MR.

PRAVEEN KUMAR SHARMA

(PROPRIETOR INDOHAAN TECHNOLOGY)
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED ON 31ST MARCH 2016

31.03.2016 AMOUNT (Rs.) 31.03.2016 AMOUNT (Rs.)

PARTICULARS PARTICULARS
DOMESTIC FOREIGN TOTAL DOMESTIC FOREIGN TOTAL
To Car Insurance 3,281.07 12,319.93 15,601.00 By professional fees 695,000.00 2,609,625.00 3,304,625.00
To Bank Charges 14,050.06 52,755.94 66,806.00 By Bank Interest Received 3,683.00 - 3,683.00
To Salary 115,338.09 433,077.91 548,416.00 By Interest on Income Tax Refund 1,300.00 - 1,300.00
To Telephone Expenses 14,048.80 52,751.20 66,800.00 By Sundry Balances Written Off 154.00 - 154.00
To Travelling Expenses 38,968.16 146,319.84 185,288.00
To Electricity Charges 14,695.08 55,177.92 69,873.00
To Interest on Car Loan 13,571.60 50,959.40 64,531.00
To Internet & Website Charges 1,907.73 7,163.27 9,071.00
To Consultancy Charges 42,798.35 160,701.65 203,500.00
To Testing charges 210.10 788.90 999.00
To Bonus 37,856.04 142,143.96 180,000.00
To Business Promotion 255.32 958.68 1,214.00
To Depreciation 38,557.42 144,777.58 183,335.00
To Repair & Maintainance Expenses 31,244.27 117,317.73 148,562.00
To Short & Excess 0.42 1.58 2.00
To Computer Repair & Maintainance 1,114.65 4,185.35 5,300.00
To Job Work Charges 63,934.64 240,065.36 304,000.00
To Late fees for LIC Payment 22.29 83.71 106.00
To Professional Fees 10,482.76 39,361.24 49,844.00
To Vehicle Running & Maintainance Charges 10,356.99 38,889.01 49,246.00
To Interest on Credit Cards 2,014.57 7,564.43 9,579.00
To Interest on late payment of TDS 124.08 465.92 590.00
To Service Tax Credit Written Off 761.96 2,861.04 3,623.00
To Rent Paid 42,383.62 159,144.38 201,528.00
To Car Maintainance 2,411.22 9,053.78 11,465.00
To Net Profit 199,747.73 730,735.27 930,483.00
700,137.00 2,609,625.00 3,309,762.00 700,137.00 2,609,625.00 3,309,762.00

Bifurcation of domestic and foreign expenses has been done in the proportion of foreign and domestic turnover