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27

Form number 10B

[See Rule 17B]

Audit Report under Section 12A(b) of the Income Tax Act, 1961,

in the case of charitable or religious trusts or institutions.

We have examined the Balance Sheet of

Atul Foundation Trust

, AADTA1885G as at

March 31, 2020 and the Profit and Loss account for the year ended on that date which

are in agreement with the books of account maintained by the said Trust or Institution.

We have obtained all the information and explanations which to the best of our

knowledge and belief were necessary for the purpose of the audit. In our opinion,

proper books of accounts have been kept by the head office and the branches of

the above named Trust visited by us so far as appears from our examination of the

books and proper returns adequate for the purpose of audit have been received from

branches not visited by us subject to the comments given below:

Nil

In our opinion and to the best of our information and according to the information given

to us, the said accounts give a true and fair view:

a) In case of the Balance Sheet of the state of affairs of the above named Trust as at

March 31, 2020

b) In case of the Profit and Loss account of the profit or loss of its accounting year

ending on March 31, 2020

The prescribed particulars are annexed hereto.

For B R Shah & Associates

Chartered Accountants

Firm registration number: 129053W

Deval Desai

Ahmedabad

Partner

July 1, 2020

Membership number: 132426