RAKESH M R

S/O RAVINDRA M K
NO 560 , A BLOCK , VEMAGAL , KOLAR-563101
PAN -EIIPR6292F
TRADING, PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31-03-2022

To Opening Stock By Sales Account 18,11,000.00

" Purchase Account 14,25,000.00 " Closing Stock 2,56,000.00
" Salaries and Wages 72,440.00
" Electricity Charges 9,600.00
" Gross Profit C\f 5,59,960.00

20,67,000.00 20,67,000.00

To Staff Welfare Expenses 7,244.00 By Gross Profit B/f 5,59,960.00

" Telephone Charges 3,000.00
" Desighning Charges 21,000.00
" Travelling Expenses 12,500.00
" Bank Charges 593.00
" Printing and Stationery 850.00
" Miscellaneous Expenses 8,500.00
" Local Conveyance 1,200.00
" Depreciation 9,650.00
" Net Profit 4,95,423.00

5,59,960.00 5,59,960.00

Place: Kolar FOR RAKESH ENTERPRISES

Extracts filed with RAKESH M R

Income Tax Department PROPRIETOR
Acknowledgement No.: 594826680230422
 RAKESH M R
S/O RAVINDRA M K
NO 560 , A BLOCK , VEMAGAL , KOLAR-563101
PAN -EIIPR6292F
BALANCE SHEET AS ON 31-03-2022

CAPITAL ACCOUNT FIXED ASSET

As per last B/s. 5,50,000.00 Furniture and Fixtures 65,000.00
Add: Net Profit 4,95,423.00 Less:Depn 6,500.00 58,500.00
Add: Bank Interest 176.00
10,45,599.00 Mobile Phone 21,000.00
Less: Drawings 65,000.00 Less:Depn 3,150.00 17,850.00
Less: Deductions 176.00
9,80,423.00 Gold and Silver Ornaments 1,40,000.00

Sundry Creditors 96,000.00 CURRENT ASSESTS

ADVANCE & DEPOSITS
Deposits 50,000.00 50,000.00

CLOSING STOCK 2,56,000.00

SUNDRY DEBTORS 1,65,000.00

CASH AND BANK BALANCES

Cash on Hand 2,62,127.00
Cash at Bank 1,26,946.00 3,89,073.00

10,76,423.00 10,76,423.00
-

Place: Kolar FOR RAKESH ENTERPRISES

Extracts filed with

Income Tax Department RAKESH M R
Acknowledgement No.: 594826680230422 PROPRIETOR
 RAKESH M R
S/O RAVINDRA M K
NO 560 , A BLOCK , VEMAGAL , KOLAR-563101

P.Y.E :: 31.03.2022
Asst Year :: 2022-23
P.A.N . :: EIIPR6292F
DOB :: 20/05/1997

COMPUTATION OF INCOME

I.INCOME FROM BUSINESS OR PROFESSION

Net Profit as per Profit and Loss Account 4,95,423.00

II.INCOME FROM OTHER SOURCES

Bank Interest and Other Receipts 176.00
GROSS TOTAL INCOME 4,95,599.00
Less: DEDUCTION UNDER CHAPTER VIA
Under Section 80TTA 176.00
176.00
TOTAL INCOME 4,95,423.00
ROUNDED OFF 4,95,420.00
Note:
Tax on above Income is Rs. 12,271.00
Less: Relief 12,271.00
-
Add: Education cess -
-
Less: TDS -
-
Add: Interest -
TAX PAYABLE -
140A Tax paid at………………on…………. -

Place: Kolar

RAKESH M R
PROPRIETOR