Form No 3cb

FORM NO 3CB (See rule 6G(1)(b)) AUDIT REPORT U/S 44AB OF THE INCOME TAX ACT, 1961, IN THE CASE OF A PERSON REFERRED TO IN CLAUSE (b) OF SUB-RULE (1) OF RULE 6G We have examined the Balance Sheet as at 31 st March 2006, and the Trading and Profit and Loss account for the year ended on that date, attached herewith of Shri Manohar Malviya, Proprietor of M/S MANOHAR BUILDERS, 66, Nyay Nagar, Sukhlia, Indore PAN-. We certify that the Balance Sheet and the Trading and Profit & Loss Account are in agreement with the books of accounts maintained at the Head Office at 66, Nyay Nagar, Sukhlia, Indore and Branches at NONE. We have obtained all the information and explanations, which, to the best of our knowledge and belief, were necessary for the purpose of the audit. In our opinion, the head office and branches of the assessee have kept proper books of account so far as appears from our examination of the books. In our opinion and to the best of our information and according to explanation given to us, the said accounts, read with the notes thereon give a true and fair view:-

1. In the case of the Balance Sheet, of the assessee as at 31st March 2006; and 2. In the case of Trading and Profit & Loss Account of the Profit of the assessee for the accounts year ending that date. In our opinion and to the best of our information and according to explanations given to us the particulars given in said Form no. No. 3CD and Annexure thereto are true and correct. For M/s H. MEHTA & ASSOCIATES Chartered Accountants (Harish Mehta) Proprietor M. No. 400014 18, Kailash Park Colony, Near Gita Bhawan, Indore

Place: INDORE Dated: 07/08/2007

M/S MANOHAR BUILDERS, INDORE SCHEDULE “F” OF NOTES ON ACCOUNT FOR THE FINANCIAL YEAR 2006-2007 ACCOUNTING CONVENTION Unless otherwise stated here under the financial accounts have been drawn up on historical cost convention. BASIS OF ACCOUNTING The firm follows mercantile system of accounting. FIXED ASSETS Fixed Assets are valued at cost and are stated at historical cost less depreciation. DEPRECIATION Depreciation on fixed assets has been provided as per straight-line method. Inventories are valued at cost price or market value whichever is less as certified by the Proprietor. The accounts of Sundry Debtors, Creditors and other parties are as per ledger of the firm. There is no practice to obtain balance confirmation certificates. Balance are subject to reconciliation Contingent liabilities – Bank Guarantee of Rs. 500000/In the opinion of the proprietor the current assets have a value on realization in the ordinary course of business, at least equal to the amount at which they are stated in balance sheet. Previous year figures have been regrouped and rearranged wherever necessary so as to make them comparable with current year figure.