Notes to Accounts of Ekansh Concepts Ltd.

Mar 31, 2014

NOTE 1: OTHER NOTES FORMING PART OF FINANCIAL STATEMENTS

A. In the opinion of the Board, all the assets other than fixed assets and non-current investments have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated. The Provision of all known liabilities is adequate and not in excess of the amount reasonably necessary.

B. Balances of the trade receivables, trade payables, advances and balances of deposits are subject to confirmation, reconciliation and adjustments, if any. The management does not expect any material difference affecting the current year''s financial statements.

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

D. Related Party Disclosure

1. Details of Related Parties

Description of Relationship

a. Subsidiary Company

b. Promoter Company

c. Key Management Personnel (KMP) and their relatives

Name of Related Parties

Choice Realty Private Limited

Choice International Limited

Kamal Poddar (Managing Director) Arun Poddar (Director)

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Mar 31, 2013

A In the opinion of the Board, all the assets other than fxed assets and non-current investments have

B value on realisation in the ordinary course of business at least equal to the amount at which they are stated. Te Provision of all known liabilities is adequate and not in excess of the amount reasonably necessary.

C Balances of the trade receivables, trade payables, advances and balances of deposits are subject to confrmation, reconciliation and adjustments, if any. Te management does not expect any material diference afecting the current year''s fnancial statements.

D Previous year''s fgures have been regrouped / reclassifed wherever necessary to correspond with the current year''s classifcation / disclosure.

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Mar 31, 2012

1(1) Balances of the trade receivables, trade payables, advances and balances of deposits are subject to confirmation, reconciliation and adjustments, if any. The management does not expect any material difference affecting the current year's financial statements.

1(2) In the opinion of the Board, all the assets other than fixed assets and non-current investments have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated. The Provision of all known liabilities is adequate and not in excess of the amount reasonably necessary.

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Mar 31, 2011

1) Balances of the debtors, creditors, advances and balances of deposits are subject to confirmation, reconciliation and adjustments, if any. The management does not expect any material difference affecting the current years financial statements.

2) In the opinion of management, the current assets and advances have the value as stated in the balance sheet, if realised in the ordinary course of business.

3) Segment reporting:

The operating facilities of the Company are commonly employed for both software and real estate business, hence it is not possible to report segment assets and liabilities.

4) In opinion of the management there is no contingent liabilities as on 31st March 2011.

5) As per managements view none of the current employees shall complete their term of service of five years, hence actuarial valuation of gratuity is not done.

6) There is no outstanding dues of micro and small enterprises suppliers as defined under The Micro, Small and Medium Enterprises Development Act, 2006.

7) Previous years figures have been regrouped / reclassified / rearranged / recast wherever necessary to match with current years presentation.

8) Quantitative details - N.A.

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Mar 31, 2010

1. CONTIGENT LIABILITIES:

There are no Contingent liabilities as perceive by the management.

2. The company has investment of Rs. 9,73,355/- in quoted shares and unquoted Shares. The investments are valued at cost. The valuation of Investment has melt down. There is no Provision for the probable loss that may arise since sameis considered as to be temporary in nature. The company has sold during the year shares of Dhoot Industries Limited to Total investments Pvt. Ltd. at cost i.e. Rs. 26,48,303/- The shares of the same are suspended.

3. TAXATION:

Deferred Taxation: The Company has accounted for deferred tax in accordance with accounting standard-22 "Accounting for Taxes on Income issued by the council of the Institute of Chartered Accountants of India.

4. RELATED PARTY TRANSACTIONS; Associates: Zenu Infotech Limited

Annanaya Enterprises Pankaj Dhoot HUF P.C.Dhoot HUF Total Investments P. Ltd.

Key Management Personnel Padamchand Dhoot

Pushpadevi Dhoot Pankaj Dhoot Anuradha Dhoot Pankaj Dhoot

5. SEGMENT REPORTING (Accounting Standard17)

The company operates under single business segment of Granites sales& rest major income is Interest.

6. Thereis no earning in Foreign Exchange nor any expenditure in Foreign Exchange.

7. There are no Sundry Creditors at the end of the year who has registered as Small Scale Industries. Hence relevant information is not applicable.

8. Previous year figures have been regrouped, rearranged and recosted to correspond the figures of the current year.