SCHEDULE- A FIXED ASSETS DEPRECIATION ALLOWED

Description WDV as on Addition Deposite Total as on Depereciation WDV as on

of Assets 10.04.2015 During the Year During The Year 31.03.2016 During The Year 31.03.2016

Block-5 @ 15%

MACHINE - - - -
FUGING MACHINE - - - - -
MOTORCYCLE - - - - -
DIGITAL CAMERA - - - - -
FOUR TRADE MACHINE - - - - -
FLATE LOCK MACHINE - - - - -
CUTTER MACHINE - - - - -
WEB CAMERA - - - - -
BATCH MAKING MACHINE - - - - -
MOBILE - - - - -
- - - - - -
Block @ 10%

FURNITURE AND
FIXTURE 153,000.00 - - 153,000.00 15,300.00 137,700.00
153,000.00 - - 153,000.00 15,300.00 137,700.00

Block @ 60%
Computer - - - - -
- - - - - -
SCHEDULE- A FIXED ASSETS DEPRECIATION ALLOWED

Description WDV as on Addition Deposite Total as on Depereciation WDV as on

of Assets 10.04.2016 During the Year During The Year 31.03.2017 During The Year 31.03.2017

Block-5 @ 15%

MACHINE - - - - - -
FUGING MACHINE - - - - - -
MOTORCYCLE - - - - - -
DIGITAL CAMERA - - - - - -
FOUR TRADE MACHINE - - - - - -
FLATE LOCK MACHINE - - - - - -
CUTTER MACHINE - - - - - -
WEB CAMERA - - - - - -
BATCH MAKING MACHINE - - - - - -
MOBILE - - - - - -
- - - - - -
Block @ 10%

FURNITURE AND
FIXTURE 137,700.00 - - 137,700.00 13,770.00 123,930.00
137,700.00 - - 137,700.00 13,770.00 123,930.00

Block @ 60%
Computer - - - - - -
- - - - - -

SCHEDULE- A FIXED ASSETS DEPRECIATION ALLOWED

Description WDV as on Addition Deposite Total as on Depereciation WDV as on

of Assets 10.04.2017 During the Year During The Year 31.03.2018 During The Year 31.03.2018

Block-5 @ 15%

MACHINE - - - - - -
FUGING MACHINE - - - - - -
MOTORCYCLE - - - - - -
DIGITAL CAMERA - - - - - -
FOUR TRADE MACHINE - - - - - -
FLATE LOCK MACHINE - - - - - -
CUTTER MACHINE - - - - - -
WEB CAMERA - - - - - -
BATCH MAKING MACHINE - - - - - -
MOBILE - - - - - -
- - - - - -
Block @ 10%

FURNITURE AND
FIXTURE 123,930.00 - - 123,930.00 12,393.00 111,537.00
123,930.00 - - 123,930.00 12,393.00 111,537.00

Block @ 60%
Computer - - - - - -
- - - - - -
 Name KOTHAMASU GENTS SHOW ROOM

Proprietor Mrs. SABITA PRASAD

Address MAHI BAZAR VINUKONDA

Pin-834001
ANDHRA PRADESH

Father's Name

Date of Birth

Status

PAN

COMPUTATION OF TOTAL INCOME

ASSESSMENT YEAR : 2016-17

1. INCOME FROM BUSINESS & PROFESSION

Income from Printing
Gross Receipts 3,671,800.00
Gross Receipts 3,401,736.58 270,063.42
Net Profit declared u/s. 44AD of the I. T. Act, 1961

2. INCOME FROM OTHER SOURCES

Interest on FD #REF!
Interest on Saving Bank Account 206.00 #REF!
#REF!
Less : Deduction u/s. 80C
L.I.C 11,942.00
Less: Deduction u/s 80TTA
Interest on SB A/c 206.00 12,148.00
#REF!
Or
#REF!
Tax on Total Income #REF!
Less: Rebate u/s 87A
#REF!
Add: Education Cess #REF!
Tax Payable #REF!

Punjab Sindh Bank, Current Account No. 11751100000017, IFSC CODE: PSIB0021175, MICR CODE: 829023002
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

CAPITAL ACCOUNT AS ON 31.03.2017

DEBITS AMOUNT CREDITS AMOUNT
To Withdrawal 125,000.00 By Capital Introduced 638,424.80

By Income from Business 270,063.42

To Closing Balance 783,488.22

908,488.22 908,488.22

BALANCE SHEET AS AT 31.03.2017

LIABILITIES AMOUNT ASSETS AMOUNT
CAPITAL ACCOUNT 783,488.22 FIXED ASSETS

Furniture & Fixture 120,880.80

Less: Depreciation 12,088.08 108,792.72

Motor Car 361,250.00

SECURED LOAN Less: Depreciation 54,187.50 307,062.50
HDFC Car Loan 251,604.00

CURRENT LIABILITIES
Sundry Creditors 124,710.00

Liability for Expenses 25,412.00 CURRENT ASSETS

Sundry Debtors 118,910.00

By Closing Stock 378,230.00
Cash & bank 272,219.00

1,185,214.22 1,185,214.22

Date:

Proprietor:
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

PROFIT & LOSS ACCOUNT FOR THE PERIOD 13.01.2017 TO 31.03.2017

AMOUNT AMOUNT
PARTICU LARS PARTICU LARS
Rs. P. Rs. P.
To Opening stock 345,810.00 By Sales 3,671,800.00
To Purchase 3,080,014.00 By Closing Stock 378,230.00

To Gross Profit 624,206.00

4,050,030.00 4,050,030.00
By Gross Profit 624,206.00
To General Exp 65,412.00
To Insurance Charges 5,410.00
To Local Conveyance 75,860.00
To Electricity 1,274.00
To Printing & Stationery 2,550.00
To Salary 65,000.00
To Telephone Exp 6,500.00
To Travelling & Conveyance 65,861.00
To Depereciation 66,275.58

To Net Profit T/f to Capital Account 270,063.42

624,206.00 624,206.00

Date:

Proprietor:
 Name KOTHAMASU GENTS SHOW ROOM

Proprietor KOTHAMASU GENTS SHOW ROOM

Address MAHI BAZAR VINUKONDA

Pin-834001
ANDHRA PRADESH

Father's Name

Date of Birth

Status

PAN

COMPUTATION OF TOTAL INCOME

ASSESSMENT YEAR : 2016-17

1. INCOME FROM BUSINESS & PROFESSION

Income from Printing
Gross Receipts 4,056,130.00
Gross Receipts 3,731,636.20 324,493.80
Net Profit declared u/s. 44AD of the I. T. Act, 1961

2. INCOME FROM OTHER SOURCES

Interest on FD #REF!
Interest on Saving Bank Account 206.00 #REF!
#REF!
Less : Deduction u/s. 80C
L.I.C 11,942.00
Less: Deduction u/s 80TTA
Interest on SB A/c 206.00 12,148.00
#REF!
Or
#REF!
Tax on Total Income #REF!
Less: Rebate u/s 87A
#REF!
Add: Education Cess #REF!
Tax Payable #REF!

Punjab Sindh Bank, Current Account No. 11751100000017, IFSC CODE: PSIB0021175, MICR CODE: 829023002
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

CAPITAL ACCOUNT AS ON 31.03.2017

DEBITS AMOUNT CREDITS AMOUNT
To Withdrawal 125,000.00 By Capital Introduced 438,931.00

By Income from Business 324,493.80

To Closing Balance 638,424.80

763,424.80 763,424.80

BALANCE SHEET AS AT 31.03.2017

LIABILITIES AMOUNT ASSETS AMOUNT
CAPITAL ACCOUNT 638,424.80 FIXED ASSETS

Furniture & Fixture 134,312.00

Less: Depreciation 13,431.20 120,880.80

Motor Car 425,000.00

SECURED LOAN Less: Depreciation 63,750.00 361,250.00
HDFC Car Loan 251,604.00

CURRENT LIABILITIES
Sundry Creditors 124,710.00

Liability for Expenses 25,412.00 CURRENT ASSETS

Sundry Debtors 118,910.00

By Closing Stock 410,918.00
Cash & bank 28,192.00

1,040,150.80 1,040,150.80

Date:

Proprietor:
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

PROFIT & LOSS ACCOUNT FOR THE PERIOD 13.01.2017 TO 31.03.2017

AMOUNT AMOUNT
PARTICU LARS PARTICU LARS
Rs. P. Rs. P.
To Opening stock 378,230.00 By Sales 4,056,130.00
To Purchase 3,399,276.00 By Closing Stock 410,918.00

To Gross Profit 689,542.00

4,467,048.00 4,467,048.00
By Gross Profit 689,542.00
To General Exp 65,412.00
To Insurance Charges 5,410.00
To Local Conveyance 75,860.00
To Electricity 1,274.00
To Printing & Stationery 2,550.00
To Salary 65,000.00
To Telephone Exp 6,500.00
To Travelling & Conveyance 65,861.00
To Depereciation 77,181.20

To Net Profit T/f to Capital Account 324,493.80

689,542.00 689,542.00

Date:

Proprietor:
 Name KOTHAMASU GENTS SHOW ROOM

Proprietor Mrs. SABITA PRASAD

Address MAHI BAZAR VINUKONDA

Pin-834001
ANDHRA PRADESH

Father's Name

Date of Birth

Status

PAN

COMPUTATION OF TOTAL INCOME

ASSESSMENT YEAR : 2016-17

1. INCOME FROM BUSINESS & PROFESSION

Income from Printing
Gross Receipts 3,923,810.00
Gross Receipts 3,615,114.58 308,695.42
Net Profit declared u/s. 44AD of the I. T. Act, 1961

2. INCOME FROM OTHER SOURCES

Interest on FD #REF!
Interest on Saving Bank Account 206.00 #REF!
#REF!
Less : Deduction u/s. 80C
L.I.C 11,942.00
Less: Deduction u/s 80TTA
Interest on SB A/c 206.00 12,148.00
#REF!
Or
#REF!
Tax on Total Income #REF!
Less: Rebate u/s 87A
#REF!
Add: Education Cess #REF!
Tax Payable #REF!

Punjab Sindh Bank, Current Account No. 11751100000017, IFSC CODE: PSIB0021175, MICR CODE: 829023002
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH
PROVISIONAL BALANCE SHEET AS AT 30.11.2017
LIABILITIES AMOUNT ASSETS AMOUNT
CAPITAL ACCOUNT 638,424.80 FIXED ASSETS

Furniture & Fixture 120,880.80

Less: Depreciation 12,088.08 108,792.72
SECURED LOAN
HDFC Car Loan 194,310.00 Motor Car 361,250.00
Less: Depreciation 54,187.50 307,062.50

CURRENT LIABILITIES
Sundry Creditors 118,910.00

Liability for Expenses 13,819.00 CURRENT ASSETS

Sundry Debtors 138,920.00

By Closing Stock 372,620.00
Cash & bank 38,068.58

965,463.80 965,463.80

Date:

Proprietor:
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

PROVISIONAL PROFIT & LOSS ACCOUNT FOR THE PERIOD 01.04.2016 TO 30.11.2017
AMOUNT AMOUNT
PARTICU LARS PARTICU LARS
Rs. P. Rs. P.
To Opening stock 410,918.00 By Sales 3,923,810.00
To Purchase 3,218,464.00 By Closing Stock 372,620.00

To Gross Profit 667,048.00

4,296,430.00 4,296,430.00
To Accounting Charges 12,500.00 By Gross Profit 667,048.00
To General Exp 72,910.00
To Insurance Charges 5,500.00
To Electricity 1,230.00
To Printing & Stationery 2,150.00
To Salary 65,500.00
To Telephone Exp 4,500.00
To Travelling & Conveyance 95,410.00
To Depereciation 66,275.58
To Bank Interest 28,917.00
To Bank Charges 3,460.00
To Net Profit T/f to Capital Account 308,695.42
667,048.00 667,048.00

Date:

Proprietor:
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

ESTIMATED CAPITAL ACCOUNT AS ON 31.03.2018

DEBITS AMOUNT CREDITS AMOUNT

To Withdrawal 250,000.00 By Opening Balance 638,424.80

By Income from Business 348,547.42

To Closing Balance 736,972.22

986,972.22 986,972.22

ESTIMATED BALANCE SHEET AS AT 31.03.2018

LIABILITIES AMOUNT ASSETS AMOUNT
CAPITAL ACCOUNT 736,972.22 FIXED ASSETS

Furniture & Fixture 120,880.80

Less: Depreciation 12,088.08 108,792.72
SECURED LOAN
HDFC Car Loan 139,680.00 Motor Car 361,250.00
Less: Depreciation 54,187.50 307,062.50

CURRENT LIABILITIES
Sundry Creditors 145,500.00

Liability for Expenses 38,500.00

OCC From Andhra Bank 700,000.00

CURRENT ASSETS

Sundry Debtors 355,000.00

Stock in Hand 945,000.00

Cash & bank 44,797.00

1,760,652.22 1,760,652.22

Date:
Proprietor:
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

ESTIMATED PROFIT & LOSS ACCOUNT FOR THE PERIOD 01.04.2017 TO 31.03.2018
AMOUNT AMOUNT
PARTICU LARS PARTICU LARS
Rs. P. Rs. P.
To Opening stock 410,918.00 By Sales 5,500,000.00
To Purchase 5,099,082.00 By Closing Stock 945,000.00

To Gross Profit 935,000.00

6,445,000.00 6,445,000.00

To Accounting Charges 35,500.00 By Gross Profit 935,000.00

To General Exp 85,500.00
To Insurance Charges 6,550.00
To Local Conveyance 95,000.00
To Electricity 1,550.00
To Printing & Stationery 3,250.00
To Salary 75,500.00
To Telephone Exp 7,500.00
To Travelling & Conveyance 112,500.00
To Depereciation 66,275.58
To Bank Interest 90,827.00
To Bank Charges 6,500.00
To Net Profit T/f to Capital Accoun 348,547.42
935,000.00 935,000.00

Date:

Proprietor:
Ratio Analysis 2018

CALCULATION OF MPBF
25% of Turnover (a) 1,375,000.00
Less : 5% of Turnover - Min (b) 275,000.00
Maximum Permissible Bank F(c) 1,100,000.00

Current Assets 1,344,797.00

Current Liabilities 884,000.00
Net Working Capital in Busin (d) 460,797.00

Maximum Perm
(a)-(b) or (a)-(d) whichever is lower 914,203.00
(a)-(b) = 1,100,000.00
(a)-(d) = 914,203.00

CURRENT RATIO
Current Assets (a) 1,344,797.00
Current Liabilities (b) 884,000.00

Current Ratio=(a) / (b) 1.52

 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

PROJECTED CAPITAL ACCOUNT AS ON 31.03.2019

DEBITS AMOUNT CREDITS AMOUNT

To Withdrawal 250,000.00 By Opening Balance 736,972.22

By Income from Business 398,361.35

To Closing Balance 885,333.57

1,135,333.57 1,135,333.57

PROJECTED BALANCE SHEET AS AT 31.03.2019

LIABILITIES AMOUNT ASSETS AMOUNT
CAPITAL ACCOUNT 885,333.57 FIXED ASSETS
Furniture & Fixture 108,792.72
Less: Depereciation 10,879.27 97,913.45

Motor Car 307,062.50

Less: Depreciation 46,059.38 261,003.13

CURRENT LIABILITIES
Sundry Creditors 152,775.00

Liability for Expenses 35,000.00

OCC From Andhra Bank 700,000.00

CURRENT ASSETS
Stock in hand 950,000.00
Sundry Debtors 390,500.00
Cash & bank 73,692.00

1,773,108.57 1,773,108.57

Date:

Proprietor:
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

PROJECTED PROFIT & LOSS ACCOUNT FOR THE PERIOD 01.04.2018 TO 31.03.2019
AMOUNT AMOUNT
PARTICU LARS PARTICU LARS
Rs. P. Rs. P.
To Opening stock 945,000.00 By Sales 6,050,000.00
To Purchase 5,026,500.00 By Closing Stock 950,000.00

To Gross Profit 1,028,500.00

7,000,000.00 7,000,000.00
To Accounting Charges 45,000.00 By Gross Profit 1,028,500.00
To General Exp 95,500.00
To Insurance Charges 8,200.00
To Petrol Exp 106,400.00
To Rent and Electricity 2,200.00
To Printing & Stationery 3,500.00
To Salary 85,000.00
To Telephone Exp 8,400.00
To Travelling & Conveyance 128,500.00
To Depereciation 56,938.65
To Bank Interest 84,000.00
To Bank Charges 6,500.00
To Net Profit T/f to Capital Account 398,361.35
1,028,500.00 1,028,500.00

Date:

Proprietor:
Ratio Analysis 2019

CALCULATION OF MPBF
25% of Turnover (a) 1,512,500.00
Less : 5% of Turnover - Min (b) 302,500.00
Maximum Permissible Bank F(c) 1,210,000.00

Current Assets 1,414,192.00

Current Liabilities 887,775.00
Net Working Capital in Busin (d) 526,417.00

Maximum Perm
(a)-(b) or (a)-(d) whichever is lower 986,083.00
(a)-(b) = 1,210,000.00
(a)-(d) = 986,083.00

CURRENT RATIO
Current Assets (a) 1,414,192.00
Current Liabilities (b) 887,775.00

Current Ratio=(a) / (b) 1.59

 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

PROJECTED CAPITAL ACCOUNT AS ON 31.03.2020

DEBITS AMOUNT CREDITS AMOUNT

To Withdrawal 350,000.00 By Opening Balance 885,333.57

By Income from Business 465,638.19

To Closing Balance 1,000,971.76

1,350,971.76 1,350,971.76

PROJECTED BALANCE SHEET AS AT 31.03.2020

LIABILITIES AMOUNT ASSETS AMOUNT
CAPITAL ACCOUNT 1,000,971.76 FIXED ASSETS
Furniture & Fixture 97,913.45
Less: Depereciation 9,791.34 88,122.10

Motor Car 261,003.13

Less: Depreciation 39,150.47 221,852.66

CURRENT LIABILITIES INVESTMENT

Sundry Creditors 174,600.00

Liability for Expenses 45,500.00

OCC From Andhra Bank 700,000.00

CURRENT ASSETS
Stock in hand 1,075,000.00
Sundry Debtors 350,000.00
Cash & bank 186,097.00

1,921,071.76 1,921,071.76

Date:

Proprietor:
 KOTHAMASU GENTS SHOW ROOM
MAHI BAZAR VINUKONDA
ANDHRA PRADESH

PROJECTED PROFIT & LOSS ACCOUNT FOR THE PERIOD 01.04.2019 TO 31.03.2020
AMOUNT AMOUNT
PARTICU LARS PARTICU LARS
Rs. P. Rs. P.
To Opening Stock 950,000.00 By Gross Turnover from Printing 6,655,000.00
To Purchases 5,648,650.00
By Closing Stock 1,075,000.00
To Gross Profit 1,131,350.00
7,730,000.00 7,730,000.00
To Accounting Charges 49,500.00 By Gross Profit 1,131,350.00
To General Exp 105,000.00
To Insurance Charges 9,020.00
To Petrol Exp 115,000.00
To Rent and Electricity 2,550.00
To Printing & Stationery 3,850.00
To Salary 92,500.00
To Telephone Exp 9,500.00
To Travelling & Conveyance 141,350.00
To Depereciation 48,941.81
To Bank Interest 84,000.00
To Bank Charges 4,500.00
To Net Profit T/f to Capital Account 465,638.19
1,131,350.00 1,131,350.00

Date:

Proprietor:
Ratio Analysis 2020

CALCULATION OF MPBF
25% of Turnover (a) 1,663,750.00
Less : 5% of Turnover - Min (b) 332,750.00
Maximum Permissible Bank F(c) 1,331,000.00

Current Assets 1,611,097.00

Current Liabilities 920,100.00
Net Working Capital in Busin (d) 690,997.00 325,482.00

Maximum Perm
(a)-(b) or (a)-(d) whichever is lower 972,753.00
(a)-(b) = 1,331,000.00
(a)-(d) = 972,753.00

CURRENT RATIO
Current Assets (a) 1,611,097.00
Current Liabilities (b) 920,100.00

Current Ratio=(a) / (b) 1.75