3.kingsun Financial Statement Final
3.kingsun Financial Statement Final
3.kingsun Financial Statement Final
[Where the data of the Return of Income in Form ITR-1 (SAHAJ), ITR-2, ITR-3, ITR-4(SUGAM), ITR-5, ITR-6, ITR-7
Assessment Year
filed and verified] 2021-22
(Please see Rule 12 of the Income-tax Rules, 1962)
PAN AADCK9796K
Filed u/s 139(1) Return filed on or before due date e-Filing Acknowledgement Number 807737720121121
Interest Payable 10 0
Taxes Paid 12 0
Income Tax Return submitted electronically on 12-11-2021 11:34:22 from IP address 10.1.122.198 and verified by having PAN on 12-11-
2021 11:34:18 using paper ITR-Verification Form /Electronic Verification Code generated through Digital mode
System Generated
Barcode/QR Code
AADCK9796K068077377201211218FBEAE88AC421141BF52E84A96B478F82D4A9A9F
T.D.S./T.C.S 58964
-1802
Refundable (Round off u/s 288B) 1800
Details of Depreciation
Particulars Rate Opening More Less Total Sales Sales Balance Depreciation WDV
Than 180 Than 180 Less Than (Short Gain) Closing
Days Days 180 days
Furniture 10% 9686 0 0 9686 0 0 9686 969 8717
Domain 25% 87500 0 0 87500 0 0 87500 21875 65625
Total 97186 0 0 97186 0 0 97186 22844 74342
Signature
(PAZHANIAPPAN CHELLAPPAN)
For KINGSUN ENVIRO PRIVATE LIMITED
Date-07.12.2021
CompuTax : C010 [KINGSUN ENVIRO PRIVATE LIMITED]
Page 3
KINGSUN ENVIRO PRIVATE LIMITED (F.Y. 2020-2021)
NO.40,41, KASTHURI APARTMENTS,, FLAT NO.A2,, BRINDAVAN STREET
EXTN,, WEST MAMBALAM, WEST MAMBALAM, Chennai-600033
CIN : U37100TN2010PTC075106
Non-current liabilities
Long-term borrowings 3 4,47,563.00 10,33,482.00
Deferred tax liabilities (Net) 4
Other long term liabilities
Long-term provisions 5
4,47,563.00 10,33,482.00
Current liabilities
Short-term borrowings
Trade payables
(A) Micro enterprises and small enterprises
(B) Others
Other current liabilities
Short-term provisions 5 1,27,661.00 34,000.00
1,27,661.00 34,000.00
TOTAL 2,02,195.00 5,32,923.00
ASSETS
Non-current assets
Property,Plant and Equipment 6
Tangible assets 1,250.00 2,225.00
Intangible assets 66,793.00 90,227.00
Capital work-in-Progress
Intangible assets under development
Non-current investments
Deferred tax assets (net) 4 2,322.00
Long-term loans and advances
Other non-current assets
70,365.00 92,452.00
Current assets
Current investments
Inventories 7 1,05,000.00
Trade receivables 2,00,629.00
Cash and cash equivalents 8 16,205.00 55,028.00
Short-term loans and advances
Other current assets 9 1,15,625.00 79,814.00
1,31,830.00 4,40,471.00
TOTAL 2,02,195.00 5,32,923.00
The accompanying notes are an integral part of the financial statements.
As per our report of even date
For PRISM & ASSOCIATES
Chartered Accountants For and on behalf of the Board of Directors
(FRN: 015173S)
Statement of Profit and loss for the year ended 31st March 2021 in rupees
Note
Particulars 31st March 2021 31st March 2020
No.
Revenue
Revenue from operations 10 19,35,941.00 90,000.00
Less: Excise duty
Net Sales 19,35,941.00 90,000.00
Other income
Total revenue 19,35,941.00 90,000.00
Expenses
Cost of material Consumed 11 4,73,836.00
Purchase of stock-in-trade
Changes in inventories 12 1,05,000.00 55,000.00
Employee benefit expenses 13 8,92,196.00
Finance costs 14 3,005.00 783.00
Depreciation and amortization expenses 15 24,409.00 11,509.00
Other expenses 16 2,19,211.00 49,588.00
Total expenses 17,17,657.00 1,16,880.00
Profit before exceptional, extraordinary and prior period items
2,18,284.00 (26,880.00)
and tax
Exceptional items
Profit before extraordinary and prior period items and tax 2,18,284.00 (26,880.00)
Extraordinary items
Prior period item
Profit before tax 2,18,284.00 (26,880.00)
Tax expenses
Current tax 17 57,161.00
Deferred tax 18 (407.00) 537.00
Excess/short provision relating earlier year tax
Profit(Loss) for the period 1,61,530.00 (27,417.00)
Earning per share
Basic
Before extraordinary Items
After extraordinary Adjustment
Diluted
Before extraordinary Items
After extraordinary Adjustment
Notes to Financial statements for the year ended 31st March 2021
The previous year figures have been regrouped / reclassified, wherever necessary to confirm to the
current year presentation.
Reconciliation of the Shares outstanding at the beginning and at the end of the reporting period
Equity shares
The company has only one class of Equity having a par value Rs. 10.00 per share. Each shareholder is eligible for one vote
per share held. The dividend proposed by the board of directors is subject to the approval of the shareholders in ensuing
Annual General Meeting, except in case of interim dividend. In the event of liquidation, the Equity shareholders are eligible
to receive the remaining assets of the company after distribution of all preferential amounts, in proportion to their
shareholding.
General Notes :
1. No depreciation if remaining useful life is negative or zero.
2. If asset is used less than 365 days during current financial year then depreciation is equals to w.d.v as on 31-03-2020 less residual value.
3. Depreciation is calculated on pro-rata basis in case asset is purchased/sold during current F.Y.
4. If above assets is used for any time during the year for double shift, the depreciation will increase by 50% for that period and in case of the triple shift the depreciation shall
be calculated on the basis of 100% for that period.
KINGSUN ENVIRO PRIVATE LIMITED (F.Y. 2020-2021)
NO.40,41, KASTHURI APARTMENTS,, FLAT NO.A2,, BRINDAVAN STREET
EXTN,, WEST MAMBALAM, WEST MAMBALAM, Chennai-600033
CIN : U37100TN2010PTC075106
KINGSUN ENVIRO PRIVATE LIMITED (F.Y. 2020-2021)
NO.40,41, KASTHURI APARTMENTS,, FLAT NO.A2,, BRINDAVAN STREET
EXTN,, WEST MAMBALAM, WEST MAMBALAM, Chennai-600033
CIN : U37100TN2010PTC075106
Total 4,73,836.00
in rupees
31st March 2021 31st March 2020
%to total %to total
Particulars Value value
Consumption Consumption
Cost of Materials Consumed
Imported
Indigenous 4,73,836.00 100.00
4,73,836.00 100.00
M/S KINGSUN ENVIRO PRIVATE LIMITED
Note No. : 19
3. Revenue Recognition: -
Expenses and Income considered payable and receivable respectively are accounted for on
accrual basis.
Revenue is recognized to the extent that it is probable that the economic benefits will flow to
the Company and the revenue can be reliably measured.
4. Property, Plant & Equipment :-
Property, Plant & Equipment including intangible assets are stated at their original cost of
acquisition including taxes, freight and other incidental expenses related to acquisition and
installation of the concerned assets less depreciation till date.
Company has adopted cost model for all class of items of Property Plant and Equipment.
.
5. Depreciation :-
Depreciation on Fixed Assets is provided to the extent of depreciable amount on the Written
down Value (WDV) Method/SLM method. Depreciation is provided based on useful life of
the assets as prescribed in Schedule II to the Companies Act, 2013.
After impairment, depreciation is provided on the revised carrying amount of the asset over
its remaining useful life.
6. Investments :-
Investments, which are readily realizable and intended to be held for not more than one
year
from the date on which such investments are made, are classified as current investments.
All other investments are classified as non-current investments.
On initial recognition, all investments are measured at cost. The cost comprises purchase
price and directly attributable acquisition charges such as brokerage, fees and duties.
Current investments are carried in the financial statements at lower of cost and fair value
determined on an individual investment basis. Long-term investments are carried at cost.
However, provision for diminutions in value is made to recognize a decline other than
temporary in the value of the investments.
On disposal of an investment, the difference between its carrying amount and net disposal
proceeds is charged or credited to the statement of profit and loss.
7. Inventories :-
Inventories are valued as under:-
1. Inventories : Lower of cost(FIFO/specific cost/Weighted avg) or net realizable
value
2. Scrap : At net realizable value.
8. Taxes on Income:-
Provision for current tax is made on the basis of estimated taxable income for the current
accounting year in accordance with the Income Tax Act, 1961. The deferred tax for timing
differences between the book and tax profits for the year is accounted for, using the tax
rates and laws that have been substantively enacted by the balance sheet date. Deferred
tax assets arising from timing differences are recognized to the extent there is virtual
certainty with convincing evidence that these would be realized in future. At each Balance
Sheet date, the carrying amount of deferred tax is reviewed to reassure realization.
The effect of Accounting Standard – 22 relating to accounting for taxes on income issued by
the Institute of Chartered Accountants of India is not being considered as there is no timing
difference between book and taxable profits under the head ‘Income from Business or
Profession’ of the assessee.
9. Provisions, Contingent Liabilities and Contingent Assets:- (AS-29)
Provisions are recognized only when there is a present obligation as a result of past events
and when a reliable estimate of the amount of the obligation can be made.
Contingent Liabilities is disclosed in Notes to the account for:-
(i) Possible obligations which will be confirmed only by future events not wholly within the
control of the company or
(ii) Present Obligations arising from past events where it is not probable that an outflow of
resources will be required to settle the obligation or a reliable estimate of the amount of
the obligation cannot be made.
Contingent assets are not recognized in the financial statement since this may result in the
recognition of the income that may never be realized.
General:
Except wherever stated, accounting policies are consistent with the generally accepted
accounting principles and have been consistently applied.
1. Trade receivables, Trade payables, Loans & Advances and Unsecured Loans have been
taken at their book value subject to confirmation and reconciliation.
2. Payments to Auditors:
Auditors Remuneration 2020-2021 2019-2020
Audit Fees 20000 10000
Tax Audit Fees
Company Law Matters
GST
Total 20000 10000
3. Loans and Advances are considered good in respect of which company does not hold any
security other than the personal guarantee of persons.
4. Related Party disclosure as identified by the company and relied upon by the auditors:
1. PALANIAPPAN CHELLAPPAN
2. ARULMOZHI BALU
(III) Enterprises owned or significantly influenced by Key Management personnel or their
relatives
1. Elegant Enterprises
2. Universal Enterprises
Outstanding Balances
Current Year Previous year
Key Relative of Key Key Relative of Key
Management Management Management Management
Particulars Personnel Personnel Personnel Personnel
7. Value of Imports
Raw Material Nil Nil
Finished Goods Nil Nil
Signature to notes 1 to 19
(S SUDALAIMANI)
Partner PALANIAPPAN ARULMOZHI BALU
Membership No. 230635 CHELLAPPAN Director
Registration No. 015173S Director
Place:- Chennai DIN : 02982474 DIN : 08100953
Date: - 01/11/2021
UDIN:
Data updated till 6-Apr-2022
Form 26AS
Annual Tax Statement under Section 203AA of the Income Tax Act, 1961
See Section 203AA and second provision to Section 206C (5) of the Income Tax Act, 1961 and Rule 31AB of Income Tax Rules, 1962
Permanent Account Number (PAN) AADCK9796K Current Status of PAN Active Financial Year 2020-21 Assessment Year 2021-22
Name of Assessee KINGSUN ENVIRO PRIVATE LIMITED
Address of Assessee 73/A, NUNGAMBAKKAM, SCHEME ROAD KAMDHAR NAGAR, MAHALINGAPURAM,
CHENNAI, TAMIL NADU, 600034
Above data / Status of PAN is as per PAN details. For any changes in data as mentioned above, you may submit request for corrections
Refer www.tin-nsdl.com / www.utiitsl.com for more details. In case of discrepancy in status of PAN please contact your Assessing Officer
Communication details for TRACES can be updated in 'Profile' section. However, these changes will not be updated in PAN database as mentioned above
Sr. No. Name of Deductor TAN of Deductor Total Amount Paid/ Total Tax Deducted # Total TDS
Credited Deposited
1 VELLORE MUNICIPALITY CHEV03061C 217710.00 4354.00 4354.00
Sr. No. Section 1 Transaction Date Status of Booking* Date of Booking Remarks** Amount Paid / Tax Deducted ## TDS Deposited
Credited
1 194C 12-Jan-2021 F 20-Jul-2021 - 217710.00 4354.00 4354.00
Sr. No. Name of Deductor TAN of Deductor Total Amount Paid/ Total Tax Deducted # Total TDS
Credited Deposited
2 COROMANDEL INTERNATIONAL LIMITED VPNC00049A 1456240.80 54610.00 54610.00
Sr. No. Section 1 Transaction Date Status of Booking* Date of Booking Remarks** Amount Paid / Tax Deducted ## TDS Deposited
Credited
1 194H 20-Nov-2020 F 28-Jan-2021 - 424560.00 15921.00 15921.00
2 194H 14-Sep-2020 F 31-Oct-2020 - 1031680.80 38689.00 38689.00
Sr. No. Name of Deductor TAN of Deductor Total Amount Paid / Total Tax Deducted # Total TDS
Credited Deposited
Sr. No. Section 1 Transaction Date Date of Booking Remarks** Amount Paid/Credited Tax Deducted ## TDS Deposited
No Transactions Present
PART A2 - Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB / TDS on payment to resident contractors and professionals u/s
194M (For Seller/Landlord of Property/Payee of resident contractors and professionals)
Sr. No. Acknowledgement Name of Deductor PAN of Deductor Transaction Date Total Transaction Total TDS
Number Amount Deposited***
Sr. No. TDS Certificate Date of Deposit Status of Booking* Date of Booking Demand Payment TDS Deposited***
Number
Gross Total Across Deductor(s)
No Transactions Present
Sr. No. Name of Collector TAN of Collector Total Amount Paid/ Total Tax Collected + Total TCS
Debited Deposited
Sr. No. Section 1 Transaction Date Status of Booking* Date of Booking Remarks** Amount Paid/ Tax Collected ++ TCS Deposited
Debited
No Transactions Present
Sr. Major 3 Minor 2 Tax Surcharge Education Penalty Interest Others Total Tax BSR Code Date of Challan Remarks**
No. Head Head Cess Deposit Serial
Number
No Transactions Present
Sr. Assessment Year Mode Refund Issued Nature of Refund Amount of Refund Interest Date of Payment Remarks
No.
No Transactions Present
Sr. Type Of Transaction 4 Name of SFT Filer Transaction Date Amount (Rs.) Remarks**
No.
No Transactions Present
PART F - Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB /TDS on payment to resident contractors and professionals u/s
194M (For Buyer/Tenant of Property /Payer of resident contractors and professionals)
Sr. Acknowledgement Name Of Deductee PAN of Transaction Total Transaction Total TDS Total Amount ###
No. Number Deductee Date Amount Deposited*** Deposited other
than TDS
Sr. TDS Certificate Date of Deposit Status of Date of Booking Demand Payment TDS Deposited*** Total Amount ###
No. Number Booking* Deposited other
than TDS
Gross Total Across Deductor(s)
No Transactions Present
(All amount values are in INR)
Sr. No. Financial Year Short Payment Short Deduction Interest on TDS Interest on TDS Late Filing Fee u/s Interest u/s 220(2) Total Default
Payments Default Deduction Default 234E
Sr. No. TANs Short Payment Short Deduction Interest on TDS Interest on TDS Late Filing Fee u/s Interest u/s 220(2) Total Default
Payments Default Deduction Default 234E
No Transactions Present
*Notes:
1.Defaults relate to processing of statements and donot include demand raised by the respective Assessing Officers.
Sr. No. GSTIN Application Reference Number (ARN) Date of filing Return Period Taxable Turnover Total Turnover
1 33AADCK9796K2ZT AA330420799957O 30-Jun-2020 April,2020 0.00 0.00
2 33AADCK9796K2ZT AA3305206394389 30-Jun-2020 May,2020 0.00 0.00
3 33AADCK9796K2ZT AA330620472037I 21-Jul-2020 June,2020 0.00 0.00
4 33AADCK9796K2ZT AA331020156571U 04-Nov-2020 October,2020 0.00 0.00
5 33AADCK9796K2ZT AB330820422460P 04-Nov-2020 August,2020 0.00 0.00
6 33AADCK9796K2ZT AA330920886268T 04-Nov-2020 September,2020 0.00 0.00
7 33AADCK9796K2ZT AA330720052730O 04-Nov-2020 July,2020 1511380.75 1511380.75
8 33AADCK9796K2ZT AB3303211202135 19-Apr-2021 March,2021 0.00 0.00
9 33AADCK9796K2ZT AA3302219565957 20-Mar-2021 February,2021 0.00 0.00
10 33AADCK9796K2ZT AB330121060217U 19-Feb-2021 January,2021 0.00 0.00
11 33AADCK9796K2ZT AB331220362164R 21-Jan-2021 December,2020 0.00 0.00
12 33AADCK9796K2ZT AB3311204915877 21-Jan-2021 November,2020 424560.00 424560.00
Notes:-
1. The GSTN data displayed above includes internal stock transfers as well.
Contact Information
*Status Of Booking
F Final In case of non-government deductors, payment details of TDS / TCS deposited in bank by deductors have matched with the
payment details mentioned in the TDS / TCS statement filed by the deductors. In case of government deductors, details of
TDS / TCS booked in Government account have been verified with payment details submitted by Pay and Accounts Officer
(PAO)
O Overbooked Payment details of TDS / TCS deposited in bank by deductor have matched with details mentioned in the TDS / TCS
statement but the amount is over claimed in the statement. Final (F) credit will be reflected only when deductor reduces
claimed amount in the statement or makes additional payment for excess amount claimed in the statement
**Remarks
Legend Description
'A' Rectification of error in challan uploaded by bank
'B' Rectification of error in statement uploaded by deductor
'C' Correction/Rectification of error in Statement uploaded by SFT Filer
'D' Rectification of error in Form 24G filed by Accounts Officer
'E' Rectification of error in Challan by Assessing Officer
'F' Lower/ No deduction certificate u/s 197
'G' Reprocessing of Statement
'O' Original Statement uploaded by SFT Filer
'R' Reversal of Entry in Original/Correction Statement uploaded by SFT Filer
'T' Transporter
1.Sections
4.Type of Transaction
Code Description
SFT-001 Payment made in cash for purchase of bank drafts or pay orders or banker's cheque of an amount aggregating to ten lakh rupees or more in a financial year.
SFT-002 Payments made in cash aggregating to ten lakh rupees or more during the financial year for purchase of pre-paid instruments issued by Reserve Bank of India under
section 18 of the Payment and Settlement Systems Act, 2007 (51 of 2007).
SFT-003 03A - Cash deposits aggregating to fifty lakh rupees or more in a financial year, in or from one or more current account of a person.
03B - Cash withdrawals (including through bearer's cheque) aggregating to fifty lakh rupees or more in a financial year, in or from one or more current account of a
person.
SFT-004 Cash deposits aggregating to ten lakh rupees or more in a financial year, in one or more accounts (other than a current account and time deposit) of a person.
SFT-005 One or more time deposits (other than a time deposit made through renewal of another time deposit) of a person aggregating to ten lakh rupees or more in a financial
year of a person.
SFT-006 Payments made by any person of an amount aggregating to (i) One lakh rupees or more in cash; or (ii) Ten lakh rupees or more by any other mode, against bills
raised in respect of one or more credit cards issued to that person, in a financial year.
SFT-007 Receipt from any person of an amount aggregating to ten lakh rupees or more in a financial year for acquiring bonds or debentures issued by the company or
institution (other than the amount received on account of renewal of the bond or debenture issued by that company).
SFT-008 Receipt from any person of an amount aggregating to ten lakh rupees or more in a financial year for acquiring shares (including share application money) issued by
the company.
SFT-009 Buy back of shares from any person (other than the shares bought in the open market) for an amount or value aggregating to ten lakh rupees or more in a financial
year.
SFT-010 Receipt from any person of an amount aggregating to ten lakh rupees or more in a financial year for acquiring units of one or more schemes of a Mutual Fund (other
than the amount received on account of transfer from one scheme to another scheme of that Mutual Fund).
SFT-011 Receipt from any person for sale of foreign currency including any credit of such currency to foreign exchange card or expense in such currency through a debit or
credit card or through issue of travellers cheque or draft or any other instrument of an amount aggregating to ten lakh rupees or more during a financial year.
SFT-012 Purchase or sale by any person of immovable property for an amount of thirty lakh rupees or more or valued by the stamp valuation authority referred to in section
50C of the Act at thirty lakh rupees or more.
SFT-013 Receipt of cash payment exceeding two lakh rupees for sale, by any person, of goods or services of any nature (other than those specified at Sl. Nos. 1 to 10 of Rule
114E)
SFT-014 Cash deposits during the period 09th November, 2016 to 30th December, 2016 aggregating to (i) twelve lakh fifty thousand rupees or more, in one or more current
account of a person; or (ii) two lakh fifty thousand rupees or more, in one or more accounts (other than a current account) of a person. Cash deposits during the
period 1st April, 2016 to 9th November, 2016 in respect of accounts that are reportable.
Glossary