Guys........ would you believe it.......... it the electric grounding that was missing in the AC wire pin connecting the PSU.......... the AC pin i used and that which came with the new psu had only two heads and that was causing it to shock with static electricity...........
I realised it when i took it to my office and there the AC pin was already set and immediately reaised that it was not shocking......... i got a new three pin AC wire and VOILA!!!!!!! the system started............ no problem at all........... thanks a ton guys for all the help........... really appreciate it........... you guys cost me US $50 for the new PSU but i can live with it............