LITE SOFTWARE PRIVATE LIMITED

REGD. OFF AT.- C/O SRI VISHNU DAS SHARMA, J.P. LANE
KADAMKUAN, PATNA-800014, BIHAR
Estimated Balance Sheet as on 31st March 2017
Particulars Note Ref.
Number
EQUITY AND LIABILITIES
1. Shareholders' funds
a. Share Capital 1
b. Reserves and Surplus 2
c. Money Received against
Share Warrants
2. Share Application Money Pending Allotment

3. Non-Current Liabilities
a. Long-Term Borrowings 3
b. Deferred Tax Liabilities
Deffered Tax Liabilities O/B -
Less: Assets this year -
c. Other Long Term Liabilities 4
d. Long-Term Provisions 5

4. Current Liabilities
a. Short-Term Borrowings 6
b. Trade Payables
c. Other Current Liabilities 7
d. Short-Term Provisions 8
e. Contingent Liabilities & Commitments 17
Total

ASSETS
1. Non-current assets
a. Fixed assets
i. Tangible Assets 24
ii.Intangible Assets
iii.Captial Work-in-Progress
iv.Intangible Assets under Development
b. Non-Current Investments 9
c. Deferred Tax Assets (Net)
d. Long-Term Loans and Advances 10.
2. Current Assets
a. Current Investments 12
b. Inventories 13
c. Trade Receivables 14
d. Cash and Cash Equivalents 15
e. Short-Term Loans and Advances 16
f. Other Current Assets 11
Total
 Notes on Accounts as per Schedule "25" Attached.
Signed in terms of our separate report of even date attached.
For Anand Gautam & Associates
Chartered Accountants

(Director)
(CA Anand Gautam) Prashant Kumar
Place : Patna (Proprietor)
Date : 25/06/2016
 LITE SOFTWARE PRIVATE LIMITED
REGD. OFF AT.- C/O SRI VISHNU DAS SHARMA, J.P. LANE
KADAMKUAN, PATNA-800014, BIHAR
Estimated Profit and loss statement for the year ended 31st March 2017
Particulars Note No.
A. Revenue from Operations 18
B. Other Income 21
C. Total Revenue(A+B)

D. Expenses:
Cost of Materials Consumed 25
Purchases of Stock-in-Trade
Changes in Inventories of Finished Goods
Work -in-Progress and Stock-in-Trade
Employee Benefits Expenses 22
Finance Costs 20
Depreciation and Amortization Expenses 24
Other Expenses 23
Total Expenses

E. Profit before Exceptionary Items

and Tax (C-D)
F. Exceptional Items

G. Profit Before Extraordinary Items

and Tax (E-F)
H. Extraordinary Items

I. Profit Before Tax (G+H)

J. Tax Expenses:
(1) Current Tax
(2) Deferred Tax (Assets)
K. Profit/(Loss) for the period from continuing
Operations (I-J)
L. Profit/(Loss) from discontinuing operations
M. Tax Expenses of Discontinuing Operations
N. Profit/(Loss) from Discontinuing operations
(After Tax) (L-M)
O. Profit (Loss) for the period (K+N)
P. Earnings per Equity Share:
1.Basic
2.Diluted

Notes on Accounts as per Schedule "25" Attached.

Signed in terms of our separate report of even date attached.
 For Anand Gautam & Associates
Chartered Accountants

(Director)
(CA Anand Gautam) Prashant Kumar
Place : Patna (Proprietor)
Date : 25/06/2016
 LITE SOFTWARE PRIVATE LIMITED
REGD. OFF AT.- C/O SRI VISHNU DAS SHARMA, J.P. LANE
KADAMKUAN, PATNA-800014, BIHAR
Notes and forming part of Profit & Loss Account and Balance Sheet for the year end
1. Share Capital
Equity Share Capital
a) Authorised Share Capital
25000 Equity Shares of Rs.100/-
b) Issued, Subscribed and Fully Paid Share Capital
25000 Equity Shares of Rs.100/-(Fully Paid-up)
c) Calls Unpaid
d) Forfeited Shares

Preference Share Capital

a) Authorised Share Capital
b) Issued, Subscribed and Fully Paid Share Capital
c) Calls Unpaid
d) Forfeited Shares
Total

a) There has been no transfer in the Share Capital during the year as per the Share Transfer Register. The Com
shares having a par value of Rs.100 each.Each holder of the equity shares is entitled to One Vote per share
capital,the same will be in proportion to the number of equity shares held.

b) Reconciallation of the Number of shares and amount outstanding at the beginning and at the end of reportin

Ordinary Share Capital Nos.(31.03.16)

At the beginning of the year 1,000
Issued during the Year -
At the end of the year 1,000

c) Details of shares held by share holder holding more than 5% Shares in the Company.
Ordinary Shares with voting rights.
Name of Share Holder No of Eq.Shares ( 31.03.2017)
No. Percentage
Prashant Kumar 12,500 50.00
Sharda Kumari 2,500 10.00
Sudhanshu Shekhar 10,000 40.00
Total 25,000 100

2. Reserves and Surplus

a) Capital Reserves
b) Capital Redemption Reserves
c) Securities Premium Reserves
d) Debenture Redemption Reserves
e) Revaluation Reserve
f) Other Reserve/Fund
g) Surplus
Opening Balance 843,226.92
 Add: This Year 1,089,812.40

3. Long-Term Borrowings
A) Secured
a) Bonds/Debentures
b) Term/Loans
c) Deferred Payment Liabilities
d) Deposits
e) Other Loans & Advances

B) Unsecured
a) Bonds/Debentures
b) Term/Loans
c) Deferred Payment Liabilities
d) Others

Total (A+B)
4. Other Long Term Liabilities
a) Trade Payables
b) Others

5. Long-Term Provisions
a) Provision for Employee Benefits
b) Others

6. Short-Term Borrowings
A) Secured
a) Loans Repayable on Demand
b) Loans and Advances from Related Parties
c) Deposits
d) Other Loans and Advances

B) Unsecured
a) Loans Repayable on Demand
b) Loans and Advances from Related Parties
c) Deposits
d) Other Loans and Advances

Total (A+B)

7. Other Current Liabilities

a) Current Maturities of Long Term Debt
b) Current Maturities of Finance Lease Obligation
c) Interest Accrued but not due on Borrowings
d) Interest Accrued and due on Borrowings
e) Income received in Advance
f) Unpaid Dividends
g) Refundable Share Application Money
h) Unpaid matured Deposits and Interest Accrued threon
i) Unpaid Matured Debentures and Interest
j) Sundry Creditors
Others Payable
Audit Fees Payable
Accountant Salary Payable
Director Remuneration Payable
EPF Payable
ESI Payable
Service Tax Payable
Office & Center Staff Salary Payable
Directors Travelling Exps. Payable
Income Tax Provisions
Travelling Exps. Payable

8. Short-term provisions
 a) Provisions for Employee Benefits
b) Others

9. Non-Current Investments
b) Investment in Property
c) Investments in Equity instruments
d) Investments in Preference shares
e) Investments in Government and Trust securities
f) Investments in debentures or bonds
g) Investments in Mutual funds
h) Investments in Partnership firms
i) Other Non-Current Investments
10.Long Terms Loans and Advances
A) Secured Considered Good
a) Capital Advances
b) Security Deposits
c) Loans and Advances to Related Parties
d) Other Loans and Advances

B) Unsecured considered good

a) Capital Advances
b) Security Deposits
c) Loans and Advances to Related Parties
d) Other Loans and Advances

C) Doubtful
a) Capital Advances
b) Security Deposits
c) Loans and Advances to Related Parties
d) Other Loans and Advances

Total (A+B+C)

11.Other Non-Current Assets

A) Long Term Trade Receivables
a) Secured Considered Good
b) Unsecured Considered Good
c) Doubtful
B) Other
Preliminary Expenses (To the Extent not Written Off)

12.Current Investments
a) Investments in Equity Instruments
b) Investments in Preference Shares
c) Investments in Government or Trust Securities
d) Investments in Debentures or Bonds
e) Investments in Mutual funds
f) Investments in Partnership Firms
g) Other Current Investments

13.Inventories
a) Raw Materials
b) Work in Progress
c) Finished Goods
d) Stock in Trade
e) Stores and Spares
f) Loose Tools
14.Trade Receivables (Unsecured)
a) Sundry Debtors (Unsecured)
Sundry Receivables against the Services etc.(Net of Advances Received)
Others
15.Cash and Cash Equivalents
a) Balances with banks
Bank of India
b) Cheques, Drafts in Hands
c) Cash in Hand (As per Computerised Cash Book).

16.Short Term Loans and Advances

a) Loans and adv. to Related Parties(Unsecured)
b) Others
Rent Security
Retention Money Receivables
TDS Receivables (A/Y: 2015-2016)
TDS Receivables (A/Y: 2016-2017)
TDS Receivables (A/Y: 2017-2018)

17.Contingent Liabilities and Commitments

(to the extent not provided for)
A) Contingent liabilities
a) Claims against the Company not Acknowledged as Debt
b) Guarantees
c) Other money for which the company is Contigently Liable

B) Commitments
a) Estimated Amount of Contracts Unexecuted on Capital Account
b) Uncalled Liability on Shares and Other
c) Investments Partly Paid
d) Other Commitments
18.Revenue from Operations (for Companies other
than a Finance Company)
a) Revenue from Sales of Products
b) Sale of Services
Received from IT Services
b) Other operating revenues 10500000.00
Less: Tax 0.00

19.Revenue from Operations

(for finance companies)
a) FDR Accrued Interest
b) Other Financial Services

20.Finance Costs
a) Interest Expenses
b) Bank Charges
b) Net gain / Loss on foreign currency transactions and translations

21.Other Income
a) Interest
b) Discount/Incentive etc.
c) Capital Gain on Securities
d) Commission
e) Dividend Income
f) Net gain / Loss on sale of investment
g) Adjustment to the carrying amount of Investment
h) Other non-operating Income

22.Employee Benefits Expense

a) Salaries to Office Staffs
b) Salaries and Wages to Various Center staff
c) Contribution to Provident Funds (EPF)
d) Contribution to ESI Fund
e) Staff Welfare Expenses
f) Bonus
23.Other Expenses

Accounting charges
Directors Remuneration
Prashant Kumar 650000.00
Sharda Kumari 400000.00
Payment to Auditors
i) As Auditor -
- Statutory Audit
- Tax Audit
- VAT Audit
- Internal Audit
- Special Audit u/s 142(2A) of I. Tax Act
- Special Audit u/s 233A of Companies Act
ii) For taxation Matters
iii) For Company law Matters
iv) For Management Services
v) For other Services
vi) For reimbursement of expenses

Computer consumables & maintenance

Conveyance Exps.
Freight
Power and fuel
Rent
Legal Fee
Repairs to buildings
Repairs to machinery
Insurance
Center Expenses
Office & Administration
Travelling & Conveyance
Directors travelling & conveyance
Printing & Stationary
General Expenses
Telephone & Internet
Preliminary Expenses Written Off
Deferred Tax Liability
Advertisement & Publicity
Loss on sale of assets
Postage & Courier

25.Cost of Material Consumed

a) Cost of material consumed
 For Anand Gautam & Associates 0
Chartered Accountants

(Director)
(CA Anand Gautam) Prashant Kumar
Place : Patna (Proprietor)
Date : 25/06/2016
Name of the Company LITE SOFTWARE PRIVATE LIMITED
Registered Office REGD. OFF AT.- C/O SRI VISHNU DAS SHARMA
Incorporation Date :
CIN :
Financial Year : 31.03.201.. to 31.03.201..
Assessement Year : 201.. - 201..
PAN :
Status : Domestic Private Limited Company.

Computation of Income

Income from Business/Profession

Net Profit as per Audited P/L A/c

Add: Inadmissible Items

Depreciation as per Co's Act.
 Gross Income
Less: Admissible Items
Depreciation W/o (As per I.T. Rules)

Net Taxable Income

Tax Payable
Add: Education Cess
Total Tax
Less: TDS

Refundable

Note: C/A with Bank, A/c No…………………..., IFSC ………………………..

Assessee
Calculation of Deffered Tax
-----------------------------------------
a) Profit & Loss Account ---------------------------------------
Add: Depreciation as per Co' Act

Less: Depreciation as per I.T. Act'

b) Balance Profit

Tax calculation on (b)

Tax calculation on (a)

Deffered Tax Assets

 OFTWARE PRIVATE LIMITED
/O SRI VISHNU DAS SHARMA, J.P. LANE
MKUAN, PATNA-800014, BIHAR
Balance Sheet as on 31st March 2017
31.03.2017 31.03.2016

2,500,000.00 100,000.00
1,933,039.32 843,226.92

- 2,400,000.00

1,387,078.00 500,000.00

- -
- -
- -

300,000.00 300,000.00
- -
6,777,680.00 2,217,650.00
- -
- -
12,897,797.32 6,360,876.92

274,161.60 204,499.60
- -
- -
- -
- -
60,266.00 31,974.00
- -

- -
- -
12,012,800.00 5,910,562.10
520,569.72 102,358.22
30,000.00 111,483.00
- -
12,897,797.32 6,360,876.92
- -
 ounts as per Schedule "25" Attached.
f our separate report of even date attached.

(Director)
Sharda Kumari
 OFTWARE PRIVATE LIMITED
/O SRI VISHNU DAS SHARMA, J.P. LANE
MKUAN, PATNA-800014, BIHAR
ss statement for the year ended 31st March 2017
31.03.2017 31.03.2016
25,559,240.00 12,549,367.00
- -
25,559,240.00 12,549,367.00

- -
- -
- -
- -
12,676,200.00 6,679,130.00
101,500.00 6,582.38
230,338.00 112,936.00
10,974,050.00 5,357,604.00
23,982,088.00 12,156,252.38

1,577,152.00 393,114.62
- -

1,577,152.00 393,114.62
- -

1,577,152.00 393,114.62

515,631.60 137,709.49
28,292.00 16,237.00

1,089,812.40 271,642.13
- -
- -

- -
1,089,812.40 271,642.13

- -
- -

ounts as per Schedule "25" Attached.

f our separate report of even date attached.
 (Director)
Sharda Kumari
 OFTWARE PRIVATE LIMITED
/O SRI VISHNU DAS SHARMA, J.P. LANE
MKUAN, PATNA-800014, BIHAR
Loss Account and Balance Sheet for the year ended 31.03.2017

2,500,000.00 2,500,000.00

2,500,000.00 100,000.00
- -
- -

- -
- -
- -
- -
2,500,000.00 100,000.00

he year as per the Share Transfer Register. The Company has only one class of equity
he equity shares is entitled to One Vote per share in the event of repayment of share
y shares held.

tstanding at the beginning and at the end of reporting period.

Nos.(31.03.17)
1,000
24,000
25,000

Nos. 31.03.2016

12,500
2,500
10,000
25,000

0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00

571,584.79
1,933,039.32 271,642.13
1,933,039.32 843,226.92

- -
- -
- -
- -
887,078.00 -
887,078.00 -

- -
- -
- -
500,000.00 500,000.00
500,000.00 500,000.00
1,387,078.00 500,000.00
 - -
- -
- -

- -
- -
- -

- -
- -
- -
- -
- -

- -
300,000.00 300,000.00
- -
- -
- -
- -
300,000.00 300,000.00
300,000.00 300,000.00

- -
- -
- -
- -
- -
- -
- -
- -
- -
-

46,000.00 34,500.00
36,000.00 18,000.00
100,000.00 80,000.00
- -
- -
- -
5,865,480.00 1,561,870.00
302,200.00 178,700.00
28,000.00 24,580.00
400,000.00 320,000.00
6,777,680.00 2,217,650.00
- -
- -
- -

- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

- -

- -
- -
- -
- -
- -

- -
- -
- -
- -
- -

- -

- -
- -
- -
- -
-
- -

- -
- -
- -
- -
- -
- -
- -
- -

- -
- -
- -
- -
- -
- -
 - -

12,012,800.00 5,910,562.10
- -
12,012,800.00 5,910,562.10
 - -
16,563.62
- -
520,569.72 85,794.60
520,569.72 102,358.22

- -

- -
-
- -
- 111,483.00
30,000.00
30,000.00 111,483.00

- -

- -
- -
- -

- -
- -
- -
- -
- -
 -

15,059,240.00 12,549,367.00
-
10,500,000.00 -
25,559,240.00 12,549,367.00

- -
- -
- -

92,703.00 -
8,797.00 6,582.38
- -
101,500.00 6,582.38

- -
- -
- -
- -
- -
- -
- -
- -
- -

1,800,000.00 900,000.00
8,588,300.00 5,182,250.00
- -
- -
1,887,900.00 316,880.00
400,000.00 280,000.00
12,676,200.00 6,679,130.00
 80,000.00 72,000.00

0.00
1050000.00 960000.00
- -
- -
23,000.00 17,250.00
23,000.00 17,250.00
- -
- -
- -
- -
- -
- -
- -
- -
155,000.00 69,000.00

1,656,800.00 901,700.00
891,000.00 328,314.00
38,900.00 8,620.00
640,000.00 192,970.00
96,000.00 84,000.00
30,000.00 16,000.00
- -
45,000.00 -
- -
2,577,800.00 1,211,803.00
652,300.00 134,104.00
1,272,450.00 787,942.00
407,600.00 253,400.00
331,500.00 73,991.00
636,300.00 132,220.00
258,900.00 82,300.00
7,000.00
- -
90,000.00 -
-
18,500.00 7,740.00
10,974,050.00 5,357,604.00

- -
- -
- -
0

(Director)
Sharda Kumari
GD. OFF AT.- C/O SRI VISHNU DAS SHARMA, J.P. LANE

Computation of Income

1577152.00

230338.00
230338.00
 1807490.00

138778.00
138778.00
1668712.00

500613.60
15018.00
515631.60

0.00
0.00 0.00
-515631.60
 1577152.00
230338.00
---------------------------
1807490.00
138778.00
---------------------------
1668712.00
================
515632.01
487339.97
---------------------------
28292.04
================
24. Fixed Assets (Companies Act)
Fixed Assets (Tangible Assets) 31.03.2017
Particulars Rate Original Addition Assets Sold Total D E PR E C IAT I O N NET BLOCK
Cost Up to During the as on As at As at
31.03.16 Year 31.03.17 31.03.17 31.03.16
Plant & Equipments 19.59% 87,600.00 200,000.00 - 287,600.00 53,970.00 45,768.00 99,738.00 (12,138.00) 33,630.00
Funiture & Fixtures 34.05% 199,240.00 - - 199,240.00 138,290.00 20,753.00 159,043.00 40,197.00 60,950.00
Computer with Printer 40.07% 446,500.00 - 446,500.00 402,126.40 17,781.00 419,907.40 26,592.60 44,373.60
Computer 39.95% 140,000.00 300,000.00 - 440,000.00 74,454.00 146,036.00 220,490.00 219,510.00 65,546.00
Total 873,340.00 500,000.00 - 1,373,340.00 668,840.40 230,338.00 899,178.40 274,161.60 204,499.60

Fixed Assets (Income Tax Act)

Particulars Rate WDV as on Addition Addition Total D E PR E C IAT I O N Total WDV as on

01.04.16 1st Half 2nd Half On WDV on 2nd Half 31.03.17
Plant & Equipments 15.00% 38,868.00 - 200,000.00 238,868.00 5,830.00 15,000.00 20,830.00 218,038.00
Funiture & Fixtures 10.00% 117,649.00 - - 117,649.00 11,765.00 - 11,765.00 105,884.00
Computer with Printer 60.00% 26,972.00 - 300,000.00 326,972.00 16,183.00 90,000.00 106,183.00 220,789.00
Total 183,489.00 - 500,000.00 683,489.00 33,778.00 105,000.00 138,778.00 544,711.00
 Statement of Cash Flows (Indirect Method)

LITE SOFTWARE PRIVATE LIMITED

Estimated Statement of Cash Flows
For the Years Ending March 31, 2017

Cash Flows from Operating Activities

Net Profit Before Tax & Extraordinary Item 1,577,152.00
Add Expenses Not Requiring Cash:
Depreciation 230338
Amortization of Goodwill
Interest Paid 92703
Operating Profit Before Change in Working Capital 1900193
Other Adjustments:
Add Reduction in Short Loan & Advances 81483
Add Increase in Other Current Liabilities 4560030
Add Increase in Accounts Payable 0.00
Subtract Decrease in Accounts Payable 0.00
Subtract Increase in Trade Receivable -6102238
Subtract Increase in Prepaid Expenses 0.00
Other 0.00
Cash Generated From Operating Activities 439468.10
Less: Income Tax -515631.60

Net Cash from Operating Activities (A) -₹ 76,163.50

Cash Flows from Investing Activities

Increase in Marketable Securities 0.00
Sale of Fixed Assets 0.00
Purchase of New Equipment -200000.00
Other -300000.00
Net Cash Used for Investing Activities (B) -₹ 500,000.00

Cash Flows from Financing Activities

Payment of Mortgage Principal -112922.00
Interest Paid -92703.00
Raising Long-Term Loan 1000000.00
Net Cash from Financing Activities ( C ) ₹ 794,375.00

NET INCREASE/(DECREASE) IN CASH (A+B+C) ₹ 218,211.50

Add:CASH, BEGINNING OF YEAR 102358.22
CASH, END OF YEAR ₹ 320,569.72
ethod)

TED

7
 LITE SOFTWARE PRIVATE LIMITED

FUND FLOW STATEMENT

For The Year Ended 31st March,2016

Sources Of Funds Amount (Rs.) Application Of Funds Amount (Rs.)

Fund From Operation
Issue Of Share Capital
Issue of Debenture
Raising Long-Tern Loans
Sale Of Fixed Assets
Sale Of Long-Term Investment
Dividend Received
Interest Received
Decrease In Working Capital
1900193.00 Fund Lost From Operation
Redemption Of Pref. Share Capital
Redemption Of Debenture
1000000.00 Payment Of Long-Term Loan 112922.00
Purchase Of Fixed Assets 500000.00
Purchase Of Long-Term Investment
Payment Of Dividend
Payment Of Tax 515632.00
Interest Paid 92703.00
Increase In Working Capital 1878937.00

Total 2900193.00 Total 3100194.00

­200001.00
 Schedule Of Changes In Working Capital

Current Year Previous Year Working Capital Changes

Particulars (Rs.) (Rs.) Increase Decrease
Current Assests

Trade Receivable 12012800 5910562 6102238

Cash & Cash Equivalent 520570 102358 418212
Short-Term Loan & Advances 30000 111483 81483

Total (A) 12563370 6124403

Current Liabilities

Other Current Liabilities 6777680 2217650 4560030

Total (B) 6777680 2217650

Working Capital (A-B) 5785690 3906753

Increase In Working Capital 1878937 1878937

Total 5785690 5785690 6520450 6520450

 Adjusted Profit and Loss Account

Particulars Amount (Rs.) Particulars Amount (Rs.)

To Depreciation
" Loss on sale of assets
" Loss on sale of Long-Term
Investment
" Godwill Written-off
" Interest Paid
" Discount on issue of Debenture
" Dividend/Interim Dividend
" Proposed Dividend
" Transfer to General Reserve
" Transfer to Sinking Fund
" Balance C/d (Net Profit)
230338.00 " Profit on sale of Fixed Assets
" Profit on Long-Term Investment
" Refund of Tax
" Dividend on Investment
92703.00 " Interest Received
" Fund From Operation 1900193.00
(Balancing Figure)
1577152.00

Total 1900193.00 Total 1900193.00