KS BHANDARI &ASSOCIATES A CHARTERED ACCOUNTANTS FORM-5 (See Regulation 4) ANNUAL REPORT ON STATEMENT OF ACcoUNTS CHARTERED ACCOUNTANT'S CERTIFICATE To, Mr Ajay bang and Mr Sanjay Bang Partner at Shri TirupatiCorporations Subject : Report on Statement of Accounts on project fund deposit, utilization and withdrawal by Shri Tirupati Corporations for the period from 01/04/2022 to 31/03/2023 with respect to MahaRERA Regn. Number P51000013954 vide project titled as Tirupati-2 This certificate (annual report) is issued in accordance with the provisions of the Real Estate ( Regulation &Development ) Act, 2016 read along with the Maharashtra Real Estate (Regulation &Development )( Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and Disclosures on Website ) Rules 2017. We have obtained all necessary information and explanation from the promoter, during the course of our audit (review), which in our opinion are necessary for the purpose of this certificate subject to pointD. We hereby confirm that we have examined the prescribed register, books and documents., and the relevant records of Shri TirupatiCorporations for the period ended 31/03/2023 and hereby certify that Particulars Amount Rs. Sr.No For this Fiscal Year Total for this project till date Deposits: 1 Total amount collected from Allottees 0.00 2.28,63.,000.00 2 % of amount to be deposited as per the Act 70% 70% A 3 Amount to be deposited as per the Act (1*2) 0.00 1,60,04,100.00 Total amount deposited in the designated bank Account 0.00 0.00 % of amount deposited in the designated bank Account (4/1*100 ) 0% 0% 6 Shortfall / Excess Deposit ( 3-4 ) 0.00 1,60,04,100.00 Note 1 Amount collected / deposited at Sr. No. 1 &2, shall not include pass through charges and indirect taxes. Has the required proportion of money collected from the allottees of the project units, as specified in the act, deposited in the designated RERA bank account ? -YES 3 If no please mention the amount not deposited -NA M No. 1-8537 2 4IRA J43009 IW ecounte Hall 1, First Floor, Sai Govinda, Near Naik Chowk, Pusad - 445204 +91 9673857311 kanhaiya@caksb.co. in Bang Heights, Main Road, Digras - 445203 KS BHANDARI&ASSOCIATES A CHARTERED ACCOUNTANTS Sr.No Particulars Amount Rs. For this Fiscal Year Total for this project tíll date Withdrawals : NA 1 Opening Balance of designated bank account 0.00 R Total Deposits 0.00 2,28,63,000.00 Total Amount withdrawn 0.00 131,55,777.00 1 Closing Balance 0.00 NA As specified in the act, all the amounts withdrawn during the year from RERA bank account were within the withdrawal limit as specified under the relevant form 1, form 2 and form 3 issued during the reporting period ? -NA If No, Please provide the below details - NA Amount of excess withdrawals Sr. No. Date of withdrawal NA Utilisation : We certify that Shri Tirupati Corporations has utilized the amount withdrawn from designated bank account towards project cost only, as specified in the act subject to para. D If No, Please provide the below details - NA Amount not utilized for the proiect cost Sr. No. Date NA Any qualification /obsevations by CA : Sr. No. lQualification /Observation Certification issued under capacity of Chartered Accountant requires evaluation of the data. Certain degree of reliance has to be 1 kept upon the data provided by the clients and certification is subject to same. Vide Circular No 07/2017 dated 04th July 2017 bearing File No MahaRERA/Secy/File No 27/115/2017, Maharashtra Real Estate 2 Regulatory Authority has clarified that, there is no end use restriction on the amount which is withdrawn from separate account, in accordance with the provisions of the Act, Rules, Regulations and circulars. Certificate is issued accordingly During the year, there are no receipts from any Allottees and Assessee has not openend RERA designated bank account. Thus 3 openeing and closing balance is marked as NA. However total receipts and deposits in separate bank account till date are reported and there are not transaction in the account during the FY 22-23 4 For detailed comments refer Annexure 1 which is integaral part of this form and also past form 5 Yours faithfully, . KSBhanan Name & Signature of the Chartered Accountant CA Kanhaiya Bhandari M. No. 17RS37 FRS.1450U9 1 Membership No:178537 UDIN: 23178537BGWJVU3699 Date 18-09-2023 Agreed & Accepted by Ajay Bang Sanjay Bang SHRI TIRUPATI CORPORATIO Date 18-09-2023 Place Pusad Pertner Hall 1, First Floor, Sai Govinda, Near Naik Chowk, Pusad - 445204 +91 9673857311 kanhaiya@caksb.co.in Bang Heights, Main Road, Digras - 445203