Scribd Logo
Upload

Welcome to Scribd!

  • 2 views

    2024-25 (1)

    Uploaded by

    optimus sales distribution

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    2024-25 (1)

    Uploaded by

    optimus sales distribution
    2 views3 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2 views3 pages

    2024-25 (1)

    Uploaded by

    optimus sales distribution

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 3

    M/S.

    THE SHOE HUB


    PROP: UMAR KHAIYUM MISTRY
    (WHOLE SALE & RETAIL FOOTWEAR & GARMENTS)
    BUSINESS ADDRESS VILL -AMTALA ADARSHA PALLY, P.O.-CHANDI, P.S.-BISHNUPUR
    DIST-SOUTH 24 PARGANAS, PIN-743504, WEST BENGAL
    RESIDENCE ADDRESS VILL -MIRPUR P.O.-CHAK ENAYETNAGAR, P.S.-BISHNUPUR
    DIST-SOUTH 24 PARGANAS, PIN-743504, WEST BENGAL
    TRADING AND PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024.
    Dr. Cr.
    Particulars Amount. (Rs.) Particulars Amount. (Rs.)

    To Opening Stock 396,780.00 By Sale 3,378,965.00


    To Purchase 2,259,046.00
    To Carriage Inward 19,640.00
    To Labour Charges 524,780.00 By Closing Stock 550,450.00

    To Gross Profit C/d 729,169.00

    3,929,415.00 3,929,415.00
    To Accounting Charges 1,500.00 By Gross Profit B/d 729,169.00
    To Staff Salary 108,000.00
    To Bonus 9,000.00
    To Trade Licence 500.00
    To Printing & Stationery 9,250.00
    To Conveyance 19,450.00
    To Mobile Charges 7,149.00
    To Subscription & Donation 2,694.00
    To Tea & Tiffin 15,141.00
    To Electricity Charges 18,623.00
    To Legal Charges 1,740.00
    To Miscelleneous expenses 5,699.00
    To Depreciation
    Plant & Machinery 27,636.00
    Furniture & Fixture Rs. 2,916.00
    Electric & Fittings Rs. 1,382.00
    Mobile Phone Rs. 1,704.00 33,638.00

    To Net Profit 496,785.00


    (Transferred to Capital Account)

    729,169.00 729,169.00
    M/S. THE SHOE HUB
    PROP: UMAR KHAIYUM MISTRY
    (WHOLE SALE & RETAIL FOOTWEAR & GARMENTS)
    BUSINESS ADDRESS VILL -AMTALA ADARSHA PALLY, P.O.-CHANDI, P.S.-BISHNUPUR
    DIST-SOUTH 24 PARGANAS, PIN-743504, WEST BENGAL
    RESIDENCE ADDRESS VILL -MIRPUR P.O.-CHAK ENAYETNAGAR, P.S.-BISHNUPUR
    DIST-SOUTH 24 PARGANAS, PIN-743504, WEST BENGAL

    BALANCE SHEET FOR THE YEAR ENDED 31 ST MARCH 2024.


    LIABILITIES Amount. (Rs.) ASSETS Amount. (Rs.)
    CAPITAL ACCOUNT FIXED ASSETS
    As Per Last Account Rs. 837,208.00 Plant & Machinery
    Add: Net Profit during This Yea Rs. 496,785.00 (As Per Last Account) Rs. 184,237.00
    Add: S.B. Interest Received Rs. 108.00 Less: Depreciation @ 15% Rs. 27,636.00 156,601.00
    Rs. 1,334,101.00
    Less: Drawings Rs. 300,000.00 Furniture & Fixture
    1,034,101.00 (As Per Last Account) Rs. 29,160.00
    Less: Depreciation @ 10% Rs. 2,916.00 26,244.00

    Electric & Fittings


    SECURED LOAN NIL (As Per Last Account) Rs. 9,212.00
    Less: Depreciation @ 15% Rs. 1,382.00 7,830.00

    Mobile Phone
    UNSECURED LOAN NIL (As Per Last Account) Rs. 11,361.00
    Less: Depreciation @ 15% Rs. 1,704.00 9,657.00

    CURRENT LIABILITIES INVESTMENT NIL


    Sundry Creditors 24,000.00

    CURRENT ASSETS
    Sundry Debtors 242,115.00

    Closing Stock (As valued & certified by the 550,450.00


    Proprietor)

    Cash at Bank
    S.B. A/c No.258104000179409 126.94
    IDBI Bank, Amtala Br.

    SB. A/c No.923010054172451 24,245.84


    Axis Bank, IFSC:UTIB0000440

    Cash in hand 40,831.22

    LOANS & ADVANCES:-


    Tax Deducted at Source NIL

    1,058,101.00 1,058,101.00
    M/S. THE SHOE HUB
    PROP: UMAR KHAIYUM MISTRY
    (WHOLE SALE & RETAIL FOOTWEAR & GARMENTS)

    BUSINESS ADDRESS VILL -AMTALA ADARSHA PALLY, P.O.-CHANDI, P.S.-BISHNUPUR


    DIST-SOUTH 24 PARGANAS, PIN-743504, WEST BENGAL

    RESIDENCE ADDRESS VILL -MIRPUR P.O.-CHAK ENAYETNAGAR, P.S.-BISHNUPUR


    DIST-SOUTH 24 PARGANAS, PIN-743504, WEST BENGAL
    COMPUTATION OF TAXABLE INCOME AND INCOME TAX OF MR.UMAR KHAIYUM MISTRY A
    RESIDENT INDIVIDUAL FOR THE ASST. YEAR 2024-2025
    RELATING TO THE PREVIOUS YEAR 2023-2024.

    PAN NO: GFGPM948 4B AADHAAR NO: 4111 0683 8531

    NET PROFIT ASPER PROFIT & LOSS ACCOUNT Rs. 496,785.00


    INCOME FROM BUSINESS AND PROFESSION Rs. 496,785.00
    ADD: INCOME FROM OTHER SOURCES
    PROFIT ON MUTUAL FUND Rs. 8.00
    SAVINGS BANK INTEREST RECEIVED Rs. 60.00 Rs. 68.00

    GROSS TOTAL INCOME Rs. 496,853.00

    LESS : DEDUCTION UNDER CHAPTER VIA 9U/S 80C TO U/S 80U)


    LIC U/S 80C Rs. -
    MEDICLAIM U/S 80D Rs. -
    SAVINGS BANK INTEREST RECEIVED U/S 80TTA Rs. 60.00 Rs. -

    TOTAL TAXABLE INCOME Rs. 496,853.00

    TOTAL INCOME ROUNDED OFF U/S 288A Rs. 496,850.00

    STATEMENT OF INCOME TAX


    UPTO FIRST Rs.3,00,000.00 TAX PAYABLE Rs. NIL
    NEXT Rs. 3,00,001.00 TO Rs. 4,96,890.00 OF TAXABLE INCOME, INCOME TAX @ 5% Rs. 9,843.00
    TAX PAYABLE Rs. 9,843.00
    LESS: REBATE U/S 87A Rs. 9,843.00
    TAX PAYABLE AFTER REBATE Rs. NIL
    NET TAX PAYABLE Rs. NIL
    LESS: SELF ASSESSMENT TAX PAID Rs. NIL
    TAX REFUNDABLE Rs. NIL

    You might also like