Zz me "AMRIT PLAZA PRIVATE LIMITED is COMPUTATION OF INCOME TAX FOR ASSESSMENT YEAR 2021-22 RELATING TO PREVIOUS YEAR 2020-21, PARTICULARS ‘Amount (Rs.) |BUSINESS INCOME Net Profit as per Profit & Loss A/c - 15,62,825 | |Add: Depreciation as per Companies Act, 2013 14,41,119 Less: Depreciation as per Sec. 32 of .T. Act, 1961 21,24,839 22,46,545 |GROSS TOTAL INCOME - 22,46,545 | ITAX PAYABLE (A) | Less: TDS Receivable | |TAX PAYABLE/(REFUNDABLE) Unabsorbed Assessment Year B/F losses Depriciation 2074-2035, 1,78,363 2015-2016 39,44, 829 2016-2017, 751,734 35,98,432 [2017-2018 = 32,38 589 2018-2019) 16,63,352 - [2019-2020 20,66,522 26,238,257 [2020-2021 21,95,539 23,60,932 2021-2022, 1,21,706 21,24,839as ee ae AMRIT PLAZA PRIVATE LIMITED CIN: U45400WB2007PTC119641 BALANCE SHEET AS AT 31ST MARCH, 2021 z Note Particulars No, _| AS at March 31, 2021 | As at March 31, 2020 I. EQUITY AND LIABILITIES 1) Shareholder's Funds fa) Share Capital 2 41,37,800 41,37,800 fe) Reserves and Surplus 3 1,63,31,546 41,78,99,392 2) Current Liabilities [a) Short-Term Borrowings 4 2,88,97,821 2,85,08,921 fo) Trace Payables 5 - 80,078 [c) Other Current Liabilities 6 2,36,600 2,39,260 Total Equity & Liabilities 474,02,767, 488,63,451 ASSETS 1)Property,Plant and Equipment la) Tangiole Assets 7 2,82,11,540 2,96 52,860 2) Current Assets fa) Current investments 8 1,90,30,010 1,90,30,010 [s) Cash and cash equivalents 9 60,957 75,501 [c) Short-term loans and advances 10 1,00,260 4,05,280 Total Assets 474,02,767 4,88,63,450 INOTES TO ACCOUNTS [Ths isthe Balance Sheet referred to in our Report of even date. For, P.D. Randar & Co. [chartered Accountants (Partner) {Membership No. 302753, Frm Regn No. 3192956 unin: 2) S0RX>S3 A AAADG 734\ T Notes referred to above and notes attached there to form an integral part of Balance Sheet FOR AMRIT PLAZA PRIVATE LIMITED fogs van Prasea Sharma ‘wastes Place : Kolkata Dated: 14-3 -202) . Gayite Onan Savita Sharma DIN: 02925842AMRIT PLAZA PRIVATE LIMITED CIN: U45400WB2007PTC119641 PROFIT & LOSS STATEMENT FOR THE PERIOD ENDED ON 31ST MARCH, 2021 z sr. : Note | For the year ended| For the year ended No Passeieet No. | March 34,2021 | March 31, 2020 | |Revenue from Operations : : other income - - Total Revenue (!) = = expenses: Depreciation and Amortization Expense a 1441,119 15.14,735 Finance Cost 2 : 20,22,203 ther administrative Expenses B 41,21,708 1,84,580 Total Expenses (i) TS 62 E2S 372148 Int profit before tox wn 15,62,825 STAGE WV |raxexpense: (1) Current tx : (2) Earlier Year Taxes 5,020 3 Jv |erori/(toss) for the period 1567845. 3721488 Jui [earning per equity share: 14 (1) Basic (0.38) (6.39) (2) diluted (0.38) (6.99) Notes referred to above and notes attached there to form ann part of Profit & Loss Statement isis the Profit & Loss Statement referred to In our Report of even date. For, P.D. Randar & Co. [chartered Accountants Put a FOR AMRIT PLAZA PRIVATE LIMITED Qe Can't uivenel Hari Prasad Sharma Savita Sharma DIN: 00600853 DIN: 02925842 Place : Kolkata lvoin: 213027 53 AMA Day 361 Dated: 19-7) -3o2\[AMRIT PLAZA PRIVATE LIMITED. CIN: U45400WB2007PTC119641 NOTES TO FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31* MARCH, 2021, NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES (i) BASIS OF PREPARATION OF FIN/ -ATEMENTS These financial statements have been prepared and presented under the historical cost convention, on the accrual basis of accounting in accordance with the Generally Accepted Accounting Principles (GAAP) in India. Indian GAAP primarily comprises mandatory accounting standards as specified under Section 133 of the Companies Act, 2013 ("the Act’) read with Rule 7 of Companies (Accounts) Rules, 2014, the provision of the Act and other accounting pronouncements of the Institute of Chartered Accountants of India (ICAl), to the extent applicable, All assets and liabilities have been classified as current or non-current as per the Company's normal operating cycle and other criteria set out in the Schedule Ill to the Companies Act, 2013. Based on the nature of products and the time between the acquisition of assets for processing and their realisation in cash and cash equivalents, the Company has ascertained its operating cycle as 12 months for the purpose of current- non current classification of assets and liabilities, (ii) USE OF ESTIMATES The preparation of the Financial Statements required the Management to exercise judgements and to make estimates and assumptions. The Management has considered the possible effects, if any, that may result from the pandemic relating to COVID-19 on the carrying amounts of its assets. In developing the assumptions and estimates relating to the uncertainties as at the Balance Sheet date in relation to the recoverable amounts of these assets, the Management has considered the global economic conditions prevailing as at the date of approval of these financial statements and has used internal and external sources of information to the extent determined by it. The ‘actual outcome of these assumptions and estimates may vary in future due to the impact of the pandemic. (ii) PROPERTY, PLANT & EQUIPMENT (a) Tangible assets are carried at cost of acquisition or construction less accumulated depreciation/ amortisation and/or accumulated impairment loss, if any. The cost of an item of tangible fixed asset comprises its purchase price, including import duties and other non-refundable taxes or levies and any directly attributable cost of bringing the asset to its working condition for its intended use; any trade discounts and rebates are deducted in arriving at the purchase price. Subsequent expenditures related to an item of tangible fixed asset are added to its book value only if they increase the future benefits from the existing asset beyond its previously assessed standard of performance. ‘A fixed asst is eliminated from the financial statements on disposal or when no further benefi its use and disposal. Losses arising from retirement or gains or losses arising from disposal of Property, Plant and Equipment which are carried at cost are recognised in the Statement of Profit and Loss. is expected from (b) Depreciation and amortisation for the year is recognised in the Statement of Profit and Loss. Depreciation on Property, Plant and Equipment are provided on straight line method/written down value method over the useful lives of assets, at the rates and in the manner specified in Part C of Schedule Il of the Act. The rates of depreciation as prescribed in Part C of Schedule Il of the Act are considered as the minimum rates. Freehold land is not depreciated. Leasehold land (includes development cost) is amortised on a straight line basis over the period of respective lease, except land acquired on perpetual lease. {c)._ The company has no intangible assets. AMRIT PLAZA PRIVATE LIMITED AMRIT PLAZA PRIVATE LIMITED on Gusta Charme Director’Authorised Signatory Al KERRY‘AMRIT PLAZA PRIVATE LIMITED CIN: Uasad0WB2007PTC119641 NOTES TO FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31" MARCH, 2021 EXPENDITURE Expenses are accounted for on accrual basis and provision is made forall known liabilities, (v) ACCOUNTING FOR TAXES ON INCOME {a) Current tax is measured at the amount expected to be paid to (recovered from) the taxation authorities, using the applicable tax rates and tax laws. (b) Deferred tax is recognised in respect of timing differences between taxable income and accounting income ic. differences that originate in one period and are capable of reversal in one or more subsequent periods. The deferred tax charge or credit and the corresponding deferred tax liabilities or assets are recognised using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax assets are recognised only to the extent there is reasonable certainty that the assets can be realised in future; however, where there is unabsorbed depreciation or carried forward loss under taxation laws, deferred tax assets are recognised only if there is a virtual certainty supported by convincing evidence that sufficient future taxable income will be available against which such deferred tax assets can be realised. Deferred tax assets are reviewed as at each balance sheet date and written down or written-up to reflect the amount that is reasonably/virtually Certain (as the case maybe) to be realised. (vil) BORROWING CosTS (2) Borrowing costs that are directly attributable to the acquisition of qualifying assets are capitalised for the period Untill the asset is ready for its intended use. A qualifying asset is an asset that necessarily takes substantial period of time to get ready for its intended use. (b) Other Borrowing costs are recognised as expense in the period in which they are incurred. (vil) PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS Provisions involving substantial degree of estimation in measurement are recognised when there is a present obligation as a result of past events and it is probable that there will be an outflow of resources. Contingent abilities are not recognized but are disclosed in the notes. Contingent Assets are neither recognized nor disclosed in the financial statements, The Company is a Small and Medium Sized Company (SMC) as defined in the General Instructions in respect of Accounting Standards notified under the Companies Act, 2013. Accordingly, the Company has complied with the ‘Accounting Standards as applicable to a Small and Medium Sized Company. (ix) Earnings per Share (E! a) Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period. ») For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity shareholders and the weighted average number of shares outstanding during the period are adjusted for the effects of all dilutive potential equity shares. AMRIT PLAZA PRIVATE LIMITED Sour ta Gnanme Directs Authorised SionatoryAMRIT PLAZA PRIVATE LIMITED CIN: Ua5400WB2007PTC119641 Notes Forming Integral Part of the Balance Sheet as at 31st March, 2021 Iwote : 2 Share Capital z . Particulars ‘As at March 31, 2021 ‘As at March 31, 2020 Soliinioneeb casa Number “Amount Number ‘Amount Equity Shares of Rs. 10/- each. 420000) 42,00,000 420,000] 42,00,000 420000 | 42,00,000 420,000 | __ 4,00 000 2. |issUeD, suBscRIBED & PAID UP CAPITAL Equity Shares of Rs. 10/- each, Fully 4.13,780| 41,37,800 4.13,780| 41.37.80 Paid up Share capital by allotment otal FISTEO|___ 4737 BOO 45,780 | 47,37 800 (a) Details of shares held by each shareholder holding more than 5% (Name of Share Holder No.of Shares | __%Held | No. of Shares Held 1 |Shree RSH Developers Pvt. Ltd. 2,05,630 49.79 2,05,630 4979 Shree RSH Projects Pvt. Ltd. 2,06,150 49.82 2.06,150 49.02 (6) Reconciliation of the No. of Shares and Amount Oustanding as at the beginning and at the end of the year Issued and Paid-Up Number “Amount Number ‘Amount Equity Shares Oustanding as at the| beginning of the year 4,13,780 41,37,800 413,780 41,37,800 Issued during the year - : : * s [Outstanding at the end of the year 413,780 41,37,800 4,13,780 41,37.800 (c) Terms/Rights Attached to Equity Shares [The Company has only one class of Equity Shares having par value of Rs. 10 per share. Each holder of equity| shares is entitled to one vote per share. Any shareholder whose name is entered in the Register of Members off jthe Company shall enjoy the same rights and be subject to the same liabilities as all other sharehalders of the |same class. Note : 3 Reserve & Surplus z ie Particulars ‘As at March 31, 2024 t March 31, 2020 1. |Securities Premium reserve 3,63,40,200 3,63,40,200 2 |Surplus (Profit & Loss Account) Balance brought forward from previous} year (1,84,40,808) (1,47,19,310) |Add: Profit for the period (1567,845)] 2,00.08.654| __(97.21,498)| _(1,84.40.608) [Total in 1,63,31,546 1,78,99,392 AMRIT PLAZA PRIVATE LIMITED 0 oy a private LIMITED Wwe Spuv'ta Shanene Direcior/Authorsed Signatory ‘Dikeetor/ Authorised SignatoryAMRIT PLAZA PRIVATE LIMITED. Note : 4 Short Term Borrowings CIN: U45400W82007PTC119641 Notes Forming integral Part of the Balance Sheet as at 31st March, 2021 z Sr. Ne Particulars As at March 31, 2021 As at March 31, 2020 1 |Unsecured Loans Note" Note: 6 Trade Payables ‘Unsecured Loans from Director (interest free) and related parties are taken without any stipulation Jare stated by the management to be in the nature of short term borrowings. No interes loans taken from the related party during the FY 2020-2021 due to the outbreak of COVID-19 pandemic. From a Director 24,03,518 22,18,018 From Related Party 2,42,94,303 2,42,88,903 Totarine 2,66,97,821 265,068,921 F repayment ang] ist has been provided on unsecured} z Sr. Ha Particulars As at March 31, 2021 As at March 31, 2020 1. |Others than Small and Micro Enterprise z 80,078 otal = 80,078 Other Current Liabilities = Particulars As at March 31, 2021 As at March 31, 2020 1 |P D Randar and Co. 21,580 34,540 2. | Trade License Payable - 2,500 3 |TDS Payable 2,02,220 2,02,220 4 |Professional Fees payable 11,800 = [Totarine 235,600 2,398,260 Note : 8 Current Investment z as Particulars As at March 31, 2021 ‘As at March 31, 2020 ‘Number Value Number Value A) investment in Equity instrument 1 UNQUOTED SHARES 1} Shree RSH Projects Pvt itd 14,50,000] _1,45,00,000 14,50,000] —_1,45,00,000 2} Shree Balarka Distributors Pvt.Ltd. 7,82,450 23,47,350 7,82,450 23,47,350 3)5ugan Leasing Pvt. Lt. 7,03,220 21,08,680 7.03,220 21,08,680 4] Abhiram Developers Pvt Ltd 1,900 49,000 1,900 19,000 5]Evership Realty Pvt Ltd 1,800 18,000 1,800 18,000 6|Greenarena Residency Pvt Ltd 41,800 18,000 1,800 18,000 7|Nayajiwan Developers Pvt Ltd 4,800 48,000 1,800 18,000 [Tyrer 2942,970 | __1,90,30,010 28.42,970 | 1,90,30,010 AMRIT PLAZA, PRIVATE LIMITED amnrr PLAZA PRIVATE LIMITED Guise CharmeAMRIT PLAZA PRIVATE LIMITED CIN: U45400WB2007PTC119641 Notes Forming Integral Part of the Balance Sheet as at 31st March, 2021 Note :9 Cash & Cash Equivalent z er Particulars ‘As at March 31, 2021 ‘As at March 31, 2020 1 |cashinHand cath Balance 50,496 59,126 sub Total) a I a)sank stance OFC Bank La 10.521 16,365 Sub Total (8) Tosa TES omit + 81 SORT 7550 note :10 Short Terms Loans and Advances z s ae iiss ica as 1|securty Deposits 4,00,260 4,00,260 2|salance with Government Authorities * 5,020 aura 700-760 405,260 Note : 14 Depreciation & Amortised Cost z sr mae Forthe year ended March 1, | Forthe year ended March 31, No molars 2021 2020 T]Deprecation Tart TEATS Gos Tas, EXERC |Note_: 12 Finance Cost ‘Sr. Saas For the year ended March 31, | For the year ended March 31, No 2021 2020 ilinterest Paid 5 20,22,208 Hrotarin = 20,22,208 Note : 13 Other Administrative Expenses z Sr. pnee: For the year ended March 31, | For the year ended March 31, No 2021 2020 ‘A)_[Administrative Expenses 1 |Bank charges 4,70 1.76 2. [Filing Fees 8,800 2,520 3_ [Professional Fees 30,680 9.440 AMBIT PL a PRIVATE LIMITED issAMRIT PLAZA PRIVATE LIMITED CIN: U45400WB2007PTC119641 Notes Forming Integral Part of the Balance Sheet as at 31st March, 2021 “4 _[Professional Tax 2,500 7500 5 |Trade License 6,200 2,500 6 | Municipality Tax E 82.644 7 Maintenance Charges 60,156 60,158 8 interest on Tos - 41.224 8) |Payment to Statutory Auditor 1 | Audit Fees 11,800 11,800 Totarine 121,708 784,560 : Forthe year ended March 3i, | For the year ended March 31, Note 14: Earning Per Share (EPS) Sat oa Net Profit after tax as per Statement of \) Profit and (15,67,845) (37,21,498) Loss attributable to Equity Shareholders Weighted Average number of equity (i) shares used 413,780, 413,780 as denominator for calculating EPS (ii) Earnings per share Basic (3.73) (8.99) Diluted (3.78) (8.99) (iv) _Face Value per equity share 10 10 Note 15: Contingent Liabllity i Nil Nil Note 16: Earnings in Foreign Exchange Nil Nil Note 17: Expenditure in Foreign Currency Nil Nil Note 18: The company is a Small and Medium sized company as defined in General instructions in respect off Accounting Standards notified under the Companies Act, 2013. Accordingly, the company has complied with Accounting Standards as applicable to a Small and Medium sized Company. Note 19: Related Party Transactions: In accordance with the Accounting Standard-18, the Details of Related Party Transaction are as follows'- () List of Related Parties with whom there were transaction during the year Key Managerment Personnel Sri Hari Prasad Sharma - Director AMRIT PLAZA PRIVATE LIMITED AMRIT PLAZA PRIVATE LIMITED (hos Corte rene ‘precloh/ dicyiana Siinatory Director/Authoisad SignatAMRIT PLAZA PRIVATE LIMITED CIN: U45400WB2007PTC119641 Notes Forming Integral Part of the Balance Sheet as at 31st March, 2021 Other Related Parties Sugan Leasing Private Limited Associate Company (ii) Transactions made during the year As at 31st As at 31st revues March. 2021 | March. 2020 | Receipt from Director ef Hari Prasad Sharma 1,85,000 3 Expenses paid on behalf Hari Prasad Sharma. 500. [Sugan Leasing Private Limited 5400 = (iii) Outstanding Balances 3 As at 31st As at 31st Petes March. 2021 | March. 2020 | Loan from Related Parties/Directors Hari Prasad Sharma 24,03,518 22,178,018 [Sugan Leasing Pvt Ltd. Z42,94,303 | 7.42.88 503 |Note 20: The Company's management has made initial assessment of likely impact from the pandemic COVID-19 on business and financial risks based on internal and external sources of information including economic| forecasts, measures being under taken by Government and expected GDP growth. The management] believes while the COVID-19 may adversely impact on the business in the short-term, it does not anticipate| material medium to Long-Term risks to the business prospects. The Company has also considered the| possible effects of COVID-19 on the carrying amounts of assets and liabilities using reasonably available| information, estimates and judgement and has determined that none of these balances require a material adjustment to their carrying values. Note 21: Previous year's figures have been reworked, regrouped, rearranged and reclassified wherever considered| necessary to conform to this year’s classification. Accordingly, amounts and other disclosures for the preceding year are included as an integral part of the current year financial statements and are to be read in relation to amounts and other disclosures relating to the current year. AMRIT PLAZA PRIVATE LIMITEL AMRIT PLAZA PF es. hile Stunwece.fd aN '689'79'96Z_ by bb bv'ize'ez'e0's | 00'48s'28'66'¢ o0"bas'z8°66'e osesozsoez vrizsezen' | coveszaeee coveszeses | xey ! 298 TET ezoreoit | szorcote xn surmo| sees | suntoa | ris eurae omen [wou] 260 | — ouurdea iS vosenam | ose nam ononpeq| suunpuonippy | nse nen onampeg| 2am? | euiwanen | oy | ssqronieg [2M SPA Toa a SH ‘aa paw waa MT ZH 202 “y2s0yy35T€ 10 50,12045 22u0}09 242 fo 340g josBaquy BuIWW104 SO10N G3LINN 3LVAIYd VZVId LIXINCHARTERED ACCOUNTANTS P. D. RANDAR & CO. Ox INDEPENDENT AUDITOR'S REPORT Tothe Members of AMRIT PLAZA PRIVATE LIMITED Report on the Standalone Financial Statements Opinion We have audited the accompanying standalone financial statements of AMRIT PLAZA PRIVATE LIMITED (“the Company”) which comprises the Balance Sheet as at March 31", 2021 and the Statement of Profit and Loss for the period then ended and notes to the standalone financial statements, including a summary of significant ‘accounting policies and other explanatory information statements and we have fulfilled our other ements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide » basis for our opinion. Standalone Financial Statements and our auditor's report thereon, . 12, KOLKATA - 700 013 ‘A AVENUE, 2ND FLOOR, SUITE NO. ee SUCHE OMS 066, E-mail : pdrandar@hotmail.comP. D. RANDAR & CO. CHARTERED ACCOUNTANTS 3 ——— Our opinion on the Standalone Financial Statements does not Cover the other information and we do not express any form of assurance conclusion thereon, {in connection with our audit of the Standalone Financial Statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the Standalone Financial statements or our knowledge obtained in the sud OF otherwise appears to be materially Imisstated. lf, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard, 2013 ("the Act") with respect to the preparation of these standalone financial statements that give a tr fair view of the financial position, financial performance of the Company in accordance with the acc Principles generally accepted in India, including the accounting Standards specified under section 133 of This responsibility also includes maintenance of adequate accounting records in accordance with the pr 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 standalone financial statement that give a true and fair view and are free from ‘material misstatement, whether due to fraud or error. In Preparing the standalone financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, mattere related to going concern and using the Boing concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so, The Board of Directors are also responsible for overseeing the company's financial reporting process. Auditor's Responsibilities for the Audit of Standalone Financial Statement includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit Conducted in accordance with SAs will always detect a material misstatement when it exists. 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 standalone financial statements, A further description of the auditor's responsibilities for the audit of the standalone financial statements is included in Annexure A. 7 GANGS K description forms part of our auditor's report. & a oO 10. CHANDRA AVENUE, 2ND FLOOR, SUITE Ni . es PHONE : 2236-1066, E-mail : pdrandar@hotmail.comCHARTERED ACCOUNTANTS P. D. RANDAR & CO. Xx fea Report on Other Legal and Regulatory Requirements 1. This report does not include a statement on the matters Specified in Paragraph 4 of the Companies (Auditor's Report) Order, 2016 (“the Order") issued by the Central Government of India in terms of sub- ‘ompanies Act 2013, since in our opinion and according to the information said order is not applicable to the company, as the company is a “Smal! 2. AS required by Section 143(3) of the Act, we report that: 2) 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 2) 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 3) The Balance Sheet and the Statement of Profit and Loss dealt with by this Report are in agreement with the books of account. 4) In our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 133 ofthe Act, ead with Rule 7 of the Companies (Accounts) Rules, 2014. 5) On the basis ofthe written representations received from the directors vs og 31* March, 2021 taken on record by the Board of Directors, none of the directors is disqualified as on 31 March, 2021 from being appointed as a director in terms of Section 164 (2) of the Act, 6) With respect to the other matters to be included in the Auditor's Report in accordance with Rule 11 of ‘he Companies (Audit and Auditors) Rules, 2014, in our opinion and to the bese of our information and according to the explanations given to us: 1) The Company does not have any pending litigations which would impact its financial position, 2} The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses, 3) There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company, For P.D. Randar & Co Chartered Accountants Firm's Registration No. 319295€ iG porwr CA Kriti Agatwal Partner Membership No. 302753 Dated: 9-299) Place: Kolkata SH 12, KOLKATA - 700 013 HANDRA AVENUE, 2ND FLOOR, SUITE NO. piercer Sone : 2236-1066, E-mail : pdrandar@hotmail.comCHARTERED ACCOUNTANTS P. D. RANDAR & CO. Ox Annexure A Responsibilities for Audi #f Standalone Financial Statement AS part of an audit in accordance with SAS, we exercise Professional judgment and maintain professional scepticism throughout the audit. We also: 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 2prropriate in the circumstances, but not for the purpose of expressing an pinion on the effectiveness of the entity's internat control. * Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. may cast significant doubt on the Company's al Material uncertainty exists, we are requir disclosures in the standalone financial stat * Evaluate the overall presentation, structure and content of the standalone financial statements, including the disclosures, and whether the standalone financial statements epresent the underlying transactions and events in a manner that achieves fair presentation, Materalty is the magnitude of misstatements in the standalone financial statements that, individually or in Seeregate, makes it probable that the economic decisions of a Feasonably knowledgeable user of the Standalone financial statements may be influenced. We consider quantitative ‘materiality and qualitative factors in () Planning the scope of our audit work and in evaluating the results of our work; and (il) to evaluate the effect of any identified misstatements in the standalone financial statements. We communicate with those charged with governance regarding, ‘among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 12, KOLKATA - 700 013 CHANDRA AVENUE, 2ND FLOOR, SUITE NO. : i Snneel PHONE : 2236-1066, E-mail : pdrandar@hotmail.comCHARTERED ACCOUNTANTS -P. D. RANDAR & CO. On We also provide those charged with governance with a statement that we ha Fequirements regarding independence, and to communicate with thei ‘may reasonably be thought to bear on our independence, ive complied with relevant ethical 'm all relationships and other matters that and where applicable, related safeguards. For P.D. Randar & Co Chartered Accountants Firm's Registration No. 319295 G0 pet Partner Membership No. 302753 Dated: 14-9) dea Place: Kolkata 13, GANESH CHANDRA AVENUE, 2ND FLOOR, SUITE NO. 12, KOLKATA - 700 013 PHONE : 2236-1066, E-mail : pdrandar@hotmail.com