SHARAD NIGAM & CO Chartered Accountants G-5,RADHA VALLABH APARTMENT, 120/500(27),LAJPAT NAGAR, KANPUR-208005*Ph.0512(2242395) E-Mail ID : shanico@rediffmail.com, shanico.29@gmail.com, Mobile No.:- 9335110900 FORM NO. 3CB [See Rule 6(1)(0)) ‘Audit report under section 44AB of the Income Tax Act, 1961, in the case of a person referred to in ‘clause (b) of sub-rule (1) of rule 6G 1. We have examined the balance sheet as at 31-03-2020 and the profit and loss account for the period begining from 01-04-2019 to ending on 31-03-2020, attached herewith, of SUMIT GUPTA Prop. of BEHARI IRON STORE, 122 1 F SAROJINI NAGAR KANPUR Kanpur, P.A. No. - AHQPG4963R. 2. We certify that the balance .heet and the profit and loss account are in agreement with the books of accounts maintained at head office at 122 1 F SAROJINI NAGAR KANPUR and 0 branch, 3. (a) Werepor the following observations/comments/discrepancies/inconsistencies; if any ‘The Balances of Sundry Creditors Current Linbiliies and Provisions Sundry Debtors Loans and Advances Other Current Assets GST Returns and Other Personal accounts are subject to Confirmations and Reconciliation ifany ‘Amount of Sale as appearing in the book of account and amount of sale as appearing in GST return a well as in form 26AS are subject to reconciliation. (b) Subject to above,- (A) We have obtained all the information and explanations which, to the best of Our knowledge and belief, were necessary for the purposes of the audit (B) In Our opinion, proper books of accounts have been Kept at the head office and branches of the assessee, so fir as appears from Our examination ofthe books. (©) In Our opinion and to the best of Our information and according to the explanations read with notes thereon, if any, give a true and fair view = to us, the said accounts, (i) inthe case of the balance sheet, ofthe state of affairs of the assessee as at 31-03-2020, and (Gi) inthe ease of the profit and loss account,Profit ofthe assessee forthe year ended on that date, 4, The statement of particulars required to be furnished under section 44AB is annexed herewith in Form No. 3CD. 5. In Our opinion and to the best of Our information and according to explanations given to us, the particulars given in the said Form No. 3CD are true and correct, Subject to the following observations/qualifications, if any (a) The assessee is responsible for the preparation of the aforesaid financial statements that give a true and fair view of the financial position and financial performance (if applicable) in accordance with the applicable Accounting Standards issued by the Institute of Chartered Accountants of India. This responsibility includes the design, implementation and ‘maintenance of intemal control relevant to the preparation and presentation of the financial statements that give a true ‘and far view and ate free from material misstatement, whether due o fraud or error, (b) The assessee is also responsible for the preparation of the statement of particulars required to be furished under section 44AB of the Income-tax Act, 1961 annexed herewith in Form No, 3CD read with Rule 6G(1)(b) of Income Tax Rules, 1962 that give true and correct particulars as per the provisions of the Income-tax Act, 1961 read with Rules, [Notifications , circulars ete that are tobe ineluded in the Statement Page 1 of 2(©) Our responsibility 1s to express an opinion on these financial statements based on my/Our audit. We have conducted this audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India ‘Those Standards require that we comply with ethical requirements and plan and perform the audit 10 obtain reasonable assurance about whether the financial statements are free trom material misstatement. (6) An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial Statements. The procedures selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in he circumstances ui not for the purposes of expressing an opinion on the effectiveness of the entity s intemal contol. An audit also includes evaluating ths appropriateness of accounting policies used and the reasonableness of the accounting estimat’, made by management, as well as evaluating the ‘overall presentation of the Financial statements. (©) We believe that the audit evidence we have obtained is sufficient ant appropriate 1 provide a basis for Our audit pinion, (We ate also responsible for verifying the statement of particulars required to be furnised under section 44AB of the Income-ax Act, 1961 annexed herewith in Form No. 3CD read with Rule 6G (1) (b) of tacome-tax Rules, 1962. We have conducted Our verification of the statement in accordance with Guidance Note on Tax /vdit under section 44AB of the Income-tax Act, 1961, issued by the Institute of Chartered Accountants of Indi Place : Kanpur For SHARAD NIGAM & CO Date : 29-12-2020 Chartered Accountants, SHARAD NIG Pacer Mino - 075459 G-S.RADHA VALLABH APARTMENT 120/500(27), LAJPAT NAGAR, Kanpur - 208005 Firm Reg.lo 066070 LUDIN -20075459AAAAFS1792 Page 2 of 2Sia). 8(b), 9.(8) o 10.@) (b) 1.@) ) © HORM NO. 3cD See rule 66 2) Statement PART-A Name of the asse Address PAN Whether the assessce is liable to pay indirect tax like excise duty, service tax, sales tax, goods and service lax, customs duty, ete. if yes, please furnish the registration number or GST number or any other ‘identification number allotted forthe same. Status Previous year Assessment year Whether the assessee has opted for taation under section IISBA/1ISBAA/IISBAB? dicate the relevant clause of section 44AB under which the audit has been conducted PARI If firm or Association of Persons, indicate names of partners/members and their profit sharing ratios. If there is any Giange in the partners or members er in their profit sharing ratio since the last date of the preceding year. the particulars of such change. Nature of business or profession (if more than one ‘business or profession is carried on during the previous year, nature of every bu profession) ness oF If there is any change in the nature of business or profession, the particulars of such change. Whether books of accounts are prescribed under section 44A,, ifyes, list of books So prescribed. List of Books uf accounts maintained and the address At which the books of accounts are kept f bocks of account are maintained in a computer system, mention the books of accout generated by such computer system.If the books of ‘accounts are not kept at one location, please furnish the addresses of locations along with the details of ‘books of accounts maintained at each location.) List of books of accounts and nature of relevant documents exarained arsculars required tobe fersshed under secon 44AB ofthe Lacome Tas Act, 1961, SUMIT GUPTA prop.of BEHARI IRON STORE. 1221 SAROJINI NAGAR, KANPUR, Kanpur, nar Pradesh AHOPG4963R Sales Tax'VAT : 09145700361 Goods and Services Tax : O™AHQPGS963RIZA Individust From Apsit 1, 2019 10 March 31, 2020 2020-2021 Clause 4648(a)- Total salesitunoverigross receipts ‘in business exceeding Rs, I crore Nu Nid Wholesale Trading - Wholesale of other products nee 09027 Nit Cash Bock Ledder Bank Book ete ~ Cash Book Ledger Pank Book Purchase Book Sale Book Stock register ure prepared Sy Computer - 122-1 F Sarojini Nagar, , Kanpur, Uttar Pradesh, 208005 Cash Book Ledger Bank Book Purchase Book Sales Book Stock Register are prepared by Computer ~ Paget of 1t12, 13. M4, @ o © @ © o @ ) @ OO) © @ (a) ) © @ © Whether the profit and loss account includes any profit and gains assessable on presumptive basis, if yes, indicate the amount andthe relevant sections(MAD, 44AE, 44AF, 44B, 44BB, 44BBA, 44BBB,Chapter XII-G, First Schedule or any other relevant section.) ‘Method of accounting employed in the previous year. Whether there had been any change in the method of accounting employed vis-a-vis the method employed in the immediately preceding previous year. If answer to (b) above is in the affirmative, give details of such change, and the effect thereof on the profit or loss, Whether any adjustment is required to be made to the brofits or loss for complying with the provisions of income computation and disclosure standards notified under section 145(2) If answer to (d) above is in the affermative, given detail of such adjustments, Disclosure as per ICDS: Methods of valuation of closing stock employed in the previous year. Im case of deviation from the method of valuation prescribed under section 145A, and the effect thereof on the profit or loss, please furnish: Give the following particulars of the capital asset converted into stock in trade Description of capital asset Date of acquisition; Cost of acquisition; which Amount at the asset stock-in-trade is converted into Amounts not credited to the profit and loss account, being, = ‘the items falling within the scope of section 28; the proforma credits, drawbacks, refunds of duty of eustoms or excise or service tax, or refund of sales tax or value added tax where such eredits, drawbacks or refunds are admitted as due by the authorities concerned; ‘scalation claims accepted during the previous year, ‘any other item of income; ‘capital receipt, if any. ‘SUMIT GUPTA prop of BEHARI IRON STORE - 2020-2021 No ‘Nil Nit As per Annexure No. 1 Ni Nit Nt Nil Nil Nit Nit Page 2 of 11vn. a @ ) (Xa) (0) @ @ iy i) Be ) 21) ® Gi Where any land or building or both is. transferred during the previous year for a consideration less. than value adopted or assessed or assessable by any authority of State Government referred to in section 43CA or $0C, please firmish: Particulars of depreciation allowable as per the Income-tax Act, 1961 in respect of each asset or block ‘of asses, as the case may be, in the following form := Description of asseUblock of assets, Rate of depreciation Actual cost or writen down value, as the case may be, Adjustment made to the written down value under section I1SBAA for assessment yenr 2020-21 only) Adjusted written down value ‘Additions/deduetions during the year with dates; in the ease of any addition of an asset, date put to use; ‘including adjustments on account of = Central Value Added Tax credit claimed and allowed under the Central Excise Rules, 1944, in respeet of assets acquired on or iter Ist March, 1994, change in rate of exchange of eureney, and subsidy or grant or reimbursement, by whatever name called. Depreciation allowable, Written down value atthe end of the year Amount admissble under sections. - 32AC,32AD, 33AB, 33ABA, 35(1}4i), 35(1)4i, 35(1)Giad, 3501), 35(IMiv), 35(2AA), 35(2AB), 3SABB, 3SAC. 3SAD, 38CCA, 35CCB ‘Any sum paid to an employee as bonus or commission for services rendered, where such sum was otherwise payable to him as profits or dividend. { Section 36(1Xi)] Details of contributions reccived from employees for various funds as refered to in section 36(1 va); Please furnish the details of amounts debited to the profit ard loss account, being in the nature of capital personal, advertisement expenditure ete ‘expenditure of eapital nature ; ‘expenditure of personal nature; expenditure on advertisement in any souvenir, brochure, tract, pamphlet or the like published by a politcal party; SUMIT GUPTA prop.of BEHARI IRON STORE - 2020-2021 Nil As per Annexure No, 2 Nt Nit Nit Nil Nil Nit Page 3of 11ro) “ ow wit) wit) o w w ® a w ® Gi) “w ® ro) o wi wit) iti) ( © @ Expenditure incurred at clubs being entrance fees and subscriptions Expenditure incurred at clubs being cost for club servioes and facilities used. Expenditure by way of penalty or fine for violation of ‘any law forthe time being in fore. Expenditure by way of any other penalty or fine not covered above. Expenditure incurred for any purpose which is an ‘offence or which is prohibited by law. amounts inadmissible under section 40(a) ; as payment to non-resident referred to in sub-clause 0 ‘Detail of payment on which tax is not deducted Details of payment on which tax has been deducted but has not been paid during the previous year or in the subsquent year before the expiry of time prescribed under section200(1) ‘as payment referred to in sub-clause (ia) Detai ‘of payment on which tax is not deducted Details of payment on which tax has been deducted tout has not been paid on or before the duc date specified in sub-section(1) of section 139, ‘As payment referred to in sub-clause (ib) Details of payment on which levy is not deducted: Details of payment on which levy has been deducted put has not been paid on or before the due date specified in sub-section (i) of section 139. fringe benefit tax under sub-clause (ic) ‘wealth tax under sub-clause (iia) royalty, license fee, service fee ete. under sub-clause (iid) salary payable outside Indias to a non resident without TDS ete. under sub-clause (i) payment to PF /other fund ete. under sub-lause (iv) tax paid to employer for perquisites under sub-clause w ‘Amount debited to profit. and loss account being. interest, salary, bonus, commission or remuneration inadmissible under section 40(b)/40(ba) and computation thereof Disallowance/deemed income under section 40A(3) 'SUMIT GUPTA prop.of BEHARI IRON STORE - 2020-2021 Nil Nit Nit NIL Nt Nil Nit Nil Ni Nil Nit Ni Nil Nil Nil Nil Nil Page 4 of 11@ a) “ @ ©) ® @ © (A) On the basis of the examination of books of account and other relevant —_documents/evidence, whether the expenditure covered under seetion 40A(3) read with mule 6DD were made by account payee cheque drawn on a bank or account payee bank draft. If not, please furnish the detail (B) On the basis of the examination of books of account and other relevant —_documents/evidence, whether the payment referred to in section 40A(3A) ead with rule 6DD were made by account payee cheque drawn on a bank or account payee bank draft, If not, please furnish the details of amount deemed to bbe the profits and gains of bussiness or profession under section 40A(3A), provision for section 40A(7) payment of gratuity not allowable under any sum paid by the assessee as an employer not allowable under section 404(9) particulars of any liability ofa contingent nature amount of deduction inadmissible in terms of section 14A in respect of the expenditure incurred in relation to income which does not form part of the total income amount inadmissible 36(1 Kili) under the proviso section Amount of interest inadmissible under section 23 of the Micro, Small and_—-Medium Enterprises Development Act, 2006 Particulars of payments made to persons specified under sections 40A(2\(b) Amounts deemed to be profits and gains under section 32AC oF 32AD or 33AB of 33ABA or 33AC. Any amount of profit chargeable to tax under section 411 and computation thereof. In respect of any sum referred to in clauses (a\(b), (6). (@), (6), () oF (g) of section 438. pre-existed on “he first day of the previous year but was not allowed in the assessment of any preceding previous year and was Pid during the previous year ; ‘ot paid during the previous year ; vas incurred in the previous year and was paid on or before the due date for furnishing the retum of income of the previous year under section 1391) ‘ot paid on or befire the aforesaid date, ‘SUMIT GUPTA prop.of BEHAR! IRON STORE - 2020-2021 Yes Nil NL NL Nu Ni Nil As per Annexure No, 3 Mt Nit Nit Nil As per Annexure No.4 Ni Page 5 of 1127.(@) o 28, 29, 29. (A) (a) 29.(B) (a) 30, 30. Aa) 30.A(b) 30. Bla) 30. B(b) 30. C(a) 30. (b) 31. (@ (State whether sales tax, customs duty, excise duty or ‘any other indirect tax, levy cess, impost, ete, is Passed through the profit & loss account) Amount of Central Value Added Tax credits/ Input Tax Credit availed of or utilised during the previous year and its treatment in Profit and Loss account and fweatement of outstanding Central Value Added tax ‘redit/ Income Tax Credit in accounts, Particulars of income or expenditure of prior period ‘credited or debited to the profit and loss account Whether during the previous year the assessee has received any property, being share of a company not being @ company in which the public are substantially interested, without consideration or for inadequate consideration as referred 10 in section $6(2)(via), if 1s, please furnish the details ofthe same. Whether during the previous year the assessee has feeeived any consideration for issue of share which exceeds the fair market value of the shares as refered {© in section S6(2\vib), if yes, please furnish the details of the same Whether any amount is to be included as income chargeable und - the head income fiom other sources as referred to in clause (ix) of sub-section (2) of section $6? Whether any amount is to be included as income chargeable under the head income from other sources as referred 10 in clause (x) of sub section (2) of section 56? (Yes/No) Details of any amount borowed on hundi or any amount due thereon (including interest on the amount borrowed) repaid, otherwise than through an account Payee cheque. [Section 69D] Whether primary adjustment to transfer price, as referred to in sub-section (1) of section 92CE. has ‘been made during the previous year. yes, please furnish the following details Whether the assessee has incurred expenditure during the previous year by way of interest or of Similar nature exceeding one crore rupees as. referred ‘o in sub-section (1) of section 94B tyes, please furnish the following details Whether the assessee has entered into an dance arrangement, as referred to in section 96, during the previous year. (This Clause is kept in abeyance till 31st March,2021) ‘tyes, please furnish the following details Particulars of each toan or deposit in an amount exceeding the limit specified in section 269SS taken or ‘accepted during the previous year = SUMIT GUPTA prop.of BEHARI IRON STORE - 2020-26: Nit Nil NA NL Nit Nit Nit Nil Nit AS per Annexure No. § Page 6 of 110 wy co) ww) ” wo 31.0) 31. (bya) 31.(bxb) 31. (xe) 31. (xd) name, address and permanent account number (if available with the assessee) of the lender or depositor; amount of loan or deposit taken or accepted: whether the lo.n or deposit was squared up during the previous year; ‘maximum amount outstanding in the account at any time during the previous year, In case the repayment was made by cheque or bank raf, whether the same was repaid by an account payee cheque or an account payee bank draf. Im Case the toan and deposit was taken or accepted by cheque or bank draft, whether the same was taken for accepted by an account payee cheque or an the ‘account payee benk draft (These particule's need not be given in the case of a Govemment Company, a banking company or a corporation established by a Central, State or Provincial Act.) Particular of each specified sum in an account ‘exceeding the limit specified in section 2698S taken or ‘accepted during the previous year = Particulars of each receipt in an amount exceeding the limit specified in section 269ST, in aggregate from a person in a day or in respect of a single transaction or in respect of transactions relating to one event or ‘occasion from a person, during the previous year , ‘where such receipt is otherwise than by a cheque or bank draft or use of electronic clearing system through a bank account Particulars of each receipt in an amount exceeding the limit specified in section 269ST, in aggregate from a person in a day or in respect of a single transaction or in respect of transactions relating to one event oF occasion from a person, received by cheque or bank raft, not being an account payee cheque or an account payee bank draft, during the previous year- Particulars of each Payment in an amount exceeding the limit specified in section 269ST, in aggregate to a person in a day or in respect of a single transaction or in respect of transactions relating 10 one event or ecasion 10 a person, otherwise than by @ cheque or bank draft or use of electronic clearing system through a bank account during the previous year Particulars of cach Payment in an amount exceeding the limit specified in section 269ST, in aggregate to a person in a day or in respect of a single transaction o in respect of transactions relating 19 one event or ‘occasion to a person, made by a cheque or bank draft, not being an account payee cheque or an account payee bank draft, during the previous year ‘SUMIT GUPTA prop.of BEHARI IRON STORE - 2020-2021 Nil Nit Nil Nil Nit Page 7 of 11© 31.(@) 3L@) 32.(0) ) © @ © 33 4.) w iy iy wy) ™ Particulars of each repayment of loan or deposit in an amount exceed: g the limit specified in section 2607 ‘made during the previous year - fname, address and permanent account number (if Available with the assessee) of the payee; amount of the repayment; ‘maximum amount outstanding in the account at any time during the previous year; Whether the repayment was made otherwise than by fan account payee cheque or an account payee bank draft: 1m Case the Jom and deposit was taken or accepted by cheque or bank draft, whether the same was taken (oF accepted by an account payee cheque or an the ‘account payee bank draft, Particular of repayment of loan or deposit or any specified advance in an amount exceeding. the timit specified in section 269T received otherwise than by a cheque or bank draft or use of electronic clearing system through a bank account during the previous Particular of repayment of loan or deposit or any Specified advance in an amount exceeding the limit specified in section 269T received by a cheque or bank draft which is not an account payee cheque or ‘account payee bank draft during the previous year: ~ Details of brought forward loss or depreciation allowance, in the following manner, to the extent available : Whether a change in shareholding of the company has taken place in the previous year due to which the losses incurred prior to the previous year cannot be allowed to be carried forward in terms of section 79, Whether the assessee has incurred any speculation loss referred to in section 73 during the previous year, “yes, please furnish the details ofthe same. Whether the assessee has incurred any loss referred to in section 73A in respect of any specified business uring the previous year, if yes, please furnish details ofthe same. In ease of the company, please state that whether the company is deemed to be carrying on a speculation business as reffered in explanation to section 73, if Yes, please furnish the details of speculation loss if incurred during the previous year Section-wise details of deductions, if any, admissibi lander Chapter VIA or Chapter Hlsection 10A, section 1OAA) Whether the assesses is required deduct or collect fax a per the provisions of Chapter XVII-B. or Chapter XVII-BB, if yes please fumish ‘SUMIT GUPTA prop of BEHARI IRON STORE - 2020-202 As per Annexure No. 6 Nit AS per Annexure No, 7 AS per Annzeure No. 8 Page 8 of 11oy ° 35.1) 0 ai) iy i) ” © @ “0 (i) i (wv) w wie wit) ® “ (ii) (iit (wy) “ wi ) ) Whether the assessee is required to fimish the statement of tax deducted or tax collected. If yes, please furnish the details Whether the assessee is liable to pay interest under section 201(1A) or section 206C(7), If yes please furnish: In the case of & trading concem, give quantitative details of principal items of goods traded = opening stock; purchases during the previous year; sales during the previous year, closing stock; shortage/ excess, if any, Jn the case of a manufacturing concem, give quantitative details of the principal items of raw ‘materials, finished products and by-products Raw Materials: opening stock Purchases during the previous year; consumption during the previous year sales during the previous year, closing stock; Yield of finished products, percentage of yield; shortage/ excess any, Finished products/ By-product : opening stock: Purchases during the previous year; ‘quantity manufactured during the previous year; sales during the previous year, closing tock; shortage/ excess, if any. In the case of a domestic company, details of tax on distributed profits under section 115-0 in the following form =~ {otal amount of distributed profits; amount of H1S-001a)G); reduction as referred to in section ‘SUMIT GUPTA prop.of BEHARI IRON STORE - 2020-2021 Yes No As per Annexure No. 9 NL it Nil Page 9 of 1136.(AXa) 36. (AX) 3. 38, 39, 40 41 2 2. © @ © w @ 6) ) 6) @ © amount of reduction as referred to in UIS-O(LAMiiy, section total tax paid thereon; dates of payment with amounts. Whether the assessee has received any amount in the nature of divident as fererred to in sub-clause (e) of clause (22) of section 2 tyes, please mish the following details:- Whether any cost audit was carried out, if yes, give the details, if any, of disqualification or disagreement on any —matter/item/value/quantity as may be reported/identified by the cost auditor. Whether any audit was conducted under the Central Excise Act, 1944, if yes, give the details, if any, of disqualification or disagreement on any matter/item/value/quantity as may be reported/identified by the auditor, Whether any audit was conducted under section 72A of the finance act, 1994 in relation to valuation of taxable services, if yes, give the details, if any, of disqualification or disagreement on any matter/item/value/quantity as may be reported/identified by the auditor. ‘Accounting ratios with calculations as follows := ‘Total tumover of the asessee. Gross Profil Turnover; [Net Profil Tumover, Stock-in-Trade/ Tumover; Material Consumed’ Finished Goods Produced Please fumish the details of demand raised or refund issued during the previous year under any tax. laws other than Income-tax Act, 1961 and Wealth tx Act, 1937 alongwith details of relevant proceedings. Whether the assessee is required to furnish statement Form No.61 or Form No. 61 of Form No, 61B? IfYes, please furnish SUMIT GUPTA prop.of BEHARI IRON STORE - 2020-2021 No No No Current Year = 239713658 / Previous Year = 282569847 Current Year => Gross Profie= 8354931 / Tumover 239713658 Ratlom 3.49% Previous Year => Gross Profit= 8500042 / Tumover =282569847 Ratio= 3.01% Current Year => Net Profit= 2240240 / Turnover =239713658 Ratio= 0.93% Previous Year => Net Profit 1692042 / Turnover =282569847 Ratio= 0.60% Current Year => Stock in Trade= 28017249 / Turwover =239713658 Ratio= 11.69% Previous Year => Stock in Trade= 29080607 / ‘Turnover =282569847 Ratio= 10.29% NA Nil Ni Page 10of 11‘SUMIT GUPTA prop.of BEHARI IRON STORE - 2020-2021 8.) Whether the arsessee or its parent entity or alternate No reporting entity is liable to furnish the report as referred to in sub-section (2) of section 286 8.00) IF Yes, please furnish the following details Nw Bo if Not due, please enter expected date of fumishing the report “4 Break-up of total expenditure of entities registered or il rot registered under the GST : (This Clause is kept in abeyance till 31st March,2021) Place: Kanpur Date: 2912-2020 Firm Reg.No - 08607C UDIN - 20075459AAAAFS1792 Page 11 of 11BEHARI IRON STORE ‘Assessment Year : 2020-2021 Amecrure Now! “NEXURE OF DISCLOSURE AS PER ICDS Disclosure ICDS 1 - Accounting Policies “The Financial Statements have been prepared in accordance with the generally accepted accounting principles under the historical cost convention on. ‘accrual basis The entity follows the mercantile system of accounting and recognizes income and ‘expenditure on acerual basis ICDS IT Valuations of Inventories ICDS 1V - Revenue Recognition TFG are valued at lower of cost or Market Value Revenue or Income and Cost or Expenditure are ‘generally accounted for on acerual basis as they are ceamed or incurred except in case of significant uncertainties lease refer clause 18 of Form 3CD for the requisite ICDS IX - Borrowings Costs period ‘The amount of borrowing costs paid during the previous year are appropriately accounted inthe books of accounts ICDS X - Provisions, Contingent Liabilites and Contingent Assets Amsexure No.2 PROPERTY, PLANT & EQUIPMENT Provisions involving a substantial degree of estimation in measurement are recognized when there is a present obligation asa result of past events and i is reasonably certain that there will be an outflow of resources Contingent liabilities are not recognized Contingent assets are neither recognized nor disclosed in the financial statements SOG OF ASSET TATE On mAL PURCHASE TOTAL SALE per CLOAL, stHlr Ded Halt 0% 1,38,604 ° ° 1,58,664 o 15,866 142,798 rut ssc ooo 00 1580040 ‘ooo _1sse00—_—«aTORO ‘Mechinery & Plant (Casenng Machine 13% 9.396 0 ° 9.396 ° 1.409 7987 ASTOLOADER 15% 1,058,834 0 ° 105,834 ° 3875 999 Ax Condition 13% 97,124 0 ° 97,124 ° 4309 82555 COMPUTER 40% 24,706 o ° 24,706 ° 9,882 143824 ‘Bcwical Equipment 158% 118978 0 ° 118978 ° 17887 101,131 2D Camera 13% 2437 o ° 2437 ° 366 20m MOTOR CAR 13% ° o ° ° ° ° ° (Galou Pinter 13% 7851 o ° 7851 ° Lis. 66 NERTOR 15% 7203 o ° 7203 0 1,081 6122 Se Total 39.00 00 oo 3389.00 00 anor o1isaeo ‘TOTAL, $32,193 ° ° ° 07s 454,120 Page 1 of 6BEHARI IRON STORE Assessment Year : 2020-2021 Annexure No-3 ANNEXURE OF PAYMENTS MADE TO A PERSON SPECIFIED US 40A(2)8 = = Annexure No.4 ANNEXURE FOR LIABILITY INCURRED QUESTION NO. 26()(B\(A) SNe [Seton ature OF LAD Tigi 1 [See 438(a}ax dunjaesstees [TOS Pasar 725,704 te DURING THE PREVIOUS YEAR TO AND FORMING PART OF FORM NO.3CD Page 2 of 6BEHARI IRON STORE Asnexure No.5 {ON EXURE FOR LOANS & DEPOSITS IN EXCESS OF RS. 20000 Te [Nine ‘Address &PANNo. [Amountot —] Whetherthe | Maximum | Whether | InGae (ifavaitable withthe | LoawDepost amount thetoan or | the loan assessee)ofthelender taken or ‘outstanding | deposit was | oF or depositor accepted inthe taken or | deposite during the] account at | accepted by | was taken previous year | anytime | chequeor | or duringthe | bank deatt | accepted previous — | oruseot | bycheque year electronic} or bank tearing ara, system whether througha | the same bank taken account, | or accepted yan account payee cheque or am account payee bank drat 7 [Fullerton dia Cred | Ranpur~ 1723374 No Pa CaAS | Cheque ‘Account ‘AAACDITONC payee cheque 2 __[ Raj Kumari Jain Kanpur TH,S0,000) No T1-50000 | Cheque “Account payee cheque 3 _ | Sari Devi Gupta Kanpur 10,00,000) No T0,12,723 | Cheque “Account payee cheque |__| Behari iron and Steet [889 ARYA NAGAR 12,00,00q) No 6392416 | Cheque “Account Corporation KANPUR - payee AAWPGOS96P cheque 5 |ndia Tnfotine Finance | Kanpur- 2427,03] No 25,06,000 | Cheque “Agcount Limited payee cheque © _| Meenakshi Gupta Kanpar= ~_2,50,000) No 730,000 | Cheque “Account payee cheque > [Preeti Gupia Kanpor= 600,000) No 6.00,000 | Cheque ‘Account © [Preeti Gupia Kanpar= 70,00,00q] No 0,12,723 | Cheque 9 | United Perro Finance | Kanpar= T7928 No THA 308 | ie cheque TD _ | NRA Enterprises Kanpur 20,00,000) Ves 720,00,000 | Cheque Account payee cheque Page 3 of 6BEHARI IRON STORE Assessment Year : 2020-2021 1 [Shri Mahakleswar Kanpur 3,00,000) No 3,00.000 | Cheque Recount Dee | i cheque Annexure No-6 ANNEXURE FOR REPAYMENT OF LOANS & DEPOSITS IN EXCESS OF RS. 20000 SNe. [Name [Address & PANNo. [Amountot Maximum ‘Whether the Tease the itavaitabte with the | Repayment amount repayment was | repayment was assesse) ofthe payee outstanding in| made by ‘made by theaecountat | cheque orbank | cheque or bank, any time drattoruse ot | draft, whether during the ectronic the same was previous year | clearing ‘aken or system accepted by an througha bank | account payee account cheque or an Account payee bank draft 1 [United Petro Finance | Kanpur > 35,692 15,00,000 | Cheque ‘Account payee che 2” [Tata Capital Financ Mumbai - 650,521 14,95.248 | Cheque “Account | Service Limited AADCTO631L | payee cheque 3 | Betiari iron and Steel [8 89 ARYA NAGAR 74299 63,92,416 | Cheque ‘Account Corporation KANPUR - payee cheque AAWPGOS96P. 4 [Fullerton tndia Cred Kanpur - 40a 24,64,245 | Cheque ‘Recount |AAACDI707C yee cheque 5 | Mohit Gupta 8112 Arya Nagar 126,000) —31,92,302 | Cheque ‘Account ‘Kanpur - payee cheque |AHQPG49629 6] india tnfotine Finance | Kanpur - 85.873 25,00,000 | Cheque ‘Account si: payee cheque Annexure N ANNEXURE FOR DEDUCTION UNDER CHAPTER VIA ‘S.No._[ SECTIONNO. AMOUNT 1 80C 150,000 2 80D) 1329BEHARI IRON STORE ‘Assessment Year : 2020-2021. Annexure No.8 SNEXURE FOR TAX DEDUCTED AT SOURCE The ‘Tax deducted Section ] Nature | Total] Total] Total [Amount ot] Tota] Amountat | Amountor and collection of amount of Jamount on amount on | tax | amount on | tax tax ‘Account }Paymen|payment or| which tax | which tax | deductes | which tax | deducted or | deducted or Number(TAN) 1 [receiptor | was | was or was collected on | collected tho nature [required to | deducted | collected | deducted | (6) not specified | be or | outorye) | or deposited to in| deductea | cotectes collected the credit of columns) | or at collected | specitied than or rate out of ‘specified ‘out of (6) collected (5) and (8) a @ ol] alo @ | a @ @ co) co} T | RNPSOI9SIG —) TO4A interest | — 1765279 —t7es277 | 1765077 oT] eave 7 other than Interest on secu TNPSOIOSIG | THC [Payment] sas02q —s5esaa | —5BRDE 7 a q 7 sto contract [ors =I 3 KNPS039S4G 194H | Commis | ‘479709 479700 479700. 0 23989 0 sion ot brokera oe Page 5 of 6BEHARI IRON STORE ‘Assessment Year : 2020-2021 Annexure No.9 ‘STOCK ANNEXURE OF GOODS TRADED TEN NAME uN ‘OR STOCK] PURCHASE] TOTAL] SALES Ta Colour Coated 102-kogram 90275) 1369928] 1455203] 1987450] 7 pepe eet | MS Iara 7 Toa] Oa9aT 37003] — 7 ‘Ventilator Vent 107-mumbers 15] 5 Toa 703] | Structure 102-klogram T7000 9 Troo0} TH000 7 Sie Tube Black TOR Kogan 7 TRIE] 0878 TeR07 7 Ridge 10 -numbars 7] 3a 2 a5] 7 Provile 12 T-sqmete 5 Tis67 Tar T1367 i Polycarbonate shear 107-numbers % o 36 25 7 Base Piste ToE-koaram 7 3405 oy Tai 7 fs aE TR Sheet TOR logram aa Taino] 178551] 1731 7 TP Sheet 7 7] ia Tel 7 G PG Cshet 102-ilogranm 267376] 65730] 2927306 ara] o| s TC Sheet Gahanise [107 mumbers 7m 7 Toa aH 7 Fibre Shes TO7-numbers o 10 i160} 332 7 Fier and Phase Sheet —[107-numbers n 36 36 aj Fase 34220) 11230] 105470 Tio n DeecineG Sheet 1O2-ilogram 3581 a] 3981 q s CR Iron Sheet 102-kilogram 3610 11573] 17183 12902, | Comer 10T-numnbers 7 2 233 a ofie MIS. BEHARI IRON STORE ACE KANPUR YATE :-29-12-2020 DIN. :-200754S9AAAAFS1792 AUDITORS:As Per separate report of even date ¥ 122/1-E. SAROJINL NAGAR, KANPUR BALANCE SHEET AS ON 31.03.2020 AMOUNT AMOUNT ‘ASSETS AMOUNT AMOUNT _ NT FIXED ASSETS (As Per Annéxure"s"Annexed) 18983820.04 3771033.84 Add: Profit during the year 2240238.96 INVESTMENTS eT 7230- HDFC Franklin Slip 111000.00 ‘Less Drawings 1195520.00_ 481575280 ‘ CURRENT“ASSETS, LOANS & ADVANCES NIL CLOSING sTocK 28017249.00 13985495.68 LOAN & ADVANCE -9682798.00 Sulabha Ojha .600000.00 7506751.66 2283381.00- 3342842630 SUNDRY DEBTORS a (As Per Annexure"6" Annexed) 21676075.59 2421324057 CASH & BANK BALANCES Cash in hand 6073459.00 State Bank OF India 34974.98 Bank Of Baroda(SB A/c) 2789.84 6111223.82 ‘As Per Annexure"2"Annexed) 1227948442 SECURITY DEPOSIT Rent Security for Ispat Nagar 110000.00, VANCE FROM CUSTOMER JK Cotton Miils Lid 56368.00__166368.00 |AS Per Annexure"3*Annexed) 1565600,00 OTHER ASSETS THER LIABILITI GST Receivable, 690071.59 AAs Per Annexure"4"Annexed) 638404.36 GST Apeal Refundable 43690.00 Advance Income Tax 250000.00 TCS on Sale 65899.00 ‘TDS Receviable from Fullerton Credit Co, Ltd 2491.31 ‘TDS Receviable from Bajaj Finance Lid 119215.40 ‘TDS Recevibale from Tata Capital Finance Servic 30816.70 Prepaid Insurance 50568.00_1275172.00 TOOTS 7 a5)M/S. BEHARI IRON STORE (122/1-F, SAROJINI NAGAR, KANPUR, TRADING, PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING ON 31.03.2020 ARTICULAR: © Opening Stock © Purchases Unloading Charges Freight (I/w) Gross Profit eld Advertisement Expenses E: KANPUR. D: 29-12-2020 20075459AAAAFS1792 AMOUNT _ AMOUNT PARTICULARS, 29080606.76 By Sales 229509610.65, 426289.00 By Closing Stock 359469.00 8354931.60 267730907.01 82600.00 By Gross Profit b/d Audit Fee 20000.00 By Rebate & Discount Auto Loader Expenses 189308.00 By Round Off Bank Charges 279553,32 Brokerage & Commission 479700.00 Cartage 337282.00 Charity & Donation 1100.00 ‘Computer Maintanance Expenses 6018.00 Courier & Postage Expenses 2260.00, Cutting Charges 172344.04 Depreciation 78073.00 Discount 15474.58 Electricity Expenses 35847.00 GST Penality 43690.00 Handling Charges 6008.00, Insurance 20800.00 Interest 1873600.42 Interest (TDS) 4713.00 Interest to Bank 2548127.53 Interest (Land Loan) 839269.00 Internet Expenses 17800.00 Legal Fees 31237.00 Loader running exps 223273.00 Printing & Stationery Expenses 52853.15 Rent 504576.00 Repair & Maintanace Expenses 61642.00 Salary 819600.00 Shop Exps 193630.00 Telephone exps. 6166.00 Travelling Exps 166779,00 Vehicle Running and Maintanance Expenses 8406.00 Net Profit transferred to 2240238.96 Capital Ave. _TTA27465.00_ AUDITORS: As per our separate report of even date FOR SHARAD NIGAM & CO., AMOUNT AMOUNT 239713658.01 28017249.00 26773090701 835493 1.60 3072521.19 1621 T1427469.00 M/S. BEHARAIRON STOREBEHARI IRON STORE 122/1-F. SAROJINI NAGAR. KANPUR SSeS AROJINI NAGAR, KANPUR LIST OF UNSECURED LOAN AS ON 31.03.2020 S.No. Particular Amount 1 Radhey Shyam Bariwal HUF 1440400.00 Annexure"|" 2 Behari Iron Steel Corporation 3877627.00 3 Fullerton india cred 2464244.70 4 Manorama Beriwal 221600.00 5 Mohit Gupta 3066322.00 6 Bajaj FinanceLimited 2525345.00 7 — Tata Capital Fianace Service Ltd. 844727.00 8 Jaiswal Steels 1552238.20 9 India Infoline Finance Limited 2413126.67 10 Meenakshi Gupta 250000.00 Il Preeti Gupta 600000.00 12 Priti Gupta W/o Manoj Kumar 1012723.00 13 Raj Kumari Jain 1187856.00 14 Saroj Devi Gupta 1012723.00 15 United Petro Finance 1444308.00 16 Shri Mahakaleshwar Developers 300000.00 Total :- 2421324057 M/S. BEHARI IRON STORE Ne P RIETOBEHARI IRON STORE 122/1-F, SAROJINI NAGAR, KANPUR LIST OF SUNDRY CREDITOR AS ON 31.03 2020 Annexure" SNo. Particular Amount 1 Ashish Steel 643605.00_ 2 Bajrang Harware Store 1313037.00 3. Behari Lal Amrit Lal 730170.00 4 Chandra Stee! & Industries 215700.00 5 Deputy Project Manager U P State Bridge Corp. 43824.00 6 Kailash Industries 1554713.00 7 KR Steels 20311.00 8 Mohit Iron Traders 3590798.22 9 PL Enterprises 262821.00 10 RKH Ispat 808105.00 11 Rohit Hardware 616957.20 12 shri Raj Ratan Steels 708773.00 13. Storage World 370000.00 14 VR Traders 501628.00 15 Arvind Traders 28432.00 16 Awadh Foods Industries 49547.00 17 Daimond Stee! 71063.00 18 Guru Kripa Enterprises 300000.00 19 Shifa Traders 450000.00 Total :- 1227948442 BEHARI IRON STORE 122/1-F. SAROJINI NAGAR, KANPUR Annexure"3" LIST OF ADVANCE FROM CUSTOMER . Particular Amount. S.No. 1 Blue Star Engineers 4217.00 2 Gupta Iron & Fibre Store 26177.00 3 Paras Nath Singhal 6588.00 4 Ramani Industries 500000.00 5 Seetaram Surendra Kumar 22693.00 © — Shree Ganesh Agencies 450000.00 7 Subash Chand Paint Store 204450.00 8 Vanshika profile 191475.00 9 Yogesh Pandey 100000.00 Total :- ~1565600.00 MIS. BEHARAIRON STORE.BEHARI IRON STORE 122/1-F,SAROJINI NAGAR. KANPUR Annexure"4" LIST OF OTHER LIABILITIES AS ON 31.03.2020 eee 2 OF OTHER LIABILITIES AS ON 31.03.2020 S.No. Particular Amount Other Provision 1 Audit Fees Payable 20000.00 2 Legal Fees Payable 5000.00 3 Brokerage Payable 479700.00 4 TDS on Brokerage 23985.00 5 TDS on Interest 106873.36 6 TDS on Freight 2846.00 Total :- 38404. ——. M/S. BEHARI IRON STOREFUOLS NOU! IVA SW PO'OTSES681 O0'ELO8L $0'£6819061 00°0 00°0 00°0008 TL $0 €68Er681 I “87EL99 OO'8LIT 87 ISS 00°0 000 00°0 , ST Eser %*S1 JUL MO}OD Of 200°00L6ZS81 00°0 00°00L67S81 00°0 00°0 00 0008IT) = OOOO 11 8T %0 aeden iedsy puey 6 00107 00°99¢ O0'LEtT 00°0 00°0 00°0 00'LErT %*SI SHIRE) CIT Ta 00°L86L 00°60 00°96C6 00°0 00°0 000 00°96£6 “*S1 suryoeyy SuyMOD OS 719 00°1801 OS’ €0tL 00°0 00°0 000 OS €0TL %*S1 qouaau] 9 * PO'LOLTPI 00°998S1 PO'E998S1 000 00°0 00°0 0'E99851 01 amu, = ¢ *7VTETIOL 00'LP8L1 Tr8/6811 000 00°0 00°0 TI8L6811 %SI quouidinbg jeornsayy O8€78P1 00°7886 08'SOLbZ 00°0 00°0 00°0 08'SOL¢T Or sonduioy ¢ $0°6S668 00°SL8ST SO'PE8SO} 000 000 00°0 SO'PESSOL %S1 depeoT omy 7 “ST SSSTS 00°69S¢1 STHTILO 00'0 00°0 00°0 STHTILO %S 1 MOMIpUuoD AW FONV IVE ios ioe adag aga] DNV IVE i dad DNISOTD “ddd TW.LO.L wononped NOLLIGGV NOLLIGGV __ONINAdO [10 ALVY SUV TADLAVd ON'S Oc0T'€O' LE NO SV SLASSV GAXIA AO AINGaHOS” S, anxauuy UAdNVY “UVOWN INI[OUVS "A= 1/271 SRIOLS, sBEHARI IRON STORE 122/1-F,SAROJINI NAGAR, KANPUR ‘Annexure"6" LIST OF SUNDRY DEBTORS AS ON 31.03.2020 ‘SNo. Particular ae 2 es Bhushan Power &Steelbimied——SC~*~S~S~«STO- 2 Bhushan Power & Steel Limited 40295.00 3 Exodia Steels 397047.00 4 JS W Steel Coated Products Limited 3966106.02 5 Maa Tarini Associates 122197.00 6 Mohit Steels 422066.00 7» Om Shiv Sagar Steels 111599.00 8 Soni Sales coporation 29481.00 9 Steels Authority Of Indi 151213.69 10 Abdul Rahman Warsi 145580.00 11 Aftab Construction 16586.00 12 Agarhari Machinery Store 3673.71 13. AJ Traders 47189.00 14 Allied Builders and Promoters Pvt Ltd 19950.00 15 Amit Machinery Store 17868.00 16 Anand Sales Corporation 904387.00 17. Ansari Furniture & Plywood Company 261079.00 18 Aradhana Trading Co. 185413.00 19 Behari Iron Traders 295025.00 20. Chausariya Trading Company 63751.00 21 Deepak Iron Stores 207560.00 22 Durgesh 9004.00 23 Ganesh Ji Loha Bhandar 123880.00 24 Gyan Steels 600450.00 95 Hasnain Furniture 328538.00 26 . Jagdish [ron & Plastic Agencies 3657.00 27 Jain Iron Stores 5400.00 28 Kanha Steels 217023.00 29° Kanpur Pipe & Ispat 38693.00 30 Kesarwani Traders 38207.00 31 Maa Home Appliance 253736.00 32 Mahesh Soni Construction 338984.00 33. Mishri Lal Moti Lal 30494.00 34 New Prakash Deep Steels 34740.00 35 New Rohini Enterprises 1763.00 36 New Suneek Enterprises 4402.00 37 Pahalwan Iron Store 124299.00 38 Prem Iron Store 231,00 39 Prime Cutting ystem 218535.00 40 Promod Vikas Krishi Yantra 1557.00 41 Raj Steels 2011326.00 42 Ram Murti Agency 6449.00 43. Ram Narain Lohia Steel Traders 1604156.00 44 Ravi Traders 6009.00 45 Sai Traders 3482.00 46” Samarpan Steels & Company 19920.00 47 Sandeep Sanitory & Hardware Store 4842.00 48 Sangam Enterprises 48213.00 49 Sa.t Iron and Com. 444873.00 50. Sarika Infrastructure 24978.00 31 Shanker Traders 1657222.00 52 Shanti Steels 30140.00 53. Shivay Steels 5891.00 54 _ Shiv Prasad Krishna Kumar 1782.00 55 Shiv Steel Furniture and Bartan Store 71869.00Shree Vishnu Industries Shukla Iron Traders Shyama Steels Smart House SS Construction Star Sales Corporation Sulbha Enterprises reads Inida Ltd Trimurti Loha Bhandar Uma Kant Gufpta United Refrigration Works UP Steel Vanshika Profile P Ltd VIC Industries ijay Traders Vint Jain & Sons Vinod Iro. Store Vinod Kumar Vishnoi Vishwarkarma Enterprises V K Ispat Waris Traders 388951.00 2228.00. 100000.00 22668.00 944.00 646801.00 277132.00 144433.00 2256.00 29643.00 2586.00 14657.00 1562663.17 84928.00 83837.00 268875.00 1446655.00 113124.00 90528.00 2546.00 473625.00 Total :- 21676075.59 M/S BEHA! Na STORI - RIETOR