(1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form by the Central Government in consultation with the Comptroller and Auditor-General of India.
(2) The accounts of the Board shall be audited by the Comptroller and Auditor-General of India at such intervals as may be specified by him and any expenditure incurred in connection with such audit shall be payable by the Board to the Comptroller and AuditorGeneral of India.
(3) The Comptroller and Auditor-General of India and any other person appointed by him in connection with the audit of the accounts of the Board shall have the same rights and privileges and authority in connection with such audit as the Comptroller and Auditor-General generally has in connection with the audit of the Government accounts and, in particular, shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect any of the offices of the Board.
(4) The accounts of the Board as certified by the Comptroller and Auditor-General of India or any other person appointed by him in this behalf together with the audit report thereon shall be forwarded annually to the Central Government and that Government shall cause the same to be laid before each House of Parliament.
1.4.1. Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018.
1. Short title and commencement
(1) These rules may be called the Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018.
(2) They shall come into force on the date of their publication in the Official Gazette.
1.4.2. Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018.
2. Definitions
(1) In these rules, unless the context otherwise requires;-
(a) ‘Code’ means the Insolvency and Bankruptcy Code, 2016 (31 of 2016);
(b) ‘Fund’ means the Fund of the Board constituted under sub-section (1) of section 222 of the Code;
(c) ‘Form’ means form annexed to these rules;
(d) ‘Schedule’ means the Schedule annexed to these rules;
(e) ‘year’ means a financial year beginning on 1st April and ending on 31st March of the immediately following year.
(2) Words and expressions used and not defined in these rules, but defined in the Code shall have the meanings respectively assigned to them in the Code.
1.4.3. Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018.
3. Maintenance of accounts and records
(1) The Board shall maintain its accounts and records in the Form of financial statements annexed to these rules.
(2) The Board Shall follow the general directions of the Central Government given in consultation with the Comptroller and Auditor General of India in maintaining the financial statements.
1.4.4. Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018.
4. Preparation and submission of annual statement of accounts of the Board
(1) The Board shall prepare its annual statement of accounts and balance sheet showing the financial results and significant accounting policies in and and the .
(2) The annual statement of accounts and balance sheet of the Board, duly authenticated by the whole-time members in-charge of Finance Accounts Department of the Board, Chairperson of the Audit Committee of the Board and Chairperson and approved by the Board shall be forwarded to the Comptroller and Auditor General of India, for the purposes of audit, within three months of the end of the financial year.
(3) The duly audited annual statement of accounts and balance sheet of the Board as certified by the Comptroller and Auditor General of India together with the audit report thereon shall be forwarded by the Chairperson for every financial year to the Central Government of laying before each House of Parliament.
Preamble – Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018.
NOTIFICATION
New Delhi, the 1st May, 2018
G.S.R. 423(E).—In exercise of the powers conferred by clause (zh) of sub- section (2) of section 239 read with sub-section (1) of section 223 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby makes the following rules, namely:-
IBC-Enforcement Notification [S.O.3355(E)] dated 01/11/2016
Form – C [see sub rule (1) of rule 4]
RECEIPT AND PAYMENT ACCOUNTS FOR THE PERIOD/YEAR ENDED
_________________________________
(Amount in Rs.)
| RECEIPTS | Current Year | Previous Year | PAYMENTS | Current Year | Previous Year |
|---|---|---|---|---|---|
| I. Opening Balances | I. Expenses | ||||
| (a) Cash in Hand | a) Establishment expenses (corresponding to Sch. 18) | ||||
| (b) Bank Balance | b) Administrative Expenses (Corresponding to Schedule 19) | ||||
| (i) In current Accounts | |||||
| (ii) In Deposit Accounts | |||||
| (iii) Saving Accounts | |||||
| II. Grants Received | II. Payment made against funds for various projects (Name of the fund or project should be shown along with the particulars of payment made for each project) | ||||
| (a) From Government of India | |||||
| (b)From Other Sources (Details) (Grants for Capital and Revenue Expenditure to be shown separately) | |||||
| III. Income on Investment from | III. Investments and Deposits Made | ||||
| (a)Earmarked/Endowment funds | a) Out of Earmarked/Endowment funds | ||||
| (b) Own funds (Investment - others) | b) Out of own funds (Investment - others) | ||||
| IV. Interest Received | IV. Expenditure on Fixed Assets & Capital Work-in-Progress | ||||
| (i) On Bank Deposits | a) Purchase of fixed Assets | ||||
| (ii) Loans, advances etc. | b) Expenditure on Capital Work-in progress | ||||
| V. Other Income (Specify) | V. Refund of surplus money/loans | ||||
| a) To the Government of India | |||||
| b) To other providers of funds | |||||
| VI. Amount Borrowed | Vi. Finance Charges (Interest) | ||||
| VII. Any other receipts (give details) | VII. Other Payments (Specify) | ||||
| VIII. Closing Balances | |||||
| a) Cash in Hand | |||||
| b) Bank Balances | |||||
| (i) In current Accounts | |||||
| (ii) In Deposit Accounts | |||||
| (iii) Savings Accounts | |||||
| TOTAL | TOTAL |
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
Whole Time Member Chairperson Chairperson
(In charge of Finance Audit Committee, IBBI IBBI
And Accounts) IBBI
Place: Delhi
Date:
Form – A [see sub-rule (1) of rule 4]
Insolvency and Bankruptcy Board of India
Balance Sheet as at___________________________
(Amount in Rs.)
| FUND AND LIABILITIES | Schedule | Current Year | Previous Year |
| Fund | I | ||
| Reserves and Surplus | II | ||
| Earmarked/Endowment Funds | III | ||
| Secured Loans and Borrowings | IV | ||
| Unsecured Loans and Borrowings | V | ||
| Deferred Credit Liabilities | VI | ||
| Current Liabilities and Provisions | VII | ||
| TOTAL | |||
| ASSETS | |||
| Fixed Assets | VIII | ||
| Investments - From Earmarked/Endowment Funds | IX | ||
| Investments - Others | X | ||
| Current Assets, Loans and Advances | XI | ||
| Miscellaneous Expenditure (to the extent not written of or adjusted) | |||
| TOTAL | |||
| Significant Accounting Policies | XXII | ||
| Contingent Liabilities and Notes on Accounts | XXIII |
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
Whole Time Member Chairperson Chairperson
(In charge of Finance Audit Committee, IBBI IBBI
And Accounts) IBBI
Place: Delhi
Date:
Form B [see sub rule (1) of rule 4]
INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD/YEAR ENDED __
| INCOME | Schedule | Current Year | Previous Year |
|---|---|---|---|
| Grants/Subsidies | XII | ||
| Fees/Subscriptions | XIII | ||
| Income from Investments (Income on investment, from earmarked/endowment funds transferred to funds) | XIV | ||
| Income from Royalty, Publications etc. | XV | ||
| Interest Earned | XVI | ||
| Other Income | XVII | ||
| Total (A) | |||
| EXPENDITURE | Schedule | Current Year | Previous Year |
| Establishment Expenses | XVIII | ||
| Other Administrative Expenses etc. | XIX | ||
| Expenditure on Grants, subsidies etc. | XX | ||
| Interest | XXI | ||
| Depreciation (Net Total at the year end corresponding to Schedule VIII) | XXII | ||
| Total (B) | |||
| Balance being excess of Income over Expenditure (A-B) Transfer to Special Reserve (Specify each) Transfer to/from General Reserve | |||
| Balance Being Surplus (Deficit) Carried to Corpus/Capital Fund | |||
| Significant Accounting Policies | XXII | ||
| Contingent Liabilities and Notes on Accounts | XXIII |
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
Whole Time Member Chairperson Chairperson
(In charge of Finance Audit Committee, IBBI IBBI
And Accounts) IBBI
Place: Delhi
Date:
SCHEDULE – I [See sub-rule (1) of rule 4]
FUND
(Amount in Rs.)
| Current Year | Previous Year | |||
|---|---|---|---|---|
| Balance as at the beginning of the year | ||||
| Add: Contributions towards fund | ||||
| Add/(Deduct): Balance of net income/ (expenditure) transferred from the Income and Expenditure Account | ||||
| BALANCE AS AT THE YEAR –END | ||||
SCHEDULE – II [See sub-rule (1) of rule 4]
RESERVES AND SURPLUS
(Amount in Rs.)
| Current Year | Previous Year | |||
|---|---|---|---|---|
| 1.Capital Reserve As per last Account Addition during the year Less: Deductions during the year | ||||
| 2.Revaluation Reserve As per last Account Addition during the year Less: Deductions during the year | ||||
| 3.Special Reserves As per last Account Addition during the year Less: Deductions during the year | ||||
| 4.General Reserve As per last Account Addition during the year Less: Deductions during the year | ||||
| TOTAL | ||||
SCHEDULE – III [See sub-rule (1) of rule 4]
EARMARKED/ENDOWMENT FUNDS
| Fund Wise Break up | Totals | |||||
|---|---|---|---|---|---|---|
| Fund WW | Fund XX | Fund YY | Fund ZZ | Current Year | Previous Year | |
| (a) Opening balance of the funds | ||||||
| (b) Additions to the Funds: | ||||||
| (i) Donations/grants | ||||||
| (ii) Income from investments made on account of funds | ||||||
| (iii) Other additions (specify nature) | ||||||
| Total (a + b) | ||||||
| (c) Utilisation/ Expenditure towards objectives of funds | ||||||
| (i) Capital Expenditure | ||||||
| - Fixed Assets | ||||||
| - Others | ||||||
| Total | ||||||
| (ii) Revenue Expenditure | ||||||
| - Salaries, Wages and allowances etc. | ||||||
| - Rent | ||||||
| - Other Administrative Expenses | ||||||
| Total | ||||||
| Total (c ) | ||||||
| NET BALANCE AS AT THE YEAR END (a + b - c) | ||||||
1. Disclosures shall be made under relevant heads based on conditions attaching to the grants.
2. Plan Funds received from the Central Government are to be shown as separate Funds and not to be mixed up with any other funds.
SCHEDULE – IV [see sub-rule (1) of rule 4]
SECURED LOANS AND BORROWINGS
(Amount in Rs.)
| Current Year | Previous Year | |||
|---|---|---|---|---|
| 1. Central Government | ||||
| 2. Financial Institutions | ||||
| (a) Terms Loans | ||||
| (b) Interest accrued and due | ||||
| 3. Banks | ||||
| (a) Term Loans- Interest accrued and due | ||||
| (b) Other Loans (specify)- Interest accrued and due | ||||
| 4. Other Institutions and Agencies | ||||
| 5. Debentures and bonds | ||||
| 6. Others (Specify) | ||||
| TOTAL | ||||
SCHEDULE – IX INVESTMENTS FROM EARMARKED/ENDOWMENT FUNDS
| Current Year | Previous Year | |
|---|---|---|
| 1. In Government Securities | ||
| 2. Other approved Securities | ||
| 3. Shares | ||
| 4. Debentures and Bonds | ||
| 5. Subsidiaries and Joint Ventures | ||
| 6. Others (to be specified) | ||
| TOTAL |
SCHEDULE – V [see sub-rule (1) of rule 4]
UNSECURED LOANS AND BORROWINGS
(Amount in Rs.)
| Current Year | Previous Year | |||
|---|---|---|---|---|
| 1. Central Government | ||||
| 2. Financial Institutions | ||||
| 3. Banks | ||||
| (a) Term Loans | ||||
| (b) Other Loans (specify) | ||||
| 4. Other Institutions and Agencies | ||||
| 5. Debentures and bonds | ||||
| 6. Fixed Deposits | ||||
| 7. Others (Specify) | ||||
| TOTAL | ||||
| Note: Amounts due within one year | ||||
SCHEDULE – VI [see sub-rule (1) of rule 4]
DEFERRED CREDIT LIABILITIES
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| 1. Acceptances secured by hypothecation of capital equipment and other assets | ||
| 2. Others | ||
| TOTAL | ||
| Note: Amounts due within one year |
SCHEDULE – VII [see sub-rule (1) of rule 4]
CURRENT LIABILITIES AND PROVISIONS
| Current Year | Previous Year | |||
|---|---|---|---|---|
| A. CURRENT LIABILITIES | ||||
| 1. Acceptances | ||||
| 2. Sundry creditors:- | ||||
| (a). For Goods | ||||
| (b). Others | ||||
| 3. Advances Received | ||||
| 4. Interest accrued but not due on: | ||||
| (a) Secured Loans/borrowings | ||||
| (b) Unsecured Loans/borrowings | ||||
| 5. Statutory Liabilities: | ||||
| (a) Overdue | ||||
| (b) Others | ||||
| 6. Other Current Liabilities | ||||
| TOTAL (A) | ||||
| B. PROVISIONS | ||||
| 1. For Taxation | ||||
| 2. Gratuity | ||||
| 3. Superannuation/Pension | ||||
| 4. Accumulated Leave Encashment | ||||
| 5. Trade Warranties/Claims | ||||
| 6. Others (Specify) | ||||
| TOTAL (B) | ||||
| TOTAL (A +B) | ||||
Cost of assets on hire purchase basis included above
SCHEDULE – VIII FIXED ASSETS
| GROSS BLOCK | DEPRECIATION | NET BLOCK | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Description | Cost as at beginning of the year | Additions during the year | Deductions /Adjustments during the year | Cost at the year end | As at the beginning of the year | During the year | Deductions/adjustments during the year | Total upto the year end | As at the current year end | As at the previous year end |
| A. fixed assets | ||||||||||
| 1. Land | ||||||||||
| (a) Freehold | ||||||||||
| (b) Leasehold | ||||||||||
| 2. Buildings | ||||||||||
| (a) On Freehold Land | ||||||||||
| (b) On Leasehold Land | ||||||||||
| (c) Ownership Flat/ Premises | ||||||||||
| (d) Superstructures on Land not belonging to the entity | ||||||||||
| 3. Plant Machinery & Equipment | ||||||||||
| 4. Vehicles | ||||||||||
| 5. Furniture & Fixture | ||||||||||
| 6. Office Equipment | ||||||||||
| 7. Computers/Peripherals | ||||||||||
| 8. Electrical Installations | ||||||||||
| 9. Library Books | ||||||||||
| 10. Tube wells & Water Supply | ||||||||||
| 11. Other Fixed Assets | ||||||||||
| Total of Current year | ||||||||||
| Total of previous year | ||||||||||
| B. Capital work in progress | ||||||||||
| TOTAL | ||||||||||
Note: To be given as to cost of assets on hire purchase basis included above
SCHEDULE – X INVESTMENTS – OTHERS
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| 1. In Government Securities | ||
| 2. Other approved Securities | ||
| 3. Shares | ||
| 4. Debentures and Bonds | ||
| 5. Subsidiaries and Joint Ventures | ||
| 6. Others (to be specified) | ||
| TOTAL |
SCHEDULE – XI CURRENT ASSETS, LOANS, ADVANCES ETC.
(Amount in Rs.)
| Current Year | Previous Year | ||||
|---|---|---|---|---|---|
| CURRENT ASSETS, LOANS, ADVANCES ETC. | |||||
| A | Current Assets: | ||||
| 1. Debts: | |||||
| (a) Debts Outstanding for a period exceeding six months | |||||
| (b) Others | |||||
| 2. Cash balances in hand (including cheques/ drafts and imprest) | |||||
| 3. Bank Balances: | |||||
| (a) With Scheduled Banks: | |||||
| (b) With Non-Scheduled Banks: | |||||
| In current accounts | |||||
| In deposit accounts | |||||
| In savings accounts | |||||
| 4. Post Office - Savings Accounts | |||||
| TOTAL (A) | |||||
| B | LOANS, ADVANCES AND OTHER ASSETS | ||||
| 1. Loans to: | |||||
| (a) Staff | |||||
| (b) Other Entities engaged in activities/ objectives similar to that of the entity | |||||
| (c) Other (specify) | |||||
| 2. Advances and other amount recoverable in cash or | |||||
| in kind or for value to be received: | |||||
| (a) On capital account | |||||
| (b) Prepayments | |||||
| (c) Others | |||||
| 3. Income Accrued | |||||
| (a) On investments from Earmarked/ Endowment fund | |||||
| (b) On investment - others | |||||
| (c) On loans and advances | |||||
| d) Others (includes income due unrealized Rs. ..) | |||||
| 4. Claims Receivable | |||||
| TOTAL (B) | |||||
| TOTAL (A+ B) | |||||
SCHEDULE – XII GRANTS/SUBSIDIES
Irrevocable Grants & Subsidies Received
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| 1. Central Government | ||
| 2. Government Agencies | ||
| 3. Institutions/ Welfare Bodies | ||
| 4. International Organisations | ||
| 5. Others (Specify) | ||
| TOTAL |
SCHEDULE – XIII FEES / SUBSCRIPTIONS
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| 1. Entrance Fees | ||
| 2. Filing Fees | ||
| 3. Seminar/ Program Fees | ||
| 4. Consultancy Fees | ||
| 5. Others (Specify) | ||
| TOTAL | ||
| Note - Accounting Policies towards each item are to be disclosed | ||
SCHEDULE – XIV INCOME FROM INVESTMENTS
Income on Invest. From Earmarked/ Endowment Funds transferred to Funds
(Amount in Rs.)
| Investment from Earmarked Fund | Investment - Others | |||
|---|---|---|---|---|
| Current Year | Previous Year | Current Year | Previous Year | |
| 1. Interest | ||||
| a) On Government Securities | ||||
| b) Other Bonds/ Debentures | ||||
| 2. Dividends | ||||
| a) On Shares | ||||
| b) On Mutual Fund Securities | ||||
| 3. Rents | ||||
| 4. Others (Specify) | ||||
| TOTAL | ||||
SCHEDULE – XVII OTHER INCOME
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| 1. Profit on Sale/disposal of Assets | ||
| (a) Owned Assets | ||
| (b) Assets acquired out of grants, or received free of cost | ||
| 2. Fees for Miscellaneous Services | ||
| 3. Miscellaneous Income | ||
| TOTAL |
SCHEDULE – XXII SIGNIFICANT ACCOUNTING POLICIES (Illustrative)
1. ACCOUNTING CONVENTION
The financial statements are prepared on the basis of historical cost convention, unless otherwise stated and on the accrual method of accounting.
2. INVESTMENTS
2.1 Investments classified as “long term investments” are carried at cost. Provision for decline, other than temporary, is made in carrying cost of such investments.
2.2 Investments classified as “Current” are carried at lower of cost and fair value. Provision for shortfall on the value of such investments is made for each investment considered individually and not on a global basis.
2.3 Cost includes acquisition expenses like brokerage, transfer stamps.
3. FIXED ASSETS
3.1 Fixed Assets are stated at cost of acquisition inclusive of inward freight, duties and taxes and incidental and direct expenses related to acquisition. In respect of projects involving construction, related pre-operational expenses (including interest on loans for specific project prior to its completion), form part of the value of the assets capitalized.
3.2 Fixed Assets received by way of non-monetary grants, (other than towards the Corpus Fund), are capitalized at values stated, by corresponding credit to Capital Reserve.
4. DEPRECIATION
4.1 Depreciation is provided on straight-line method as per rates specified in the Income-tax Act, 1961 except depreciation on cost adjustments arising on account of conversion of foreign currency liabilities for acquisition of fixed assets, which is amortized over the residual life of the respective assets.
4.2 In respect of additions to/deductions from fixed assets during the year, depreciation is considered on prorata basis.
4.3 Assets consisting Rs. 5,000 or less each are fully provided.
5. MISCELLANEOUS EXPENDITURE
Deferred revenue expenditure is written off over a period of 5 years from the year it is incurred.
6. ACCOUNTING FOR SALES
Sales include excise duty and are net of sales returns, rebate and trade discount.
7. GOVERNMENT GRANTS/SUBSIDIES
7.1 Government grants of the nature of contribution towards capital cost of setting up projects are treated as Capital Reserve.
7.2 Grants in respect of specific fixed assets acquired are shown as a deduction from the cost of the related assets.
7.3 Government grants/subsidy are accounted on realization basis.
8. FOREIGN CURRENCY TRANSACTIONS
8.1 Transactions denominated in foreign currency are accounted at the exchange rate prevailing at the date of the transaction.
8.2 Current assets, foreign currency loans and current liabilities are converted at the exchange rate prevailing as at the year end and the resultant gain/loss is adjusted to cost of fixed assets, if the foreign currency liability related to fixed assets, and in other cases is considered to revenue.
9. LEASE
Lease rentals are expensed with reference to lease terms.
10. RETIREMENT BENEFITS
10.1 Liability towards gratuity payable on death/retirement of employees is accrued based on actuarial valuation.
10.2 Provision for accumulated leave encashment benefit to the employees is accrued and computed on the assumption that employees are entitled to receive the benefit as at each year end.
SCHEDULE – XXIII CONTINGENT LIABILITIES AND NOTES ON ACCOUNTS (Illustrative)
1. CONTINGENT LIABILITIES
1.1 Claims against the Entity not acknowledged as debts – Rs.______________
(Previous year Rs.___________)
1.2 In respect of:
Bank guarantees given by/on behalf of the Entity -Rs.__________(Previous year Rs._____________).
Letters of Credit opened by Bank on behalf of the Entity -Rs.________(Previous year Rs._________).
Bills discounted with banks Rs.________(Previous year Rs.________).
1.3 Disputed demands in respect of:
Income-tax Rs. ______________(Previous Year Rs. _________)
G.S.T. Rs. _______________(Previous Year Rs.__________)
Municipal Taxes Rs. _____________(Previous Year Rs.___________)
1.4 In respect of claims from parties for non-execution of orders, but contested by the Entity -Rs.________(Previous year Rs._________).
2. CAPITAL COMMITMENTS
Estimated value of contracts remaining to be executed on capital account and not provided for (net of advances) Rs.
(Previous year Rs._________).
3. LEASE OBLIGATIONS
Future obligations for rentals under finance lease arrangements for plant and machinery amount to Rs._________(Previous year Rs._________).
4. CURRENT ASSETS, LOANS AND ADVANCES
In the opinion of the Management, the current assets, loans and advances have a value on realization in the ordinary course of business, equal at least to the aggregate amount shown in the Balance Sheet.
5. TAXATION
In view of there being no taxable income under Income-tax Act 1961, no provision for Income tax has been considered necessary.
6. FOREIGN CURRENCY TRANSACTIONS
6.1 Value of Imports calculated on C.I.F Basis:
– Purchase of finished Goods
– Raw Materials & Components (Including in transit)
– Capital Goods
– Stores, Spares and Consumables
6.2 Expenditure in foreign currency:
– Travel
– Remittances and Interest payment to Financial Institutions/ Banks in Foreign Currency
– Other Expenditure:
• Commission on Sales
• Legal and Professional Expenses
• Miscellaneous Expenses
6.3 Earnings:
6.4 Remuneration to auditors:
As auditors:
• Taxation matters
• For management services
• For certification
• Others
7. Corresponding figures for the previous year have to be regrouped/ rearranged, wherever necessary.
8. Schedules I to XXXIII are annexed to and form an integral part of the Balance Sheet as at ___________ and the Income and Expenditure Account for the year ended on that date.
SCHEDULE XIX OTHER ADNIMISTRATIVE EXPENSES
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| (a) Purchases | ||
| (b) Labour and processing expenses | ||
| (c) Cartage and Carriage Inwards | ||
| (d) Electricity and power | ||
| (e) Water charges | ||
| (f) Insurance | ||
| (g) Repairs and Maintenance | ||
| (h) Rent, Rates and Taxes | ||
| (i) Vehicles Running, Maintenance or Hiring charges | ||
| (j) Postage, Telephone and Communication charges | ||
| (k) Printing and Stationery | ||
| (l) Travelling and Conveyance Expenses | ||
| (m) Expenses on Seminar/ Workshops | ||
| (n) Subscription Expenses | ||
| (o) Expenses of fee | ||
| (p) Auditors Remuneration/ Legal fee | ||
| (q) Hospitality Expenses | ||
| (r) Professional Charges | ||
| (s) Provision for Bad and Doubtful Debts/ Advances | ||
| (t) Irrecoverable Balances written -off | ||
| (u) Packing Charges | ||
| (v) Freight and Forwarding Expenses | ||
| (w) Distribution Expenses | ||
| (x) Advertisement and Publicity | ||
| (y) Others (to be specified) | ||
| TOTAL |
SCHEDULE XV INCOME FROM ROYALTY, PUBLICATION ETC.
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| 1. Income from Royalty | ||
| 2. Income from Publications | ||
| 3. Others (Specify) | ||
| TOTAL |
SCHEDULE XVI INTEREST EARNED
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| 1. On Term Deposits | ||
| (a) With Scheduled Banks | ||
| (b) With Non - Scheduled Banks | ||
| (c) With Institutions | ||
| (d) Others | ||
| 2. On Savings Accounts | ||
| (a) With Scheduled Banks | ||
| (b) With Non - Scheduled Banks | ||
| (c) Post Office Savings Accounts | ||
| (d) Others | ||
| 3. On Loans | ||
| (a) Employees/Staff | ||
| (b) Others | ||
| 4. Interest on Debtors and Other Receivables | ||
| TOTAL | ||
| Note - Tax deducted at source to be indicated | ||
SCHEDULE XVIII ESTABLISHMENT EXPENSES
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| (a) Salaries and Wages | ||
| (b) Allowances and Bonus | ||
| (c) Contribution to Provident Fund | ||
| (d) Contribution to Other Fund (specify) | ||
| (e) Staff Welfare Expenses | ||
| (f) Expenses on Employees' Retirement and Terminal Benefits | ||
| (g) Others (Specify) | ||
| TOTAL |
SCHEDULE XX EXPENDITURE ON GRANTS, SUBSIDIES ETC.
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| (a) Grants given to Institutions/ Organisations | ||
| (b) Subsidies given to Institutions/ Organisations | ||
| TOTAL |
Note: Name of the Entities, their Activities along with the amount of Grants/ subsidies are to be disclosed.
SCHEDULE XXI INTEREST
(Amount in Rs.)
| Current Year | Previous Year | |
|---|---|---|
| (a) On Fixed Loans | ||
| (b) On Other Loans (including Bank Charges) | ||
| (c) Others (specify) | ||
| TOTAL |