2010-11 - Grasim

SAMR
AMRUDDHI SWASTIK
TRADING AND
INVESTMENTS LIMITED
PROFI
OFIT AND LOSS ACCO
CCOUNT FOR THE YEAR ENDED 31ST T MARCH, 2011 ` in Thousand
For the year For the year
ended 31st ended 31st
March, 2011 March, 2010
INCOME
Interest Income 42.06 249.51
(Tax deducted at source ` Nil , Previous year ` 56 thousand)
Rent Income 10,341.70 8,779.58
(Tax deducted at source ` 1052 thousand, Previous year ` 1466 thousand)
Dividend Income 8,223.32 30,552.26
Profit on Sale of Mutual Fund Units 514.26 -
19,121.34 39,581.35
EXPENDITURE
Auditors’ Remuneration
Audit Fee 10.00 10.00
Tax Audit Fee - 5.00
10.00 15.00
Municipal Tax - 15.06
Legal & Professional Fees 76.93 136.85
Maintenance Charges - 57.22
Bank Charges 0.47 2.52
General Charges 64.01 42.66
Interest Paid 1.92 652.46
Depreciation 2,128.02 2,240.02
2,281.35 3,161.79
Profit before
Tax
16,839.99
36,419.56
Provision for Current Tax 2,473.31 1,972.86
Provision for tax for earlier years (17.48) 449.37
Profit after
Tax
14,384.1
4,384.16 33,997.33
Balance brought forward from previous year 152,004.70 124,806.84
Profit available ailable for
Appropriation 166,388.86
158,804.1
58,804.17
Appropriations:
Transfer to Special Reserve Fund 2,876.83 6,799.47
Transfer to General Reserve 100,000.00 -
Balance Carried to Balance Sheet 63,512.03 152,004.70
166,388.86
158,804.1
58,804.17
Significant Accounting Policies and Notes on Accounts
Schedule ‘C’
The schedules refer
erred red to above form an integral part of the Profit and Loss
Account
As per our report of even date attached to the Balance Sheet
FOR SAMRUDDHI SWASTIK TRADING AND INVESTMENTS LIMITED
For AMRITLAL H. JAIN & CO.,
Chartered Accountants
AMRITLAL H.JAIN
G.K. Tulsian
Partner
Shailendra K. Jain
UJJAIN ANIL KUMAR LADHA Adesh Gupta
Dated : 29 April, 2011 Manager and Company Secretary Directors
165 ⊳