Scrutiny

JATIN N. MALKAN. DETAILS POINTS OF SCRUTINY FOR A.Y.2005 - 2006. Pan No. : AACPM 0961 G. POINT NO-1. NOTE ON BUSINESS ACTIVITY. Dealing in Shares & Securities & derivatives market. Since more than 15 years. Name of Prop. : Mr.Jatin N. Malkan Pan No. : AACPM 0961 G. POINT NO-2. Address of Business Premises. G-17, Motlibai Wadia Building, S.A.Brevli Road, Fort, Mumbai - 400 001. Tel : 2202 3240, 2285 6350. POINT NO-3. Sub Point (A) Residence Address : 1/23-24, Bakul Co-op Hsg Soc., Lallubhai Park, Andheri (West), Mumbai - 400 058. List of Family Members : Name Relation Jatin N. Malkan self Radha J Malkan wife Shaily J Malkan daughter Kunal J Malkan son

Occupation Business Housewife Student Student

Age 44 39 17 14

Sub Point (B) Details of Household Expenses & breakup in to major heads NAME AMOUNT Telephone Expenses 17365 Electricity Chrg (Reliance Energy) 7890 School Fees 38925 Society Charges 8386 Drawings 102000 174566 Sub Point (C) Sources of Funds for meeting household expenses Cheque & Cash withdrawl from Capital A/c. Sub Point (D) Copy of accounts with narrative explanation for the bank transaction. Details of Bank Accounts. Name of Bank : HDFC Bank Ltd. Branch : Fort. Type of A/c. : Savings A/c. A/c No. : 601000177216 Bank Reconciliation Statement. - Attached

POINT-4. Director in Nanafintrade Services Pvt Ltd since 1994.

POINT NO-5. No other bank a/c. except as mentioned above. POINT NO-6. Details of Loans & Advances. Mar-04 There were no loans & advances for the year. Mar-05 Radha J. Malkan. 1100000 Income Earned thereon. No Income had been earned on loan amount as during the year loan was taken from Radha J. Malkan & towards the later part of the year temporary loan was given to her. Copy of account attached POINT NO-7. House Property Income. Notional Income of Rs.750/- as it was self occupied for the entire year. POINT NO-8. Immovable Properties Co-ownership Office (Jointly-Wife) 260125 Ownership Flat- 1 258790 Ownership Flat- 2 621310 Income From Respective Properties. Notional Income of Rs.750/- from co-ownership flat. POINT NO-9. sub point (A) Jatin N. Malkan (HUF) sub point (B) Jatin N. Malkan (HUF) G-17, Motlibai Wadia Building, S.A.Brevli Road, Fort, Mumbai - 400 001. PAN No. : AAAHM 7287 F. POINT NO-10. Source of Exempt Income Bank Interest - Minor Dividend Mediclaim Jeevan Suraksha PPF Interest NSS Interest Releif Bonds Interest

Section 10 (32) 10 (33) 80-D 80-CCC Exepmt u/s.10 not withdrawn exempt u/s.10 (33)

Amount 729 51514 7128 10000

POINT NO-11. Copy of personal Capital A/c. and Balance Sheet for 31.03.2004 & 31.03.2005. Capital A/c. as on 31.03.2004. Particulars To Advance Tax 04-05 To LIC Premium (80-CCC) To LIC Premium Paid To Mediclaim To Cheque Withdrawls To Cash Withdrawls To Profession Tax

To Closing Balance

Amount Particulars 5000.00 By Opening Balance 10322.00 By PPF Interest 140908.40 By Bank Interest 6985.00 By LIC Moneyback Policy 283305.99 By Dividend 96000.00 By NSS Interest not withdrawn 2200.00 By Directors Remuneration By Car Insurance Claim By Telephone Deposit By Gift from Mother (50%share of ownership flat) By Gift from HUF By Net Profit 5079672.32 5624393.71

Balance Sheet Copy Enclosed in a separate sheet.

Capital A/c. as on 31.03.2005. Particulars To Motor Car Insurance To LIC Premium (80-CCC) To LIC Premium Paid To Mediclaim To Cheque Withdrawls To Cash Withdrawls To Advance Tax A.Y.05-06 To Closing Balance

Amount 14751.00 10322.00 141040.00 7128.00 47311.00 102000.00 350000.00

Particulars By Opening Balance By PPF Interest By Dividend By NSS Interest not withdrawn By N.B.Shah (Gift A/c.) (towards Ownership Flat reversed from R.J.Malkan) By Net Profit

5812455.04 6485007.04

Balance Sheet Copy already attached along with the return of Income.

POINT NO-12. Details of investment in shares & F.D. as on 31.03.2004 & 31.03.2005. INVESTMENTS. 31.03.2004 31.03.2005 Investment in Shares 2012808 2919537.37 I.V.P. 75000 75000 NSS & Accured Interest 150038 161291 PPF 349114 447510 Sewa Mercantile 10000 10000 Mutual Fund 0 100000 POINT NO-13. List of all business concern in which you or your family member's are associated. Not Applicable. POINT NO-14. (a) Speculative Transaction - NIL. (b) Name & Address of Broker, along with copy of accuont. Name : Kotak Securities Ltd Address: 1st Bhaktawar, 229, Nariman Point, Mumbai - 400 021. Pan No.: AAACK 3436 F. (c) Copies of Contract Notes - Received from Kotak Securities Ltd. Copy of a/c. Enclosed. (d) Copy of Ledger A/c. enclosed of Kotak Securities Ltd. (e) Sources of Fund for dealing in shares. Whether any borrowings has been taken. NAME Jatin N. Malkan (HUF ) Nanalal B. Shah (HUF) Nanalal B. Shah Hansa N. Shah

PAN NO. AAAHM 7287 F. AAAHN 3216 P. AAIPS 4359 N. ABLPS 8983 J.

AMOUNT 1400000 350000 1730000 505000 3985000

Copy of Loan Confirmation enclosed. (f) Utilisation of sales proceeds of shares. - Utilised in Business. (g) Full details of dividend received NAME OF THE COMPANY TISCO LTD MANGALAM CEMENT TAMILNADU NEW PRINT AMRUNTANJAN LTD NEYVALI LEGNITE LTD INFOSYS TECHNOLOGIES ELGI EQUIPMENT LTD BOC INDIA LTD CARBORUNDUM UNIV. LTD

AMOUNT 140 130 16500 6600 25200 500 2192 120 132 51514

(h) Reconciliation of dividend received. The dividend is received on share which are held on the record date

G.INT PAID 115931 42000 201077 44655

of the respective company. Since I deal in large number of shares, it is difficult to list out shares which were held on respective record dates. Hence the dividend actually received and credited in my bank a/c. is shown under the head dividend. Mr.JATIN N. MALKAN. DETAILS REQUIRED AS PER HEARING ON 05.02.2007. POINT NO.1. Broker's Demat Account - Balance Holding Statement. Broker's Demat Account Statement attached as on 31.03.2005. POINT NO.2. Addition to Fixed Assets - Bills Required. Name of Assets

As on 01.04.2004

Addition in an year

Depreciation in an year

As on 31.03.2005

Computer Air Condition Furniture & Fixture Motor Car Television

-

38,160.90 25,567.90 32,633.50 206,519.20 12,970.75

22,896.90 6,391.90 4,895.50 41,304.20 3,242.75

15,264.00 19,176.00 27,738.00 165,215.00 9,728.00

TOTAL

-

315,852.25

78,731.25

237,121.00

Bills for Assets purchased enclosed.

POINT NO.3. Stock Reconciliation as on 31.03.2005. Name of the Company

Qtty

Demat

Alstom Limited Amrutanjan Limited Avery India Ltd Dena Bank Ltd Facor Limited Indian Organics (Futura Poly) K.Sera Sera Ltd Premier Auto Limited Transgene Biotech.

500 2000 2000 1000 21 1500 1000 38 4000

Kotak Sec.

POINT NO.4. Contract Notes. Files present.

Physical Shares Physical

Kotak Sec. Kotak Sec. Physical Kotak Sec. Kotak Sec. Physical Kotak Sec.

REFER SHEET NO.2 AND 3. ALSO

EXTRA DETAILS FOR OUR REFERENCE ONLY

POINT NO-4. DETAILS OF PURCHASE, SALES & OPENING & CLOSING STOCK. As per annexure attached. Script wise opening stock, purchases, sales and closing stock and Profit / Loss incurred on the same are as per annexure attached. Explanation for difference in opening stock and purchases as per P & L a/c. and annexure. The opening stock of shares as shown in P & L A/c. does not include shares of N.F.S.Ltd of Rs.17,50,100/-. Where as the purchases as shown in P & L A/c. includes value of shares of N.F.S.Ltd of Rs.17,50,100/-.

POINT NO-5. Interest paid to persons specifie3d u/s.40A2(B). INTEREST ON LOAN PAID PAN NO. Rate of Interest Jatin N Malkan (HUF) AAAHM 7287 F 12% Nanalal B. Shah AAIPS 0359 N 12% Nanalal B. Shah (HUF)AAAHN 3216 P 12% Hansa N. Shah ABLPS 8983 J 12% Radha J. Malkan AAHPM 3872 H 12%

Amount 115931.00 201077.00 42000.00 44655.00 37367.00 441030.00

POINT NO-6. Gross Profit, Net Profit Ratio not applicable in shares trading business.

POINT NO-7. Details of Interest bearing borrowed funds. NAME Jatin N. Malkan (HUF ) Nanalal B. Shah (HUF) Nanalal B. Shah Hansa N. Shah

AMOUNT 1400000 350000 1730000 505000 3985000

Kotak Securities had charged us interest for late payment of their dues. POINT NO-8. List of Fixed Assets acquired during the year. NAME

Computer

PURCHASED FROM AMOUNT Nana Others Fintrade Ser. 38,160.90

-

38,160.90

Air Conditioner Furniture & Fixtures Motor Car Television

2,067.90 32,633.50 206,519.20 12,970.75 292,352.25

23,500.00 23,500.00

25,567.90 32,633.50 206,519.20 12,970.75 315,852.25

POINT NO-9. Copy of Capital A/c. of Mr.Jatin N. Malkan (Proprietor) Particulars To Motor Car Insurance To LIC Premium (80-CCC) To LIC Premium Paid To Mediclaim To Cheque Withdrawls To Cash Withdrawls To Advance Tax A.Y.05-06 To Closing Balance

Amount 14751.00 10322.00 141040.00 7128.00 47311.00 102000.00 350000.00

Particulars By Opening Balance By PPF Interest By Dividend By NSS Interest not withdrawn By N.B.Shah (Gift A/c.) (towards Ownership Flat reversed from R.J.Malkan) By Net Profit

5812455.04 6485007.04

POINT NO-10. a)Unsecured Loan Details. As per Schedule - I b)Furnish copy of account and confirmation in respect of all these parties. Xerox in file POINT NO-11. Dividend on Shares. NAME OF THE COMPANY TISCO LTD MANGALAM CEMENT TAMILNADU NEW PRINT AMRUNTANJAN LTD NEYVALI LEGNITE LTD INFOSYS TECHNOLOGIES ELGI EQUIPMENT LTD BOC INDIA LTD CARBORUNDUM UNIV. LTD

SHARES

AMOUNT 140 130 16500 6600 25200 500 2192 120 132 51514

POINT NO-13. Kotak Securities Ltd - Ledger A/c.

POINT NO-15. Deductions under chapter VI-A. Duduction u/s.80-G Donation Rs.1750/-.

POINT NO-16. As per Schedule - II.

POINT NO-2. Certificate under section 10-DB Attached to return of income. The gross value of shares purchase and sold would not tally with the figures as disclosed in the statement / certificate of Kotak Securities due to difference in Software. As per the software used by Kotak Securities they used to debit / credit the margin amount in "future markets" of dealings of shares / index (nse) done by us and in our software there is only total value of secururities purcahased & sold being considered instead of margin amount as considered by Kotak Securities. The Security transaction tax charged by Kotak Securities Ltd and as per their bills has been claimed as per the certificate u/s.10-DB. Note on Brokerage Received Rs.174761.65 Earlier I was a registered sub-broker with stock exchanges. However SEBI has banned sub-brokers. Hence I have transferred all my clients to M/s.VNS Finance Ltd. With whom I had a tie-up for brokerage. The brokerage has been received on the amount of shares purchased / sold by my clients introduced to VNS Finance Ltd. On the same transaction I have received brokerage from VNS Finance.

Bank Interest - TDS Certificate? Ask TDS Certficate from HDFC Bank .

Amount 4122941.54 66889.00 1354.80 32126.00 6248.00 10100.00 120000.00 24100.00 500.00 129395.00 310655.00 800084.37

5624393.71

Amount 5079673.32 28396.00 51514.00 11253.00 310655.00 1003515.72

6485007.04

Amount 5079673.32 28396.00 51514.00 11253.00 310655.00 1003515.72

6485007.04

SCHEDULE - I. UNSECURED LOANS. NAME, ADDRESS & PAN NO.

OPENING BALANCE

TOTAL ADDITION

TOTAL REPAYMENT

INTEREST AMOUNT

TDS AMOUNT

1.JATIN N. MALKAN (HUF) G-17, Motlibai Wadia Building, S.A.Brevli Road, Fort, Mumbai - 400 001. PAN No. : AAAHM 7287 F.

-175000.00

-1400000.00

279106.00

-115931.00

11825.00

2.NANALAL B. SHAH 4, Lalita, Plot No.31, Lallubhai Park, Andheri (West), Mumbai - 400 058. PAN No. : AAIPS 4359 N.

-720000.00

-1010000.00

180567.00

-201077.00

20510.00

3.NANALAL B. SHAH (HUF) 4, Lalita, Plot No.31, Lallubhai Park, Andheri (West), Mumbai - 400 058. PAN No. : AAAHN 3216 P.

-350000.00

0.00

42000.00

-42000.00

0.00

4.HANSA N. SHAH 4, Lalita, Plot No.31, Lallubhai Park, Andheri (West), Mumbai - 400 058. PAN No. : ABLPS 8983 J.

-5000.00

-500000.00

44655.00

-44655.00

0.00

CLOSING BALANCE -1400000.00

-1730000.00

-350000.00

-505000.00

JATIN N. MALKAN DETAILS OF PROFIT / LOSS ON SALE OF SHARES. (01.04.2004 - 31.03.2005). PURCHASE SOLD DATE QTTY RATE AMOUNT DATE QTTY RATE ASTRA IDL LIMITED 03.02.05 250 1,676.95 419,237.50 18.03.05 250 1,460.31 03.02.05 58 1,677.18 97,276.44 18.03.05 58 1,442.12 03.02.05 9 1,685.05 15,165.45 18.03.05 9 1,442.12 03.02.05 183 1,685.05 308,364.15 18.03.05 183 1,468.67

365,077.50 83,642.96 12,979.08 268,766.61

ESSAR OIL LTD. 10.08.04 30000 30.09.04 30000 10.12.04 20000 10.12.04 10000 29.12.04 15000 29.12.04 5000 29.12.04 10000 29.12.04 15000

16.28 21.61 23.92 23.99 28.09 28.09 28.14 27.84

488,400.00 648,300.00 478,400.00 239,900.00 421,350.00 140,450.00 281,400.00 417,600.00

11.08.04 06.10.04 14.12.04 14.12.04 30.12.04 30.12.04 30.12.04 04.01.05

30000 30000 20000 10000 15000 5000 10000 15000

17.07 22.68 25.38 25.38 27.86 27.88 27.88 32.22

512,100.00 680,400.00 507,600.00 253,800.00 417,900.00 139,400.00 278,800.00 483,300.00

I-GATE SOLUTIONS 14.10.04 457 14.10.04 163 14.10.04 600 14.10.04 280 14.10.04 1075 14.10.04 425

312.32 312.32 312.32 312.32 312.47 312.28

142,730.24 50,908.16 187,392.00 87,449.60 335,905.25 132,719.00

30.11.04 30.11.04 30.11.04 30.11.04 22.12.04 22.12.04

457 163 600 280 1075 425

283.37 282.13 282.71 282.58 275.18 275.18

129,500.09 45,987.19 169,626.00 79,122.40 295,818.50 116,951.50

IND SWIFT LABORATORIES. 13.09.04 5000 62.09 13.09.04 1000 62.09 19.10.04 3000 116.03 19.10.04 2000 116.03 19.10.04 1000 116.07 22.11.04 1500 176.67

310,450.00 62,090.00 348,090.00 232,060.00 116,070.00 265,005.00

14.09.04 14.09.04 20.10.04 26.10.04 26.10.04 22.11.04

5000 1000 3000 2000 1000 1500

64.60 64.60 121.44 140.34 140.34 179.90

323,000.00 64,600.00 364,320.00 280,680.00 140,340.00 269,850.00

INDUSTRIAL FINANCE CORP. 13.09.04 25000 8.68 13.09.04 5000 8.70 13.09.04 18990 8.70 13.09.04 10000 8.73 13.09.04 1010 8.68 13.12.04 39000 12.68 21.12.04 21000 12.65

217,000.00 43,500.00 165,213.00 87,300.00 8,766.80 494,520.00 265,650.00

22.09.04 22.09.04 22.09.04 22.09.04 22.09.04 22.12.04 22.12.04

25000 5000 18990 10000 1010 39000 21000

10.67 10.67 10.77 10.77 10.77 13.02 13.02

266,750.00 53,350.00 204,522.30 107,700.00 10,877.70 507,780.00 273,420.00

PURCHASE

SOLD

AMOUNT

DATE J.K.GENET. 07.03.05 07.03.05 07.03.05 07.03.05 07.03.05 07.03.05 07.03.05

QTTY

AMOUNT

DATE

QTTY

RATE

AMOUNT

184.08 184.08 184.08 184.08 184.08 184.08 184.08

92,040.00 9,204.00 55,224.00 128,856.00 92,040.00 36,816.00 138,060.00

29.03.05 29.03.05 29.03.05 29.03.05 29.03.05 29.03.05 29.03.05

500 50 300 700 500 200 750

147.50 146.81 147.14 145.88 145.85 145.81 144.83

73,750.00 7,340.50 44,142.00 102,116.00 72,925.00 29,162.00 108,622.50

LATIKA PHARMACEUTICALS. 02.02.05 500 21.21 02.02.05 9500 21.21 02.02.05 500 21.28 02.02.05 4500 21.28 03.02.05 5500 20.73 03.02.05 15 20.73 04.02.05 985 20.53 07.03.05 8000 18.03 07.03.05 1309 18.03

10,605.00 201,495.00 10,640.00 95,760.00 114,015.00 310.95 20,222.05 144,240.00 23,601.27

090.2.05 25.02.05 25.02.05 11.03.05 11.03.05 14.03.05 14.03.05 14.03.05 14.03.05

500 9500 500 4500 5500 15 985 8000 1309

20.22 17.98 17.98 16.82 16.82 15.30 15.30 15.30 15.02

10,110.00 170,810.00 8,990.00 75,690.00 92,510.00 229.50 15,070.50 122,400.00 19,661.18

MAARS SOFTWARE LIMITED 15.10.04 3788 3.31 15.10.04 21212 3.31 15.10.04 13788 3.33 15.10.04 11212 3.33 15.10.04 10000 3.33 03.11.04 53788 3.18

12,538.28 70,211.72 45,914.04 37,335.96 33,300.00 171,045.84

16.11.04 22.11.04 22.11.04 22.11.04 22.11.04 22.11.04

3788 21212 13788 11212 10000 53788

3.38 4.38 4.38 4.37 4.37 4.37

12,803.44 92,908.56 60,391.44 48,996.44 43,700.00 235,053.56

MUKUND LIMITED 01.02.05 3000 01.02.05 3000 03.02.05 6000 03.02.05 6000

56.05 56.07 63.10 64.10

168,150.00 168,210.00 378,600.00 384,600.00

04.02.05 04.02.05 03.02.05 03.02.05

3000 3000 6000 6000

70.91 70.91 64.67 64.67

212,730.00 212,730.00 388,020.00 388,020.00

PUNJAB TRACTORS. 06.12.04 1500 06.12.04 1275 06.12.04 225 07.12.04 3000 15.12.04 3000 15.12.04 3000

188.27 188.28 188.27 190.62 196.16 196.16

282,405.00 240,057.00 42,360.75 571,860.00 588,480.00 588,480.00

20.12.04 20.12.04 20.12.04 20.12.04 21.12.04 21.12.04

1500 1275 225 3000 3000 3000

205.41 205.41 205.41 203.89 207.34 207.69

308,115.00 261,897.75 46,217.25 611,670.00 622,020.00 623,070.00

DATE

500 50 300 700 500 200 750

RATE

PURCHASE QTTY RATE

AMOUNT

DATE

SOLD QTTY RATE

AMOUNT

RAYMONDS LIMITED. 26.07.04 3000 24.09.04 3000 24.09.04 2000 24.09.04 1000 24.09.04 225 24.09.04 75 24.09.04 75 24.09.04 25 27.09.04 600 27.09.04 2400 27.09.04 1600 27.09.04 400 27.09.04 1000 28.10.04 1100 28.10.04 1307 28.10.04 1200 28.10.04 1193 28.10.04 800 28.10.04 400

205.60 233.35 233.35 233.67 233.85 233.90 233.90 234.00 236.85 236.85 236.85 236.85 236.85 245.32 245.32 245.32 245.32 245.32 245.32

616,800.00 700,050.00 466,700.00 233,670.00 52,616.25 17,542.50 17,542.50 5,850.00 142,110.00 568,440.00 378,960.00 94,740.00 236,850.00 269,852.00 320,633.24 294,384.00 292,666.76 196,256.00 98,128.00

26.07.04 06.10.04 06.10.04 06.10.04 02.11.04 02.11.04 10.11.04 10.11.04 10.11.04 10.11.04 10.11.04 30.11.04 30.11.04 30.11.04 30.11.04 30.11.04 30.11.04 30.11.04 20.01.05

3000 3000 2000 1000 225 75 75 25 600 2400 1600 400 1000 1100 1307 1200 1193 800 400

210.51 240.12 240.74 240.74 246.83 246.83 288.72 288.72 288.72 286.58 286.58 321.83 321.83 321.83 320.79 317.35 321.72 316.61 287.07

631,530.00 720,360.00 481,480.00 240,740.00 55,536.75 18,512.25 21,654.00 7,218.00 173,232.00 687,792.00 458,528.00 128,732.00 321,830.00 354,013.00 419,272.53 380,820.00 383,811.96 253,288.00 114,828.00

SABERO ORGANICS. 16.12.04 1811 16.12.04 5000 16.12.04 3189 16.12.04 5000 16.12.04 6000 16.12.04 1500 16.12.04 7500

25.02 24.78 24.92 25.04 25.04 25.03 25.03

45,311.22 123,900.00 79,469.88 125,200.00 150,240.00 37,545.00 187,725.00

20.12.04 20.12.04 20.12.04 20.12.04 20.12.04 20.12.04 21.12.04

1811 5000 3189 5000 6000 1500 7500

27.76 27.76 27.76 27.76 29.07 29.07 33.65

50,273.36 138,800.00 88,526.64 138,800.00 174,420.00 43,605.00 252,375.00

178.56 216.05 217.22 227.59 227.59 234.50 235.96 244.87 225.82 221.52 216.98 221.79

535,680.00 648,150.00 108,610.00 568,975.00 113,795.00 117,250.00 707,880.00 122,435.00 112,910.00 664,560.00 325,470.00 998,055.00

06.10.04 22.12.04 22.12.04 22.12.04 22.12.04 23.12.04 23.12.04 06.01.05 20.01.05 29.03.05 29.03.05 29.03.05

3000 3000 500 2500 500 500 3000 500 500 3000 1500 4500

177.09 239.71 239.71 239.71 239.79 239.90 239.90 226.37 216.02 177.97 177.97 177.37

531,270.00 719,130.00 119,855.00 599,275.00 119,895.00 119,950.00 719,700.00 113,185.00 108,010.00 533,910.00 266,955.00 798,165.00

333,800.00 13.08.04 333,490.00 13.08.04

1000 1000

335.22 335.22

335,220.00 335,220.00

V.S.N.L. 06.10.04 10.12.04 10.12.04 16.12.04 16.12.04 23.12.04 23.12.04 24.12.04 11.01.05 28.02.05 02.03.05 03.03.05

3000 3000 500 2500 500 500 3000 500 500 3000 1500 4500

SATYAM COMPUTERS. 13.08.04 1000 333.80 13.08.04 1000 333.49

DERIVATIVES ARVIND MILLS 28.10.04. 04.10.04 4300 04.10.04 8600 04.10.04 8600 04.10.04 8600 05.10.04 12900 43000

82.28 82.33 82.43 83.53 85.13

ARVIND MILLS 30.12.04. 01.12.04 8600 116.19 01.12.04 4300 115.84 12900 ARVIND MILLS 27.01.05. 05.01.05 4300 131.35 06.01.05 4300 124.04 06.01.05 4300 125.85 12900

353,804.00 04.10.04 708,038.00 05.10.04 708,898.00 05.10.04 718,358.00 1,098,177.00 3,587,275.00

30100 8600 4300

85.60 85.45 85.40

2,576,560.00 734,870.00 367,220.00 3,678,650.00

999,234.00 30.11.04 498,112.00 30.11.04 1,497,346.00

4300 8600 12900

114.35 114.20

491,705.00 982,120.00 1,473,825.00

564,805.00 04.01.05 533,372.00 04.01.05 541,155.00 1,639,332.00 -

8600 4300

134.64 134.64

1,157,904.00 578,952.00 1,736,856.00 -

43000

12900

-

-

PROFIT / LOSS (54,160.00) (13,633.48) (2,186.37) (39,597.54) (109,577.39)

23,700.00 32,100.00 29,200.00 13,900.00 (3,450.00) (1,050.00) (2,600.00) 65,700.00 157,500.00

(13,230.15) (4,920.97) (17,766.00) (8,327.20) (40,086.75) (15,767.50) (100,098.57)

12,550.00 2,510.00 16,230.00 48,620.00 24,270.00 4,845.00 109,025.00

49,750.00 9,850.00 39,309.30 20,400.00 2,110.90 13,260.00 7,770.00 142,450.20

PROFIT /

LOSS (18,290.00) (1,863.50) (11,082.00) (26,740.00) (19,115.00) (7,654.00) (29,437.50) (114,182.00)

(495.00) (30,685.00) (1,650.00) (20,070.00) (21,505.00) (81.45) (5,151.55) (21,840.00) (3,940.09) (105,418.09)

265.16 22,696.84 14,477.40 11,660.48 10,400.00 64,007.72 123,507.60

44,580.00 44,520.00 9,420.00 3,420.00 101,940.00

25,710.00 21,840.75 3,856.50 39,810.00 33,540.00 34,590.00 159,347.25

PROFIT / LOSS

14,730.00 20,310.00 14,780.00 7,070.00 2,920.50 969.75 4,111.50 1,368.00 31,122.00 119,352.00 79,568.00 33,992.00 84,980.00 84,161.00 98,639.29 86,436.00 91,145.20 57,032.00 16,700.00 849,387.24

4,962.14 14,900.00 9,056.76 13,600.00 24,180.00 6,060.00 64,650.00 137,408.90 (4,410.00) 70,980.00 11,245.00 30,300.00 6,100.00 2,700.00 11,820.00 (9,250.00) (4,900.00) (130,650.00) (58,515.00) (199,890.00) (274,470.00) 1,420.00 1,730.00 3,150.00

97549.45 -23548.95 91230.95 165231.45 91,375.00 69031.32 81930.12 64419.28 215380.72 (23,521.00) -38487.20

97,524.00 165,378.00

6724233.54 6889464.99 165231.45 18924061.64 19139442.36 215380.72

SCHEDULE - II. EXEPNSES BREAK-UP. EXPENSE

AMOUNT

TELEPHONE EXPENSES. MTNL Ltd TATA Indicom Orange Bill TOTAL BUSINESS PROMOTION EXPENSE VVKL Ltd Sagar Mehta - Professional Chrg Manoj Joshi - Professional Chrg Andheri Recreation Club - Tea Coffee Exp Bhatija Travels HDFC Bank Credit Card - Tea Coffee Sundry Expense TOTAL MOTOR CAR EXPENSE Auto Hanger } Petrol, Oil, Park Garage } Servicing of K.K.Brothers } Car Sundry } TOTAL LATE PAYMENT CHARGES Kotak Securities Ltd

1,500.00 13,000.00 4,500.00 5,756.00 17,848.00 113,997.90 2,500.00 159,101.90

14,510.00 34,805.00 18,562.00 19,140.00 87,017.00

92,519.02 92,519.02

REPAIRS & MAINTANANCE Mishrilal Snow Matic Sundry Expense Manikrao S Patharkar Ganpat Kadam TOTAL SALARY PAID Vasant Jadhav - Clerk / Account Asst Mehul Shah - Accountant Subhash More - Peon Harshad Khatri - Peon Radhyeshyam Mishra - Peon Virendra Tirlotkar - Peon TOTAL INTEREST ON LOAN PAID Jatin N Malkan (HUF) Nanalal B. Shah Nanalal B. Shah (HUF) Hansa N. Shah Radha J. Malkan

34,730.00 10,319.48 30,886.51 75,935.99

18,100.00 6,000.00 280.00 17,643.00 10,700.00 52,723.00

15,200.00 23,400.00 12,600.00 12,950.00 11,200.00 11,700.00 87,050.00

115,931.00 201,077.00 42,000.00 44,655.00 37,367.00 441,030.00

Labour+Material at office A.C.Maintanance Chrg Office Flouring work Office Cealing work

PERIOD April to November April to March May to November June to December August to February October to March

MISC. EXPENSE J.D.Brothers Juhu Junior Chambers Misc Expense

6,257.00 3,300.00 5,100.00 14,657.00

MUNCIPAL LICENCE FEES M.C.G.M.

1,200.00 1,200.00

DEPRECIATION Computers Air Conditioner Furniture & Fixtures Motor Car Television

22,896.90 6,391.90 4,895.50 41,304.20 3,242.75 78,731.25

SECURITY TRANSACTION TAX PAID Kotak Securities Ltd

OFFICE EXPENSE Mineral Water Chrgs Udipi Restaurant Office Exp Cleaner S.S.Hojage TOTAL

156,343.69 156,343.69

1,068.00 3,352.00 23,923.00 4,200.00 32,543.00

PRINTING & STATIONARY Sagar Corp Sundry Expenses *

24,145.00 15,000.00 TOTAL 39,145.00 * (Xerox, Office Stationary CD Disks, Cartridge Etc) AUDIT FEES C.K.Patil & Co.

PROFESSIONAL FEES Advocate - Legal & Prof Chrg. Sanjay Sharma - Legal & Prof Chrg.

DEMAT CHARGES Kotak Securities Ltd Gandhi Securities Ltd Stock Holding Corp. Ltd

15,000.00 15,000.00

1,000.00 5,000.00 6,000.00

21.90 216.00 732.28 970.18

MOTOR CAR INSURANCE

8,590.00 8,590.00

PROFESSIONAL TAX

1,700.00 1,700.00

ELECTRICITY CHARGES Reliance Energy Ltd BEST Undertaking

OFFICE RENT Motlibai Wadia Building

SOFTWARE & HARDWARE MAINTANANCE Antech Software Datasoft Apex Softcell

DONATION A.O.L.

ISDN / CABLE CHARGES Com Channel

SHORT TERM SETTLEMENT CHARGES Kotak Secutities Ltd

POSTAGE & TELEGRAM Courier Charges Revenue Stamps & Share Transfer Stamps Registered Post

TRAVELLING & CONVEYANCE Travelling Expenses (Staff Persons)

STAFF WELFARE Staff Welfare Expenses Hospitalisation Charges Diwali Expenses

7,890.00 15,250.00 23,140.00

7,120.00 7,120.00

4,000.00 6,000.00 3,000.00 13,000.00

3,500.00 3,500.00

5,413.10 5,413.10

9,603.17 9,603.17

1,615.00 1,765.00 120.00 3,500.00

29,700.00 29,700.00

19,395.00 6,855.00 8,500.00 34,750.00