Notes to Accounts of Anna Infrastructures Ltd.

Mar 31, 2015

NOTE 1. BEING PART OF NOTES ON ACCOUNTS EARNING PER SHARES

Basic earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items, if any) by the weighted average number of equity shares outstanding during the year. Diluted earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary items, if any) by the weighted average number of equity shares considered for deriving basic earnings per share since the company have not issued any securities which can be potential equity shares.

NOTE 2. BEING PART OF NOTES ON ACCOUNTS

Particulars of employees who are in receipt of Rs. 60,00,000 per annum when employed throughout the financial year or Rs. 5,00,000 per month when employed for the part of year : Nil (2013-14 : Nil).

As none of the employee is covered by the eligibility criteria hence no provision for the retirement benefit has been made.

NOTE 3. BEING PART OF NOTES ON ACOUNTS

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.

NOTE 4. BEING PART OF NOTES ON ACOUNTS

Current income tax expense comprises taxes in income from operation for the period. Income tax payable is determined in accordance with the Income Tax Act, 1961.

Deferred Tax expense or benefit is recognized on timing difference between taxable income and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

Deferred tax asset and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

NOTE 5. BEING PART OF NOTES ON ACOUNTS

In accordance with Accounting Standard 22 " Accounting for Taxes on Incomes" notified under the Companies Act, 2013 by the Central Government, the timing difference have resulted in net deferred tax Asset of Rs 1,88,063/- as the year end 31st March, 2015.

NOTE 6. BEING PART OF NOTES ON ACOUNTS

The Company is a Small and Medium-sized Company (SMC) as defined in the General Instructions in respect of Accounting Standards notified under the Companies Act, 2013. Accordingly, the Company has compiled with the Accounting Standards as applicable to a Small and Medium-Sized Company.

NOTE 7. BEING PART OF NOTES ON ACOUNTS

The Company has not received any intimation from "suppliers" regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence, the following disclosures under the said Act have been shown as Nil.

NOTE 8. BEING PART OF NOTES ON ACOUNTS

Related Party disclosures, as required in terms of Accounting Standard (AS) 18 are given below :

Relationships :

A) Individuals having voting power with control or significant influence :

i) Shri Amit Mittal ii) Shri Rakesh Kumar Mittal iii) Shri Ashok Kumar Mittal iv) Shri Anil Kumar Agarwal

B) Relatives of Key Management Personnel, where transaction have taken place :

i) NIL

C) Associate Companies owned by Directors or Major Shareholders :

i) NIL Note : Related party relationships are as identified by the Company and relied upon by the Auditors.

NOTE 9. BEING PART OF NOTES ON ACOUNTS

Preliminary Expenses are being written off over a period of five years.

NOTE 10. BEING PART OF NOTES ON ACOUNTS

Provision, Contingent Liabilities & Contingent Assets :

Estimated amounts of contract to be executed and not provided for as on 31st March 2015 is: Nil (2013-14: Nil) In the opinion of the Board, the assets other than fixed assets and noncurrent investments are approximately of the same value stated, if realized in the ordinary course of business.

NOTE 11. BEING PART OF NOTES ON ACOUNTS

- Earnings in foreign currency Rs. Nil (2013-14 : Nil)

- Expenditure in foreign currency Rs. Nil (2013-14: Nil)

NOTE 12. BEING PART OF NOTES ON ACOUNTS

Previous year's figures have been regrouped wherever necessary. The company has compiled the above accounts based on the revised/Modified schedule III applicable for the accounting period 2014-2015.

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Mar 31, 2014

1. The company has only one class of shares referred to as equity shares having a par value of Rs. 10/-. Each holder of one equity share is entitled to one vote per share.

In the event of liquidation of the Company, the holders of the shares shall be entitled to receive any of the remaining assets of the Company, after distribution of all prefrential amounts. However, no such preferential amounts exist currently. The amount distributed will be in proportion to the number of equity shares held by the shareholders.

Note 2 : Being part of Notes on Accounts

Earning Per Share

Basic earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinaryitems, if any) by the weighted average number of equity shares outstanding during the year. Diluted earnings per share is computed by dividing the profit / (loss) aftertax (including the post tax effect of extraordinaryitems, if any) by the weighted averagenumber of equity shares considered for deriving basic earnings per share since the company have not issued any securities which can be potential equity shares.

Note 3 : Being part of Notes on Accounts

* Particulars of employeeswho are in receipt of Rs. 60,00,000 per annum when employed throughout the financial year or Rs. 5,00,000 per month when employed for the part of year: Nil (2011-12 : Nil).

* As none of the employeeis covered by the eligibility criteria hence no provision for the retirement benefit has been made.

Note 4 : Being part of Notes on Accounts

There has been no prior period or extraordinaryitem of income or expenditure which has been entered in the books of accounts during the year.

* Current income tax expensecomprises taxes in income from operationfor the period. Income tax payable is determined in accordance with the Income Tax Act, 1961.

* Deferred Tax expense or benefit is recognised on timing difference between taxable income and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

* Deferred tax asset and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

Note 6 : Being part of Notes on Accounts

In accordance with Accounting Standard 22 " Accounting for Taxes on Incomes" notified under the Companies Act, 1956 by the Central Government, the timing difference have resulted in net deferred tax Asset of Rs 1,38,689/- as the year end 31st March, 2014.

Note 7 : Being part of Notes on Accounts

The Company is a Small and Medium-sized Company (SMC) as defined in the General Instructions in respect of Accounting Standards notified under the Companies Act, 1956. Accordingly, the Company has compiled with the Accounting Standards as applicable to a Small and Medium-Sized Company.

Note 8 : Being part of Notes on Accounts

Related Party disclosures, as required in terms of Accounting Standard (AS) 18 are given below :

Relationships :

a) Individuals having voting power with control or significant influence :

i) Shri Amit Mittal

ii) Shri Rakesh Kumar Mittal

iii) Shri Ashok Kumar Mittal

iv) Shri Anil Kumar Agarwal

B) Relatives of Key Management Personnel, where transaction have taken place :

i) NIL

C) Associate Companies owned by Directors or Major Shareholders :

i) NIL

Note : Related party relationships are as identified by the Company and relied upon by the Auditors.

Note 9 : Being part of Notes on Accounts

Preliminary Expenses are being written off over a period of five years.

Note 10 : Being part of Notes on Accounts

Provision. Contingent Liabilities & Contingent Assets :

Estimated amounts of contract to be executed and not provided for as on 31st March 2014 is: Nil (2012-13 In the opinion of the Board, the assets other than fixed assets and non current investments are approximately of the same value stated, if realised in the ordinary cource of business

Note 11 : Being part of Notes on Accounts

Earnings in foreign currency Rs. Nil (2012-13 : Nil)

Expenditure in foreign currency Rs. Nil (2012-13 : Nil)

Note 12 : Being part of Notes on Accounts

Previous year''s figures have been regrouped wherever necessary.

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Mar 31, 2013

Note 1 : Being part of Notes on Accounts

- Current income tax expense comprises taxes in income from operation for the period. Income tax payable is determined in accordance with the Income Tax Act, 1961.

- Deferred Tax expense or benefit is recognised on timing difference between taxable income and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

- Deferred tax asset and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

Note 2 : Being part of Notes on Accounts

In accordance with Accounting Standard 22 " Accounting for Taxes on Incomes" notified under the Companies Act, 1956 by the Central Government, the timing difference have resulted in net deferred tax Asset of Rs. 94,026 as the year end 31st March, 2013.

Note 3 : Being part of Notes on Accounts

The Company is a Small and Medium-sized Company (SMC) as defined in the General Instructions in respect of Accounting Standards notified under the Companies Act, 1956. Accordingly, the Company has compiled with the Accountino. Standards as applicable to a Small and Medium-Sized Company.

Note 4 : Being part of Notes on Accounts

The Company has not received any intimation from "suppliers" regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence, the following disclosures under the said Act have been

Note 5 : Being part of Notes on Accounts

Related Party disclosures, as required in terms of Accounting Standard (AS) 18 are given below :

Relationships :

a) Individuals having voting power with control or significant influence :

i) Shri Amit Mittal

ii) Shri Rakesh Kumar Mittal iii) Shri Ashok Kumar Mittal iv) Shri Anil Kumar Agarwal

B) Relatives of Key Management Personnel, where transaction have taken place : i) NIL

C) Associate Companies owned by Directors or Major Shareholders : i) Nil- Note : Related party relationships are as identified by the Company and relied upon by the Auditors.

Note 6 : Being part of Notes on Accounts

Preliminary Expenses are being written off over a period of five years.

Note 7 : Being part of Notes on Accounts

Provision. Contingent Liabilities & Contingent Assets :

Estimated amounts of contract to be executed and not provided for as on 31st March 2013 is : Nil (2011-12 :

In the opinion of the Board, the assets other than fixed assets and non current investments are approximately of the same value stated, if realised in the ordinary cource of business

Note 8 : Being part of Notes on Accounts

Earnings in foreign currency Rs. Nil (2011-12 : Nil) Expenditure in foreign currency Rs. Nil (2011-12 : Nil)

Note 9 : Being part of Notes on Accounts

Previous year''s figures have been regrouped wherever necessary.

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Mar 31, 2012

1. Confirmation of various debit and credit balances, loans and advances given and other liabilities etc. have not been received in some cases, which may have a revenue impact.

The Company is of the opinion that the computation of the net profit under section349 of the Companies Act 1956 is not necessary as no commission is paid/payable to the Directors for the year ended 31.03.2012.

2. Under Real Estate Division of the Company, the sale and booking is in progress in the following projects:

Plots in Ikon city Project Plots in Ikon Greens Project Plots in Ikon Vatica Project Shops in Anna Complex Shops in Anna Ikon

The Company has booked the Income @ 15% on sales/Bookings of Plots and 20% on sales/bookings of Shops, Flats, and balance of Profit & Loss of particular project accounted in that year in which the entire sale of said project will be completed.

3. Segment Information Composition of Business segment

The Company's business divided into two segment as

I. Real Estate Business

II. Loan and Investment

Normally there is no inter segment transactions in the company.

As at 31.03.2012 seqment revenues, result and other information

4. Related Party Disclosure

Related Party Disclosure, as required by AS-18 are given below :

(a) Whole Time Directors of the Company Shri Ashok Mittal Shri Rakesh Mittal Shri Anil Kumar Agarwal

The following transactions were carried out with the related parties in the ordinary curse of business.

(i) Remuneration to the Persons referred to in 8(a) above 3,38,000/-

(ii) Loan to Director other than 8(a) above Nil

5. As of March 31, 2012, the Company had no outstanding dues to small-scale industrial undertakings (Previous year: Rs. NIL).

6. Previous Year figures have been Regrouped/Restated wherever deemed necessary to make them comparable with those of the current year.

7. Figures have been rounded off to the nearest rupee.

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Mar 31, 2010

1. Confirmation of various debit and credit balances, loans and advances given and other liabilities etc. have not been received in some cases, which may have a revenue impact.

The Company is of the opinion that the computation of the net profit under section349 of the Companies Act 1956 is not necessary as no commission is paid/payable to the Directors for the year ended 31.03.2010.

2. As the company has surrendered its RBI Registration and according to Prudential Norms of the Reserve Bank of India there is no fresh NPA provision during the year:

Net Provision as on 31.03.2010 : Rs. 5,74,689/- (Previous Year: Rs. 5,74,669/-).

3. Under Real Estate Division of the Company, the sale and booking is in progress in the following projects : Plots in Ikon Residency Project

Plots in Ikon city Project

Plots in Ikon Greens Project

Plots in Ikon Vatica Project

Land in Kalal Kheria Project

Shops in Anna Complex

Shops in Anna Ikon and

Flats at Shivalik Residency The Company has booked the Income @ 15% on sales/Bookings of Plots and 20% on sales/bookings of Shops, Flats, and balance of Profit & Loss of particular project accounted in that year in which the entire sale of said project will be completed.

4. Segment Information

Composition of Business segment

The Companys business divided into two segment as

I. Real Estate Business

II. Loan and Investment

Normally there is no inter segment transactions in the company. As at 31.03.2010 segment revenues, result and other information

5. (a) Loans & Advances of Rs. Nil (Previous Year Rs. NIL) given to Directors of the Company. Maximum amount due during the year Rs. Nil (Previous Year: Rs. NIL).

(b)The amount due from Companies under the same management as defined in section (1-B) of Section 370 of the Companies Act 1956 are Rs. Nil (Previous Year: Rs. NIL), maximum amount due during the year: Rs. NIL (Previous Year: Rs. NIL).

6. Related Party Disclosure

Related Party Disclosure, as required by AS-18 are given below : (a) Whole Time Directors of the Company Shri Ashok Mittal Shri Rakesh Mittal Shri Anil Kumar Agarwal The following transactions were carried out with the related parties in the ordinary curse of business.

As on 31.03.2010 (i) Remuneration to the Persons referred to in 8(a) above 2,88,000/-

(ii) Loan to Director other than 8(a) above Nil

7. As of March 31, 2010, the Company had no outstanding dues to small-scale industrial undertakings (Previous year: Rs. NIL).

8. Previous Year figures have been Regrouped/Restated wherever deemed necessary to make them comparable with those of the current year.

9. Figures have been rounded off to the nearest rupee.