YOGESH PATANKAR

1204 A FLOOR NO 12TH OM HARMONY

SECTOR 10, KHARGHAR, NAVI MUMBAI - 410210.

STATUS : INDIVIDUAL PREVIOUS YEAR : 2023-2024

PAN NO. : AKHPP9119N ASSESSMENT YEAR : 2024-2025
DATE OF BIRTH : 28/10/1977 FATHER NAME : JAGANNATH

COMPUTATION OF TOTAL INCOME AND TAX LIABILITY STATEMENT

Particulars Amount in Rs.

I. INCOME FROM BUSINESS OR PROFESSION

Gross receipts 17,358,780
Net Profit As per section 44AD 8% of Gross Receipts 1,388,702
Net Profit As per Profit & Loss A/c. 3,013,488
Whichever is higher 3,013,488

II. INCOME FROM OTHER SOURCES

Commission 2,731
Bank Interest 46,855
FD Interest 242
Dividend 461 50,289

GROSS TOTAL INCOME 3,063,777

ROUNDED OFF TO 3,063,780

Less : Deduction U/c VI - A

U/s. 80 C LIC 150,000
U/s. 80D Medical Expenses 50,000 25,000
U/s. 80GG Rent Paid
U/s. 80TTA Bank Interest 10,000

TOTAL INCOME 3,063,780

ROUNDED OFF U/S 288A 3,063,780
Tax On Total Income 619,134
Tax on Long term capital gain 30% -
Less: Rebate u/s 87A
619,134
Add: Health and Education Cess @ 4% 24,765
TAX PAYABLE 643,899
Add: Interest Payable
Interest u/s 234B
Interest u/s 234C 114,429

TOTAL TAX PAYABLE 758,328

Less: TDS 140
Less: S.A. Tax Paid
BALANCE PAYABLE 758,190
 YOGESH PATANKAR
1204 A FLOOR NO 12TH OM HARMONY
SECTOR 10, KHARGHAR, NAVI MUMBAI - 410210.

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

Amount
PARTICULARS Amount Rs. PARTICULARS
Rs.
To Purchase of Goods 10,165,470 By Sale of Goods 17,358,780
To Salary Paid 3,014,789
To Advertisement 30,148
To Business Promotion 34,587
To Bank Charges 7,025
To Courier charges 12,657
To Electricity charges 34,998
To Office Expenses 53,496
To Depreciation 399,876
To Interest on Business Loan 153,568
To Interest on Car Loan 193,266
To Petrol &Diesel 63,338
To Printing & Stationary 18,780
To Professional Fees 10,000
To Repairs & Manitances 105,478
To Telephone Expenses 15,657
To Conveyance 32,159
To Vehicle Insurance 21,925

To Net Profit 3,013,488

Total 17,358,780 Total 17,358,780
 YOGESH PATANKAR
1204 A FLOOR NO 12TH OM HARMONY
SECTOR 10, KHARGHAR, NAVI MUMBAI - 410210.

CAPITAL ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024

PARTICULARS Amount Rs. PARTICULARS Amount Rs.

To Drawing 932,547 By Balance B/fd. 7,204,349

To TATA LIFe Insurance By Net Profit 3,013,488
To Rent Paid
To TDS 140 By Bank Interest 46,855
To Mediclaim By Dividend Income 461
To School Fees 114,214 By FD Interest 242
To LIC By Commission & Brokerage 2,731
To Balance c/fd. 9,221,224

TOTAL 10,268,125 TOTAL 10,268,125

BALANCE SHEET AS ON 31ST MARCH 2024

Amount
LIABILITIES Amount Rs. ASSETS Amount Rs.
Rs.
Fixed Assets
Yogesh Patankar Capital A/c. 9,221,224

Loans Liability Car Verna 307,063

Business Loan from HDFC Bank 647,932 Less : Depreciation @ 15% 46,059 261,004
Used Car Loan From HDFC Bank 1,298,414
Car Endeavour 2,358,780
Less : Depreciation @ 15% 353,817 2,004,963

Other Assets 756,450

Diamond & Gold 2,175,010

Current Liabilities
Professional Fees Payable 10,000
Trade Payables 139,871
Deposit 170,000

Current Assets
Sundry Debtors 5,574,341

Cash & Bank Balance

IDFC First Bank - 41411 120,536
Bank of India - SB A/c 55,810
Yes Bank - CA/c -
HDFC Bank 128,566
Indusind Bank 153,502 337,878

Cash Balance 37,796

TOTAL 11,317,441 TOTAL 11,317,441