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PAN : AABFU8294K

ASSESSMENT YEAR: 2010-2011

STSTUS : FIRM

M/s UDAYAKUMAR RICE MILL, ITO WARD : OLD CASE II(2)/ER

No.28, KASIPALAYAM,

KOOTHAMPALAYAM, PREVIOUS YEAR : 01.04.2009 T

UTHUKULI, DATE OF INCORPORATION : 23.

ERODE - 638 751.

TRADING, PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31.0

OPENING STOCK SALES

Stock in Hand 3115800.00 Rice 11916920

PURCHASES Bran 846450

Rice and Paddy Purchase 10244500.00

DIERECT EXPENSES CLOSING STOCK

Electricity Charges 521204.00 Stock in Hand

Kalam, Vekkadu, Aravu

Cooly Paid 875450.00

Wages 278542.00

GROSS PROFIT 1285374.00

16320870.00

INDIRECT EXPENSES GROSS PROFIT Bank Charges 75301.00

Bank Interest 586837.00

Salary 298500.00

Accounting Charges

Audit Fees Cell Phone Charges 6875.00

Depreciation

Postage and Telegramme 9875.00

Printing Stationery 4575.50

Telephone Charges 29900.00

Traveling Expenses 25745.00

General Expenses 19875.00 Interest on Capital

Partner Salary

NET PROFIT 227890.50

1285374.00

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BALANCE SHEET AS ON 31.03.2011

LIABILITIES ASSETS

CAPITAL ACCOUNT: FIXED ASSETS: God's Account 202.25 Building Account

S.Palanisamy 2114418.61 Palnt and Mechinery

P.Udayakumar 695760.67 Electrical Fittings

SECURED LOANS Van -

Indian Bank - CC A/c 2951664.26 CURRENT ASSETS:

Indian Bank Loan-1886 498612.00 Sundry Debtors

Indian Bank Loan-6216 575133.00 Closing Stock

Indian Bank Loan-6718 88126.00 DEPOSITS:

TATA Finance 675000.00 E.B.Deposit

TIIC Loan - 73T7577 7808.00 Sales Tax Deposit

CURRENT LIABILITIES TNETA Deposit

Sundry Creditors 95021.00 CASH AT BANK: Auditor Fees Payable 7000.00 Indian Bank, Chennimalai

E.B.Charges payable 15000.00 SBI, Chennimalai

CASH ON HAND :

Cash on Hand

7723745.79

COPY OF CAPITAL ACCOUNT OF PARTNER Sri.S.PALANISAMY :

CR DR

01.04.2009 Opening Balance 1786136.93

31.03.2010 Interest on Capital 214336.43

31.03.2010 Adj. of Income Tax

31.03.2010 Adj. of FBT

31.03.2010 Partner Salary

31.03.2010 Share of Profit - 50% 113945.25

2114418.61 0.0031.03.2010 Closing Balance 2114418.61

COPY OF CAPITAL ACCOUNT OF PARTNER Sri.P.UDAYAKUMAR :

CR DR

01.04.2009 Opening Balance 519478.42

31.03.2010 Interest on Capital 62337.00

31.03.2010 Adj. of Income Tax

31.03.2010 Adj. of FBT

31.03.2010 Partner Salary

31.03.2010 Share of Profit - 50% 113945.25

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695760.67 0.00

31.03.2010 Closing Balance 695760.67

DEPRECIATION STATEMENT :

I BLOCK II BLOCK

BUILDING PLANT AND

MECHINERY

Rate of Depreciation 10% 15%

W.D.V. as on 01.04.2009 301007 997336

Less: Depreciation 0 0W.D.V. as on 31.03.2010 301007 997336

DEPRECIATION STATEMENT :

III BLOCK

VAN

Rate of Depreciation 15%

Value as on 01.04.2009 798744

Less: Depreciation 0

W.D.V. as on 31.03.2010 798744

PAN : ADSPT5453H ASSESSMENT YEA

STATEMENT OF TOTAL INCOME

Smt.S.THAMIL SELVI, STATUS : INDIVIDUAL

Prop.: SANGAMAM HOME APPLIANCES, ITO WARD : OLD CASE /I(3)/EROD

No.39, V.S.Complex, PAN : ADSPT5453H

Muniappan Koil Street, Soolai, PREVIOUS YEAR : 01.04.10 To 31.

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Veerappan Chatram (Post), ASSESSMENT YEAR: 2011 - 2012

Erode - 638 004.

Father's Name : M.SENGODAN Date of Birth : 29.04.1978

COMPUTATION OF TOTAL INCOME FOR INCOME TAX

In Rupees

1. INCOME FROM BUSINESS AND PROFESSION:

a. Net Profit as per Profit and Loss account 0

--------

Total Taxable Income 0

(OR) Rounded Off 0

======

Income Tax on Total Income -19000

ADD: Educational Cess @2% -380

Sec. & Hr. Edu. Cess @ 1% -190-----

Total Tax Payable -19570

====

Income Tax Paid u/s 140A -19570

====

Signature

of the assessee

[ S.THAMILSELVI ]

=================================End of The year 2010 ====

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ODE

31.03.2010

06.2003

3.2011

12763370.00

3557500.00

Cash Flow

16320870.00 Op. Cash 46320.86 Increase of Stock 441700.00

1285374.00 N.P 227890.50

Closing Cash 167488.64

274211.36 274211.36

1285374.00

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301007.00

997336.00

49541.00

798744.00

1719634.00

3557500.00

172070.00

3000.00

8000.00

5142.00

2587.00

0.00

7614561.00

109184.79

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II BLOCK

ELECTRICAL

FITTINGS

15%

49541

049541

: 2011-2012

03.11

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