-Professional 4735.00 4735.00 0.

00 OKAY
-Contract 1280.00 1306.80 26.80 Shortfall
16. Madhav Im 12215.00 12214.60 -0.40 Excess
17. Sense Trad 9540.00 9540.48 0.48 OK
18. SGS 622.00 622.04 0.04 OK
19. Shukla Secu 1863.00 1863.40 0.40 OK
20. Soni Dyeing 5630.00 5624.34 -5.66 Excess
21. TST Techno 553.00 458.97 -94.03 Excess

22. Venus Conta 2152.00 2151.78 -0.22 Excess

23. Exim Servic 9950.00 9950.00 0.00 OKAY
24. Arzoo Garm 18363.00 18363.46 0.46 OK
24. Aditya Fash 17421.00 17421.40
25. Ambay 2612.00 2612.27 0.27 OK
26. AR Embriod 3519.00 3518.30 -0.70 Excess
27. BizAid 13556.00 630.00 -12926.00 Excess
28. Deep Fashi 11424.00 10678.14 -745.86 Excess
29. Delhi Steam 2350.00 766.16 -1583.84 Excess
30. Gajanand T 5768.00 5768.68 0.68 OK
31. GS Fire Saf 422.00 421.51 -0.49 Excess
32. HS Garmen 2854.00 2854.48 0.48 OK
33. IK Fashion 2572.00 2571.56 -0.44 Excess
34. Jitender Ent 559.00 558.82 -0.18 Excess
35. Krishna Exp 1984.00 991.76 -992.24 Excess
36. Kumkum Ha 442.00 441.75 -0.25 Excess
37. Mamta Craft 778.00 457.31 -320.69 Excess
38. Mamta Craf 1197.00 1197.37 0.37 OK
39.Mamta Dori 678.00 646.54 -31.46 Excess
40. Millat Fashi 3386.00 3386.24 0.24 OK
41. V.K. Prints 0.00 396.00 396.00 Shortfall
0.00 OKAY
0.00 OKAY
 FASHION & STYLE
For the year ended 31.03.2018
Annexure of Disclosure of Income Computation Disclosure Standards

Income Computation
Disclosure as per ICDS
Disclosure Standard
The significant accounting policies adopted for preparation of financial statements forms part and have been disclosed separately in the finanicial statements
ICDS I-Accounting and there is no change in accounting policy regularly employed by the assessee. However, for the purpose of making compliance of Income Computation
Policies and Disclosure Standards, w.e.f. AY 2017-2018, the assessee has adopted policies to modify the computation of income, in terms of applicable 'Income
Computation and Disclosure Standards' which are separately disclosed hereinafter.

Total carrying amount of inventories and its classification appropriate to the assessee and the accounting policies adopted in measuring inventories including
ICDS II-Inventory the cost formulae used have been disclosed separately and forms part of the financial statements and there is no change in the accounting policies adopted
in measuring inventories. Wherever the inventories are valued at cost, while considering the cost of purchases in inventories, it doesn't include the amount of
taxes/duties which are subsequently recoverable from taxing authorities. Similarly, the amount of purchases is also stated net of such taxes/duties. This
treatment has no impact on currents year's income. Cross reference is also made in clause 14(b) of this form.

The significant accounting policies adopted for recognition of revenue forms part and have been disclosed separately in the financial statements and there is
no change in accounting policy regularly employed by the assessee. The assessee has adopted a policy to modify the computation of income for the
purpose of making compliance of Income Computation and Disclosure Standard-IV. The disclosures as per ICDS-4 are as under:
(a) In a transaction involving sale of good, total amount not recognised as revenue during the previous yeae due to lack of reasonably certainty of its
ICDS IV- Revenue ultimate collection along with nature of uncertainty: Rs. Nil
Recognition (b) The amount of revenue from service transactions recognised as revenue during the previous year have been disclosed separately and forms part of the
financial statements.
( c ) Revenue from service contracts with duration of not more than ninety days is recognised at completed service method and the assessee is not
engaged in executing service contracts exceeding 90 days.
(d) for service transactions in progress at the end of previous year: Not Applicable
(e) Interest on refund of any tax, duty or cess is deemed to be the income of the previous year in which such interest is received.

The significant accounting policies adopted for 'Tangible Fixed Assets' forms part and have been disclosed separately in the financial statements and there is
ICDS V-Tangible Fixed no change in accounting policy regularly employed by the assessee. However, for computation of income, depreciation on 'tangible fixed assets' has been
Assets computed in accordance with the provisions of the Income Tax Act, 1961. For other disclosures as required by ICDS-V, please refer to clause no 18 of this
form.
In the business of the assessee there are no qualifying asset which necessarily require a period of twelve months or more for its acquisition, construction or pr

ICDS IX-Borrowing Cost

In respect of Provisions:-

Electricity
Telephone Salary Audit Fee
Nature of obligation Expenses
Payable Payable Payable
Payable
Its carrying amount at the beginning: 0 187620 746911 50883

Its carrying amount at the end of the Previous Year 8969 227854 623084 62383

ICDS-X-Provisions additional provisions made during the Previous year, Including Increases to
existing provisions 8969 227854 623084 62383

amounts used, that is incurred and charged against the provision, during the
previous year 0 187620 746911 50883

unused amounts reversed during the previous year Nil Nil Nil Nil

the amount of any expected reimbursement, stating the amount of any asset
that has been recognised for that expected reimbursement Nil Nil Nil Nil
 FASHION & STYLE

BALANCE SHEET AS ON 31ST MARCH 2019

LIABILITIES AMOUNT ASSETS

Partners Capital Account Fixed Assets

As per Schedule "G" 90504700.71 As per Schedule "A" 23107185.99

Secured Loans Investment

As per Schedule "H" 41163118.46 Property at C-53, Noida 88387618.98

Unsecured Loans Sundry Debtors

As per Schedule "I" 4950000.00 As per Schedule "B" 57050340.65

Current Liabilities Closing stock 15003000.00

Oriental Bank of Commerce 26194277.74 (As taken, valued & certified by partner)

Sundry Creditors Loan & Advances

As per Schedule "J" 33538190.38 As per Schedule "C" 8821850.00

Advance From Customers Current Assets

As per Schedule "K" 19409854.00 As per Schedule "D" 23633748.45

Expenses Payable Advance to Suppliers

As per Schedule "L" 1941438.44 As per Schedule "E" 1353951.33

Notes on Accounts Cash & Bank Balances

As per Schedule "M" As per Schedule "F" 343884.33

217701579.73 217701579.73

As per our report of even date attached.

For Rajesh Arora & Associates For Fashion & Style

Chartered Accountants
Firm Regn. No. 0509279C

Dated: 30-10-2019 ( Partner ) ( Partner)

Place: New Delhi Rajesh Arora
M. No. 086773
 FASHION & STYLE

TRADING AND PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31-3-2019

PARTICULARS AMOUNT PARTICULARS AMOUNT

To Openig Stock 16633300.00 By Sales 226114678.24
To Purchases 101985422.50 (As per Schedule "N")
To Dyeing & Embroidery charges 22001276.92
To Fabrication & Cutting Charges 35667783.54 By Closing Stock 15003000.00
To Finishing Charges 12334596.50
To Lab Testing charges 330389.00
To Sample Consumable Charges 774130.90
To Transport Charges 1950214.00
To Gross Profit 49440564.88
241117678.24 241117678.24
To Advertising & Publicity Exp. 26986.00 By Gross Profit 49440564.88
To Audit Fees 15000.00 By Duty Draw Back 3464662.00
To Bank Interest/Charges 3232613.00 By Rebate on State Levies 2133158.69
To Books & Periodicals 53680.00 By Foreign Rate Fluctuation 3477618.66
To Business Promotion 1618415.55 By Interest on FDR 13669.00
To Bad Debts written off 1758981.00
To Clearing & Forwarding charges 2009730.65
To Commission Charges 2277699.80
To Consultancy Charges 135556.00
To Conveyance Charges 649772.00
To Courier Charges 725837.00
To Power Expenses 1126484.00
To Rebate & Discount 1449039.00
To Documentation Charges 332639.20
To Donation Expenses 128455.00
To Electric Repair & Maintenance 75785.88
To Electricity & Water charges 3677465.00
To Entertainment Exp. 48238.95
To Festival Expenses 761864.00
To Freight Charges 2546494.33
To Insurance Exp. 258016.81
To Interest on Car Loan 359281.65
To Interest on Term Loan 2187344.00
To Interest on TDS 65960.00
To LC Charges 12500.00
To Legal & Professional Charges 241346.00
To Machine Hiring Charges 38500.00
To Misc.Exp. 422670.36
To Office Expenses 405098.66
To Office Maintenance 336186.00
To Printing & Stationary 128129.50
To DDB Charges 142877.00
To Repair & Maintenance 1393849.08
To Salary Expenses 16342776.00
To Staff Welfare 610050.03
To Security Services Charges 552466.00
To Supervision Charges 4602124.00
To Telephone/Internet Exp. 180797.00
To Tour & Travelling Exp. 252320.15
To VAT demand 41262.00
To Vehicle Running & Maintenance 793628.55
To Depreciation 4113616.00
To Net Profit to partners
Mr.Rakesh Chopra 1199069.04
Mr.Deepak Chopra 1199069.04 2398138.08

58529673.23 58529673.23

As per our report of even date attached to Balance Sheet.

For Rajesh Arora & Associates For Fashion & Style

Chartered Accountants
Firm Regn No. 509279C

( Partner ) (Partner)
Dated: 30-10-2019 Rajesh Arora
Place: New Delhi M. No. 086773
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

LIST OF SUNDRY DEBTORS AS ON 31.3.2019

DELHI NOIDA
1 Aditya Birla Fashion and Retail Limited 15255846.81 -12774331.36
2 E-Land 3719045.00
3 Faith Fashion PTY Ltd. 8376398.25
4 Global Touch Inc 9666516.13
5 Max Concept 473259.00
6 Lachmi International Ltd. 7464357.51
7 Kish Exports Ltd. 855818.00
8 Innocence Clothing Inc 1951206.00
9 Kolor Koncept International 442437.31
10 Lojas Riachuelo S.A. 3131581.00
11 Pepkor UK Retail Ltd. 17920239.00
12 Provision for Exchange Fluctuation 567968.00
15255846.81 41794493.84

LIST OF LOANS & ADVANCES (ASSETS) AS ON 31.03.2019

1 Loan to Employees
Prabhas Das 23650.00
Ranjeet Arora 171312.00
Raman Kumar Kaushal 50000.00
Ram Singh 120000.00
2 Ajay Kapoor 4575000.00
3 Chetna Chopra 28000.00
4 Manju Chopra 832919.00
5 Prateek Kapur 2550000.00
6 Yaseen Idrishi
7 Reshma Chopra 46779.00

LIST OF ADVANCE TO SUPPLIERS AS ON 31.3.2019

NOIDA UNIT:
1 Millat Fashion 9989.00
2 DIVINE DESIGN 42754.00
3 I.K.Fashion 145416.00
4 Poonam Faishon 187165.00
5 Spectrum Trading 6851.00
6 MAINETTI INDIA PVT LTD 32422.00
7 MMC SOFT SYSTEMS 40000.00
8 SHREE BALAJI KNITS 69224.00
9 Indo Office Solutions Private Limited 73897.00
10 Royal Caribbean International 103679.33
11 Vaaho Agencies Pvt Ltd. 157595.00
12 Mahalaxmi Textiles Traders 484959.00
1353951.33
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

LIST OF CURRENT ASSETS AS ON 31.3.2019

1 Salary Advance 123479.00

2 DDB Receivable 1544658.00
3 ROSL Receivable 1072256.00
4 GST Receivable 3020825.00 13389772.00
5 VAT Receivable 2666076.45
6 Security-C.Form 16198.00
7 VAT Security (U.P.Deptt) 25000.00
8 Advance Tax 700000.00
9 TDS AY 2019-20 34303.00
10 IGST Receivable 703942.00
11 RCM Expense 900.00
12 TDS Recoverable-Aditya Birla Finance Limited 106670.00
13 Security for IGL at Noida 167461.00
14 FDR with IGL-Noida 62208.00
3020825.00 20612923.45

LIST OF CASH & BANK BALANCES AS ON 31.03.2019

Cash & Bank Balances
1 Punjab National Bank - 1400 9971.00
2 Indian Bank - Chennai 5081.00
3 State Bank of India - Mumbai 10000.00
4 Punjab National Bank - 3468 72338.50
5 State Bank of India - Mumbai - 6352 53735.50
6 Cash in Hand 192758.33
343884.33

PARTNERS CAPITAL ACCOUNT

PARTNERS CAPITAL ACCOUNT AS ON 31.03.2019

1 Rakesh Chopra's Capital A/c

Balance as per last year 54121457.16
Add: Addition during the year 31582504.49
Add: Profit for the year 1199069.04
86903030.69
Less: Drawings 1382214.50

2 Deepak Chopra's Capital A/c

Balance as per last year -4550683.02
Add: Addition during the year 12595000.00
Add: Profit for the year 1199069.04
9243386.02
Less: Drawings 4259501.50
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

LIST OF SECURED LOAN AS ON 31.3.2019

1 OBC Bill Discount - 0442 1330371.00

2 OBC Bill Discount - 0204 12493498.00
3 OBC Ertiga Car Loan 501002.39
4 HDFC BMW Car Loan 3464844.65
5 OBC Term Loan 2057331.00
6 OBC PCL Account - 6143 14998554.00
7 OBC Term Loan - 2259 6317517.42
41163118.46

LIST OF UNSECURED LOANS & ADVANCES AS ON 31.3.2019

1 Agam Sood 807000.00
2 Anshul Chopra 2943000.00
3 Priti Wear 200000.00
4 Lilliput Kidwears Ltd. 1000000.00
4950000.00
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

LIST OF SUNDRY CREDITORS AS ON 31.03.2019

DELHI UNIT :
1 Akash Tempo Service 11237.00
2 Indo Tex 3439.00
3 Pawan Export Fabric 760024.00
4 Payal Fashion 423276.00
4 R.K.Chem India 32238.00
5 Star Sales 57621.00
6 Venus Container Line Logistics Pvt Ltd. 39126.00
NOIDA UNIT :
1 Aarzoo Garments 49793.00
2 Aero Club 114043.00
3 Ambay Sewing System 24735.20
4 ANS Couriers Pvt. Ltd. 106735.00
5 A.R.Embroidery 215834.00
6 Best Roadways Limited 241100.00
7 Deep Fashion 760066.00
8 Delhi Steam System Co. 9353.50
9 D. P. Logistics Pvt. Ltd. 94526.00
10 Exim Services 7460.00
11 Flyhigh Security Pvt.Ltd 16384.00
12 Gajanand Traders 264884.00
13 H.S.Garments 2803.00
14 Intertek India Private Limited 11219.00
15 JEENA AND COMPANY 11240.00
16 Jitender Enterprises 35860.00
17 Lata Embroideries Pvt Ltd 1143695.00
18 Madhav Impex 96142.00
19 Mamta Craft- II (DELHI) 7465.00
20 Mamta Craft-II (Noida) 50820.00
21 Mamta Dori Works 8317.00
22 Millenium Embroidery 140206.00
23 Mohd Yaseen Idrishi 70389.00
24 M.R.Fabrics 3948113.16
25 Omani Creation 5714.00
26 PERFECT LOGISTICS 36344.00
27 P.N Prints 62228.00
28 Preet Tempo Transport Service 22252.00
29 R.D. International 124669.00
30 RSC Logistics Pvt.Ltd. 46272.00
31 Sapna Dyeing 10219.00
32 SGS INDIA PVT LTD 10114.00
33 SHIPPING SERVICES 103075.00
34 Singh Enterprises 20000.00
35 S.K Garments 26671.34
36 Soni Dyeing Fashion 200724.00
37 S.S. Enterprises 40426.90
38 S.S.Fashion 91815.00
39 STITCHES UNLIMITED 1229022.00
40 Tanu Garments 309863.00
41 Taurus Forwarders Pvt.Ltd. 40540.00
42 Texanlab Laboratories Pvt Ltd 48913.00
43 Venus Container Line Logistics Pvt Ltd. 101522.00
44 V.K. PRINTS 41184.00
45 Adarsh Packaging 61257.00
46 A.K.International 21083.00
47 Ambay Packers 670203.08
48 Avon Traders 48130.00
49 BALAJI LABEL CO. 37188.00
50 Bansal Hygienic India 11378.00
51 Blaze International 175421.00
52 D.R. Chemicals 20449.00
53 Exim Services 12000.00
54 Gaurav Trims 709280.72
55 Gautmi Creation 82153.80
56 Hindustan Univeins 26138.00
57 INDO TEX 389503.00
58 Indraprastha Gas Limited 39508.00
59 Irfan Steel Fabrication 142920.00
60 Kapil Label & Stickers 18923.00
61 Karsh Labels India 7712.00
62 M A S Infratech and Co. 106310.00
63 Om Fire Safety 590.00
64 Pawan Export Fabric( Delhi) 444545.00
65 Pawan Export Fabric ( Noida ) 12296798.00
66 Payal Fashion 4634221.00
67 Printech Label 81490.39
68 Raman Labels 36664.00
69 Rolly Enterprises 8863.00
70 RUCHEE INTERLINING PVT LTD 15792.00
71 Schindler India Pvt. Ltd. 16808.00
72 Sharma Enterprises 2655.00
73 Shivam Axuichem India 167813.60
74 Shiv Packaging 84276.00
75 Shyam Printers 63042.00
76 Soubhit Enterprises 128236.00
77 Sri Dhivya Fabric 768595.00
78 Star Sales 164747.28
79 Supertech Ro System 1180.00
80 Tara Traders 281744.40
81 Vats Label & Barcode 430860.01

1326961 32211229.38
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

ADVANCE FROM CUSTOMERS AS ON 31.03.2019

1 Haven Exports
2 Kish Exports Limited
3 New Direction Sports Inc

LIST OF EXPENSES PAYABLE AS ON 31.3.2019

1 Audit Fees Payable 94883.00

2 Credit Card Expenses Payable 206379.44
3 Electricity Expenses Payable 170623.00
4 EPF Payable 38700.00
5 ESIC Payable 10027.00
6 Salary Payable 888881.00
7 IGST Payable 38377.00
8 TDS Payable 34167.00 459401.00
129050.00 1812388.44

DETAIL OF SALES AS ON 31.03.2019

DELHI NOIDA
Export Sales 161341692.54 161341692.54
Inter State sale 32439601.00 25386730.40 57826331.40
Local Fabric Sale 203275.00 1379324.50 1582599.50
Sale against License 5414635.00 5414635.00
226165258.44
Less : Rebate & Discounts 50580.20 50580.20
32642876.00 193471802.24

32642876.00
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

OF SUNDRY DEBTORS AS ON 31.3.2019

SCHEDULE "B"
2481515.45
3719045.00
8376398.25
9666516.13
473259.00
7464357.51
855818.00
1951206.00
442437.31
3131581.00
17920239.00
567968.00
57050340.65

SCHEDULE"C"
ANS & ADVANCES (ASSETS) AS ON 31.03.2019

364962.00
4575000.00
28000.00
832919.00
2550000.00
424190.00
46779.00
8821850.00

SCHEDULE "E"
ADVANCE TO SUPPLIERS AS ON 31.3.2019

9989.00
42754.00
145416.00
187165.00
6851.00
32422.00
40000.00
69224.00
73897.00
103679.33
157595.00
484959.00
1,353,951.33

For Fashion & Style

(Partner)
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

SCHEDULE "D"
OF CURRENT ASSETS AS ON 31.3.2019

123479.00
1544658.00
1072256.00
16410597.00
2666076.45
16198.00
25000.00
700000.00
34303.00
703942.00
900.00
106670.00
167461.00
62208.00
23633748.45

SCHEDULE"F"
ASH & BANK BALANCES AS ON 31.03.2019

9971.00
5081.00
10000.00
72338.50
53735.50
192758.33
343884.33

SCHEDULE "G"
ERS CAPITAL ACCOUNT AS ON 31.03.2019

85520816.19

4983884.52
90504700.71

For Fashion & Style

(Partner)
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

SCHEDULE "H"
OF SECURED LOAN AS ON 31.3.2019

1330371.00
12493498.00
501002.39
3464844.65
2057331.00
14998554.00
6317517.42
41163118.46

SCHEDULE "I"

ECURED LOANS & ADVANCES AS ON 31.3.2019

807000.00
2943000.00
200000.00
1000000.00
4950000.00

For Fashion & Style

(Partner)
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

SCHEDULE"J"

F SUNDRY CREDITORS AS ON 31.03.2019

11237.00
3439.00
760024.00
423276.00
32238.00
57621.00
39126.00

49793.00
114043.00
24735.20
106735.00
215834.00
241100.00
760066.00
9353.50
94526.00
7460.00
16384.00
264884.00
2803.00
11219.00
11240.00
35860.00
1143695.00
96142.00
7465.00
50820.00
8317.00
140206.00
70389.00
3948113.16
5714.00
36344.00
62228.00
22252.00
124669.00
46272.00
10219.00
10114.00
103075.00
20000.00
26671.34
200724.00
40426.90
91815.00
1229022.00
309863.00
40540.00
48913.00
101522.00
 41184.00
61257.00
21083.00
670203.08
48130.00
37188.00
11378.00
175421.00
20449.00
12000.00
709280.72
82153.80
26138.00
389503.00
39508.00
142920.00
18923.00
7712.00
106310.00
590.00
444545.00
12296798.00
4634221.00
81490.39
36664.00
8863.00
15792.00
16808.00
2655.00
167813.60
84276.00
63042.00
128236.00
768595.00
164747.28
1180.00
281744.40
430860.01

33538190.38

For Fashion & Style

(Partner)
 FASHION & STYLE
ASSESSMENT YEAR 2019-20

CE FROM CUSTOMERS AS ON 31.03.2019

SCHEDULE "K"

1500000.00
14052918.00
3856936.00
19409854.00

SCHEDULE "L"
F EXPENSES PAYABLE AS ON 31.3.2019

94883.00
206379.44
170623.00
38700.00
10027.00
888881.00
38377.00
493568.00
1941438.44

SCHEDULE"N"
ETAIL OF SALES AS ON 31.03.2019

226114678.24

For Fashion & Style

(Partner)
 M/s Fashion & Style

Schedule of Fixed Assets as on 31.03.2019

Schedule "A"
Opening Deletion Date Closing
S.No. Description Rates Balance as Addition Addition during the of Dele Total as on Depreciation Balance as
on 1.4.2018 Ist Half IInd Half year tion 31.03.2018 for the year on 31.3.2019
1 Air Conditioner 15% 585,155.04 17,302.58 - 602,458.00 90,369.00 512,089.00
2 Camera 15% 38,931.00 - - 38,931.00 5,840.00 33,091.00
3 Car A/c 15% 9,005,913.16 1,110,405.00 - 10,116,318.00 1,517,448.00 8,598,870.00
4 Fan 15% 286,409.60 - - 286,410.00 42,961.00 243,449.00
5 Computer 40% 464,929.44 124,257.00 60,300.00 649,486.00 247,735.00 401,751.00
6 Electric Fitting 10% 119,274.99 - 10,734.00 130,009.00 12,464.00 117,545.00
7 Furniture & Fixture 10% 762,851.58 646,118.63 362,293.00 1,771,263.00 159,012.00 1,612,251.00
8 Generator 15% 205,012.86 - - 205,013.00 30,752.00 174,261.00
9 Mobile 15% 179,399.18 - 8,034.82 187,434.00 27,513.00 159,921.00
10 Printer 15% 11,924.00 - - 11,924.00 1,789.00 10,135.00
11 Refrigerator 15% 66,475.00 98,209.00 - 164,684.00 24,703.00 139,981.00
13 R.O.System 15% 131,414.60 - - 131,415.00 19,712.00 111,703.00
14 Scooter 15% 31,570.32 - - 31,570.00 4,736.00 26,834.00
15 Office Equipment 15% 598,586.98 63,200.00 42,081.00 703,868.00 102,424.00 601,444.00
16 Machinery 15% 9,959,027.67 287,505.00 31,300.00 10,277,833.00 1,539,328.00 8,738,505.00
17 Television 15% 40,629.14 - - 40,629.00 6,094.00 34,535.00
18 Battery 15% 27,565.00 - - 27,565.00 4,135.00 23,430.00
19 UPS 15% 1,311.70 - - 1,312.00 197.00 1,115.00
20 Stablizer 15% 338,550.00 - - 338,550.00 50,783.00 287,767.00
21 Lift 15% 873,346.00 - - 873,346.00 131,002.00 742,344.00
22 Boiler 15% 197,660.00 - - 197,660.00 29,649.00 168,011.00
23 Water Cooler 15% 90,558.53 41,406.00 - 131,965.00 19,795.00 112,170.00
24 Water Tank 15% 104,550.00 - - 104,550.00 15,683.00 88,867.00
25 Watch 15% 196,610.17 - 196,610.00 29,492.00 167,118.00
Total 24,121,045.79 2,585,013.38 514,742.82 - - 27,220,803.00 4,113,616.00 23,107,185.99

For Fashion & Style

(Partner)

M/s Fashion & Style

Detail of addition in Fixed Assets for the year ending 31/03/2019

Delhi Office Details Noida Office Details Grand Total

Type of Assets Date 1ST HALF 2ND HALF Date 1ST HALF 2ND HALF 1ST HALF 2ND HALF
Air Conditioner 9/25/2018 17302.58

Total - - 17,302.58 - 17,302.58 -

Car 4/6/2018 1,110,405.00

Total 1,110,405.00 - 1,110,405.00 -

Office Equipment 4/12/2018 13200.00

Office Equipment 12/21/2018 36,381.00 5/15/2018 50000.00
Office Equipment 1/1/2019 5700.00

Total - 36,381.00 63,200.00 5,700.00 63,200.00 42,081.00

Electrical Fitting 10/5/2018 8055.00

Electrical Fittings 10/8/2018 2679.00
Total - - - 10,734.00 - 10,734.00

Mobile 3/12/2019 8034.82

Total - - - 8,034.82 - 8,034.82

Refrigerator 8/3/2018 14000.00 4/30/2018 19990.00

Refrigerator 5/27/2018 64219.00
Total 78,219.00 - 19,990.00 - 98,209.00 -

Machinery 4/19/2018 14000.00 4/4/2018 9400.00

Machinery 5/11/2018 77625.00
Machinery 5/18/2018 63000.00
Machinery 6/2/2018 38000.00
Machinery 6/2/2018 39000.00
Machinery 8/10/2018 28980.00
Machinery 9/18/2018 17500.00
Machinery 10/23/2018 31300.00

Total 14,000.00 - 273,505.00 31,300.00 287,505.00 31,300.00

Computer 5/9/2018 22569.00

Computer 6/18/2018 39990.00
Computer 7/17/2018 17,999.00
Computer 7/26/2018 23,709.00
Computer 8/1/2018 19,990.00
Computer 1/1/2019 12400.00
Computer 1/1/2019 23900.00
Computer 1/1/2019 24000.00
Total - - 124257.00 60300.00 124,257.00 60,300.00

Furniture & Fixtures 8/11/2018 127118.63 4/7/2018 21,400.00

Furniture & Fixtures 11/17/2018 5,840.00 5/24/2018 7,000.00
Furniture & Fixtures 12/4/2018 16,800.00 6/19/2018 120,000.00
Furniture & Fixtures 2/16/2019 29,153.00
Furniture & Fixtures 7/9/2018 42,000.00
Furniture & Fixtures 9/17/2018 320,000.00
Furniture & Fixtures 9/20/2018 8,600.00
12/6/2018 300000.00
1/20/2019 10500.00
Total 127,118.63 51,793.00 519,000.00 310,500.00 646,118.63 362,293.00

Watch 9/3/2018 196,610.17

Total - - 196,610.17 - 196,610.17 -

Water Cooler 4/17/2018 41,406.00

Total - - 41,406.00 - 41,406.00 -

Totals 219,337.63 88,174.00 2,365,675.75 426,568.82 2,585,013.38 514,742.82

3,099,756.20

For Fashion & Style

(Partner)
 FASHION & STYLE
AY 2019-20
Detail of Sundry Debtors as on 31.03.2019

Value in Foreign Currency Exhange

S.No. Buyers Name Invoice Exchange Invoice Value convertible in Value of Debtors as on Foreign Exchange
Number Rate Rate as on Functional Currency (INR) 31-03-2019 Fluctuation
31-3-2019
USD GBP
1 E-Land 86 11,346.60 70.40 69.44 798,800.64 787,907.90
E-Land 102 7,107.00 70.30 69.44 499,622.10 493,510.08
E-Land 115 15,735.00 70.30 69.44 1,106,170.50 1,092,638.40
E-Land 125 4,728.80 68.35 69.44 323,213.48 328,367.87
E-Land 124 14,502.40 68.35 69.44 991,239.04 1,007,046.66
3,719,045.76 3,709,470.91 9574.85

2 Faith Fashion PTY Ltd. 80 6,935.95 - 70.95 69.44 492,106.00 481,632.71

82 5,129.68 - 70.96 69.44 364,002.00 356,204.89
107 12,144.00 - 70.30 69.44 853,723.20 843,279.36
112 15,150.60 - 70.30 69.44 1,065,087.18 1,052,057.66
117 15,351.60 - 69.30 69.44 1,063,865.88 1,066,015.10
64 16,344.30 - 69.55 69.44 1,136,746.07 1,134,948.19
72 14,273.36 - 69.55 69.44 992,712.18 991,142.11
83 33,941.59 - 70.95 69.44 2,408,156.00 2,356,904.20
8,376,398.51 8,282,184.22 94214.28

3 Global Touch Inc 66 1,216.00 - 70.40 69.44 85,606.40 84,439.04

57 9,919.50 - 69.75 69.44 691,885.13 688,810.08
71 7,000.00 - 69.55 69.44 486,850.00 486,080.00
81 10,140.00 - 70.40 69.44 713,856.00 704,121.60
92 34,469.97 - 70.95 69.44 2,445,644.37 2,393,594.72
89 1,799.71 - 70.30 69.44 126,519.61 124,971.86
90 1,235.20 - 70.30 69.44 86,834.56 85,772.29
106 27,300.78 - 70.30 69.44 1,919,244.83 1,895,766.16
108 11,032.66 - 70.30 69.44 775,596.00 766,107.91
109 2,769.35 - 70.30 69.44 194,685.31 192,303.66
105 10,388.79 - 69.30 69.44 719,943.15 721,397.58
110 1,700.00 - 69.30 69.44 117,810.00 118,048.00
116 14,028.50 - 69.30 69.44 972,175.00 974,138.99
119 4,760.00 - 69.30 69.44 329,868.00 330,534.40
9,666,518.35 9,566,086.29 100432.06

4 Lachmi International Ltd. 73 48,477.70 - 70.30 69.44 3,407,982.31 3,366,291.49

40 13,648.95 - 73.00 69.44 996,373.35 947,783.09
49 7,273.60 - 70.05 69.44 509,515.68 505,078.78
53 4,969.60 - 70.05 69.44 348,120.48 345,089.02
114 10,080.00 - 70.30 69.44 708,624.00 699,955.20
76 28,416.00 - 69.30 69.44 1,969,228.80 1,973,207.04
7,939,844.62 7,837,404.62 102440.00

5 Max Concept 113 2,494.79 - 70.30 69.44 175,384.00 173,238.48

111 4,237.20 - 70.30 69.44 297,875.16 294,231.17
473,259.16 467,469.65 5789.51

6 Innocence Clothing Ltd. 101 - 8,550.00 91.20 90.56 779,760.00 774,288.00

118 - 12,908.49 90.75 90.56 1,171,445.47 1,168,992.85
1,951,205.47 1,943,280.85 7924.61

7 LOJAS Riachuelo 70 18,645.70 - 70.40 69.44 1,312,657.28 1,294,757.41

88 9,707.04 - 70.95 69.44 688,714.49 674,056.86
87 16,076.95 - 70.30 69.44 1,130,209.59 1,116,383.41
3,131,581.35 3,085,197.67 46383.68

8 Pepkor UK Retail Limited 15,897.60 69.55 69.44 1,105,678.08 1,103,929.34

23,317.28 69.55 69.44 1,621,716.82 1,619,151.92
4,128.00 69.55 69.44 287,102.40 286,648.32
14,322.80 70.40 69.44 1,008,325.12 994,575.23
19,836.00 70.40 69.44 1,396,454.40 1,377,411.84
23,904.00 70.95 69.44 1,695,988.80 1,659,893.76
16,963.20 70.95 69.44 1,203,539.04 1,177,924.61
15,019.20 70.95 69.44 1,065,612.24 1,042,933.25
13,872.00 70.95 69.44 984,218.40 963,271.68
12,602.20 70.95 69.44 894,126.09 875,096.77
8,352.00 70.95 69.44 592,574.40 579,962.88
6,844.50 70.30 69.44 481,168.35 475,282.08
4,738.50 70.30 69.44 333,116.55 329,041.44
21,513.60 70.30 69.44 1,512,406.08 1,493,904.38
9,360.00 70.30 69.44 658,008.00 649,958.40
22,668.80 69.30 69.44 1,570,947.84 1,574,121.47
18,032.00 69.30 69.44 1,249,617.60 1,252,142.08
3,799.60 68.35 69.44 259,702.66 263,844.22
17,920,302.87 17,719,093.68 201,209.19

567,968.19
 FASHION & STYLE
ASSESSMENT YEAR 2019-20
DETAILS OF EPF & ESIC
ANNEXURE"A"
NOIDA UNIT

DETAILS OF ESIC
Employee Employers
Month Due Date of Payment Date of Payment Amount of Payment
Contribution Contribution
April 2018 2273 6153 5/15/2018 15.05.2018 8426.00
May 2018 10058 27242 6/15/2018 21.07.2018 37300.00
June 2018 7424 20101 7/15/2018 21.07.2018 27525.00
July 2018 10449 28309 8/15/2018 28.08.2018 38758.00
August 2018 12762 34557 9/15/2018 15.09.2018 47319.00
September 2018 8209 22236 10/15/2018 18.10.2018 30445.00
October 2018 8308 22502 11/15/2018 26.11.2018 30810.00
November 2018 8313 22512 12/15/2018 18.12.2018 30825.00
December 2018 12263 33220 1/15/2019 29.01.2019 45483.00
January 2019 11214 30376 2/15/2019 25.02.2019 41590.00
February 2019 11234 30437 3/15/2019 22.03.2019 41671.00
March 2019 10027 27163 4/15/2019 26.04.2019 37190.00

112534.00 304808.00 417342.00

DETAILS OF EPFO
Employee Employers
Month Due Date of Payment Date of Payment Amount of Payment
Contribution Contribution

April 2018 14160 9543 5/15/2018 12.06.2018 23703.00

May 2018 39494 36891 6/15/2018 21.07.2018 76385.00
June 2018 38311 33991 7/15/2018 21.07.2018 72302.00
July 2018 47560 31807 8/15/2018 29.08.2018 79367.00
August 2018 61564 38801 9/15/2018 15.09.2018 100365.00
September 2018 35535 22482 10/15/2018 18.10.2018 58017.00
October 2018 40186 27304 11/15/2018 26.11.2018 67490.00
November 2018 36666 24972 12/15/2018 15.12.2018 61638.00
December 2018 38866 27998 1/15/2019 29.01.2019 66864.00
January 2019 41436 30683 2/15/2019 25.02.2019 72119.00
February 2019 37613 27081 3/15/2019 22.03.2019 64694.00
March 2019 38700 41944 4/15/2019 24.04.2019 80644.00

470091.00 353497.00 823588.00

 FASHION & STYLE
ASSESSMENT YEAR 2019-20
DETAILS OF EPF & ESIC
ANNEXURE"A"

DELHI UNIT

DETAILS OF ESIC
Employee Employers
Month Due Date of Payment Date of Payment Amount of Payment
Contribution Contribution
April 2018 6862 18585 5/15/2018 24.05.2018 25447.00
May 2018 ----NA---- ----NA---- 6/15/2018
June 2018 ----NA---- ----NA---- 7/15/2018
July 2018 ----NA---- ----NA---- 8/15/2018
August 2018 ----NA---- ----NA---- 9/15/2018
September 2018 ----NA---- ----NA---- 10/15/2018
October 2018 ----NA---- ----NA---- 11/15/2018
November 2018 ----NA---- ----NA---- 12/15/2018
December 2018 ----NA---- ----NA---- 1/15/2019
January 2019 ----NA---- ----NA---- 2/15/2019
February 2019 ----NA---- ----NA---- 3/15/2019
March 2019 ----NA---- ----NA---- 4/15/2019

6862.00 18585.00 25447.00

DETAILS OF EPFO
Employee Employers
Month Due Date of Payment Date of Payment Amount of Payment
Contribution Contribution
April 2018 26590 29138 5/15/2018 24.05.2018 55728.00
May 2018 ----NA---- ----NA---- 6/15/2018
June 2018 ----NA---- ----NA---- 7/15/2018
July 2018 ----NA---- ----NA---- 8/15/2018
August 2018 ----NA---- ----NA---- 9/15/2018
September 2018 ----NA---- ----NA---- 10/15/2018
October 2018 ----NA---- ----NA---- 11/15/2018
November 2018 ----NA---- ----NA---- 12/15/2018
December 2018 ----NA---- ----NA---- 1/15/2019
January 2019 ----NA---- ----NA---- 2/15/2019
February 2019 ----NA---- ----NA---- 3/15/2019
March 2019 ----NA---- ----NA---- 4/15/2019

26590.00 29138.00 55728.00

 FASHION & STYLE

ASSESSMENT YEAR 2019-20

TO WHOMSOEVER IT MAY CONCERN

This is to certify & confirm that the closing stock of the firm has

been physically verified and valued as on 31-03-2019 by the

management of our firm and the cost of the same was valued at

Rs.1,50,03,000/- (Rs.One Crore Fifty Lakh Three Thousand only).

For Fashion & Style

(Partner)
Stock
15003000.00
 ANNEXURE"D "

FASHION & STYLE

ASSESSMENT YEAR 2019-20

PARTICULARS OF PAYMENTS MADE TO PERSONS SPECIFIED UNDER SECTION 40A(2)(b).

NAME NATURE OF PAYMENT AMOUNT

Anshul Chopra Supervision Charges 833333.00

Manju Chopra Supervision Charges 833333.00

For Fashion & Style

(Partner)
 ANNEXURE"B"
FASHION & STYLE
ASSESSMENT YEAR 2019-20
PARTICULAR OF LOANS OR DEPOSIT IN AN AMOUNT EXCEEDING THE LIMIT
IN SECTION 269SS TAKEN OR ACCEPTED

Maximum amount Whether the loan or

Whether the loan
Amount of Loan outstanding in the deposit was taken or
Name, Address & PAN of or deposit was
or deposit taken account at any accepted otherwise
Depositers squared up
or accepted time during the than account payee
during the year
year cheque or bank draft.

Anshul Chopra 200000.00 No 2943000.00 Cheque

Address: G-9, Saket, New
Delhi, Delhi-110017
PAN: AAHPC1548G

Reshma Chopra 350000.00 Yes 350000.00 Cheque

Address: B-5/30,
Safdarjung Enclave, New
Delhi, Delhi-110029
PAN: AADPC5249G

Pawan Kumar Sharma 500000.00 Yes 500000.00 Cheque

Address: House No.-297,
Post Office, Devli Village,
Devli, South Delhi, Delhi-
110062
PAN: ARUPS0742A

Vinod Kumar 2000000.00 Yes 2000000.00 Cheque

Address: House No. 649/1,
Nai Basti Road, Devli Bus
Stand, Devli Village, Devli,
South Delhi, Delhi-110062
PAN: APJPK6983N

For Fahion & Style

(Partner)
 ANNEXURE"C"
FASHION & STYLE
ASSESSMENT YEAR 2019-20
PARTICULAR OF EACH REPAYMENT OF LOAN OR DEPOSIT IN AN AMOUNT EXCEEDING THE
LIMIT SPECIFIED IN SECTION 269T MADE DURING THE PREVIOUS YEAR

Whether the repayment In case the repayment was made by

Maximum amount
was made by cheque or cheque or bank draft, whether the
Amount of the outstanding in the
Name of the payee bank draft or use of same was taken or accepted by an
repayment account at any time
electronic clearing system account payee cheque or an
during the Previous Year
through a bank account account payee bank draft

Gopal Krishan Rampal 3,000,000.00 3,000,000.00 Cheque Account Payee Cheque

Address: House No-259,
Sector-37, Amarnagar,
Faridabad, Haryana-121003
PAN: AGRPR7603M

Yogesh Kumar 3,300,000.00 3,300,000.00 Cheque Account Payee Cheque

Address: H.No-297, Devli
Village, Devli, South Delhi,
Delhi-110062
PAN: AFBPY0530M

Vinod Kumar 2,000,000.00 2,000,000.00 Cheque Account Payee Cheque

Address: House No. 649/1,
Nai Basti Road, Devli Bus
Stand, Devli Village, Devli,
South Delhi, Delhi-110062
PAN: APJPK6983N

Pawan Kumar Sharma 500,000.00 500,000.00 Cheque Account Payee Cheque

Address: House No.-297,
Post Office, Devli Village,
Devli, South Delhi, Delhi-
110062
PAN: ARUPS0742A

Reshma Chopra 350,000.00 350,000.00 Cheque Account Payee Cheque

Address: B-5/30,
Safdarjung Enclave, New
Delhi, Delhi-110029
PAN: AADPC5249G

For Fahion & Style

(Partner)
 SCHEDULE "M"
FASHION & STYLE
ASSESSMENT YEAR 2019-20

1 Accounting policies followed by the assessee are in consonance

with generally accepted accounting principles.

2 The balances of debtors, creditors and other parties appearing

in the Balance sheet are subject to confirmation from the parties.

3 Closing stock has been taken, valued and certified by the Partner.

4 A foreign currency transaction is recorded, on initial recognition

in the reporting currency, by applying to the foreign currency amount
the exchange rate between the reporting currency and the foreign
currency at the date of the transaction.
In respect of monetary items, exchange differences arising on the
settlement thereof or on conversion thereof at the last day of the
previous year shall be recognised as income or expense in the previous year.

5 The firm is having following bank accounts, which have not been
operated during F.Y. 18-19 and bank statement is not available and
balance of said bank account is as per last year.

Particulars Amount
Punjab National Bank - 1400 9971.00
Indian Bank - Chennai 5081.00
State Bank of India - Mumbai 10000.00

For Fashion & Style

(Partner)
 FASHION & STYLE

ASSESSMENT YEAR 2019-20

I, Rakesh Chopra, hereby certify that during the financial

year 2018-19, I have not taken or accepted loan or deposit
othrewise than an account payee cheque or account payee
bank draft. During the year, no repayment of loan or deposit
has been made otherwise an account payee cheque or
an account payee bank draft.

Further confirm that the payments relating to expenditure

covered under section 40A(3), were made by account payee
cheques drawn on a bank or account payee bank draft.

For Fashion & Style

(Partner)
 FASHION & STYLE

Rajesh Arora & Associates

Chartered Accountants
G-32,Second Floor ,
Kalkaji
New Delhi-110019

Dear Sir,

We are pleased to inform you that you have been appointed as the auditors of
our firm u/s 44AB of the IncomeTax Act 1961 for the assessment year 2019-2020.

This letter will be effective for future years unless it is terminated, amended
or superseded.

Thanking you,

Yours truly,

For Fashion & Style

(Partner)
 Delhi Noida Total
Fixed Aseets #REF! #REF! #REF!
Non Current Assets 86050641.42 11158827.56 97209468.98
Current Assets #VALUE! 46513154.50 #VALUE!
closing stock 12474975.00 4158325.00 16633300.00
Gross Investment #REF! #REF! #REF!
Current Assets 70302188.82 23294017.00 93596205.82
#REF! #REF! #REF!
90065130.00 90065130.00
#REF! #REF!
#VALUE! 50671479.50 #VALUE!