Utilization of Funds Certificate
Date: ___________
To Whomsoever It May Concern,
This is to certify that based on the examination of the books of account, bank statements, supporting documents, records and other relevant information of M/s __________________________ (the “Entity”), having PAN/CIN: __________ and Registered Office at __________________________________, and according to the information and explanations provided by the management, the funds amounting to INR __________ have been utilized as per the details given below:
DETAILS OF UTILIZATION OF FUNDS
| Sr. No. | Particulars | Amount (INR) |
| 1 | Purchase of Fixed Assets | __________ |
| 2 | Capital Expenditure (Project/Expansion) | __________ |
| 3 | Working Capital Requirements | __________ |
| 4 | Repayment of Loans | __________ |
| 5 | Investment in Subsidiaries/Other Entities | __________ |
| 6 | Administrative & General Expenses | __________ |
| 7 | Statutory Payments (Taxes, Duties, etc.) | __________ |
| 8 | Other Expenses (specify) | __________ |
| Total Utilization | __________ |
SOURCE VS UTILIZATION (SUMMARY)
| Particulars | Amount (INR) |
| Total Funds Received | __________ |
| Total Funds Utilized | __________ |
| Unutilized Balance (if any) | __________ |
Notes:
- The above utilization has been verified with reference to the books of account, bank statements, and supporting documents made available to me/us.
- I/We have relied upon the information and explanations provided by the management and have not carried out an independent investigation of each transaction beyond the documents produced.
- This certificate does not constitute an audit or assurance of the financial statements.
- This certificate is issued at the specific request of the Entity for the purpose of __________________ (e.g., loan compliance, grant utilization, investor reporting) and should not be used for any other purpose without my/our prior written consent.
Place: ___________
For __________________________
(Chartered Accountants)
(Firm Registration No.: __________)
Signature: ____________________
Name of Partner/Proprietor: ____________________
Membership No.: __________
UDIN: _______________________
