. v. The Company has not accepted any deposits from the public covered under Section 73 to 76 of the Companies Act, 2013, Hence reporting under this para is not applicable. vi. The company Is not required to maintain any cost record in respect of any of its activity. In respect of statutory dues; a) The company iS regular in depositing the undisputesi statutory dues, including Provident Fund, Employees’ State Insurance, Income-tax, Sales-tax, Service Tax, duty of Customs, Duty of Excise, value added tax and any other material statutory cues, as applicable, with the appropriate authorities in India. There Is no arrears of outstanding statutory dues as on the last day of the financial year concerned for a perios of more than six months from the date they become payable, vi. b) There are no dues of Income Tax or sales tax or Service Tax or duty of Customs or duty of Excise of vaiue added tax which have not been deposited on account of any disputes. vil, ‘The company does not have any loan or borrowing from banks, financial institution, government. or debenture holders. Hence, reporting requirement under this para is not applicable. ix, The company has not raised any money by way of initial public offer or further public offer (including debt instruments) and term leans during the year. Hence, reporting requirement under this para is not applicable. x. No fraud by the company or any fraud on,the-company by its officer or employees has been noticed or reported during the year, WE tSKPMR&CO Ok Chartered Accountants 203-4, Center Point Building, 100, Dr. Babasaheb Ambedkar Road, ‘Opp. Bharatmata Theater, Lalbaug, Parel, Mumbai - 400012. xii ill, xiv. x. xvi Fork PMR&CO FRN ; 104497W a Chartered Accountants é 4 fe te (i : IDEEP P RAIGOR Partner M.NNo.122739 UDIN Place : the Company has not paid/provided managerial remuneration during the year. Hence reporting under this para is not applicable. ‘The company is not a nidhi company. Hence, reporting requirement under this para is not applicable, All transactions with the related parties are in compliance with section 177 and 188 of the Act and the details have been disclosed in the Financial Statements etc as required by the applicable accounting standards. ‘The company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year. Hence, reporting requirement under this para is hot applicable. ‘The company has net entered into any non cash transactions with director or persons connected with him, Hence, reporting requirement under this para 1s not applicable. ‘The company Is required to and has been registered under section 45-IA of the Reserve Bank of India Act, 1934 as NBFC. 20122739AAAAFT7832, Mumbat Date : December 18, 2020K M Global Credit Private Limited Balance Sheet as at March 31, 2020 Note As at March 34, Particulars No. 2020) 20190) EQUITY AND LIABILITIES Shareholder's Funds Share Capital 1 25,000,000 25,000,000 Reserves and Surplus 2 1,349,336 (885,011) Non-Current Liabilities Long Term Borrowings 3 59,971,240 30,500,000 Deferred Tax Liabilities (Net) a - - Long Term Provisions 5 329,581 83,300 Current Liabilities Short Term Borrowings 6 7,540,279 : Trade Payable 7 Total outstanding dues of micro enterprises and small enterprises - - Total outstanding dues of creditors other ‘than micro enterprises and small enterprises 22,500 27,000 Other Current Liabilities 8 6,198,583 2,343,967 Short Term Provisions 9 49/579 12,153 Total 100,461,098 37,081,408 ASSETS Non-Current Assets Property Plant & Equipment 10 Tangible Assets 275,636 53,973 Intangible Assets 446,562 1,114,908 Deferred tax assets (net) 4 40,075 - Receivables under financing activity i 9,208,779 . Long-term loans and advances 12 8,453 212,043 Current Assets Receivables under financing activity 13 88,293,126 33,320,585 Cash and Bank Balances 14 1,146,154 21,376,710 Short Term Loans & Advances 15 143,376 3/815, Other Current Assets 16 898,938 399,374 Total 700,461,098 57,081,408 Significant Accounting Policies 23 The accompanying notes are an integral part of the financial statements As per our report of even date attached For KPMR& CO For and on behalf of Board Chartered Accountants : F.R.NO. 104497W ae Sandeep P Rajgor Partner M.No.122739 ‘Aditya Damani MS Ashish Mehta Director Director UDIN: 20122739AAAAFT7832 Place : Mumbai Date : December 18, 2020K M Global Cree Statement of Profit & Loss for th Pi rate Limited year ended March 31, 2020 Note Year ended March 31 Particulars No. [2020 @ 2019 INCOME Revenue From Operations 7 1,66,25,254 27,86,589 Other Income 18 9,540 2,10,018 Total 1,66,34,794 | 29,96,607 EXPENSES Employee Benefit Expenses 19 65,14,967 15,74,457 Finance Costs 20 79,080 12,607 Provisions and write offs for Loan Losses a1 13,09,456 83,300 Depreciation and amortisation 10 8,62,540 89,230 Other Expenses: 22 51,73,738 21,22,024 Total 1,39,39,781 38,81,618 Profit/(Loss) Before Tax 26,95,013 (8,85,011)) Tax Expense: Current Tax, 5,00,741 - Deferred Tax (40,075) - Profit/(Loss) for the year 22,34,347 (8,85,011)) Earnings Per Equity Share of %10/- each 28 0.89 {0.39} (Basic and Diluted) Significant Accounting Policies 23, ‘The accompanying notes are an integral part of the financial statements As per our report of even date attached For KPMR&CO Chartered Accountan| F.R.NO. 104497W yi Sandeep P Rajgor Partner M.No.122739 Place : Mumbai Date : December 18, 2020 For and on behalf of Board Aditya Damani Director ff Ashish Mehta DirectorK M Global Credit Private Limited Cash Flow Statement for the year ended March 31, 2020 31.03.2020 | 31.03.2019 Particulars Amount® | Amount(?) | Aamount() ‘4_| Cash Flow from Operating Activities Net Profit/ (loss) before Tax 26,95,013 (8,85,011) Adustments for :~ Depreciation and amortisation 8,62,540 89,230 Finance Costs 73,080 42,607 Operating Profit before Working Capital Changes 36,356,633 783,174) Decrease (Increase) in Receivables under financing activity + Current (5,49,72,541)] (3,33,20,585) Short Term Loans & Advances 1,39,564) 3,815) Other Current Assets (4,99,564)| 3,99,374) Increase/ (Decrease) in Long Term Provisions 2,46,281 83,300 Trade Payable (4,500) 27,000 Other Current Liabilities 38,54,616 23,43, 967 Short Term Provisions 37,426 12,153 Cash generated from operations 16,70,49, 988) G,20,40,529) Income Tax paid (Net of Refund) (2,97,151)] 2,12,043) Net Cash Flow from Operating Activities (A) (5,73,47,139)|_(8,22,52,572) 8 | Cash Flow from Investing Activities Purchase of Property, Plant & Equipments (4,15,856) (12,58,111) Net Cash Flow from Investing Activities (B) (4,15,856)[ (12,58, 779) C | Cash Flow from Financing Activities Long Term Borrowings / (Repayment) 2,94,74,240 3,05,00,000 Proceeds from Issue of Shares : 2,50,00,000 Interest Paid (73,080)| (12,607) Net Cash Flow from Financing Activities (C) 3,69,32,439 | 5,54,87,393 Net Increase in cash and cash equivalents (A+ B+) | (2,08,30,557)| _2,19,76,710 Cash and cash equivaients at beginning of the year 2,19,76,740 : Cash and cash equivalents at end of the year (Note No 14) 11,46,154 | _2,19,76,710 Note :Cash Flow is prepared as per Indirect method given in para 18 (b) of Accounting Standard - 3. Significant Accounting Policies 1 ‘The accompanying notes are an integral part of the financial statements, As per our report of even date attached For KPMR&CO Chartered Accountants raneer et P Rajgor Partner M.No.122739 Place : Mumbai Date : December 18, 2020 For and on behalf of Board Aditya Damani DirectorK M Global Credit Private Limited Notes to Financial Statement for the year ended March 31, 2020 Wote] ‘As at March 37, No] Particulars 2020 2019, 4 Share Capital (a) Authorized Capital 30,00,000 Equity Shares of Rs. 10/- each 3,00,00,000__3,00,00,000 3.80,00,000 —3,60,00,000_ (b) Issued, Subscribed & Pald Up Capitat 25,00,000 Equity Shares of Rs. 10/- each 2,50,00,000 —2,50,00,000 Total 250,060,000 _2,50,00,000 (©) Terms & Rights attached to shares co) Equity Shares The company has one class of equity shares having a par value of € 10 each, Each shareholder is eligible for one vote per share held. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, In proportion to their shareholding. te) Reconciliation of No. of shares outstanding in the beginning & at the end of the year Particulars No.of Shares [Amount Equity Shares Shares outstanding at the beginning of the year 25,00,000 2,50,00,000 Shares issued during the year : Shares outstanding at the end of the year 25,00,000 2,50,00,000 Details of shareholders holding more than 5% of the agaregate Share Capital Name of Shareholders No.of Shares Equity Shares _ 2020/ 2019) |Aditya M Damani 22,50,000 22,50,000 90% 90%] Mahesh Kumar Damani 1,20,000 1,25,000 5%| 5%] Rashmi Damani 5,000 - 0%] 0%] |Amit Damani 1,24,996 1,25,000 5% 5%] 2 Reserves and Surplus a) (bo) Reserve Fund in terms of section 45-IC(1) of the Reserve Bank of India Act, 1934 Opening Balance - Add: Set aside during the year 446,869 - Closing Balance 446,869 = Balance ir, Statement of Profit & Loss Opening Balance (8,85,011) - Add; Profit/(Loss) for the year 22,34,347 (8,85,011) 13,498,336 (8,85,011) Less: Appropriations Transfer ta Reserve Fund in terms of section 45-IC(1) of the Reserve Bank of India Act, 1934 4,46,869) z Closing Balance 9,02,467 __ (8,85,013) Total 13,49,336__(6,85,011)K M Global Credit Private Limited Notes to Financial Statement for the year ended March 31, 2020 Note] ‘Ag at March 37, No] Particulars 2020 8) 2019 J Long Term Borrowings (2) Unsecured Loans from Directors 5,99,71,240 __3,05,00,000 Total 99,71, 240 _3,05,00,000 Unsecured Loans from directors are interest free and repayable after a period of 1 year. 4 Deferred Tax Liabilities (Net) (2) Deferred Tax Liabilities (On Account of Depreciation (b) Deferred Tax Assets On Account of unabsorbed Depreciation Total 5 Long Term Provisions (2) General provision on standard assets Opening Balance ‘Add: Net additions during the year Less: Bad debts written off during the year Closing balance at the end of the year 6 Short Term Borrowings (a) Unsecured Loans from shareholders, Relatives and friends Total 7 Trade Payable (a) Total outstanding dues of micro enterprises and small enterprises {b) Total outstanding dues of creditors other than micro enterprises and small enterprises Total & Other Current Liabilities (a) Income received in Advance {b) Taxes Payable {c) Other Payables Total 9 Short Term Provisions (a) Provision for Expenses (b) Provision for Income Tax Total (40,075) 50,767 = (50,767) (40,075), = 83,300 - 2,46,281 83,300 29,581. : 78,40,279 : 75,40,279 = 22,500 27,000 22,500 27,000 42,01,137 22,06,170 2,76,338 57,019 17,21,108 80,778 61,98,583___23,43,967 49,579 12,153 45,579 12,153.TaeSoTT = a = oeres = nea 1 Tee = aK Shoe Tasso | cereee oLe tS = ovszo's | Ofc 6s L96EL'9E = ose’st'y [rrveser revo. sos'er'tr | zos‘ov'y oreo’ - aesiesic. | ces'ea | sov'es'zt - t02'e8 sos'vs'TT B1eMyos sipssy ajqibuewuy eeciee eay'zt ost'st - sec'or | 468" geste : : 9z9'4e squauudinb3 29440 - a0r'ét 94'S - 88's - vee've - eset = Suaaubd : zea'eo 509'hE - 609" - Ter'8e : Thy'8e - suoyg anG0H tee'te eLv08't 602'60'T - oce'vs | eez'st 3ev'es't : we'ev'z | 086’sb syo1ndulo> sissy o1q1ueL ozozeote| yesue | sean | stozvorte | ozoz-e0te | suonanpeq| suo sr0z"b0'TO Qo er02 (2) 0202 iesv | peisntpy | autos | aesy |e season. |Suen=npea| suonmppy | StOT ror supnonaea Te ieH IF Se ASCE N wenepandsG. 38018 $5015 Ozoz ‘TE YEW PapuD seah 949 205 sweWiOreIS Je}oUEN 07 SION OUMIT DeALd UPD [eGOID W ‘BSESY SigIDWELT OT TON SIONK M Global Credit Private Limited Notes to Financial Statement for the year ended March 31, 2020 ‘As at March 31 Note] . No Particulars 3020 (2) 2019 @) Ti Receivables under financing activity (Good unless otherwise stated} (a) Secured - - (b) Unsecured Loans at agreement values less installments received 9,78,01,905 _3,33,20,585 Less : Current Portion Total 12 Long-term loans and advances (Good unless otherwise stated) (a) Income Tax Refundable Total 13 Receivables under financing activity (Good unless otherwise stated) (a) Secured (b) Unsecured Loans at agreement values less installments recelved Total 14 Cash and Bank Balances (@) Cash and Cash equivalents i Balances with Banks in Current Account Iii Balances with Banks ia Deposits Account |i Cash on Hand, Total 15 Short Term Loans & Advances (a) Advances to Merchants {b) Advances to Employees Total 16 Other Current Assets (a) Accrued Interest on FDR (b) Accrued Interest on Loans (0) Prepaid Expenses {d) GST Input Credit (e) Taxes Receivables Total 8,82,93,126) _(3,33,20,585) 92,08,779) 8,453 2,12,043 5,453 212,043 8,82,93,126 _3,33,20,585 8,82,93,126 _3,33,20,585 11,23,335 9,72,363 - 2,10,00,000 22,819, 4,347 11,46,154__2,19,76,710 13,376 3,815 1,30,000 ~ 2,43,376 3,815 - 4,20,232 8,06,898 96,792 32,430, 4,425, - 1,78,026 59,610 = 8,98,938 3,99/374