Notes to Accounts of Desh Rakshak Aushdhalaya Ltd.

Mar 31, 2024

11. PROVISION FOR TAXATION

The company have a profit of Rs. 5065594- as per P&L After add back of depreciation, the
taxable income comes Rs. 2505492- on which Income Tax calculated @ 25% plus
surcharge @ 4% which comes Rs. 651428- which is lower side.

Book profit of the company is 5065594- on which MAT is calculated @ 15% which comes
Rs. 759839-. And cess @ 4% comes Rs. 30394- Total MAT comes to Rs. 790233- against
which an Advance Tax Rs. 500000- and TDS/TCS Rs. 72128- has already been deposited
and rest Rs. 218105- has to be deposited for which the provision has been made under the
head Provision.

NOTES TO THE ACCOUNTS

Additional information pursuant to the provisions of paragraph 3 & 4 [c] [d] of part II of
schedule VI of the Companies Act, 1956.

2. PARTICULARS OF OPENING & CLOSING STOCK & SALES

Opening stock Rs. 8070542.00

Closing stock Rs. 3002870.00

Sales Rs. 60068744.00

Note: Since the number of items of raw materials and finished goods are more than one
thousand, hence quantitative details are not given.

3. DETAILS OF RAW MATERIAL CONSUMPTION

As the number of raw materials are more than one thousand and none of them amount to
reasonable parts of total consumption, no item wise details of raw material consumption in
quantity has been given.

4. MANAGERIAL REMUNERATION PAID/PAYABLE DURING YEAR

a. Managing Director Tosh Kr.Jain Rs. 1200000/-

b. Director Monika Jain Rs. 600000/-

c. Director Arihant Jain Rs. 360000/-

5. A interest free Short Term loan of Ganga Corporation Pvt.Ltd. Rs. 100000- is outstanding
during the financial year 2023-2024.

6. Confirmation of balances of Sundry Debtors and Sundry Creditors appearing under the
heads current liabilities, current assets, capital work in progress and loans & advances are
still awaited except few parties.

The materials supplied to the Director (Ayush) Govt. of NCT of Delhi of Rs. 835800/- in FY
2022-23 which has been rejected by the department and the material destroyed in presence
of the officers of the department at Medical Pollution Control Committee, R.O.SMS Water
Grace, BMW Pvt. Ltd. Nazafgarh Road, Nilothi, Delhi Jal Board, New Delhi 110041 vide
their letter of dated 21.08.2023 and 20.10.2023.

7. Particular of Auditors remuneration -

Audit Fee Rs. 100000/-

8. Sundry Debtors / Creditors includes various amounts which are more than 45 days old and
no confirmation of the outstanding amount are available. Figures has been taken in such
heads as per the confirmation of the management of the co.

The classification of creditors as micro and small enterprise has been given for the parties
from whom the confirmation has been received regarding their classification as per MSMED
Act. There is no interest on delayed payment to such parties, if any, has neither been
determined nor has been paid as per verbal mutual understanding with the such parties.

9. There is no previous losses in the company. The company has profit during the year on
which Income Tax/MAT has to be deposited as per the computation of Income Tax.

10. EARNING PER SHARE Basic earnings per share is calculated by dividing the net profit for
the year attributable to equity shareholders by the numbers of equity shares outstanding
during the year.

11. BUSINESS INFORMATION

Based on the analysis of the company’s internal organization and management structure, the
management of the company has classified its business activities as “Manufacturing &
processing of Ayurvedic, Medicines Ayurvedic composit drug kits, dye kits & CHW kits”.
The company has not done manufacturing on job work basis during this year under audit.

12. DEFERRED TAX LIABILITY

Difference of Depreciation as per the Companies Act & as per I. Tax Act, has been add
back in the net profit of the company and then Tax has been calculated.

14. The company has taken Cash Credit Limit of Rs. 225.00 lacs from Axis Bank & availed Rs.
120.16 lacs approximately with interest during the year against the hypothecation of all type
of stocks and personal guarantee of the Directors. The company also has taken term loan
from Axis Bank Rs. 262.00 lacs for its new project which comes in production during the
financial year 2022-23 at Bhogpur and now the balance of term loan is Rs. 130.98 lacs
during the FY 2023-24.

15. There has been no prior period or extra-ordinary item of income or expenditure which has
been entered in the books of accounts during the year.

16. The company has received intimation from suppliers regarding their status under the Micro,
Small and Medium Enterprises Development Act, 2006 and hence, following disclosures
under the said Act have been shown as.

such date when the interest due as above are
actually paid to the small enterprises under
section 23 of Micro and Medium Enterprises

Development Act 2006. NIL NIL

17. Previous year figures have been regrouped / reclassified wherever necessary to correspond
with the current year’s classification / disclosure.

18 . Notes 1 to 18 form integral part of Balance Sheet and Profit & Loss account and have been
duly annexed.

FOR AND ON BEHALF OF
Sd/- ANIL JAIN & CO.

Tosh Kumar Jain CHARTERED ACCOUNTANTS

DIN: 01540363 Sd/-

(MANAGING DIRECTOR) [ ANIL KUMAR JAIN ]

PROPRIETOR
MEMBERSHIP NO. 070253

Sd/- PLACE: HARIDWAR

Monika Jain DATED: 28.05.2024

DIN: 03403491 UDIN: 24070253BKFVUU4007

(WHOLE-TIME DIRECTOR)

Sd/-

Sohini Bansal
COMPANY SECRETARY

Sd/-

Amit Kumar Singh

CHIEF FINANCIAL OFFICER

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Mar 31, 2015

Additional information pursuant to the provisions of paragraph 3 & 4 [c] [d] of part II of schedule VI of the Companies Act, 1956.

1. LICENCED AND INSTALLED CAPACITY

a. Licensed Capacity Tablet, Syrup, Powder, Awaleha etc.

b. Installed capacity Tablet 2050 lacs Nos.

Liquid 41 lacs bottles

Pills 27.50 lacs Nos.

Awaleha 280 Tones

Kwach 40 Tones .

Capsules 60 lacs Nos.

2. PARTICULARS OF OPENING & CLOSING STOCK & SALES

Opening stock Rs. 13215650.00

Closing stock Rs. 14131239.00

Sales incl. Other Receipts Rs. 44562156.00

Note: Since the number of items of raw materials and finished goods are more than one thousand, hence quantitative details are not given. .

3. DETAILS OF RAW MATERIAL CONSUMPTION

As the number of raw materials are more than one thousand and none of them amount to reasonable parts of total consumption, no item wise details of raw material consumption in quantity has been given.

4 TOTAL MANAGERIAL REMUNERATION PAID/PAYABLE DURING THE YEAR

a. Managing Director Rs. 480000/-

b. Director Rs. 180000/-

5. A interest free Long Term loan of Rs. 2800000- is outstanding during the financial year 2014-2015.

6. The branch office of the company is situated at Muzaffamagar, UP.

7. Confirmation of balances of few parties appearing under the heads current liabilities, current assets, capital work in progress and loans & advances are still awaited.

8. Particular of Auditors remuneration -

Audit Fee Rs. 60000/-

9. Sundry Debtors / Creditors includes various amounts which are more than 6 months old and no confirmation of the outstanding amount are available. Figures has been taken in such heads as per the confirmation of the management of the co.

10. There are previous losses in the company, however the company has profit during the year on which Income Fax has to be deposited as per the computation of Income Tax.

11. As informed to us by the management no balances are outstanding for more than 45 days at the Balance Sheet date to the suppliers registered themselves under the micro, Small and Medium Enterprises Development (MSMED) Act, 2006.

12. EARNING PER SHARE

Basic earnings per share is calculated by dividing the net profit for the year attributable to equity shareholders by the numbers of equity shares outstanding during the year.

13. BUSINESS INFORMATION

Based on the analysis of the company's internal organization and management structure, the management of the company has classified its business activities as Manufacturing & processing of Ayurvedic, Medicines Ayurvedic com posit drug kits, dye kits & CHW kits". The company has not done manufacturing on job' work basis during this year under audit.

14. DEFERRED TAX LIABILITY

Difference of Depreciation as per the Companies Act & as per I. Tax Act, has been add back in the net profit of the company and then Tax has been calculated.

15. EXPENDITURES ON EMPLOYEE

Break up of expenditure incurred on employees who were employed throughout financial year and were in receipt of remuneration aggregating to net less than Rs 60,00,000/- per annum or if employed, for a part of financial year were, in receipts of remuneration aggregating to net less than Rs. 500,000/- per month.

16. The company has taken Cash Credit Limit & availed Rs. 75.09 lacs from Punjab National Bank, Civil Lines, Roorkee against the hypothecation of all type of stocks and personal guarantee of the Directors.

17. Notes 1 to 18 form integral part of Balance Sheet and Profit & Loss account and have been duly annexed.

18. Previous year figures have been regrouped / reclassified wherever necessary to correspond with the current year's classification / disclosure.

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Mar 31, 2014

1. DETAILS OF RAW MATERIAL CONSUMPTION

As the number of raw materials are more than one thousand and none of them amount to reasonable parts of total consumption, no item wise details of raw material consumption in quantity has been given.

2. TOTAL MANAGERIAL REMUNERATION PAID/PAYABLE DURING THE YEAR

a. Managing Director Rs. 480000/-

b. Director Rs. 180000/-

3. A interest free Long Term loan of Rs. 2800000- is outstanding during the financial year 2013-14.

4. The branch office of the company is situated at Muzaffarnagar, UP.

5. Confirmation of balances of few parties appearing under the heads current liabilities, current assets, capital work in progress and loans & advances are still awaited.

6. Particular of Auditors remuneration - Audit Fee Rs. 60000/-

7. Sundry Debtors includes various amounts which are more than 6 months old and no confirmation of the outstanding are available.

8. There are no previous losses in the company, hence Income Tax Rs.519202-for the FY 2013-14 has to be deposit against which Advnce Tax & TDS Rs. 471382-has been deposited in advance and rest Rs. 47820- has to be deposited for which the provision has been made.

9. Previous year figures have been regrouped where ever necessary.

---

Mar 31, 2013

1 DETAILS OF RAW MATERIAL CONSUMPTION

As the number of raw materials are more than one thousand and none of them amount to reasonable parts of total consumption, no item wise details of raw material consumption in quantity has been given.

2 TOTAL MANAGERIAL REMUNERATION PAID/PAYABLE DURING THE YEAR

a. Managing Director Rs. 3000007-

b. Director Rs. 300000/-

3. Fixed Assets include capital work in progress of Rs. 13515861/- paid as advance for Machinery, Building Materials and other equipments pending for adjustments since a long time and also the balances have not been confirmed by them.

4. A Longterm loan of Rs. 2800000 is outstanding during the financial year 2012-13. Interest on unsecured loans has been paid and TDS has been deposited properly.

5. The branch office of the company is situated at Muzaffarnagar, UP.

6. Confirmation of balances of few parties appearing under the heads current liabilities, current assets, capital work in progress and loans & advances are still awaited.

7. Sundry Debtors includes various amounts which are more than 6 months old and no confmnation of the outstanding are available.

8. There are no previous losses in the company, hence Income Tax Rs. 356872- for the FY 2012-13 has to be deposit against which Rs. 200000-has been deposited in advance Plus TDS Rs. 13640- has to be adjusted and rest Rs. 143232- has to be deposited for which the provision has been made.

9. Previous year figures have been regrouped where ever necessary.

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Mar 31, 2012

Additional information pursuant to the provisions of paragraph 3 & 4 [c] [d] of part II of schedule VI of the Companies Act, 1956.

1. LICENCED AND INSTALLED CAPACITY

Note: Since the number of items of raw materials and finished goods are more , than one thousand, hence quantitative details are not given.

2. DETAILS OF RAW MATERIAL CONSUMPTION

As the number of raw materials are more than one thousand and none of them amount to reasonable parts of total consumption, no item wise details of raw material consumption in quantity has been given.

3. TOTAL MANAGERIAL REMUNERATION PAID/PAYABLE DURING THE YEAR

a. Managing Director Rs. 300000/-

b. Director Rs. 300000/- -

4. Fixed Assets include capital work in progress of Rs. 13515861/- paid as advance for Machinery, Building Materials and other equipments,pending for adjustments since a long time and also the balances have not been confirmed by them,

5. An Unsecured loan of Rs. 4100861- is outstanding during the financial year 2011- 2012. Interest on Unsecured loans has been paid and TDS has been deposited properly.

6. The branch office of the company is situated at Muzaffarnagar, UP.

7. Confirmation of balances of few parties appearing under the heads current liabilities, current assets, capital work in progress and loans & advances are still awaited.

8. Particular of Auditors remuneration -

9. Sundry Debtors includes various amounts which are more than 6 months old and no confmnation of the outstanding are available.

10. There are no previous losses in the company, hence Income Tax Rs. 339345- for the FY 2011-12 has to be deposit against which Rs. 100000-has been deposited in advance Plus TDS Rs. 4702- has to be adjusted and rest Rs. 234643- has to be deposited for which the provision has been made.

11. The Managing Director of the Company Shri Paras Kumar Jain expired on dated 11 th May 2012.

12. Shri Tosh Kumar Jain, Director of the comftany now has been appointed as the Managing Director of the company w.e.f. 25 H May, 2012. to look after the affairs of the company.

13. Smt. Monika Jain Wlo Shri Tosh Kumar Jain has been appointed as the Director of the company w.e.f. 25TH May, 2012 to look after the affairs of the company. Previous year figures have been regrouped wherever necessary.

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Mar 31, 2010

Additional information pursuant to the provisions of paragraph 3 & 4 [c] [d] of part II of schedule VI of the Companies Act, 1956.

1. DETAILS OF RAW MATERIAL CONSUMPTION

As the number of raw materials are more than one thousand and none of them amount to reasonable parts of total consumption, no item wise details of raw material con- sumption in quantity has been given.

2. Fixed Assets include capital work in progress of Rs. 25549991/- paid as advance for Machinery, Building Materials and other equipments pending for adjustments since since a long time and also the balances have not been confirmed by them.

3. Over dues amount due on 31st March, 2010 of PNB are Rs. 48786/- which is secured against the Companys fixed assets and personal guarantee of the Directors. Unse- cured loans has been squared up & some re-grouped as per the information of direc- tors of the company.

4. The branch office of the company is situated at Muzaffarnagar, UP

5. Confirmation of balances of few parties appearing under the heads current liabiltiies, current assets, capital work in progress and loans & advances are still awaited.

6. Particular of Auditors remuneration -

Audit Fee Rs. 20000/-

7. Extension for sale proceeds of export sales worth US$ 88609 is valid upto

8. Sundry Debtors includes various amounts which are more than 6 months old and no confirmation of the outstanding are available.

9 There was an agreement between the Co. (DRAL) and Mr. Tosh Kumar Jain (Director of the Co.) who was already in agreement with Swami Dayal Dass Chela Duj Dass for the persuation of the legal cases pending before different court including Supreme - Court and it has been agreed that after wining the battle in the legal court and after sale of the property a sum of Rs. 50.00 lacs will give to Mr. Tosh Kumar Jain against which 80% share will be in the hands of the Co. Hence the registered deed after winning the cash executed in the month of August & Sept. 2009 therefore profit has been booked during the financial year.

10. There are previous loss in Income Tax of Rs. 1561037- but during the year after adjust- ment, the company will pay Income tax as per separate calculation of Income tax.

11. Previous year figures have been regrouped wherever necessary.

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Mar 31, 2009

Additional information pursuant to the provisions of paragraph 3 & 4 [c] [d] of part II of Schedule VI of the companies Act. 1956.

1. LICENCED AND INSTALLED CAPACITY

a Licensed Capacity Tablet, Syrup, Powder, Awaleha etc.

2 DETAILS OF RAW MATERIAL CONSUMPTION

As the number of raw materials are more than one thousand and none of them amount to reasonable parts of total consumption, no itemwise details of raw material consumption in quantity has been given.

3. Fixed Assets include capital work in progress of Rs. 17496990/- paid as advance for Machinery, Building Materials and other equipments, pending for adjustments since a long time and also the balances have not been confireme by them.

4. Overdues amount due on 31st March, 2008 to ICICI Banks Ltd., PNB are Rs 435995/- which is secured against the companys fixed assets and personal guarantee of the Directors. Unsecured loans Rs. 20.15/- lacs has been personally guaranteed by the directors.

5. The branch office of the company situated at muzaffamagar.

6. Confirmation of balances of few parties appearing under the heads current liabilities, current assets, capital work in progress and loans & advances are still awaited.

7. Particular of Auditors remuneration- Audit Fee Rs. 30000/-

8. Sundry Debtors includes various amount which are more than 6 month old and no confirmation of the outstanding are available.

9. There is no any income tax liability in the company during the year as it has previous losses but due to profit in current year tax on MAT has to be deposited.

10. Previous year figures have been regrouped wherever necessary.