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Computation of Income tax For the A.

y- 2010-1

Name: Dattatray Nanasaheb Bandal


Fathers Name: Baban Nanasaheb Bandal
DOB- 13/04/1983
Add:

Income from Business:

Incmoe from other sources

Gross total Income

Less : Deduction U/s 80C to 80U


Net Taxable Income

Tax Liability
Add: Ed Cess @ 2%
Add:SHE Cess @ 1%

Add: Int U/s 234 A


Add: Int. U/s 234B
Add: INT> U/s 234 C

Dattatraya Nanasaheb Bandal


Bank of Maharastra
1-4-2010 to 31-3-2011

To Opening Bal. 1719

V.N.GUPTA 1000000
To int. 1719
1003438

Dattatray Nanasaheb Bandal


Trading & Profit & Loss Account
For the period ended 31st March 2010

To Opening Stock 48130


To Purchase of Sand 553212
To Purchase of Land 850000
To Freights 52150

To Gross Profit 430158

1933650

To Salary 42700
To Electricity 5020
To Printing & Stationery 1606
To Travelling & Conveyance 18248
To Professional Fees 5500
To Telephone expenes 9541
To Repairs & Maintenance 13745
To News Papers & Periodical 1612
To Misc. Expenses 11172
To Dep 34200
To downpayment LCD monitor 25000
168344
To Net Profit 263533

431877

447492

Balance Sheet
as on 31st March'2010

Capital Account
Opening 1619912
Add:Introduction 0
Add: Profit 263533
Less : Drawing 172800
Less: Donations 25000

Unsecured Loan 850000


Loan Repayment 850000
Bajaj Auto Fin Loan 32000
Less: Repayment 24430

Cash Book

To Opening Bal. 54644


TO Bank of Maharashtra 60075
To Receipts from sale of sand 812280
To Commission 92850
Loan Receipt 850000

1869849
Income tax For the A.y- 2010-11

A.Y- 2010-11
P.Y- 2009-10
PAN: ALKPB9610J

263533

1719

265252

0
265252

10525
211
105
Net tax Liability 10841
0
0
0
Total Liability 10841

raya Nanasaheb Bandal


ank of Maharastra
4-2010 to 31-3-2011

By D Bandal 100000
By H Kad 600000
By T Jadhav 100000
By R Jadhav 50000
By Amol Tupe 10200
By Mangesh Trad. 24800
By Balasaheb Pu 7700
By Cash 60075
By Bajaj Auto Fin. 24430
By Prekshtria Maratha 25000
By Closing 1233
1003438

tray Nanasaheb Bandal


g & Profit & Loss Account
riod ended 31st March 2010

By Sale of Land 1000000


By sale of sand 812280

By Commision income 92850

By Closing Stock 28520

1933650

By Gross Profit 430158


By Int. 1719

431877

447492

Balance Sheet
as on 31st March'2010

Fixed Assets
Agricultural Land 1147839
Add: New Agri. Land 385280 1533119
LCD Monitor 57000
Less: Dep 34200 22800
1685645

Closing Stock 28520


0
Cash In Hand 107543
Cash at Bank 1233
7570

1693215 1693215
0
Cash Book

To Salary & Wages 42700


To Electricity 5020
To Printing & Stationery 1606
To LCD Downpayment 25000
To Travelling & Conveyance 18248
To Professional Fees 5500
To Telephone expenes 9541
To Repairs & Maintenance 13745
To News Papers & Periodical 1612
To Freights 52150
To Misc. Expenses 11172
To Purchase of Sand 553212
To Drawings 172800
To Loan Repayment 850000
1762306
To Bal. 107543
1869849

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