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Net Worth Certification for Shinde Family

Mr. Vinay Totla, an Associate Member of the Institute of Chartered Accountants of India, has certified the net worth of Mr. Kishore Ashok Shinde and his spouse as of January 17, 2013. Their total assets are worth Rs. 1.70 crore, which includes two flats worth Rs. 1.15 crore and bank balances and investments of Rs. 55.29 lakh. After deducting an outstanding housing loan of Rs. 23 lakh, their certified net worth is Rs. 1.47 crore.

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Vinay Totla
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43 views2 pages

Net Worth Certification for Shinde Family

Mr. Vinay Totla, an Associate Member of the Institute of Chartered Accountants of India, has certified the net worth of Mr. Kishore Ashok Shinde and his spouse as of January 17, 2013. Their total assets are worth Rs. 1.70 crore, which includes two flats worth Rs. 1.15 crore and bank balances and investments of Rs. 55.29 lakh. After deducting an outstanding housing loan of Rs. 23 lakh, their certified net worth is Rs. 1.47 crore.

Uploaded by

Vinay Totla
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© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CA VINAY TOTLA

CERTIFICATE
I, Vinay Totla, Associate Member of the Institute of Chartered Accountants of India, do
hereby state that I have reviewed the financial condition of Mr. Kishore Ashok Shinde, S/o.
Sri Ashok Dadaji Shinde and his spouse, [Link] Kishore Shinde, W/o Mr. Kishore
Ashok Shinde, Both R/o Flat No 712, Rose quartz block, My Home jewel, Madinaguda,
Hyderabad and hereby certify that the networth position of Mr. Kishore Ashok Sinde and his
spouse as on 17th Jan 2013 is detailed below based on the perusal of agreements, documents,
bank statements, Fixed Deposit Receipts and information and explanations given to us –

[Link] DESCRIPTION AMOUNT


1 IMMOVABLE PROPERTIES (A)
a) Flat No 401, Dwarkamai Nilayam, Plot No 126, Motinagar, 45,00,000
Hyderabad – 500018 (Conservative Market value)
b) Flat No 712, Rose Quartz Block, My Home Jewel, madinaguda, 70,00,000
Hyderabad - 500049 (Conservative Market value)
TOTAL (A) 1,15,00,000

2 MOVABLE PROPERTIES (B)


a) Savings bank account balances 3,50,472
b) Savings bank account balance of spouse 2,52,695
c) Recurring bank account balances 9,36,281
d) Recurring bank account balance of spouse 3,96,094
e) Fixed deposit bank account balances 2,43,624
f) Fixed deposit bank account balance of spouse 2,78,179
g) PPF account balance as on date 12,06,796
h) PPF account balance of spouse as on date 8,28,350
i) National savings certificate of self 6,40,000
j) National savings certificate of spouse 3,97,000
TOTAL (B) 55,29,491

TOTAL ASSETS (A + B) 1,70,29,491


LESS:Outstanding Liabilities:
a) Outstanding Housing Loan 23,00,000
NETWORTH 1,47,29,491
(Rupees One crore Forty Seven lakhs twenty nine thousands and four ninety one
only)

Place : Hyderabad
Date: 17th Jan 2014

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