TAX AUDIT REPORT -U/S 44AB-shubhlaxmiltd.in/image/catalog/pdfs/TaxAuditreport201617.pdf ·...

- TAX AUDIT REPORT - U/S 44AB-

SHUBHLAXMI JEWELLERS D &I EXCELUSSHOP NO.1

WAGHAWADIROAD,OPP.HOMESCHOOL BHAVNAGAR-364001

ASHOK BAJAJ & CO. CHARTERED ACCOUNTANTS

216, PUNIT SHOPPING CENTER, RANAVAV CHOWK, M. G. ROAD, JUNAGADH - 362 001. (GUJARAT)

Mo.No. +9199240 12630 E-MAIL : [email protected] Website : http://ashokbajajco.icai.org.in/

- - - - - -- - - - --- ------- - - - -- --- - - - -- -- -- --- - -- - - - -- - --- --- --- -- - - -- - -- - - -- - - - -- - - - -- -- --- -- - - - - --- -- - -- - -- -- - - - - - --- --- - -- - -- --- - - - - ----- -- - - --- --- --- - - --- - - - - - --- -- --- -- - --- -- - - - - - - - - -- ---- --- --- - - - - - ------ - -- - --

t ! I

I I ~

t t [. I i

i

' / ·· (" (! __ -_ •. ·.:., \. ·, ~.,. ' t'·. t ,_ .. l. 11··. • ~- - ' }, : : ; l ., } • \ i. , ·' J- · , )· f' "· ,t ' \.>. "' ·., <·

AUDIT REPORT UNDER SECTION 44AB OF THE INCOME TAX ACT, 1961 IN THE CASE OF PERSON REFERRED TO IN CLAUSE (b) OF SUB-RULE (1) OF RULE 6G

1 We have examined the Balance Sheet as on 31st March 2017, and the Profit and Loss Account for the period beginning from 01/04/2016 to ending on 31/03/2017 attached hPrPIMith nf

SHUBHLAXMI JEWELLERS D & I EXCELUS SHOP NO.l


PAN: ACJFS8889E 2 We certify that the balance sheet and the profit and loss account / income and expenditure

account are in agreement with the books of account maintained at the head office at BHAVNAGAR and NIL branches.

3 (a) We report the following observation/ comments/ discrepancies/ inconsistencies; if any ;

NOTES ON ACCOUNT ATTACHED AND FORMING PART OF OUR AUDIT REPORT (b) Subject to above, "'

(A) We have obtained all the information and explanations, which to the best of our knowledge and belief, were necessary for the purpose of the Audit.

(B) In our opinion, proper books of account have been kept by the head office and the branches of the assessee so far as appears from our examination of the books.

(C) In our opinion and to the best of our information and according to the explanations given

to us, the said accounts, read with notes thereon, give true and fair view:

(i) In the case of the balance sheet, of the state of the affairs of the assessee as at 31st March, 2017 and;

(ii) In the case of the profit and loss account / income and expenditure account of the nrnfit / lnc;c; or c:;11rnh 1c; / rlP.fir:it nf thP. r1c;c;pc;c;pp fnr thP. vP.r1r Pnrf Prl nn thP. rlr1tP.

4 The Statement of particulars required to be furnished under section 44AB is annexed herewith in Form No. 3CD.

5 In our opinion and to the best of our information and according to explanations given to us, the particulars given in the said Form No. 3CD and the Annexure thereto are true and correct subject to following observation/qualification, if any :

PLACE : JUNAGADH

DATE : 30/10/2017

AS PER OUR REPORT OF EVEN DATE FOR ASHOK BAJAJ & CO. CHARTERED ACCOUNTANTS FIRM REG. NO.130915W

:j_-.. _, ..• ,.-.. ~· :. _._ .... ._;:.;. !c,.,,' •. \ :._ : •. _;._ • ..,_- - -.'· ,::. ... . ,~--· _, _·- · ,. ·

f

I ?. .

SHUBHLAXMI JEWELLERS D & I EXCELUS SHOP NO.1

WAGHAWADIROAD,OPP.HOMESCHOOL BHA.VNAGAR-364001

STATEMENT ON SIGNIFICANT ACCOUNTING POLICIES & NOTES ON ACCOUNTS YEAR ENDED AS ON 31ST MARCH, 2017

1 We have carried out this Tax Audit assignment u/s 44AB of the Income Tax Act, 1961, and compliance with provisions of other statues or acts is not considered.

2 These accounts have been prepared on historical cost basis.

3 Accounting policies are consistent and are in consonance with generally accepted Accounting Principles.

4 Fixed assets are stated at cost of acquisition and subsequent improvement thereto including taxes, duties, freight and other incidental expenses related to acquisition and installation.

5 Depreciation on Fixed Assets has been provided as per the rates specified in the second column of appendix I of Rule 5 (1) (2) under section 32 (1) (ii) of the Income Tax Act 1961.

6 Investment are stated at cost. Gains/Losses on disposal of investments are recognized as income / expenditure when realized. l _7 Revenue is recognise on completion of sale of goods.

8 Balances of sundry debtors & debit balances and sundry creditors & credit balances are subject to confirmation by them.

9 There are no material items in the financial statements relating to prior period.

10 There is no extra ordinary items in Profit and Loss Account

11 No provision is made for liabilities, which are contingent in nature.

12 The particulars furnished above have been given with reference to the items and details appearing in the books of account which are audited.

13 All the expenses and incomes related to the year under audit for which the practicable / realisable estimation basis are available and having a material effect on the financial statements are accounted for on accrual basis.

**************************

FOR: SHUBHLAXMI JEWELLERS

~-µ PARTNER

,,

1

2

3

4

5

6

7

8

FORM N0.3CD [See Rule 6 G (2)]

Statement of Particulars to be furnished under section 44AB of the Income Tax Act, 1961

Name of the assessee

Address

Permanent Account Number

PART A

Whether the Assessee is liable to pay Indirect Taxs like Excise Duty, Service Tax, Slaes Tax, Custome Duty etc. If yes, please furnish the registration number or any other indentification number alloted for the same

Status

Previous year ended

Assessment year

Indicate relevant clause of section 44AB under which the audit has been conducted

PART B

SHUBHLAXMI JEWELLERS

D & I EXCELUS SHOP NO.1 WAGHAWADIROAD,OPP. HOMESCHOOL BHAVNAGAR-364001

PAN : ACJFS8889E

TIN NO. - 24140301992 CST NO. - 24640301992 Central Excise Registration No.AO FS8889EEM00 1

PARTNERSHIP FIRM

From 01/04/2016 to 31/03/2017

2017-18

44AB(a) - As Turnover Exceeds Rupees One Crore.

9 (a) If firm or Association of persons, indicate : Narendrabhai J. Chauhan 50% names of partners / members and their profit Jitendrabhai J. Chauhan 50% sharing ratios.

(b) If there is any change in the partners/ members or : No any change made during the year.

in their profit sharing ratio since the last date of

the preceding year, the particulars of such change.

10 (a) Nature of business or profession.( if more than one business or profession is carried on during the previous year, nature of every business or profession )

Trading & Manufacturing in Gold Ornament, Gold Bar, Silver ornaments, Gold Jewellery and Diamond Jewellery.

(b) If there is any change in the nature of business or No any change made during the year. profession, the particulars of such change.

11 (a) Whether books of account are prescribed under : No books of A/cs. are prescribed u/s 44AA section 44AA. If yes, list of books so prescribed.

(b) List of Books of Account maintained and the address at which the Books of Account are kept

3CD1

Computerised Books of Account : (In case books of account are maintained in a : computer system, mention the books of account generated by such computer system. If the books of account are not kept at one location, please furnish the addresses of location along with the details of books of account maintained at each location)

Cash Book, Bank Register, General Ledger, Journal, Purchase Register, Sales Register All the Books are Kept at Office Address :- D & I EXCELUS SHOP NO.1 WAGHAWADIROAD,OPP.HOMESCHOOL BHAVNAGAR-364001

( c) List of books of account and nature of relevant : As Above documents examined.

12 Whether the profit and loss account includes any NIL profits and gains assessable on presumptive basis, if yes, indicate the amount and the relevant section. (44 AD, 44 AE, 44 AF, 44 B, 44 BB, 44 BBA, 44 BBB, Chepter XII - G, First schedule or any other relevat section).

13 (a) Method of accounting employed in the previous year Mercantile System of Accounting

(b) Whether there has been any change in the No any change made during the year. method of accounting employed vis-a-vis the method employed in the immediate preceding previous year.

( c) If answer to ( b ) above is in the affirmative, give details of such change, and the effect thereof on the profit or loss.

Serial Number

Paticular Increse in Profit (Rs.)

NIL

(d) Details of deviation, if any, in the method of : No deviation accounting employed in the previous year from accounting standards prescribed under section 145 and the effect thereof on the profit or loss.

(e) If answer to (d) above is in affirmative, give details of such adjustments:

!CDS ICDS-I Accounting Policies ICDS-II valuation of Inventories !CDS-III Construction Contracts ICDS-IV Revenue Recoqnition ICDS-V Tangible Fixed Assets ICDS-VI Chanqes in Foreiqn Exchanqe Rates ICDS-VII Government Grants ICDS-VIII Securities ICDS-IX Borrowinq Costs ICDS-X Provisions, Contingent Liabilities &

Continqent Assets Total

(f) Disclosures as per !CDS

!CDS ICDS-I Accountinq Policies !CDS-II valuation of Inventories

3CD2

Increase in Decrease in NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL

NIL NIL

DISCLOSURE

Net Effect NIL NIL NIL NIL NIL NIL NIL NIL NIL

NIL

NIL

Decrease in Profit (Rs.)

ICDS-III Construction Contracts ICDS-IV Revenue Recoqnition ICDS-V Tangible Fixed Assets ICDS-VI Chanqes in Foreign Exchange Rates As per notes on accounts atteched ICDS-VII Government Grants ICDS-VIII Securities ICDS-IX Borrowinq Costs ICDS-X Provisions, Contingent Liabilities &

Continqent Assets

14 (a) Method of valuation of closing stock employed in Inventories are valued at Cost or Market Price the previous year. wichever less and in some Brands at MRP.

(b) In case of deviation from the method of valuation prescribed under section 145A, and the effect thereof on the profit or loss, please furnish:

15 A Give the following particulars of the capital asset converted into stock-in-trade :-

(a) Description of capital assets (b) Date of acquisition ;

Serial Number

Paticular Increse in Decrease in Profit (Rs.) Profit (Rs.)

NIL

(c) Cost of acquisition; Nil - Not Applicable

(d) Amount at which the asset is converted into stock-in-trade.

16 Amounts not credited to the profit and loss account, As per the Information and explanations given to being :- us.

(a) the items falling within the scope of section 28: NIL

(b) the Performa credits, drawbacks, refunds of : NIL duty of customs or excise, or service tax, or refund of sales tax or value added tax where such credits, drawbacks or refunds are admitted as due by the authorities concerned :

(c) escalation claims accepted during the previous year: NIL

(d) any other item of income:

(e) capital receipt, if any.

17 Whether any land or building or both is transferred during the previous year for a consideration less than value adopted or assessed or assessable by any authority of a State Government referred to in section 43CA or SOC, Please furnish:

3CD3

NIL

NIL

Details of Property

Consideratio Value adopted or

n received assessed or assessable

or accured

NIL

18 Particulars of depreciation aliowabie as per the As per Annexure - II Income-tax Act, 1961 in respect of each asset or block of assets, as the case may be, in the following form:-

(a) Description of asset/ block of assets.

(b) Rate of depreciation.

(c) Actual cost or written down value, as the case may be.

(d) Addition / deductions during the year with dates, in the case of any addition of an asset date of put to use, including adjustment on account of,

As per Annexure - II

(i) Central Value Added Tax credit claimed NIL and allowed asunder the Central Excise Rules, 1944, in respect of assets acquired on or after 01.03.1994

(ii) Change in rate of exchange of currency, and NIL

(iii) Subsidy or grant or reimbursement by : NIL whatever name called.

(e) Depreciation allowable.

(f) Written down value at the end of the year.

19 Amounts admissible under section-



Section Amount debited to profit and loss

account

Amount admissible as per the provisions of the Income Tax Act, 1961 and also fulfils the

conditions, if any specified under the conditions, if any specified under the relevant 14 provisions of Income tax Act, 1961 or Income tax Rules,

1962 or any other guidelines, circular, etc. issued in this behalf.

32AC 33AB

33ABA 35(1)(i)

35(1)(iv) 35(2AB) 35ABB 35AC NIL - Not Annlicable

3CD4

----35AD

35CCA

35CCB

35CCC 35CCD

35D 35DD

35DDA 35E

20 (a) Any sum paid to an employee as bonus or commission for services rendered, where such sum

---- --.--.---------

was other wise payable to him as profits or dividend. No such amount paid [ Section 36 (1) (ii) ].

(b) Details of contribution from employees for various funds as referred to in section 36(1)(va):

Serial Nature of Sum received from Due date for The actual The actual date of payment to the numbe fund employees payment amount paid concerned authorities

r

NIL

21 (a) Please furnish the details of amounts debited to the profit and loss account, being in the nature of capital, personal, advertisement expenditure etc.

Nature Serial Number Particular

Donation

Expenditure incurred at clubs being cost for club services and facilities NIL - Not Applicable used. Expenditure by way of penalty or fine for violation of any law for the NIL - Not Applicable time beinq force Expenditure by way of any other penalty or fine not covered above Expenditure incurred for any NIL - Not Applicable purpose which is an offence or which is prohibited by law

(b) Amount inadmissible under section 40(a) :-

(i) as payment to non resident referred to in sub clause (i) :-

(A) Details of payment on which tax is not deducted : Not Aplicable

(I) Date of Payment (II) Amount of Payment (III) Nature of Payment (IV) Name and Address of Payee

3CD5

Amount in Rs.

120223

(B) Details of payment on which tax has been : Not Aplicable

deducted but has not been paid during the previous

year or in the subsequent year before the expiry of

time prescribed under section 200(1) :

(I) Date of Payment (II) Amount of Payment (III) Nature of Payment (IV) Name and Address of Payee (V) Amount of Tax Deducted

(ii) as payment referred to in sub clause (ia) :-

(A) Details of payment on which tax is not deducted

(I) Date of Payment (II) Amount of Payment (III) Nature of Payment (IV) Name and Address of Payee

Not Aplicable

(B) Details of payment on which tax has been Not Aplicable deducted but has not been paid on or before the due date specified in sub section (1) of section 139 :

(I) Date of Payment (II) Amount of Payment (III) Nature of Payment (IV) Name and Address of Payee (V) Amount of Tax Deducted (V) Amount out of (V) Tax deposited, if any

(iii) under sub clause (ic) (Whether applicable) :-

(iv) under sub clause (iia) :-

(v) under sub clause (iib) :-

(vi) under sub clause (iii) :

(I) Date of Payment (II) Amount of Payment (III) Name and Address of Payee

(vii) under sub clause (iv) :-

(viii) under sub clause (v) :-

3CD6

Not Aplicable

Not Aplicable

Not Aplicable

Not Aplicable

Not Aplicable

Not Aplicable

- ( c) Amount debited to profit and loss account being, NIL Interest, salary, bonus, commIssIon or remuneration inadmissible under section 40 (b) / 40 (ba) and computation thereof.

(d) Disallowances/deemed income under section 40 A (3) :

: NIL

(A) On the basis of the examination of books of account and other relevant documents/evidence,

whether the expenditure covered under section 40 A (3) read with rule 6DD were made by account

payee cheque drawn on a bank or account payee cheque drawn on a bank or account payee bank

draft. If not, please furnish the details : A Certificate has been Obtained from Assesee.

Serail Date of Nature of payment Amount Name and Permanent Acccount

number Payment Number of the payee, if availale NIL

(B) On the basis of the examination of books of account and other relevant documents/evidence, whether the payment referred to in section 40 A (3A) read with rule 6 DD were made by account payee cheque drawn on a bank or account payee bank draft if not, please furnish the details of amount deemed to be the profit and gains of business or profession under section 40 A 93 A) :

Serail Date of Nature of payment Amount number Payment

NIL

(e) Provision for payment of gratuity not allowable NIL under section 40 A (7) :

(f) Any sum paid by the assessee as an employer NIL not allowable under section 40 A (9).

(g) Particulars of any liability of a contingent nature. NIL

(h) Amount of deduction inadmissible in terms of section NIL 14A in respect of the expenditure incurred in relation fo income which does not form part of the total income,

(i) Amount inadmissible under the proviso to section 36 NIL (1) (iii)

22 Amount of interest inadmissible under section 23 of : Not Applicable the Micro, Small and Medium Enterprises Development Act, 2006

Name and Permanent Acccount Number of the payee, if availale

23 Particulars of payments made to persons : As per Annexure - III specified under section 40 A (2) (b).

24 Amounts deemed to be profits and gains under : Not Applicable section 33 AC or 33 AB or 33 ABA or 33 AC.

-25 Any amount of profit chargeable to tax under section NIL 41 and computation thereof.

3CD7

26 In respect of any sum referred to in clause (a), (b), NIL (c), (d), (e) or (f) of section 43 B, the liability for which:

(A) Pre-existed on the first day of the previous year Not Applicable but was not allowed in the assessment of any preceding previous year and was

(a) paid during the previous year NIL

(b) not paid during the previous year Not Applicable

(B) Was incurred in the previous year and was,

(a) paid on or before the due date for furnishing As per Annexure - IV the return of income of the previous year under section 139 (1).

(b) Not paid on or before the aforesaid date. Not Applicable

(State whether Sales Tax, Customs Duty, Excise

Duty or any other Indirect Taxes, levy, cess, impost

etc. is passed through the profit and loss account)

27 (a) Amount of Central Value Added Tax credits NIL availed of or utilised during the previous year and its treatment in the profit and loss account and treatment of outstanding Central Value Added Tax credits in the accounts.

(b) Particulars of income or expenditure of prior period NIL credited or debited to the P& L Account

28 Whether durin_g the previous year the assessee has NIL received any property, being share of a company not being a company in which the public are substantially interested, without consideration or for inadequate consideration as refered to in section 56 (2) (viia), if yes, please furnish the details of the same.

29 Whether during the previous year the assessee NIL received any consideration for issue of shares which exceeds the fair market value of the shares as referred to in section 56 (2) (viib), if yes, please furnish the details of the same.

30 Details of any amount borrowed on hundi or any NIL amount due thereon ( including interest on the amount borrowed) repaid otherwise than through an account payees cheque(section 69D)

31 (a) Particulars of each loan or deposit in an amount exceeding the limit specified in section 26955 taken or accepted during the previous year.

(i) Name, address and permanent account : I number, if available with the assessee of the lender or depositor.

3CD8

(ii) Amount of loan or deposit taken or accepted

(iii) Whether the loan or deposit was squared up during the previous year.

(iv) Maximum amount outstanding in the account at any time during the previous year

(v) Whether the loan or deposit was taken or accepted otherwise than by an account payee cheque or account payee bank draft.

(These particulars need not be given in the case of a Government company, a banking company or a corporation established by a Central, State or Provincial Act).

(b) Particulars of each repayment of loan or deposit of an amount exceeding the limits specified in section 269T made during the previous year.

(i) Name, address and permanent account number

(ii) Amount of the repayment.

(iii) Maximum amount outstanding in the account at any time during the previous year.

(iv) Whether the repayment was made otherwise than by account payee cheque or account payee bank draft.

As per Annexure - V

As per Annexure - V

(c) Whether the taking or acception loan or deposite, or A Certificate has been obtained from assessee. repayment of the same were made by account payee cheque drawn on a bank or account payee bank draft based on the examination of books of account and other relevat documents.

The particulars (i) to (iv) at (b) and the certificate at ( c) above need not be given in the case of a repayment of any loan or deposit taken or accepted from Government, Government Company, Banking company or a Corporation established by a Central, State or Provincial Act.

32 (a) Details of brought forward loss or depreciation NIL allowance in the following manner to the extent available.

Serial Assessme Number nt Year

Nature of Loaa/allowances (in rupees)

Amount as returned (in rupees)

NIL

3CD9

Amount as assessed (give reference to

relevant order)

Remarks

(b) Whether a change in shareholding of the company Not Applicable has taken place in the previous year due to which the losses incurred prior to the previous year cannot be allowed to be carried forward in terms of section 79,

( c) Whether the assessee has incurred any speculation Not Applicable loss referred to in section 73 during the previous year, if yes, please furnish the details of the same.

(d) Whether the assessee has incurred any loss referred Not Applicable to in section 73A in respect of any specified business during the previous year, if yes, please . furnish the details of the same.

(e) In case of a company, please state that whether the Not Applicable company is deemed to be carrying on a speculation business as referred in expiation to section 73, if yes, please furnish the details of speculation loss if any incurred during the previous year.

33 Section-wise details of deduction, if any, admissible under Chapter VI-A or chapter III (Section lOA, Section lOAA).

Section under Amounts admissible as per the provision of the Income tax Act, 1961 and fulfils the which deduction is conditions, if any, specified under the relevant provisions of the Income tax Act, 1961 or

claimed Income tax Rules, 1962 or any other guidelines, circular, etc. issued in this behalf

Section SOG Rs.74611/-

34 (a) Whether the assessee is required to deduct or collect tax as per the provisions of chapter XVII-B or chapter XVII-BB, if yes please furnish : YES

TAN Secti Nature Total Total Total Amount Amount of Total Amount Amount of tax Amount of tax deducted or on of Amount of Amount on on which tax Tax on which tax deducted or collected not deposited to the

Payme Payment or which tax was deducted deducted or was deducted collected on credit of the Cent ral nt receipt of was required or collected at collected or collected (8) Government out of (6) and

the nature to be specified rate out of (6) at less than (8) specified in deducted or out of (5) specified rate column (3) collected out out of (7)

of (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

As per Annexure - VI

(b) Whether the assessee has furnished the statement of tax deducted or tax collect~~»'t.'.Jtllu..LL.u......~"" ........ N ibed time. If not, please furnish the details : Yes

3CD10

1 Name of the assessee

2 Address

ANNEXURE - I

PART-A


D & I EXCELUS SHOP N0.1 WAGHAWADI ROAD, OPP. HOME SCHOOL BHAVNAGAR-364001

3 Permanent Account Number PAN : ACJFS8889E

4 Status Partnership Firm

5 Previous Year ended 31st March, 2017

6 Assessment Year 2017-18

PART- B

Nature of Business or profession in respect of every business or Code profession carried on durng the previous year

Sr.No. Particular Current Year

1 Paid up Capital/Capital of Partner/Proprietor's Capital 2 Share Application Money/Current Account of Partner

or Proprietor, if any 3 Reserves and Surplus/ Profit and Loss Account

0 4 Secured Loans 5 Unsecured Loans 6 Current Liabilities and Provisions -

7 Total of Balance Sheet 8 Gross Turnover / Gross Receipts 9 Gross Profit 10 Commission Received 11 Commission paid 12 Interest Received 13 Interest Paid 14 Depreciation as per books of account lS Net Profit ( or loss) before tax as per profit& Loss Account

(Before Partners' Interest & Remuneration) 16 Taxes on Income paid/provided in the books

Note : Interest Paid to Partners has not been considered for Interest Expenses

FOR : SHUBHLAXMI JEWELLERS

PARTNER

-PLACE : lUNAGADH

DATE: 30/10/2017

· 41788707 0

0 78631130

8613999 20217815

149251651 429443977

30804285 0 0

1457704 11155634 3201886

· 11236651

2350000

0124, 0202 & 0203

Previous Year

39830919 0

0 78355667

118774394 31059456

161120437 474290263

31826549 0 0

5009 11801387 3691082 9362556

1500501 I


WAGHAWADI ROAD, OPP. HOME SCHOOL BHAVNAGAR-364001

.ANNEXURE - II PARTICULARS OF DEPRECIATION ALLOWABLE AS PER THE INCOME TAX ACT,1961

FOR THE YEAR ENDED AS ON 31 ST March, 2017

BLOCK OF OPENING ADDffiON SOLD NET DEPRECIATION

ASSETS BALANCE Up to After DURING BLOCK % AMOUNTS WDV 30.9.16 30.9.16 THE YEAR 31.03.2017

1 2 3 4 5 6

1. Ac Systems & Eqipment 740281 0 0 0 740281 15 111042 2. Spectrometer 434403 0 0 0 434403 15 65161 3. Valtas Freezer 17042 0 0 0 17042 15 2556 4. Sample Articals 137594 0 0 0 137594 15 20639 5. Office Equipment 921593 10500 24490 0 956583 15 141651 6. Electrical Instalation 1142516 7520 17910 0 1167946 15 173849 7. Motor Car 1944430 0 0 0 1944430 15 291664

TOTAL. .. 5337858 18020 42400 0 5398278 806562 8. D & I Excelus Showroom No.1 19854341 0 0 0 19854341 10 1985434 9. Furniture & Fixture 2962812 0 160720 0 3123532 10 304317 10. Sensor Door Set 157979 0 0 0 157979 10 15798

TOTAL. .. 22975132 0 160720 0 23135852 2305549 11. Ornate Software 126105 0 0 0 126105 60 75663 12. Computer & Printer 95738 0 0 0 95738 60 57443

TOTAL. .. 221843 0 0 0 221843 133106 GROSS TOTAL. .. 28534832 18020 203120 0 28755972 ,- - 3245217

-

~ ~\: I!! • j

-~~·-·~-.. "'l!"~-.--,,-.,-~------ -----

CLOSING BALANCE

31.03.2017 7 629239 369242

14485 116955 814932 994097

1652766 4591715

17868907 2819215

142181 20830303

50442 38295 88737

25510755


WAGHAWADIROAD,OPP.HOMESCHOOL

BHAVNAGAR-364001 PARTICULARS OF DEPRECIATION AS PER BOOKS FOR THE YEAR ENDED AS ON 31ST MARCH, 2017

ANNEXURE - II A

BLOCK OF OPENING ADDITION

ASSETS BALANCE Up to After WDV 30.9.16 30.9.16

1 2 3

1. AC SYSTEMS & EQIPMENT 740281 0 0

2. COMPUTER & PRINTER 23521 0 0 3. D & I EXCELUS SHOWROOM NO.1 19854341 0 0 4. ELECTRICAL INSTALATION 1142515 7520 17910 .

5. FURNITURE & FIXTURE 2962812 0 160720 6. OFFICE EQUIPMENT 921593 10500 24490 7. ORNATE SOFTWARE 126105 0 0 8. SENSOR DOOR SET 157979 0 0 9. SPECTROMETER 434403 0 0 10. VOLTAS FREEZER 17042 0 0 11. Sample Articals 137594 0 0 12. Motor Car 1944430 0 0

TOTAL... 28462616 18020 203120

* Note : Date Of Purchase as per Annexure II - B


~o0iJ PARTNER

PLACE : JUNAGADH

DATE: 30/10/2017

SOLD NET DEPRECIATION CLOSING

DURING BLOCK THE YEAR

% AMOUNTS BALANCE 31.3.2017 31.3.2017

4 5 6 7 0 740281 15 111042 629239

0 23521 60 14112 9409 0 19854341 10 1985433 17868908 0 1167945 15 173849 994096 0 3123532 10 304317 2819215 0 956583 15 141651 814932 0 126105 60 75663 50442 0 157979 10 15798 142181 0 434403 15 65161 369242 0 17042 15 2556 14486 0 137594 15 20639 116955 0 1944430 15 291664 1652766 0 28683756 3201885 25481871

AS PER OUR REPORT OF .EVEN DATE FOR ASHOK BAJAJ & CO. CHARTERED ACCOUNTANTS

SOLE PROPRIETOR MEMBERSHIP NO.135206

SR. NO.

1

2

3

FOR:


WAGHAWADIROAD,OPP.HOMESCHOOL BHAVNAGAR-364001 ANNEXURE - II - B

Details of Addition in Fixed Assets

U t 30/09/2016 Ip 0 Aft 30/09/2016 er

ITEM

ELECTRICAL INSTALATION

FURNITURE & FIXTURE

TOTAL OFFICE EQUIPMENT

TOTAL GRAND TOTAL

DATE AMOUNT DATE AMOUNT

13/05/2016 7520 03/01/2017 17910

02/01/2017 23519 10/01/2017 10394 25/01/2017 14000 25/01/2017 21212 11/02/2017 49452 22/03/2017 42143

160720 13/06/2016 10500 23/10/2016 9990

25/03/2017 14500 10500 24490 18020 203120


PARTNER ~ PLACE : JUNAGADH

DATE: 30/10/2017

CA ASHOK BAJAJ SOLE PROPRIETOR MEMBERSHIP NO.135206


D & I EXCELUS SHOP NO. l WAGHAWADIROAD,OPP.HOMESCHOOL

BHAVNAGAR-364001

ANNEXURE - III

Clause 23 of Form No. 3CD

NO

1

2

3

1

2

1

PARTICULARS OF PAYMENT MADE TO PERSONS SPECIFIED UNDER SECTION 40A(2)(b) FOR THE YEAR ENDED AS ON 31ST MARCH, 2017

NAME OF RELATED PAN OF

PERSON RELATED RELATION AMOUNT NATURE OF PAYMENT PERSON

INTEREST

Narendrabhai J. Chauhan ADDPC8110B PARTNER 885234 Interest on Partner's Capital

Jitendrabhai J. Chauhan AENPC7574A PARTNER 1045247 Interest on Partner's Capital

Jesingbhai Jewellers AABFJ5488N SISTER CONCERN 848228 Interest on loan/Deposits

SHARE IN PROFIT

Narendrabhai J. Chauhan ADDPC8110B PARTNER 4653085 SHARE IN PROFIT

Jitendrabhai J. Chauhan AENPC7574A PARTNER 4653085 SHARE IN PROFIT

PURCHASE OF GOODS

Jesingbhai Jewellers AABFJ5488N SISTER CONCERN 734379 Purchase of goods



Annexure forming part of Tax Audit Report Form 3CD ITEM NO.26 (B) (a)

Annexure : IV

Details regarding sum reffered to in clause (a), (b), (c), (d), (e) or (f) of section 43B, liability for which was incurred in previous year and paid on or before the due date for furnishing return of income of the previous year u/s. 139(1).

Sr. Particulars

Amount Date of Payment Amount Paid

No. Rs. Rs.

1 T.D.S 194-J 3319 27.04.2017 3319

2 T.D.S. 194-A 102496 27.04.2017 102496

3 T.D.S. 194-C 150 27.04.2017 150

4 ESIC 15681 18.04.2017 15681

5 PROFESSIONAL TAX 2900 18.04.2017 2900

124546 124546

SHUBHLAXMI JEWELLERS D & I EXCELUS SHOP N0.1


Annexures forming part of the Tax Audit Report Form JCD.

Particulars of each loan or deposits in an amount exceeding the limit specified in section 269SS & 269 T as required in clause 24 of the Tax Audit Annexure: V

Sr Name,Address and Opening Amount Interest TDS Amount Closing Whether Maximum Whether Taken

No P.A.No. of Balance taken or Credited Debited paid Balance as Squard up Amount or Accept/Repaid

Lander/Depositer Rs. Accepted During Yr During Yr. on 31/03/2017 During Yrs. Outstanding Other.A/C Payee

During the Yrs Cheque/D.D

[1] [2] [3] [4] [S] [6] [7] [8] [9] [10] [11]

1 Jesingbhai Jewellers USL 8,743,738 2,140,000 805,957 80,596 5,962,000 5,647,099 NO 9,063,738 NO

Sherdipith No Delo Nanavati Bazar

Bhavnagar-364001 Pan No : AABFJ5488N

2 Gyanchand Hundaldas Rohida (15 G) 300,000 0 13,500 0 313,500 0 YES 286,500 NO

Jamadar Street,

Bhavnagar

Pan No : ABNPR3051J

3 Abhay Bhatt 0 500,000 0 0 500,000 0 Yes 500,000 NO

Ghogha Circule

Bhavnagar

Pan No : ABYPB5702F

4 Jesingbhai Jewellers (Kotak Laon) 1,309,056 90,820 42,271 6,309 1,435,838 0 YES 1,023,756 NO

M G Road Bhavnagar

Pan No: AABFJ5488N

,- - ....... - . • _ - ~ .. - - ~ - . . - 1,. · " · - ~~ - ·

.Sr Name,Address and Opening Amount Interest TDS Amount Closing Whether Maximum Whether Taken


Lander/Depositer Rs. Accepted During Yr During Yr. on 31/03/2017 During Yrs. Outstanding Other.NC Payee


[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11]

5 Shrichand Nichaldas Vadhwani (15 G) 500,000 0 90,000 0 590,000 0 YES 500,000 NO

1305 Shiva Blessing Ghogha Circule

Bhavnagar

Pan No : AAYPV7253L

6 Tarachand Ramchand Rajai 521,600 0 96,000 9,600 86,400 521 ,600 NO 521 ,600 NO

Vijay Sales Corporation Jamadar Street Bhavnagar

Pan No : ACLPR0263P

7 Check Mate Consultancy 0 500,000 88,500 8,850 60,750 518,900 NO 520,250 NO

Aashirvad,Plot No.1541-1 ,

Krishna Park Banglow,

Ghogha Circle,Bhavnagar

Pan No : ALFPB8303H

8 Kishorbhai Kantilal Shah 500,000 0 45,000 4,500 540,500 0 YES 500,000 NO

Plot No 2715/A

Manshi Banglow

Near Central Salt

Waghavadi Road Bhavnagar

Pan No: AIMPS4101L

9 Lataben Saradbhai Soni (15 G) 0 250,000 11,667 0 261,667 0 YES 257,500 NO

1202 C Ambavadi

Near Love Kush Apartment

Bhavnagar

Pan No: BBSPS82818

10 Amateur Computext 500,000 88,500 8,850 60,750 518,900 NO 520,250 NO

2

Sr Name,Address and Opening Amount Interest TDS Amount Closing Whether Maximum Whether Taken


Lander/Depositer Rs. Accepted During Yr During Yr. on 31/03/2017 During Yrs. Outstanding Other.NC Payee

During the Yrs Cheque/D.O

[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11]

Aashirvad,Plot No.1541-1,

Krishna Park Banglow,

Ghogha Circle,Bhavnagar

Pan No : ABYPB5702F

11 Anantrai Vallabhdas Shah (15 G) 500,000 75,000 0 67,500 507,500 NO 522,500 NO

Danapith

Bhavnagar

Pan No : AGBPS6445G

12 Dasharathsinh Prabhatsinh Zala 500,000 0 0 0 500,000 NO 500,000 NO

Plot No 84, Street No 10,

Nirmalnagar, Bhavnagar

Pan No : AACPZ5497L

13 Kailashben Rajabhai Bhandari 400,0PO 0 0 0 400,000 NO 400,000 NO Kaliyabid,

Kaliyabid Road, Bhavnagar

Pan No : BQXPB5304G

14 Nomi! Rajeshbhai Shah 125,000 5,625 563 130,062 0 YES 125,000 NO Jayant Cutlery Store

Nanavati Bazar, M G Road

Bhavnagar

Pan No : BWWPS8554G

15 Samir Sharadkumar Soni (15 G) 200,000 2,000 0 202,000 0 YES 200,000 NO 1202 C Am bavadi

Near Love Kush Apartment

Bhavnagar

Pan No : AHVPB3457A

3

Sr Name,Address and Opening Amount Interest TDS Amount Closing Whether Maximum Whether Taken .No P.A.No. of Balance taken or Credited Debited paid Balance as Squard up Amount or Accept/Repaid

Lander/Depositer Rs. Accepted During Yr During Yr. on 31/03/2017 During Yrs. Outstanding Other.A/C Payee


[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11]

16 Shubham Associates 4,000,000 153,000 15,300 4,137,700 0 YES 2,000,000 NO

Mehulbhai M Pandya

Shobhraj Complex

Waghawadi Road

Near Sahkari Hatt, Bhavnagar

Pan No: AGXPP1 143N

17 Bombay Refinery 0 2,700,000 0 0 2,700,000 0 YES 1,200,000 NO

Sherdi Pith No Delo

Mumbai Walo Khacho

Sherdi Pith Street, Bhavnagar

Pan No : AHVPG1630J

11,874,394 12,405,820 1,517,020 134,568 17,048,667 8,613,999 0 18,641 ,094 0

4

~-.-~ ,,·- ~..-;""'~·,P•':',':;-~,':.=":!:.•"_,,..,.~;!"',;-w'r~"--"1'1'0f~

• SHUBHLAXMI JEWELLERS D & I EXCELUS SHOP NO.1


BHAVNAGAR-364001

Whether the assessee is required to deduct or collect tax as per the

provisions of chapter XVII-B or chapter XVII-BB, if yes please furnish :

Annexure-VI

Clause 34 (a) of Form No. 3CD TAN Section Nature of Total Amount of Payment Total Amount on which tax

Payment or receipt of the nature was required to be specified in column (3) deducted or collected out of

(4)

1 2 3 4 5

194A Interest 1517553 1345680 Advertisment

194C Labour & 459507 384400 Works

Contract

Technical & AHMS 24849G 194J Professional 543829 506579

Services

194H Brokerage 5250 5250

194C labour 698080 483800

194C Security 90000 90000

194C Contract 193113 148712

3507332 2964421

Total Amount on which Amount of Total Amount Amount of tax deducted or Amount of tax deducted or tax was deducted or Tax on which tax collected on (8) collected not deposited to

collected at specified rate deducted was deducted the credit of the Central out of (5) or collected or collected at Government out of (6) and

out of (6) less than (8) specified rate

out of (7)

6 7 8 9 10

1345680 134568 NIL NIL NIL

384400 3844 NIL NIL NIL

506579 50657 NIL NIL NIL

5250 263 NIL NIL NIL

483800 4838 NIL NIL ~~ .. iA . NIL

90000 900 NIL NIL /o.~°?. ~o~ NIL

148712 1487 NIL NIL • ~

I \C-1, ><I \:/\ ~ NIL • *l :,~~~1i· 3CD1 -..:. G~ ~ . ~ACCO

... -..... ... .


D & I EXCELUS SHOP NO.1


BHAVNAGAR-364001

Whether the assessee is liable to pay interest under section 201

(1A) or section 206C(7). If yes, please furnish :

Annexure-VII

Clause 34 (C) of Form No. 3CD

Amount of Interest Amount paid out of column Tax deduction and collection under section

Account Number (TAN) 201(1A)/206C(7) is (2) along with date of

oavable payment

1 2 3

AHMS 24849G 3037 Rs. Date

2501 13-05-16

2 05-08-16

61 05-08-16

47 05-08-16

33 07-03-17

393 07-03-17

TOAL 3037

3CD1


D & I EXCELUS SHOP NO.1


BHAVNAGAR-364001

In the case of a manufacturing concern, give quantitative details of the principal items of raw materials,

finished products and by-products.

Annexure-VIII

A. Raw Materials Fine Gold Old Gold Gms Old Silver Copper Gms Gms Allovs Ka

1 Opening Stock 4,661.553 159.759 524.360 25.000 2 Purchases 37,655.845 23,693.930 54,414.790 -3 Purchase Return - - - -4 Production Finished Goods 4,860.313 - - -5 Sales 41,487.754 17,995.879 17,495.810 18.000 6 sales Return - - - -7 Issue/ Manufacturing 4,275.777 5,410.215 18,913.180 -8 Closinq Stock 1,414.180 447.595 18 530.160 7.000

B. Finished Products Gold, Gold Fine Silver, Platinum PT Branded Branded Diamond Real lgm Ornaments Silver 950 Gms Jewellery Silver articals Slj Crt Stone Crt Diamond

Grms Ornaments, Gold Coin Pcs Jewellery pcs Utensils & Gift Pcs

Artir;ilc:: ~me:

1 Opening Stock 32,137.725 205, 182.384 50.00 87.441 562 1,949 247 8.84 384.620 2 Purchases 67,373.715 531,570.555 880.00 20.606 218 3,120 125 5.17 64.770 3 Purchase Return - - - - - - - - -4 Production Finished Goods 4,716.440 13,793.965 - - - - - - -5 Sales 79,665.123 416,691.878 895.00 11.203 351 2,783 209 2.31 87.000 6 sales Return 3,789.204 9,235.740 - 6.290 19 39 10 - -7 Issue/ Manufacturing - - - - - - - - -8 Closinq Stock 28 351.961 343,090.766 35.00 103.13 448.00 2,325.00 173.00 11.70 362.390

Note : Raw Materials l Finished products/ By-products Consumption during the previous year total gms. 148598 and Quantity manufactured during the year gms 141345 thus shortage is 7253 gms. yield of finisihed products is 95.11 % .

Branded

Crt

18.900 23.650

-

-24.080 0.450

-18.920

A

1 21(d)

B

2 31(c)


D & I EXCELUS SHOP N0.1

WAGHAWADI ROAD, OPP. HOME SCHOOL

BHAVNAGAR-364001

Certificate No.1

Amount Inadmissible under section 40A(3) read with rule 6DD and computation thereof.

This is to certify that all the payments relating to any expenditure coved under section 40A(3) that the payments were made by account by cheques drawn on a bank or account payee bank draft, as case may be.


~ PARTNER

Certificate No.2

This is to certify that all the Loans/Deposits accepted Covered u/s 269S5 Or Repayment Covered u/s 269T of the same through on account payee cheque or account payee bank draft.


~~ PARTNER



TRADING ACCOUNT FOR THE YEAR ENDED AS ON 31ST MARCH, 2017

(FROM 01/04/2016 TO 31/03/2017)

PARTICULARS AMOUNT TO OPENING STOCK 109014629

TO PURCHASE RD Purchase 314718948 URD Purchase 78276356 CST Pur.Pkg. Againts C form 381295 CST Purchase Packing 135619 Packing Material Purchase 499663 394011881

TO DIRECT TAXES/EXCISE 129187

TO DIRECT EXPENSES Labour Expenses 698080 Freight, Cartage and Packing on Purchase 13932 Jadatar/Kundan, Bats Exp. 210732 922744

To Gross Profit Transferred to 30804285 Profit and Loss Account

TOTAL 534882726

FOR SHUBHLAXMI JEWELLERS

PARTNER

PLACE: JUNAGADH

DATE: 30/10/2017

PARTICULARS AMOUNT BY SALES Retai l Invoice Sales 299550162 Tax Invoice Sales 145712045

445262207 Sales Return (-) 12413626 Rate Difeerence (-) 2185189 Discount ( -) 1219415 429443977

BUSINESS INCOME Extra Charge 47430 Other Charges (H.M) 11299 58729

BY CLOSING STOCK 105380020

TOTAL 534882726

AS PER OUR REPORT OF EVEN DATE FOR ASHOK BAJAJ & CO.

MEMBERSHIP NO.135206


D & I EXCELUS SHOP NO.1 WAGHAWADIROAD,OPP.HOMESCHOOL

BHAVNAGAR-364001

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED AS ON 31ST MARCH, 2017 (FROM 01/04/2016 TO 31/03/2017)

PARTICULARS AMOUNT PARTICULARS

Sales & Administrative Exp. By Gross Profit To Bad Debt Expenses 35088 (b/f. From Trading Account) To Bonus Exp. 172187 To Donation Exp. 120223 Other Income To Hallmarking Charge Exp. 74529 Interest Income To Kasar A/C 82633 To Property Tax Exp. 125559 To Refinery Labour Exp. 11098 To Scheme Expense A/C. 18000 To Tds Penelty Exp. 1600 To Vat Penelty Exp. 6900 To Accounting Exp. 240000 To Business Promotional Gift Exp. 29861 To Electric Exp. 418626 To Esic Exp. 110516 To Insurance Exp. 185179 To Legal & Proffesional Fees 94750 To Licence Renewal Exp. 2683 To Office Exp. 488365 To Post & Courier Exp. 2355 To Printing & Stationary Exp. 136731 To Professional Tax Interest 65 To Proffesional Tax Exp. 2000 To Salary A/C. 2479771 To Security Exp. 90000 , o Service & Maintenance Charge Exp. 171901 To Soft. Deve. & Service Charge 134393 To Telephone Exp. 197487 To Uniform & Steaching Exp. 52956 To Website Design Exp. 2000 To Excise Late Fee Exp. 100 To Vat Exp. 2420 To Interest On Tds Exp. 3037 To Vat Interest 10850 To·Advertisement & Publicity A/C 459507 To Repairing & Maintenance 60344 6023714

Financial Ex~enses To Bank Charges 338359 To Bank Renewal Fee Exp. 172500 To Brokerage Exp. 5250 To Loan Processing Fees 127995 To Bank Interest Expense 9522800

~~4 To Interest To Car Loan 115281 To Interest on U/S Loan/Deposits 1517553 11799738

· ~

~ CA . \ ' * .. \. (,/)

Depreciation ·~ ·- ,. .

To Depreciation A/C 3201886 ~ ~ , 'IVA ~'.$:-_ ~AccP

To Net Profit Transferred to 11236651 .....

Profit & Loss Aooro. A/c TOTAL 32261989 TOTAL

AMOUNT 30804285

1457704

32261989

FOR SHUBHLAX':11 ~LLERS

PARTNER t_~

PLACE : JUNAGADH

DATE: 30/10/2017

AS PER OUR REPORT OF EVEN DATE FOR AS HOK BAJAJ & CO.


D & I EXCELUS SHOP NO.l WAGHAWADI ROAD, OPP. HOME SCHOOL

BHAVNAGAR-364001

PROFIT & LOSS APPROPRIATION ACCOUNT FOR THE YEAR ENDED AS ON 31ST MARCH, 2017

(FROM 01/04/2016 TO 31/03/2017)

EXPENSES AMOUNT AMOUNT INCOME

To Interest on Ca12ital By Net Profit b/d. to Partners (Before Interest &

Narendrabhai J. Chauhan 885234 Remuneration) Jitendrabhai J. Chauhan 1045247

1930481

To Net Profit to Partners

Narendrabhai J. Chauhan 4653085 Jitendrabhai J. Chauhan 4653085

9306170 TOTAL. .. 11236651 TOTAL. ..


~ PARTNER

PLACE : JUNAGADH

DATE: 30/10/2017

AMOUNT AMOUNT

11236651

11236651


D & I EXCELUS SHOP NO.1 WAGHAWADIROAD,OPP.HOMESCHOOL

BHAVNAGAR-364001

DETAILS OF PARTNERS' CAPITAL ACCOUNTS FOR THE YEAR ENDED ON AS ON 31ST MARCH, 2017

(FROM 01/04/2016 TO 31/03/2017)

PARTICULARS

By Opening Balance

ADD:

By Introduce Capital from Personal Books By Interest on Partner's Capital By Net Profit to Partners

Sub Total Rs. [A]

LESS:

To Drawings & J.V. Passed for Adv. Tax

Sub Total Rs. [BJ

Closing Balance [A] - [B]


at,v7v1 PARTNER

PLACE: JUNAGADH

DATE: 30/10/2017

Narendrabhai Jitendrabhai J. J.Chauhan Chauhan

18899048 20931873

1796518 975000 885234 1045247

4653085 4653085

26233885 27605205

7487364 4563019

7487364 4563019

18746521 23042186

TOTAL

39830921

2771518 1930481 9306170

53839090

12050383

12050383

41788707

CAPITAL & LIABILITIES

Partners' CaQital Accounts Narendrabhai J. Chauhan Jitendrabhai J. Chauhan

Secured Loans Schedule -A

Unsecured Loans[DeQosits Schedule -B

CURRENT LIABILITY

(1) Sundry Creditors Schedule -C

(2) Advance From Customers Schedule -D

(3) Provisions Schedule -E

(4) Duties & Taxes Payable Schedule -F

(5) Other Liabilities Schedule -G

TOTAL

FOR SHUBHLAXMI JEWELLERS .

PARTNER

PLACE : JUNAGADH

DATE : 30/10/2017


D & I EXCELUS SHOP NO.l

WAGHAWADIROAD,OPP. HOMESCHOOL

BHAVNAGAR-364001

BALANCE SHEET AS ON 31ST MARCH, 2017

RS. AMOUNT ASSETS

Fixed Assets 18746521 Schedule -H 23042186 41788707 41788707

Loan, Advance & Receivable 78631130 Schedule -I

8613999 CURRENT ASSETS

(1) Advance To Suppliers Schedule -J

8800726

(2) Sundry Debtors Schedule -K

10587334

(3) Cash & Bank Balances 300007 Schedule -L

124546 (4) Closing Stock

405202 20217815

149251651 TOTAL

RS.

751952

11120668

900843

105380020


SOLE PROPRIETOR MEMBERSHIP NO.135206

AMOUNT

25481871

5616297

118153483

149251651

i'

[ I I L

SRNO.

1

2

3

4

5

SRN0. 1

2

3

4

5

6

7

SRNO. 1

2

3

4

5

6

7 8

9 10

11

SHUBHLAXMI JEWELLERS D & I EXCELUS SHOP NO. l


SCHEDULE "A"

DETAILS OF SECURED LOANS FOR THE YEAR ENDED

AS ON 31ST MARCH, 2017

PARTICULARS HDFC BANK LTD CC A/C NO. 50200003817650

ICICI CIAZ CAR LOAN NO - LABVR00033629890

ICICI H CITY CAR LOAN NO - LABVR00032411530

KOTAK BANK LOAN A/C

KOTAK USL NO CSG-152523749

TOTAL

SCHEDULE "B" DETAILS OF UNSECURED LOANS FOR THE YEAR ENDED


PARTICULARS

AMATEUR COMPUTEXT USL

ANANTRAY V SHAH

CHECK MATE CONSULTANCY

DASHARATHSINH PRABHATSINH ZALA

JESINGBHAI JEWELLERS (USL)

KAILASHBEN RAJABHAI BHANDARI

TARACHAND RAMCHAND RAJA!

TOTAL

SCHEDULE "C" DETAILS OF SUNDRY CREDITORS FOR THE YEAR ENDED


PARTICULARS

AJAY H RAJA!

AMATEUR COMPUTEXT

VIVEK DIGI AD

VODAFONE 9537057979

VODAFONE 9537067979

VODAFONE 9537451111

VODAFONE 9537461111

VRAJ FLOWERS

YOGESH TRADING CO.

ANSH AGENCY

JEWEL ART

AMOUNT 59226254

553114

405230

16238200

2208331

78631130

AMOUNT 518900

507500

518900

500000

5647099

400000

521600

8613999

AMOUNT 27150

18000

450

171

401

1609

353

45632

95668

91817

1891190

12 PRIHAN ENTERPRISE 187875

13 RAJASTHAN JEWELLERY BOX HOUSE 98023

14 SIDDHIVINAYAK ORNAMENTS 113889

15 SONI ATMARAM FULCHAND 230000

16 SUVARNAKALA PVT LTD 2459345

17 SWETA NAKSHATRA JEWELLERS 2945515

18 VANDAN JEWELLERS 195416

19 APARNA GRAPHICS 1500 20 BHAGYESH ART 6725

21 HIRALAL A RAJA! (ADVOCATE) 11506 22 J.R LABELWALA 61587

23 MAAN SECURITY & PERSONAL FORCE 7425

24 MAX DIGITAL & SERVICES 25300

25 MEHUL COMPUTER 9030

26 MOHIT ENTERPRISE 1600

27 NILKANTH GOLD TESTING AND HALLMARKING CENTRE 15750

28 PARSHWA LIGHTS 17910

29 VIVEK ADVERTISERS 133541 30 YOGESH ENTERPRISES 3150

31 HASUBEN RAMANLAL CHAPANERI. 5000 32 PIYUSKUMAR PRAVINBHAI PATTANI ( PSK CHUDI) 87100

33 SWAGAT REFINERY 11098 TOTAL 8800726

SCHEDULE "D" DETAILS OF ADVANCE FROM CUSTOMERS FOR THE YEAR ENDED


SRNO. PARTICULARS AMOUNT

1 CB DABHI 106849 2 GOLD BONUS SCHEME 601000

3 GSC CHETNABA YUVRAJSINH JADEJA. 299681 4 GSC CHINTANBEN NAVALBHAI PATEL 125250

5 GSC DIPIKA JAYENDRASINH JADEJA 135000

6 GSC MANISHABEN NAVALBHAI PATEL 125250

7 GSC MEGHJIBHAI NANJIBHAI VIRADIYA 312000

8 GSC MITABA BHARATSINH GOHIL. 440900

9 GSC NAVALKISHOR BACHUBHAI PATEL 375750

10 GSC NIMISHABEN NAVALBHAI PATEL 125250

11 GSC VANDANABEN BAKULBHAI AJWALIYA 30677

12 JAYDIPSINH LAKHDHIRSINH SARVAIYA 6180

13 MEGHAJIBHAI NANJIBHAI VIRADIYA. 64333

14 PANKAJBHAI DHARMASHIBHAI MAKWANA 50000 15 PRATIPALSINH JADEJA. 3400 16 A KVALERA 330 17 A M GABHARANI. 72198 18 AFSANA A SAMA. 1000 19 ANITABEN C TEJWANI. 550 20 ARUNDHATI S ZALARIYA. 270 21 ASHISHBHAI DAMJIBHAI DONDA 50150

2

22 BR BHAYANI 90000 23 BAKULABEN LALJIBHAI PRAJAPATI 2900 24 BHAKABHAINARANBHAIRATHOD. 2380 25 BHAKTIBEN H PARMAR 131 26 BHAVESHBHAI P PARSANA 8900 27 BHUPATBHAI GAGJIBHAI PARMAR 34500 28 BHUPATSINH JAMSINH GOHIL 276301 29 BINABEN HARISHBHAI ODEDARA 150000 30 DAKSHBHAI R DAVE. 54000 31 DAXABEN RANABHAI GOHIL 44000 32 DEVIDASBHAI KALIDASBHAI RAMANUJ 16000 33 DHIRUBHAI BACHUBHAI KUVADIYA 94000 34 DINESHBHAI B NAIYA. 400 35 DIPSANGBHAI NAGJIBHAI VALA 1177 36 DOLATSINH JORSINGBHAI CHAUHAN. 5000 37 DR. GAYATRIBEN P. SHARMA 32939 38 GHANSHYAMBHAI B VAGHELA 1000 39 GHANSHYAMSINH JAMSINH JADEJA 10000 40 GSC ANJUBEN NEMJIBHAI MAKWANA 92178 41 GSC BHARATSINH GAMBHIRSINH GOHIL 147500 42 GSC BHAVNABEN LABHUBHAI CHAVDA 35500 43 GSC BHAVNABEN NEMJIBHAI MAKWANA 45806 44 GSC BHUPATBHAI MATHURBHAI JANI 173600 45 GSC DAXBHAI DAVE 23500 46 GSC DEVIBEN SHAILESHBHAI ANDHARIYA 57753 47 GSC DHARMISHTHABEN BHUPATRAY VYAS 168833 48 GSC DHIMALBHAI JAYENDRABHAI PAREKH 292000 49 GSC DHIRAJBEN ARVINDBHAI KANAN! 153000 50 GSC KEYURBHAI RAVJIBHAI VAGHELA 172480 51 GSC KISHORBHAI JADAVBHAI THAKOR 170240 52 GSC KOKILABEN NAVALKISHOR PATEL 298500 53 GSC KRISHA JAYDIPBHAI CHAUHAN 31250 54 GSC MANGALABEN B CHAUHAN 45806 55 GSC NIKHILBHAI UPENDRABHAI MEHTA 59600 56 GSC PRABHABEN BHUPATBHAI JANI 42000 57 GSC RASHMIBEN BHARGAVBHAI BHATT 62300 58 GSC RAVJIBHAI NEMJIBHAI VAGHELA 341600 59 GSC REKHABEN KISHORBHAI THAKOR 232431 60 GSC SANJAYKUMAR RAMESHCHANDRA DAVE 136070 61 GSC SHARDABEN BATUKBHAI VAJA 342108 62 GSC SHIVANGIBEN I BHATT 251860 63 GSC VRAJLALBHAI HARGOVINDBHAI JALELA 100578 64 GSC YAMINIBEN JAYDEVBHAI MEHTA 150134 65 HANSABA D GOHIL 550 66 HANSABA RAJENDASINH SARVAIYA 144000 67 HANSABEN A SOMANI. 7080 68 HARDIKBHAI RAJENDRABHAI ANUVADIYA. 10000 69 HASINABEN RAFIKBHAI MALEK 78660 70 HEMALIBEN RAJESHBHAI MASANI 3000 71 HEMANTSINH BHURUBHA GOHIL 40900

3

72 HIMATBHAIRANABHAICHANCHAD 15677 73 HINABEN BAKULBHAI SOLANKI 15000 74 ILABEN GIRISHBHAI CHANDARANA. 9530 75 ILIYASBHAI M VAKIL 700 76 JAGRUTIBEN J DAVE 150000 77 JAMIL ABUBHAI LAKHANI 30000 78 JATINBHAI GAJANANDBHAI SHUKAL. 1010 79 JAYDEVBHAI OGHADBHAI SHIYAL. 1830 80 JAYDEVSINH PARMAR. 540 81 JAYDIPSINH JAYRAJSINH GOHIL 3970 82 JAYRAJSINH D ZALA 42063 83 JIGARBHAI RAJENDRABHAI BHATT 87326 84 JIGNABEN SAGARBHAI VALIYA 4000 85 JIGNESHBHAI SHANKARPRASAD KANADA 12000 86 KAMINIBEN NITISHKUMAR PATHAK. 23420 87 KANABHAIMERABHAIGHUGHARI 106981 88 KESHUBHAI M CHAVDA. 10100 89 KHODABHAI RAMJIBHAI MOGHARIYA 100000 90 KHUMANSINGBHAI M DODIYA. 3230 91 KIRTIBEN PARESHBHAI MEHTA 30514 92 KRUPALBHAI S KATARIYA 16500 93 KULDIPBHAI KESARSINH RAJPUT 4140 94 LATABEN PRAVINBHAI KAMDAR 50000 95 UPI OZA 1000 96 LOPABEN ASHISHBHAI MEHTA 5000 97 MD PARMAR. 2000 98 MAHESHBHAIDHIRUBHAIPARMAR 34500 99 MAKODBHAI KALUBHAI DHAMELIYA 2700 100 MANHARSINH M GOHIL 100000 101 MATRUDHAM 950 102 MINABEN V JOGRANA 18640 103 MOHAMADBHAI RAJA! 73521 104 MRUDULABEN GOHIL. 1635 105 MUKESHBHAI J DOSHI 3770 106 MUKESHBHAI RAMJIBHAI GANGANI 58500 107 MUKULBHAI A AJVALIYA. 5690 108 NATVARSINH B GOHIL. 284950 109 NAYNABEN UPADHYAY 5000 110 NITINBHAI KUBERBHAI RATHOD. 2000 111 PRAKASHBHAIISHAH 5000 112 PRAKASHBHAIRAMNIKBHAICHUDASAMA 20000 113 PRAVINBHAI BHALABHAI DANGAR 5000 114 RAFIKBHAI R MALEK 55270 115 RAHULBHAI VIJAYBHAI BALDANIYA 50000 116 RAJENDRASINH A SARVAIYA. 144000 117 RAMDEVSINH RANJITSINH VALA. 1280 118 RANABHAI BACHUBHAI KUVADIYA. 15230 119 RAVIBHAI H OZA. 580 120 RITESHBHAI B CHUDASAMA. 30000 121 SAIYADA A BHOJANI 30270

4

..

5

122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142

SRNO. 1 2 3

SRNO. 1 2 3 4 5

SALUBEN MUNNABHAI BILAKHIYA SALUBEN YUNUSBHAI BILAKHIYA SANJAYBHAI SANJA YB HAI B BARAD SANJAYBHAI MAYABHAI CHAVDA SAPNABEN SHANKARLAL PINJANI SMITABEN DIPAKBHAI NATHAN! SMRUTIBEN AKASHBHAI SOLANKI. SURESHBHAI G DAYMA TAKHUBHA VAJUBHA SARVAIYA TARANNUMBEN POPATIYA TARUBEN P MODI. TARUNSINH GAMBHIRSINH ZALA. TEJASBHAI PRAVINBHAI KAMDAR UMEDBHAI NATHABHAI MORI VIJAYBHAI JINABHAI BALDANIYA VIJAYSINH BHAVUBHA VALA VIMLABEN HASMUKHLAL LADVA VISHALBHAI BACHUBHAI RATHOD VISHNUBHAI B JANI YASHBHAI RAKESHBHAI RAYMAGIYA. TOTAL

SCHEDULE "E" DETAILS OF PROVISIONS FOR THE YEAR ENDED


PARTICULARS INTEREST PAYABLE OFFICE EXP PAYABLE TELEPHONE EXP. PAYABLE TOTAL

SCHEDULE "F"

50000 50000 8056

16600 6500

110000 40000 11145

291000 14000 3874

500 120000 100000 21276 75000 39000 7870

103376 175000

8657

10587334

AMOUNT 179044 108000 12963

300007

DETAILS OF DUTIES & TAXES PAYABLE FOR THE YEAR ENDED


PARTICULARS ESIC PAYABLE A/C PROFFESION TAX PAYABLE A/C TDS 94J TDS On Interest TDS On Securities TOTAL

SCHEDULE "G" DETAILS OF OTHER LIABILITIES FOR THE YEAR ENDED


AMOUNT 15681 2900 3319

102496 150

124546

lsR No.I PARTICULARS

1 BONUS PAYABLE A/C. 172187 2 SALARY PAYABLE A/C. 233015

TOTAL 405202

SCHEDULE "H"

6

SRN0.

1 2 3 4 5 6 7 8 9 10 11 12 13

DETAILS OF FIXED ASSETS FOR THE YEAR ENDED AS ON 31ST MARCH, 2017

PARTICULARS AC SYSTEMS & EQIPMENT COMPUTER & PRINTER & MOBILE D & I EXCELUS SHOWROOM NO.l ELECTRICAL INSTALATION FURNITURE & FIXTURE HONDA CITY CAR MARUTI SUZUKI CIAZ CAR OFFICE EQUIPMENT ORNATE SOFTWARE SAMPLE ARTICALS SENSOR DOOR SET SPECTROMETER VOLTAS FREEZER TOTAL

SCHEDULE "I"

AMOUNT 629239

9408 17868907

994097 2819215 760372 892394 814932

50442 116955 142181 369243

14486 25481871

DETAILS OF LOAN, ADV.& RECEIVABLE FOR THE YEAR ENDED AS ON 31ST MARCH, 2017

SRN0. 1 2 3 4 5 6 7 8 9 10

11 12 13 14 15

PARTICULARS JAGRUTIBEN N CHAUHAN KAJALBEN J CHAUHAN NARENDRABHAI JESINGBHAI CHAUHAN HUF P.G.V.C.L INTEREST RECIVABLE PREPAID EXPENSE PREPAID EXPENSE OF BIS RENEWAL PREPAID INSURANCE TDS RECIVABLE VAT PAYABLE & RECEIVABLE A/C BHAVNAGAR CHOKSI MANDAL BSNL DEPOSIT COFFEE DAY GLOBAL LIMITED DEPOSIT D & I EXCELUS SHOPE MAINTENANCE PGVCL DEPOSIT ADVANCE TAX A.Y. 2017-18 TOTAL

SCHEDULE "J" DETAILS OF ADVANCE TO SUPPLIERS FOR THE YEAR ENDED


SR NO. PARTICULARS 1 ABDULHAKIM MOHSIN MANDAL 2 AGNI JEWELS PVT LTD.

TOTAL

AMOUNT 261590 254704

1755667 4508

58873 5367

123082 59809 49563 2500 2100

25000 644770

18764 2350000

5616297

AMOUNT 750000

1952

SCHEDULE "K" DETAILS OF SUNDRY DEBTORS FOR THE YEAR ENDED

.. AS ON 31ST MARCH, 2017

... SR NO. PARTICULARS AMOUNT

1 MOHABATSINH RATHOD 40750

2 NILESHBHAI V TRIVEDI. 5980 3 ABUSUFIYAN SHAIKH. 3250

4 AHMADBHAI MUSHABHAI SAIYAD 1950

5 AJAYBHAI NANJIBHAI MER 19000

6 AJITDAN J GADHAVI 9350

7 AKSHAYBHAI P PATEL 380

8 AMINBHAI SAIYED. 4560

9 AMISHABEN MEHULBHAI PANDYA. 27390

10 ANILBHAI RAMBHAI DANGAR 102309

11 ANIRUDDHSINH SURUBHA RANA 225900

12 ARJANBHAI KANABHAI PARMAR 24840

13 ARVINDSINH A GOHIL 13550

14 ASHABEN SAJANBHAI CHAVDA 19750 15 ASHOKBHAI GORDHANBHAI GOHIL 130481

16 ASHOKBHAIGORDHANBHAIGOHIL(DRAW) 135096 17 ASHOKBHAI M DODIYA. 13660 18 ASHOKBHAI VASHRAMBHAI KHASIYA 13419 19 ASHRAFBHAI USMANBHAI UCHADIYA 7750 20 ATULBHAI GORDHANBHAI SATTANI. 7850 21 ATULBHAI MEHTA 9040 22 BJ GADHAVI 23000 23 BABUBHAIDEVSANGBHAIPARMAR 6530 24 BABUBHAIJASABHAIJADAV 8830 25 BABUBHAI TALSHIBHAI DESAI 170000 26 BALDEVSINH C GOHIL 2310 27 BECHARBHAI KANABHAI BHARWAD. 61230 28 BHADRESHBHAIBHUPATBHAIPATEL 650 29 BHAGVANBHAIBHUPATBHAIJALU 120843 30 BHANUBEN M BAVADIYA 1340 31 BHARATBHAISHELABHAIRATHOD 77400 32 BHARATSINH MORI. 15780 33 BHARGAVBHAIBHARATBHAISONI 500 34 BHARTIBEN RANJITSINH GOHIL 227995 35 BHIKHABHAIHASANBHAISAMA 1730 36 BHOLABHAIJAMSANGBHAICHAVDA 66280 37 BHOOMIBEN SURESHBHAI ANDHARIYA. 630 38 BHUMIBEN RAMESHBHAI VADDORIYA 60900 39 BHUMIBEN Y RAJYAGURU. 200 40 BHUPATBHAI MAGANBHAI BARAIYA 3700 41 BHUPATBHAI VASHRAMBHAI KHASIYA 54480 42 BINABEN HARESHBHAI JOSHI. 1920 43 BRIJENBHAI MUKUNDBHAI AJVALIYA 6000 44 BRIJESHBHAI BAVADIYA. 103782 45 BUDHABHAIBHANABHAIMER 90240

8

46 CHANDRIKABEN MANHARBHAI NATHANI. 2981 47 CHETANBHAI RAJNIBHAI SAVALIYA 53220

,· 48 CHHOTELAL GUPTA 12831 49 CHIRAGBHAI D LANGALIYA. 36567 50 CHIRAGBHAINARENDRABHAIJOSHI 29490 51 DASHRATHSINH P ZALA 28082 52 DEVABHAIBHAVANBHAIDANGAR 53288 53 DHARMENDRASINH GHANSHAYMSINH SARVAIYA 27370 54 DHARMENDRASINH R JALIYA 20390 55 DHIRUBHAISHAMBHUBHAICHAUHAN. 14170 56 DILIPBHAI CHAUHAN . 640 57 DINUBA JADEJA 5200 58 DIXITABEN ANDHARIYA. 440 59 DIXITBHAI NATHABHAI JOSHI 74770 60 DR. SAHDEVSINH PARMAR 111240 61 DURGAWATI CHHOTELAL GUPTA. 303471 62 FALGUNBHAI J MEHTA 1490 63 FARUKBHAI S SAIYAD 3250 64 FIROZBHAI A GORI 4010 65 FIROZBHAI F ZA VERI 10950 66 FIROZBHAI RAJAKBHAI MALKANI. 29470 67 GAJENDRASINH PARMAR 1070 68 GAURANGINIBEN DALSHIBHAI KATARA 16626 69 GEETABA KISHORSINH GHELDA 2870 70 GHANSHYAMBHAIPOPATBHAIBARAIYA 23570 71 GHUGHABHAIGOKULBHAICHAUHAN. 4000 72 GOPALBHAI MOTIBHAI CHAUHAN 34830 73 GOPIBEN JAYDIPBHAI SATTANI 16331 74 GOVINDBHAI G SHIHORA 24505 75 GULABBHAI BACHUBHAI KURESHI. 4000 76 HJ GOHIL 53180 77 HADABHAI GOVINDBHAI DANGAR. 11137 78 HAJIUMAR SORA 10920 79 HAKUBHAI VITHTHALBHAI MALI. 35729 80 HAMIDABEN AHMADBHAI DERAIYA 39750 81 HANSABEN BAHADURSINH JADAV 19200 82 HARIPRASAD JITENDRAPRASAD GONDALIYA 722300 83 HARSHADBHAI LAUIBHAI JASOLIYA 30000 84 HASMUKHRAIUKABHAIPATEL 31880 85 HEMANTSINH R GOHIL 28300 86 HEMRAJBHAI LAXMANBHAI CHAUHAN. 6950 87 HITESHBHAI GHANSHYAMBHAI BAMBHANIYA 2470 88 IBRAHIMBHAI HAJIBHAI BILAKHIYA. 6060 89 JADAVBHAI GOVINDBHAI KOTAR. 56196 90 JAGDISHBHAI KHETABHAI TOTA 6182 91 JAGRUTIBEN B PARMAR 15370 92 JAGRUTIBEN PRAKASHBHAI CHAUHAN 3000 93 JAGRUTIBEN R CHAUHAN 4500 94 JAHNAVI MAKWANA. 1107 95 JAMSANGBHAIKARSANBHAICHAVDA 73245

96 JATINBHAI G GOHIL. 33320 97 JAYDIP AMITBHAI NAIYA 1650 98 JAYDIPBHAI HASMUKHBHAI SATTANI 199618 99 JAYDIPSINH N JADEJA 117820

' 100 JAYENDRASINH BHARATSINH GOHIL. 365509 101 JAYESHBHAI ARJANBHAI SODLA 9500 102 JAYRAJBHAI D HARKAT 7500 103 JAYRAJSINH GOVINDSINH JADEJA 41573 104 JESINGBHAI JEWELLERS CUSTOMER 36941 105 JETUNBEN S RAFAI 22000 106 JITENDRABHAI K GHOGHARI 23250 107 JORUBHAI MADHUBHAI DODIYA 45900 108 KY GOHIL 67450 109 KAJALBEN SUMITKUMAR PARMAR 31580 110 KALPESHBHAI BOGHABHAI ALGOTAR. 50950 111 KANUBHAIJASABHAIJADAV. 14000 112 KARANSINH M RAYJADA 145693 113 KAVITABEN PRAKASHKUMAR CHAVDA 15700 114 KHAMABA BHIKHUBHA JADEJA 1360 115 KHARSHANBHAI NANJIBHAI PARMAR 19500 116 KHYATIBEN KEYURBHAI VIRADIYA 2900 117 KIRANBEN S KESHWANI 7800 118 KIRANBEN VIPULBHAI SACHPARA 117030 119 KISHANBHAI RAJUBHAI MAKWANA 15200 120 KISHORBHAI M BARAIYA 37770 121 KISHORBHAI M PADAYA 94200 122 KISHORSINH SURUBHA ZALA 22590 123 KOMALBEN J CHAUHAN. 2450 124 KRUSHNADEVSINH Y GOHIL 12800 125 LAVJIBHAI MEGHJIBHAI BHANDARI. 57520 126 LAXMANBHAIBHIKHABHAICHOHALA 41400 127 LAXMIBEN DHARABHAI CHAVDA. 4880 128 M J CHAVDA 6770 129 MAHENDRASINH DIPSINH VALA 12583 130 MAHESHBHAI B CHAVDA. 2330 131 MAHESHBHAI KANUBHAI JAGANI. 86043 132 MAHESHBHAI MANUBHAI VAJA 23440 133 MAL TIBEN DILIPBHAI DAVE 30618 134 MAMTABEN MITESHBHAI PATEL 78650 135 MANSINGBHAI GORDHANBHAI GOHIL. 54526 136 MANSUKHBHAI K BAVADIYA. 180128 137 MAVSANGBHAIAJABHAIPARMAR 23800 138 MAYUR MAHESHBHAI RATHOD. 8350 139 MAYURBHAI RASHMIBHAI DHOLAKIYA. 18200 140 MAYURSINH LAXMANBHAI CHAUHAN. 11030 141 MEHBOOBBHAISHABANALILAKHANI 5140 142 MEPABHAI MERABHAI BOLIYA 21500 143 MERABHAI GOVINDBHAI DANGAR. 32300 144 MILANBHAI S BHATT 10900 145 MINAXIBEN M GOHEL 14790

10

----

146 MITESHBHAI DHIRUBHAI KHICHADIYA. 25061 147 MITULBHAI GORDHANBHAI SATTANI. 41020 148 MOHMMADBHAI JAMALBHAI SAIYED. 22366 149 MOTIBHAI BHIMABHAI CHAUHAN 68470

,_ 150 MUKESHBHAI ANANDBHAI MAKWANA. 40695 151 MUKESHBHAI PRAVINBHAI WAGHELA 3000 152 MULRAJSINH RUPSINH GOHIL. 40960 153 MUNNABHAI DHANABHAI BARAIYA. 91770 154 NARANBHAI CHOTHABHAI BABARIYA. 119606 155 NARANBHAI NATHUBHAI MALAVIYA 1120 156 NARENDRASINH JORSINH PARMAR 58770 157 NARU GOVINDBHAI DANGAR 10000 158 NATHABHAI B KUVADIYA 14000 159 NATUBHAI KANUBHAI JAGANI. 138457 160 NAVALSHANGBHAIMAVSHANGBHAITANK 90190 161 NAYANBHAIGHANSHYAMBHAIDHADU 57012 162 NIDHI B RAVAL. 6130 163 NILAMBEN M KHOLIYA. 2800 164 NILESHBHAI NAKSHATRA. 192822 165 NIRMALBA BHARATSINH RANA 54953 166 NIRUBEN BHARATKUMAR ANJARA 7600 167 NITABEN S RATHOD. 7231 168 NONGHABHAIMEDHABHAICHAVDA 4996 169 ODHABHAI D CHAVDA 3700 170 PANBAY KRIPALBHAI PARMAR 1100 171 PARSHOTAMBHAIPARSHURAMBHAIAGRAVAT 59960 172 PRAKASHBHAI KANTIBHAI BAMBHANIYA. 72002 173 PRAKASHBHAI V RATHOD. 104226 174 PRATAPBHAI MOTIBHAI CHAUHAN 650 175 PRATIKBHAI DINESHBHAI SHAH 77879 176 PRATIKSHA U KOTHARI. 400 177 RADHABEN BECHARBHAI MUDHAVA. 46528 178 RADHIBEN KAMLESHBHAI MEHTA. 19070 179 RAGHUBHAI SHAMJIBHAI GOHEL 9376 180 RAHULBHAI PARMAR 19340 181 RAJABHAIBHIMABHAICHAUHAN. 12850 182 RAJABHAILAKHABHAIBHANDARI 38660 183 RAJENDRASINH BAHADURSINH SARVAIYA 50000 184 RAJENDRASINH JADEJA 72840 185 RAJENDRASINH PARBATSINH RANA 187000 186 RAJESH KISHORBHAI KALANI. 630 187 RAJUBHAI DHIRUBHAI MAKWANA 4000 188 RAJUBHAI HARIBHAI MER 60492 189 RAKESHBHAI B.PONDA 1360 190 RAKESHBHAI RAJUBHAI WAGHELA 70100 191 RAKESHSINH R GOHIL 5960 192 RAMABEN RANABHAI GUDALA. 10312 193 RAMANBHAI JIVANBHAI SOLANKI. 23130 194 RAMESHBHAI B. ALGOTAR. 10417 195 RAMESHBHAI BHOPABHAI DABHI. 31981

11

196 RAMESHBHAIBOGHABHAIALGOTAR 6300 197 RAMESHBHAI J SOLANKI 11250 .. 198 RAMESHBHAI MADHUBHAI DODIYA . 17600 199 RAMESHBHAI ODHABHAI ITALIYA. 3020

\. 200 RAMSANGBHAIKHODABHAICHAVDA 87946 201 RANCHODBHAILAXMANBHAIMER 116859 202 RANJANBEN PARSHOTAMBHAI CHUDASAMA 18200 203 RANJITBHAI RAMSANGBHAI JALIYA 19570 204 RANJITSINH HARISINH GOHIL 68098 205 RANJITSINH RAMSINHBHAI MORI 127200 206 RANJITSINH RATANSINH PARMAR 26450 207 RANVIJAYSINH DIPSINH SOLANKI 75800 208 RASMIBEN BALVANTBHAI JOSHI 22550 209 RAZIYABEN KASAMBHAI DERAIYA 21500 210 REKHABEN HASMUKHBHAI SATTANI 32785 211 RINKUBA MAHIPATSINH CHAUHAN 97589 212 ROSHANBEN ABBASBHAI DERAIYA 10430 213 ROSHANBEN HAYATBHAI KURESHI. 1610 214 RUDIBEN RUPSHANGBHAI PARMAR 4217 215 RUPALBEN ASHOKSINH CHAUHAN 38650 216 S S HAMIRANI. 15090 217 SADABHAI BHAIJIBHAI SOLANKI 104209 218 SADHNABEN VRAJLAL RAV 2000 219 SAJID MOHMMADBHAI SAIYED 42522 220 SALIM HASANBHAI SHEIKH. 3000 221 SAMATBHAI BHUTHABHAI KANTARIYA. 1709 222 SAMIRBHAI BHADIYADRA 450 223 SAMRATBEN DIYALBHAI SACHAPARA 57170 224 SANDIPBHAI JAGANI 43470 225 SANGITABEN MAHESHBHAI JAGANI 28250 226 SANJAYBHAI A MORI 229215 227 SANJAYBHAI JAMSINHBHAI CHAVDA. 73469 228 SANTOSHBHAI P HIRANI. 870 229 SEEMA GANPATBHAI MORE 3611 230 SHAHDEVSINH N JADEJA 12350 231 SHAILESH BHAI MANSINGBHAI MORI. 21000 232 SHAKTISINH KHUMANSINH GOHIL 58700 233 SHIVAM A GOHEL 178959 234 SHIVBHADRASINH S JADEJA 16775 235 SHIVUBEN SURESHBHAI DANGAR 13417 236 SHUBHAM 2860 237 SUMANBEN R NAVLANI 5000 238 SUNILBHAI JAMSHANGBHAI CHAVDA. 238072 239 THAKARSHIBHAI JASOLIYA 1800 240 UDESANGBHAI RAMSANGBHAI MORI 7500 241 USHABEN HARESHBHAI RATHOD 2950 242 VD ZALA. 13350 243 VAGHABHAISAMANTBHAIMER 235135 244 VAIBHAV R MAKWANA. 5000 245 VAIBHAVBHAIRAJESHBHAISAVANI 35720

12

246

247

"' 248

249

\; 250

251

252

253

254

255

256

257

258

259

260

261

262

263

264

265

SR NO.

1

2

3

4

VAJUBHAI NATHUBHAI RATHOD.

VARSHABA V PARMAR

VASUBHAI MANGALANI

VIJAYSINH D GOHIL

VIJAYSINH GHANSHYAMSINH SARVAIYA

VIJAYSINH RAMSINH BHAT!

VIJAYSINH RANA

VIJAYSINH VIKRAMSINH DODIYA.

VINODBHAI M CHAUHAN

VINODSINH BALVANSINH GOHIL.

VIPULBHAI JIVRAJBHAI SAVANI

VIPULBHAI KISHORBHAI CHAUHAN

VIRBHADRASINH M GOHIL.

YATRIKBHAI OZA

YOGESHBHAI B YADAV

YUSUBBHAIYAKUBBHAISAIYAD

YUVRAJBHAI DHIRUBHAI CHAUHAN

YUVRAJSINH BHIKHUBHA GOHIL

YUVRAJSINH MANUBHAI PARMAR

YUVRAJSINH N JADEJA

TOTAL

SCHEDULE "L" DETAILS OF CASH & BANK BALANCES FOR THE YEAR ENDED


PARTICULARS HDFC BANK LTD CUR A/C NO. 50200002105477

KOTAK BANK A/C NO 3811556339

SWIPE CARD ICICI BANK A/C

CASH ON HAND

TOTAL

10070

90380

9850

12750

10400

7630

4900

5260

19930

59592

88790

51700

3800

15942

5000

8720

14660

3600

18030

5850

11120668

AMOUNT 8409

26004

269095

597334

900843

To, "' ASHOK BAJAJ & CO.

CHARTERED ACCOUNTANTS \. 216, Punit Shopping Center,

Ranavav Chowk, Junagadh - 362 001.

Sub: Certificate of Confirmation for the purpose of audit under section 44AB of the Income-Tax Act, 1961 for the financial year 2016-2017 (Assessment Year 2017-2018)

Dear Sir,

Please refer to aforesaid, I hereby certify the followings: -

1 Cash Balance: that there was a cash balance of Rs.597334/- at the closing of the year, which was physically verified and found correct by us.

2 Bank Balance: The firm is having following bank balance with respective bank:

Name & Branch of Bank Closing Balance Current A/c, O/D, r1r Air

HDFC BANK LTD A/C NO. Rs.8409 Current A/c NO. 50200002105477 KOTAK BANK A/C Rs.26004 Current A/c NO 3811556339 HDFC BANK LTD CC A/C (-) Rs.59226254 CC A/C No. 50200003817650 ICICI CIAZ CAR LOAN NO - (-) Rs.553114 LOAN A/C No. LABVR00033629890 ICICI H CITY CAR LOAN (-) Rs.405230 LOAN A/C NO - LABVR00032411530 KOTAK BANK/ LOAN A/C (-) Rs.16238200 LOAN A/C

SWIPE CARD ICICI BANK A/C Rs.269095 SWIPE CARD A/c.

The above accounts have been duly reconciled and the Bank Reconciliation statement has been prepared, where required.

3 Stock: that there was closing stock of Rs. 105380020 /- of goods which was physically verified by us and valued at cost price (At Cost & MRP) or net realizable The above stock includes stock of the concern, wherever located; There was no goods of the concern lying with other at the closing of the year; There were no goods of other lying with concern at the closing of the year;

- 4 Debtors: that there were sundry debtors against goods/services amounting to Rs.11120668/- at the closing of the year, which were good and realisable;

5 Creditors: that there were sundry creditors against goods/services purchased amounting to Rs.8800726/- at the closing of the year,

! i I :

f:

•· i.'

I t

)

6 Fixed Assets: that fixed assets are of the concern in the name of concern or proprietor/partner. All the fixed assets have been physically verified at the closing of the year, and are in running/usable condition.

7 Expenditure & Income: That all expenditure and income have been accounted for upto the year-end on mercantile (accrual) method of accounting.

8 Loans or Deposits on Hundi: There are no loans or deposit taken on Hundi during the year.

9 Payment to Relatives: Payment to relative under section 40 A (2) (b) of the Income-tax Act, 1961 are detailed in paragraph 18 of form No. 3CD.

10 Contingent Liabilities: There are no contingent liabilities against the concern at the closing of the year.

11 Quantitative Details: Quantitative details are maintained as per VAT record.

12 The financial statements are free of material misstatements, including omissions.

13 We have no plans or intentions that may materially affect the carrying value or classification of assets and liabilities reflected in the financial statements.

14 The allocation between capital and revenue has been correctly done and that no items of capital nature have been debited to Profit & Loss account and vice versa.

15 No Personal Expenses have been charged to Revenue Accounts.

16 No Fraud has been committed during the year.

I confirm the above information.

Yours faithfully,


PARTNER

Date :

Place:

~a

j l

i, / i J

j

{ __

Tax deduction Date of

Whether the statement of tax and collection

Type of Form Due date for

furnishing, if deducted or collected contains the

Account furnishing information about all transaction Number (TAN)

furnished which are required to be reported

Not Applicable

(c) Whether the assessee is liable to pay interest under section 201(1A) or section 206C(7). If yes, please furnish : YES

Tax deduction and Amount of Interest under section Amount paid out of column (2) along

collection Account Number (TAN)

201(1A)/206C(7) is payable with date of payment

As per Annexure - VII

35 (a) In the case of a trading concern give quantitative

details of principal items of goods traded

(i) Opening stock

(ii) Purchases during the previous year

(iii) Sales during the previous year

(iv) Closing stock

(v) Shortage/excess, if any

(b) In the case of a manufacturing concern, give quantitative details of the principal items of raw materials, finished products and by-products.

A. Raw Materials: (i) Opening Stock


(iii) Consumption during the previous year

(iv) Sales during the previous year

(v) Closing stock

(vi) Yield of finished products

(vii) Percentage of yield

(viii Shortage/excess, if any

B. Finished products/By-products:

(i) Opening stock


(iii) Quantity manufactured during the

previous year.

(iv) Sales during the previous year

(v) Closing stock

(vi) Shortage/excess, if any.

As per Annexure - VIII

As per Annexure - VIII

36 In the case of a domestic company, details of tax Not Applicable on distributed profits under section 1150 in the following form:-

3CD11

I

37

(a) Total amount of distributed profits.

(b) Amount of reduction as referred to in section 115 -0 (1A) (i)

(c) Amount of reduction as referred to in section 115 -0 (lA) (ii)

(d) Total tax paid thereon.

(e) Dates of payment with amounts.

Whether any cost audit was carried out, if yes, give

the details, if any, of disqualification or

disaggrement on any matter/item/value/quality as

may be reported/identified by the cost auditor.

Not Applicable

No such Audit was carried out

38 Whether any audit was conducted under the Central

Excise Act, 1944, if yes, give the details, if any, of

disqualification or disaggrement on any No Such Audit was conducted

matter/item/value/quality as may be

reported/identified by the auditor.

39 Whether any audit was conducted under section 72a

of the Finance Act, 1994 in relation to valuation of

taxable services, if yes, give the details, if any, of

disqualification or disaggrement on any No Such Audit was conducted

matter/item/value/quality as may be

reported/identified by the auditor.

40 Details regarding turnover, gross profit etc. for the previous year and preceding previous year:-

Serial Particular Previous Year

Preceding Previous Number Year

1 Total Turnover of the Assessee 429443977 474445845

7.17% 6.71% 2 Gross Profit/Turnover

30804285/429443977 31826549/474445845

2.62% 1.97% 3 Net Profit* /Turnover

11236651/429443977 9362556/474445845

24.54% 22.98% 4 Stock in Trade/Turnover

105380020/429443977 109014629/474445845

5 Material Consumed/Finished Goods Produced 28599.17/23370.715 148598/141345 gms

(The details required to be furnished for principal items of goods traded or manufactured or services rendered)

* In order to make the information Comparative and useful Net Profit is taken before Partner's Re~r:r/Jtjw:ti'fb!I, Interest on Capital. 0~ ---

. ~

3CD12

41 Please furnish the details of demand raised or refund : Not Applicable

issued during the previou year under any tax laws

other than Income tax Act, 1961 and Wealth tax Act,

1957 alongwith details of relevant proceedings.

Annexure- I

Comparative Figures of Current & Preceding Year in Annexure: I is attached herewith


PARTNER

PLACEJUNAGADH

DATE : 30/10/2017

3CD13

TAX AUDIT REPORT -U/S 44AB-shubhlaxmiltd.in/image/catalog/pdfs/TaxAuditreport201617.pdf ·...

Documents

Transcript of TAX AUDIT REPORT -U/S 44AB-shubhlaxmiltd.in/image/catalog/pdfs/TaxAuditreport201617.pdf ·...