================================================================================


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB


[X]   Quarterly Report pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934

      For the quarterly period ended        December 31, 2006
                                            -----------------

[ ]   Transition Report pursuant to 13 or 15(d) of the Securities Exchange
      Act of 1934

      For the transition period                       to
                                    -----------------   --------------------

      Commission File Number      001-31669
                                  ---------

                                    TARI INC.
    ------------------------------------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)

         Nevada                                 98-03048905
 ---------------------------------      -----------------------------
 (State or other jurisdiction of        (IRS Employer Identification No.)
  incorporation or organization)

                         200 Burrard Street, Suite 1550
                   Vancouver, British Columbia, Canada V6C 3L6
                   -------------------------------------------
                    (Address of principal executive offices)

                                 (604) 685-3317
               --------------------------------------------------
               Registrant's telephone number, including area code

                                      None
     -----------------------------------------------------------------------
   (Former name, former address and former fiscal year, if changed since last
                                    report)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [X] Yes [ ] No

Indicate by check mark  whether the  registrant  is a shell company (as defined
in Rule 12b-2 of the Exchange  Act).  Yes [ X ]   No  [   ]



State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest  practicable date:  3,890,000 shares of $0.001 par value
common stock outstanding as of March 13, 2007.

<page>






                                    TARI INC.

                        (A Pre-exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                                December 31, 2006

                             (Stated in US Dollars)

                                   (Unaudited)
                                   -----------










<page>


                                    TARI INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                      December 31, 2006 and March 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)

<table>
<caption>
                                                                                   December 31,        March 31,
                                                     ASSETS                            2006               2006
                                                     ------                            ----               ----

                                                                                <c>                <c>
Current
    Cash                                                                         $            624   $            573
                                                                                 ================   ================

                                                    LIABILITIES
                                                    -----------
Current
    Accounts payable and accrued liabilities - Note 3                            $         43,575   $         32,892
    Advances payable                                                                        5,300                  -
    Due to related party - Note 3                                                          50,813             21,011
                                                                                 ----------------   ----------------

                                                                                           99,688             53,903
                                                                                 ----------------   ----------------

                                              STOCKHOLDERS' DEFICIENCY
                                              ------------------------

Preferred stock, $0.001 par value
           10,000,000  shares authorized, none outstanding
Common stock, $0.001 par value
          100,000,000  shares authorized
            3,890,000  shares issued                                                        3,890              3,890
Additional paid-in capital                                                                 93,845             90,610
Deficit accumulated during the pre-exploration stage                                     (196,799)          (147,830)
                                                                                 ----------------   ----------------

                                                                                          (99,064)           (53,330)
                                                                                 ----------------   ----------------

                                                                                 $            624   $            573
                                                                                 ================   ================
</table>




                             SEE ACCOMPANYING NOTES

<page>


                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
       for the three and nine months ended December 31, 2006 and 2005 and
       for the period May 2, 2001 (Date of Inception) to December 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                               May 2, 2001
                                                                                                                 (Date of
                                                 Three months ended                Nine months ended          Inception) to
                                                    December 31,                     December 31,              December 31,
                                               2006             2005             2006             2005             2006
                                               ----             ----             ----             ----             ----

                                         <c>             <c>               <c>             <c>               <c>
Expenses
    Audit and accounting fees             $        5,041  $        2,931   $        9,791   $        9,359   $       52,118
    Bank charges                                      48              43              153              161            1,185
    Consulting fees                                    -               -            5,000                -           20,500
    Incorporation costs                                -               -                -                -              900
    Interest expense - Note 3                      3,235               -            3,235                -            3,235
    Legal fees                                         -               -                -                -           30,768
    Management fees - Note 3                       1,500           1,500            4,500            4,500           15,000
    Mineral lease costs - Note 4                       -               -           21,172           10,217           48,637
    Office expenses                                1,200           1,200            3,600            3,600           12,386
    Transfer agent and filing fees                   556             229            1,518            1,181           12,070
                                          --------------  --------------   --------------   --------------   --------------

Net loss for the period                   $      (11,580) $       (5,903)  $      (48,969)  $      (29,018)  $     (196,799)
                                          ==============  ==============   ==============   ==============   ==============

Basic loss per share                      $        (0.00) $        (0.00)  $        (0.01)  $        (0.01)
                                          ==============  ==============   ==============   ==============

Weighted   average   number   of   shares
outstanding                                    3,890,000       3,890,000        3,890,000        3,890,000
                                          ==============  ==============   ==============   ==============
</table>



                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
             INTERIM STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIENCY)
      for the period May 2, 2001 (Date of Inception) to December 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                     Deficit
                                                                                                   Accumulated
                                                                                Additional         During the
                                                    Common Shares                 Paid-in        Pre-exploration
                                         ------------------------------------
                                              Number           Par Value          Capital             Stage              Total
                                              ------           ---------          -------             -----              -----

                                          <c>              <c>               <c>                <c>                <c>
Capital stock issued for cash
                        - at $0.01             2,500,000   $        2,500    $        22,500   $              -    $        25,000
Net loss for the period ended
 March 31, 2002                                        -                -                  -            (39,696)           (39,696)
                                         ---------------   --------------    ---------------   ----------------    ---------------

Balance, March 31, 2002                        2,500,000            2,500             22,500            (39,696)           (14,696)
Capital stock subscribed pursuant to
an offering memorandum for cash
                        - at $0.05             1,390,000            1,390             68,110                  -             69,500
Net loss for the year ended
 March 31, 2003                                        -                -                  -            (27,653)           (27,653)
                                         ---------------   --------------    ---------------   ----------------    ---------------

Balance, March 31, 2003                        3,890,000            3,890             90,610            (67,349)            27,151
Net loss for the year ended
 March 31, 2004                                        -                -                  -            (17,858)           (17,858)
                                         ---------------   --------------    ---------------   ----------------    ---------------

Balance, March 31, 2004                        3,890,000            3,890             90,610            (85,207)             9,293
Net loss for the year ended
 March 31, 2005                                        -                -                  -            (24,235)           (24,235)
                                         ---------------   --------------    ---------------   ----------------    ---------------

Balance, March 31, 2005                        3,890,000            3,890             90,610           (109,442)           (14,942)
Net loss for the year ended
 March 31, 2006                                        -                -                  -            (38,388)           (38,388)
                                         ---------------   --------------    ---------------   ----------------    ---------------

Balance, March 31, 2006                        3,890,000            3,890             90,610           (147,830)           (53,330)
Donated interest - Note 3                              -                -              3,235                  -              3,235
Net loss for the nine months
 ended December 31, 2006                               -                -                  -            (48,969)           (48,969)
                                         ---------------   --------------    ---------------   ----------------    ---------------

Balance, December 31, 2006                     3,890,000   $        3,890    $        93,845   $       (196,799)   $       (99,064)
                                         ===============   ==============    ===============   ================    ===============
</table>


                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
              for the nine months ended December 31, 2006 and 2005
    and for the period May 2, 2001 (Date of Inception) to December 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                    May 2, 2001
                                                                                                     (Date of
                                                                     Nine months ended             Inception) to
                                                                        December 31,               December 31,
                                                                   2006              2005              2006
                                                                   ----              ----              ----

                                                            <c>                <c>               <c>
Cash Flows used in Operating Activities
    Net loss for the period                                 $       (48,969)   $       (29,018)  $       (196,799)
    Add item not involving cash:
      Interest expense                                                3,235                  -              3,235
    Change in non-cash working capital item related
     to operations:
      Accounts payable and accrued liabilities                       10,683             10,007             43,575
                                                            ---------------    ---------------   ----------------

                                                                    (35,051)           (19,011)          (149,989)
                                                            ---------------    ---------------   ----------------

Cash Flows provided by Financing Activities
    Proceeds from shares issued                                           -                  -             94,500
    Increase in advances payable                                      5,300                  -              5,300
    Increase in due to related party                                 29,802             17,167             50,813
                                                            ---------------    ---------------   ----------------

                                                                     35,102             17,167            150,613
                                                            ---------------    ---------------   ----------------

Increase (decrease) in cash during the period                            51             (1,844)               624

Cash, beginning of the period                                           573              2,458                  -
                                                            ---------------    ---------------   ----------------

Cash, end of the period                                     $           624    $           614   $            624
                                                            ===============    ===============   ================
</table>


                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                                December 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)


Note 1        Interim Reporting
              -----------------

              While  the  information  presented  in  the  accompanying  interim
              financial  statements is unaudited,  it includes all  adjustments,
              which are,  in the  opinion of  management,  necessary  to present
              fairly the  financial  position,  results of  operations  and cash
              flows for the interim period  presented.  All adjustments are of a
              normal  recurring  nature.  It is  suggested  that  these  interim
              financial  statements  be read in  conjunction  with the Company's
              March 31, 2006  financial  statements.  Operating  results for the
              period ended December 31, 2006 are not  necessarily  indicative of
              the  results  that can be expected  for the year ending  March 31,
              2007.

Note 2        Continuance of Operations
              -------------------------

              These  financial  statements have been prepared in accordance with
              generally  accepted  accounting  principles  applicable to a going
              concern,  which  assumes that the Company will be able to meet its
              obligations  and  continue  its  operations  for its  next  twelve
              months.  Realization  values may be  substantially  different from
              carrying  values as shown and these  financial  statements  do not
              give effect to adjustments that would be necessary to the carrying
              values and  classification  of assets and  liabilities  should the
              Company be unable to continue as a going concern.  At December 31,
              2006, the Company had not yet achieved profitable operations,  has
              accumulated losses of $196,799 since its inception,  has a working
              capital  deficiency of $99,064 and expects to incur further losses
              in the development of its business, all of which casts substantial
              doubt about the Company's  ability to continue as a going concern.
              The Company's  ability to continue as a going concern is dependent
              upon its ability to generate future  profitable  operations and/or
              to obtain the  necessary  financing  to meet its  obligations  and
              repay its liabilities arising from normal business operations when
              they come due.  Management  has no formal plan in place to address
              this concern but considers that the Company will be able to obtain
              additional   funds  by  equity   financing  and/or  related  party
              advances,  however  there is no  assurance of  additional  funding
              being available.

Note 3        Related Party Transactions
              --------------------------

              The  Company  was charged  the  following  by the  director of the
              Company:
<table>
<caption>
                                                                                                     May 2, 2001
                                                                                                      (Date of
                                        Three months ended              Nine months ended           Inception) to
                                           December 31,                    December 31,             December 31,
                                       2006            2005            2006            2005             2006
                                       ----            ----            ----            ----             ----
            
                     <c>            <c>              <c>             <c>            <c>
             Management fees      $       1,500   $       1,500   $      4,500    $      4,500   $         15,000
                                  =============   =============   ============    ============   ================
</table>

<page>

Note 3        Related Party Transactions - (cont'd)
              --------------------------

              Included  in  accounts  payable at  December  31,  2006 is $15,000
              (March 31,  2006:  $10,500) of unpaid  management  fees due to the
              director of the Company.

              The amount due to related  party,  the  director  of the  Company,
              consists of unpaid advances of $50,813 (March 31, 2006:  $21,011).
              The  amount  due is  unsecured,  non-interest  bearing  and has no
              specific  terms  for  repayment.  During  the  nine  months  ended
              December 31, 2006, the Company imputed  interest on due to related
              party at 10% per annum.

Note 4        Commitments
              -----------

              Mining Lease

              By a lease  agreement  effective  May 15, 2001 and  amended  April
              2002,  November 2002, April 2003,  January 9, 2004, April 11, 2005
              and July 24, 2006, the Company was granted the exclusive  right to
              explore and mine the SF resource property located in Storey County
              of the State of  Nevada.  The term of this  lease is for 20 years,
              renewable for an additional 20 years so long as the  conditions of
              the lease are met.  Minimum  payments and performance  commitments
              are as follows:

              The owner shall be paid a royalty of 4% of the net smelter returns
              from all  production.  In respect to this royalty,  the company is
              required to pay minimum advance royalty payments as follows:

              -   $5,000 upon execution (paid);
              -   $1,250 on or before May 15, 2002 (paid);
              -   $1,500 on or before November 30, 2002 (paid);
              -   $1,500 on or before April 15, 2003 (paid);
              -   $2,000 on January 9, 2004 (paid);
              -   $5,000 on or before July 9, 2004 (paid);
              -   $5,000 on April 12, 2005 (paid); and
              -   $50,000  each January 9 thereafter  until  termination  of the
                  lease,  adjusted  based on inflation  rates  designated by the
                  Consumer Price Index.

              In  addition,   the  Company  was  required  to  fund  exploration
              expenditures of $5,000 by April 12, 2005 (paid).

              Pursuant to the July 24, 2006 amending agreement, the Company paid
              $20,000 to amend the original lease agreement.

              The Company can reduce the net smelter  return  royalty to 0.5% by
              payment of a buy-out price of $5,000,000. Advance royalty payments
              made to the date of the  buy-out  will be  applied  to reduce  the
              buy-out price.

<page>

Note 4        Commitments - (cont'd)
              -----------

              Performance Commitment:

              In the event that the Company  terminates  the lease after June 1,
              of any year it is required  to pay all  federal  and state  mining
              claim  maintenance  fees for the next assessment year. The Company
              is  required  to  perform  reclamation  work  in the  property  as
              required by federal state and local law for disturbances resulting
              from the Company's activities on the property.

              The Company  received a default  notice dated January 10, 2007 and
              had 15 days to cure the  default  and as not cured,  the lease was
              deemed null and void. The Company intends to renegotiate the terms
              of the lease agreement.

Note 5        Non-cash Transaction
              --------------------

              Investing and financing  activities that do not have direct impact
              on current cash flows are  excluded  from the  statements  of cash
              flows. During the nine months ended December 31, 2006, the Company
              imputed  interest on due to related party and advances  payable at
              10% per annum.

              This  transaction  has been excluded  from the  statements of cash
flows.

Note 6        Subsequent Event - Note 4
              ----------------

              Subsequent  to  December  31,  2006,  the  director of the Company
              advanced $6,500.  This amount is unsecured,  non-interest  bearing
              and has no specific terms for repayment.

<page>

Item 2.           Management's Discussion and Analysis or Plan of Operation


Forward Looking Statements

This quarterly report contains forward-looking statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this Risk Factors section and elsewhere in this quarterly report.


Plan of Operation

Our plan of operation for the twelve months following the date of this report is
to complete the recommended  phase one exploration  program on the SF project in
which we hold a leasehold interest. We anticipate that this program will cost us
$89,000.

On April 11,  2005,  the SF  Property  lease  agreement  dated May 15,  2001 was
further  amended  with  respect to the  Schedule of Minimum  Payments.  With the
amendment,  the  Company,  instead of paying the  advance  royalty of $10,000 by
January  9,  2005,  shall pay  $5,000 by April 12,  2005,  and fund  exploration
expenditures  on the SF Property of $5,000 by April 12, 2005. Both payments were
made on April 12, 2005. In order to keep the lease in good standing, we must pay
the lessor $50,000 by January 9 every year thereafter.

On July 24, 2006,  the lease  agreement was further  amended with respect to the
Schedule of Minimum Payments. With the amendment,  the Company shall pay $20,000
by July 24, 2006 and pay the lessor  $50,000 by January 9 every year  thereafter
in order to keep the lease in good  standing.  The  Company has paid the $20,000
pursuant to the amendment.  The Company  received a default notice dated January
10,  2007 and had 15 days to cure the  default  and as not cured,  the lease was
deemed null and void. The Company  intends to renegotiate the terms of the lease
agreement.

In addition,  we anticipate spending $15,000 on professional fees and $14,000 on
administrative expenses.

Excluding any mineral property  payments,  total  expenditures  over the next 12
months are  therefore  expected to be $29,000.  Our cash on hand at December 31,
2006 was $624.  Accordingly,  we will need to raise additional funds in order to
complete  the  recommended  exploration  program on the SF project  and meet our
other expected  expenses.  We do not currently have any arrangements for raising
additional funding.

<page>

Results of Operations for the third quarter ended December 31, 2006

We incurred a net loss of $11,580 for the three months period ended December 31,
2006, as compared to a loss of $5,903 in the same period in 2005. The difference
in net loss was primarily due to a higher audit and accounting  fees incurred in
current  period  and the  imputed  interest  in the  amount  of $3,235 on due to
related parties.  As per management  agreement dated July 1, 2004, the president
started to charge the Company  $500 per month for  management  fees.  After this
management agreement expired on June 30, 2005, the president charges the Company
$500 per  month on a month by month  basis  ($4,500  for the  period of April to
December).  At the end of the third  quarter,  we had cash on hand of $624.  Our
liabilities  for the same  period  totalled  $99,688 and  consisted  of accounts
payable of $43,575, advances payable of $5,300 and $50,813 due to our president.



Item 3.           Controls and Procedures


As required by Rule 13a-15 under the Exchange  Act,  within the 90 days prior to
the filing date of this report,  the Company  carried out an  evaluation  of the
effectiveness of the design and operation of the Company's  disclosure  controls
and  procedures.  This evaluation was carried out under the supervision and with
the  participation  of  the  Company's   management,   including  the  Company's
President, the Chief Executive Officer, and the Chief Financial Officer.

Based upon that evaluation,  the Company concluded that the disclosure  controls
and  procedures are  effective.  There have been no  significant  changes in the
Company's  internal  controls or in other  factors,  which  could  significantly
affect  internal  controls  subsequent  to the date the Company  carried out its
evaluation.

PART II  OTHER INFORMATION

Item 1.           Legal Proceedings

The Company is not a party to any pending  legal  proceeding.  Management is not
aware of any threatened litigation, claims or assessments.

Item 2.           Changes in Securities

None.

Item 3.            Defaults upon Senior Securities

None.

Item 4.           Submission of Matters to a Vote of Security Holders

None.

Item 5.            Other Information

None.

Item 6.            Exhibits and Report on Form 8-K

 31.1        Certification  pursuant to 18 U.S.C.  Section 1350, as adopted
             pursuant to Section 302 of the  Sarbanes-Oxley Act of 2002
 31.2        Certification  pursuant to 18 U.S.C.  Section 1350, as adopted
             pursuant to Section 302 of the  Sarbanes-Oxley Act of 2002
 32.1        Certification  pursuant to 18 U.S.C.  Section 1350, as adopted
             pursuant to Section 906 of the  Sarbanes-Oxley Act of 2002
 32.2        Certification  pursuant to 18 U.S.C.  Section 1350, as adopted
             pursuant to Section 906 of the  Sarbanes-Oxley Act of 2002


There were no reports  filed on Form 8-K during  the nine  months  period  ended
December 31, 2006.

SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

Tari Inc.

                                        /s/ Theodore Tsagkaris
                                        ---------------------------
                                        Theodore Tsagkaris
                                        President, Secretary, Treasurer
                                        Chief Executive Officer and Director
                                        (Principal Executive Officer,
                                        Principal Financial Officer and
                                        Principal Accounting Officer)
                                        Dated: March 13, 2007