About Dass Gupta & Associates Chartered Accountants

q  B-4, Gulmohar Park New Delhi – 110 049

q  Telephone: +91-11-46111000 Fax : +91-11-46111099

q Email: admin@dassgupta.com q Email : raaja@dassgupta.in Mobile : 9810689998 , 9811914214 9999960444

ICAI’s FRN : 000112N

RBI’s UCN : 100823

Dass Gupta & Associates v  India wide presence 60 10+ 100+ Number of Affiliates More than10 partners Number of employees in India and directors in India and Staff in India

v Dass Gupta & Associates, Chartered Accountant, (DG&A) came into existence in 1971 and since than has expended its presence as well as wide array of services across Indian as well as global Accounting Market. v  DGA founded by Mr. N.D. Gupta (Ex-President ICAI ) is well supported by team of experts in various fields to collectively insure both quality and delivery within an ambiance of warm client relationship. v  It primarily provides Assurance, Risk Advisory, Corporate Advisory and Tax Advisory Services. . v  DGA has adequate infrastructure to handle all types of jobs, assignments and positions.

v  DGA assurance practice has been successfully reviewed for quality by ICAI, SEBI, CAG & Income Tax Department.

DG&A

Mr. N.D. Gupta, Team Leader

§  President- Institute of Chartered Accountants of India (2001-02) .

§  Board Member, International Federation of Accountants, USA (2001-2004) (First Indian to be elected on Board of International Federation of 164 regulatory accounting bodies of 116 countries)

§  Board Member, International Accounting Standards Committee (2000) (presently known as International

Accounting Standards Board (IASB) which pronounces IFRS & IPSAS)

§  Chairman of Working Group to identify Gaps in compliance by scheduled banks of Accounting Standards constituted by RBI. (2002-03). Directions of the Working Group led to compliance of Accounting Standards by all Scheduled Banks in India.

§  Authored in 2005 First in India, book on “Indian Accounting Standards IFRS, US GAAP Comparison” published by British Publishers LexisNexis Butterworth. §  Member on the Board of Insurance Regulatory & Development Authority (2001) (pioneered rules for auditing by private sector Insurance companies) §  Member of the National Advisory Committee on Accounting Standard (NACAS) constituted by Ministry of Corporate Affairs, Government of India (2001).

DG&A

DGA- Wide Functional Experience

Audit & Assurance Services ü  Statutory audit services ü  Internal audit services ü  Information security audit and computer auditing services ü  Monitoring of project funds (End use) ü  Due Diligence Review

Accounting Reforms & Capacity Building ü  Implementation of accrual based system in ULB’s ü  Accounting System reviews, manuals for implementation of ERP’s. ü  Process Re-engineering ü  Reviews & Investigations for Regulatory Bodies viz. CBDT, SEBI, IRDA etc.

Risk & Corporate Advisory ü  Cross border transaction advisory services ü  General transaction support ü  Fund syndication ü  Private Equity Support & syndication ü  Financial restructuring

Tax Advisory Services ü  Strategic tax planning for direct and indirect taxes ü  Representation before assessing and appellate authority ü  Regulatory compliances and support ü Transfer pricing studies

DG&A

Statement of Practice : Direct Tax Practice

Representation before regulatory authorities i.e. Assessing & Appellate authorities upto ITAT, Settlement Commission v  Foreign Companies; v  Public, Private and Listed Corporate; v  Public Sector Enterprises; v  Public Charitable Trust, Societies & Government regulatory bodies; v  Firms and AOPs v  High Net worth Individual & HUFs. Transfer Pricing Studies, Tax Audit, Strategic Planning for M&A and Export opinions ( to a name a few ) v  Brahma Capital Advisory Services Private Limited v  Samsung C&T India Private Limited v  Hyundai Engineering & Construction Co Limited. v Daewoo International Corporation Pvt Ltd

DG&A

Statement of Practice Due Diligences; Valuations; Mergers;

§  Due Diligence of Asset Care & Reconstruction Enterprise Ltd.(IFCI Subsidiary) on behalf of SSG Capital Management Hongkong Ltd, Hongkong

§  Deal Intermediary on behalf of DARCL Ltd for private equity infusion by IDFC Ltd §  Deal Intermediary on behalf of SMC Global Securities Ltd for Private Equity infusion by Millennium India

Acquisition Company, USA §  Valuation of Fixed Assets & verification of debtors of Dakshinnachal Vidhyut Vitran Nigam Ltd, UP §  Due diligence & Valuation of Krish Buildtech Private Ltd (189.36 acre land township in Gurgaon) for

Brahma Opportunities A Ltd, Mauritius. §  Valuation of Equity share of Brahma Center Development Pvt Ltd (FDI Commercial Development) on

behalf of Brahma Opportunities D Ltd, Mauritius §  Valuation of American Express Services India Ltd. for fresh issue of equity shares to foreign collaborator. §  Valuation of Equity shares of Panheber Biotech Pvt Ltd on behalf of Panacea Biotech Ltd. for transfer of

share holding. §  Due diligence & Valuation of Gajraj Commercial Pvt Ltd (ND-SI NBFC) on behalf of Brahma Neptune

Asian Mezzanine Ltd (Mauritius). §  Valuation of shares of Samsung C&T Corporation (I) Pvt Ltd on behalf of Samsung C&T Corporation

(South Korea) §  Valuation of Daewoo International Corporation India (P) Ltd. on behalf of Daewoo International

Corporation. South Korea §  Due Diligence of DLF Panchkula Housing (I) Pvt Ltd on behalf of Brahma Investments (I) Ltd, Cyprus. (Indicative list of assignments successfully performed in captioned practice area )

DG&A

Statement of Practice : Special Audit u/s. 142(2A)

Conducted Special Audits u/s. 142(2A): v  Unitech Ltd. (A/Y 2009-10 & 2010-11) v  Dharampal Satyapal Ltd. ( A/Y 2004-05, 2005-06, 2006-07, 2007-08, 2008-09, 2009-10,

2010-11 & 2011-12 ) v  Sahara India Financial Corp. Ltd. ( A/Y 2006-07 & A/Y 2010-11 ) v  Sahara Airlines Ltd. (Now Known as Jet-lite India Limited) ( A/Y 2005-06) v  Consulting Engineering Services India Pvt. Ltd. ( A/Y 2009-10 ) v  Asian Cans Industries Ltd. v  Golden Forest India Ltd. v  Radhika Creation Pvt Ltd. v  A1 chemist Ltd. v  Jaggi & Co. ( Block Period ) v  Jaggi Bros Apple Company ( Block Period ) v  Jaggi Apple Sales Corporation ( Block Period ) v  JAC Enterprises ( Block Period ) v  Tans Asia Packaging Ltd. Asian Closure Ltd. v  P.S. Bedi & Co.

DG&A

Statement of Practice : Audits

Insurance Company A) Statutory Audits Ø  LIC of India Ø  IDBI Federal Life Insurance

Company Limited B) Investment Audits Ø  Max New York L i f e

Insurance Co. Ltd. Ø  I f f c o T o k y o G e n e r a l

Insurance Co. Ltd. Ø  Oriental Insurance Co. Ltd. Ø  SBI Life Insurance Co. Ltd. Ø  ICICI Lombard General

Insurance Co. Ltd.

Risk Based Internal Audits Ø  Panacea Biotec Limited Ø  ITC Limited (Food Division) Ø  Pawan Hans Limited Ø  Hero Moto Corp Limited Ø  Lufthansa Technik Services India

Pvt. Ltd. Ø  Smiths Detection Veecon Systems

Pvt. Ltd. Ø  Heritage Foods Ltd.

DG&A

Statement of Practice : Medical Sector

v  Panacea Biotec Ltd v Maharaja Agersen Hospital , Punjabi Bagh v  Society of Unique Hospital & Research Center v  Hindurao Hospital v  Swami Dayanand Hospital v  Rajan Babu Tuberculosis Hospital v  Kasturba Gandhi Hospital v Girdhari Lal Maternity Hospital v Maharashi Valmiki Infectious Disease Hospital

* List is indicative * List is not exhaustive

The firm has experience of Audit & Assurance of Health & Medical Sector * :- :

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Statement of Practice : N.B.F.C.

Residuary NBFC – Deposit taking v  Sahara India Financial Corporation Ltd

(one of largest in India with Rs.12000 crores of public deposits)

100% FDI Systematically Important (SI) Non Deposit (ND) NBFC

v  Gajraj Commercials Pvt Ltd

Listed NBFC -ND- Loan v  Ashoka Commercials Ltd v  AGR Investments Ltd v  KV Foundations India Ltd * List is not exhaustive

Non Listed Public NBFC – ND-Loan v Jindal Credit & Investment Ltd

Private Limited - Core Investment Co. (CIC) – ND – SI v Prism International Pvt Ltd

Private Limited –ND- Loan v Thompson Bharat Pvt Ltd v Aganall Holdings Pvt Ltd v Money Growth Investment & Consultants Pvt Ltd v Navilen Merchants Pvt Ltd

Private Limited – ND- Investment v Siddharth Utilities Pvt Ltd

The firm has experience of statutory audits, internal audits, regular Reserve Bank of India (RBI) regulations compliance , RBI Inspection, Income Tax Assessment and RBI & FIPB approvals for the below mentioned NBFC clients* :

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Statement of Practice : Education Sector.

University Statutory Audit v  JP Institute of Information

Technology, Deemed University of Government of India, Noida, UP

v  JP University of Information Technology, Govt. of Himachal Pradesh.

v  JP University of Engineering & Technology, Govt. of Madhya Pradesh

Internal Audit : v  Vivekananda Institute of

Professional Studies, GGSIP University, Delhi

* List is not exhaustive

Schools Statutory Audit : v Jaypee Public School , Noida v Jaypee Public School, Greater Noida v Jay Jyoti School , MP v Sardar Patel Uchchatar Madhyamik Vidyalaya, Gujarat v Sadar Patel Prathmik Vidhyalay , Gujarat v Jaypee Vidya Mandir , UP v Shri M Gopal Rao Industrial Training Institute , MP v Jaypee Industrial Traning Center , HP v Sher Singh Harswaroop Vidyalya , MP v Jaypee Polytechnic & Tng Center, MP v Lower Siang Industrial Training Center, Arunachal Pradesh

Internal Audit : v  Ambience Public School, Delhi v Amrita Vidayalayam, New Delhi ,

The firm has experience of Audit & Assurance of schools, colleges & universities :- :

DG&A

Statement of Practice : Indirect Taxes

Major Clients handled v  Hero Motocorp Ltd v  Maruti Udyog Ltd v United Colors of Benetton v Minda Industries Ltd v Alcatel Lucent Ltd v ITC Ltd v Samsung Engineering & Construction Co Ltd v Samsung C&T Corporation India Pvt Ltd v  Daewoo International Corporation Pvt Ltd v Hyundai Engineering & Construction Co Ltd v Rotec Industries Inc v Gateway Rail Freight Ltd v Delhi Assam Roadways Corporation Ltd

§  Indirect Tax Services VAT ,CST & Service Tax Matters : v  VAT & Service tax assessment v  Appeal before Commissioner (A) &

Appellate Tribunal v  Regular consultancy v  Independent Service tax & Sales

Tax audit v  Refund claims and associated

certificates v  Liaisoning with Sales Tax &

Service Tax department

DG&A

Statement of Practice : Audit & Assurance Services

Private Sector v Orchid Infrastructure Developers Pvt Ltd v Hero Motocorp Ltd v Maruti Udyog Ltd v United Colors of Benetton v Minda Industries Ltd v Alcatel Lucent Ltd v ITC Ltd v Samsung Engineering & Construction Co Ltd v Samsung C&T Corporation India Pvt Ltd v  Daewoo International Corporation Pvt Ltd v Hyundai Engineering & Construction Co Ltd v Rotec Industries Inc

§  Audit & Assurance Services Government & Public Sector : v  Reserve Bank of India v  Securities & Exchange Board of

India v  Income Tax Department v  Municipal Corporation of Delhi v  South Delhi Municipal Corporation v  North Delhi Municipal Corporation v  Indian Oil Ltd v  NTPC Ltd v  Indian Airlines Ltd v  State Bank of India v  Allahabad Bank Ltd v  UCO Bank Ltd

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DGA - Partners

S.No. Name Mem. No. Associated with firm since

1 Mr. N D Gupta 11400 45 years 2 Mr. Krishan Kumar Gupta 81222 37 years

3 Mr. Naresh Kumar 82069 35 years 4 Mr. Suresh Kumar Jindle 82943 33 years 5 Mr. Atul Gupta 88245 27 years 6 Mr. Naveen ND Gupta 93777 20 years 7 Mr. Rakesh Gupta 94040 20 years 8 Mr. Ashok Kumar Jain 90563 19 years 9 Mr. Pankaj Mangal 97890 15 years

10 Mr. Anand Kumar Gupta 13870 12 years 11 Mr. Gaurav Gupta 503165 11 years 12 Mr. Raaja Jindle 504111 11 years

DG&A

DGA- Industry Wide Exposure §  Oil Exploration & Refinery

§  Insurance & Banking

§  Steel

§  Cement §  Hospitality

§  Education

§  Pharma & Healthcare

§  Automobiles

§  Glass & Accessories

§  Logistics

§  Aviation

§  Telecommunication

§  Power

§  IT & ITES §  Real Estate & Infrastructure

§  Private Equity & Research

§  Sports

§  Chemicals & Brewery

§  Non-Banking Finance Company

§  Urban Local Bodies & PSU’s

DG&A

DGA Approach: In-depth Business knowledge & capabilities

Latest Technology

Ø Multidisciplinary team of professionals

Ø  Dedicated, responsive team with significant experience

Ø  Multiple successful engagements across [the various] industries

Ø  Proven track record of delivering complex, cross border assignments

Ø  Breadth of service

Ø  We have deep situational, functional and industry experience drawn from the AGN network

Ø  We possess multi-jurisdictional coverage for key territories

Ø  We possess first-class credentials across the full range of transaction related services

Value of Experience

A Targeted Approach

Depth of Resources

A global Landscape

DG&A

DGA Assurance & Audit Approach:

DG&A

DGA religiously followed Ø Standards on Auditing relating to

§  General Principles & Responsibilities , §  Risk Assessment and Response to Assessed Risks §  Audit Evidence § Using work of others § Audit Conclusion & Reporting § Specialised Areas

Ø Standards on Review Engagements Ø Standards on Assurance Engagements Ø Standards on Related Services Ø Accounting Standards issued by ICAI Ø Guidance Notes issued by ICAI

DGA Credentials

DG&A

DGA Credentials

DG&A

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