MR.

PRAVEEN KUMAR SHARMA

(PROPRIETOR INDOHAAN TECHNOLOGY)
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED ON 31ST MARCH 2014

31.03.2014 AMOUNT (Rs.) 31.03.2014 AMOUNT (Rs.)

PARTICULARS PARTICULARS
DOMESTIC FOREIGN TOTAL DOMESTIC FOREIGN TOTAL
To Car Insurance 8,413.42 21,375.58 29,789.00 By professional fees 925,000.00 2,350,104.00 3,275,104.00
To Bank Charges 3,682.51 9,355.99 13,038.50 By Bank Interest Received 3,536.80 - 3,536.80
To Salary 312,159.93 793,090.07 1,105,250.00
To Telephone Expenses 17,391.71 44,186.29 61,578.00
To Travelling Expenses 5,550.11 14,100.89 19,651.00
To Electricity Charges 23,442.00 59,558.00 83,000.00
To Interest on Car Loan 30,821.13 78,305.81 109,126.94
To Internet & Website Charges 5,294.29 13,450.95 18,745.24
To Consultancy Charges 37,563.69 95,436.31 133,000.00
To Bonus 42,365.07 107,634.93 150,000.00
To Business Promotion 1,039.36 2,640.64 3,680.00
To Depreciation 80,132.96 203,590.04 283,723.00
To Office Expenses 2,711.36 6,888.64 9,600.00
To Repair & Maintainance Expenses 21,061.66 53,510.36 74,572.02
To Printing & Stationery Expenses 6,171.18 15,678.82 21,850.00
To Provision for professional charges 9,885.18 25,114.82 35,000.00
To Short & Excess (7.35) (18.66) (26.01)
To Computer Repair & Maintainance 353.04 896.96 1,250.00
To Professional Fees 4,236.51 10,763.49 15,000.00
To Miscellaneous Expenses 84.45 214.55 299.00
To Interest on Credit Cards 790.78 2,009.08 2,799.86
To Interest on late payment of TDS 143.76 365.24 509.00
To Interest on Service Tax 96.59 245.41 342.00
To Net Profit 315,153.46 791,709.79 1,106,863.25
928,536.80 2,350,104.00 3,278,640.80 928,536.80 2,350,104.00 3,278,640.80

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