TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED

(Formally Known As Team Colence Technical Textile Private Limited)

CIN: U17299DL2020PTC369861
Balance Sheet as at March 31, 2024
( Rupees in Lacs)
Note As at As at
Particulars
No. March 31, 2024 March 31, 2023
I. EQUITY AND LIABILITIES

1 Shareholders’ funds
(a) Share Capital 1 2,100.00 2,000.00
(b) Reserves and Surplus 2 348.47 187.00
(c) Money received against share warrants - -
2,448.47 2,187.00

2 Share application money pending allotment

3 Non Current liabilities
(a) Long Term Borrowings 3 4,875.08 4,718.18
(b) Deferred Tax Liabilities (Net) 4 (7.35) 0.27
(c) Other Long Term Liabilities 5 - -
(d) Long - Term Provisions 6 - -

4,867.73 4,718.45
4 Current liabilities
(a) Short - Term Borrowings 7 3,336.14 3,055.70
(b) Trade Payables: 8
(i) Total outstanding dues of micro - -
enterprises and small enterprises: and
(ii) Total outstanding dues of creditors 434.44 1,410
other than micro enterprises and small
(c) Other Current Liabilities 9 166.23 160.77
(d) Short-Term Provisions 10 - -
3,936.81 4,626.36

Total 11,253.01 11,531.81

II. ASSETS

1 Non-current assets
(a) (i) Property, Plant and Equipment 11 5,304.21 3,999.00
(ii) Intangible assets
(iii) Capital Work in progress
(iv) Intangible Assets under
Development
(b) Non-current investments 12 - -
(c) Deferred Tax Assets - -
(d) Long term loans and Advances 13 49.24 1,096.74
( e) Other Non Current Assets 14 - -
5,353.44 5,095.73
2 Current assets
(a) Current Investments - -
(b) Inventories 15 2,301.20 2,688.70
(c) Trade receivables 16 2,510.07 2,895.66
(d) Cash and cash equivalents 17 16.26 15.58
(e) Short-term loans and advances 18 791.82 790.03
(f) Other Current Assets 19 280.21 46.10
5,899.57 6,436

Total 11,253.01 11,531.81

Summary of significant accounting policies 20

The accompanying notes are an integral part of financial statements

As per our report of even date For and on behalf of the Board of Directors of
FOR RISHI ARORA & ASSOCIATES TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED

CA RISHI ARORA VEENA ANAND DEV RAJ ANAND

Prop. Director Director
M. No. 501847 DIN 00422740 DIN -09782713
F.No. 027766N
UDIN:24501847BKCKNB5789
Place: Delhi
Date: 05th Sep, 2024
 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
(Formally Known As Team Colence Technical Textile Private Limited)
CIN: U17299DL2020PTC369861
Statement of Profit and loss for the year ended March 31, 2024
( Rupees in Lacs)
Note As at As at
Particulars
No. March 31, 2024 March 31, 2023
INCOME:
I. Revenue from Operations 21 8,223.23 9,358.12
II. Other income 22 10.86 2.72
III. Total Revenue (I + II) 8,234.1 9,360.83
IV. Expenses:
(a) Cost of materials consumed
(b)Purchases of Stock-in-Trade 23 5,602.25 9,090.46
(c) Changes in inventories of finished goods, work-in-progress 387.50 (1,882.40)
and stock-in-trade 24
(d)Employee benefits expense 25 470.22 346.09
(e) Finance costs 26 464.19 304.31
(f) Depreciation and amortization expense 27 248.48 189.15
(g) Other expenses 28 877.29 1,130.31
Total Expenses 8,049.93 9,177.91
V
Profit before exceptional and extraordinary iteam and tax 184.16 182.92
VI Exceptional Iteams - -
VII Profit before extraordinary items and tax (V - VI) 184.16 182.92
VIII Extraordinary Items - -
IX Profit before tax (VII- VIII) 184.16 182.92
X Tax expense:
(1) Current tax 40.32 31.08
(2) Deferred Tax (7.62) 0.27
Profit (Loss) for the period from continuing operations (VII-
XI VIII) 151.46 151.57
XII Profit/(loss) from discontinuing operations - -
XIII Tax expense of discontinuing operations - -
Profit/(loss) from Discontinuing operations (after tax)(XII-
XIV XIII) - -
XV Profit/ (Loss) (XI + XIV) 151.46 151.57
XVI Earnings per equity share having nominal value of Rs 10/- per
share:
(1) Basic 0.00 0.00
(2) Diluted 0.00 0.00
Summary of significant accounting policies 29
The accompanying notes are an integral part of financial statements
As per our report of even date For and on behalf of the Board of Directors of
FOR RISHI ARORA & ASSOCIATES TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED

CA RISHI ARORA VEENA ANAND DEV RAJ ANAND

Prop. Director Director
M. No. 501847 DIN 00422740 DIN -09782713
F.No. 027766N
UDIN:24501847BKCKNB5789
Place: Delhi
Date: 05th Sep, 2024
 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024
3 Share Capital
( Rupees in Lacs)
As at As at
March 31, 2024 March 31, 2023
Particulars
Amount in
Number Number Amount in Rupees
Rupees

Authorised
Equity shares of Rs. 10/- each 210.00 2,100.00 200.00 2,000.00

Issued, subscribed and fully paid up

Equity shares of Rs. 10/- each with voting rights 210.00 2,100.00 200.00 2,000.00

Total 210.00 2,100.00 200.00 2,000.00

a. Reconciliation of the number of shares outstanding at the beginning and at the end of the reporting year:
As at As at
March 31, 2024 March 31, 2023
Particulars
Amount in
Number Number Amount in Rupees
Rupees
Equity Shares

Shares outstanding at the beginning of the year 200 2,000 160 1,600
Add: Shares Issued during the year 10 100 40 400
Less: Shares bought back during the year - - - -
Shares outstanding at the end of the year 210 2,100 200 2,000

b. Terms / rights attached to equity shares

The company has only one class of equity shares having face value of Rs. 10/- per share. Each holder of equity share is entitled to one
vote per share. and has a right to receive dividend as recommended by the Board of Directors subject to the necessary approval from the
shareholders.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after
distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

c. Details of shareholders holding more than 5 % shares in the company are as below
As at As at
Name of Shareholder No. of Shares held31, 2024
March % of Holding No. of Shares held 31, 2023
March % of Holding

VEENA ANAND 10,000,000.00 47.62% 6,000,000.00 30.00%

DEV RAJ ANAND 5,000,000.00 23.81% - 0.00%
MAYANK GARG - 0.00% 2,500,000.00 12.50%
GANGA YAMUNA TRADERS PRIVATE LIMITED 2,000,000.00 9.52% - 0.00%
NORTHERN CONSUMBALES PRIVATE LIMITED 4,000,000.00 19.05% 4,000,000.00
COLENCE INTERNATIONAL PVT. LTD. - 0.00% 7,500,000.00 37.50%
21,000,000.00 100.00% 20,000,000.00 80.00%

As per records of the company, including its register of shareholders/ members and other declarations received from shareholders
regarding beneficial interest, the above shareholding represents both legal and beneficial ownerships of shares.
 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024
4 Reserves and surplus ( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

a. Securities Premium Reserve

Securities Premium Reserve
Balance at the beginning of the year 10.00 -
Add: Premium on shares issued during the year
Less: Utlilising during the year for:
Issuing bonus shares
Writing off shares issue expenses
Balance at the end of the year 10.00 -

b. Surplus in the statement of profit and loss

Balance as per last financial statements 187.00 35.43
Add : Profit for the year 151.46 151.57
Less: Loss Due to Change in
Rate of Depriciation as per
Company Act 2013
Net surplus in the statement of profit and loss 338.47 187.00

Total reserves and surplus 348.47 187.00

5 LONG TERM BORROWINGS ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

Secured Loans
Term Loan From Bank 3,105.08 3,269.26

Unsecured Loans

Inter Corporate Deposits 1,770.00 1,275.00

Loan from Director - 128.92
Loans and advances from related parties - -
Loans from Others - 45.00

4,875.08 4,718.18

6 Deferred tax Liabilities ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

Deferred Tax Liability

- Fixed assets: Impact of difference between tax -7.35 0.27
Deferred Tax Liability (7.35) 0.27

Net Deferred Tax Liabilities (7.35) 0.27

 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024

7 OTHER LONG TERM LIABILTIES ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

Trade Payable - -
Others - -
- -

8 LONG TERM PROVISIONS ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

Provision for employee benefits

-
-
Others - -
- -

9 SHORT TERM BORROWINGS ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

SECURED LOANS - -
OD A/C - -
CASH CREDIT 3,336.14 3,055.70
(Secured against hypothecation of Stocks and Personal
guarantee of Directors and equitable mortgaged of

Unsecured Loans

Loans and advances from related

-
parties- Short Term -
Loans from Others- Short Term - -

3,336.14 3,056

10 Trade Payables
Figures For the Current Reporting Period ( Rupees in Lacs)
Outstanding for following periods from due date of payment
Particulars Less than 1 1-2
Year Years 2-3 Years More than 3 Years Total
MSME - - - - -
Others-Raw Material Trade Payable 434.44 - - - 434.44
Dispute dues-MSME - - - - -
Dispute dues - - - - -
Others-For Capital Goods - - - - -
Total 434.44 434.44
 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024

Figures For Previous Reporting Period

Outstanding for following periods from due date of payment
Particulars Less than 1 1-2
Year Years 2-3 Years More than 3 Years Total
MSME - - - - -
Others 1,409.89 - - - 1,409.89
Dispute dues-MSME - - - - -
Dispute dues - - - - -
Others - - - - -
Total 1,409.89

11 Other current liabilities ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023
a) Expenses Payable
-Audit Fee Payable 3.90 2.10
-Professional Exp Payable - -
-Other Payable 4.19 85.93
Provision for Expenses - -
b) Advance Received
Advance Received From Customers - -
Advance Received Against Sale of Property - -
Rent Security - -
Advance Recd Against Sale of Property - -
-

Total 8.09 88.03

12 SHORT TERM PROVISIONS ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023
(a) Provision for employee
benefits
ESI Employees Contribution
Payable - -
ESI Employers Contribution
Payable 0.62 1.18
EPFO Employees Contribution
Payable - -
EPFO Employers Contribution
Payable 4.13 2.45
Wages Payable - -
Salary Payable 37.38 20.11

(b) Provision - for TAX -

-Income Tax 40.32 31.08
-TDS PAYABLE 22.77 18.10
-TCS PAYABLE (1.92) -
-GST Payable 54.85 (0.19)
(refer Note 24 for details of dues to micro and small
158.14 72.74
 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024

Note: Deferred tax assets is not recognized due to lack of virtual certainty supported by convincing evidence that
sufficient future taxable income will be available against which the deferred tax asset can be realized.

13 NON CURRENT INVESTMENTS ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

a) Investment property - -
b) Investments in Equity Instruments - -
c) Investments in partnership firms - -

- -

14 Long Term Loans and advances

(Unsecured, considered good unless otherwise stated) ( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023
a) MAT Credit Entitlement - -
b) Taxes Paid (Net of Provisions) - -
c) Loans and advances to employees - -
d) Loans & Advances - Other - -
e) Capital advances - -
- -

Total (A+B) - -

15 OTHER LONG TERM LIABILTIES ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

Long Term Trade Receivables - -

Security Deposits 49.24 1,096.74 -
Others - -
49.24 1,096.74

16 Inventories
(At lower of cost and net realisable value) ( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

Finished Goods 533.57 349.44

Raw Material (including Packing Material) 1,767.64 2,339.26
WIP
Stock with Consignee - -

Total 2,301.20 2,688.70

17 Trade Receivables
Figures For the Current Reporting Period
Outstanding for following periods from due date of payment
Particulars Less than 6 6 Months -
1-2 Years 2-3 Years Total
Months 1Year
Undisputed Trade Receivables- Considered 2,510.07 - - - 2,510.07
Undisputed Trade Receivables- Considered - - - - -
Disputed Trade Receivables- Considered Goods - - - - -
Disputed Trade Receivables- Considered - - - - -
Others
 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861

Figures For the Previous Reporting Period

Outstanding for following periods from due date of payment
Particulars Less than 6 6 Months - More than 3
1-2 Years 2-3 Years
Months 1Year Years
Undisputed Trade Receivables- Considered 2,895.66 - - - -
Undisputed Trade Receivables- Considered - - - - -
Disputed Trade Receivables- Considered Goods - - - - -
Disputed Trade Receivables- Considered - - - - -
Others

18 Cash and Bank Balances ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

Cash and Cash equivalents

a) Balances with banks
In Current Accounts 0.36 10.38
b) Cash on Hand 15.90 5.20

Total 16.26 15.58

19 SHORT TERM LOANS AND ADVANCES ( Rupees in Lacs)

Particulars Non Current Current

As at As at As at As at
March 31, 2024 March 31, 2023 March 31, 2024 March 31, 2023

Advance For Suppliers - -

Advance For Machinery - - -
Advance Tax 7.00 10.00
TDS Deducted 7.30 6.73
TCS Deducted 1.09 0.28
GST INPUT 771.61 771.79 -
Income Tax Refund 3.03 3.03

Total 790.03 791.82 -

20 OTHER CURRENT ASSETS ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

Preliminary exps. w/off 1.40 2.80

Others-FDR 278.81 42.40
Others-Prepaid Exp. 0.00 0.90

Total 280.21 46.10

 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024

21 Revenue from operations

( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

Revenue from Services

Sale of Goods 8,176.08 9,357.40
Export Sale 47.15 0.71

Total (A+B) 8,223.23 9,358.12

22 Other income
( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

a) Interest Received on Income tax Refund - -

b) Other Income 6.56 0.79
c) Discount Received - -
d) Interest Income 4.30 1.93

Total 10.86 2.72

22 (b)Purchases of Stock-in-Trade
( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

Purchases during the year 5,014.04 8,806.07

Purchases during the year-Import 588.21 284.39

Total 5,602.25 9,090.46

22 (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade

( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

Inventories at the beginning of the year 2,688.70 806.30

Less: Inventory at the end of the year 2,301.20 2,688.70

Total 387.50 (1,882.40)

22 (d)Employee benefits expense

( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

Salaries & wages 357.94 265.94

Bonus & Other Incentive 35.01 19.20
Director Remuneration 72.00 48.00
Staff Welfare Expenses 5.27 12.95

Total 470.22 346.09

 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024

22 (e) Finance costs

( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

Bank Charges 35.70 36.91

Interest on CC A/c 394.73 266.32
Interest on Late payment of Taxes - 0.01
Interest On Late payments 2.31 -
Interest On Loans 31.45 1.07

Total 464.19 304.31

`
23 Other Expenses
( Rupees in Lacs)
As at As at
Particulars
March 31, 2024 March 31, 2023

(A) DIRECT EXPENSES

Consumables
Power and Fuel 22.56 393.69
PNG Gass Exp. 472.61 -
Packing Expenses 0.02 -
Electricity Exp. 122.98 80.16
Freight 37.16 31.13
Port Charges 0.04 -
Processing Expenses - 300.00
Rent Paid 17.25 33.00

(B) INDIRECT EXPENSES

Payment to auditor (Refer details below) 2.00 2.00
Commission 8.27 17.75
Computer Expenses 0.01 4.16
Conveyance 0.62 3.47
Consultancy Expenses 24.96 13.31
Diwali Expenses - 18.70
Dues & Subscription 3.97 7.72
EPF Contribution 18.56 10.26
ESIC Contribution 5.75 4.10
Factory Expenses - 0.11
Fees and Taxes - 1.38
Filling Fees 0.01 0.00
Foreign Tour & Travels - 8.32
Handling Charges 2.56 -
Hotels, Forex, Ticket Expenses - 13.69
IATF Exp. - 2.01
Insurance 19.88 24.29
Legal Charges 0.06 0.50
Labour Welfare Fund Contribution - 0.38
Miscellaneous expenses 10.90 2.51
Medical Exp. - 0.03
Office Expenses 1.46 0.61
Operational Expenses - 27.73
Pollution Application 0.20 0.95
Postage 2.87 3.98
Preliminary Expenses W/off 1.40 1.40
Printing & stationery 2.32 4.45
Professional fees paid 7.21 19.32
Recruitment Expenses - 0.57
Rebate & Discount 3.43 5.24
 TEAM ASIA TECHNICAL TEXTILE PRIVATE LIMITED
CIN: U17299DL2020PTC369861
Notes to the financial statements for the year ended March 31, 2024
Rent,Rates & Taxes 29.80 1.52
Repair & Maintenence 5.09 15.83
ROC Exp. 1.20 -
Security Charges 20.20 17.07
Software Charges 1.51 9.09
Telephone 0.92 0.80
Testing Exps. 1.62 0.38
Training Fees - 0.57
Traveling Expenses 1.37 5.38
Vechicle exps 0.68 1.75
Short & Excess 0.09 (0.00)
Sales Promotion 5.96 9.68
Website & Domain Charges 2.42 11.09
Welfare A/c 17.40 20.21
Total 877.29 1,130.31

Payment to auditor ( Rupees in Lacs)

As at As at
Particulars
March 31, 2024 March 31, 2023

As auditor:
Audit Fees 2.00 2.00
Tax Audit Fees - -

2.00 2.00
 FOR ASSETS PURCHASED AFTER 31.03.2023

Date of Depreciable
Life as per Co. Used during the Dep for the WDV as on 31st
Purchase / Put Particular Original Cost (Rs) Salvaged value amount over Rate of Dep.
Act, 2013 year Year 2023-24 Mar 2024
to use whole life
CAPITAL WORK IN PROGRESS
PU Machines 139,345,599.58 - 139,345,600

OFFICE EQUIPMENTS
20-Apr-2023 Air Conditioner 90,625.00 5.00 4,531 86,094 45.07% 346 38,720.74 51,904.26
1-Jul-2023 Fire Extinguishers 178,293.00 5.00 8,915 169,378 45.07% 274 60,324.59 117,968.41
28-Apr-2023 Air Cooler 22,450.00 5.00 1,123 21,327 45.07% 338 9,369.14 13,080.86
23-May-2023 Air Cooler 127,774.00 5.00 6,389 121,385 45.07% 313 49,385.06 78,388.94
13-Apr-2023 Furniture & Fixture 25,350.35 5.00 1,268 24,082 45.07% 353 11,049.23 14,301.12
29-Apr-2023 HP Laserjet P1108 Printer 24,332.62 5.00 1,217 23,116 45.07% 337 10,125.12 14,207.50
6-Sep-2023 LED-TV 104,687.52 5.00 5,234 99,454 45.07% 207 26,760.03 77,927.49
15-Dec-2023 HP-Printer 10,932.20 5.00 547 10,385 45.06% 107 1,444.21 9,487.99
13-Jul-2023 Printer-HP M126NW 17,203.39 5.00 860 16,343 45.07% 262 5,566.09 11,637.30
6-Dec-2023 UPS For Computer 1,906.78 5.00 95 1,812 45.11% 116 273.37 1,633.41
25-Oct-2023 CCTV Camera 132,203.38 5.00 6,610 125,593 45.07% 158 25,793.84 106,409.54

COMPUTERS
27-Apr-2023 Computer 228,932.20 3.00 11,447 217,485 63.16% 339 134,292.20 94,640

PLANTS & MACHINERYS

13-Jul-2023 Deisel Engine Pump Set 392,757.00 15.00 19,638 373,119 18.10% 262 51,038.39 341,719
24-Apr-2023 Coating Machine-3 3,075,000.00 15.00 153,750 2,921,250 18.10% 342 521,607.66 2,553,392
17-May-2023 Coating Machine-3 1,678,500.00 15.00 83,925 1,594,575 18.10% 319 265,573.52 1,412,926
30-Jun-2023 Coating Machine-3 750,000.00 15.00 37,500 712,500 18.10% 275 102,297.89 647,702
3-Jul-2023 Coating Machine-3 106,000.00 15.00 5,300 100,700 18.10% 272 14,300.38 91,700
Machinery Installation
441 8,369 18.10% 358 1,563.81 7,246
8-Apr-2023 Coating -2 8,810.00 15.00
Machinery Installation
49,845 947,060 18.10% 248 122,624.91 874,280
27-Jul-2023 Coating -2 996,904.76 15.00
Machinery Installation
583 11,081 18.11% 227 1,313.38 10,351
17-Aug-2023 Coating -2 11,664.00 15.00
Machinery Installation
4,905 93,189 18.10% 184 8,952.10 89,142
29-Sep-2023 Coating -2 98,094.00 15.00
Machinery Installation
13,676 259,854 18.10% 167 22,656.77 250,873
16-Oct-2023 Coating -2 273,529.50 15.00
Machinery Installation
510 9,690 18.10% 90 455.32 9,745
1-Jan-2024 Coating -2 10,200.00 15.00
18-Apr-2023 Printing Rolls 100,000.00 15.00 5,000 95,000 18.10% 348 17,260.44 82,740
12-May-2023 Printing Rolls 26,288.00 15.00 1,314 24,974 18.11% 324 4,224.89 22,063
24-Aug-2023 Printing Rolls -18% 155,000.00 15.00 7,750 147,250 18.10% 220 16,913.25 138,087
25-Oct-2023 Printing Rolls -18% 310,000.00 15.00 15,500 294,500 18.10% 158 24,293.58 285,706
31-Dec-2023 Printing Rolls -18% 310,000.00 15.00 15,500 294,500 18.10% 91 13,991.87 296,008
24-Jan-2024 Printing Rolls -18% 310,000.00 15.00 15,500 294,500 18.10% 67 10,301.71 299,698
 29-Feb-2024 Printing Rolls -18% 171,000.00 15.00 8,550 162,450 18.10% 31 2,629.24 168,371
27-Mar-2024 Printing Rolls -18% 310,000.00 15.00 15,500 294,500 18.10% 4 615.03 309,385
28-Sep-2023 SMF Battry-150,AH-12V 920,000.00 15.00 46,000 874,000 18.10% 185 84,417.46 835,583
28-Sep-2023 UPS-300KVA 1,830,000.00 15.00 91,500 1,738,500 18.10% 185 167,917.34 1,662,083
21-Nov-2023 Water Tank 652,000.00 15.00 32,600 619,400 18.10% 131 42,363.48 609,637
26-Feb-2024 Web Guide System 120,000.00 15.00 6,000 114,000 18.10% 34 2,023.64 117,976
21-Aug-2023 Weighing Scale 6,000.00 15.00 300 5,700 18.10% 223 663.63 5,336

VEHICLES
20-Mar-2024 Car-MG 2,436,353.00 15.00 121,818 2,314,535 18.10% 11 13,292.46 2,423,061

155,368,390.28 1,886,395.77 153,481,994.51

31-Mar-2024
24,847,543.34 530,420,507.65
 TEAM COLENCE TECHNICAL TEXTILE PRIVATE LIMITED
Depreciation Chart as per Income Tax for F Y 2023-24

Addition
S.R. Particulars W.D.V. as on Less than Six Months After six Months Sale Total Rate Depreciation W.D.V as on
1.4.2023 31.03.2024
1 Capital Work & Process 283,194,211.97 - - - 283,194,211.97 - - 283,194,211.97
2 Furniture & Fixture 3,205,294.95 25,350.00 - - 3,230,644.95 10% 323,064.50 2,907,580.46
3 Machinery 111,845,796.42 10,720,383.00 5,048,124.00 - 127,614,303.42 15% 18,763,536.21 108,850,767.21
4 Computer 1,476,635.52 228,932.00 - - 1,705,567.52 40% 682,227.01 1,023,340.51

Total 399,721,938.86 10,974,665.00 5,048,124.00 - 129,319,870.94 19,768,827.72 395,975,900.14