PAN:ATEPR7608E/WARD:II(4)SLM/ASST.

YEAR:2013-2014
K.RAJENDHIRAN,S/O.KUPPUDAIYAR,3/1068,C.THALAVANKADU ST,
AVATHIPALAYAM,PALLIPALAYAM,AGRAHARAM PO-638008
TOTAL INCOME STATEMENT FOR THE YEAR ENDED 31-03-2013
STATUS: INDIVIDUAL

DATE OF BIRTH:20-03-1964

INCOME FROM HOUSE PROPERTY:

S.F.No:115/6.sq.ft 2160
Purchased on 20.2.1997
Kalianoor Village.
Building Finished on 2006. 800 sq.ft
Used for Residence

Nil

INCOME FROM BUSINESS:

Net Profit as per P&L a/c
Add: Depreciation as per Books

209577
41947
251524

Less: Depreciation as per Income Tax

Looms and Machineries (10 No.)
WDV
272780
40917
TVS XL Purchased on 02.01.2009
WDV
5397
810

231863 @15%

34779

4587 @15%

688
216056

INCOME U/S 44AD

Turnover
3234234 @ 8%

258739

Whichever is Higher offered as Income

INCOME FROM OTHER SOURCES:
SB Interest
LESS:

TOTAL INCOME
DEDUCTION U/S 80C
LIC Premium paid

LESS:Deduction U/s 80TTA

Tax on the above
Add: Education Cess 3%
Add: Interest U/s 234A
140A TAX PAYABLE

258739
77
258739
9762
248977
77
248900
4890
147
5037
151
5188

PAN:ATEPR7608E/WARD:II(4)SLM/ASST.YEAR:2013 - 2014
K.RAJENDHIRAN,S/O.KUPPUDAIYAR,3/1068,C.THALAVANKADU ST,
AVATHIPALAYAM,PALLIPALAYAM,AGRAHARAM PO-638008
TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2013
PARTICULARS
To Opening Balance
- Cloth-Lunghi
To Purchase
- Yarn
To Cartage
To Electricity expenses
To Factory Workers wages
To Weaving Cooly
To Gross Profit

AMOUNT

PARTICULARS

201440.00 By Sales
- Cloth-Lunghi
3104122.00 By Closing Stock
-Yarn & Cloth-Lunghi
19460.00
43350.00
220250.00
256640.00
379112.00
4224374.00

To Salary
To Bonus including Workers
To Stationary
To Telephone
To Travelling Expenses
To Audit Fees
To Bank Commission
To General Expenses
To Depreciation
To Net Profit

AMOUNT

3234234.00

990140.00

4224374.00

36000.00 By Gross Profit

43750.00
806.00
7710.00
26500.00
6000.00
337.08
6485.00
41946.53
209577.39

379112.00

379112.00

379112.00

PAN:ATEPR7608E/WARD:II(4)SLM/ASST.YEAR:2013 - 2014
K.RAJENDHIRAN,S/O.KUPPUDAIYAR,3/1068,C.THALAVANKADU ST,
AVATHIPALAYAM,PALLIPALAYAM,AGRAHARAM PO-638008
STATEMENT OF AFFAIRS AS ON 31.03.2013
LIABILITIES
CAPITAL ACCOUNT :
K.Rajendhiran
Due to R.Maheswari - (Wife)
SUNDRY CREDITORS

For Trade -as per details

For Expenses -as per details

AMOUNT

ASSETS

Fixed Assets -as per Details

989366.71 Looms and Machineries (10 No.)
Less : Depreciation @ 15%
92250.00 TVS XL
Less : Depreciation @ 15%
Closing Stock
Sundry Debtors
1324870.00 Bank Balance
12180.00 Indian Overseas Bank SB A/C:3737
City Union Bank Current A/c:129849
Cash in Hand
2418666.71

AMOUNT
444200.00
272779.80
40916.97
6863.75
1029.56

1850
22453.92

231862.83
5834.19
990140.00
712650.00

24303.92
9675.77
2418666.71

K.RAJENDHIRAN,S/O.KUPPUDAIYAR,3/1068,C.THALAVANKADU ST,
AVATHIPALAYAM,PALLIPALAYAM,AGRAHARAM PO-638008
ASSESSMENT YEAR 2013 - 2014

DETAILS FOR SUNDRY CREDITORS :

FOR LOAN :
R.Maheswari - (Wife)

0.00

FOR TRADE :
Dhanalakshmi Textiles
Rajamani Tex
Sri Prema Fabrics,Pallipalayam
Sugam Agencies
Sun Star Textiles
Traders and Traders
Yuvaraj Tex
Thilaga Traders,Pallipalayam

FOR EXPENSES :
Accountant Fees
Audit Fees Payable

SUNDRY DEBTORS
J.K.Lungie Handloom, Erode
Balaji Textiles, Erode

92800
283500
91550
74100
91100
79000
520220
92600
1324870

0.00
12180.00
12180.00

412650
300000
712650

600448

DATE
01.04.2012
14.09.2012
31.03.2013
31.03.2013
31.03.2013
31.03.2013
31.03.2013

CAPITAL ACCOUNT OF MR.K.RAJENDHIRAN

ASSESSMENT YEAR 2013 - 2014
PARTICULARS
CREDIT
By Opening Capital
906346.33
To I.T paid for Year 2012
To LIC Premium paid
To Drawings
By Interest on SB A/c
77.00
By Income for the year
209577.39
To Balance c/d
1116000.71

DEBIT
8872.00
9762.00
108000.00

989366.71
1116000.71

K.RAJENDHIRAN,S/O.KUPPUDAIYAR,3/1068,C.THALAVANKADU ST,
AVATHIPALAYAM,PALLIPALAYAM,AGRAHARAM PO-638008
DETAILS FOR FIXED ASSETS
Vaccant Land Purchased
S.F.No:115/6.sq.ft 2160 Purchased on 20.2.1997
Kalianoor Village.
Cost of the Land
45500.00
Stamp Paper & Reg.Fee
6200.00
Building Constructed in 2006
800 sq.ft
285500.00
337200.00
Vaccant Site Purchased
S.F.No:115/6.sq.ft 1080- Purchased on 06.10.2011
Kalianoor Village.
Cost of the Land
40000.00
Stamp Paper & Reg.Fee
3250.00
Other Expenses
750.00
44000.00
44000.00
Vacant Land Purchased
S.F.No:115/6.sq.ft 1443- Purchased on 03.10.2011
Kalianoor Village. Pallipalayam
Cost of the Land
50000.00
Stamp Paper & Reg.Fee
4925.00
Other Expenses
8075.00
63000.00
63000.00
444200.00