MD AL AMIN ASSESSMENT YEAR :: 2021-22
S/O- HATEM ALI PREVIOUS YEAR :: 2020-21
DHINGBARI PATHAR, KASHARI,RUPAHI D.O.B :: 31/12/1984
DIST. - NAGAON (ASSAM) , PIN - 782124 PAN :: AYLPA4193K
TRADING ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2021
PARTICULARS AMOUNT(RS) PARTICULARS AMOUNT(RS)
To Opening Stock 351,250.00 By Gropss Receipts 3,525,420.00
To Purchase 2,178,024.75 By Closing Stock 412,510.00
To Freight 116,950.00
To Gross Profit transferred to
Profit & Loss A/c 1,291,705.25
2,646,224.75 3,937,930.00
To Salary to Staff 296,520.00 By Gross Profit reansferred from
To Freight Charges & wages 195,250.00 Tarding A/c 1,291,705.25
To Mobile Charges 16,250.00
To Travelling & Convayance 65,250.00
To Shop Rent 72,000.00
To Shop Maintanance Expenses 45,210.00
To Printing & STationery 35,250.00
To Electric Charges 39,650.00
To Refreshment 25,620.00
To Misc. Expenses 44,141.00
To Shop Insurance 8,625.00
To Depreciation 31,689.25
To Net Profit t/s to Capital A/c 416,250.00
1,291,705.25 1,291,705.25
MD AL AMIN
Proprietor
MD AL AMIN ASSESSMENT YEAR :: 2021-22
S/O- HATEM ALI PREVIOUS YEAR :: 2020-21
DHINGBARI PATHAR, KASHARI,RUPAHI D.O.B :: 31/12/1984
DIST. - NAGAON (ASSAM) , PIN - 782124 PAN :: AYLPA4193K
BALANCE SHEET
AS ON 31ST MARCH 2021
LIABILITIES AMOUNT(RS) ASSETS AMOUNT(RS)
Proprietor's Capital Fixed Assets
Capital A/c as per Schedul "A" 1,077,166.00 Furniture & Fixture 165,250.00
Less:-Depn@10% 16,525.00 148,725.00
Electrical Equipements 44,485.00
Less:-Depn@15% 6,672.75 37,812.25
Electrical Fittings 32,040.00
Less:-Depn@10% 3,204.00 28,836.00
Machine Tools 35,250.00
Less:-Depn@15% 5,287.50 29,962.50
House Hold Goods (O.B) 156,250.00
Current Liabilities Current Assets
Sundry Payables 85,250.00 Stock in Trade 412,510.00
Sundry Receivables 165,250.00
Cash in Hand 175,820.00
Cash at Bank 7,250.25
1,162,416.00 1,162,416.00
MD AL AMIN
Proprietor
MD AL AMIN ASSESSMENT YEAR :: 2021-22
S/O- HATEM ALI PREVIOUS YEAR :: 2020-21
DHINGBARI PATHAR, KASHARI,RUPAHI D.O.B :: 31/12/1984
DIST. - NAGAON (ASSAM) , PIN - 782124 PAN :: AYLPA4193K
SCHEDULE "A"- CAPITAL ACCOUNT
AS ON 31ST MARCH 2021
PARTICULARS AMOUNT(RS) PARTICULARS AMOUNT(RS)
To Drwaing for Self 276,412.00 By Opening Balance 925,110.00
To LIC Premium Paid 0.00 By Net Profits t/d from P/L A/c 416,250.00
To Medical Expenmditure 0.00 By Interst on Savings Bank A/c 0.00
To House Rent paid 0.00 By Commssion 12,218.00
To Closing Balance 1,077,166.00
1,353,578.00 1,353,578.00
MD AL AMIN
Proprietor
MD AL AMIN ASSESSMENT YEAR :: 2021-22
S/O- HATEM ALI PREVIOUS YEAR :: 2020-21
DHINGBARI PATHAR, KASHARI,RUPAHI D.O.B :: 31/12/1984
DIST. - NAGAON (ASSAM) , PIN - 782124 PAN :: AYLPA4193K
COMPUTATION OF TAX PAYABLE INCOME AND TAX PAYABLE
PARTICULARS AMOUNT(RS)
INCOME UNDER THE HEAD BUSINESS & PROFESSION
NET INCOME FROM TRADING BUSINESS 416,250.00
0.00 416,250.00
INCOME UNDER THE HEAD BUSINESS & PROFESSION
SAVINGS BANK INTEREST 0.00
COMMISSION INCOME 12,218.00
SUNDRY RECEIPTS 0.00 12,218.00
GROSS TAXABLE INCOME 428,468.00
LESS:- DEDUCTION UNDER CHAPTER VI-A
SECTION 80 C 0.00
SECTION 80 D 0.00
SECTION 80 GG 0.00
SECTION 80 TTA 0.00 0.00
NET TOTAL INCOME 428,468.00
OR SAY ROUNDED OFF 428,470.00
TAX LIABILITY
TAX ON NET TOTAL INCOME 8,924.00
LESS:- REBATE U/S 87 A -8,924.00
GROSS TAX PAYABLE 0.00
ADD:- EDUCATION CESS @4% 0.00
0.00
ADD:- INTEREST U/S 234 0.00
ADD:- LATE FEE U/S 234 0.00
NET TAX PAYABLE 0.00
LESS:- TAX PAID / TDS DEDUCTED 0.00
NET TAX PAYABLE/REFUNDABLE 0.00
OR SAY ROUNDED OFF 0.00
MD AL AMIN
Proprietor
