ALKA KUMARI SINHA

KHARAUNA DIH, MUZAFFARPUR-843113

ASST.YEAR : 2020-21 PAN No : JFTPS5467E

DOI :
PREV YEAR : 31ST MARCH 2020 STATUS : INDIVIDUAL
COMPUTATION OF TOTAL INCOME
Particulars Amount Amount

INCOME FROM BUSINESS

Profit as per Profit & Loss A/c 446,250.00

TOTAL 446,250.00
GROSS TOTAL INCOME 446,250.00
Less : Deduction under Chapter VI -A
U/s 80C 14,625.00 -
U/s 80D 5,000.00 19,625.00
NET TAXABLE INCOME 426,625.00
TAX POSITION
Tax Payable before Cess -
Add :Education Cess 3% -
Interest U/s-234A/234b/234c -
TAX , Surcharge& Cess Payable -
Less : TCS -
Less : Advance Tax Paid -
Less: Self Assessment Tax Paid -
BALANCE TAX PAYABLE/REFUNDABLE -
REFUND -
 ALKA KUMARI SINHA
KHARAUNA DIH, MUZAFFARPUR-843113

COMPUTATION OF TOTAL INCOME

Amount
C/f

426,625.00

SAY
 ALKA KUMARI SINHA
KHARAUNA DIH,
Muzaffarpur-843113
BALANCE SHEET AS AT 31ST MARCH 2020

LIABILITIES Amount (`) ASSETS Amount (`)

Capital A/c : Fixed Assets(Note-3) 172,837.50

Capital(Note-1) 642,535.00 Other Assets 75,776.12
Investments
Deposits 150,000.00

Current Liability Loans and Advances(Note-4) 100,000.00

Other Current Liabilities(Note-2) 170,000.00
Current Assets
Sundry Debtors 215,600.00
Closing Stock 35,262.00

Cash & Bank Balances

Bank Balance 14.00
Cash in hand 63,045.38

812,535.00 812,535.00
-
In Terms of our report of even date annexed herewith

ALKA KUMARI SINHA

 ALKA KUMARI SINHA
KHARAUNA DIH,
Muzaffarpur-843113
TRADING , PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2020

Particulars Amount (`) Particulars Amount (`)

To Opening Stock of Finished Goods 24,500.00 By Sales & Services 935,452.00

To Purchases 315,250.00 By Closing Stock of Finished Goods 35,262.00
To Installation 5,620.00
To Gross Profit 625,344.00
970,714.00 970,714.00
To Salary to Staff 135,800.00 By Gross Profit B/d 625,344.00
To Rent 58,000.00 By Other income 64,641.00
To Telephone Charges 1,250.00
To Accounting Charges 5,000.00
To Printing & Stationary 623.00
To General Expenses 6,000.00
To Bank Charges and Interest 2,568.00
To Tea & Tiffin 2,500.00
To Conveyance 8,560.00
To Depreciation Charges 19,914.00
To Provision for Income Tax 3,520.00
To Net Profit 446,250.00
689,985.00 689,985.00
-
In Terms of our report of even date annexed herewith

ALKA KUMARI SINHA

 As At
Note : 1 Capital 31st March 2020
`

Opening Capitals 698,741

Add: Profit (Trasfered from P/L A/c) 446,250
1,144,991
Less:- LIP (23,890)
Less:- Drawings (478,566)

Total 642,535

As At
Note : 2 OTHER CURRENT LIABILITIES 31st March 2020
`

Sundry Creditors For Goods 165,000

Ofice Rent Payable 5,000
Total 170,000

As At
Note : 4 LOANS AND ADVANCES 31st March 2020
`

Advance Against Purchase 100,000

Total 100,000
 ALKA KUMARI SINHA

Note : 3 Fixed Assets

COST
01.04.2019 RATE CHARGE 31.3.2020
PARTICULARS THE YEAR
` ` `
TANGIBLE ASSETS
FURNITURE AND FIXTURES 166,500 10% 16,650 149,850

CCTV 12,750 15% 1,913 10,838

MOBILE 13,500 10% 1,350 12,150

Total 192,750 19,914 172,838