Rahul
Rahul
F.Y. 2012-13
PLACE : AHMEDABAD
DATE : 09.09.2013
(A. S. GUPTA)
PARTNER
M. No. 031630
FRN : 116882W
Address
Status
Assessment year
:
PART B
:
:
:
:
13
14
15
15
15
(b)
17
:
:
:
:
18
19
20
17
21
(i)(B)(a) paid on or before the due date for furnishing the return of
income of the previous year 139(1);
(ii) *State whether sales tax, customs duty, excise duty or any other
indirect tax, levy, cess, impost, etc., is passed through the profit and
loss account.
23
25
(iv) tax deducted but not paid to the credit of the Central
Government
*Please give the details of cases covered in (i) to (iv) above.
30
31
32
PLACE : AHMEDABAD
DATE : 09.09.2013
NO. 3CD
ule 6G(2)]
ART A
M/s. HINDPRAKASH OVERSEAS PVT. LTD.
204, Hindprakash House, Plot No. 10/6, Phase - I, G.I.D.C. Vatva, Ahmedabad - 382445.
AAB-CH-9997-F , Ward 4(3) Ahmedabad
PRIVATE LIMITED COMPANY
31ST MARCH, 2013
2013 - 2014
ART B
N.A.
N.A
Sector
Trading
N.A
N.A.
As Per Annexure - I
As Per Annexure - I
NIL
Mercantile system
NO
NOT APPLICABLE
NO
Sub-Sector
Wholesalers
Code
0203
NO
NOT APPLICABLE
NIL
NIL
NIL
NIL
NIL
As Per Annexure - II
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
Nil, In respect of payment made by cheque it is not possible for us to verify whether payment in excess of Rs.
20000/- have been made otherwise than by cross bank cheque/draft.
NIL
NOT APPLICABLE
NIL
NIL
NIL
NIL
As Per Annexure - IV
N.A.
NIL
As Per Annexure - V
As Per Annexure - V
As Per Annexure - V
As Per Annexure - V
NOT APPLICABLE
NOT APPLICABLE
NIL
NIL
As Per Annexure - VI
As Per Annexure - VI
Yes
1
2010-11
Unabsorbed Depreciation
Rs.8106
There is no such order.
No
NO
NIL
Yes
As Per Annexure - VII
NIL
NIL
NO
NO
NOT APPLICABLE
NOT APPLICABLE
N.A.
NO
NO
As Per Annexure - IX
(A. S. GUPTA)
PARTNER
M. No. 031630
FRN : 116882W
As Per Annexure - II
14
Particulars of depreciation allowable as per the Income-tax Act, 1961 in respect of each asset or
block of assets, as the case may be, in the following form :
A/D during the year with date of such alongwith put tu use date
Cost or A= Add
Rate % WDV of
asset D=Ded
uc-tion
Activa
15%
48814
Air Condition
15%
66001
A
Car
15%
207178
Computer
60%
30442
A
Eterno Honda
15%
9976
Furniture
10%
296550
A
Eureka Forbes
15%
11892
Patent & Trademark
25%
21095
TOTAL
691948
Description of
Asset
Date of
A/D
Particulars
Amount
51000
30.09.2012
Computer
21750
30.09.2012
31.03.2013
Furniture
96463
4944
174157
Depreciation
7322.1
13725.2
31076.7
31315.2
1496.4
39548.5
1783.8
5273.75
131542
WDV at
the end
of year
41491.9
41491.9
As Per Annexure - I
7(a)
If firm or Association of Persons, indicate names of partners/members and their profit sharing ratios.
Sr.No.
1
2
3
4
Name of Members
Ravikant Saboo
Saroj Saboo
Ankita Saboo
Mayank Saboo
Relatoinship
Self
Wife
Daughter
Son
As Per Annexure - II
Cash Book
Bank Book
Sales Register
Purchase Register
Stock Register
Journal Register
Ledger
Computer generated
(Yes/No)
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Manually Generated
(Yes/No)
No
No
No
No
No
No
No
Examined
(Yes/No)
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Particulars of each loan or deposit in an amount exceeding the limit specified in section 269SS taken or
accepted during the previous year :
Sr.No.
Name & Address of Lenders
PAN No.
Taken/accepted
other than A/c
payee chq.
Ankita Associates
1
100000
NO
NO
AABHJ0145A
1136667
NO
NO
AABHJ6520M
1705625
NO
NO
126700
YES
NO
9972
YES
NO
77410
NO
NO
Kamdar Associates
5
24 (b)
ABCPR3656E
Particulars of each repayment of loan or deposit in an amount exceeding the limit specified in section 269T
made during the previous year :
Sr.No.
PAN No.
Amount of
repayment
Maximmum
O/S
Ankita Associates
1
AABHJ0145A
700000
No
136667
No
F.Y.2012-13
ANNEXURE
PART - A
1
Address
: 204, Hindprakash House, Plot No. 10/6, Phase I, G.I.D.C. Vatva, Ahmedabad - 382445.
Status
Assessment year
: 2013 - 2014
PART - B
(ASHOKKUMAR GUPTA)
PROPRIETOR
M.NO. 031630
FRN : 100698W
PLACE : AHMEDABAD
DATE : 09.09.2013
CODE : 0203
2011-12
10000000.00
0.00
-1854311.00
0.00
2700022.00
14117687.00
24963398.00
75524841.00
6716031.00
246192.00
130412.00
40242.00
532445.00
10373.00
2404053.00
502000.00
ABHINAV A. AGRAWAL
(DIRECTOR)
SANJAY P. MANGAL
(DIRECTOR)
F.Y.2012-13
Particulars
NOTE
Shareholders funds
(a) Share capital
(b) Reserves and surplus
Non-current liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Long-term provisions
Current liabilities
(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions
1
2
ASSETS
Non-current assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
Current assets
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
PLACE : AHMEDABAD
10000000.00
(1854311.00)
8145689.00
0.00
25569007.00
33667.00
71988.00
25674662.00
2700022.00
0.00
44447.00
2744469.00
4
5
6
7
3083632.00
8967992.00
574460.00
988506.00
13614590.00
889995.00
12514424.00
152767.00
516054.00
14073240.00
51305008.00
24963398.00
190967.00
6170.00
197137.00
100.00
0.00
197237.00
70841.00
7515.00
78356.00
0.00
1346.00
79702.00
0.00
9432179.00
38181433.00
454126.00
3040033.00
51107771.00
0.00
2432710.00
20881370.00
456143.00
1113473.00
24883696.00
51305008.00
24963398.00
10
11
12
13
TOTAL
(ASHOKKUMAR GUPTA)
PROPRIETOR
M.NO. 031630
FRN : 100698W
10000000.00
2015756.00
12015756.00
As at
31.03.2012
Rs.
0.00
TOTAL
B
As at
31.03.2013
Rs.
21
ABHINAV A. AGRAWAL
(DIRECTOR)
SANJAY P. MANGAL
DATE
: 09.09.2013
(DIRECTOR)
F.Y.2012-13
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2013
Particulars
NOTE
CONTINUING OPERATIONS
15
116732617.00
0.00
116732617.00
75524841.00
0.00
75524841.00
Other income
16
311483.00
391041.00
TOTAL REVENUE
117044100.00
75915882.00
Expenses
(a) Cost of Goods Traded
(b) Employee benefits expense
(c) Finance costs
(d) Depreciation
(e) Other expenses
105576697.00
1900038.00
2186345.00
15094.00
2440846.00
68808810.00
1947010.00
618569.00
10373.00
2127067.00
112119020.00
73511829.00
4925080.00
2404053.00
TOTAL EXPENSES
17
18
19
8
20
Exceptional items
0.00
0.00
Extraordinary items
0.00
0.00
4925080.00
2404053.00
Tax
(a)
(b)
(c)
(d)
(e)
expense:
Tax expense for current year
(Less): MAT credit (where applicable)
Tax expense relating to prior years
Net current tax expense
Deferred tax
Net Tax Expense
1020000.00
0.00
0.00
1020000.00
35013.00
1055013.00
3870067.00
502000.00
0.00
(3622.00)
498378.00
4141.00
502519.00
1901534.00
(ASHOKKUMAR GUPTA)
PROPRIETOR
M.NO. 031630
FRN : 100698W
PLACE : AHMEDABAD
DATE : 09.09.2013
ABHINAV A. AGRAWAL
(DIRECTOR)
SANJAY P. MANGAL
(DIRECTOR)
F.Y.2012-13
PARTICULARS
NOTE :
2012-13
Rs.
2011-12
Rs.
SHARE CAPITAL
10000000.00
10000000.00
10000000.00
Particulars
Equity Shares of Rs. 10 each
Shares at the beginning of the year
Add: Shares issued during the year
Shares at the end of the year
As at 31st March,2013
No. of shares
Amount(Rs.)
held
1000000
1000000
10000000.00
10000000.00
10000000.00
10000000.00
NOTE :
2
RESERVES & SURPLUS
Profit & Loss Account
NOTE :
10.55
12.50
19.77
18.45
10.00
15.50
2015756.00
(1854311.00)
2015756.00
(1854311.00)
11200000.00
14369007.00
25569007.00
1000000.00
1700022.00
2700022.00
71988.00
71988.00
44447.00
44447.00
3083632.00
3083632.00
889995.00
889995.00
8838518.00
129474.00
8967992.00
12261451.00
252973.00
12514424.00
110.00
0.00
30843.00
223185.00
254138.00
112.00
56724.00
15951.00
79980.00
152767.00
320322.00
320322.00
574460.00
0.00
0.00
152767.00
SHORT-TERM BORROWINGS
Secured Loans
- From Banks (Book O.D.)
NOTE :
10.55
12.50
19.77
18.45
10.00
15.50
% of holding
LONG-TERM PROVISIONS
NOTE :
105500
125000
197740
184490
100000
155000
LONG-TERM BORROWINGS
Unsecured Loans
- From Directors, Shareholders and others
- From Inter Corporates
NOTE :
No. of shares
% of holding
held
TRADE PAYABLES
NOTE :
7
OTHERS CURRENT LIABILITIES
Service Tax Payable
VAT Payable
CST Payable
TDS Payable
NOTE :
NOTE :
10 NON CURRENT INVESTMENTS
Investment in Equity Instruments
NOTE :
11 INVENTORIES
(As taken, valued and certified by the Management)
Traded G (At cost or market value w.e. is lower)
NOTE :
59171.00
38673.00
929335.00
988506.00
477381.00
516054.00
100.00
100.00
0.00
0.00
9432179.00
9432179.00
2432710.00
2432710.00
2860146.00
35321287.00
38181433.00
1915030.00
18966340.00
20881370.00
103603.00
325.00
350523.00
454126.00
455818.00
456143.00
1950024.00
1090009.00
3040033.00
404733.00
708740.00
1113473.00
116134043.00
598574.00
75278649.00
246192.00
116732617.00
75524841.00
275610.00
1.00
35872.00
0.00
0.00
311483.00
7020.00
0.00
33222.00
52025.00
298774.00
391041.00
2432710.00
763330.00
36660077.00
56149665.00
12179767.00
104989509.00
7835480.00
248823.00
9432179.00
105576697.00
23257367.00
45546298.00
156570.00
68960235.00
2631731.00
1113776.00
2432710.00
68808810.00
1834714.00
17285.00
48039.00
1900038.00
1897132.00
15343.00
34535.00
1947010.00
1987352.00
119170.00
71964.00
7859.00
532445.00
75645.00
10479.00
0.00
12 TRADE RECEIVABLES
NOTE :
14 SHORT TERM LOANS & ADVANCES
(a) Balances with government authorities
(b) Advances Recoverable in Cash or kind
NOTE :
15 REVENUE FROM OPERATION (NET)
Sales
Sales - Services
NOTE :
16 OTHER INCOME
Interest on Fixed Deposit
Dividend
Interest income from Trade Receivable
Balance Written off
Export Incentives
NOTE :
17 COST OF GOODS TRADED
Opening Stock
Add : Purchase
Import
Local
Other Tax Free and OGS
Add : Direct Exps.
Less : Return
Less : Closing Stock
NOTE :
18 EMPLOYEES EMOLUMENTS
Salary, Wages & Bonus etc.
Contribution to P.F. & ESIC
Provision for Gratuity and privilege leave
EMPLOYEES EMOLUMENTS
NOTE :
19 FINANCE EXPENSE
Interest Expense
Bank charges
Foreign Bank Charges
Exchange Rate Difference (Buyer's Credit)
FINANCE EXPENSE
2186345.00
618569.00
NOTE :
20 OTHER EXPENSES
Administrative Expeneses :Remmuneration to Auditors
Conveyance
Balance Written Off
Lease Rent
Legal & consultancy Fees
Legal Expenses
Laboratory Expenses
Membership & Licence fees
Office Expenses
Postage & courier
Printing & stationery
Professional Taxes
Repairs & Maintanance
Telephone Expense
Warehousing Charges
OTHER EXPENSES
28090.00
189414.00
32381.00
8760.00
213391.00
16333.00
8001.00
10112.00
90333.00
20648.00
146923.00
2400.00
33447.00
37619.00
48701.00
886553.00
31695.00
241627.00
0.00
8112.00
57576.00
5667.00
54087.00
7170.00
36860.00
33574.00
16436.00
2400.00
12092.00
35319.00
27336.00
569951.00
762.00
657296.00
382926.00
133887.00
646939.00
456701.00
266057.00
108737.00
23927.00
114588.00
1554293.00
225277.00
0.00
13778.00
80534.00
1557116.00
2440846.00
2127067.00
F.Y.2012-13
ANNEXURES OF BALANCE SHEET & PROFIT & LOSS A/C.
2012-13
Rs.
2011-12
Rs.
SHARE CAPITAL
Authorised Share Capital
10,00,000(10,00,000) Equity Shares of Rs.10/- each
10000000.00
10000000.00
10000000.00
10000000.00
10000000.00
10000000.00
(1854311.00)
3870067.00
(3755845.00)
1901534.00
2015756.00
Secured Loans
From Banks
ING Vysya Bank
ICICI Bank Ltd.
(1854311.00)
(Book O.D.)
0.00
3083632.00
3083632.00
889995.00
0.00
889995.00
11200000.00
11200000.00
1000000.00
1000000.00
9469007.00
4900000.00
14369007.00
25569007.00
1300022.00
400000.00
1700022.00
3590017.00
31854.00
12593.00
27541.00
71988.00
31854.00
12593.00
0.00
44447.00
100.00
100.00
0.00
0.00
9432179.00
9432179.00
2432710.00
2432710.00
2010 - 11
2011 - 12
2012 - 13
No. of shares
10
CURRENT ASSETS
INVENTORIES
(As taken, valued and certified by the Management)
Traded Goods
(At cost or market value w.e. is lower)
F.Y.2012-13
SUNDRY DEBTORS
(Unsecured considered good)
More than six months
Domestic
Foreign
Others
Domestic
Foreign
2719110.00
141036.00
2860146.00
1244651.00
670379.00
1915030.00
35303763.00
17524.00
35321287.00
38181433.00
18929786.00
36554.00
18966340.00
20881370.00
103603.00
103603.00
a) Advances to Suppliers
Ambition Travels
Krishna Enterprise
BOB Custom Account
325.00
325.00
54398.00
54398.00
157005.00
0.00
111427.00
27693.00
350523.00
454126.00
0.00
44772.00
322211.00
34437.00
455818.00
456143.00
122829
1745724.00
81471.00
1950024.00
95113.00
234610.00
75010.00
404733.00
0.00
292500.00
5000.00
45.00
0.00
0.00
0.00
68305.00
365850.00
81779.00
382500.00
3360.00
0.00
40900.00
100000.00
12051.00
68305.00
688895.00
38200.00
19845.00
666114.00
724159.00
0.00
19845.00
0.00
19845.00
51107771.00
24883696.00
F.Y.2012-13
CURRENT LIABILITIES
Sundry Creditors for Goods
Domestic
Foreign
Sundry Creditors for Expenses
Ambition holidays
Paresh C. Shah
Liability towards Staff
Unpaid Telephone Expense
Provision for Expenses
Provision for Audit Fees
Provision for legal Fees
DEPB Export Incentive Reserve
Bonus Payable
8838518.00
0.00
8838518.00
4512841.00
7748610.00
12261451.00
17000.00
48457.00
0.00
2942.00
29481.00
28090.00
0.00
0.00
3504.00
129474.00
11065.00
0.00
99094.00
0.00
0.00
28090.00
28090.00
81780.00
4854.00
252973.00
8967992.00
12514424.00
110.00
0.00
346.00
112.00
2846.00
1127.00
198483.00
18730.00
5626.00
0.00
30843.00
254138.00
53229.00
11566.00
11212.00
56724.00
15951.00
152767.00
320322.00
320322.00
18380970.00
0.00
0.00
24928642.00
502000.00
(477040.00)
(24619.00)
341.00
502000.00
0.00
(24619.00)
477381.00
1020000.00
0.00
(91006.00)
928994.00
0.00
0.00
0.00
0.00
9372.00
7359.00
21942.00
20498.00
59171.00
988506.00
9372.00
7359.00
21942.00
0.00
38673.00
516054.00
Provisions
Provisions for Income Tax F.Y. 11-12
Provision for Income Tax F.Y. 11-12
Income Tax (F.Y. 2011-12)
TDS Receivable (F.Y. 2011-12)
Provisions for Income Tax F.Y. 12-13
Provision for Income Tax F.Y. 12-13
Income Tax (F.Y. 2012-13)
TDS Receivable (F.Y. 2012-13)
Provisions for Leave Encashment
Leave Encashment
2009 - 10
2010 - 11
2011 - 12
2012 - 13
F.Y.2012-13
ANNEXURE TO PROFIT & LOSS ACCOUNT
I N C O M E
Sales
Sales - Domestic
Highseas Sales
Domestic Sales
Sales - Export
Indirect Export Sales
Exchange Rate Difference
Less: Sales Return
Local
OGS
549670.00
117620.00
DEPB Sales
Sales - Services
Commission Income
Other Income
Interest on FDR
Dividend
Interest Others
Balance Written off
Export Incentives
Duty Drawback Incentive
DEPB Incentive
E X P E N S E S
Cost of Goods Traded
Opening Stock
Add :Purchase
Import
Auxiliary Import
Exchange Rate Difference
Pigment Import
Screen
Dyes - H Form
Intermediate
Intermediate - Form H
0.00
116770827.00
116770827.00
6951848.00
62720063.00
69671911.00
0.00
30506.00
30506.00
4551057.00
315855.00
4866912.00
667290.00
0.00
0.00
739826.00
598574.00
116732617.00
246192.00
75524841.00
275610.00
1.00
35872.00
0.00
311483.00
7020.00
0.00
33222.00
52025.00
92267.00
0.00
311483.00
117044100.00
15027.00
283747.00
298774.00
391041.00
75915882.00
2432710.00
763330.00
36660077.00
2806870.00
588978.00
7095150.00
6574774.00
410000.00
1805804.00
3975791.00
23257367.00
0.00
0.00
20807517.00
383170.00
2777130.00
11410210.00
0.00
1282050.00
0
Local
Auxiliary Local
Pigment Local
Dyes - Local
Intermediate - Local
Screen Local
Rate Difference
Packing Material - Local
6774874.00
43259861.00
2012950.00
653250.00
3411830.00
(55000.00)
91900.00
7582877.00
31132052.00
6551399.00
211860.00
49500.00
35030.00
56149665.00
18610.00
45546298.00
F.Y.2012-13
Others
Other - Tax Free
OGS Purchase
Purchase Licence Local DEPB
3559000.00
8620767.00
0.00
12179767.00
104989509.00
0.00
156570.00
0.00
156570.00
68960235.00
9010.00
187432.00
2880387.00
3791723.00
5278.00
441577.00
171711.00
348362.00
7835480.00
18185.00
0.00
978984.00
1282918.00
0.00
181592.00
146162.00
23890.00
2631731.00
248823.00
0.00
248823.00
1086900.00
26876.00
1113776.00
9432179.00
587188.00
2432710.00
68808810.00
151602.00
157456.00
1521652.00
500.00
3504.00
1834714.00
167415.00
174942.00
1549921.00
0.00
4854.00
1897132.00
17285.00
17285.00
15343.00
15343.00
20498.00
27541.00
48039.00
21942.00
12593.00
34535.00
1900038.00
1947010.00
28090.00
189414.00
32381.00
8760.00
213391.00
31695.00
241627.00
0.00
8112.00
57576.00
16333.00
8001.00
10112.00
90333.00
20648.00
146923.00
2400.00
48701.00
5667.00
54087.00
7170.00
36860.00
33574.00
16436.00
2400.00
27336.00
33447.00
12092.00
Employees Emoluments
Salary, Wages & Bonus etc.
Conveyance Allowance
House Rent Allowance
Salary Expenses
Staff Welfare Expense
Bonus Expenses
Contribution to P.F. & ESIC
Company's Contribution P.F
Provision for Gratuity and privilege leave
Leave Provision
Gratuity to Staff
Employees Emoluments
Administrative Expenses
Remmuneration to Auditors
Conveyance
Balance Written Off
Lease Rent
Legal & consultancy Fees
Legal Expenses
Legal Expense
Filing Fees
Laboratory Expenses
Membership & Licence fees
Office Expenses
Postage & courier
Printing & stationery
Professional Taxes
Warehousing Charges
Repairs & Maintanance
Computer
Vehicle
14085.00
2248.00
1180.00
32267.00
Telephone Expense
Administrative Expenses
37619.00
886553.00
F.Y.2012-13
35319.00
569951.00
F.Y.2012-13
Selling & Distribution Expenses
Export Expenses
Certificate of origin Application expenses
Clearing & Forwarding Expenses
CT-1 issue Expenses
DEPB Application Fees
Export Expense
Insurance Expenses
Sea/ Air Freight
POE Issue Expenses
Travelling Expenses
Travelling - local
Travelling - Foreign
Sales Promotion Expneses
Business Promotion
Fare Participation Expenses
Gift Expense
Sales Commission
Sample Expenses
Kasar & Vatav
575.00
103778.00
690.00
609.00
780.00
2768.00
23127.00
1560.00
133887.00
561121.00
96175.00
657296.00
442648.00
204291.00
646939.00
15816.00
100210.00
120044.00
123478.00
20988.00
2390.00
382926.00
22063.00
245732.00
0.00
130412.00
9591.00
48903.00
456701.00
266057.00
212615
12662
225277.00
108737.00
23927.00
114588.00
1554293.00
0.00
13778.00
80534.00
1557116.00
1987352.00
532445.00
119170.00
71964.00
7859.00
2186345.00
75645
0
75645.00
10479.00
0.00
618569.00
267926.00
(1,869.00)
Cash Discount
Loading unloading Expenses
Advertisement Expense
Selling & Distribution Expenses
Financial Expenses
Interest Expense
Bank charges
Bank Charges
Bank Charges - Buyer's Credit
0.00
562.00
0.00
200.00
0.00
0.00
0.00
0.00
762.00
94909
24261.00
Description
of Asset
F.Y.2012-13
FIXED ASSETS
Op. Bal.
`
Gross Block
Add.
Dedu.
`
`
Total
`
Op.Bal.
`
Depreciation
Add.
Dedu
`
`
Net Block
Total
`
31.03.2013
31.03.2012
Tangible Assets
Computer
Office Equipments
Total
48025.00
47460.00
95485.00
0.00
133875.00
133875.00
0.00 48025.00
0.00 181335.00
0.00 229360.00
22456.00
2188.00
24644.00
7785.00
5964.00
13749.00
8300.00
0.00
0.00
8300.00
785.00
1345.00
8300.00
33775.00
0.00
44100.00
0.00
0.00
8300.00
77875.00
785.00
9581.00
103785.00
133875.00
0.00 237660.00
25429.00
0.00 30241.00
0.00
8152.00
0.00 38393.00
17784.00
173183.00
190967.00
25569.00
45272.00
70841.00
2130.00
6170.00
7515.00
1345.00
5475.00
0.00 2130.00
0.00 15056.00
6170.00
62819.00
7515.00
24194.00
15094.00
0.00 40523.00
197137.00
78356.00
Intangible Assets
Computer Software
Total
Previous year
TOTAL
0.00
F.Y.2012-13
DEPRECIATION
Net block as on 31/3/2013
Net block as per I.T. Act
197137
41492
155645
48094
3504
20498
27541
1500
0
1500
49594
1083
6334
8510
15927
33667
33667
1346
(35013)
21
F.Y.2012-13
NOTES ON ACCOUNTS
Method of Accounting
The financial Statement are prepared in accordance with the generally accepted accounting
standards in India. The company has followed these accounting policies consistently. The financial
statements are prepared under accrual basis of accounting.
(B)
Use of Estimates
The prepration of financial statements requires estimates and assumptions to be made that affect
the reported amount of assets and liabilites on the date of the financial statement and the
reported amount of revenue and expenses during the reporting period. Difference between the
actual results and estimates are recognized in the period in which the results are
known/materialized.
(C)
Fixed Assets
Fixed Assets are stated at their acquisition cost including incidental exp less accumulated Dep.
(D) Inventories
Traded Goods
(G) Sales
Sales are accounted at realized value and as per date of bill of lading.
(H) Depreciation
Depreciation has been provided on the Written Down Value method in accordance with provision of
Section205 (2) (b) at the rates prescribed in Schedule XIV of the Companies Act, 1956 on prorata
basis with respect to the period of use.
(I)
Retirement Benefits
Company's contribution to provident funds and Employee's State Insurance are charged to profit &
loss account. Gratuity and other retirement benefits are being accounted for on cash basis.
(J)
Revenue recognition
Revenue in respect of Insurance, Interest, Commission and other claims etc, is recognized only
when it is reasonably certain that the ultimate collection will be made.
(K)
Contingent Liabilities
Contingent Liabilities are disclosed by way of notes to the accounts. Provision is made in the
accounts in respect of those liabilities which are likely to materialise after the year end till the
finalization of accounts and have material effect on the position stated in the accounts.
(2)
No provision has been made for doubtful debts and advances. In the opinion of the management, it
will be realised in due course. In the opinion of the Board, the current assets, loans & advances are
approximately of the value stated if realized in the ordinary course of business. The provision of all
known liabilities are adequate and not in excess of the amount realized necessary.
(3)
F.Y.2012-13
(4)
Provision for tax has been made in the books of accounts as per related provision of the Income
Tax Act, 1961
(5)
(6)
Auditor's Remuneration
(including service tax, as applicable)
No
Particulars
1 Statutory Auditor
2 Tax Auditor
TOTAL
31.03.2013 31.03.2012
25000
25000
25000
25000
50000
50000
(7)
Estimated amount of contracts remaining to be executed on capital accounts and not provided for
Rs. NIL Lacs.
(8)
B)
Opening Stock
Purchase
Sales
Closing Stock
2012-2013
Qty.
Amt.
Mtrs.
Rs.
9375
2432710
487842
112576166
458012
116134043
39205
9432179
Schedule VI to the
2011-2012
Qty.
Amt.
Mtrs.
Rs.
5100
763330
293171
71591966
288896
74538823
9375 2432710.00
(9)
Expenditure in foreign currency incurred during the year :- Rs. 51315 (1000 USD)
(10)
(11)
2012-13
NIL
2011-12
47.72
2012-2013
Rs.
9628
(35013)
(25385)
2011-12
Rs.
5487
4141
9628
F.Y.2012-13
(12)
None of Employee employed through the year and in receipt of remuneration which in aggregate
was not less than Rs. 24,00,000/- per annum and if employed for the part of the year then not less
than Rs. 2,00,000/- per month.
(13)
(ASHOKKUMAR GUPTA)
PROPRIETOR
M.NO. 031630
FRN : 100698W
PLACE : AHMEDABAD
DATE : 09.09.2013
ABHINAV A. AGRAWAL
(DIRECTOR)
SANJAY P. MANGAL
(DIRECTOR)
Closing Stock
Cl.Stock as per
Closing Stock
Statement
Quantity
Auxiliary
Amount
Basic Chemical
Quantity
Amount
6,600.00
675,387.00
242,999.00
39,665,433.00
(25.00)
39,650.00
(2,950.00)
Dyes
Quantity
-
5,669,297.00
-
Amount
Quantity
Pigment
Amount
Quantity
Screen
Amount
PM
Quantity
25.00
4,625.00
2,410.00
1,144,780.00
340.00
607,918.00
11,315.00
2,031,236.00
184,552.00
48,052,357.00
9,535.00
17,313,931.00
###
(809.00)
(245,873.00)
625.00
###
249,574.00
40,337,870.00
39,650.00
5,669,297.00
11,340.00
2,035,861.00
186,153.00
48,951,264.00
9,875.00
17,921,849.00
625.00
223,988.00
39,152,219.00
39,285.00
6,191,941.00
11,340.00
2,364,096.00
175,496.00
52,395,042.00
8,920.00
16,638,260.00
385.00
(25.00)
(8,000.00)
(325.00)
67.00
223,730.00
(21,580.00)
39,130,639.00
25,844.00
25,844.00
###
39,260.00
6,183,941.00
390.00
3,761,980.00
390.00
###
11,340.00
2,364,096.00
37,350.00
(1,119.00)
###
174,377.00
(637,710.00)
51,757,332.00
11,776.00
11,776.00
###
8,920.00
955.00
92,735.00
92,735.00
59,775.00
Quantity
2,432,710.00
488,676.00
112,824,989.00
(834.00)
115,008,876.00
459,414.00
116,801,333.00
(1,469.00)
###
67.00
385.00
59,775.00
240.00
1,632,330.00
240.00
458,012.00
39,205.00
33,600.00
(248,823.00)
497,217.00
###
16,638,260.00
Amount
9,375.00
955.00
3,966,919.00
Total
Amount
39,205.00
(667,290.00)
116,134,043.00
9,432,179.00
F.Y.2012-13
2010-11
Sales
Increase in stock
116732617.00
0.00
116732617.00
75524841.00
0.00
75524841.00
727.95
0.00
727.95
105576697.00
0.00
105576697.00
68808810.00
0.00
68808810.00
668.79
0.00
668.79
11155920.00
9.56%
6716031.00
8.89%
59.16
8.13%
4925080.00
4.22%
2404053.00
3.18%
27.54
3.78%
9432179.00
9432179.00
2432710.00
2432710.00
7.63
7.63
Gross Profit
Gross Profit %
Net Profit before Tax
Net Profit before Tax %
Stock in
Trade
Stock in Trade/Turnover
0.08
Times
Average
0.03
Times
0.01
Times
Purchase
Trading(Kgs)
230.76
244.14
128.77
Sales
Trading(Kgs)
Profit/Loss
Profit %
253.60
22.83
9.00%
266.60
22.46
8.42%
135.89
7.12
5.24%
Month
Qty
16,680.000
39,800.000
42,840.000
17,465.000
29,725.000
33,047.000
59,380.000
63,735.000
45,125.000
34,899.000
55,425.000
50,555.000
Purchase
Avg. rate
428
204
200
282
437
262
145
174
162
163
180
229
488,676.000
9,375.000
488,676.000
497,217.000
39,205.000
214
259
17
232
232
Opening Qty
9,375.000
4,256.000
23,041.000
17,971.000
6,411.000
13,956.000
21,361.000
30,501.000
44,786.000
44,951.000
28,792.000
32,562.000
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Total Stock - A
Opening Stock - B
Direct Expense
Net Stock
Value of closing stock
As per their books of a/c
104,661,339
2,432,710
8,163,650
115,506,522
9,107,559
9,432,179
(324,620)
Product
Auxiliary
Chemical
Dyes
Pigments
PM
Screen
Opening
6,600.000
25.000
2,410.000
340.000
Purchase
242,999.000
39,650.000
11,315.000
184,552.000
625.000
9,535.000
Sales Return
325
25
1,119
-
Sale
223,988.000
39,285.000
11,340.000
175,496.000
385.000
8,920.000
Total
9,375.000
488,676.000
488,676.000
1,469
1,469
459,414.000
Total Stock - A
Purchase Return
Qty
Amount
200.000
92,800
50.000
7,750
180.000
78,270
150.000
25,500
74.000
12,015
90.000
16,244
90.000
16,244
-
Amount
7,143,378
8,115,072
8,565,554
4,931,648
13,002,048
8,652,169
8,626,551
11,089,962
7,306,208
5,674,534
9,970,490
11,583,726
Qty
16,480
39,800
42,840
17,415
29,725
32,867
59,230
63,661
45,125
34,809
55,335
50,555
Total
Avg
439
204
200
284
437
266
146
174
162
163
180
229
Amount
7,236,178
8,115,072
8,565,554
4,939,398
13,002,048
8,730,439
8,652,051
11,101,977
7,306,208
5,690,778
9,986,734
11,583,726
Qty
21,749.000
21,015.000
47,910.000
28,975.000
22,180.000
25,702.000
50,240.000
49,575.000
44,960.000
51,058.000
51,905.000
44,145.000
248,823
487,842
215
104,910,162
459,414.000
25
809
-
Consumption
67.000
-
Closing
25,844.000
390.000
11,776.000
240.000
955.000
834.000
67.000
39,205.000
834.000
Purchase Ret
Sale
Avg.
274.308
296.341
192.756
288.604
635.287
297.917
207.199
237.238
245.823
188.876
236.679
229.051
Amount
5,965,931
6,227,610
9,234,942
8,362,314
14,090,665
7,657,066
10,409,659
11,761,078
11,052,197
9,643,613
12,284,805
10,111,453
Consumption
Qty
67
Sale Return
Qty
Amount
150.000
16,350
240.000
280,920
150.000
16,830
199.000
67,990
90.000
18,850
340.000
125,350
300.000
141,000
116,801,333
67
1,469.000
Amount
39,152,219
6,161,435
2,364,096
52,395,042
59,775
16,638,260
Consumptio
n
Qty
67
-
116,770,827
67
667,290
Closing Qty
4,256.000
23,041.000
17,971.000
6,411.000
13,956.000
21,361.000
30,501.000
44,786.000
44,951.000
28,792.000
32,562.000
39,205.000
39,205.000
Auxiliary Qut
value
Avg
102
675,387
Purchase
less return
242,974.000
144
35,045,449
Direct Exp
242,974.000
19
Net Stock
Value of
closing
stock
249,574.000
162
25,844.000
161.63
4,177,085
Chemical
Qut
Avg
1,144,780
185,361.000
253
46,804,833
4,617,033
Direct Exp
185,361.000
1,001,651
40,337,869
Net Stock
187,771.000
261
48,951,264
11,776.0
260.70
3,069,963
Direct Exp
39,650.000
315,553
Net Stock
Value of
closing
stock
39,650.000
143
5,669,297
390.000
142.98
55,764
Qut
Avg
Purchase
less return
11,315.000
178
2,012,950
Direct Exp
11,315.000
18,286
Net Stock
Value of
closing
stock
11,340.000
180
2,035,861
179.53
TOTAL VAL
39,205.000
9,071,624
Stock as pe
39,205.000
9,432,179
Direct Exp
625.000
835
Net Stock
625.000
148
92,735
148.38
35,610
240.000
.
Avg
Qut
91,900
1,788
607,918
9,535.000
1,554
14,822,040
Direct Exp
9,535.000
261
2,491,891
Net Stock
9,875.000
1,815
17,921,849
955.000
1,814.87
1,733,202
140
Value
340.000
op
147
1,709
(360,555)
Difference
Product
625.000
Screen
4,625
337
Value
Value
185
Avg
-
op
5,353,744
25.000
Qut
PM
39,650.000
op
Purchase
less return
Dyes
Value
475
op
Value
135
Avg
2,410.000
op
Qut
Pigments
6,600.000
op
Opening Qty
Purchase
Value of Op.
Stock
Auxiliary
Chemical
Dyes
Pigments
PM
Screen
6,600
25
2,410
340
675,387
4,625
1,144,780
607,918
Qty
242,999
39,650
11,315
184,552
625
9,535
Total
9,375
2,432,710
488,676
Purchase Return
Avg. rate
144
135
178
255
147
1,554
Amount
35,048,399
5,353,744
2,012,950
47,050,706
91,900
14,822,040
214
104,379,739
Qty
25
809
834
Amount
2,950
###
###
245,873
###
###
248,823
Total
Qty
242,974
39,650
11,315
183,743
625
9,535
487,842
Sale
Avg
144
135
178
255
147
1,554
Amount
35,045,449
5,353,744
2,012,950
46,804,833
91,900
14,822,040
Qty
223,988
39,285
11,340
175,496
385
8,920
213
104,130,916
459,414
Avg.
175
157
208
299
155
1,865
Sale Return
Qty
325
25
###
1,119
###
1,469
Amount
21,580
8,000
637,710
-
667,290
Closing
Qty
25,844
390
11,776
240
955
39,205
Direct
Expense
4617033
315553
18286
1001651
835
2491891
8,445,249
Avg rate
161.63
142.98
179.53
262.96
148.38
1,814.87
Valuation of
stock
Amount
4,177,085
55,764
3,096,647
35,610
1,733,202
9,098,307
9,432,179
(333,872)