(i) Provision for Current Tax & Deferred Tax

Provision for income tax is made on the basis of estimated taxable income for the year at current rates.Tax expenses
comprises of Current Tax, and Deferred Tax at applicable enacted or substantively enacted rates. Current Tax
represents the amount of Income Tax payable/recoverable in respect of the taxable income/loss for the reporting
period. Deferred Tax represents the effect of timing difference between taxable income and accounting income for the
reporting period that originates in one period and are capable of reversal in one or more subsequent periods. The
Deferred Tax asset is recognized and carry forward to the extent that there is a reasonable certainty that the assets will
be realise in future. However, where there is unabsorbed depreciation or carry forward loss under taxation laws, deferred
tax assets are recognized only if there is a virtual certainty of realisation of assets.

(j) Investments

Company's Investments are Non-Current Investments in nature being Investment in Subsidiary Company. Non-Current
Investments are stated at cost. A provision for diminution in the value of Investments is made for each investment
individually if such decline is other than temporary.

(k) Current Assets, Loans and Advances & Liabilities

In the opinion of the Board of Directors, the Current Assets, Loans and Advances and Current Liabilities are approximately
stated if realized in the ordinary course of business. As no confirmatory letters were submitted from Debtors and Creditors,
their balances are reflected in the Balance Sheet as appearing in the books. The provisions for all other liabilities is
adequate and not in excess of the amount reasonably necessary.

(l) Regrouping of Previous Year figures

The previous year's figures have been reworked, regrouped, rearranged and reclassified wherever necessary. Amount
and other disclosures for the preceding year are included as an integral part of the current year financial statements and
are to be read in relation to the amounts and other disclosures relating to the current year.

FOR & BEHALF OF Board of Directors of

AS PER OUR REPORT ON EVENDATE

PARIN ENTERPRISES LIMITED

(Formerly known as Parin Furniture Limited0 M/S. BHAVIN ASSOCIATES

_{Sd/- Sd/-} CHARTERED ACCOUNTANTS

Firm Registration No.:101383W

Parin U Nandani Deven D Nandani

(WTD) DIN: 02343309 (Director): DIN: 07576542

Sd/-

Sd/- Sd/- Bhavin P.Bhansali

Alpa Jogi Binika Chudasama Partner

(CFO) (CS)- MEBERSHIP NO: 39841 Mem. No.043796

UDIN : : 25043796BMIQSU9690

Place: Rajkot
Date: 09/05/2025