Mamta Basist
Prop. M/s Globe Print & Pack Industries
P.A.N. : CIGPB6364N
Ward : 78(1)
Previous Year
ended : 31.03.2024
Assessment Year : 2024-25
Status : INDIVIDUAL
COMPUTATION OF TOTAL INCOME AMOUNT (RS.)
Income under the head Business & Profession
Net Profit from proprietorship firm M/s Gobe Print & Pack
Industries during the year ended on 31.03.2024 11,62,738
(As per Profit & Loss A/c Attached)
Add: Expenses Disallaowed -
- u/s 43B(h) 1,36,799
- u/s 37 :- Interest on TDS 32 1,36,831
Income under the head Other Sources
Interest on Saving Bank Interest 3,644
Interest on RD 53,632
Gross Total Income 13,56,845
Less : Deductions Available Undersection 80C
Life Insurance Insurance Premium Paid 2,14,680
Tuition Fees Paid 1,53,300
3,67,980 1,50,000
Less : Deductions Available Undersection 80D
Medical Insurance Premium 66,019 25,000
Less : Deductions Available Undersection 80TTA 3,644
1,78,644
Total Income 11,78,201
Rounded Off u/s 288 A 11,78,200
Tax Due 1,65,960
Add : Education Cess @4% 6,638
1,72,598
Interest u/s 234B & 234C 16,067
Tax Payable 1,88,665
Tax Paid
Tax Deducted at Source 27,101
Net Tax Payable 1,61,565
Tax Paid u/s 140A 1,61,570
For Globe Print & Pack Industries
(Mamta Basist)
Proprietor
GLOBE PRINT & PACK INDUSTRIES
Schedule of Fixed Assets as on 31.03.2023
Rate of W.D.V as on Additions For Consideration Cost as on Depreciation Balance
Particulars Depr.% 01.04.2023 More than Less than recd. during 31.03.2024 during the as on
180 days the Year year 31.3.2024
Electrical Equipments 15% 3,017 - - - 3,017 453 2,564
Software-Tally Prime 25% 10,828 - - - 10,828 2,707 8,121
Mac Laptop 40% 37,913 - - - 37,913 15,165 22,748
Mobile Phone 40% 9,548 - - - 9,548 3,819 5,729
Mobile Phone-New 15% 2,92,961 - 56,862 - 3,49,823 48,209 3,01,614
Machinery 15% 16,34,271 - - 16,34,271 2,45,141 13,89,130
Machinery 15% 4,58,788 6,26,000 - - 10,84,788 1,62,718 9,22,071
Air Conditioner 15% 26,518 - - - 26,518 3,978 22,540
Refrigerator 15% - - 20,754 - 20,754 1,557 19,197
Office Equipment 15% - - 14,644 - 14,644 1,098 13,546
Stabilizar 15% 1,881 - - - 1,881 282 1,599
Survellance Systems 40% 8,848 24,536 21,533 - 54,917 17,660 37,257
Vehicles 15% - 7,02,890 - 7,02,890 52,717 6,50,173
Nexon Car 15% 11,30,712 - - - 11,30,712 1,69,607 9,61,105
Total 36,15,285 6,50,536 8,16,683 - 50,82,503 7,25,111 43,57,393
Total Prev-2022-23 30,11,154 2,600 11,65,946 - 41,79,699 5,64,416 36,15,284
In terms of our audit report of even date attached
For VSD & Associates For Globe Print & Pack Industries
Chartered Accountants
F.R.No.008726N
(Hema Dudeja) (Mamta Basist)
Partner Proprietor
M.No.501001
Place : New Delhi
Dated :
GLOBE PRINT & PACK INDUSTRIES
Balance Sheet as on 31.03.2024
LIABILITIES 31.03.2024 31.03.2023 ASSETS 31.03.2024 31.03.2023
Amount (₹ ) Amount (₹ ) Amount (₹ ) Amount (₹ )
Capital Account Fixed Assets 43,57,394 36,15,284
Balance as on 01/04/2023 39,38,331 32,59,202
Add : Profit during the year 11,62,738 11,59,432 Current Assets
Add : Interest Received 3,644 1,239
Add : Interest RD 53,632 35,337
Less :Drawings 7,74,178 5,16,877 Investment 10,75,000 7,75,000
43,84,167 39,38,331
Current Assets
Secured Loans Inventories 64,07,998 40,49,003
From Canara Bank Cash on Hand 10,75,723 6,12,774
- Cash Credit 44,43,284 37,01,752 Bank A/c - 32,684
- Car Loan 9,15,592 10,66,451 Trade Receivables 75,62,051 57,69,790
- Term Loan 13,18,740 9,19,320 Prepaid Insurance - 9,542
Loans & Advances
Unsecured Loans Advance Paid 2,58,886 15,640
Others 9,90,000 3,40,000 Tax credit 3,19,110 3,20,782
Accrued Interest 83,606 35,337
Current Liabilities
Trade Payables 68,92,774 38,25,900
Duties & taxes 4,36,841 1,04,062
Expenses Payable 17,30,521 12,12,972
Advance from Customer 27,849 1,27,048
2,11,39,768 1,52,35,836 2,11,39,768 1,52,35,836
In terms of our audit report of even date attached
For VSD & Associates For Globe Print & Pack Industries
Chartered Accountants
F.R.No.008726N
(Hema Dudeja) (Mamta Basist)
Partner Proprietor
M.No.501001
Place : New Delhi
Dated :
GLOBE PRINT & PACK INDUSTRIES
Statement of Profit & Loss Account for the period ended 31st Mar,2024
EXPENDITURE 31.03.2024 31.03.2023 INCOME 31.03.2024 31.03.2023
Amount (₹ ) Amount (₹ ) Amount (₹ ) Amount (₹ )
Opening Stock 40,49,003 33,33,877 Sales 3,11,60,833 2,80,66,939
Purchases & Consumbale 2,25,92,856 2,01,42,304 Closing Stock 64,07,998 40,49,003
Jobwork Charges 20,66,183 18,84,222
Freight & Cartage Inward 3,72,126 1,84,845
Wages and Salaries 17,77,624 13,87,746
Power & Fuel Expenses 5,35,109 3,86,405
Gross Profit C/d 61,75,930 47,96,543
Total (₹) 3,75,68,831 3,21,15,942 Total (₹) 3,75,68,831 3,21,15,942
Repair & Maintenance 3,75,691 1,97,797 Gross Profit b/d 61,75,930 47,96,543
Professional Charges 1,89,400 90,000 Freight & Cartage 17,200 33,300
Audit Fees 30,000 30,000 - -
Staff Salary 5,40,000 5,40,000
Interest Paid 6,69,141 7,63,841
Interest & late Fee on TDS 719 2,925
Freight Cartage Inward 2,24,450 1,24,550
Printing & Stationery 59,716 74,117
Telephone Expenses 5,560 2,560
Office Exp 2,17,822 1,02,554
Satff Welfare 1,15,641 1,49,657
Misc Exp 9,50,217 1,31,311
Insurance 10,787 85,848
Rent paid 6,00,000 6,00,000
Vehicle Running & Maintinace 2,00,690 1,38,325
Water Expenses 1,15,446 72,511
Depreciation 7,25,111 5,64,416
Net Profit C/d 11,62,738 11,59,432
Total(₹) 61,93,130 48,29,843 Total(₹) 61,93,130 48,29,843
In terms of our audit report of even date attached
For VSD & Associates For Globe Print & Pack Industries
Chartered Accountants
F.R.No.008726N
(Hema Dudeja) (Mamta Basist)
Partner Proprietor
M.No.501001
Place : New Delhi
Dated :
