TAX AUDIT REPORT u/s. 44AB OF INCOME TAX ACT, 1961 OF M/S. PARAGON TELELINKS PVT. LTD. A.Y. 2020-21 Scanned with CamScannerAY, 2020-2021 Name + PARAGON TELELINKS PVT LTD Previous Yaar = 2019-2020 PAN 1 AAEGP 9052 G Address: SHOPNOS ‘SATYAM APARTMENT Status + Domestic Company JUNCTION OF MG ROAD AND GOKHALERD © 0, 0.1, 21-Feb-2009 NAUPADA THANE WEST, THANE - 400 602 Statement of Income “Income from House Property. Let-out aropertios Property-1: SHOP NO 38, ORION BUSINESS PARK, Tenant - IRB INDUSTRIES LTD j Rent (Grose annual valve ‘Less: Municipal taxes Net annual value Hae 88 Less: Standard deduction ufs 24(3} 10,04.655 Baie Amount Net Incoma fort Property-# Property2 Shop no 6, Ground Floor, Geet Ganga, Tanant- Pace Tel Systems ‘Net Profil Before Tax as per P 8 L afc ‘Add: inadmissible expenses & Income not included Depreciation debited to P & L alc ‘3? disallowance: £ Expenses | Losses considered under ainer heads: Scanned with CamScanner40 diusilowance: 6 38,109 85.72.3158 34.88.8657 Less Deductible expenditure & income to be excluded Incomes considered separatoly. ¥ 68.20.e89 “Adjusted Profit of Business-1 _Sibies ‘Total ncome of Business and Frofestion MSs ‘Less: Depreciation as per IT Act 4 60.85 374 Inoame chargeatie under the nead "Businass and Profession* —_ "income from other sources Rental ncama: From plant & machinery etc 8 interes! income 9 Income chargeable under the head ‘ether sources" Total ‘Unabsorbed Losses - Ci a ‘Lets - Brought forward oases set of ‘ai "=Total income Tax on toil income Minimum Atemative Tax. # 2 Par eetie al teal: z ‘Advance Tax mi Bar 930 Totat prepaid taxes e 1.80.00 *Retund Dus. TAN Sector Tee Fo munansa7sa ren ‘Seif 100 - ee TAN sexo Scanned with CamScannerPace Tel Systems Details of Owner Owner ‘Assessee's share in the propeity (36) Schedule 3 ‘Assessee's share in the property (%4) Schedule 4 ‘Disallowances of expenditure ws 37 Personal expenditure Donation Interest on taxes: Total Disallowance “40(a)\ia) Fees for professional or technical services 40(a)lia): Payments to contractors or sub contractors: ‘Total Disallowance Ex without TDS / Eg. Levy disallowed earlier B/E 194-1 (Form DELP1E360A a Soll 100 ee TAN Section 18441 (Form MuMonesst A, faa Expenditure % disallowed Disallowance 39,000 100 30,000 14,088 100 14,088 44,088 Scanned with CamScanner‘Schedule 11 Financial statements are: drawn ea pot Ind AS? ‘Minimum alternative tax [Not profit before tax 38 par P & | Ate Less: Provision for Tax in P&L Alc Net profit after tax (A)(Deductor TAN Home Credit India Finance Private Limited. TAN Hb Indusinies Limited, TAN- MuMinga7aG Inlead Electronics Private Limited, TAN: MUMOO6881A. {lead Electronics Private Limited, TAN- MUMOOGEE1A Pave Tel Systems Private Limted, TAN- DELP1a368q Pca Tel Systams Private Limited TAN: DELP163684 Rohan Anil Tasgeonkar, TAN- PNER24097D. \Vinit Narandas Panchmatia, TAN- PNEVOASS2A, Total ‘Schedule +3 ‘Advance tax paid IDBI Bank-8610333 (D8! Bank-6910333. Total tax fasees = 3/94,885 —39.46,846 hung 61689 ‘50,000 13Dec19 e7qra __1,00.000 50.000 ‘Bank Ai for Refund: KOTAK MAHINDRA BANK 1411902392 IFSC: KKBKO000855 For PARAGON TBLELINKS PVT LTD : ‘See Scanned with CamScannerINDEPENDENT AUDITOR'S REPORT ‘To the Members of PARAGON TELELINKS PRIVATE LIMITED Report on the Standalone Financial Statements ‘We have audited the accompanying financial statements of Paragon Telelinky Private Limited ("the Company"), which comprises the Balance Sheet as at 311 March, 2020, the Statement of Profit and ‘Loss and the Cish Flow Statement for the year then ended and a summary of the signficars secounfing ‘policies and other explanatory information. ‘Management's responsibility for the Financial Statements ‘The Company's Board of Directors is responsible for the matiers stated in Section 134(S) of the ‘Companies Act, 2013 (“the Act”) with respect to the preparation and preseatation of the financial ‘Mmements that give a trec and fait 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, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes inaintenance of a¢equare accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting ‘fonds and other iregularties: selection and spplication 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 af the accounting records, relevant to the preparation and Presentation of the financial statements that give a true and fir view and are free from mutenal “misstatement, whether due to fraud or error Auditor's Respansibiity ‘Ourresponsibility i to express an opinion om these standalone financial strements based on our nuit. ‘We have taken into account the provisions of the Act, the sccounting and auditing standards and matters which are required t0 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 143/10) ‘ofthe Act. Those Standards require that we comply with ethical requirements an audit (0 obtain reasonable assurance about whether the financial. state Scanned with CamScannerslisclosures in the financial statements. ‘The procedures selecied depend on the auditor's judgment, ‘including the ¢ssessment of the risks of material misstatement of the financial statements, whether due ‘0 tran or error [n making those risk assessments, the auditor considers intemal financial contr relevant to the Company's preparation of the financial statements Una give a true and fir view in ordet to design audit procedures that are appropriate inthe circumstances. An audit also includes eveluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Company's Directors, ns well as evaluating the overall presentation of the financial statements, ‘We belicve thar the audit evidence we have obtained is sufficient and appropriate to provide a basis for uF audit opinion othe standalone financial statements. Opinion In our opinion and to the best of our information and according to the explanations given to ws, the aforesaid standalone financial statements give the information required by the Act in the manner 50 ‘equired and jive a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company’ es at 31 March 2020 and its loss and its eash flows for the year ended on that date. Report om Other Legal Regulatory Requirements 1. As required by The Companies (Auditor's Report) Order 2016 ("the Order") issued by the Central Government of India in terms-of section 143(11) of the Companies Act 2013, we give in the “Annexure A". i statetnent on the matters specified in paragraphs 3 and 4 of the Order. to the extent applicable, ‘2 As required by the section 143 (3) of the Act, we report that: fa) we have sought and obtained all the information and explanations, which to the best of our Anowledge and beliefs were necessary for the purpose of our audit, () in our opinion, proper books of wecount as required by law have been kept by the Company’ so ‘ar as appears from our examinaticm of those books. (¢) the Balance Sheet, the Statement of Profit and Logs and the Cash Flow Statement dealt wath by this report are im agreement with the books of account, (4) im our opinion, the aforesaid Financial Sintements comply with the Accounting Standards specified under section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rule, 2014, (6) on the basis of written representations received from the: directors as on March 31, 2020, and ‘twken on record by the Board of Directors, none of the directors are disqualified as on March M1, 2020, from being appointed us a director in terms of sub-section (2) of section [fel of the Act, (1) with respect to the adequacy of the internal financial ‘company and the operting effectiveness of “Amnexune | s Scanned with CamScanner(a) Weds rexpoct to doe ober manars to be amchudd othe Auditat's Report ot aceoritence with Hake 11 of the Compares (Audit and Auditors) Rules 2014, m ct open ana to the best of mioreaton a accountng © he cxpanabom BE bw # The Company doen not Rae ay pemaliny bigations toch mond ompect te Bena ance The Company dif net have ey bmp tem comeracts wchatang derivetrve commen for ehech there were ain tuaterual fiecureable bases, St There wore mor emcees which were repre! 4: he transferred to the Irventon Fanti ead Protectan Fund ny the Comgues Place Thane Date. 3s) 26 Member Santer (490 UDIN 21cageg AMARC 6192 Scanned with CamScannerParagon Telelinks Private Limited EY 226 ANNEXURE - A TO THE INDEPENDENT AUDITORS' REPORT (Referred to in Paragraph 1 under the heading of "Report an Other Legal & Regulatory Requirements’ ‘of our report of even date) 1 (a) The Company has maintained proper records showing full particulars, including quantitive details and situaton of fixed assets, (b) All the assets have been physically verified by the management during. the year, according to the {information and explanations given to us, and in our opinion the intervals for verification Are reasonable having regard to the size of the company and the nature of its assets, No material dliscecpancies were noticed on such verification (8) According to the information and explanations given to us and on the basis of our examination of the reconds of the Company, the title deeds of immovable properties are held in the name ofthe company 2 Imrospect of the inventories of the Company: (a) As explained to us, the inventories were physically verified during the year by the management at reasonable intervals and im our opinion the frequency of verification 1s rensonable. 4b) The procedures explained to ws, which aré followed by the management for physical vesification of imventories are reasonable and adequate in relation to the size of the Company and the nature of its Iousincss. {) (¢) On the basis of our examination of the records of inventories, we are ofthe opinion thatthe ‘company has maintained proper records of inventories and no material discrepancies were noticed on physical verification. 3 The Company has not granted any loans secured or unsecured to companies, firms , limited linbitity pparinerships.or other parties under section 189 of the Companies Act.2013. Thus paragraph Hit) of the (Order is not applicable to the Company. 4 In our opinion and according fo the information and explanations given to us, the Company bas Comiplied with the provisions of section 185 und 186 of the Act, with respect to the loans, investments and guarantees made. 5 The Company has not accepted any deposits from the public, thus paragraph 3(v) of the Order is not applicable tw the Company. 6 ‘The Central Government has not prescribed the maintenance of cost records under section (48(1) of ‘the Act. Thus, paragraph 3(1) of the Order is nat applicable. 7 (a) According to the informarion and explanation given to us and according to the books and records as produced and examined by us, in our opinion,the company is regular in depusiting the undisputed ‘Matutory dues in respect of provident fund, employee's state insurance, income tux, sales tax, wealth ta, service tax, duty of customs, duy of excise , value-added tax, cess and others as applicable danny the yar with appropriate authorities, Scanned with CamScannerParagon Telelinks Privite Limited EY.2018-10 ‘There are no undisputed amounts payable in respect of provident fund , employee's state insurmnce, income tax , sales tax, wealth tax . sevice tmx, duty of customs, duty of excise, cess were outstanding, 488 at 31/03/2017 for a period of more than & months from the date they become payable. (b) According (0 the information ind explanation given to us, there are no dues outstanding of VAT, income tax, custom duty, wealth tx, service tax. excise duty and cess, which have not been depastied ‘on acsount of any dispute §_Ascording to information and explanations given to us, the Company has not defaulted in repayment of dues to any financial institution or benk or debenture holders during the year. Accordingly, paragraph 3( ti) of the Order is not applicable. 9, According to the information and expatantions given to us, the Company has not raised money by way ‘of term foans during the year 19 According to the mformation and explanations given to us, no material fraud by the Company or on the ‘Company by its officers or employees has been noticed or reported during, the course of our audit 11 According to the information and explanations givea to us aiid bascd on our examination of the records of the Company, the Company has paid/provided for managerial remuneration in accordance: with the ‘requisite approvals mandated by the provisions of section 197 rcad with Schedule V to the Act. 12. fmour opinion and according to the information and explanations given to us, the Company is not a ‘iidhi company- Accordingly, paragraph 3(xii} of the Order is not applicable 13. According to the information and explanations given t0 us atid hased on our examination, the company’ ‘has not made any transactions with related partics. Accordingly , paragrsplt 3 (xii) ofthe order is not plicable, 4 Aveording to the information and explanations give to us and based on our examination af the records: the company has not made any private placement of share during the year, Accordingly . paragraph Sixiv) of the onder is not applicable, 15 Asconding-to the information and explanations given to-us and based on our examination of the records oo the Company, the Company has not entered inte non-cash transactions with directors or persons ‘connected with him Accordingly, paragraph (x) of the Order isnot applicable 16 The Company is not required to be registered under section 4S-1A of the Reserve Bank of India Act 1934, For Chiatan D.Sajya & Co ‘Chartered Accountants Ge (Ficm Registeation Number: 136224W) eh sg Place: Thane : ‘Date:a1})3\ 90 Membership: Nuinber- 153689 URNS 2 SES SARA CT O82 Scanned with CamScannerParagon Telelinks Private Limited EY, 2019:20 Annexure - B to the Independent Auditor's Report Report om the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 ("the Aet™) ‘We have aodited the intemal financial controls over financial reporting of Paragon Telelinks Private Limited ("the Company") as of 31 March 2020 in conjunction with our audit of the standalone financial statements of the Company for the wear ended om thal date. Management 's Responsibility for Internal Financials Controls ‘The Company's management is responsible for establishing and maintaining internal financial coutrols. based on the infernal control over financial reporting oriteris established by the Company considering the essential components of intemal control stated in the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institue of Chartered Accountants of India (‘ICAI"), These responsibilities include the design, implementation and maintenance of adequsie internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013 Auditors Responsibility Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We conducted our audit in aceordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reparting (the, “Guidance Note”) and ‘the Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10} of ‘the Companies Act, 2013, t0 the extent applicable to an audit of internal financial controls, both ‘applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of India. Those Standards and the Guidance Note require that we comply with ethical ‘requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls ever financial reporting was established and maintained and if ‘such controls operated effectively in all material respects ‘Our audit involyes performing procedures to obtain audit evidence abou the adequacy of the ‘intemal financial. controls system over financial reporting and their operating effectiveness, Our audit of internal financial controls over financial reporting included obtaming an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness ‘exists, and testing and evaluating the design and operating effectiveness of internal control based ‘On the assessed risk. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether duc to fraud or errar, Commensurate to the size and nature of the business, We believe that the audit evidence we have obtained is: sufficient and appropriate to provide a basis for our audit opimion on the Company's ‘ntemal financial controls system over financtal reporting, work Scanned with CamScannerScanned with CamScannerPARAGON TELELINKS PRIVATE LIMITED Shop No. 4, Satyam Apartment.Junction of M.A. Road & Gokhale Rand,Naupaula, Thane west 400602 (CORPORATE IDENTITY NUMBER: (/52335M1112009TC190487 AUDITED STATEMENT OF ASSETS AND LIABILITIES AS ON 31ST MARCH, 2020 phe | ees evict | sain fH. eQUITY AND Liammiries: 590,000 $493,371 6,8845,827 6,59,15,034 28.99.6606 35,88,591 5.80,57.211 160.48,973 2.28,73,030 1,75,62,675 15,33, 1896497 1435,93,834 | 3.6011 288 | : 10.75.82, 1aga0s 138325 49.200 6.792240 107,601 615,356 1.68, 40,96) Laaor4s9 | 40,596,430 37,11,989) | 6217835 23,84,122 - 30,000 92.26915 $9,05,610 195533 107 Sk aad eh Wt alt cach Dae fa ey ler ft daca Pt Senin [ht es he Statement ef Assets end Laas neered wt ar Reprt of even cate FOR AWD ON BEHALF OF THE BOARD PARAGON TELELINKS PRIVATE LIMITED, 3 PUL J. SHAM. HMLIREEY 4, SHAHN {DIKECTOR) (DIRECTOR) DIN A2400766 DINman0770 DATE sY/I272020 PLACE. THANE Scanned with CamScannerPARAGON THLELENNS PRIVATE LIMITED: Shop No.4, Satyam Apartment Junction of MG. Road & Gakinale Rond.Naupada, Thane west» 400602 CORPORATE IDENTITY NUMBER: US2U3SMN009FTCI9OA87 AUDITED CASHFLOW STATEMENT AS ON 31ST MARCH, 2030 ‘Amount aa uesiee | Amount av ati Tat Mar, 2020, Mar 3013, Note Na (S.02.467)) aa L428 45.68.2867] |___rasizoo]_sa,t TIS 0.70] nar 330.878 raz0772 644 Ra1) (23,32.502) 5.30,103 30, 308,753 satis] ‘Sa9e7) PHA 28 TasaNas| 1,29.43,250 @laeuia) 220s FOR ANDON BEHALFOP THE GOAN PARAGON TELELINKS PRIVATE LIMITED ‘ a ard, saat MIRE SHLAH SARECTOR (OMRECTOR, DIN w2an074 DIGRoNT70 DATE: 51/12/2020 PLACE THANE CHINTAN D. SALVA, ND 69 Us Scanned with CamScannerARAGON TELELINKS PRIVATE LIMITED. ‘Shop No. 4: Satyam Apartment Juartion of M.G. Rond & Gobbale Road,Naupada, Thane west - 400602 CORPORATE IDENTITY SUMMER: Us2335MH00F TCI 90487 AUDITED STATEMENT OF FROMIT & LOSS POR THE PERIOD ENDED ON SST MARCH, 2020 Amicucat ws wittot | cLeownt as atttat Mar, 2020 Mur. 2019 Particulars Nate'No. yenue From Operations ( Net of Taxes ) 45,39, 71,710 cme Frost Noe-Operation ik 1 7m05,147 197,19, 768 Ts eae [aa {Purchases of Stock in Trade(net of Scheme) 43,234,290] 56,66,06, 268) fCmanges in inves of Stock-in‘Trade 9 23.52.502) .05,00:753 JF mance Expenses 2 105.2856} opreciation & Amoctzation Expenss 1 maa 1.73,08:408 ($402,467) (0) fncome Tax Provision Current Tax Excess / Short Provision (2) Deferred tax 845,799.00 471,564.00 -9,16,925 90 JPrafiu( Loss) forthe peciod After Tax» PAT $0,000) (89.70) fc) ols refer nao and Notes ta Acoounts attached there ta form an anegral parvaf dhe Audited Financial Statement [This is the Statement of Profit & Las referred te in our Report of even date. POR AND ON BEHALF OF THE BOARD. PARAGON TEEELINKS PRIVATE LIMI : ne VIPUL 4. SHAM HIRES 3, SHAM (DIRECTOR) (DIRECTOR) Dino2400760 DiN-02490770 DATE: 31/12/2020 PLACE THANE Scanned with CamScanner| PARAGON TELELINKS PRIVATE LIMITED Notes Forming Integral Purt of the Balance Sheet as nt 31st March, 2020 focet: Shave Capit! Ninount as] Amount a aiSlst ent 1st Mar, 2020] Mar. 2019 neon 0,000 gy Shaves of Rs, 10 each ono 10, 1,00,000 Equity ae es ISSUED. SUBSCRIBED & PAID UP CAPITAL, — [Ta the Subseeibers af the Memoranstons +5,00,000 $00,000) 10,000 Fut Sbars oF Rs 1 ce fly pad up, [ial Vator 3,50,000 5.00.00] 11 The recoweiliation of the number of shares outstanding is set out below: TT Asai Maren 3010 ‘As ari March 2018 Number [Shares outstanding at the beginaing of the year [Shares Issued during he year bought back during the year [Stuares outstanding atthe er ofthe year LE The details of Shareholders holdings = Name of Shareholder ‘As ata) March 2079 NelofShares | % of Holding No of held Shares _ held VigalFayntlal Shah 30000 @r] 30,000 [Hiren Jayaneital Shah 3,000) 10% = 5,000 agra Vipl Sbah 7,800 tnd 7,300 [Dfiruti Robit Shah 7,500 1s 7,500 ‘Amount as wid patenos at3tst Mar.2020] Mar. 2019 [Opening Balances 98,5782 60,02,036 |e: ProftLens) forthe period (44,85,543)) 40,21,601 ‘Ascts with no residual if persuane wo Companies Act (44,764) : in Reserves 166,245 23.971 ‘Amooat-ay a3 Mar. 2019 es Bank Cor Loay (Secuced ‘Against Car} . . New tore actss0 (Secured Against Property) 1,99,27,193, 14454459 21.09.5990 27913 (TSB. Lown Ate No 24aariy : saat 8,80,403 4,29,28,529 42 650.1ene Scanned with CamScanner_- © PARAGON TELELINKS PRIVATE LIMITED \Notes Forming Integral Part of the Balance Sheet as at Xi March, 2020 15,00,000 1.48,208 30,000 15,00,000 978 585 [Loan trom Chere : = fatal Wale in INR 33057201 S487 ier S Trades Payable c ‘Aimownt as | Amowat an ait iiargad lucie Mar, 2020| ‘Mar. 2019 [Trude Payables: Group Companies / Rclaicd Parties Retaed pares Trae Payables Ireade Pave: , Noo G [Now Group Trade Payables 228,793,830 1,75,620673 eerie 228,73,000 17562675) 5 Other Current Liabiiies| ‘Amount a | Amouat as atin lausist Mar. 2020] Mar, 2019 ‘Amount as | Amount as wiTst Sit Mar. 2026] Mar, 2019 59,400 59,400, 17,280 Lagos 31,600 11,16,189 H.t6229 |,60,03s 8.000 37016 353,760 Scanned with CamScannerAEOE"WLNHN FIC Ho megs anume omn po ong stone Bem GALIATT TLV AR SHNITATAL NODVEVE Scanned with CamScannerPARAGON TELELINKS PRIVATE LIMITED Notes Forming Lategral Pari of the Balance Sheet as at 31st Murch, 2020 Armouit ws at3 st Mar. 2019 6,79,240 Amount as at3ist Mar, 2019 |Balanses with Govt Authorities IMVAT ( 16-17) 1,07,601 107,601 MVAT (15-16) 505.755 Note 1 Current Investment Particulars [Bank Fo {Total Value in TNR Note: 12 Inventories Amount as at31st | Amount as atSist Mar, 2020 1.58-49,961 Amount as uti st Mar. 2019 | (yh Scanned with CamScannerPARAGON TELELINKS PRIVATE LIMITED ‘Notes Forming Integral Part af the Balance Sheet as at 31st March, 2020 Group Companies : {Non Group Compares 40,356,830 97,1 1,989 [Fito Vatoe in IN ra we? Particulars Amount as ai31st Mar, 2020 Amount ns at St Mar. 2019 [Cash 8 Cosh Eauivalent }Cash Balance: 40,562,985 7,65,701 datances with Bank. |HDPC Bark 73,746 151,186 |Amnerican Express: 76,600 fiCIC] Bank 16 16 MDPC Bank Card Swipe 20,65,835 10,10,162 Yes Bunk ~ . |TBSB CC-5S68 18,378 18,378 /TBSB CC. 456 0 202 |andhan Bank 26,422 [Kotak Mahindra Bank 20,153, 361,876 [Total Value in INR 62,17 535 2384121 'S Short Terms Loans and Advances - Amount as at31st | Amount as at3ist oer Mar. 2020, Mar. 2019 [sas & Advances ‘Note 16 Other Current Assets Particulars aes = 30,000 [Total Value in INR = 30,000. Acnount a4 a3 It Mar.2019) 2333 14,593,712 143,350, 333 ‘912810 8716 Scanned with CamScannerScanned with CamScannerPARAGON TELELINKS PRIVATE LIMITED. Notes Forming Part of the Profit & Loss Accounts as at 31st March, 2020 ‘Amount as atSist ‘Mar. 2020 Amount as aeSist Mar, 2019 45,39,71, 710 39,82,07,735 Ta Income From Non Operation 39,42,07,735, 9,71. 710 Particulars income from Schemes [insurance Leet tncome [Dividend tincome Discouat |saintemance: Price DROP 14.91,228, Interest Income 12,040 Sundry Cr & Dr Written OFF 58,203 Commission Received 10,00,880 Sales Tax Refund . 551,984 Sales Allowance Alc 785441 4147921 [Transitional Stock Credit 434439 Round off 627 [Total Valve i INR. 1.3719, 764 19. Changes in inventories of Finished Goods, Work-in- progress and Stock In trade ‘Amount as ait ‘Mar. 2020 1,68,49,561 1,44,97,459 (23,52,502)| Amount my aBlat Mar. 2019 1:44,97,459 146,17,751 120,302 ‘Amount as a3 ist ‘Mar. 2020 38,73,648 Amount as atl Int Mar, 2019 34,871,009) 1,094,769) 72.00,000) 87.105 Scanned with CamScannerPARAGON TREELINKS PRIV. Notes Forming Pat of the Profit eet Hoss Necounee an at 31st Mareh, 2020 21st AL 81454 12,27,230 499,583 35.20.83 317.967 &.05,000 29,09,577 423007 3.793 59,29,477 2993 167.993 38,286 1.07,000 36,950 BRATS 149,504 00 10,349 2,20,168 82,997 348.947 29,742 42270 106,362 4212 969,082 82499 45,000 72,200 40,000 164,296, $900 46848 Scanned with CamScannerScanned with CamScannerPARAGON TELELINKS pRIv. Notes to Accounts ax at 399 ene a mee Ae ar SUS Profit{ Lom) attributable to Shareholders jeighind average number of equity shares outstancting at the od b [sic and duced earning per share of Ris.10/- each 39,75889.00 30,000 25 Provision for Current and deferred Taxation: ‘The Company has adapted Accounting Standard 22" Accourting for taxes.on Income” The Company has et deferred tas assets as at 31st Mach, 2000 Defered Tax assets ating on account of depreciation Javetbeen considered for recognution as there is reasanuibie certainty that sufficient taxable insome will be suvailable in near flsture, against which such deferted tars asset can be realrred 726 Dues of Micro, Small & Medium Enterprises ‘Tnformation 2s per Section 22 of the Micro, Small and! Mesum Enterpeises Development Act.2006 is not ive asthe company’ still in the process of gathering the information about the identification of the suppliers covered hy the said pravisions te * 27 Confirmations ‘Balances of Curent Asset , Lawns & Advances and sundry credstors are subject to confirmation and “Sonsequent adjustment and reconciliation if any. eas Tn Presentation And Disclosure Of Financial Statements ‘The figures forthe previous year have boen reclassified wherever necessary to confirm withthe curren ‘Yeu classification Scanned with CamScannerPARAGON TELELINKS PRIVATE LIM Notes 0 Accounts as at 31st Murch, 2020 noe “The company's operation comprise of only one segment and therefore there areno-ather business / eqrophical Segments 10 be reported as equized under Accounting Standard 17 "Segment Reporting” 730 Reluted Party Diselowere ‘psper Accounting Standard (AS-18) on Retated Party Disclosures issued by th es (Account se ule006 te tone of nso whe eas pats mated Roomy ‘Standard are given below List of Related Parties Key Management Personnel Name Relation 1 Vipul Jayanti Shah Director 2 Doni Rohit Sbah Director 3 Jagruti Vipul Shah Director 4 Hien Jayartlal Shah Director Disclosure of transactions with above parties: 1955203 72.00.00 31,73,910 5972378 55.12.3783 36,19,212 3B FOR AND ON BEMALF OF THE BOARD *ARAGOE IKS PRIVATE LIMITE) y Sh \ iLs.Suam MON SHAM DIRECTOR, DIRECTORS pinecwores ——INaBGATO Scanned with CamScannerGON TELEDINKS PRIVATE LIMITED Significant Accounting Polictes ‘The financial statements are prepared under the Historical cost convention, in respect ofall materi aspects inecordance with the Generally Accepted Accounting Practices ( GAAP ) which comprise of Accourting Stnndarts Accounting Standards specified under Section 133 of the Act, read ath Rule 7 ofthe Compania (Accounts) Rules, 2014.and the provision of the Companies Act, 2013 on accrual basi, # adopted consistently by the company Use of Estimates ‘The preparation of financial statemcas, in conformity with the generally accented principles, sequires management to make etnies and wssumpeions 1 Be made that affect the reporied amounts of ase and Tailties onthe date of the financial siaements and the reported amounts of teverwes and expenses GUNS the reporting period. Those eaimates are based upon managernent's best owledge of curren cvents and Actions Diferences between the acual real and estates are recognize inte period in which th result re ksown/materalize 1.3 Revenue Recognition Income and expenditure are recognized on accrual busit Revenue time ant mateis]commcts are recognized ws the relate sernes are performed other income are recognizes on accra basis except when thete are sigifcant unceriaintes 14 Morrowing Cost oeroming. coms tht are atriurableto the acqustoa or contruction of qualify axsets are captained ‘spat of the outa such ase in necordance with AS 16 unt the qualifying asset becomes ready for its limended wie “Thereafter such harrowing cost ix charged 10 P&L afc Fixed Assets Fined assets ate sated at cont leas accursed deprecation Cost comprises the purchase price and any ‘918 attributable for bringing the asses to its working condition for its intended une us Depreciation |. Depreciation on fixed assets ix provided using the Written Down Value (WDV) rates as calculated ‘considering the useful life prescribed in Schedule 11 to the Companies Act, 2013 i Depreciation a fixed users adediaposed off during the year has been provided on pro-rata bass Employees benetits Al employee benefit obligations payable wholly within twelve months of the rendering the services wre celasuiied as Short Term Employee Benefits. Such Benofits are cxtimated and provided for in the period in ‘which the employes: renders the related service 18 Iavestmenis ‘Longe-term Investments ae sated at cowt ater deducting provision ifary, for other than semperory [sop stn nan eee eae ad (p> Scanned with CamScannerPARAGON TELELINKS PRIVATE LIMITED Significant Accounting Policies ‘Trinsachonis in foreign currency are accoutied fut the exchange rates prevailing on tbe date af transactions: The Exchange differences arising on foreign currency transactions setthed during the year are recognized in the Profit ard Loss Account forthe year All monetary items denominated in foveign currency are translated at exchange raves prevailing on the Balance siet date Now Monetary items in foreign umrencios ae Carried at cost The resultant exchange differences are recognized in the Profit and Loss ‘Account for the year ‘Taxes on Income Provision for Income Tax, comprising current tax and deferred tax, is made om the bast of the results of th gear. In Accordance with Accounting Standard 22 Accounting for Taxes on Income, isu by the Institute of Chartered: Accountants of India, the defested 18x for timing differences between the book and the tax profits for the year is accounted for using the tax rates and law that have been enacted or substantively ‘enacted as of the balance sheet date: Deferred tx assets arising from temporary timing differences are recoggsiznd to the extent there ix w reasonable certainty that the assets can be realined in the future Statwtery Dues Statutory Dues like Professional Tax and Tax Deducted at Sources are deducted from employers: account ‘on acenial basis and the same are deposited with the Governmect authorities within the prescribed time fimit as pes the Act There are a abort deductions ar non deductioas observed. impairment of Assets ‘An amet is treated a8 impaired when the carrying cast of asset exceeds is recoverable value. An imp joss ix charge to the Profit and Loss Account inthe year ia which an assets ideniied as impaired. The there has been as change inthe estimate ‘impairment loss recognised in prior eccountiag period is reversed if of recoverable amount (Cath & cash equivalents ‘The Connpany coesiers all ight liquid financial instruments, which are renclly convertible into cash and hueve original maturities of three moathsor less from the date of purchase, to be cash equivalents (Cash Flow Statements ‘The Csh-Flow Statement is prepared in accordance with the “Indirect Method” as explained in the ‘Accounting Standard (AS) 3 on Cash Flow Statements: Provisions and Contingent Liabilities ‘The Company recognizes a provision when there is a present obfgation as a result of & past event that probably requtes an outflow of resources ands reliable catimate can be made of the asount ofthe ‘ligation. A disclosure fora contingent lability is made when there ts «possible obligation or a present otiigacon that may, but probly will nx, require an outflow of resources. Where there is a possible ‘obligation or « present obligation that the likelihood of outflow of resources is remote, no provision or Scanned with CamScannerz FORM NO, 3CA [See rule 63¢ (ai) Audit report under section 4448 of the Incarne-tax Act, 1961, in a case where the accounts ‘of the business or profession of a person have toe aualted under any other few | we report that the StALUtOTY. oud of M/s. PARAGON TELELINKS PVT LTD, SHOP NOA, SATYAM JENT, JUNCTION OF MG ROAD AND GOKHALE RD, NAUPADA THANE WEST, THANE 490 602, PAN ~ AAECP 9852 G was conducted by us in pursuance of the piovisions of the Companies Act. 2013, and We _aonex henelo 8 COPY OF OUF AuCiR report dated 31-Dec-2020 along with a copy of each of a) the-gudited Profit and loss account forthe period beginning from @3-Apr-2019 to ending on 34-Mar~ 3020. {p) the aucited batance sheet as at 21-Mar-2020; ana je) documents declared by the said Act to be pect of, or annexed to, the profit 8 Joss account and balance sreet. 1) The statement of particulars required to be furnished under section 4448 is annexed herewith in Form No, 300, 43, our opinion and to the best of our infermation and according to exemination of Books ef account Including ther relevant documents and explanations given to us, the particulars given In the said Farm No, 36D are tre and correct: subject to the fotowing ebservations/qualifications, if any. 1 GST Liability is subject to avatt under GST Act. 2 Creditors under Micro, Smal and Medium Enterprises Develpment Act, 2006 are not ascertainable 4 ts not possible for me/us to verify whether the loans/deposits exceeding Ms, 20,000 accepted or repait otherwise then by am account payee cheque, bank draft, ECS or electronic modes prescribed in Rule GABBA, as the necess#ry information iS nat in the possession of the assessee. ‘it isnot possible for ma/ur to varity whether the payments exceeding Rs. 10,000 (Rs.35,000 n case-of ‘nly, hiring or leasing 000s carnages) have been mace otherwise than by account payee cheque bark draft ECS ar efectrontc modes prescribed in Rule 6488, as the necessary evidence is nat in the possession of the assesree. 5 During the pear an amount of RS. has been added to block of wsset Buildings to rectify incorrect removal af WOV in AY 18-19 in respect of shop given on rent. For CHINTAN D. SAIVA & CO, (Sigatare and same/'seal ofthe slanatary) ee cai CHINTAN DHIRAL Sava oni‘ ot} 2.00 hath i, ssen0 rt Firm reg, Mo, 136224W ‘Address; 101 SIDDHIVINAYAK, NEAR BHAGWATT SCHOOL, VISHNU NAGAR, THANE WEST +400 602 Maharashtra UDINS 283689 ABAB cc £9.39 Scanned with CamScanner(Sen rte wa statement of particulars required to pe furnished alas 4448 of tne income tax 1961 PART - a, = 4 name of the assessae , M/s. PARAGON TELELINKS PVT LTD. address SHOP NOM, SATYAM APARTMENT. JUNCTION {0F MG ROAD AND GOKHALE RO, NAUPADA i Drala MANE WEST, THANE -499 802. Mahsrashira Parianant Accourk Number a EAAECP 9889.6 the B5s85568 i lable to pay indirect k Sete Pe uty v8S, DlBSe Furnish the repistration numero, AB DR ach St number or any other idenueston numer ences, hesame : satis = Domesric company Previous, ‘01-Apr-2019 to 31-Mar-2020 a acca aad Section 4448 under wi eset 1B under which the ‘aaantay Wnedher the assessee has opted for taxation uncer pte aon mation undersection ys PART - B 9, Iffirm or Association af Persons, indicate = (9) and ther profit shaving ratios. ic i | itthere is any change in tne partners or members or in thelr profit a oy ratio since the last date of tha preceding yeer, the particulars of Nature of business or profession (if more than one business er profescion coe ——. ‘the previous year, nature of every business or (e) Wthere is any enange in the nature of business or profession, the Particulars ef sucn change. ay Nhat books of account are prescribed under section 44hA, i yes, ‘Books so prescribed, oe books of account maintained and the address at which the books Sf accounts are kept, yy Un fase books of account are maintained in a computer system, mention (0) the books of account generated by such computer system. if the books of ‘Stounts are not kept at one location, please furnish the addresses at ___Iieetions atong with the details of backs of accounts maintained at each A UstoF books of account and nature of relevant documents examined Draft and | udes any profits and.gains assessable on ee a Fano Ig ror te RF, 248, 4408, 44554, 44088, Chapter XE1-G, First Schedule or of accounting employed in the previous year- had / change in the metiod of accounting employed : Taos encore in the immediately preceding previous Year, {0} above js in the affirmative, give details of such change, and hereof on the profit or 05S. Gar Particulars Increase in promt (R5:) (as) - 1 Not Applicat ‘Not Applicsble As per seh.10 No. As per sch. 1 1b Axper sch. Ie No oe Scanned with CamScanner‘ether any adjustment fs required to be made to the pronts © Sampling with the provisions at ncome amputation and eisissure var fotited under section 145 (2) ee ke (a) Hantier to (4) above's in the attiemative, give oatais of such ajustments Tnerease in Decrease in Prom (Rs.) —promuney, NRC ENACE RE 5 1» Accounting Policies 4605 IT - Valuation of inventories 1g03 IH ~ Construction Contracts |c08 IV ~ Revenuie Recognition sCDS V'- Tangible Fixed Assets j¢DS VI - Changes in Foreign exchange Rates 1¢D5 VII - Governments Grants 4105 VIII - Securities ICDS IX- Borrowing Costs EDS X = Provisions, Contingent ‘Lsbilties and Contingent Assets Disclosure as per CDS: ICDS I - Accounting Policies ICDS IT - Valuation of inventories gy KSI Construction Contracts Aspersch 13f ICDS IV ~ Revenue Recognition ICDS V - Tangible Fixed Assets ICDS Vit - Governments Grants ICDS 1X - Borrowing Costs _ICDS X - Provisions, Cantingent Liabilities eng Contingent Assets ‘Not Applicable rom Lower af cost of net {a} Method of valuation of closing stock emplayad in the previous year realisable value [Section 145A} () Incase of deviation from the method of valuation prescribed under section No 145A, and the effect thereaf on the profit ar loss, please furnish: ‘SI. No. Particulars: ‘Increase in profit (Rs.} (Rs) a 15 Give the following particulars of the capital asset converted into stock-in-trade: - NIL fa) Description of capital asset; {bd} Date-of acquisition; (©) Cast ef acquisition, i) Amount at which the asset is converted Into stock-in-trade. 46 Amounts not erecited to the profit and loss account, being, - (@)_ the tems fang within NIL the pro forma credits, drawbacks, refund of duty of customs or excise or (0) Service tax, oF refund of sales tax or value added tax, where SUCH credits, NIL | ‘dritted as due by the authorities concerned; during the previous year; NIL BN nim me NIL. (0) pital receipt, any, NIL 47 ‘Were any land or bullding or both is transferred during the previous year for a NIL f Hess than vais adopted or assessed of assessable by any authority af 2 State Ge ‘Where fn section 49GA of SOG, lease tune, ska ‘Consideration received or Value adopted of assessed or 18 Poricsiars of depraciaton allowable as per the Iocome-tax Act, 2961 in respect ‘each asset or Dock of assets, as the ase roy be; ir Se ohewing = __ Description of asset/biock of assets. _ Rate of depreciation. Scanned with CamScanner{€)__Artua cost or wetten down value, as the case my Be @ popenmek made ta the wren down value une sect THSBAA (OE ‘year 2020-21 oniy} | 460) Adhused written down oniae Additions/dequctions during ‘with dates; in the case of any () enon of a asad bat ae acing sh EMST ‘account | Aided To med and aiowed under the Cantal 7 Seen beget sou pees eM | fil) change in rate of exchange of currency, and \, (9) ss or grr rromtrsra by wave ame Sale (@) Depreciation allowable. (0 Witten down value at the end of the year. _ ae et os (A) 38U4)¢iia), (9) NIL 32AD, (b) 33AB, (c) 33ABA, (d) 35(1}( 350i), 4 A}(lH, CM) 3SC4)(04), (1) 352A) (2A), (ki) 35ABA, (I) 3SABB, ines a ae oh ae (a) 380, (93505) ()3500% ec eck ose sau fours agricable ae ger me provions fhe Income Tx At 1961 or also fulfils the conditions, #f ay specified under (he relevant provisions: Ie Teche El rem tes haaee oy oe pe, ‘Circular, etc., issued in tnis penal. 20 ANY Sum paid to an employee as bonus or commission for services: NIL i (2) rendered, where such sum was otherwise payable to him as profits or il ___ dividend. (Section 36¢4)(i)] i © ‘Deals of contributions rectived from emiskovees for various funds 2s RE ‘referred to in section 36(1)\v8):. o Seriah Nature of SU TECRWE Oye aace for pot The Actual date furnber he payment Amount PAYNE LORE 23 (0) Pasa Tumis te otal of smounis dein tothe proton lees accu, i being in the nature pd eesti, Personal expenditure } ‘Advertisement expenciture in any souvent, brochure, tract, pamnphiet er the - We, published by a politcal party “ats Expenditure incurred at clubs being entrance fees and subscriptions seperate Expenciture incurred at dubs being cost for cub services and faclities used | pana way of peat fie fr vlan of ny iw fr the tie ‘Expenditure by way of any other penalty or fine not covered above Erato aed any rcs nen an oence or wh sponte 5 payment to nan-teicen efered ton gubssause () (A) Detauss of payment on which tax is nat deducted: NIL NaS been deducted but ao icaeeares NIL Scanned with CamScanner11) amount of payment (11D nature of paymene ‘ (IV) name and address of the payee AV) amount of tax deductes {W) Payment referred to in sub-ctause (a) (A) Details of payment on which tax is not d edited’ biti A) (1) date of payment . oe (11) _amount of payment (21) nature: of payment __{HV) name and address of tne payee Details of payment on which tax has bean deducted b (8 Bald on o lore the due dite species msi set (3) oF secon (2) date oF payment (1) amount of payment (211) nature of payment (IV) name and address of the payee (¥). amount of tax deducted _ (VB) amount aut of (¥) deposited, itary (Mi) 95 payment referred to in sub-clause (1b) (Details of payment on which levy t not deducted: NIL (0) date of payment (AY (IQ, amount of payment (111) nature of payment GV) name and adaress of tne payee ‘Details of payment on which levy has been deducted ut nas not been NIL. ‘paid on or before the due date specified in sub- section (1) of section 138, NIL (2) date of payment {8) (1) amount of payment (111) nature of payment | (IV) name and adcress of the payer (V) amount of tevy deducted (V1) amount out of (¥) denosted, i any | Ah) under sub-clause (ic) [Wherever applicable] Lie ©} nder sub-clouse (a) MIL. _(¥)_under sub-ciause (ib) ate (vi) under sub-clause (il) Nik (A) date of payment {8) amount of payment i (©) name and address of the payee 1 NIL. © (em) unter sub-ciause (v) NIL Amounts debited ‘logs account being, interest, selary, bonus. ee ea ean ee under section 40(0)/40(Da) and Not Applicable ‘asallonence/Seemed jncore under suction 404(3) “On the | ‘eeamination of books of account and other relevant (ay See es whether the. cowered under section Yo 40a(3) ie 6DD were made by account payee cheque dravn e BAGS zoo payee bark ra. feat, please furnish te eas (we Scanned with CamScannerName and Permanent Aecount ‘Serat Date of Nature of or Aadhaar Number of Mater’ pevmentfaymeee fomue fumis & Maas On ' books of account and other relevant Sats ot wanton of eee (8) SAGA) read wath rule 600 were mode by account payee cheque drawn 7.4 bank or account payee bank draft If not, please furnish the detads OF amount deemed to be the profits and gains of Business. or profession UNGer section 40A(3A); Name and Permanent Account Serial Date of Nature of ‘pacire ve Number or Aadnaar Number of Umber payment payment the payee, if availabia @ Provision fer payment of gratuity not allowable under section 40A(7); (Tangy OMG DY the assesses as an employer not allowable under section (0) _parvculars of any tabiity of @ contingent nature; SUNT of deduction inaémissible in terms of section 144A in respect of tne {) Teng ture locurred in relation to income which does mot form part af the (amount inacrmssibie weer the Proviso to section 36(1)(lit) Amount of interest Inagmissible under section 23 of the Micro, Small and Medium Enterprises ‘A, 2008. Particulars ot payments made to persons specified under section40A (2)(b): 24 Amounts deemed to be profits and gains under section 52AC or 32AD or 338 or S3ABA or 334C_ 5 ‘Any-amount of profit chargeable to tax under section 41 and computation thereat 26 In respect of any sum referres to in Causes (a). (b). (€), (4), (a), (for toh oF ‘section 438, the liability for which:- (ay, BERR on the frst day ofthe previous year but wes not elowed In ‘the assessment of any preceding previous year and was {) paid curing tne previous year: (ho) nat gait aunng the previous year, (8). Was incurred in the previous year and was Bai6 08 before the due date for fureshing (2) of tne previous veer under secuon $3961) (2) _ not pai on or before the aloresaia dave. the return of income: Yes NIL Nil Nil Nit Nit NIL AS per sch 23 NIL NIL Ni Yes NIL NIL Not Apa Scanned with CamScannerWhether any amount s to be included as income (2) ncame trom other sources” as To seer eae | |(p) I yes, please furnish the fatlowing details (Nature of income (i) Amount (in Rs.) thereat Details of any mount borrowed! ee ar Dorrowed} rapes epenr ome du thereon tindng es oo (Otherwise than through ant account payee NEL. ‘whether primary adjustment sation (#) 92Ce(2), nas been ie oe eee ae » (0) Iy®s, please furnish the following detaiic cide wich cause of section 92CE(1) primary adjustment i= NIL (W Amount (in Rs.) of primary adjustment Whether the excess money available with the associated enterprise ‘(Is required to be repatriated to India as per the ‘section 92CE(2)? ESR See Hf yes, whether the excess money has been repatriated within the (prescribed tie : a f'n, the amount (in RS.) of imputed interest incame on such (¥)@ecess money which has not been repatriated within the prescribed time Whether the assessee has incurred expenditure during the previous year | No by way of interest or of simitar nature exceeding one crore rupees as __feferred to in section 948(1)? Yes, please furnish the folloning details: “Amount (in Rs.) of expenditure by way of intarest or of similar nature (0 incurred ‘Earnings before interest, tax, depreciation and amortization (EBITDA) during the previous year (in Rs.) Amount (is RS.) of expenditure by way of interest or of similar nature as Si) Ger (i) above which exceeds 30% of EBITDA as per (i above Dataiis of interast expenditure brought forward as per sub-section (4) of NIL. 948 (of interest expenditure carried forward as per sub-section (4) of NIL. 998 ‘te assessee has entered into an impermissible avoidance ‘This clause is kept in ‘a5 referred to in section 96, during the previous year? sbeyecce ait ST Sle ge specify: 2021 f the impermissible avoivance arrangement: .) of tax banent in the previaus year arising, parties to the arrangement: deposit in an amount exceeding the limit specified AS persch 31a during the previous year: ‘Account Number or Aadhaar Nuribier 3} Of the lender or depositar; ‘or accepted juered up during the previous count at any time during tied by cheque or mm thvough a bark d by cheaie or pied by on erount ( jo Scanned with CamScannerPersea of 880) SACHS Sam my amcurt cnecing ove epactiats ‘secon 1655S taaer oF actectad Gunng Ine pews ee ‘seem, scdress and Permnnent accsunt Number or Asctaay turion fi () wvplatle wes the sssessee) af tie nérson from whem soecrce eon vmoeves, (meee of species som tame or srcested: sehemer Die soecfied som was taken oy accestes ea wo SEES Sa hee emery ores ket 1) Gast Ihe specter sum was taken or accagtes ‘Sop Sete he See was token or accentes by 2° ecazort Daves cregve oF an account cayse bank oat, (SeScuers Hg) ane (E) nee not be gwen m ne case of a Goverment ‘Sepey. 2 Samaang company or 2 corporation estebishe: by tne Centre, State Prowncal Act) Oo Ge) SSPE Pansecten of ws rescect of ‘Setasion froma person, during the previous year, where Such receise ‘Smienwse Den by 2 cheque of bank craft or use of siectronic sang fester trough = bank account (NOt, aderess anc Permanent Account Namber or Aacihaar Mumba OF sveindie meth ihe assesses) of the caver: (8) Nene of ransacnen relating to one event, (& Gccasion tb 8 person. otherwise than by a chequt or bank dram, SS caer eT es oe eee ao ‘during the previous Same, sccress anc Permanent Account Number or ABthaar © peeiabie wan Ue accesses) of te peyen, nee () Netre of rarsaccee; (B) Amaure of payment (im Rs), Oar: Scanned with CamScanneras (a) Xb) © ay ke 33 Section-wise geta Mikor | its of /, admissible under Chapter Chapter 4. Bieter oh coca, oy NIL, eduction ig 274 fulfils the congitions, any, specified under the relevant provisions, ns Tax deduction !and collection ype-ot. pul Sate. (Date of ACE NUMOR FT hing formined “awed Wo be Ford Pak ‘Amounts aamissibie as per te provision af the Income Tax Act, 1961 ‘of Income Tax Act, 1961 o¢ Income Tax Ausles,1962 oF any other Guidelines, circular, etc, issued in this behalf. MMether the assessea is required to deduct or collect tax as per the pravisions 8 As OF Chapter XVI1-B or Chapter XVII-B8, i yes please furnish: Poach y Tax deduction and eallctian Account Number (TAN) Nature of payment Total amount ot payiment or receipt of the nature-speciied in column (3) {BP orem on wn tax was required ta be deducted or collected ovt of at areunt on wnicn tax was cecueted or coectad at spectied rete out of Amount af tax deducted or collected out oF (6) 8 Total amount on which tax was Geducted or collected at lass than ‘Specified rate out of (5) a Amount of tax deducted or coliacted on (8) Amount of tax destucted or collected not deposited to the credit of the Sena Severmant oto 6) 98 (8) wether the assesses is required to furnish the statement of tax deducted or 4 ‘Tox collected. It yes, please furnish the details: Me Aspe nk ‘Whether the statement of tax ‘deducted oF collected contains information about all ‘Setaisftransactions which are o weune please furnish Ist of details/transactions which are not reported Whether tne assessee 5 lable to pay interest under: , ‘ — to poy Under section 208(44) oF section No ‘Amount oF interest ‘Tx deduction and collection under section ‘Amount Bid: out of cola sccoUne Number (TaN) 201L1AY/206CC7) 6 along th date of paymont payal in the case Of & trading concern, giva quantitative details of principal iterms of Not Applicable (0) opening Stock: (8) purchases during the previous yaar; (ii) sales during the previous year; (rw) cosing Stock; (¥)___shortageyexcess, if any. 19 the case of manufacturing concern, give quentitative detais ofthe principal ‘Items of raw materials, finished products and by-products. Not Applicable Scanned with CamScanner; (i) purchases during the previous i ves; | (iH) quantity menutactures dung the prevous years (iv) sales during the previous year; . {¥)_ losing stock; |, yrine case of 3 domestic Ioan 115-014 efor fr nO Stroud rs ner Nile {tobi AMOUNE OF distributed profts; amount of reduction as referres to mn section 135-0(tay0); ‘emount OF reduction as referred to in section 145-0(4ay(1); ‘total tax paict thereon; \ dates of payment with amounts. whether the assessee has received Cy To SeOn ot RTO the nature aden No IE yes, please furnish the folkewing detalis; (i) Amount received (in Rs.) NIL {H) Date of receipe Whether any Cost audit was carried out, If yes, give the detail, if any, of + Sennanenvon ‘of disagreement on any atter/tamyeloafatia by 8 may be NA reported /idantified by the cost auditor whether any audit was conducted under the Central Exci 1944, if yes, PF tneaets, any, of cisquateaton or sgseemrt ony mote NA fitem/walue/quantity as may be reported/identified by the auditor. p Whether any audit wes conducted under section 72A of the Finance Act, 1994 in ‘elation to valuation of taxable services, if yes, give the details, if any, oF NA a fsease or disagreement on any matter/item/vatue/quantity as may De reported/identiied by the auctor: (0 Details regarding timaver, gross profit, etr., for the previous year and preceding Axper sch.40 year: ‘5, Material Consumed/finished goods produces “(rhe details required to be furnished for principal Items of goods traded or peor ice rendered) er aaioeea ised ar refund issued Hea ares he ote re cra Tox A L951 ore Wann tx AC, 1957 NIL ‘with details of relevant proceedings, by ‘Whether tne accesses is required to furnish statement in Form No.61 Or FOr Ne. (8) No. 61A or Form No, 618? ‘NIL Ch “yes, plaase furs aa “Ineome-tax information about all ea Department hyp pate of transactions which ore req Reporting or coneiad furnishing, ibe ie reported not, please Fr Fermin _detalis/teansactions which are nat Scanned with CamScanner| (2 not due, expected ate of ing — _S* Break-up of total expenditure of entities registers or not registered under the GST: Ri: Total mount. Expenciture in respect of entities registered unde? GST eo, sengiture ac 2021 Mig, Ou : (Snare and Sa ofSl fn pa, THANE WEST Name of the signatory: CHINTAN DHIRA) sary, Dace: shi] 9.4 Partner, M. Wo. 153699 Firm reg. No, 1352249 ‘Ful goress 101 SIDDHIVINAYAK, NEAR i, SCHOOL, VISHNU NAGAR, THane woe 602 Maharashtra * ~~ Scanned with CamScanner‘Schedules to Form SCD - M/s. PARAGON TELELINKS PVT LTD - &.¥, 2020-21 “ ndienet tax Reg. Numbers indirect Tax law details VAT Act Maharashtra Other: LET i GST Act: Maharashtra stalls of business | profession Sector | Whoiesate / Retail Trade Books maintained ‘Bank book ‘Cash book Journat Ledger Purchase register Sales register Stock register ow ee {c: Books f documents examined Bank book ‘Cash book Journal Ledger Purchase register Sales register ‘Stock register ‘Bank Statements Purctase Invoices Sales Invoices Expense Vouchers ‘Credit totes Ne DE oO ee [8f; Disctosure as per ‘COS ICDS | eps 1~ Accounting Policies Reg. No. 378807032960 TMC-LBT-0006739-13 ‘27 AAECPSBS2G 121 Sub-Sector Code Particulars of change: Retail sale of other products 99028 ‘No Change SHOP NO¢, SATYAM APARTMENT, JUNCTION OF MG ROAD AND GOKHALE AD, NA\IPADA THANE WEST, THANE-400 602, Maharashtra odor Disciosure Mercantila system of acceunting i followed during tha year, As informadt to us, there no change in rmathad of accounting From thas employed in immediately praceeding previous year Inventories are valued at cost oF NAV whichever is Jower, Value of closing stack as an 31.03.20 is As 1,68,49,960,99/- thot applicable. All revenues are recognised on accruai nasis Fixed Assets are stated at Ost less depreciation Assessee has not recelved any Gevernment Grants. No borawing enéts were capttabsed during the yes. ‘Thare are no contingent iebilties ie 2 ( Scanned with CamScannera e & 5 et B = 5 oO le = 3 3 3 & = 8 8 a “{* nt i) Teer Soares 16 es sco's ¢ z ) ceive eee B’se’09'9 = O'ee'er 'er't eo'aeee’s © o'es‘ee’s ath rec're't sto'ee erezt'2 uN TIN EIS'SE Sop'29 ToS'erT IN Tos'et't) | WOP spenisup mepias og nan yt wereo ts 1s9°60'6 Epe't2'09 TIN uN roo’st eae -ges’es"9S TIN Ste'ss'9S || KST S9z'PE'S9 czc’ze’s © Sev'99"te UN nit Sesto: co'er's PBC'EE'S+ ear'se’se MOT qostrs‘oe's © 6ee'2Z'9E Bape zg'¢ UN IN UN BP any Oarertege ope'stics'2 Nor qecestos't «= TOES Fyraggey UN um UN UNTO es" qiv'oe'es't 45 oroeto te | Geeta vwestt © 6t'bo'T0 Cuunp 6 OTP «61 Ol r ar sn aur ans nam PN ao fe uo se om —boeDeudRa OL wonem@G — gy ind aoe suoMPpY OKI pmenipy ATM se wr aad awaunsnfoy* tus to Form 30 - M/s. PARAGON TELELINRS PvT.LTO - a, 2020-21 update of Adon to Fue anste por never eating (oon, factory), [peur ctrl Miogs ey 105% rr, electrical tings a 10% “puntara, elacocalFiings @ 1095 ruta, abecineal ming 10% umiture, electrical fitings i) 10% Fare, ecical fings 10% | Feiae,eeetnea tings @ 10% ‘Feeitre, slectncal tings @) 10% | Furtue, elcid tings @ 10% | Furies, eleciiea iengs @ 10% | Ponte, alectncal fitings @ 10% Pur, electro tings @ 10% | Furiture elecrcal tings 10% | Fortune, electrical tings @ 105% | Future, efecarcal ings & 19% | Fura, electrical Finge @ 10% | Fumitare, eect tags @ 10% + Future, electees!Fings o& 10% 1 Fumitre, lacie Rings @ 10% | Fuerte, elec figs @ 10% Furies, wcicalRaings @ 10% | Fumture, elecitcal tings @ 10% | Furnture, elec fiings @ 10% | Furtre elect tgs @ 10% Lremture, eectieal ngs @ 10% | rete ect ge @ 10% Furnture, electrical ings (@ 10% Furniture, slectica ftings @ 10% Furniture, elcincalfitings @ 10% Amount 4,04,08,030 17,310 95,000 25,000 20,000 20,000) 13,000 76,808 300,000 58,055 32 20,000 20,000 20, 20,000, 10,000 5,000 5,000 7.400 20,000 20,000 30,000 10,000, 20,000 40,009 10. 20,000 50,000 17,886 20,000 20,009 18,338 23,251 20,000 25,000 110,000 20,000 20,000 0,000 25,000 25,000 50,000 20,000) 34,000 4 Date of Date put to use Aqjustmentsif purchase O1-Apr-2019 28-Feb-2020 08-00-2019 05-04-2019 09-Oct-2019 14-Oct-2019 19-02-2019 210-2019 31-Oct-2019 (03-Dec:2019 05-Dec-2019 07-Dec-2019 09-Dec-2019 08-Dee-2019 09-Dec-2019 10-Dec-2019 28-Bec-2019 26-Dec-2019 30-Dec-2019 O3-ten-2020 ‘g2-Ian-2020 ‘03-2en-2020 (03-220-2020 04-2an-2020 -Baet-2020 10-Jan-2020. 40-¥an-2020 17-tan-2020 ‘2i-tan-2020 2ian-2020 2a-lan-2020 22-4an-2020 24-4an-2020 26-1an-2020 26-tan-2020 ‘26-4an-2020 O2-Feb-2020 02-Feb-2020 02-Feb-2020 06-Feb-2020 06-Feb-2020 09-Feb-2020 08-Feb-2020 13-Feb-2020 Ot-apr-2019 28-Fed-2020 (08-Octs 2019 05-Oct-2019 09-Oct-2019 44-Oct-2019 19-Oct-2019 MOet-2019 M-0ct-2019 03-Dec-2018 05-Dec-2019 07-Der-2018 09-Dec-2018 09-Dec-2019 40-Dec-2029 10-Dec-2019 28-Dec-2019 28-Dec-2019 30-Dec-2019 ot-an-2020 02-tan-2020 03-3an-2020 (03-30-2020 (04-3an-2020 $0-Jan-2020 10-Jan-2020 40-Jan-2020 17-3an-2020 21-Jan-2020 21-Jan-2020 22-Jan-2020 22-Jan-2020 24-200-2020 26-Jan-2029 26-tan-2029 24-tan-2020 o2-Feb-2020 02-Feb-2020 oz Feo-2020 06-Fan-2020 06-Feb-2020 09-Fen-2020 09-Feb-2020 13-Feb-2070 Scanned with CamScannerSchedules to Form 3CD - M/s. PARAGON TELELINKS PYT LTD - A.¥. 2020-25 sect flags @ 16% 20,000 14-Feb-2020 14-Feb-2020 ection Ring @) 10% 4,932) 18-Feb-2020 18-Feb-2020 ecircalftings € 10% 20,000 19-Fet-2020 19-Feb-2020 cumin, electrical ftings @ 10% 10,000, 21-Feb-2020 21-Feb-2020 local ings @ 10% 20,000 24-Feb-2020 24-Feb-2020 pean Iatah ag 30 10,000, 03-Mar-2020 03-Mar-2020 umtue, eecanical tings gj 10% 15,000 12-Mar-2020 12-Mar-2020 Fomiur,aletrical tings @ 10% 10,760 puri, electca tings @ 10% 10,000 aiure, eleetneal Tings 10% 5,000, 16-Mar-2020 16-Mar-2020 rurnture eectcal Sings @ 109% 40,000 18-Mar-2020 18-Mar-2020 Furiture, electrical fithings 10% 24,612, 02-Mar-2020 02-Mar-2020 Fariture,elecbical tings € 10% 25,853 14-Mar-2020 14-Mar-2020 Future, ebecsical tings 10% 23,633 06-Mar-2020 06-Mar-2020 Fume. eect ings 107 10,350, 20-Feb-2020 20-Feb-2020 Fumtue, elects ings 10% $8,430 14-Oct-2019 14-Oct-2019 Furstue, alectncal rings <2 10% 36,790 18-0cv-2019 15-Oct-2019 Fuesbire, acta ings 10% 10,000 14-Oct-2019 14-Oct-2019 Furntir, wectncal tings @ 10% 9,168 20-Oct-2019 20-Oct-2019 Fomiture eectncal fins @ 103% 10,000 i1-Fep-2020 11-Feb-2020 Future, electrical Ftings @ 10% 1,955 2S-fen-2020 25-Feb-2020 Furie, Secincalfitngs @ 10% 134 05-Jan-2020 05-Jan-2020 Furniture, wlecircal Rings & 10% 2850 15-2015 15-Jul-2019 Fumiture, eecincal tings @ 10% 42,180 04-Jul-2015 04-JuL-2019 Fumaure,elctncal tings @ 10% 12,697 0-3-2019 10-1ul-2019 Foriture, elctrcal tess @ 10% 6.535 iG-Wur2018 16-Jul-2019 Furniture, electra tings @ 10% 90,000 03-Sep-2019 03-Sep-2019 Furniture, elactecal ftags @ 10% 7,200 OG-May-2019 03-May-2019 Furiture,electrca fitings @ 10% 29,000 O4-¥ul-201904-3u/-2019 Fumiture, slecinest fitings (10% 39,000 O4-Wul-2019 4-2u/-2019 Furriture, electrical ings @ 10% 39,000 O8-W-2019 0B-1u1-2019 Furitue, electrical tings @ 10% 49,500 Li-Wu-2019 L1-JuF-2019 Furture, slecirca tings © 10% 39,000 14-2ul-2019 L4-JuF-2019 Furniture, slecirca tings & 10% 39,000 47-Wl-2019 17-2u-2019 Fusriure, electrical fittings iB 10% 19,000 18-Jui-201918-u+-2019 Fesninure,stecticalftings (10% 19,000 18-Jul-2019 18-2ul-2019 Fuenure,elecincatftings @ 105% 39,000 21-Jul-2019 2i-2ul2019 Furniture, eloctncal ftings @) 10% 19,000 24-Jul-2019 24-Jul-2019 Furiure, slectrcalftings @ 10% 52,868 01-Aug-2019 01-Aug-2019 [Furrtsire: tories! tings © 10% 19,000 10-Aug-2019 10-Aug-2019 ‘tecrrcal ngs @ 10% 8,800 12-Aug-2019 12-Aug-2019 slactnca ings & 10% 19,000 12-Aug-2029 12-Aug-2029 electrica’ fitings @ 10% 5,000 31-Aug-2019 31-Aug-2019 sy? fangs t0% 20-sep-2019, 2tenanie (KM 2-Sep-2019 20-Sep-2019 28-Sep-2019 | 28-Sep-2019 in 30-Sep-2019 30-Sep-2019 Tw 03-May-2019 03-May-2019 : Scanned with CamScannerFumiture, electrical fitings @ 10% Fuminire electrical fitings @ 10% Fumitre, iectcal mings @ 10% Fume, sireal mings @ 10% fot block 4 Caralup te 2-8-19), Plant, machinery @ 15% Carslup to 228-19) Plant, machinery @ 15% Cars{up to 22-8-19), Plant, machinery @ 154% Carsup to 22-8-19), Pisnt, machinery @ 152% Cars(up to 22-8-13), Plant, machinery @ 15% 47,581 7,935, 3,525 1,763 2,710 2,363 5,083, 88,350 2,975 3,305 305 7,332 12.116 74,125 4,800 3,250 5,090, 19,000 419,000 10,000 40,000 es 90,319 26,286,226 45,001 2,00,000 25,000 37,030 5.935 25,700 7,031 7,031 23,874 7,422 3.98 45,000 4,03,008 4,13 20,000 14,000, 18,305 5,400 15,300 23,400 6 06-2019 08-10-2019 09-2u-2019 1au-2019 253-2019 26-30-2015 153-2019 s39u-2019 io jue2019 1o-su-2019 2i-e2n9 03-Aug-2019 09-Aug-2019 26-Sep-2019 05-Aug-2019 22-Aug-2019 a5-Jun-2018 27-Jun-2019 26-Jule2019 P-hug 2019 2a-Aug-2019° 25-May-2019 33-3ule2019 28-Oct-2018 ‘29-dun-2019 01-Aug-2019 sewe2019 23-74-2019 222ur2019 03-May-2019 21-May-2019 18-31-2019 13-Aug-2019 43-Jun-2019 27-2019 ‘J1-Gec-2019 30-Jan-2020 09-Jan-2020 09-Jul-2019 16-Jul-2019 20-May-2019 15-Aug-2019 Schedules to Form JCD - M/s. PARAGON TELELINKS PYT LTD « A.Y. 2020-2 06-Jul-2018 08-)ul-2019 09-2u-2019 ad-sul-2019 25-4u-2019 26-4ul-2039 5-10-2019 43-tub-2019 10-34-2019 30-Jul-2019 Pid 2019 O3-hug-2013 09-Aug-2019 26-Sep-2019 Os-aug2018 22-Aug-2019 15-Jun-2018 27-Jun-2019 6-1-2019 22-aug-2019 22-Aug-2019 25-May-2019 ‘Badu-2019 28-00-2019 25-Jun-2019 Di-Aug-2029 18-Jul-2019 23-2019 22-Jul-2019 Od-May-2018 Bi-May-2019 38-1u-2019 13-Aug-2039 13-Jun-2019 27-ur2019 AeDec-2019 30-Jan-2020 (09-Jan-2020 yu bee (se 99-Jul-2019 16-Jul-2019 20-May-2029 wy 18-Aug-2019 Scanned with CamScanner‘Schestules.to Form 3CO = M/s. PARAGON TELELINKS PVT LTD - ALY, 2020-21 cof hock ® 97,918 Tota 1,35,37,172 15; Details of amounts debited to the profit and loos account j. No. Particulars ‘Amount in Rs. \gapital expenditure |perscnal expenditure 4 Denatien 20,000, 2 Imerest on taxes 14,088 Total 44,088. |,gvertisement expenditure im any souvenir, brochure, trac, pamphlet or the ike, [published by 2 politic! party [expenditure incurred at clubs being entrance fees and subscriptions lexpenditure incurred at cubs being cost for club services and facilities used lexpencitute by way of penalty or fine for vielation ef any law for the time being force [expenditure by way of any other penaity or fine not covered above ‘expenditure incurred for any purpose which is an offence ar which Is prohibited by Faw Pinna Amounts inadmissible uis 40(a}(ia) - Tax not deducted ate ot payment AREWES nacre of payment Nene ond adres of epee 2 ee 50,000 FeesyRoyany Ana! Vaya, Thane, Thane, 400003, 2 oe 22,000 Fees/Rayaity Aru Valaya, Thane, Thane, 400001, aoe 55,029 Works Contract Navin Motors PLtd, Thane, Thane, 400001, | ‘Total 1,27,029 (23: Payments to specified persons ule A0A(2D) Name ‘Amount Relation PAN Nature of Transaction | het Shan 11,00,000 | Director AXLPS 6172. Salary 2 Hiren Snaty 22,00,000 Director ARCPS 89981 Spiary [a segrutiv shan 11,09,000 Director AQPPS 4685 Salary 4 Vipul Snan 22,00,000 Director ACBPS 6219C Salary ‘5 Vipul Shah 32,76,204 Director ACBPS 6219 C Interest of loan 6 Dhruti Shah 5,50,337 Director “AKLPS 6172 P Interest on Loan 7 jagrut v Shah Director AOPPS 4665 A Interest on Loan 8 Hiren Shan Director ARCPS 8998} Interest on Loan ‘Total Aaccapted | Accepted Amaunt of squarea MONMUM "Sy by we a lecesity tenn up) “TOUR Cheque/0 payee AAFCK 1308. 40,00,000 Yes 40,00,000 RTGS = NA “nceps62i9.c 3,40,80,000 No *89204 cnaque Yes: AOPPS 4655.4 61,650,000 No 73,19,212 Cheque Yes. avers ei72e 02,00,000 No MSE crenue | Yes Scanned with CamScannersg — tras Sehetules to Form 3co - 7s, PARAGON TELELINAS PT LTD ~ 25% OEE 8h i AACPS 8988) 65,065,350 No 56,46,350 Cheque Yes ‘589,86, va ° nat Deposits! vums repaid ws: 2697 Maximum Rapa! by Rapald by Address mous PAN nt of Chet) Ae ba , ; repayment Amount chaqueyo0 press? loans ‘AAFCK 1308. | 40,00,000 40,00,000 Cheque aes ‘Thane ACRES 6219 ¢ | 30289.71' 9.60,20.43 chequa Yon gagnal Shen Thane AOPPS 4655.4 76,00,000 73,19,212 Cheque — ‘phuti Shah Thane AXLES 6172p | 98,75,000 1978237 Cheque Yee yiren3'Shan Thane ARCPS 8998) 63,50,000 56,46,350 Cheque Yes 581,247, 12 Brought forward Loss Alliosses//—_Ameunt as ‘allowances adjusted by | not withdrawal of haere ot Amount allowed auicitional Amount Asst. ASS ee itnce 8 under Gepreciation on as Order order Remarks, run returned* action account of assensed No. ate | 1:58n4 ‘optng for takation under L. section 115BAA Assessed | Amount is as per Depreciation 467,049 4,67,4489 self “allowance ‘assessm ‘ent ws 1408. Assessed | Amount | \s as per ‘eorecation | 90,99.58 becca sev allowance assessm ent u/s 140, 070 95,67,0 95, na NIL a a4 ed deprecistion is tess and no appeal pending then lake assessed. Scanned with CamScannerined with CamScanner Scant o 620d ‘oe zoe ees CWE Les eee asec al we om raviete rvs oteier 9 7 esr use uarorie weve Ti 1. oon 'ee% ‘o00'co'e ‘900'90'98 000°00'S8 oN 1 otOr 900's0" o00's0'® Tie ot aN oon'e coz O08 0868 neces WN ex's were nae oar 0 9 severe @ i ) a 4s) joane () mo ir) aie) payDeds te) (a) wo (9) 0100 IEL peYIRdS Jo INO pEDAND : pensanca 10 UES, paw 29 e pnoe> 10 49 PSNR Hess Kei petangen xe) 2 EEESI © Deronpep we BeDnpeD sew sa SYBBHODR! ogra) Jo Toke se enowy Sion oe ee eoL wo new yes °° Ow qunowe (m0. WG HAK seid 20 BHA JPIdeUD Jo BUOTRInOLd out sed ee ey,a Schedules to Fovm 3CO - M/s. PARAGON TELELINKS OT LTD ALY. 2020-27 uss toes returns ; Soins tre L 2 ‘jax deduction and Type of Date of information about ail fartan Account Number TEST Due tate rusting, sama ten aa enue? rand) furnished tw ba reported. IF rot, plamsst Fu wt of detalepransactiors wtih ae nat reported, PNEPLIZSGF 26Q 15-Jul-2019 26-Jul-2019 PNEPLI256° 369 45-Oct-2019 30-Oct-2019 PNEPLS256F 26Q —— Si-tan-2020 30-Jan-2020 PNEPLI256F 26Q 1S-Nual-2020 ‘3-Jul-2020 PNEPIIQSF 24Q iS du-2019 23-30-2019 PNEPLI256F 24Q 15-Jan-2020 30-Dec-2019 pNEPISZS6F 24Q 15-Jen-2020 © 30-Jan-2020 PNEPIIZS6F 24Q 15-Jul-2019 31-Jut-2020 40: ‘Accounting Ration Per Current year Ratio to Last year agin | amount tumover(%e) Seen. [1 Total tumover of the assessee 45,39,71,710 39,82,07,735 an 2 Gross proftyturnover 4,09,48,969 gaz o97,72,603 AS 3 Net profiurnover “54,02,467 19 #3,958.837 4 Stocksr-trade/tumaver 1,68.98,961 at) ee § Material consumed to Finsshad gonds bes ‘aa Matesal consumed NL ft Finished gonads nroguced mn | For CHINTAN DB. SAIYA & co. A 7 : nse Nia ead CHINTAN DHTRAG SAYA Pactner, MNO, 153889 . 9 Oe pment ota} gain ne eon 20 Scanned with CamScannerFORM NO. 298 (See ule 40 51 Report under section 415JB of the income-tax Act, 1961 for ‘Computing tht book profits of the company 1, Weave examined the aecounts and records of PARAGON TELELINKS PVT LTD, SHOP NO4, SATYAM APARTMENT, JUNCTION OF MG ROAD AND GOKHALE RD, NAUPADA THANE WEST, THANE, 400 602, AAECP 9852 G (name and address of the assessee wan PAN) angaged in the business of Wholesale / Retail Trade-Retail sale of other products inature-of business) in onder io arrive atthe baok gefite during year ended on the 31st March, 2020, 2 We cenit thatthe book profit his been computed in accordance with the provisions ofthis sectan. The payable under scion 115JB ofthe income-tax Ae ia respect ofthe sasesscnen yoo! 2020-2021 fs Rs. NIL, which has Peer eteoined onthe basis of ne detals provided in annenure appended to this Form 4} Gut opinion angio the bert of cur nowieige and scoring che explanations givento us, the particulars given nthe Annexure are va and correct. © For CHINTAN D. SAIVA & CO. ee Coxe Pace: THANE WEST (yur ee AO CHINTAN DHIRAJ SAIYA, Partner, M, No. 153689. Firm reg No. 136224W 107, Staahwinayak Bullding, Vishnu Nagar, Neupada, ‘THANE WEST, 400.602 Vom 2NSagEs AAA C BIAF Scanned with CamScannerAsean. MG ROAD AND GOKHALE pp, NAUPADA THANE wesr, THANE, 400 602 3 Permanent Account Number. AAECP 9852 G 4 Assessment Year 2020-2021 ANNEXURE {S00 paragraph 23 [Details relating to computation of Book Profits for the purposes of sactan 111808 of the Income tax Act, 1961 pan a ‘General - Applicable to ail the companies: isa sj s'eoesbed: pence TELELINKS py SHOP NO4, SATYAM APARTMENT, JUNCTION ge “Financial year adopted bythe company unser the Companies Ad 2043 [18 of 01/04/2019 31/03/2020 2015), Order eumber of the appranng Tnbunal “Totatincome ef te eampany under the Aci NIL Jneame-tax payable on total income, NIL “Winatner statement of pot and loss is prepared in accordance wn ths rovsions “Of Schedule il to the Companies Act, 2013 (18 of 2033) ‘Where the financial year reteréd 10 in Sl. No. 5 above is same the relevant Dravious year, whether the stakiment of profit and loss elered ta in Si. Mo. & ‘above has followed the same accounting poicies, accounting standards ee | Preparing the statement of profit and toss and the samme method of rates tor | ctleadating dearecition as have: been adopted for preparing accounts aed befor the company at its annual general mactng? if not the extent andinaiure of ‘venation be specified (atach working seperately, where required}, Yes Yes 40 Where the financial year referred to in Sl Ne. S is not the same ms the eclevant (Not Applicabie | | | Li (previous year, whether the statement of prof and loss referred io in Si Ne. & bove haa followed tha same accounting palicies, accounting standards for _ preparing the statement of profit ord loss: and the same method af rales for calculating depreciation as have besn adapted for preparing account forthe _etpci pr lie eral on oa Dt cman t — Scanned with CamScannersro ners mowing? not, the enent ac rate of vrai be apectiod attach working separa, where required) {41 Prof according to siaisrmant of profit and ioss refered toin Sl.No. Baboveas -44,85,542 _adyested by the amount or apgregaie of amounts on account of vanations velerad ton No 9or Si No. 10, as the case maybe 40) Rod, Amount or apgrogate of amounts refered fo clauses (a) to (kt Explanaion 1 ub-secton (2 of it sachon (atach warkng separately. WETS as per sch, 12 regured, {14 Less: Amount of aggregate of amounts referred to in clauses (i) 0 (vil) of Explanation 1 of sub-section (2) ofthis secton (attach working separaialy, WEE As per sch.13 auced 44 Adal(Less): Amount of adjustments 2s refered tein sutsaction (2A) ofthis section saber he nancil stalements cf he comgany ae den up comkance th the ndan Accounting Standards spaced in Annenire tne Companies indian | N [ecouing Stasarés) Rul, 2015 lore previous year or ary por ‘thersoftamount from S|. No. 28 of Part B). 1B Adi[Less), Amour ofadjstmets es refered fon sub secton (20) of ts seston wher ne fnanci statements fe company are dawn ap in compliance lh ha inan Aecourting Slandaris cpectied im Annerirato the Comeanies NA ean Aecouning Standards) Rules, 2015 0 he prmvaus year or any pat {hereaf (erount trom Si. No 3 of aC) 16 Acdi(Less) Amount ormpgregat one amourts lao nthe sut-ctvses (8) to (E) of cause ip of Exlanaton te sub-section (26) f this section or the Dprevaus por or any ofthe preceding prewous years and sable fo such asset or NIL investment mired capomed, reais ox cthecwise Franstered during the previous yao (atch vesting separa. where required 17. AtdiLeas): Amount ar aggregate the arrouns refemea tom he sub-lavae (F) ef elas of Espisnaton fo subsection (2) of nis atson Fart previous year rary of te preceding previous years and relalabie to uh faregn operations = NIL lapsed or ctbarwie rantarad sing the previous year tttach working ‘spetay, whore quired) 418 Book prot as computed according 1 Exanatin 1 gen in sub-section (2) mad -54,02,467 "pith subsections (28), (28) and (20) (al of Se No, 11 10 17) | 19 15% cr-book profi ws computed in St Ne. 18 nL A hease ncome-tax payable by te company rales lo.8t Sl.No 7isless than NTL |Giheen percent of ts:book: profits shown in Si, No, 18, the smount of income-tax payable by he company would be 18% of Si Ho. 18, ie..as per SiNo. 19 Scanned with CamScannerPart B Details of the amount required to be Increased or creased in secordance With sub-section (2) of section 1156 EAppiicable only where the fnancial stateménts of the company are drawn Up in compliance with the Aeconling Standards spectied in Annexure to tha Companies (Indian Accounting Standards} Rules, 215 te my _Provviows year or any part thereof) ‘No, Particulars | 21. "Yaart convergence an satin caves) of Enlanaton ie sub-section (2G) ot ‘ha section, 22. Convergence dain 23, ‘Totel amen redted to he other compeanensnaincametn ine stternent of prom and loss. Pee } 24. Totalamount dabied the the camprehersivencomein sare of prot and joss, bite) (25. Increase or decrease referred to in sub-section (24) of this section () | increase on account af amounts credited \9 ather comprehensive income Lunde the head "Ners that will note re-ciassitied to prot or oes" {il} decrease on accoxnt of amourts debit te otnar compretiensive income Lund the head “nam that will not be e-classfed to profit or ioss* Gi) increase on account of amounts or aggregate of amounts debiind tothe | ‘slalement of proft and loss on distribution of non-cash assets to ‘Shareholders in a demerger in accondance with Appand A ol the indian Accounting Standaed 19 | decrease on account of amounts or aggregate of amounts crectied tothe ‘statement of profit and lass en distribution of ron-cash assets to ‘shareholders ina demerger in accordance with Appendix A of the Indian Accounting Standard 10. NA NA Na NA Scanned with CamScanner‘elerted jon the fret provi of sub-section (2A) ofthis ‘cba forte previous year or any of praceing prvi years and Felalable much asset orinvestent retired, csposed. ‘alized oF there tanstered doa the prec yea? 26. Tots (yt (il (amount tobe carted to GI No, 14 of Pat A NA Pate ‘Deals ofthe artourt requires tebe inereneed or dacrassedin accoraance with sue-eection (26) of ection 11508 [Appcable coly where ha Fingal sistema of he carpary ae dam up eile with th ncn Areca Sears ‘pected Arnexure to the Companies (nian Accounting Standards) ‘ules, 2015 for Da previous year or any part thera) z {To be filed upor the year of convergence and each othe flowing four previous years oni] st St Particulars 27 Year of convergence as defined in clause (of Explanation to sub-section: (20) of mnis section 28. Cofverpance date. 29. Amount or the aggregate of te emounis adjusted in he oir equity 4 {Including capital reserve and sacunties premium reserve) NA 30 Tobe increased or decreased by ti) amount er agoregate of araunts adhusted in Gaptal reserve NA (i) arount or aggregate of arounts adused in Securties premium reserve {lip amount or aggregate of erounts aciustad in the other comprehensive income on the convergence date which shallbe NA subsequently reclassified to profi or loss | (i) amount or aggregate of amounts acjusted ia Revaluation surpus _orassets in socordance withthe nian Accounting Standards 16 | ‘end Indien Accounting Standards 36 adusted'en he convergence gains or losses from investmert in equity instruments Gesignated «ater value trough olher comprehensive income in ecvordsnee «with indian Accounting Standards 108 adlusted on the We A Scanned with CamScanner‘accordance with peragraphs DS and D7 af the Indian Accounting | ‘Standards 101 on the convergence date. | (vi) aduestments relating 1c investments in subsidiaries, joint ventures land associates recorded at fai value 8s deemed cost in | ‘accordance with parsoraph 15 of the Indian Accounting ‘Standard 191 on the convergence date (vii) schustments relating to cumulabve tansiaton differences of a ‘foreign operation in accordance with paragraph D13 of the indian NA /Azcounting Standard 101on the converpance date, NA (od any other adustment (to be specified), NA 31, Tota! [29 +7 (3 30 (10a) < wt 2. 15th of he $1 No 3ttamourt to be-camed to $| Na 15 of Part Aj. NA 33_Detals of aqusiment for vansivon amount (i) Tota ransivon amount NA (W)Amount or aggragate of amounts adjusted ti mmediately Rx preceding year (ii) Amounts adjusted in this year NA (iv) Amount to be adjusted in the suosequent year(s) NA Sch. 12: Adattions | Clause of Explanation 1 to Section 11810(2) Amount Z 73, 54,705 T= 79,54,709 a 110 Bee 7 pres Ament li Degrecason sxchiing deprecation on occu! of vation ctansats 1778, 84,700 j-Daferes ta crested io Profit &LoesAo aah 916,928 ‘0, 71,631 Scanned with CamScanner