j. Provisions, Contingent Liabilities and Contingent Assets

Provisions involving substantial degree of estimation in measurement are recognized when
there is a present obligation as a result of past events and it is probable that there will be an
outflow of resources. Contingent Liabilities are not recognized but are disclosed in the notes
after careful evaluation by the management of the facts and legal aspects of the matters
involved. Contingent Assets are neither recognized nor disclosed in the financial statements.

k. Other Notes:

l. The Company has sent communications for identifying the suppliers who qualify under the
definition of micro and small enterprises, as defined under the Micro, Small and Medium
Enterprises Development Act, 2006. Based on the intimation received from the suppliers
regarding their status under the said Act, disclosures relating to amounts unpaid as at the
year end, if any, have been furnished.

Interest on delayed payments provided during the year amounts to Rs. 77,758/-.

2. Balances of Trade Receivables, Payables and Advances are subject to confirmation /
reconciliations, if any. The management does not expect any material difference affecting
the financial statements consequent to such reconciliation / adjustments. In the opinion of
the management, current assets, loans and advances have a value on realization in the
ordinary course of business at least equal to the amount at which they are stated in the
balance sheet.

3. In the opinion of Board of Directors, the Current Assets Loans and Advances are
approximately of the same value if realized in the ordinary course of business and the
provisions of all known liabilities are adequate.

4. All known and undisputed claims and liabilities where there is a present obligation as a
result of past events and it is probable that there will be an outflow of resources, have been
duly provided for. The Contingent Liabilities and Commitments are as under:

5. Amounts in the financial statements

Amounts in the financial statements are reported in Indian Rupees. Figures in brackets
indicate negative values.

6. Goods and Service Tax liability is subject to GST Annual Returns.

1. Details of Benami Property Held

There are no proceedings initiated or pending against the company for holding Benami
property under the Benami Transactions (Prohibition) Act,1988 (45 of 1988) and the rules
made there under as on 31^st March, 2024.

2. Willful Defaulter

The company has not been declared willful defaulter by any bank or financial institution or
other lender as on 31^st March, 2024.

3. Compliance with number of layers of companies

The company has complied with the number of layers prescribed under clause (87) of
section 2 of the Act read with Companies (Restriction on number of layers) Rules, 2017.

4. Relationship with Struck Off Companies

The Company has no transactions with companies struck off under Section 248 of the
Companies Act, 2013 or section 560 of Companies Act, 1956 as on 31^st March, 2024.

5. Details of crypto currency or virtual currency

The company has not traded or invested in crypto currency or virtual currency during the
financial year.

6. Undisclosed Income

The Company does not have undisclosed income which is not recorded in the books of
account that has been surrendered or disclosed as income during the year (previous year) in
the tax assessments under the Income Tax Act, 1961.

7. No Significant subsequent events have been observed which may require an adjustment to
the financial statements.

8. Previous year comparatives

Previous year's figures have been regrouped/ rearranged wherever considered necessary to
make them comparable with those of current year.

For CMRS & Associates LLP For and behalf of the Board of Directors of

Chartered Accountants 3CIT SOLUTIONS & TELECOMS (INDIA) LIMITED

FRN.: 101678W/W100068

Sd/- Sd/- Sd/-

CA Rishi V. Lodha Ran jit Mayengbam Gangarani Mayengbam

(Partner) (Chairman & (Director & CFO)

Membership No.: 135610 Managing Director)

Place: Pune DIN: 06929013 DIN: 0709316

UDIN: 24135610DKCANB7181 Place: Pune Place: Pune

Date: 31-08-2024 Date: 31-08-2024 Date: 31-08-2024

Sd/-

Laxmi Tiwari
(Company Secretary &
Compliance Officer)
Place: Pune
Date: 31-08-2024