Arohan Financial Services Limited | Annual Report 2022-23

| 114 Annual Report | 2022-2023 Arohan Financial Services Limited Annexure A to Independent Auditors’ Report of even date on the Financial Statements of Arohan Financial Services Limited for the year ended March 31, 2023. (cont’d) viii. According to the information and explanations given to us, there are no transactions which are not accounted in the books of account which have been surrendered or disclosed as income during the year in Tax Assessment of the Company. Also, there are no previously unrecorded income which has been now recorded in the books of account. Hence, the provision stated in paragraph 3(viii) of the Order is not applicable to the Company. ix. (a) In our opinion and according to the information and explanations given to us, the Company has not defaulted in repayment of loans or borrowings or in payment of interest thereon to any lender. (b) According to the information and explanations given to us and on the basis of our audit procedures, we report that the Company has not been declared willful defaulter by any bank or financial institution or government or any government authority. (c) In our opinion and according to the information explanation provided to us, money raised by way of term loans during the year have been applied for the purpose for which they were raised. (d) According to the information and explanations given to us, and the procedures performed by us, and on an overall examination of the financial statements of the Company, we report that no funds raised on short-term basis have been used for long-term purposes by the Company. (e) According to the information explanation given to us and on an overall examination of the financial statements of the Company, we report that the Company has not taken any funds from an any entity or person on account of or to meet the obligations of its subsidiaries, associates, or joint ventures. (f ) According to the information and explanations given to us and procedures performed by us, we report that the Company has not raised loans during the year on the pledge of securities held in its subsidiaries, joint ventures or associate companies. Hence, reporting under the Clause 3(ix) (f ) of the order is not applicable to the Company. x. (a) In our opinion and according to the information explanation given to us, the Company did not raise any money by way of initial public offer or further public offer (including debt instruments) during the year. Hence, the provisions stated in paragraph 3 (x)(a) of the Order are not applicable to the Company. Name of the statute Nature of dues Amount Demanded Rs. (in Lakhs) Amount Paid Rs. (in Lakhs) Period to which the amount relates Forumwhere dispute is pending Income Tax Act, 1961 Income Tax 6.18 – AY 2012-13 Income Tax Appellate Tribunal Income Tax Act, 1961 Income Tax 22.89 22.88 AY 2014-15 Commissioner of Income Tax(Appeals) Income Tax Act, 1961 Income Tax 9.13 1.85 AY 2017-18 Commissioner of Income Tax (Appeals) Income Tax Act, 1961 Income Tax 3.10 – AY 2022-23 Commissioner of Income Tax (Appeals) Independent Auditor's Report