Name: Rajaram Chowdhary Status :Individual

Father's Name: Ruparam Chowdhary Accounting year: 31-03-2023

Address: No. 3 & 4, V.I. Complex, Thanisandra Assessment year : 2023-24
Main Road, Sarai palya, B'lore-77 PAN: ANKPR5387E / Ward 4(2)(1)
D.O.B : 05/07/1977

Capital Account for the year ended 31-03-2023

Particulars Amt(Rs.) Particulars Amt(Rs.)
To Income Tax (Firm) 70,375.00 By Balance b/f. 86,70,932.00
To PMSBY 20.00 By Interest from M/s.
To School Fees 2,40,762.00 Ambika Glass & Plywood,Blr 7,04,514.00
To School Tuition fees 2,90,000.00 By Remuneration from M/s.
To LIP 1,04,183.00 Ambika Glass & Plywood,Blr 96,000.00
To House Rent 1,39,150.00 By Share of Profit from M/s.
To Bank Charges 190.00 Ambika Glass & Plywood,Blr 2,24,468.00
To Drawings 1,60,750.00 By Bank Interest(SB) 84.00
To Balance c/f. 87,19,230.00 By Bank Interest(SB) 12.00
By Brokerage & Commission 28,650.00
97,24,660.00 97,24,660.00

Balance Sheet as on 31-03-2023

Liabilities Amt(Rs.) Assets Amt(Rs.)
Capital Account 87,19,230.00 Cash in hand 66,504.00
Pavani Bai, B'lore 5,00,000.00 Union Bank of India 5,524.00
Kamala Devi, B'lore 5,00,000.00
Ambika Glass & Plywood, Blr 58,99,289.00
Nandi Glass Plywood & H/w, Blr 11,38,255.00
Property( Half Share) at Bagalur 16,09,658.00
92,19,230.00 92,19,230.00
Statement of Total Income:
Income from Business:
Interest from Ambika Glass & Plywood(As partner) 7,04,514.00
Remuneration from Ambika Glass & Plywood,Blr(") 96,000.00 8,00,514.00

Income from Other Sources:

Bank Interest(SB) 84.00
Bank Interest(SB) 12.00
Brokerage & Commission 28,650.00 28,746.00
Gross Total Income 8,29,260.00
u/s. 80C Less: U/s. 80C 1,50,000.00
LIP 1,04,183.00 U/s. 80TTA 96.00 1,50,096.00
Tuition Fees 2,90,000.00 Total Income 6,79,160.00
3,94,183.00
Tax thereon 48,332.00
Add: Cess @ 4% 1,933.00
50,265.00
Add: Int U/s. 234B 3514.00
Int u/s. 234C 2536.00 6,050.00
56,315.00
Less: Paid U/s. 140A 56,320.00
Balance Nil