Akash Jain Partner, SSAR 4837/1, No. 24, ANSARI ROAD & Associates

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1 Akash Jain Partner, SSAR 4837/1, No. 24, ANSARI ROAD & Associates Daryaganj, New Delhi Chartered Accountants Ph: , FORM No. 10-B (See Rule 17-B) Audit Report under section 12A(b) of Income Tax Act 1961 in the case of charitable or religious trust or institutions. We have examined the balance sheet of M/s. Delhi Library Association (Regd.), Ranganathan Bhawan, C Block, Community Centre, Naraina Vihar, New Delhi as at 31st March, 2016 and the Profit and Loss account for the year ended on that date which are in agreement with the books of account maintained by the said trust or institution. 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, proper books of account have been kept by the head office and branches of the above named trust/institution visited by us so far as appears from our examination of the books and proper returns adequate for the purpose of audit have been received from branches not visited by us, subject to the comments given below: In our opinion and to the best of our information, and according to information given to us, the said accounts give a true and fair view: (i) In the case of the Balance Sheet of the state of affiars of the above named trust/institution as at Ranganathan Bhawan, C Block, Community Centre, Naraina Vihar, New Delhi AND (ii) In the case of the Income and Expenditure account of the excess of expenditure over income of its accounting year ending on The prescribed particulars are annexed hereto. Place: New Delhi Dated: sd/- For CA, Akash Jain, Partner SSAR & Associates, Chartered Accountants M.No

2 374 ANNUAL REPORT DELHI LIBRARY ASSOCIATION (REGD.) Ranganathan Bhawan, 'C' Block Community Centre, Naraina Vihar, New Delhi Balance Sheet As At 31st March, 2016 Liabilities Amount Amount Assets Amount Amount BUILDING FUND FIXED ASSETS Opening Balance 2,449, (As Per Annexure) 2,692, Addition during the year 52, ,502, LIBRARY FUND INVESTMENT Opening Balance 1,710, FDR (Canara Bank) 459, Addition during the year 64, ,774, FDR (UBI) 414, , ENDOWMENT FUND CURRENT ASSETS Opening Balance 269, SUNDRY DEBTORS Addition during the year 6, , IGNOU 100, LIFE MEMBERSHIP FUND TDS Refundable 23, Opening Balance 768, Accrued Intt on FDR 8, , Addition during the year 20, , STUDENT LIBRARY DEPOSIT CASH & BANK BALANCE Opening Balance 57, UBI (Naraina Vihar) 397, Addition during the year 12, Canara Bank 67, , ICICI Bank 12, Cash In Hand 26, ,483.18

3 ANNUAL REPORT ROYALTY FUND ASSOCIATION FUND Opening Balance 204, Opening Balance 1,658, Addition during the year 26, , Add: Excess of Exp over income 30, ,688, LIFE MEMBERSHIP (INSTITUTIONAL) 25, PATRON MEMBERSHIP 60, Addition during the year 30, , PROF. P. N. KAULA MEMORIAL LECTURE FUND 100, SUNDRY CREDITORS Choudhary News Agency & Magazine 7, EXPENSES PAYABLE Audit Fees Payable 25, ,891, ,891, As per report of even date attached SSAR & Associates, Chartered Accountants For Delhi Library Association CA AKASH JAIN Sd- Hony. Treasurer Sd/- Gen. Secretary PLACE : DELHI DATED : 8th August, 2016

4 376 ANNUAL REPORT DELHI LIBRARY ASSOCIATION (Regd.) Ranganathan Bhawan, C Block, Community Centre, Naraina Vihar, New Delhi INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2016 Expenditure Amount Income Amount To Audit Fees 25, By Course Fees Receipts 233, To Bank Charges By Bank Interest 5, To Bonus 17, By Computer Hire Charges 100, To BSP Examination Expenses 25, By Annual Membership 180, To Computer Maintenance 13, By Computer Training Course 370, To Conveyance 10, By Publication Income 262, To Course Charges 135, By Examination Reciept 5, To Depreciation 232, By Interest From F.D.R. 69, To Electricity Expenses 114, By Examination Handling Charges 150, To Gardening Expenses 36, By Income From IGNOU 20, To Generator Expenses 1, By Miscellaneous Income 6, To House Tax 69, By Interest in IT Refund To Meetings & Funciton Expenses 24, By IB Test Receipts 2, To News Paper & Journals 15, By BSP Examination Receipts 30, To Photocopy Expenses 4, By Donations 32, To Postage 25, By Sale of Prospectus 14, To Printing & Stationery 28, By Excess of Expenditure Over Income 30,806.45

5 ANNUAL REPORT To Publication Charges 244, To P N Kaula Foundation Expenses 6, To Repair & Maintenance 48, To Salary Paid 423, To Telephone Expenses 11, ,515, ,515, As per report of even date attached For Delhi Library Association SSAR & Associates Chartered Accountants Sd/- Sd/- Sd/- AKASH JAIN Hony. Treasurer Gen. Secretary PLACE :

6 378 ANNUAL REPORT DELHI LIBRARY ASSOCIATION (Regd.) Ranganathan Bhawan, C Block, Community Centre, Naraina Vihar, New Delhi RECEIPT & PAYMENT ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2016 Particulars Amount Particulars Amount OPENING BALANCE Audit Fees Payable 22, UBI (Naraina Vihar) 28, Bank Charges Canara Bank 138, Computer Maintenance 13, ICICI Bank 12,025.5 Conveyance 10, Cash In Hand 41, , Course Charges 135, Course Income 233, Electricity Expenses 114, Examination Receipt 17, Examination Expenses 12, Publication Income 289, Bonus 17, Bank Interest 5, BSP Exanination 25, Annual Membership 180, Gardening Expenses 36, Computer Training Course 370, House Tax 69, Building Fund 52, Meetings & Function Exp 24, Library Book Fund 64, News Paper & Journals 7, Endowment Fund 6, P N Kaula Function 6, Life Membership Fee 20, Postage 25, Patron Membership 30, Printing & Stationery 28, Student Library Deposit 12, Repair & Maintenance 48, Donation 32, Publication Charges 244, Income from Examination Handling 150, FDR s Matured 500, Recd from IGNOU 93, Salary Paid 423, Miscellaneous Income Generator Expenses 1,900.00

7 ANNUAL REPORT Particulars Amount Particulars Amount Sale of Prospectus 14, Telephone Expenses 11, Interest on FDR 62, Photocopy Expenses 4, Joginder Singh Scholarship Recd 8, Library Books Purchased 1, Unsecured Loan 37, Joginder Singh Scholership 8, FDR s Investment 400, Payment to Creditors 9, Income Tax Refund 8, Unsecured Loan Repaid 37, BSP Examination 30, IB Test 2, Interest on IT refund CLOSING BALANCE UBI (Naraina Vihar) 397, Canara Bank 67, ICICI Bank 12, Cash In Hand 26, , ,344, ,344, As per report of even date attached For Delhi Library Association SSAR & Associates, Chartered Accountants CA AKASH JAIN (PARTNER) Sd- Hony. Treasurer Sd/- Gen. Secretary PLACE : DELHI DATED : 8th August, 2015

8 380 ANNUAL REPORT DELHI LIBRARY ASSOCIATION (Regd.) Ranganathan Bhawan, C Block, Community Centre, Naraina Vihar, New Delhi LIST OF FIXED ASSETS AS ON 31ST MARCH, 2016 S.No. Particulars Opening Addtion Addition Dep. Dep. Total Amount Balance Upto Sept. Upto March 1 Air Conditioner 7, , % 1, , Almirah 17, , % 1, , Building & Land 2,177, ,177, % 108, ,068, Computer 55, , % 33, , Electrical Fixture 7, , % 1, , Equipments 2, , % , Water Purifire 4, , % , Fire Extinguisher % Furniture & Fixture 242, , % 24, , Generator 109, , % 16, , Inverter % Library Books 239, , , % 36, , Security Camera 4, , % , Water Cooler 1, , % , LCD Projector 51, , % 7, , ,923, , ,925, , ,692,711.00

Akash Jain Partner, SSAR 4837/1, No. 24, ANSARI ROAD & Associates

Akash Jain Partner, SSAR 4837/1, No. 24, ANSARI ROAD & Associates Daryaganj, New Delhi Chartered Accountants Ph: 23287426, 9810005041 FORM No. 10-B (See Rule 17-B) Audit Report under section 12A(b) of