DETAILS OF THE CASH PAYMENT ABOVE Rs.20000/- WHICH ARE DISALLOWED AS PER INCOME TAX: 1.

AMBADEVI: CASH VOUCHER 275 313 DATE 30.09.2011 25.10.2011 AMOUNT 27980/24202/NATURE Tea expenses September 2011. Purchase of Sweets on Diwali.

2. CHANDIDEVI: CASH VOUCHER 1081 DATE 29.01.2012 AMOUNT 26970/NATURE cash paid to bhupendra for tea & refreshment. cash paid to bhupendra for tea & refreshment. cash paid to bhupendra for tea & refreshment. cash paid to bhupendra for tea & refreshment.

932

15.12.2011

24132/-

668

30.09.2011

23285/-

894

28.11.2011

22545/-

3. KOLKATA: CASH VOUCHER 13 DATE 20.06.2011 AMOUNT 50000/NATURE Paid to AK Ladha for advance against Orissa Tour. Paid to AK Ladha

99

04.02.2012

23555/-

4. KALIDEVI: Advance against expenses above 20000/- are given to some employees, where the amount is refunded or adjusted against expenses. 5. DELHI: CASH VOUCHER 621 622 166 DATE 29.03.2012 29.03.2012 11.07.2011 AMOUNT 28458/25777/Rs. 40000/NATURE Reimbursement of medical expenses Reimbursement of petrol. Given as advance for tour, but the hotel bill against which this advance is adjusted that exceeds 20000/-

LIST OF BALANCES OUTSTANDING MORE THAN 3 YEARS & NEEDS TO BE WRITTEN OFF:UNIT Delhi NAME OF PARTY Provision for FBT OUTSTANDING SINCE March 2009 AMOUNT 4030000/-

Mansadevi

HCL infosystem ltd. Indiafin Technologies ltd. Khimji Poojna freight Forwarders Pvt. Ltd. Small creditors Vintron Convergys Ltd. Sundry cr. Mohan & Co. Sundry cr. Prem Singh Chuhan

April 2008 April 2008 April 2008 April 2008 September 2008 August 2008 April 2008

32714/22000/17358/6000/71292/6500/3000/-

Entries relating to EDLI, Administration charges, PL encashment, superannuation and gratuity were not passed in Kolkata separately, as consolidated entry are passed in Delhi. PRIOR PERIOD ITEMS:UNIT VOUCHER NO. DATE OF VOUCHER 29.04.2011 30.04.2011 13.04.2011 02.04.2011 15.04.2011 18.04.2011 16.05.2011 10.04.2011 31.03.2011 ACTUAL BILL DATE 17.03.2011 31.03.2011 31.03.2011 22.03.2011 31.03.2011 31.03.2011 30.03.2011 27.03.2011 14.03.2011 CHANGED BILL DATE AFTER CUTTING 17.04.2011 01.04.2011 01.04.2011 ------------------AMOUNT

Mansadevi Chandidevi Ambadevi

Kalidevi Delhi

MNS-44 MNS-82 JV-8 JV-3 JV-7 JV-11 JV-50 JV-11 JV-2104

1930/---20007/43785/85000/36000/133350/58120/19854/-

IRREGULARITY IN THE STATUTORY DUES NOTICED BY US:1. KALIDEVI UNIT: VAT return for the month of December needs to be revised. Amount of sales in VAT form -201 of December month is written Rs. 10,68,986.16 instead of Rs. 10,66,066.16 Unit has paid VAT for the month of February taking sales of Popcorn & Sweetcorn at Rs 40291 & Rs 11670 respectively. However, actual sales for the month of February are Rs 41132 & Rs 12089 respectively. The differential sales of Rs 841 & Rs 419 respectively is transferred in the month of March and accordingly VAT is paid in April. Hence, VAT on sales of RS 841 & Rs 419 which was payable in March was paid in April, resulting in delay in payment of VAT.

Service tax challan of 31st March amounting to Rs. 187/- does not carry date of clearing marked by bank. So, we are unable to comment on delay in depositing the same. 2. AMBADEVI UNIT: Service tax for the month of March amounting to Rs. 377/- was paid on 6/04/2012(due date 31.03.2012) with interest @13% for 7 days.

 VAT amounting to Rs. 2675/- on Scrap sale of Rs. 53495/- on 04/09/2011 was deposited on 10.12.2011.

3. MANSADEVI UNIT: Luxury tax return for the month of February was deposited on 09.03.2012 (due date07.03.2012). Luxury tax: Month May July September October November January Service tax: Month September October November December February

Due Date 05.06.2011 05.08.2011 05.10.2011 05.11.2011 05.12.2011 05.02.2012

Deposit Date 06.06.2011 06.08.2011 07.10.2011 08.11.2011 09.12.2011 09.02.2012

Amount 5341 2225 492 2686 1657 1027

Due Date 05.10.2011 05.11.2011 05.12.2011 05.01.2012 05.03.2012

Deposit Date 08.10.2011 09.11.2011 07.12.2011 06.01.2012 09.03.2012

Amount 155010 154363 81908 66977 47860

Entertainment tax: Period 1-7 September 8-14 September 22-30 September 1-7 October 15-21 October 1-7 November 15-21 November

Due Date 10.09.2011 17.09.2011 3.10.2011 10.10.2011 24.10.2011 10.11.2011 24.11.2011

Deposit Date 24.09.2011 24.09.2011 10.10.2011 13.10.2011 31.10.2011 14.11.2011 27.01.2012

TDS:

In case of Chaudhary Decorators, payment of Rs. 20000/- was made on 18.01.2012 (BV-1249) and no TDS was deducted. But the same was deducted on 02.02.2012 and deposited in the month of March.

VAT return for the month of October, November and December needs to be Revised as the amount of tax deposited was not shown.

4. CHANIDEVI UNIT: Entertainment tax: Period 1-7 September 8-14 September 22-30 September 1-7 October 15-21 October 1-7 November 15-21 November TDS:

Due Date 10.09.2011 17.09.2011 3.10.2011 10.10.2011 24.10.2011 10.11.2011 24.11.2011

Deposit Date 24.09.2011 24.09.2011 10.10.2011 13.10.2011 31.10.2011 14.11.2011 27.01.2012

In case of Naru civil Contractor, payment of Rs. 400/- was made on 29.01.2012 (CV-1079) and no TDS was deducted. But the same was deducted on 13.02.2012 and deposited in the month of March. In case of Anil Electrical, payment of Rs. 5000/- was made on 18.01.2012 (CV1135) and no TDS was deducted. But the same was deducted on 22.03.2012 and deposited in the month of April.

5. DELHI UNIT: TDS:

In case of Vansh Infomedia, payment of Rs. 9000/- was made on 3.06.2011 and no TDS was deducted. But the same was deducted on 23.12.2011 and deposited in the month of January. In case of Tata Capital, interest on loan of Rs. 127966/- was paid, on which TDS amounting to Rs. 12797/- is deducted. This amount pertains to FY 2010-11 therefore, interest on TDS amounting to RS. 848/-is paid in the month of May along with the amount of TDS.

TDS under section 194J amounting to Rs. 6198/- was not deposited till 30th April. This amount is yet to be deposited with interest.