Saril Shah & Associates CA Chartered Accountants 129/130, Abhyankar Towers, M. G. Road, Nashik - 422 001 Phone: (0253) 2571402, Enmail: sarilshah @gmail. com FORM 5 ANNUAL REPORT STATEMENT OF ACCOUNTS Date: 20/07/2023 To, KSHITIJ BUILDERS AND DEVELOPERS Gaddam Plot, Opposite Chandak Mangal Karyalaya, Akola - 444001 Subject: Report on Statement of Accounts on Project Fund Deposit, Utilisation and Withdrawal by KSHITIJ BUILDERS AND DEVELOPERS for the period from 17/01/2023 to 31/03/2023 with respect to MahaRERA Number P51600048765. 1. This Certificate is issued in accordance with the provisions of Real Estate (Regulation and Development) Act, 2016 read along with the Maharashtra Real Estate (Regulation and Development) (Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and Disclosures on Website) Rules, 2017. 2. We have obtained all necessary information & explanation from the Promoter, during the course of our Audit, which in our opinion are necessary for the purpose of this certificate. 3. We hereby confirm that we have examined the prescribed Registers, Books & Documents, and the relevant records of KSHITIJ BUILDERS AND DEVELOPERS for the period ended 31/03/2023 and hereby certify that: A. DEPOSITS For this Fiscal Year Total for this Project (In Rupees) tilldate (In Rupees) 1 Total amount colected from allottees %of amount to be deposited as per Act 70% 70% 3 Amount to be deposited as per Act (1*2) Total amount deposited in the Designated Bank Account 5 %of Amount deposited in the Designated Bank Account [(4) / (1) * 100] 6 Shortfall / Excess Deposit (3-4) M&L07 , HS Saril Shah & Associates A Chartered Accountants 129/130, Abhyankar Towers, M. G. Road, Nashik - 422 001 Phone: (0253) 2571402, Email: sarilshah @gmail. com Amount collected/deposited at Sr. No. 1 &2, shall not include pass through charges &indirect taxes. Has the required proportion of the money collected from allottees of the project units, as specified inthe Act, deposited in the Designated RERA Bank Account? - No money is received from allottees for the period under consideration. If No, then please mention the amount not deposited B WITHDRAWALS For this Fiscal Year Total for this Project (In Rupees) till date (n Rupees) 1 Opening balance of Designated Bank Account |w 2 Total Deposits 2,500 2,500 Total Amount Withdrawn 295 295 4 Closing Balance 2,205 2,205 As specified in the Act, all the amounts withdrawn during the year from RERA Bank Account were within the withdrawal limit as certified under the relevant Form 1, Form 2, and Form 3 issued during the reporting period? - Yes If no please provide the below details S. No. Date of withdrawal Amount of Excess Withdrawals C. UTILISATION We certify that, KSHITIJ BUILDERS AND DEVELOPERS has utilised the amounts withdrawn from the Designated Bank Account towards Project Cost only, as specified in the Act. If no please provide the below details S. No. Date Amount not utilised for Project Cost D. ANY QUALIFICATIONS OBSERVATIONS OF CA The money deposited in Rera Designated Account is on account of Cashdeposit for açcount opening and corresponding Bank Charges are levied by the bank. FRNO 142018W ARTEREU Saril Shah & Associates A Chartered Accountants 129/130, Abhyankar Towers, M. G. Road, Nashik 422 001 Phone: (0253) 2571402, Email: sarilshah @gmail.com Yours Faithfully, For SARIL SHAH & ASSOCIATES Chartered Accountants FRN: 142018W AS OCZ! FR No 142018N RTERED ACCO SARIL SHAILESH SHAH Proprietor Membership No.: 169759 UDIN: 23169759BGZIEC9292 Agreed and Accepted by: Signature of Promoter Name: KSHITIJ BUILDERS AND DEVELOPERS Proprietor: MR. DINESH KRUSHNARAO DHAGE Date: 20/07/2023