A.Y.

2025-2026
Name : A J Knits Previous Year : 2024-2025
PAN : ACDFA 2956 J
Address : 2/592-A
NALAYUTHU THOTTAM Date of Formation : 10-Sep-2023
VEERAPANDI, TIRUPUR Status : Partnership Firm
Tiruppur, TIRUPUR - 641 605

Statement of Income
Rs. Rs. Rs.
 Profits and gains of Business or Profession
Business-1
Net Profit Before Tax as per P & L a/c 2,344,077
Add: Inadmissible expenses & Income not included
Depreciation debited to P & L a/c 120,000
Interest and Remuneration to partners debited to P&L 1 360,000 480,000
2,824,077
Less: Deductible expenditure & income to be excluded
Incomes considered separately 2 19,700
Adjusted Profit of Business-1 2,804,377
Total income of Business and Profession 2,804,377
Less: Depreciation as per IT Act 6 1,055,412
Book profit 1,748,965
Less: Remuneration and Interest to partners 3 360,000

Income chargeable under the head "Business and Profession" 1,388,965

 Income from other sources

Interest income 4 19,700
Total 1,408,665
Less - Brought forward losses set off 7 557,974
 Total Income 850,691
Total income rounded off u/s 288A 850,690
Tax on total income 255,207
Add: Cess 10,208
Tax with cess 265,415
TDS / TCS 5 557,159
Balance Tax -291,744
Fee u/s 234F 5,000
 Refund Due 286,740

Schedule 1

Interest and Remuneration to partners debited to P & L a/c

Description Amount
 Interest to Partners 240,000
Remuneration to Partners 120,000
Total 360,000

Schedule 2
Amount
Income considered under other heads
Interest received 19,700
Grand total 19,700

Schedule 3
Remuneration and Interest to partners
Name of the partner Interest Remuneration
deductible deductible
JAYALALITHA - Fixed Rs. 120000 120,000 120,000
ARUNACHALAM 120,000

Total 240,000 120,000

Deductible Remuneration and Interest 360,000

Calculation of allowable remuneration

Book profit before Adjustments 1,748,965
Less:Interest allowable 240,000
Book profit 1,508,965
Allowable remuneration u/s 40(b) 1,085,379

Schedule 4
Interest income
Name of the Bank Interest
Interest on Time Deposits
Kvb 19,700

Schedule 5
TDS as per Form 16A
Deductor, TAN & Section TDS TDS claimed Gross receipt

deducted in current year offered

Anusam Apparels, TAN- CMBA03912G, Section- 194C 329 329 16,454

Atcherra Impex, TAN- CMBA06089G, Section- 194C 1,856 1,856 92,814
Bank Of Baroda, TAN- MUMB22080C, Section- 194A 0
Bank Of Baroda, TAN- MUMB22080C, Section- 194N first
88,524 88,524
proviso
Birli Knitters, TAN- CMBB03218F, Section- 194C 36,949 36,949 1,847,405
Birli Spinning Mill Private Limited, TAN- CMBB05003F, Section-
562 562 28,118
194C
Boopathi Subramaniam, TAN- CMBB04084D, Section- 194C 320 320 16,020
Color Point Textile Process, TAN- CMBC04490D, Section- 194C 883 883 44,125

Deekay Knit Wear, TAN- CMBD03123B, Section- 194C 8,068 8,068 403,418
Dollar Exports, TAN- CMBD03831C, Section- 194C 180 180 9,022
Eastman Exports Global Clothing Private Limited, TAN-
61,547 61,547 3,077,302
CMBC03790D, Section- 194C
Eswaran Arunkumar, TAN- CMBE05824A, Section- 194C 16,399 16,399 819,929
Friends Colours, TAN- CMBF03163G, Section- 194C 11,202 11,202 560,111
[Link] Factory, TAN- CMBG08276C, Section- 194C 14,549 14,549 727,445
Gouse Moideen Famidha Beghum, TAN- CMBG05609C,
10 10 475
Section- 194C
Grass Green Clothhing, TAN- CMBG05151G, Section- 194C 7,267 7,267 363,343
Harvey Export, TAN- CMBH03674G, Section- 194C 3,868 3,868 193,375
Jagadheswaran Sivaprakasam, TAN- CMBJ04177F, Section-
3,459 3,459 172,962
194C
Jb Rotary Printing, TAN- CMBJ05319G, Section- 194C 416 416 20,820
K G Garments, TAN- CMBK05995D, Section- 194C 37 37 1,872
Karunanithi Ashwath Adhithyaa, TAN- CMBK07735A, Section-
2,010 2,010 100,489
194C
Kesavaraj Singaravelan, TAN- CMBK06034A, Section- 194C 18,338 18,338 916,850
Kulali Exports, TAN- CMBK03573D, Section- 194C 2,882 2,882 144,086
Kunnath Asha, TAN- CMBK04864G, Section- 194C 8,791 8,791 439,514
Logo Knitwear, TAN- CMBL04722E, Section- 194C 4,821 4,821 241,050
M/S Fibragarments, TAN- CMBM08073C, Section- 194C 19,197 19,197 959,818
Magnum Clothing, TAN- CMBM07638B, Section- 194C 2,624 2,624 131,245
Mohankumar Natarajan, TAN- CMBM10608D, Section- 194C 2,934 2,934 146,729
Mpm Fashion Private Limited, TAN- CMBM08545F, Section-
1,315 1,315 65,767
194C
Mpm Textiles Private Limited, TAN- CMBM04947F, Section-
4,063 4,063 203,150
194C
N R Exports, TAN- CMBN04111C, Section- 194C 31 31 1,570

Palanisamy Kandasamy, TAN- CMBP05581C, Section- 194C 19,718 19,718 985,906

R P Muthukumar, TAN- CMBR04842F, Section- 194C 3,784 3,784 189,211

R R K Cotton"S India Private Limited, TAN- CMBR08516E,
96,979 96,979 4,849,315
Section- 194C
Ramesh N, TAN- CMBR03629D, Section- 194C 9,124 9,124 456,182
Rythum Knit Creations, TAN- CMBR06076A, Section- 194C 6,826 6,826 341,239
S Dhandapani, TAN- CMBS16702A, Section- 194C 2,819 2,819 140,927
S.R. Balasubramani, TAN- CMBS11720C, Section- 194C 684 684 34,177
Sakthi Knit Fabb, TAN- CMBS11777D, Section- 194C 3,690 3,690 184,492

Shark Clothing Company, TAN- CMBS14162B, Section- 194C 4,288 4,288 214,424

Shark Knit Fashion, TAN- CMBS17474C, Section- 194C 15,218 15,218 760,974
Shri Pranav Textile Creations Private Limited, TAN-
3 3 150
CHES58425D, Section- 194C
Siddharth Apparels, TAN- CMBS07275C, Section- 194C 7,623 7,623 381,190
Sivi Knit Fashions, TAN- CMBS18061B, Section- 194C 1,158 1,158 57,874
Sree Anjaneya Exports, TAN- CMBS07523F, Section- 194C 4,365 4,365 218,248
Sri Amutham Apparel, TAN- CMBS17420E, Section- 194C 24,107 24,107 1,205,357
 Sri Chendhooran Mills, TAN- CMBS22867F, Section- 194C 12 12 580

Sri Chenniaandavar Textiles, TAN- CMBS20798B, Section- 194C 816 816 40,837

Sri Karpagam Dyeings, TAN- CMBS03974F, Section- 194C 2,000 2,000 99,970
Sri Velavan Garments, TAN- CMBS10124C, Section- 194C 1,595 1,595 79,732
Sri Vinayaka Garments, TAN- CMBS07999F, Section- 194C 11,318 11,318 565,890
Srinivasan Ramasamy, TAN- CMBS19649A, Section- 194C 5,665 5,665 283,250

Subramanian Mahalaxmi, TAN- CMBS18165A, Section- 194C 755 755 37,760

Sukumar S, TAN- CMBS10477F, Section- 194C 5,196 5,196 259,772

Sulochana Cotton Spinning Mills Private Limited, TAN-
1,424 1,424 71,192
CMBS05326G, Section- 194C
Sushruth Twister Clothing, TAN- CMBS26456D, Section- 194C 95 95 4,735

Venkatachala Sundarappan, TAN- CMBV08009B, Section- 194C 2,257 2,257 112,815

Vewin Exims, TAN- CMBV07732E, Section- 194C 834 834 41,691

Vinayag Clothing Company, TAN- CMBV04311G, Section- 194C 1,150 1,150 57,492

Zeal Creations, TAN- CMBZ03077E, Section- 194C 225 225 11,236

Total 557,159 557,159 23,431,896

Bank A/cs
Bank Accounts in India
Type of
Bank Name and Account No. IFS Code For refund?
Account
BARB0COTTO
BANK OF BARODA - 18930200002686 Current Yes
N

For A J Knits
Date : 25-Dec-2025
Place : TIRUPUR
Authorised Signatory
Name: A J Knits A. Y. 2025-2026

Schedule 6
Depreciation as per Income Tax Act

Additions Additions
WDV as (put to use) (put to use) WDV as
on 01-Apr- up to 03- after 03- Depreciatio on 31-Mar-
Block Rate 2024 Oct-2024 Oct-2024 Deletions Total n 2025

5. Plant/ Machinery 15%: not

covered in other blocks, cars... 15% 6,932,609 6,932,609 1,039,891 5,892,718
7. Plant/ Machinery 40%:
computer, energy saving
devices… 40% 38,802 38,802 15,521 23,281
Total 6,971,411 6,971,411 1,055,412 5,915,999

Schedule 7
Brought forward losses set off
Brought forward losses 1 2 3 4 5 6 7 8 >8 Total loss
[Link] --> 2024-25 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18 B/F
Date on which return filed 30-Dec-24
Depreciation 557,974 557,974
Unabsorbe
Losses set off and C/F House Speculative Specified Ordinary LTCG STCG Other Total loss d
B/F loss -
Property business business business sources set off C/F
Depreciation 557,974 557,974
Total 557,974 557,974
[ A J KNITS ]