M/S JHANDEWALAS FOODS PRIVATE LIMITED

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1 FORM NO. 3CA [See rule 6G(1)(a)] Audit report under section 44AB of Income-ta Act, 1961 in a case where accounts of business or profession of a person have been audited under any or law yz 1. We report that statutory audit of M/S JHANDEWALAS FOODS PRIVATE LIMITED 35, JOHARI BAJAR, JAIPUR, R AJASTHAN, AABCJ7203Q was conducted by Me Rajnish Tatiwla in pursuance of provisions of Companies Act 2013 Act, and We anne here to a copy of My audit report dated along with a copy each of yz (a) audited Profit and loss account for period beginning from to ending on (b) audited balance sheet as at, ; and (c) documents declared by said act to be part of, or anneed to, Profit and loss account and balance sheet. yz 2. The statement of particulars required to be furnished unser section 44AB is anneed herewith in Form No. 3CD. yz 3. In Our opinion and to best of Our information and according to eamination of books of account including or relevant documents and eplanations given to Us particulars given in said Form No. 3CD and Anneure reto are true and correct subject to following observations/qualifications, if any. yz Where any of requirement in Form is answered in Negative or with qualification, give reasons refor yz Sl Qualification Type Observations/Qualifications No. 1 Ors. As per Anneure C yz Place Jaipur Name Rajnish Tatiwala Date 11/10/2016 Membership Number FRN (Firm Registration Number) C Address Jaipur, F-185 Panchsheel marg, Jaipur, R AJASTHAN,

2 FORM NO. 3CD [See rule 6G(2)] Statement of particulars required to be furnished under section 44AB of Income-ta Act, 1961 yz 1 Name of assessee M/S JHANDEWALAS FOODS PRIVATE LIMITED 2 Address 35, JOHARI BAJAR, JAIPUR, RAJASTHAN, Permanent Account Number (PAN) AABCJ7203Q 4 Wher assessee is liable to pay indirect ta like ecise Yes duty, service ta, sales ta, customs duty,etc. if yes, please furnish registration number or any or identification number allotted for same Sl Type Registration Number No. 1 Sales VAT/Ta RAJASTHAN Service Ta AABCJ7203QST001 5 Status Company 6 Previous from to Assessment Year Indicate relevant clause of section 44AB under which audit has been conducted Sl Relevant clause of section 44AB under which audit has been conducted No. 1 Clause 44AB(a)-Total sales/turnover/gross receipts in business eceeding Rs. 1 crore 9 a If firm or Association of Persons, indicate names of partners/members and ir profit sharing ratios. In case of AOP, wher shares of members are indeterminate or unknown? Name Profit Sharing Ratio (%) 9 b If re is any change in partners or members or in ir profit sharing ratio since last date of preceding, particulars of such change. Date of change Name of Partner/Member Type of Old profit change sharing ratio New profit Sharing Ratio Remarks 10 a Nature of business or profession (if more than one business or profession is carried on previous, nature of every business or profession). Sector Sub Sector Code Manufacturing Industry Agro-based industries 0101 Trading Wholesalers 0203 Commission Agents General Commission Agents b If re is any change in nature of business or profession, particulars of such change No Business Sector SubSector Code 11 a Wher books of accounts are prescribed under section 44AA, if yes, list of books so prescribed No Books prescribed 11 b List of books of account maintained and address at which books of accounts are kept. (In case books of account are maintained in a computer system, mention books of account generated by such computer system. If books of accounts are not kept at one location, please furnish addresses of locations along with details of books of accounts maintained at each location.) Same as 11(a) above Books maintained Address Line 1 Address Line 2 City or Town or State PinCode District Bank Book (Computerized) 35 Johari Bazar Jaipur RAJASTH AN Cash Book (Computerized) 35 Johari Bazar Jaipur RAJASTH AN Ledger (Computerized) 35 Johari Bazar Jaipur RAJASTH AN Journal (Computerized) 35 Johari Bazar Jaipur RAJASTH AN Stock Register (Computeriz ed) 35 Johari Bazar Jaipur RAJASTH AN c List of books of account and nature of relevant documents eamined. Same as 11(b) above Books Eamined Bank Book Cash Book Ledger

3 Journal Stock Register 12 Wher profit and loss account includes any profits and gains assessable on presumptive basis, if yes, indicate No amount and relevant section (44AD, 44AE, 44AF, 44B, 44BB, 44BBA, 44BBB, Chapter XII-G, First Schedule or any or relevant section). Section 13 a Method of accounting employed in previous Mercantile system 13 b Wher re has been any change in method of accounting employed vis-a-vis method employed in No immediately preceding previous. 13 c If answer to (b) above is in affirmative, give details of such change, and effect reof on profit or loss. Increase in profit(rs.) Decrease in profit(rs.) 13 d Details of deviation, if any, in method of accounting employed in previous from accounting No standards prescribed under section 145 and effect reof on profit or loss. Increase in profit(rs.) Decrease in profit(rs.) 14 a Method of valuation of closing stock employed in previous. Raw Material and Finished G oods Cost or NRV Whicheve r is lower Stock Valuation Ch ange - No 14 b In case of deviation from method of valuation prescribed under section 145A, and effect reof on No profit or loss, please furnish: Increase in profit(rs.) Decrease in profit(rs.) 15 Give following particulars of capital asset converted into stock-in-trade (a) of capital asset (b) Date of acquisition (c) Cost of acquisition (d) at which asset is converted into stock-in trade 16 s not credited to profit and loss account, being:- 16 a The items falling within scope of section b The proforma credits, drawbacks, refund of duty of customs or ecise or service ta, or refund of sales ta or value added ta, where such credits, drawbacks or refund are admitted as due by authorities concerned 16 c Escalation claims accepted previous 16 d Any or item of income 16 e Capital receipt, if any SALES OF CAR Where any land or building or both is transferred previous for a consideration less than value adopted or assessed or assessable by any authority of a State Government referred to in section 43CA or 50C, please furnish: Details of Address Line Address Line City/Town State Pincode Consideration Value adopted property 1 2 received or or assessed or accrued assessable 18 of depreciation allowable as per Income-ta Act, 1961 in respect of each asset or block of assets, as case may be, in :- Rate of Opening Additions Deductions Depreciation Written of deprecia-wdv (A) Purchase MOD- Change Subsidy/ Total (C) Allowable Down Value Block of tion (In Value (1) -VAT in Rate Grant Value of (D) at end of Assets/ Class Percentage) of (2) of Echange (4) Purchases (B) (A+B-C-D) Assets (3) ( ) Plant & 30% % Plant & 60% % 10% %

4 Plant & 15% % Furnitures & 10% 10% * For Addition and Deduction Details refer Addition and Deduction Detail Tables At End of Page 19 s admissible under sections : Section debited to s admissible as per provisions of Income-ta Act, 1961 and profit and loss also fulfils conditions, if any specified under relevant 14provisions account of Income-ta Act, 1961 or Income-ta Rules,1962 or any or guidelines, circular, etc., issued in this behalf. 20 a Any sum paid to an employee as bonus or commission for services rendered, where such sum was orwise payable to him as profits or dividend. [Section 36(1)(ii)] 20 b Details of contributions received from employees for various funds as referred to in section 36(1)(va): Nature of fund Sum Due date for The actual The actual date received payment amount paid of payment to from concerned employees authorities Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Provident Fund Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, Any Fund set up under provisions of ESI Act, a Please furnish details of amounts debited to profit and loss account, being in nature of capital, personal, advertisement ependiture etc Capital ependiture in Rs. Personal ependiture in Rs. Advertisement ependiture in any souvenir, brochure, tract, pamphlet or like published by a political party in Rs. Ependiture incurred at clubs being entrance fees and subscriptions in Rs. Ependiture incurred at clubs being cost for club services and facilities used. in Rs. Ependiture by way of penalty or fine for violation of any law for time being force in Rs. Ependiture by way of any or penalty or fine not covered above in Rs. Ependiture incurred for any purpose which is an offence or which is prohibited by law in Rs. (b) s inadmissible under section 40(a):- (i) as payment to non-resident referred to in sub-clause (i)

5 (A) Details of payment on which ta is not deducted: Date of of Nature of Name of PAN of Address Address City or Pincode payment payment payment payee payee,if Line 1 avaliable Line 2 Town or District (B) Details of payment on which ta has been deducted but has not been paid previous or in subsequent before epiry of time prescribed under section200(1) Date of of Nature of Name of PAN of Address Address City or Pincode payment payment payment payee Line 1 Line 2 Town or of ta payee,if avaliable District deducted (ii) as payment referred to in sub-clause (ia) (A) Details of payment on which ta is not deducted: Date of Nature of Name of PAN of Address Line 1 Address City or Town Pincode payment of payment payment payee payee,if avaliable Line 2 or District (B) Details of payment on which ta has been deducted but has not been paid on or before due date specified in sub- section (1) of section 139. Date of Nature of Name of PAN of Address Address City or Pincode out payment of payment payer Line 1 Line 2 Town or of ta of (VI) payment payee,if avaliable District deducted deposited, if any (iii) fringe benefit ta under sub-clause (ic) (iv) wealth ta under sub-clause (iia) (v) royalty, license fee, service fee etc. under sub-clause (iib). (vi) salary payable outside India/to a non resident without TDS etc. under sub-clause (iii). Date of of Name of PAN of Address Line 1 Address City Pincode payment payment payee payee,if avaliable Line 2 (vii) payment to PF /or fund etc. under sub-clause (iv) (viii) ta paid by employer for perquisites under sub-clause (v) (c) s debited to profit and loss account being, interest, salary, bonus, commission or remuneration inadmissible under section 40(b)/40(ba) and computation reof; Section debited to P/L A/C Admissible Inadmissible Remarks (d) Disallowance/deemed income under section 40A(3): (A) On basis of eamination of books of account and or relevant documents/evidence, wher Yes ependiture covered under section 40A(3) read with rule 6DD were made by account payee cheque drawn on a bank or account payee bank draft. If not, please furnish details: Date Of Payment Nature Of in Rs Name of payee Permanent Account Payment Number of payee, if available (B) On basis of eamination of books of account and or relevant documents/evidence, wher payment Yes referred to in section 40A(3A) read with rule 6DD were made by account payee cheque drawn on a bank or account payee bank draft If not, please furnish details of amount deemed to be profits and gains of business or profession under section 40A(3A) Date Of Payment Nature Of in Rs Name of payee Permanent Account Payment Number of payee, if available (e) Provision for payment of gratuity not allowable under section 40A(7) (f) Any sum paid by assessee as an employer not allowable under section 40A(9) (g) of any liability of a contingent nature Nature Of Liability in Rs. (h) of deduction inadmissible in terms of section 14A in respect of ependiture incurred in relation to income which does not form part of total income Nature Of Liability in Rs. (i) inadmissible under proviso to section 36(1)(iii) 22 of interest inadmissible under section 23 of Micro, Small and Medium Enterprises Development Act, of any payment made to persons specified under section 40A(2)(b). Name of Related Person PAN of Related Person Relation Nature of Payment Made() trasaction Rakesh B koolwal Director Salary

6 Renu koolwal Shareholder Rent Hari Narayan Gyarsi Lal Shareholder Purchase s deemed to be profits and gains under section 32AC or 33AB or 33ABA or 33AC. Section 25 Any amount of profit chargeable to ta under section 41 and computation reof. Name of Person of income Section of Transaction Computation if any 26 (i)* In respect of any sum referred to in clause (a), (b), (c), (d), (e) or (f) of section 43B, liability for which:- 26 (i)a pre-eisted on first day of previous but was not allowed in assessment of any preceding previous and was :- 26 (i)(a)(a) Paid previous Section Nature of liability 26 (i)(a)(b) Not paid previous Section Nature of liability 26 (i)b was incurred in previous and was 26 (i)(b)(a) Paid on or before due date for furnishing return of income of previous under section 139(1) Section Nature of liability Ta,Duty,Cess,Fee etc TDS Ta,Duty,Cess,Fee etc KARSHI MANDI TAX 1.6 % Ta,Duty,Cess,Fee etc SERVICE TAX Ta,Duty,Cess,Fee etc Vat Ta (i)(b)(b) not paid on or before aforesaid date Section Nature of liability (State wher sales ta, customs duty, ecise duty or No any or indirect ta, levy, cess, impost, etc., is passed through profit and loss account.) 27 a of Central Value Added Ta Credits availed of or utilised previous and its treatment No in profit and loss account and treatment of outstanding Central Value Added Ta Credits in accounts CENVAT Treatment in Profit and Loss/Accounts Opening Balance CENVAT Availed CENVAT Utilized Closing/Outstanding Balance 27 b of income or ependiture of prior period credited or debited to profit and loss account :- Type Prior period to which itrelates(year in yyyyyyformat) 28 Wher previous assessee has received any property, being share of a company not being a No company in which public are substantially interested, without consideration or for inadequate consideration as referred to in section 56(2)(viia) Name of PAN of Name of CIN of company No. of Shares of Fair Market person from person, if company from Received consideration value of which shares available which shares paid shares received received 29 Wher previous assessee received any consideration for issue of shares which eceeds fair No market value of shares as referred to in section 56(2)(viib). If yes, please furnish details of same Name of person from whom PAN of person, if No. of Shares of Fair Market consideration received for issue of available shares consideration received value of shares 30 Details of any amount borrowed on hundi or any amount due reon (including interest on amount borrowed) No repaid,orwise than through an account payee cheque,(section 69D) Name of person from PAN of person, if available Address Line 1 Address Line 2 City or State Town or District Pincode borrowed Date of Borrowingdue including interest repaid Date of Repayment

7 whom amount borrowed or repaid on hundi 31 a of each loan or deposit in an amount eceeding limit specified in section 269SS taken or accepted previous :- Name of lender or depositor CAPITAL FIRST LTD FULLERTON INDIA CRE DIT COMPANY LTD Address of lender or depositor Indiabulls Finance Center,1 5th Floor,Tower II,Senapati Bapat Marg,Mumbai Megh Tower,3rd Floor,Old No.307,New No.165,Poonam allee High Road,Chennai Permanent Account Number(if available with assessee) of lender or depositor AACCK686 3C AAACD170 7C of loan or deposit taken or accepted Wher loan or deposit was squared up previous Maimum amount outstanding in account at any time previous No No No No HDFC BANK LTD JAIPUR No No ICICI BANK LOAN JAIPUR No No KOTAK MAHINDRA BAN JAIPUR No No K RELIGARE FINVEST LTD D3,P2B,Disrcit Center,Saket,Delhi AAFCS6801 H No No TATA CAPITAL FINANCI I-Think Techno Campus Bu AADCT No No AL SERVICE LTD] ilding A,4th Floor,Off Pokhr an Raod 2,Thane West 1L BAJAJ FINANCE LTD 4TH FLOOR,BAJAJ FINSE AABCB1518 RV,CORPORATE OFFICE L,OFF PUNE AHAMEDNAG AR ROAD,PUNE No No ZENLEFIN PVT LTD/CAP JAIPUR AAACZ No No Wher loan or deposit was taken or accepted orwise than by an account payee bank cheque or account payee bank draft ITAL FLOT 3G SIDBI JAIPUR No No (These particulars need not be given in case of a Government Company, a banking company or a corporation established by a Central,State or Provincial Act) 31 b of each repayment of loan or deposit in an amount eceeding limit specified in section 269T made previous :- Name of payee Address of payee Permanent Account Number(if available of repayment Maimum Wher amount repayment was outstanding in made orwise account at than by account any time payee cheque or previous account payee bank draft No with assessee)of payee Raakesh B Kulwal 35,Joahri Bazar,Jaipur ADMPK810 2A 31 c Wher taking or accepting loan or deposit, or repayment of same were made by account payee cheque drawn on a bank or account payee bank draft based on eamination of books of account and or relevant documents. Yes

8 Note: (The particulars (i) to (iv) at (b) and comment at (c) above need not be given in case of a repayment of any loan or deposit taken or accepted from Government, Government company, banking company or a corporation established by a Central, State or Provincial Act) 32 a Details of brought forward loss or depreciation allowance, in following manner, to etent available Assessment Year Nature of loss/allowance as returned as assessed Order U/S and Date Remarks 32 b Wher a change in shareholding of company has taken place in previous due to which losses incurred prior to previous cannot be allowed to be carried forward in terms of section c Wher assessee has incurred any speculation loss referred to in section 73 previous. No If yes, please furnish details below 32 d Wher assessee has incurred any loss referred to in section 73A in respect of any specified business previous If yes, please furnish details of same 32 e In case of a company, please state that wher company is deemed to be carrying on a speculation business No as referred in eplanation to section 73 If yes, please furnish details of speculation loss if any incurred previous 33 Section-wise details of deductions, if any admissible under Chapter VIA or Chapter III (Section 10A, Section 10AA) No Section 34 a Wher assessee is required to deduct or collect ta as per provisions of Chapter XVII-B or Chapter Yes XVII-BB, if yes please furnish Ta deduction and collection Account Number (TAN) JPRJ07175 A JPRJ07175 A JPRJ07175 A Section 194A 194C 194J Nature of payment Interest ot her than In terest on se curities Payments t o contracto rs Fees for pr ofessional o r technical services Total amount of payment or receipt of nature specified in column (3) Total Total of Total of amount on amount on ta amount on ta of ta which ta which ta deducted which ta deducted deducted was was or was or or required to deducted collected deducted collected collected be deducted or collected out of (6) or collected on (8) not deposited or at at less than to collected out of (4) specified rate out of (5) specified rate out of (7) credit of Central Government out of (6) and (8) JPRJ07175 A 192 Salary b Wher assessee has furnished statement of ta deducted or ta collected within prescribed time No If not, please furnish details: Ta deduction Type of Form Due date for Date of Wher statement of ta deducted and collection furnishing furnishing, or collected contains information about all Account Number if furnished transactions which are required to be reported (TAN) JPRJ07175A 26Q Yes JPRJ07175A 24Q Yes JPRJ07175A 26Q Yes 34 c Wher assessee is liable to pay interest under section 201(1A) or section 206C(7).If yes, please furnish Yes Ta deduction and collection Account of interest Dates of payment Number (TAN) under section No No

9 201(1A)/206C(7) is payable JPRJ07175A JPRJ07175A a In case of a trading concern, give quantitative details of prinicipal items of goods traded Item Name Unit Opening stock Closing stock Purchases previous Sales previous Shortage/ ecess, if any 35 b In case of a manufacturing concern, give quantitative details of principal items of raw materials, finished products and by-products :- 35 ba Raw materials : Item Name Unit Opening stock Sales previous Closing stock *Yield of finished products Purchases Consumption previous previous *Percentage Shortage/ of ecess, yield if any 35 bb Finished products : Item Name Unit Opening Purchases Quantity Sales Closing stock stock previous manufactured previous previous 35 bc By products : Item Name Unit Opening Purchases Quantity Sales Closing stock stock previous manufactured previous previous 36 In case of a domestic company, details of ta on distributed profits under section 115-O in following forms :- (a) Total amount (b) of (c) of (d) Total ta paid Dates of payment of distributed reduction as reduction as reon profits referred to in referred to in section 115- section 115- O(1A)(i) O(1A)(ii) Shortage/ ecess, if any Shortage/ ecess, if any 37 Wher any cost audit was carried out No If yes, give details, if any, of disqualification or disagreement on any matter/item/value/quantity as may be reported/identified by cost auditor 38 Wher any audit was conducted under Central Ecise Act, 1944 No If yes, give details, if any, of disqualification or disagreement on any matter/item/value/quantity as may be reported/identified by auditor 39 Wher any audit was conducted under section 72A of Finance Act,1994 in relation to valuation of taable No services as may be reported/identified by auditor If yes, give details, if any, of disqualification or disagreement on any matter/item/value/quantity as may be reported/identified by auditor 40 Details regarding turnover, gross profit, etc., for previous and preceding previous : No Previous Year Preceding previous Year a Total turnover of assessee b Gross profit / % % Turnover c Net profit / % % Turnover d Stock-in % % Trade / Turnover

10 e Material consumed/ Finished goods produced 0 0 0% 0 0 0% (The details required to be furnished for principal items of goods traded or manufactured or services rendered) 41 Please furnish details of demand raised or refund issued previous under any ta laws or than Incometa Act, 1961 and Wealth ta Act, 1957 alongwith details of relevant proceedings Financial to Name of or Ta Type (Demand Date of demand Remarks which demand/ law raised/refund raised/refund refund relates to received) received Place Jaipur Name Rajnish Tatiwala Date 11/10/2016 Membership Number FRN (Firm Registration Number) C Form Filing Details Revision/Original Original of Sl.No. Date Block of Assets Purchase of Date put to use Address Addition Details(From Point No. 18) Adjustment on account of MODVAT Echange Rate Change Jaipur, F-185 Panchsheel marg, Jaipur, R AJASTHAN, , Subsidy Grant Total Plant & 30% Total of Plant & 30% 0 Plant & 1 30/09/ /09/ % 2 31/03/ /03/ Total of Plant & 60% % 1 13/04/ /04/ /08/ /08/ /09/ /09/ /09/ /09/ Total of 10% Plant & 1 31/03/ /03/ % 2 14/05/ /05/ /08/ /08/ /05/ /05/ /03/ /03/ /07/ /07/ /08/ /08/ /03/ /03/ /04/ /04/ /08/ /08/ /03/ /03/ /12/ /12/ /09/ /09/ /09/ /09/ /06/ /06/ /05/ /05/ /05/ /05/ /05/ /05/

11 Total of Plant & 15% Furnitures & 1 30/09/ /09/ % 2 31/03/ /03/ Total of Furnitures & 10% Deduction Details(From Point No. 18) of Block of Assets Sl.No. Date of Sale etc. Plant & 30% Total of Plant & 30% 0 Plant & 60% Total of Plant & 60% 0 10% Total of 10% 0 Plant & 15% 1 27/08/ Total of Plant & 15% Furnitures & 10% Total of Furnitures & 10% 0