About Dass Gupta & Associates Chartered Accountants

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1 ICAI s FRN : N RBI s UCN : About Dass Gupta & Associates Chartered Accountants B-4, Gulmohar Park New Delhi q Telephone: Fax : q admin@dassgupta.com q raaja@dassgupta.in Mobile : ,

2 Dass Gupta & Associates v India wide presence 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.

3 Mr. N.D. Gupta, Team Leader President- Institute of Chartered Accountants of India ( ). Board Member, International Federation of Accountants, USA ( ) (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. ( ). 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).

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

5 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

6 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 ( 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 )

7 Conducted Special Audits u/s. 142(2A): v Unitech Ltd. (A/Y & ) Statement of Practice : Special Audit u/s. 142(2A) v Dharampal Satyapal Ltd. ( A/Y , , , , , , & ) v Sahara India Financial Corp. Ltd. ( A/Y & A/Y ) v Sahara Airlines Ltd. (Now Known as Jet-lite India Limited) ( A/Y ) v Consulting Engineering Services India Pvt. Ltd. ( A/Y ) 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.

8 Statement of Practice : Audits Insurance Company A) Statutory Audits Ø LIC of India Ø IDBI Federal Life Insurance Company Limited B) Investment Audits Ø Ø Ø Ø Ø Max New York Life Insurance Co. Ltd. Iffco Tokyo General Insurance Co. Ltd. Oriental Insurance Co. Ltd. SBI Life Insurance Co. Ltd. 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.

9 Statement of Practice : Medical Sector The firm has experience of Audit & Assurance of Health & 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

10 Statement of Practice : N.B.F.C. 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* : Residuary NBFC Deposit taking v Sahara India Financial Corporation Ltd (one of largest in India with Rs 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 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 * List is not exhaustive Private Limited ND- Investment v Siddharth Utilities Pvt Ltd

11 Statement of Practice : Education Sector. The firm has experience of Audit & Assurance of schools, colleges & universities :- : 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 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,

12 Statement of Practice : Indirect Taxes Indirect Tax Services Major Clients handled 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 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

13 Statement of Practice : Audit & Assurance Services 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 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

14 DGA - Partners S.No. Name Mem. No. Associated with firm since 1 Mr. N D Gupta years 2 Mr. Krishan Kumar Gupta years 3 Mr. Naresh Kumar years 4 Mr. Suresh Kumar Jindle years 5 Mr. Atul Gupta years 6 Mr. Naveen ND Gupta years 7 Mr. Rakesh Gupta years 8 Mr. Ashok Kumar Jain years 9 Mr. Pankaj Mangal years 10 Mr. Anand Kumar Gupta years 11 Mr. Gaurav Gupta years 12 Mr. Raaja Jindle years

15 Logistics Urban Local Bodies & PSU s DG&A DGA- Industry Wide Exposure Oil Exploration & Refinery Aviation Insurance & Banking Telecommunication Steel Power Cement IT & ITES Hospitality Real Estate & Infrastructure Education Private Equity & Research Pharma & Healthcare Sports Automobiles Chemicals & Brewery Glass & Accessories Non-Banking Finance Company

16 DGA Approach: In-depth Business knowledge & capabilities A global Landscape Ø Multidisciplinary team of professionals Ø Dedicated, responsive team with significant experience Depth of Resources Value of Experience Latest Technology A Targeted Approach 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

17 DGA Assurance & Audit Approach: 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

18 DGA Credentials

19 DGA Credentials

20 Thank You