NAME : KAILASH ROOFING SOLUTIONS

ADDRESS : PROP:SMT YASHODA

No.61,N.R.Road
BANGALORE-560 002
PAN : AAFPY4135R
STATUS : Individual
WARD : ACIT1(4)
ASS.Yr : 2013-2014
Yr.ENDED : 31.03.2013

CAPITAL ACCOUNT FOR THE YEAR ENDED 31-03-2013

To Advance Tax 900000.00 By Balance b/f 5177925.21
To LIC Premium 102092.00 By Long term Capital Gains 5050997.52
To Income Tax 245790.00 By Net Profit From - 6219413.33
To BBMP Tax 4474.00 Kailash Roofing Solutions
To Star Health Insurance 10799.00
To Drawings 500991.00
To TDS 11000.00
To School/College Fees 1076220.00
To Balance c/d 13596970.06
16448336.06 16448336.06

BALANCE-SHEET AS ON 31-03-2013
Capital Account 13596970.06 House Property A/C 550035.00
Loans 12517500.00 Vishal Vijay Shah 4458.68
Azmathullah 110000.00
Noorullah 110000.00
Investment in shares
Lifeline Drugs & Pharma Ltd(1000) 45041.32
Tuni Textiles(13000) 45765.11
Kailash Roofing Solutions 25249169.95
26114470.06 26114470.06

DETAILS OF LONG TERM CAPITAL GAINS ON SALE OF SHARES

Name No.of Shares Cost Sale LTCG
Tuni Textiles 158417.67 5209415.19 5050997.52

STATEMENT OF TOTAL INCOME

A:INCOME FROM BUSINESS
Net profit as per Profit & Loss Account 6219413.33

B:INCOME FROM CAPITAL GAINS

Long term Capital gain on sale of sale of shares 5050997.52
Less:Exemption 5050997.52 0.00
GROSS TOTAL INCOME 6219413.33
Less:Deduction U/S 80-C
LIC Premium 102092.00 100000.00
Less:Deduction U/S 80-D
Health Insurance 10799.00 110799.00
TOTAL INCOME 6108614.33
ROUNDED OFF 6108610.00
TAX ON Rs. 6108610.00 1662583.00
Add:Education Cess @3% 49877.00
1712460.00
Less:TDS
Priyadarshini Creation 11000.00
Less:Advance Tax Paid
17.09.2012 300000.00
15.12.2012 300000.00
15.03.2013 300000.00 911000.00
801460.00
Add:Interest u/s 234B 48084.00
Add:Interest u/s 234C 35950.00 84034.00
Tax Payable 885494.00
TAX PAID U/S 140A 885490
 NAME : KAILASH ROOFING SOLUTIONS
ADDRESS : PROP:SMT YASHODA
No.61,N.R.Road
BANGALORE-560 002
PAN : AAFPY4135R
STATUS : Individual
WARD : ACIT 1(4)
ASS.Yr : 2013-2014
Yr.ENDED : 31.03.2013

TRADING,PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2013

To Opening Stock 11803671.00 By Sales 138375043.52
To Purchases 132827251.03 By Closing Stock(As certified 23699329.00
To Labour Charges 621374.00 by proprietor)
To Gross Profit c/d 16822076.49
162074372.52 162074372.52
To Advertisement 155371.00 By Gross Profit b/d 16822076.49
To Audit Fees 45000.00
To Bank Charges 255688.96
To Bonus Paid 124460.00
To Depreciation 280700.00
To Discount & Rebate 79470.75
To Donation 200.00
To Electricity Charges 74327.00
To ESI/PF 70884.00
To ESI Consultany Charges 9600.00
To Loan Interest Paid 1169927.93
To Loan Processing Fees 444813.99
To News Paper & Periodicals 1400.00
To Postage & Courier 22819.00
To Printing & Stationary 100481.00
To Professional Tax 2500.00
To Repairs & Maintenance 37292.00
To Salaries 1906888.00
To Shop Insurance 34993.00
To Shop & Godown Rent 4225876.00
To Staff Welfare Exp 557947.00
To Telephone Charges 157527.33
To Tempo & Cooli Charges 359493.20
To Travelling & Conveyance 258764.00
To Rates & Taxes 20017.00
To Vehicle Maint.Expenses 145757.00
To Water Charges 60465.00
To Net Profit 6219413.33
16822076.49 16822076.49

As per my report of even date attached

For Akshay Mehta & Co. For Kailash Roofing Solutions
Chartered Accountants

Propritrix
Akshay G.Mehta
Proprietor
M.No.226884,FRN 014071s
Place:Bangalore
Date:12.08.2013
 NAME : KAILASH ROOFING SOLUTIONS
ADDRESS : PROP:SMT YASHODA
No.61,N.R.Road
BANGALORE-560 002
PAN : AAFPY4135R
STATUS : Individual
WARD : ACIT 1(4)
ASS.Yr : 2013-2014
Yr.ENDED : 31.03.2013

BALANCE SHEET AS ON 31.03.2013

Capital Account 25249169.95 Fixed Assets 6291884.00
Sundry Loan Creditors 10987928.75 Deposits & Advances 11054883.65
Sundry Trade Creditors 23562389.58 Sundry Debtors 20189694.50
Sundry Other Creditors 3260856.85 Closing Stock 23699329.00
Canara Bank 60136.85 Vijaya Bank SB 31754.14
Jammu & Kashmir Bank 656073.93 ICICI Bank 24943.82
Cash-in-hand 2484066.80

63776555.91 63776555.91

Note : i)Balance of debtors and creditors are subject to confirmation

ii) Closing stock is certified by proprietor

As per my report of even date attached For Kailash Roofing Solutions

For Akshay Mehta & Co.
Chartered Accountants
Propritrix

Akshay G.Mehta
Proprietor
M.No.226884,FRN 014071s
Place:Bangalore
Date:12.08.2013
 NAME : KAILASH ROOFING SOLUTIONS
ASS.Yr : 2013-2014
Yr.ENDED : 31.03.2013

CAPITAL ACCOUNT FOR THE YEAR ENDED 31-03-2013

To Advance Tax 900000.00 By Balance b/f 22103451.19
To Income Tax 245790.00 By Net Profit 6219413.33
To LIC Premium 102092.00
To TDS 11000.00
To Withdrawals 1814812.57
To Balance c/d 25249169.95
28322864.52 28322864.52

LIST OF SUNDRY LOAN CREDITORS

NBFC & Bank Loan
DIWAN HOUSING FINANCE LTD 7562626.00
H D F C NEW LOAN 1171102.51
Standard Charted Bank 2254200.24
10987928.75
 NAME KAILASH ROOFING SOLUTIONS
ASS.Yr 2013-2014
Yr.ENDED 31.03.2013

LIST OF SUNDRY TRADE DEBTORS

A V S Construction 119451.00
A W Grill Work 31706.00
Aadhavan Enterprises 128677.00
Adarsha Packing Pvt Ltd 18940.00
Adept Project Pvt Ltd 402434.00
Adit Tech 37547.00
Aditheye Kishena Hotels 16031.00
Aditya Granites 28798.00
Air Comfort Systems 33496.50
Airier Natural[P]Ltd 252004.00
Akash Rice Industries 383705.00
Akshaya Enterprises 11416.00
Alfa Steel 231446.00
All Well Steels Pvt Ltd 71663.00
ANIL- J SINGH 59321.00
Anitha Fluxer Alloy Specility [P]Ltd 80000.00
Annapoorna Associates 58422.00
Arihanth Powder 49728.00
Arun Construction & Builders 146948.00
Arun Constructions 61854.00
B M Venkatta Setty & Co, 46424.00
B Nandgopal Reddy 12719.00
Balaji Enterprises-Arisekera 36923.00
Balaji Safty Glass 55596.00
Bangalore Acid & Chemicals 42876.00
Bangalore Alloys 173890.00
Basaveshwara Enterprises 106724.00
Bhadra Metal Products 55650.00
Bhagavathi Engg-Shimegho 291367.00
Bhagyalakshmi Constructionco 99754.00
Bhavagathi Engg. 36132.00
C N C Automation Unit 90416.00
Canara Project [P] Ltd 58267.00
Cardinal 21530.00
Chandra Shaker-Blore 11206.00
Chandran-Goa 14169.00
Commonding Officers 23466.00
Crystal Engg.Work 107837.00
Diamond Traders 17408.00
Dress Circle Events 125000.00
E M R Developers 101903.00
Ejaz Tamming Company 94889.00
Ever Shine Modern Rice Mill 21233.00
Featherlite Products [P]Ltd 27279.00
G Abdul Rahman & Co. 281259.00
G I T B P Campus 44655.00
G.Gopalappa 116081.00
Gemi Labs India Pvt Ltd 14196.00
Ginzer Infrastructure Pvt Ltd 223073.00
Gnanajyothi School 27720.00
Gomani Contructions 192646.00
Gowtham H/W -Bangerpet 52223.00
Guru Prasad 14404.00
Guru Shekar 15743.00
Hasib Ali 160632.00
Hijaji Engg.Fabrcators 21660.00
Hindustan Steel -Kolar 124724.00
Hyson Hardware 36266.00
I F B Astro Movie [P]Ltd 12399.00
Ideal Fiber Glass 54531.00
Innopack Industries 24817.00
Janatha Metrix 11805.00
Jeevan Traders 296958.00
Joseph P W D 12992.00
Jyothi Traders 72524.00
K B R Infratech Ltd 25640.00
K Ravi- Bangalore 17819.00
K S Dev Prakash 15469.00
Kan Singh 24330.00
Kanva Fashions Ltd 40824.00
Karnataka State Circket Associates. 45679.00
Kband Polymers 97736.00
Kirthna Enterprises 21316.00
Krishna 23596.00
Krishna Metals 60178.00
Life Line Feeds 282476.00
M C Kumar 34339.00
M G I Fabs Engg.[P]Ltd 18182.00
M K B Industries 94992.00
M Krishna Kumar 258511.00
M L S Enterprises 45257.00
M Nisar Ahmed & Son 27197.00
M R Granite 10169.00
M R SteelDistributers 275439.00
M S Enterprises 84211.00
M S Rammayya Developers 22675.00
M S Suresh 10723.00
M Suresh 15638.00
M V Ramswamy .R 140357.00
Mahalaxmi Steel Centre 38459.00
Mahendra Ceramices 104381.00
Manjushree Constructions 199534.00
Manvanth Fabs 117182.00
Maruthi Steel Fabrications 55860.00
Megawin Structuress 20485.00
Metal Craft 56839.00
Metal Waves 15416.00
Metro Polies Properties 84748.00
Mewa Steel 58968.00
Mount Carmal Church 26408.00
Mutil Techno Fab 29516.00
Mysore Cooking Gas Equi.& Fab 95251.00
Mythri Metallizing Pvt Ltd 22321.00
N M R Enterprises 181732.00
N Prasad 32337.00
N S Fabrications 23200.00
N S Industries 325219.00
Nakshatra Celestia 56605.00
Nandeshwara Enterprises 50150.00
Neeladri Engg. 34339.00
Neha Enterprises 11706.00
Neminath Pipes & Plywoods 27559.00
New M P Agro Chemicals 26639.00
Nilkanta Rao Deshmukh 59156.00
Nimeshamba Constructions 23995.00
Nirmith Kandara-Pradeep 113510.00
Nittur Associates 48798.00
Olive Life Scieences Pvt Ltd 26225.00
Om Sai H/W 76048.00
Oswal Minerale Ltd 90950.00
P Shankar 10894.00
Pankaj Steel 204949.00
Pavithra Roofing Solutions 42823.00
Piagaum Steel & H/W 96917.00
PLANNET KIDS 14595.00
Prabhakar-Vijay 38887.00
Pragathi Steel Casting Pvt Ltd 212299.00
Prakash Hegda-Sudhakar 23441.00
Prakash Jonnalagadda 149414.00
Purua Packaging 151442.00
R B Steel 404351.00
R Steel & Cement 10119.00
RAGHU 20016.00
Raghu Verma 30725.00
Raj Fabricatore-Hospet 34347.00
Rajendra Metal Ind.-Jagani 25623.00
RAJESH GOA 148213.00
Rajeshwari Appartment 12713.00
Ramkrishna Traders 58430.00
Ratnamani Metals & Pipes 34827.00
Reliable Agencies 123981.00
Reliable Engg Group 162156.00
Reza Trading Co. 52669.00
Rhodium Ferro Alloys Pvt Ltd 34623.00
Rinac Insul.[P]Ltd 12341.00
Rishi Samskruthi Vidhya Kandra 18499.00
Royal Steel Corporations 22266.00
Rupam Marketing - Tumkur 58542.00
S G R Auto Spare & Care[Murali] 15745.00
S G R Constructions 72344.00
S I Traders Mysore 110000.00
S K Angadi 133643.00
S K Shettar 11810.00
S M S Traders & Fabricators 52704.00
S M Steels -Mandya 33928.00
S R Engg.Works - Bangerpet 20000.00
S S R V M Trust 115778.00
S S S Fabricators 156938.00
S.S.Agencies 53071.00
S.V Engg Work 108226.00
Sai Charita Builders 109149.00
Sai Lakshmi Iron & Steel 51166.00
Sai Ram Constructions 226113.00
Saitek Engg. 53272.00
Santhosh Steel Metal Ind. 13115.00
Santosh Traders-Tiptur 30235.00
Satish Mysore 19758.00
Satrac Engg.Pvt Ltd 39736.00
Selvaraj Constructions 230170.00
Shakthi Aluminium 300353.00
Sham Raj 45826.00
Shankar Fab 44258.00
Shanthi H/W & Plywood- Raichur 382186.00
Sharvan Glass & Plywood 21705.00
Shilpshree Hardware 213258.00
Shree KamalsTrading Co., 38728.00
Shree Lakshmi Venkateshwara 203840.00
Shree Roof Tech 19502.00
Shree Vigneshvar Fabrication -B G Rd 70553.00
Sinox Metals Pvt Ltd 22754.00
Sir Shardha Plywood & H/W Centre 32593.00
Solar Associates 240353.00
Solar Granite Exports 39712.00
Solid State [P] Ltd 26365.00
Somanath Traders-Mysor 147593.00
Sonik Graphices 13792.00
South India Timber Traders 88524.00
Southern Metals 83544.00
Sree Benaka Engg.Worke 118343.00
Sree Podder Iron Store 38676.00
Sri Balaji Engg.Work 29657.00
Sri Guru Hardware Udupi 125128.00
Sri Kottureshwara Agencies 376674.00
Sri Manjunath Engg.Work 184572.00
Sri Prayad Engg.Work 40962.00
Sri Sai Enterprises 20784.00
Sri Veerabhadreshwara Agro Inputs 63771.00
Sri Venkateshwara Developers 30840.00
Sri Venkateshwara Rice Industries 85269.00
Sri Venkateshwarea Engg. Work[B'lore] 17548.00
Srinivas Reddy 14713.00
Standard Agencies 71248.00
Star Enng. Works 40441.00
State Bldg.Products 32404.00
Steam I C N 45386.00
Street Light Pole Manuf. 26224.00
Sudharshan Hardware 20839.00
Sugam Engg - S A/c. 20116.00
Sujan Fab Engg.& Fabricators 52992.00
Sundar Balani 21641.00
Sunil Kumar -Raghu Cust 124397.00
Szaar Livslock Pvt Ltd 24562.00
T Ekambaram Naidu 65056.00
T&T Engg. & Contractors 279848.00
Techno Fab-Hubli 388905.00
Tejaswl Constructions 263535.00
Transform Projects P Ltd 11068.00
Uma Maheshwari Devastana 19532.00
Undar Sharma 13078.00
Unnathi Eco Friendly 14088.00
V V Agencies 111750.00
V.Lakshminarayan 18257.00
Vasavi Enterprises 14265.00
Vasudev Reddy 99986.00
Ved Vighna Maha Vidya Peeta 54569.00
Vedha Engg, & Contractors Pvtltd 11881.00
Veer-O-Metals Pvt Ltd 15687.00
Venkatarmaih 31622.00
Vijay Engg.Indl.Fabrications 113242.00
Vijay Roofing Solutions 96227.00
Vijayanagar Sugar Pvt Ltd 133978.00
Vimal Steel Siddhapura 15201.00
Vin Enterprises 123486.00
Vinay Treaders 106894.00
Vinayaka Cars Pvt Ltd 37712.00
Vinyasa Engg Pvt Ltd 359957.00
Virginia Developers Pvt Ltd 107245.00
Vishwanath Cont. HAL 338577.00
Vishwanath Sugar Ltd 136864.00
Wrought Iron Steel 22797.00
Yash Graphix 46434.00
Zaini Enterprises 74482.00
TOTAL 20189694.50
10094847
10094847
 DETAILS OF SHOP & GODOWN RENT PAID
Omar Sharief 726000.00
J.N.Kripakar Rao 297660.00
Vinod K.Chawla 307543.20
Amar Chawla 307543.20
Usha S.Chawla 307543.20
Neetu M.Chawla 307543.20
Sheetal 307543.20
Narsamma 114000.00
2675376.00

SCHUDLE OF FIXED ASSETS & DEPRECIATION

S.N Particiulers OP Bal+Add Rate Depreciation Cl WDV
1 Car 188364.00 15% 28255.00 160109.00
2 Computer 151640.00 60% 90984.00 60656.00
3 Cutting Machine 7846.00 15% 1177.00 6669.00
4 Furniture 371016.00 10% 37102.00 333914.00
5 Mobile Phone 128025.00 15% 15979.00 112046.00
6 Fax 4727.00 15% 709.00 4018.00
7 Pulsar 50303.00 15% 7545.00 42758.00
8 Printer 2272.00 60% 1363.00 909.00
9 TVS Bike 24135.00 15% 3620.00 20515.00
10 Bajaj Platina 18374.00 15% 2756.00 15618.00
12 Bajaj XCD 24860.00 15% 3729.00 21131.00
13 Verna Car 567609.00 15% 85141.00 482468.00
14 Weighting Machine 15597.00 15% 2340.00 13257.00
'15 Site at Rajasthan 1819300.00 0.00 0.00 1819300.00
'16 Property at Malathahalli 3198516.00 0.00 0.00 3198516.00
6572584.00 280700.00 6291884.00
 NAME : KAILASH ROOFING SOLUTIONS
ASS.Yr : 2013-2014
Yr.ENDED : 31.03.2013

DETAILS OF INTEREST PAID & TDS

TDS Interest
HDFC Bank 0.00 116152.51
Standard Chartered Bank 0.00 330088.24
Diwan Housing Finance Ltd 0.00 621819.00
Bajai Finance Ltd 0.00 8800.00
Tata Capital Ltd 0.00 450.00
HDFC Car Loan A/C 0.00 1411.41
HDFC Bussines Loan 0.00 14207.77
Religare Finvest Ltd 0.00 76999.00
1169927.93

Details of TDS
Name Nature of Payment Amt TDS Amt
As per schedule of Interest Paid Interest 2656500 265650.00
Meena Hinduja Commission 30750 3075.00
Lata Hinduja Commission 33750 3375.00
Priyanka Hinduja Commission 18750 1875.00
Shyam Commission 9000 900.00
Kamal M Rajpal Commission 35000 3500.00
Omar Sharief Rent 726000 72600.00
J N Krupakar Rent 297660 29766.00
Vinod K.Chawala & Others Rent 1537716 153774.00
Pooja Kamara,Mangalore Rent 710500 71050.00
Quality Engg Industries Contract 615804 6159.00
Sugam Engineers Contract 50996 510.00
612234.00