NAME OF THE FIRM

: DELTA PROJECTS

ADDRESS OF THE FIRM

: 48/19, Rajamangalam Main Road,

: Villivakkam,
: Chennai-600 049.

PAN NO.

: AAGFD4363H

DATE OF INCORPORATION

: 31/03/2005

STATUS

: Firm

ASSESSMENT YEAR

: 2011-2012

ACCOUNTING YEAR
: Y.E. On 31.03.2011
---------------------------STATEMENT OF INCOME FOR INCOME TAX PURPOSES
BUSINESS INCOME :
Net Profit as per Profit & Loss account attached

Rs.
1,078,061

Less : Partners Remuneration as per Income Tax Act

736,836
341,225

TOTAL INCOME IS COMPUTED AS UNDER

Rs.
Business Income
341,225
Other Sources
Taxable Income :

Nil
341,225

Tax on above

102367

Add : 3% Educational Cess

3071
105438

Less : T.D.S.
PAYABLE

98991
6447

1258836

663152.4

M/S. DELTA PROJECTS,

NO.48/19, RAJAMANGALAM MAIN ROAD,
VILLIVAKKAM, CHENNAI-600 049.

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2011

By
Contract Receipts
Profit on Hiring Equipments
Work in Progress
Closing Stock

Rs. P.
49,556,899.00
658,950.00
165,009.00
50,380,858.00

To
Opening Stock
Work in Progress
Purchases & Hirers
Wages and Labour Charges
Rent
Electricity Charges
Salary
Travelling and Conveyance
Postage and Courier Charges
Interest and Finance Charges
Printing and Stationery
Telephone Charges
Repairs and Maintanence
Staff Welfare Expenses
General Expenses
Depreciation
NET PROFIT

49,899.50
2,722,000.00
40,038,501.01
1,399,500.00
180,250.00
105,988.00
2,683,465.00
187,555.00
26,588.00
9,978.55
9,575.00
28,500.00
18,200.00
41,250.00
10,780.00
1,790,767.42
1,078,060.52
50,380,858.00

M/S. DELTA PROJECTS,

NO.48/19, RAJAMANGALAM MAIN ROAD,
VILLIVAKKAM, CHENNAI-600 049.
BALANCE SHEET AS AT 31.03.2011
LIABILITIES
PARTNER'S CAPITAL ACCOUNT
Mr. J.Annamalai
Mrs.A. Priya Annaporani

Rs. P.
4,541,000.00
509,000.00

Rs. P.

5,050,000.00
PARTNER'S CURRENT ACCOUNT
Mr. J.Annamalai
5,933,405.64
Mrs.A. Priya Annaporani
906,517.36
6,839,923.00
Loan from SBI

4,493,035.63

Gold Loan from HDFC Bank

980,000.00

TATA Tipper loan

1,053,664.00

Sundry Creditors

120,416.43
18,537,039.06

ASSETS
Fixed Assets (as per schedule)

12,917,175.59

Advances & Deposits ( as per schedule)

Fixed Deposit with SBI

5,000,000.00

Work in Progress

165,009.00

Sundry Debtors
Cash & Bank Balances :
Cash at Bank
Cash in hand

333,036.99

7,855.00

12,632.00
101,330.50
113,962.50
18,537,039.08

M/S. DELTA PROJECTS : CHENNAI-600 049

SCHEDULES FOR THE YEAR 2010-2011
PARTNER'S CURRENT ACCOUNT
MR. J.ANNAMALAI
To Opening Balance
To Loan received from Firm
To Net Profit
By Drawings
By Balance b/d.

DEBIT
Rs. P.

CREDIT
Rs. P.
7,305,252.64

2,000,000.00
663,153.00
35,000.00
5,933,405.64
5,968,405.64

7,968,405.64

MRS. A.PRIYA ANNAPOORANI

To Opening Balance
To Net Profit
By Drawings
By Balance b/d.

842,834.36
73,683.00
10,000.00
906,517.36
916,517.36

916,517.36

ADVANCES AND DEPOSITS

Rent Advance
Telephone Deposit
EMD and Others

260,000.00
3,000.00
70,036.99
333,036.99

663153

73683

DELTA PROJECTS
DEPRECIATION STATEMENT AS ON 31.03.2011
Sl. Name of the Asset
No.

W.D.V. ason
31.03.2010
Rs. P.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29

Land
Office Building
Apartments in Tirunelveli
Apartments in Chennai
Tipper
Office Equipments
Furniture and Fittings
Tar Boiler-1
Tar Boiler-2
Mini Hot Mix Plant
Mini Hot Mix Plant
Bull Dozer
Excavator
Excavator
Concrete Mixer
Concrete Mixer
Concrete Mixer
Concrete Mixer
Water Tanker
Water Tanker and Sprinkler
Diesel Road Roller - 2 Nos.
Earth Vibratory Road Roller
Tractor
Loader
Tipper
Vehicle Mounted
Mechanical Sprayer
Central Hot Plant
Mechanical Paver
Sensar Pavar
Concrete Vibrator

1,292,180.92
35,146.19
7,387.48
58,335.82
58,335.55
237,188.10
237,188.10
544,219.55
1,578,937.50
1,578,937.50
62,081.60
62,081.60
62,081.60
62,081.60
161,718.75
218,085.30
506,634.00
686,343.75
176,496.75
238,593.75
795,093.75
362,092.50
1,025,857.85
609,532.50
1,215,570.00
45,210.00

Additions/
Deletions
Rs. P.
89,460.00
52,823.00
661,600.00
1,986,648.00
---------------------------

Total

Rs. P.
89,460.00
52,823.00
661,600.00
1,986,648.00
1,292,180.92
35,146.19
7,387.48
58,335.82
58,335.55
237,188.10
237,188.10
544,219.55
1,578,937.50
1,578,937.50
62,081.60
62,081.60
62,081.60
62,081.60
161,718.75
218,085.30
506,634.00
686,343.75
176,496.75
238,593.75
795,093.75
362,092.50
1,025,857.85
609,532.50
1,215,570.00
45,210.00

RATE Depreciation
%
for the year

W.D.V. ason
31.03.2011

15
10
10
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15

Rs. P.
-5,282.30
--193,827.14
3,514.62
738.75
8,750.37
8,750.33
35,578.22
35,578.22
81,632.93
236,840.63
236,840.63
9,312.24
9,312.24
9,312.24
9,312.24
24,257.81
32,712.80
75,995.10
102,951.56
26,474.51
35,789.06
119,264.06
54,313.88

Rs. P.
89,460.00
47,540.70
661,600.00
1,986,648.00
1,098,353.78
31,631.57
6,648.73
49,585.45
49,585.22
201,609.89
201,609.89
462,586.62
1,342,096.88
1,342,096.88
52,769.36
52,769.36
52,769.36
52,769.36
137,460.94
185,372.51
430,638.90
583,392.19
150,022.24
202,804.69
675,829.69
307,778.63

15
15
15
15

153,878.68
91,429.88
182,335.50
6,781.50

871,979.17
518,102.63
1,033,234.50
38,428.50

-10
---

TOTAL .

11,917,412.01

2,790,531.00

14,707,943.01

1,790,767.42

12,917,175.59