CA NO.65, Gurikar Devanna Street - MIT – Mysore

GN.ANANTHAVARDHANA, FCA

CA NO.65, Gurikar Devanna Street,

1 Cross, Fort Mohalla, Mysuru 570004

Gmail: [email protected]: 9449264920

Chartered Accountant Membership No.025113 PAN ACIPA b206 B GSTIN: 29ACJPA6206B124

INDEPENDENT AUDITOR'S REPORT

The Principal Maharaja Institute of Technology, MysoreBehind .R. Mills, Belavadi, Srirangapatna, Mandya- 571 438

Opinion have audited the financial statements of Maharaja Institute of Technology, Mysore (MITM in short), which comprise the Balance Sheet as at March 31, 2020, and the Income and Expenditure Account for

the vear then ended, and notes to the financial statements, including a summary of significant accounting policies, and other explanatory information annexed thereto. In my opinion and to the best of my information and according to the explanations given to me, the accompanying financial statements of the entity read with the Schedules and notes thereto are prepared, in all material respects, in accordance with the Income Tax Act, 1961 and give a True and Fair

view of the State of Affairs of the entity as at 31" March 2020 and its deficit for the year ended on that date

Basis for Opinion Iconducted my audit in accordance with Standards on Auditing (SAs) issued by the Institute of Chartered Accountants of India (ICAI). My responsibilities under those Standards are further described in

am the Auditor's Responsibilities for the Audit of the Financial Statements section of my report. independent of the entity in accordance with the ethical requirements (Code of ethics issued by the ICAIthat are relevant to my audit of the financial statements, and I have fulfilled my other responsibilities in accordance with these requirements {code of ethics). I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion on the financial statements.

Responsibilities of Management and Those Charged with Governance for the Financial Statements: 3.

a) The Governing Body of the Management is responsible for the preparation of the financial statements that give a true and fair view in accordance with the IT Act and generally accepted accounting principles and to provide for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material

misstatement, whether due to fraud or error. b) In preparing the financial statements, management is responsible for assessing the entity's ability to

continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the entity or to cease operations, or has no realistic alternative but to do so.

c)Those charged with governance are responsible for overseeing the entity's financial reporting process.

4. Auditor's Responsibilities for the Audit of the Financial Statements a) My objectives are to obtaln reasonable assurance about whether the financial statements as a

whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.

b) Reasonable assurance is a high level of assurance, but is not a guarantee that an audit

conducted in accordance with SAs issued by the ICAI, will always detect a material misstatement when it exists.

c)Misstatements can arlse from fraud or error and are consldered material if, individually or in

the aggregate, they could reasonabiy be expected to influence the economic decisions of users

taken on the basis of these financial statements. MANTA

( ekE

Chariere AVARO

Ounta

A NO.65, Gurikar Devanna Street,

1st Cross, Fort Mohalla, Mysuru - 570004

Gmail: [email protected] Mobile: 9449264920

NANTHAVARDHANA, FCA

Yered Accountant nbership No.025113

N: ACJPA 6206 B

STIN: 29ACJPA6206B1Z4

As part of an audit in accordance with SAs, I exercise professional judgment and maintain professional 5.

skepticism throughout the audit. I also:

a)ldentify and assess the risks of material misstatement of the financial statements, whether due to

fraud or error, design and perform audit procedures responsive to those risks, and obtain audit

evidence that is sufficient and appropriate to provide a basis for my opinion. The risk of not

detecting a material misstatement resulting from fraud is higher than for one resulting from error,

as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of

internal control. b)Obtain an understanding of internal controls relevant to the audit in order to design audit

procedures that are appropriate in the circumstances, but not for the purpose of expressing an

opinion on the effectiveness of the entity's internal controls. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting

estimates and related disclosures made by the management Conclude on the appropriateness of entity's use of the going concern basis of accounting and, based

on the audit evidence obtained, whether a material uncertainty exists related to events or

conditions that may cast significant doubt on the institution's ability to continue as a going concen fI conclude that a material uncertainty exists, I am required to draw attention in my auditor's

report to the related disclosures in the financial statements, or if such disclosures are inadequate to

modify my opinion. My conclusions are based on the audit evidence obtained up to the date of my

auditor's report. However, future events or conditions may cause the entity to cease to continue as

a going concern.

communicate with those charged with governance regarding, among other matters, the planned scope 5. and timing of the audit and significant audit findings, including any significant deficiencies in internal

control that I have identified during my audit.

7. also provide those charged with governance with a statement that I have complied with relevant

ethical requirements regarding independence, and to communicate with them all relationships and

other matters that may reasonably be thought to bear on my independence, and where applicable,

related safeguards.

Place: Mysuru G.N.ANANTHAVARDHANA

Date: 15-01-2021 Chartered Accountant G.N. ANANT'A

Chartered

-

UDIN

13 mbers

ross #65, Guihd

Fot ohal

MAHARAJA INSTITUTE OF TECHNOLOGY MYSURU (MITM) MANAGED BY: Maharaja Education Trust (R)

Behind K.R.Mills, Belavadi, Srirangapatna, Mandya- 571 438 SCHEDULES TO ACCOUNT: 2019-20

5. NOTES TO ACCOUNT: 2019-20

5.1 ABOUT THE INSTITUTION: Maharaja Institute of Technology, Mysore (MITM in short) is promoted by

Maharaja Education Trust(R) (the Trust(R) or MET in short) offering Technical & Management courses. MITM is affiliated to Vishveswaraiah Technological University (VTU) and also recognized by the All India

Council for Technical Education (AICTE). Currently, more than 2,800 students are studying in B.E, MCA,

MBA &M.Tech courses.

5.2 REGISTRATION PARTICULARS: Profession Tax Registration No. Provident Fund Registration No. ESI Registration No.

3800677 dtd 17.12.2007 KN/MYS/00036822/000 dtd 01.09.2007 73000311990001303 dtd 12.01.2012

TAN BLRM 12688 E

5.3 ACCOUNTING POLICIES: a) The Books of Account have been maintained under Mercantile System of Accounting

b) Recognition of Fee Income: All receipts due for the current year from the students are accounted on

accrual basis. Application fee, examination fee & fees received for short recoveries of the earlier

years are accounted on receipt basis. Tuition fee receivable from Social Welfare Department is

recognized at the time of. applying for scholarships and amount receivable from BCM project is

accounted on receipt basis.

c)MITM has maintained its books of account in Tally ERP9 accounting software with student info

special pack. It has raised both manual and tally generated receipts towards fees and other

collections. The manual receipts are entered in Tally at the end of the day.

d) The numbering system for computerized receipts/payments is automated in Tally ERP9. This

numbering is prone to changes after the bill is generated & documented as the Tally ERP9 renumbers

whenever there is cancellation of the incorrect entries or rectification of postdated receipts etc.

Hence, there can be discrepancy in numbering of some of the entries when printouts were taken on

subsequent days of changing the entries. Further, as the receipts are entered/ recognized as and

when they are reconciled with actual fee collection, some discrepancy can be noticed between the

date of issuing receipts & date of their recording in the books of account.

e) The fee structure for the year is fixed by COMED-K & CET CELL for students admitted through

different entrance examinations & for the remaining students (Management quota) fee is fixed by

the Management. However, the President, Secretary, Joint Secretary and Principal are authorized to

identify the deserving students and give fee concession. For instance, students who have opted to

pay the entire fee for all 4 years at the time of admission itself are given fee concession. Similarly,

students from Gopalaswamy Shishuvihara Independent PU College, getting admission to engineering

courses are also given 10% fee concession. Hence, the fee structure is not same for all the students in

the same course. As per the policy, standardized fee is recognized as income and whatever

concession given is treated as education/ charitable.expenses.

fTransportation/Registration/University Fee account pertains to Bus fare collected from the students

for the year, College Fee, Registration Fee etc. as prescribed by the Management.

Fixed Assets are stated at Historical Cost less accumulated depreciation thereon. Depreciation has

been provided for the fixed assets purchased and put to use during the year also, at the rates

adopted by the Management to write off the assets over the life of the assets. The rates are lesser

than or equal to the rates prescribed under the Income Tax Rules, 1962.

h) All expenses of MITM are either supported by regular bills or internal documents. In order to have

proper control over the fixed assets acquired and its workings, all the original bills, guarantee cards,

after sales service particulars are held with the department concerned where the assets are used.

JARDHA THAVA

MYSORE

cod ar Co

MAHARAJA INSTITUTE OF TECHNOLOGY MYSURU (MITM) MANAGED BY: Maharaja Education Trust (R)

Behind K.R.Mills, Belavadi, Srirangapatna, Mandya 571 438

SCHEDULES TO ACCOUNT: 2019-20o

5.4 ASSETS AND LIABILITIES:

a) Research & Project Grants: It is the policy of MITM to treat all the R & D grants as liability. Any funds

spent in excess of grant received are to be treated as expenses. Utilization certificates are submitted

to the granting authorities concerned as per the requirements stipulated in the grant orders.

Fee Receivable from KEA: The students (1" Year) who get admitted to engineering courses through

CET conducted by Karnataka Examination Authority (KEA) pay the tuition fee to KEA. The KEA, after

allocation of the seats by the VTU, transfers the aforesaid amounts in four instalments to MITM.

MITM has control over such fee receivable from KEA.

c)Fee Receivable from Social Welfare Department: The eligible students belonging to Sc/ST categories

are not required to pay the tuition fee as per the guidelines from KEA. Such students are mandated

to apply for scholarship from Social Welfare Department (Engineering, MBA, MCA and M Tech), Govt.

of Karnataka to compensate the tuition fee to the College. Tuition Fee of those students are shown

as fee receivable from Social Welfare Department.

d TU Examination Fee payable: The balance in VTU examination fee payable a/c includes Examination

Fee payable to VTU for the examination conducted in the earlier years. Since there is no specific

direction from VTU regarding the payment of the balance amount till date. The Management has

decided to hold the amount and pay it once it received the payment directions from VTU.

e) Sundry Creditors are paid in advance before the submission of the bill. Once the bill submitted,

corresponding entry will be recorded. Due to this, balance of Sundry Creditors as on

31-03-2020 is showing debit balance of Rs.30, 42,532.

f)Deposits are made with CESCOM, KSRTc, Telephone Deposit and Gas Deposit. These deposits will be

refunded once the institution detains from obtaining service from the above mentioned service

providers.

5.5 INCOME AND EXPENDITURE:

a) In order to provide facilities such as canteen, stationery to the students, MITM has given out a

portion of its premises for different unrelated persons at concessional rate. Even though the shops

change frequently, College is collecting cleaning and maintenance charges from these shops and

have been accounted on due basis.

b) Bus Hire charges: include payments made to KSRTC and Sri Panchalingeshwara Motor Services

(SPMS). As KSRTC bus hire charges were increasing and found unreasonably higher, MITM decided to

utilize the services of private bus service provider-the said SPMS at an average of Rs.37/km (inclusive

of all the repairs and maintenance, driver bata, fuel charges and other expenses). In this connection,

MITM had given a total loan of Rs.87.05 Lakhs including previous loan (2015-16 & 2016-17) as on

01.04.2017 for the purchase of buses in the name of MITM with the condition that the buses so

purchased would be transferred to SPMS after the closing of the above loans. The Loan outstanding

as on 31.03.2020 is Rs.25,48,924. Until then, monthly hire charges are paid to SPMS by MITM after

deducting principal of aforesaid loan and interest thereon (calculated as per the EMI calculator

software). For the safety and security of the money lent, these buses are registered in the name of

MITM. Its possession, maintenance, risk and responsibility vest with SPMS as per agreement.

Therefore, these buses are not brought into the accounts of MITM. Due to this arrangement, MITM is

able to save about 30% in hire charges.

c)Expenses incurred towards purchase of materials, chemicals and lab items for Chemistry, Civil,

Computer, E&C, Information Science, Mathematics, MBA, MCA, Mechanical and Physics lab are

shown under the head Academic expenses in their respective department.

d) Telephone charges pertain to landline and mobile phone charges. Mobile sim cards are provided to

members with fixed minimum charges. Charges in excess of fixed minimum charges would be

recovered from salary to staf.

e) Remuneration of teaching staff and non-teaching staffs include salary and arrears paid to the staff.

The fee collections, stipend paid to the research scholars and all other expenses related to MRF are

accounted in the books of MITM itself.

ANAN sORE

Library Expenses include journal subscription renewal charges, magazine subscriptions and VTU

Eonsprtíum annual membership fee.

ered Ac

cCountan JChar

MAHARAJA INSTITUTE OF TECHNOLOGY - MYSURU (MITM) MANAGED BY: Maharaja Education Trust (R) Behind K.R.Mills, Belavadi, Srirangapatna, Mandya - 571 438

SCHEDULES TO ACCOUNT: 2019-20

g) Transportation charges include travel charges paid to guest faculty, bus hire charges (KSRTC) and petrol and diesel charges of vehicles of MITM.

h) In case of Necessities, funds are transferred from/to MET which are treated as internal contributions.

As they are purely internal in nature, it gets squared off on consolidation of accounts.

Other Income pertains to the cleaning and maintenance charges collected, Interest on vehicle loan, staff loan interest etc.

5.6 BOOKS OF ACCOUNT MAINTAINED:

a) Cash Book, General Ledger maintained in Tally ERP9.

b) Computer generated receipts and manual receipts c)Expense vouchers d) Bank Passbooks.

As per my report For MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE Even date attached

Dr.MURAU President

Dr.NAREASA B.G Principal

.N.ANANTHAVARDHANA Dr.T.VASUDEV Chartered Accountant SecretaryY Date: 15-01-2021

G.N. ANANTHAVARDHANA Chartered Accountants Membership No. 025113

# 65, Gurikar Devanna St., I Cross Fort Mohalia, MYSORE-570 004

Accountant

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE (MITM) Managed By: MAHARAJA EDUCATION TRUST (R)

Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438

RECEIPTS AND PAYMENTS ACCOUNT for the year ending 31st March 2020 RECEIPTS Sch Rs. Rs.

OPENING BALANCES:

Cash and Bank Balances 72,648,622

ACADEMIC RECEIPTS 303,344,140

INTEREST INCOME 3,101,102

OTHER INCOME (Note: 5.5()1 861,056

CAPITAL/GRANT RECEIPTS: Research and Project Grants received [Note: 5.4(a)] 2,704,874

Sale of Fixed Assets 3 164,555 2,869,429

OTHER RECEIPTS:

Sundry Debtors -fees collection 413,343,803 121,442,572 Salary Payable & Salary Deductions-contra

Sundry Creditors for expenses- contra Other Liabilities - Exam Fee, Canteen & other deposits- contra

Loans, Salaries and Other Advances- recovered

88,544,298 13,950,900

6,137,752

Other Current Assets- TDS and other advances - received 5,576,609

649,722,212 1,032,546,561

Duties and Taxes - TDS contra 726,277

TOTAL PAYMENTSS

ACADEMIC NSE S:

13,712,490 Academic Expenses

Employee Cost Transportation Expenses - Students, Staff & Others [Note: 5.5(8)]

Administrative & General Expenses

122,416,770 27,753,655 7,129,598 2,044,516 Public Charitable Expenses- Fee Concession

Repairs&Maintenance Financial Cost- Bank Charges

9,523,862

62,478 182,643,369

INTERNAL CONTRIBUTION (MET) 154,004,451

CAPITAL PAYMENTS:

Research and Project Grants- utilized 2,676,507 Purchase of Fixed Assets 8,202,730 10,879,237

OTHER PAYMENTS:

Sundry Debtors contra

Salary Payable & Salary Deductions-remitted

Sundry Creditors for expenses paid Other Liabilities - Exam Fee, Canteen & other deposits, etc- paid

419,968,338 121,775,806 89,614,106 10,624,912

Loans, Salaries and Other Advances - given 2,887,113 Other Current Assets- TDS and other advances paid 4,830,435 Duties and Taxes - TDS remitted 752,656 Fixed Deposit Accrued Interest 147,145 Deposits- made with KSRTC 370,732 650,971,244

CLOSING BALANCES:

Cash and Bank Balances 1

TOTAL For MAHARAJA INSTITUTE OF TE¢HNOLOGY, MYSORE

34,048,261 1,032,S46,561

As per my report of

even date attached

OOKOLA DMURALI Prident

S.N.ANANTHAVARDHANA Dr.T.VASUDEV SHIVARAJ N Chartered accountant Prindpal Secretary Accountant Date: 15-01-2021

G.N. ANANTHAVARDHANA

Chartered Accountants

Membership No. 025113

# 65, Gurikar Devanna St., I Cross

Fort Mohaila, MYSCr.E-70 004

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE (MITM) Managed By: MAHARAJA EDUCATION TRUST (R)


INCOME AND EXPENDITURE ACcOUNT for the year ending 31st March 2020

EXPENDITURE RS. Sch RS.

ACADEMIC EXPENSES: 13,712,490

Academic Expenses 122,416,770

Employee Cost

Transportation Expenses Students, Staff & Others

Administrative & General ExpenseS

27,753,655 7,129,598

2,044,516 Public Charitable Expenses Fee Concession

9,523,862 Repairs& Maintenance

62,478 182,643,369

Financial Cost 154,004,451

10,141,373 346,789,193

Internal Contribution (MET) 3

Depreciation TOTAL

INCOME 303,344,140

3,101,102 Academic Receipts

861,056 307,306,298 Interest Income

39,482,894 346,789,193

Other Income

Excess of Expenditure over Income

TOTAL

BALANCE SHEET as on 31st March 2020 Rs. Sch Rs.

124,588,104 LIABILITIES GENERAL RESERVE: Opening Balance

39,482,894 85,105,210

Less: Excess of Expenditure over Income

SPECIFIC/GOVT. GRANTS:

Research Project Grants & other 8ovt. grants 227,410

[Note:5.4(a) 2,704,874 Add: Grant received

2,676,507 255,777 Less: Grant Utilized

CURRENT LIABILITIES: 5,308,149 Salary Payable & Deductions

Other Liabilities Exam Fee, Canteen & other deposits, etc

Advance Paid to Sundry Creditors for expenses

Duties and Taxes- TDS payable

8,892,778 (3,042,532) [Note: 5.4(e)]

11,205,040 96,566,027

46,645 TOTAL

ASSETS FIXED ASSETS: 140,024,841

Gross Block at Cost 93,372,696 46,652,145

Less: Depreciation Block

2,840,554 INVESTMENTS: TD-KMB-7411849327

CURRENT ASSETS: 3,125,368

Sundry Debtors Fees due from students 4,522,003 [Note: 5.4(6)]

Sundry Deposits Loans, Salaries and Other Advances

5,499,650

(121,953) Other Current Assets TDS and other advances

47,073,328 96,566,027

1 34,048,261 Cash & Bank Balances

TOTAL For MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE

As per my report of

even date attached

. SHIVARAJN Dr.NARESAUMAR B.G

Prifcipal Dr.T.VASUDEV

Dr.S.MURALI PresideNt

G.N.ANANTHAVARDHANA

Secretary Accountant Chartered accountant

Date: 15-01-2021



Memership No. 025113

# 65, Gurikar Gevonna St., I Cross

Fc hall, 70 004

MAHARAJA INSTITUTE OF TECHNOLOGY, MYsORE (MITM Managed By: MAHARAJA EDUCATION TRUST (R Behind K.R Mills, Belavadi, Srirangapatna, Mandya571 438

DULES TO ACCOUNT: 2019-20 in Rs.) H AND BANK BALANCES:

Particulars As on 31.3.19 As on 31.3.20 Cash in Hand 9.652 S6.455 Cash at Bank

sBI CA NO 3022 958 2145, Commerciai Branch, Mysore sBI CA NO 3022 959 3112, Commercial Branch, Mysore sBI CA NO.3081 563 9108. Commercial Branch, Mysore Kotak Mahindra Bank - 321 1437 313, Kiuvempunagar Br, Mysore

Kotak Mahindra Bank 321 1343 522. Kuvempunagar Br. Mysore

Kotak Mahindra Bank 321 1343 539, Kvempunagar Br Mysore Kotak Mahindra Bank 321 1343 546, Kuvempunagar Br Mysore

Kotak Mahindra Banik 321 1312 634, Kvempunagar Br, Mysore

Kaveri Grameena Bank S8 A/c No 12130 1000 04777. T

KLayout 8r. Mysore

Kaveri Grameena Bank S8 A/¢ No 12130 1000 04778. T K.Layout Br. Mysore

Kaveri Grameena Bank 58 A/c No 12130 1000 04751. TK.Layout Br, Mysore Bandhan Bank -10170 0009 48117 (POS Machine), Mysore Branch Bandhan Bank -58 A/C NO 50170010744157, Mysore Branch

17,617 16.978

682.957 111.934

30,306 29.657

58.307.003 2.002.866

3.798 s2.705 43.434 45.812

17 309 19.224

1.042,69 13.213.650

1306.323 188.532

254.355 14.988

$31.510 43,242

3468 6.237

10.398.200 TOTAL 72,648,621 14,048,261

18.245,981

Note: Bank Reconcilation Statements are ghven separetely at Page No in Sch La

2 ACADEMIC RECEPTS:

PARTICULARS 2019-20

FEES FROM STUDENTS Transportation/Regi/ Unhversity Fee/other Coliege ler 88.366.190

Tuition Fee 198,968.246

Tuition Fee-Package 3.324,000

Totai (A)300.658,A36 FINE AND OTHER FEE CouECTIONS

Fine &Other Collection Amt 309,248

Totai () 309 248 EXAM REMUNERATION RECEIVED

txam Remuneration from VTU 294,930 Online Exam NEAT 6.40

25.640 Online Exam-NATA San Printers Pvt Ltd Consultancy Fee

Attest Testing Service

9.371 40,125

otaiC 76 456 GRANO TOTAL ( A B 9 303.344,140

Managed By: MAHARAJA EDUCATION TRUST (R)

Behind K.R Mills, Belavadi, Srirangapatna, Mandya -* 438

(Amt i NET BLOCK

AS 31.03.20

sCHEDULES TO ACCOUNT: 2019-20 (Contd..

3 FIXED ASSETS DEPRECIATION BLOCK GROSS BLOCK As on As on on

As Rate Depn. for on Addition/ As on

As on the year 31.03.20 31.03.19 PARTICULARS 01.04.19 Deletions 31.03.20 01.04.19 %

1,332,287

11,742,939 BLOCK 10 148,032 936,824 1,386,311

94,009 2,269,111 788,792 Electrical Fittings 2,175,102 1,239,429 9,687,276 10,638,031

21,430,21s 8,447,847 10 16,659

13,091,885 19,085,878 2,344,337 18,510 1,851

1,389,312 26,341

10,650,441 12,042,852 Furniture & Fittings 24,49010

43,000 21,303,980

43,000 23,742,326 9,261,128

Digital PBX System Total-A 2,438,346

BLOCKI 16,107 125,356 107,381 91,274 216,630 216,630 109,249 15

Air Conditioner 30,343 25,792 81,67815 2,916,287I 15 552,826 15

280,721 15 10,505 15

4,551 86,229 112,021 112,021 Audio Systems

Battery & Ups 433,671 3,349,958 2,273,143 2,457,472

5,189,430 618,000 5,807,430 22,757 575,583 151,716 128,959 704,542

659,506 Canteen Equipments 704,542

56,818 337,539 378,786 321,967 CCD Cameras 659,506

12,247 12,247 261 10,766 1,742 1,481 Fake Note Detector & Currency Counter

36,869

739,118 156,886 156,886 113,511 15 6,506 120,017 43,3 5

Garden Equipment

Generator 1,709,926 1,709,926 840,375 15 130,433 970,808 869,551

ID Barcode Scanner 264,402 264,402 204,906 15 8,924 213,830 59,496 50,572

86,30215 14,082,923 15

80,208 15 11,718 15 60,042 15

330,422 15 8,838 15

7,631 15

107,458 107,458 3,173 89,475 21,156 17,983 Intercom

Laboratory Equipments 20,743,974 619,226 21,363,200 1,082,463 15,165,386 6,661,051 6,197,814

Mobile Jammer 110,250 110,250 4,506 84,714 30,042 25,536

Mobile Phones 29,599 29,599 2,682 14,400 17,881 ,199

Photocopier 70,000 70,000 1,494 61,536 9,958 8,464

Projector 478,650 1,566,943 2,045,593 141,855 472,277 148,228 1,573,316 Pumps & Motors 24,250 24,250 2,312 11,150 15,412 100

Refrigerator 10,490 10,490 429 8,060 2,859 2,430

Sports Equipments 55,538 55,538 42,791 15 1,912 44,703 12,747 10,835 103,372 15

20,356 15 376,108 15 416,742 15

Television 403,000 403,000 44,944 148,316 299,628 254,684 26,680

672,013 Vacuum Cleaner 26,680 949 21,30S 6,324 5,375 Water Cooler/Purifier 672,013 ,386 420,494 295,905 251,519 Writing Boards 721,657 19,470 741,127 47,198 463,940 304,915 277,188 Finger print reader (Attendance System) 81,792 81,792 27,401 15 8,159 35,560 54,392 46,232

677,327 15 2,951,945| 15

Elevators 1,771,460 1,534,024 3,305,484 311,496 988,823 1,094,133 2,316,661 7,682,250o

63,300 Solar Equipment 7,682,250 709,546 3,661,491 4,730,305 4,020,759 Xerox Machine- Richo 63,300 24,426 15 5,831 257 38,874 33,043 Water Purification Equipments

Automated Sanitary Napkin Vending Machine

306,297 15 8,316 15

12,511 15

2,041,977 85,875 2,127,852 266,793 573,090 1,735,680 1,554,762

Radio wakitaki G.N Sound System

55,440 S5,440 7,069 15,385 47,124 40,055 58,528 58,528 ,903 19,414 46,017 39,114

88,000 42,850 130,850 15 16,414 16,414 88,000 114,436

Leaf Waste Disposer Machine

Fire Extinguisher 26,985 26,985 4,048 15 3,441 7,489 22,937 19,496

m 112,000 112,000 15 16,800 16,800 112,000 95,200

VNY 33,750 15 Total-B 44,685,881 4,486,388 49,172,269 L 24,783,531

Aircraft Model 225,000 225,000 28,688 | 191,250 162,563 62,438 3,439,470l 28,223,02 19,902,350 20,949,267

VAR


Behind K.R Mills, Belavadi, Srirangapatna, Mandya - 438

SCHEDULES TO ACCOUNT: 2019-20 (Contd...)

FIXED ASSETS (Contd.) (Amt in

NET BLOCK 3

GROSS BLOCK Addition /| Deletions

DEPRECIATION BLOCK

Rate %

As on Depn. for As on As on As on

PARTICULARS As on As on

01.04.19 the year 31.03.200 31.03.19 31.03.20

01.04.19 31.03.20

BLOCK II

(164,555)| 35,504,831 40 3,005,701 38,510,532 7,996,330 4,826,074

Computer & Software 43,501,161 43,336,606 40 952,166 952,166 1,672,414 1,428,248

Software 1,672,414 708,000 2,380,414 92,104

9,760,8483| 87,290

6,341,613 459,616 406,142

35,910,973

53,474 4,011,340 39,922,313

40 498,246

45,671,821 48,660

592,105 546,906

46,263,926 Printers

Total-C

BLOCK IV

Maruthi Eco Ambulance 377,879 377,879 256,740 15 18,171 274,911 121,139 102,968

Maruthi Omni Van 259,718 259,718 208,587 7,670 216,257 51,131 43,461

Tempo Traveler 260,000 260,000 223,017 15 5,547 228,564 36,983 31,436

Mahindra XUV - 500 1,661,114 1,661,114 1,034,626 15 93,973 1,128,599 626,488 532,515

Mahindra XUV - 500 -11 1,579,766 1,579,766 983,958 15 89,371 1,073,329 595,808 506,437

Eicher Bus -KA-11A6528 1,589,941 1,589,941 990,296 15 89,947 1,080,243 599,645 509,698

Eicher Bus -KA-11A6529 1,589,941| 1,589,941 990,296 15 89,947 1,080,243 599,645 509,698

213,750 15 117,938 331,688 786,250 668,313

College Bus-KA-22 B 4743

College Bus-KA-11 A 9499

1,000,000 1,000,000

1,339,550 1,339,550 286,329 15 157,983 444,312 1,053,221 895,238

1,339,545 286,328 15 157,983 444,311 1,053,217 895,234

College Bus -KA 11 B 1085

College Bus -KA - 11 B 1228

1,339,545 157,983 986,511 6,746,766

1,053,217 6,576,745

895,234 5,590,233 1,339,545 444,311

1,339,545 12,336,999

286,328 5,760,254

15

Total-D 12,336,999

BLOCK V

7,987,985| 7,987,985

131,986,666 8,038,175

521,336

521,336

8,509,321 8,509,321|

140,024,841

7,515,437| 40 7,515,437

83,231,323

7,830,174

7,830,174

10,141,373 93,372,696 48,755,344 46,652,145

314,737 314,737

472,548 472,548

679,147 679,147 Library Books

Total-E

Grand Total (A)+{B}+{C {D}+{E) NOTE: Depreciation has been provided on additional assets acquired during the year.

N

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE Managed By: MAHARAA EDUCATION TRUST (R) Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438 SCHEDULES TO ACCOUNT: 2019-20 (Contd.) ANK RECONCILIATION STATEMENT

KGB-SB-8503195190-2(NEW AVC NO-12130100004777 Reconciiation Statement

as on 31.03 2020

Date Particulars Vch Type Transaction Type Instrument No. Instrument Dae Payment Cheque

317/2020 Exp- Hostel Exp/Mess Bill/Others Debit Bank Date Credit

499116 3/17/2020 60157.00 ance as per Company Books 188531.99

nounts not reflected in Bank 60157.00

248688.99 S per Bank

BANDHAN BANK-10170000948117Reconciliaton Statement

as on 31 03 2020

Date Particulars Debit Credit Vch Type Transaction Type Instrument No. Instrument Date

Payment Cheque

Bank Date 1/17/2020 EXP-EXAM REMUNERATION 215 2020 SALARY PAYABLE 218 2020 Sc-M.Suresh Enterprises 219 2020 Exp Stipend (Phd Research Holder)

000146 1/17/2020 520.00 Payment Cheque 00018 2/15/2020 4045.00

Payment Cheque 000196 2/18/2020 22525.00

Payment Cheque 000212 2/19/2020 15532.00 227/2020 SC-NET POINT 8564.00 Payment Cheque 227/2020 SC RAMYA(CENTERING MATERIAL HIRE CHC Payment Cheque

o00222 2/27/2020

000226 2/27/2020 18728.00 2020 Hostel Mess Bill Recelpt Cheque/DD 3/11/2020 1200.00

s16 2020 SBI LIFE INSURANCE Payment Cheque o00260 3/18/2020 11500.00

38/2020 P-TAX Payment Cheque 000261 3/18/2020 41400.00

316 2020 SC EKVS CATRRERS Sree Kiran S P

3182020 MAHARAJA EDUCATION TRUST (REGD.) Payment Cheque 000262 /18/2020 35936.00

Payment Cheque 000263 3/18/20200 26330.00 Balance as per Company Books 6236.7

Amounts not reflected in Bank

Balance as per Bank:

1200.00 185078.00

190114.73

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE


Behind K.R Mills, Belavadi, Srirangapatna, Mandya -571 438

SCHEDULES TO ACCOUNT: 2019-20 (Contd..)

KMB-SB-3211312634 Fee as on 31.03 2020

Particulas Vch Type Transaction Type Instrument No. Instrument Date 3ank Date Debit Credit ae

2/5/2020 AYESHABI Payment Cheque 002788 2/5/2020 45000.00 Balance as per Company Book: 13213650.33

Amounts not reflected in Bank: 45000.00

s perBank: 13258650.33

SBI CA 30229593112 Reconcilaton Statement

as on 31 03 2020 Date Particulars Vch Type Transaction Type Instrument No. Instrument Date Bank Date Debit Credit

3/10/2020 sUHAIB KHAN Payment Cheque 536051 3/10/2020 2900.00

3/12/2020 SC UMS Fuel Station Payment Cheque 536068 3/12/2020 20347.00 3/12/2020 Sc-Atlanta Business Services Professional C Payment Cheque 3/12/2020 sc-GooD LUCK COMPUTERz

536064 3/12/2020 2529.00 Payment Cheque 536071 3/12/2020 5133.00

3/16/2020 SC- Space Intfo ID Visions Payment Cheque 536078 3/16/2020 29316.003/16/2020 sc-NET POINT Payment Cheque 536079 3/16/2020 4062.00

Payment Cheque 3/16/2020 SC- Jayaram A S (MIT Store)

3/16/2020 Sc- Nageshwar India

3/18/2020 LIC OF INDIA

536084 3/16/2020 34720.00 Payment Cheque 536082 3/16/2020 38040.00

Payment Cheque 536085 3/18/2020 141853.00 Balance as per Company Books 111934.45

Amounts not reflected in Bank Balance as per Bank:

278900.00 390834.45

Scanned by CamScanner





















G.NANANTHAVARDHANA, FCA Chartered Accountant,

No.65,Gurikar Devanna Street,

CA 1 Cross, Fort Mohalla, Membership No 025113

PAN: ACIPA62068 Mysuru-570 004

Tel No-0821 2447952

AUDIT REPORT I have audited the Balance Sheet of

MAIARAJA INSTITUTE OF TECHNOLOGY MYSORE (MITM in short) Managed by: MAHARAJA EDUCATION TRUST (R) (the Trust in short)

Behind KR Mills, Belavadi, Srirangapatna, Mandya 571438 As on31" March 2018 and the Income and Expenditure account for the year ending on that date which

are in agreement with the books of account maintained by the MITM. These Financial statements are the responsibility of the Management of the institution. My responsibility is to express an opinion on these

financial statements based on my audit. I have conducted my audit in accordance with the auditing standards generally accepted in India. Those

standards required that I plan and perform the audit to obtain reasonable assurance about whether

financial statements are free from material misstatements. An audit includes examining on a test basis,

evidence supporting the amounts and disclosures in the financial statements. An audit also includes

assessing the accounting principles used and significant estimates made by the management, as well as

evaluating the overall financial statements presentation. I believe that my audit provides a reasonable basis

for my opinion. I report as hereunder: 1. Management has to take proper steps to collect tuition fee from SC/ST students Rs 0.80 Crores and

Rs 19.45 lakhs Tuition Fee from KEA. 2. The Balance in the Nepal Earthquake Relief Fund Rs.2,09,265/- being contribution received from

the Staff to be remitted to the Nepal Earthquake affected people has been utilised for the

Management contribution of 15% towards payment of Medica! Health Irsurance of the Staff for the

FY 2017-18 as per the Management decision. 3. Security Deposit with KSRTC divisions RS.44,03,566/- is subject to confirmation. Revised agreement

copy to be procured by the College. Sundry Deposits Sch 21 Rs.47,15,679/- and Loans, Advances & Other Current Assets 4 Sch 5

Rs.4,01,473/- balances are subject to confirmation. 5. The activities of the MITM during the year 2017-18 has resulted in an excess of Income over

Expenditure of of Rs.1.14 crores as against an excess of Expenditure over Income of Rs.2.67 crores in the Financial Year 2016-17.

Ihave obtained all the information and explanation which to the best of my knowledge and belief were necessary for the purpose of my audit. In my opinion, the MITM has kept proper books of account so far as

it appears from my examination of the books.

In my opinion and to the best of my information and according to the information given to me, the

said accounts read with the schedules and notes thereon, subject to my comments herein above give'a true and fair view:

(a) In the case of Balance Sheet, of the state of affairs of MITM as on 31* March 2018, and

b) In the case of the Income and Expendicure Account, the Excess of Income over Expenditure for

the year ending on 31" March 2018.

G.N.ANANTHAVARDHANA Place: Mysuru

Chartered AcsQHAYa{NA G.N. ANANTHARSANA

Chartered hccUunicr's

Mem rs:i Nc. 025113

# 65, Guiikar Levaia St., Cross

Fort Mohalla, MYSORE-S:0 004

Date: 12.10.2018

MAHARAA INSTITUTE OF TECHNOLOGY, MYSORE (MITM)

Managed By: MAHARAJA EDUCATION TRUST

Behind K.R Mills, Belavadi, Srirangapatna, Mandya - 571 438

RECEIPTS AND PAYMENTS ACCOUNT for the year ending 31st March 2018

RECEIPTS Sch Rs. RS.

OPENING BALANCES: 1 1,29,25,032

Cash and Bank Balances - (A)

REVENUE RECEIPTS: 2 28,54,34,659

Academic Receipts Fee Collections

Bank Interest from:

Fixed Deposits 24,58,425

24,73,705 49,32,130 Saving Bank accounts 20,67,446

29,24,34,235 3

Other Income - Examination Fee & Rental Income

(B) CAPITAL AND OTHER RECEIPTS:

7 45,20,216

Research and Project Grants received

Other Liabilities received 1,40,23,623

10,72,60,072

6,52,02,416

6,77,092

8

9 Contra-Salary Payable & Salary Deduction

Sundry Creditors for expenses

Tax deducted at source

10 18,71,63,203

1,53,43,634

38,60,23,380

11

Loans and Advances (Asset) received

Fee arrears received 2,60,00,00o Fixed Deposit - Matured 61,90,50,433

92,44,09,700(C) TOTAL (A+B+C)

PAYMENTS EDUCATION PROMOTION EXPENSES

13 1,35,73,482

Academic Expenses 12 10,89,04,797

Remuneration to Teaching & Non-Teaching Staff

Public Charitable Expenses Fee Concession

Repairs &Maintenance Financial Costs (Bank Charges & Interest on Loans)


29,96,260 50,17,498

87,038

17

16

18

14 37,31,519

15 2,80,97,276 3,18,28,795

Transportation Expenses - Students, Staff & Others

Internal Contributions to Maharaja Education Trust (R) Internal Contributions to MIT Thandavapura College

9,45,51,316

1,71,88,866 11,17,40,182

TOTALA 27,41,48,052

CAPITALAND OTHER PAYMENTS: 45,20,216

Research and Project Grants expenses

Other Liability

Salary Payable &Salary Deduction- remittances

Sundry Creditors paid

Sundry Debtor- Fee receivable- contra

Secured Loan repaid

Loans and Advances(Asset) given

1,41,01,678

10,79,65,828 8

9 18,75,35,940

35,70,58,036 0 6,54,68,434 4

7,45,176

1,38,39,206

74,47,399

19

20 Fixed assets Purchased

6 2,76,60,603

Fixed Deposit-Made

TDS remittance 11

6,58,960

59,94,65,536 TOTAL- B

CLOSING BALANCES: 5,01.96,112 92,409,700

For MAHARAJ� INSTITUTE OF TECHNOLOGY, MYSPRD Cash and Bank Balances C

TOTAL (A+B*C)| As per my report of

even date attached

President PMTTipa Secretary G.N. ANANTHAVARDHANA

AAnonthavardhana

MAHARAJA INSTITUTE OF TECHNoLOGY, MYSORE (MITM) Managed By: MAHARAJA EDUCATION TRUST


INCOME AND EXPENDITURE ACCOUNT for the year ending 31st MARCH 2018 INCOME Sch Rs. Rs.

Academic Receipts - Fee Collections 28,54,34,659

Bank Interest from 24,58,425 Fixed Deposits

Saving Bank accounts 24,73,705 49,32,130

20,67,446 29,24,34,235

Other Income Shop Rent, Examination Income

Total (A)

EXPENDITURE

12 10,89,04,797 Remuneration to Teaching & Non-Teaching Staff

Academic Expenses Administrative & General Expenses

Transportation Expenses Students, Staff & Others

Repairs&Maintenance Public Charitable Expenses Fee Concession

Financial Costs (Bank Charges & Interest on Loans)

1,35,73,482 37,31,519

2,80,97,276 50,17,498

29,96,260 87,038

13

14 15 16

17 18 16,24,07,870o

Internal Contributions to Maharaja Education Trust(R) Internal Contributions to MIT- Thandavapura College

Depreciation on Fixed Assets

9,45,51,3116

1,71,88,866 11,17,40,182 68,07,612

28,09,55,664 1,14,78,570

20 TOTAL (B)

Excess of lIncome over Expenditure (A)-B)

BALANCE SHEET as on 31ST MARCH 2018 LIABILITIES Sch Rs. RS.

GENERAL/ CAPITAL RESERVE:

General Reserves: Opening Balance Add: Excess of Income over Expenditure

11,39,04,771 1,14,78,570 12,53,83,341

GOVERNMENT GRANTS: Research Project Grants & other govt. grants

14,902 7

LOANS/ BORROWINGS: 2,14,835 19 Secured Loans- Vehicle loans

CURRENT UABILITIES & PROVISIONS: 40,94,485

Other Liabilities Caution deposit & Others

Sundry Creditors (for expenditure) Tax deducted at Sources payable Salary/ Salary Deduction

(5,50,139) 77,100

10

11

9 52,90,119 89,11,565

13,45,24,646 TOTAL

ASSETS FIXED ASSETS:

Gross Block at Cost 11,72,18,348

7,41,92,917 20

Less: Depreciation Block 4,30,25,431 Net Block at WDV

INVESTMENTS Short Term Deposits with Banks

3,06,60,603 6

CURRENT ASSETS,LOANS AND ADVANCES:

Deposits Loans and Advances & other Current assets

47,15,679 1,10,26,629

21

5 (56,99,808)

5,07,96,112

4 6,08,38,612

13,4.24,646 Fee Receivable and Sundry Debtors

Cash &Bank Balances TOTAL

For MAHARAJA INSTITUTE OF TECHNOLOGY, MYSJK As per my report of

even date attached

Terrotarn inal 9, G.N. ANANTHAVARDHANA In..-idant

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE (MITM) Managed By: MAHARAJA EDUCATION TRUST


SCHEDULES TO ACCOUNT: 2017-18 (Amt in Rs)

1 CASH AND BANK BALANCES: Particulars |As on 31.3.17 As on 31.3.18

Cash in Hand 2,92,366 8,01,944Cash at Bank:

SBI CA NO. 30229582145, Commercial Branch, Mysore SBI CA NO. 30229593112, Commercial Branch, Mysore SBI CA NO.30815639108, Commercial Branch, Mysore Kotak Mahindra Bank- 3211437313, Kuvempunagar Br, Mysore Kotak Mahindra Bank -3211343522, Kuvempunagar Br, Mysore Kotak Mahindra Bank - 3211343539, Kuvempunagar Br,Mysore

Kotak Mahindra Bank-3211343546, Kuvempunagar Br, Mysore Kotak Mahindra Bank-3211312634, Kuvempunagar Br, Mysore

Kaveri Grameena Bank- SB A/c No.85031951902, T.K. Layout Br, Mysore Kaveri Grameena Bank- SB A/c No.85031951695, T.K.Layout Br, Mysore Kaveri Grameena Bank-SB A/¢[No. 85031333907, T.K.Layout Br, Mysore Bandhan Bank -10170000948117 (POS Machine), Mysore Branch

Bandhan Bank -SB A/C NO.-50170010744157, Mysore Branch

18,915 18,266 24,04,656 2,51,224

31,604 30,955 73,62,739 98,36,292

3,480 3,658

6,571 41,837 16,267 17,096

8,00,132 2,14,65,7700 18,48,383 28,26,716

97,554 1,01,476

13,065 69,11,214 29,300 27,108

84,62,557 5,07,96,112 Total 1,29,25,032

Note: Bank Reconcilation Statements are given separetely at Page No. in Sch 1a.

ACADEMIC RECEIPTS: PARTICULARS 2017-18

FEES FROM STUDENTS:

Transportation/Registration/ University Fee 8,36,65,210

Tuition Fee 18,49,75,775

Tuition Fee- Package 1,44,97,280 13,13,601

Total (A) 28,44,51,866 Other Fees

FINE AND OTHER FEE COLLECTIONS:

Fine 3,86,093 Fee received - PhD - Research Center 4,10,700 Fee from detained students

Total (B) 7,96,793 SALE OF PUBLICATIONS:

1,86,000 1,86,000

GRAND TOTAL ( A + B+C)28,54,34,659

Application Fee (Prospectus, Admission, Exam) Total (C)

3 OTHER INCOMES:

PARTICULARS 2017-18 Cleaning and Maint Chg Received:

Shivarajugowda Canteen

Coffee Day Shop MIT Store: Jayaram.S

96,040 17,100

29,000 14,810 Energy Food Industries

Chat Center: Revanna 17,460 1,74,410

Staff Salary Advance lInterest 1,33,250 (2,000) (8,580)

KPTCL Exam

APTECH Online Exam

2,78,775 Meritrac Service Ltd - Online Exams Tata Consultancy Service Ltd - Exams 5,960

Tofil Online Exam 1,61,857

Miscellaneous Income HAV 2,34,773

MAHARAJA INSTITUTE OF TECHNoLOGY, MYSORE (MITM)

Managed By: MAHARAJA EDUCATION TRUST Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438

sCHEDULES TO ACCOUNT: 2017-18 (Amt in Rs)

FEES RECEIVABLE: Opening Bal 27,05,045

Receivable 2,30,73,795

Recelved 2,38,32,890

27,11,500

Closing Bal| 19,45,9500 Particulars

(a) From KEA (CET) (b) From COMEDK (PGCET)

(c) Change of College

(d) From Students:

8,41,500 18,70,000

E 2017-18 63,78,730 26,16,63,457| 25,92,02,546 88,39,641

MCA 2017-18 1,38,865 1,04,53,368 1,03,08,753 2,83,480

MBA 2017-18 8,65,800 2,90,98,746 2,66,73,936 32,90,610

MTech: 2017-18 11,610 20,07,230O 19,28,640 90,200

Crash Course:2017-188 69,93,730 3,06,790 72,07,240 93,280

(3,00,000) 1,32,92,115 1,27,18,475 2,73,640 Change of College & Detained Students

(e From Social Welfare Dept:

BE&MBA/MCA/MTech 1,05,14,760 1,09,74,760 1,34,79,370 80,10,150

(3,25,390) (2,82,01,369)

(56,99,808) () Fee-KMDC

3,25,390

43,17,77S Total 2,32,65,53635,70,58,036

Schedule 4a: Fee receivable from the list of Students has been given separately in Page No.

2,76,34,640 38,60,23,380 )Fee Concession-BCM (48,84,504)

sLOANS AND ADVANCES: Particulars

Closing Bal Received 27,91,625

Paid Opening Bal 32,03,596

32,25,381

Salary Advance/Loans

Advance to Staff for Expenses

Karnataka rural Infrastructural Devp Itd

28,13,410 (Sch 5a) (Sch 5b) 1,07,019 80,58,478 76,68,139 4,97,358

69,02,417 (Note 21.5(b))

(Sch 5c) Harsha Cheluvegowda-SPMS

87,05,988 18,03,571

5,14,454 1,25,31,057 1,38,39,206

30,80,299 1,53,43,634

4,01,473

1,10,26,62 Other Current Assets 29,67,3188 Total

SALARY ADVANCE/LOANS: Particulars

Paid Closing Bal Opening Bal 92,400

Received 50,400

Ananth, N.S, Accountant 42,000

Anil Kumar, M M Asst Prof Mec 27,500 27,500

Arun Kumar YN, Lab Asst, Phy 29,570 15,120 14,450

Anilkumar Y C-Lab Asst Che 31,500 11,340 20,160

Anirudha-Asst Prof Civ Dept 1,10,000 16,500 93,500

Ashok R 2,750 2,750

23,940 Balaraju Gardener

Basvaraju M- Driver

Ajay CK-Asst Prof Maths

Arvind G-MCA Dept

Chetan Kumar H B, Lab Asst, E&C

15,120 8,820

26,250 8,400 17,850

8,780 20 8,800

66,000 56,000 10,000

23,940 15,120 8,820

Chinnaswamy Painter

Deepak.K.s

23,940 15,120 8,820

10,710 10,710

Deepu R, HOD, CS

Devamma, House Keeping

Devendra.B Dr.Manju B

1,10,000 44,000 66,000

7,560 31,500 8,820 30,240

35,750 33,000 2,750

93,520 2,23,050 2,80,000

2,45,640 1,16,110

Dr.Murali S., C.S Dept 8,40,000 5,00,000 10,60,000

1,10,000 22,000 88,000

Nagesh HG-Asst Prof MBA Dept

Nakul MN- Accounts Dept 52,500 52,500

Girish R-Office Section 52,500 12,600 39,900

25,200 15,120 10,080

Eshwar, Helper Bommaiah R- House Keeper

5,040 31,500 13,338 23,202

93,500 66,000 27,500

Bhavyashree HD - asst Prof-CSE Dept

AVAR HarishKumar.K.P 1,439

1,439

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE (MITM)


Behind K.R Mills, Belavadi, Srirangapatna, Mandya-571 438


3a SALARY ADVANCE/LOANS:

Particulars Opening Bal Pald Recelved Closing Bal Balance B/d 14,11,539 13,32,910 10,30,868 17,13,581

Honnaraju B-CSE Dept

Gururaj MH Harshith Diwakar

47,025 1,10,000 69,025 88,000

16,500 16,500 21,000 21, 000

Kumar.. (CSE)

Puneeth P-Asst Prof Ise Dept

Raghu S-Asst Prof Mec Dept

43,260 25,200 18,060

55,000 22,000 33,000

1,10,000 16,500 ,500

Mahesh.5- Garden Asst. 25,620 15,1 10,500

Jayamala 5,250 68,250 21,630 51,870

Kiran KS-Mec Dept Lakshamma - Helper Maniyamma, House Keeping

6,300 52,500 18,900 39,900

31,500 5,040 26,460

11,500 31,500 17,800 25,200

Manjunath HK

Manjunath B, Asst Prof, MCA

88,200 50,400 37,8 88,000 66,000 22,000

Shivaraj N Accounts Dept 52,500 12,600 39,900

Jagadeesh M- Ise Dept Mahadevaswamy M - Mec Dept

39,900 25,200 14,700

5,250 5,250

Mahesha House Keeper 3,780 31,500 17,010 18,270

Punith.M.S. 11,850 11,850

Shridhara MS-ECE Dept 31,500 10,080 21,420

Somashekar B M - Asst Prof ISE Dept

Ramakrishnegowda, Lab Asst, ME

Ramesh Kumar Hp, Lab Asst ,IS

Mallikarjun MB-Finance Mgr Ranjith Kumar C, Housekeeping

1,10,000 44,000 66,000

25,410 15,120 10,290

27,720 15,120 12,600

7,350 42,000 7,350 42,000

26,460 18,600 ,860

Ravikumar H, Asst Prof, EC 82,500 66,000 16,500

Ravikumar KS - Asst Prof-MEC dept 38,500 33,000 5,500

Ravikumar T, PRO 83,000 7,000 90,000

Renuka S, Library Asst 27,720 15,120 12,600

Santosh E CSE Dept 13,750 13,750

Padmavathi 33,600 63,000 69,7 26,880

Lakshamma - Mahesh 14,700 36,750 23,520 27,930

Shivakumar NG 23,940 15,120 8,820

18,900 Manjunatha S C

Shivakumar B, Mechanic, ME

Vijaya Raghu B - Asst Prof Mec Dept

6,300 52,500 39,900

39,984 25,200 14,784

55,000 ,500 49,500

Shivaraj R - CIV 15,960 10,080 5,880

Naveena V 5,040 31,500 12,600 23,940

Punith N- Civil Dept 22,000 1,10,000 44,000 88,000

Shivendra KD 22,078 31,500 19,416 34,162

2,750 2,750

Ramesh G C 25,200 15,120 10,080

Lokesh D Office

Maraiah Helper Office Pavithra TS- Asst Prof MCA Dept

7,140 5,910 1,230

77,000 66,000 11,000

25,200 14,700 39,900

77,000 Prashanth N -Ece Dept 66,000 11,000

Rajini Chethan Asst Prof ISE Dept

SaraswthiD- Asst Prof ISE Dept Shankraegowda-Asst prof Civ Dept

Shankraegowda-Office Asst

Shantha S Asst prof ISE DeptAVARO

Shivaram KG- MCA Dept

,000 44,000

99,000 66,000 33,000

,700 22,800 20,900

,300 66,000 23,300

35,700| 25,200 10,500




Sa SALARY ADVANCE/LOANS: Particulars Opening Bal Pald

Balance B/d Recelved Closing Bal

24,58,419 29,17,376 24,46,410 29,05,367 Thejaswini MN-Asst Prof MCA Dept Venkatesh- Lib Dept

Smithashree KP- Ise Dept

77,000 66,000 11,000

27,720 ,120 12,600

33,000 1,10,000 55,000 88,0

Srinivase Gowda M P, Off Supdt 16,800 16,800

Somesh - Mec Dept 15,100 15,100

Swamy, Library Asst 6,300 31,500 17,160 20,640

Yashaswini AR- Cse Dept 93,500 66,000 27,500

Vivek K- civil 16,800 63,000 ,526 50,274

Venkatappa, Helper 52,500 3,000 49,500

49,500 28,13,410 27,91,625 32,25,381

Manasa MG-Ece Dept 1,10,000 60,500 TOTAL 32,03,596

5b ADVANCE TO STAFF FOR EXPENSES: Name of Staff & Department

DR. B G naresh Kumar Principal

Dr 8 Manju -Hod Chem Dpt

Dr S Murali- President

Opening Bal Advanced 9,222

Recovered 71,81,029

Closing Bal 9,221 71,81,028

300 10,300

1,00,000 1,00,000

Nandakumar.R. B 18,000 18,000

Ramakrishnegowda.C- Civil Hod

Ravikumar T, Pro

Sachin.S-Phys Dept

20,000 20,000

10,000 15,000 15,000 10,000

4,000 4,000

Yashawanth 20,4 20,490

Vivek-Civil Dept.

Mahesh-MCA Dept Dr T Vasudev - Secretary

Harshith Diwakar- Placement Officer

24,007 39,500 55,500 8,007

1,300

1,00,000 1,300

1,55,000 55,000

70,350 70,090 260

Laksmishree- Placement Officer Shankare Gowda -Principal CarDriver

29,000 10,000 19,000

52,500 7,500 45,000

Shivakumar HV- Phy Edu Director

Comp Loan-Chaithrashree R-Ise Dept Comp Loan-Chandarshekar M - Civ Dept

Comp Loan-Dinesh M A-ECE Dept

Comp Loan-Chanadrgith MCA Dept

Comp Loan-Dr. Mahesh Rao ECE Dept

Comp Loan-Hamavathi M - Ise Dept Advance to 7 members - Note

22,500 17,500 5,000

33,100 13,240 19,860

33,100 13,240 19,860

33,100 13,240 19,860

45,800

33,100

18,320 27,480

13,240 19,8

33,100 13,240 19,860

1,72,000 1,07,019 80,58,478

1,72,000 76,68,139 Total 4,97,358

Note: Advances paid to them are recovered fully, So not separately shown.

Sc OTHER CURRENT ASSETS: Particulars Advanced Opening Bal

1,66,000

Recovered Closing Bal 1,66,000

ICCR-2016 Seminar and Conference 32,686 3,862

11,962 Energy Food center

29,894 6,654

Jayaram- MIT Store 57,013 66,138 2,837

33,517 9,747 13,129

9,010 Raghu Coffee Day

30,135

Revanna Chat Center 35,877 43,037 1,850

2,57,383 15,36,517 3,99,141

Exam Remuneration-VTU Z10,610 14,89,745

3,45,442

4,56,241 GSI- Health Insurance Amt 43,069

96,768

MITT- Health Insurance & Mobile Bill Amt 68,414 3,87,827

(11,602)| 1,11,697 87,661 12,434

Shivaraju Gowda T Canteen

TDS-Exam & Exam Remuneration 1,20,198 1,20,198

11,944

TDS-Others TnC c Intaroct

THAV

11,944 37,650 37,650



Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438 (Amt in Rs)


6. INVESTMENTS: Opening Bal Closing Bal Particulars

Made Matured

Deposits with Kaveri Grameena Bank: 30,00,000 7,87,793 37,87,793

FD A/c No. 85031337470

FD A/c No.- Bandhan Bank-170000382677

FD A/c No-85047051437-KGB

FD A/c No-85051053483-KGB

78,38,851 78,38,851

63,16,818 63,16,818

1,01,71,604 1,01,71,604

65,00,000

65,00,000

1,30,00,000 FDR No.-112685

65,00,0000

FDR No.-112686 65,00,000

FDR No.-649623 1,30,00,000

25,45,537 2,76,60,603 2,60,00,000

25,45,537 3,06,60,603 TDR No-7411849327-KMB

TOTAL 2,90,00,00o

7 RESEARCH PROJECT GRANT & OTHER GOVT. GRANTS RECEIVED

Particulars As on 31-3-17 Received Utilized As on 31-3-18

RESEARCH PROJECT GRANTS: ISTE-STEP ON COMS Project Research Grant- UGC DAE CSR Project

45,202 45,202

(30,300) 21,37,080 24,36,091 (3,29,311

Research Grant-SERB-DST 19,60,636 16,61,625 2,99,011

Project-Precision farming Minimizing 4,00,000 4,00,000

OTHER GOVT. GRANTS: 22,500

45,20,216| 22,500

45,20,216| National Social Service (NSS) Grant

Total 14,902 14,902

8 OTHER LIABILITIES:

Particulars As on 31-3-17 Received Paid As on 31-3-18

8,475 Library Caution Deposit

Canteen Deposits VTU Library Consortum Fee

8,475

1,36,000 1,36,000

(14,000) 14,000

EXAMINATION FEE PAYABLE:

Exam- Change of Branch 13,85,000 13,85,000

Exam TDS on Exam Remuneration 67,408 67,408

Exam Fee 40,27,280 98,23,795

27,15,500 97,13,400 39,16,885

Exam Revaluation Fee 23,260 26,92,240

VTU Readmission Fee 1,01,500 1,01,500

MIT Research center-Exam Fee 41,600 41,72,540| 1,40,23,623 1,41,01,678 40,94,485

41,600 TOTAL

9 SALARY PAYABLE & SALARY DEDUCTIONS:

Particulars Opening Bal 62,90,399

Deducted Closing Bal 70,72,066

Remitted

(a) Salary Payable 8,38,24,636 8,30,42,969

ESI Employer Contribution 32,845 4,47,371 4,39,532

3,51,665 6674,9099

52,46,874 8,95,18,88|

40,684

,12,002 75,24,752

EPF Employer Contribution S1.86.537 S,86,69,038 Total (a)

(b) Salary Deductions

Bus Fare 8,29,849 8,29,849

ESI Employees contribution 12,087 1,64,697 1,61,805 14,979

Food Deduction 33,210 33,210

HAVAR ISTE Membership Fe (54,000) 15,600 (38,400)

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE (MTM) Managed By: MAHARAJA EDUCATION TRUST



SALARY PAYABLE & SALARY DEDUCTIONS:

Particulars Opening Bal Deducted Closing Bal Remitted

Balance B/d 1,01,701 29,67,467 29,39,241 1,29,927

Mahadasara Fest- Marathon 34,650 34,650

Mobile 4,57,905 4,57,905

4,34,200

46,91,002 34,400 37,800

3,75,705 Profession Tax

4,30,800

Provided Fund 3,10,066 46,25,363

SBI Life Insurance 14,500 1,54,000 1,57,000 11,500

Salary Recovery1,62,884 1,62,884

6,05,620 |L 7,39,500

Tax deducted at source 6,41,240 46,28,170 46,63,790

MET-WF 2,73,750 10,94,250 6,28,500 2,09,265 Nepal earth quake Relief Fund

Medical Insurance Staff - Salry deduction

Held up salay United India Insurance Company Ltd

2,09,265

7,65,855 49,00,540 (41,34,685) 86,852 86,852

(22,63,956) 6,79,034) 1,77,41,191 1,92,96,790 59,95,875 10,72,60,072 10,79,65,828

22,63,956 (22,34,633) Total (b)

Grand Total (a) + (b) 52,90,119

10 SUNDRY CREDITORS: Closing Bal Opening Bal Received 1,05,100

Paid Particulars

Events lamp -Raghupathi P

Dinesh Achari -Carpenter

1,05,100

1,00,000 (1,00,500) (50,000)

(500) Mahendra N-Tarun Earth Movers 50,000

Net Point-Computer Maintenance 17,282 3,31,491 3,48,773

Neulite Products Pvt Ltd-Solar Project

Shipla N- Navaneeth Caterers

1,00,000 1,00,000

4,798 4,798

Hephizi Elvator Pvt Ltd 85,000 85,000

(79,876) (79,876 (1,00,000)

Sintex Industries Ltd

Manjunath-Stone Purchase

Sowmyshree Concrete Products

1,00,000 (5,15,925)| 11,29,219 6,13,294

(1,00,000) (2,00,000)

Nenapu Printers 1,00,000

Sri Panchlingeshwara Motor Service

Sunilkumar D-Tiles Laying Worker

Swamy Bengaluru Other Sundry Creditors (Note given below)

1,44,43,575 1,46,43,575

2,10,200 2,01,473 8,727

13,490 (13,490) 4,90,87,931 4,90,87,931

(2,84,121) 6,52,02,416 6,54,68,434 (5,50,139) Note: Other Sundry Creditors pertains to the loan received and fully paid in the same year and hence not shown

separately.

11 TAX DEDUCTED AT SOURCES PAYABLE: Particulars

TDS 194C ( Contract & Sub- Contract)

TDS 194J(Professional Fee)

Opening Bal Deducted Remitted Closing Bal 77,100 49,911 6,73,229 6,46,040

9,057 58,968

3,863 6,77,092

12,920 6,58,960 Total 77,100

12 EMPLOYEE COST PARTICULARS 2017-18

Staff Salary 10,21,32,575

48,50,044 Employers PF Contribution

Employers ESI Contribution

Guest Faculty

Stipend-PhD -Research Holder

EPF DamaRes and Interest Payment & ArrerasJAin

4,47,371 2,000

2,88,000 9,43,767

MAHARAA INSTITUTE OF TECHNOLoGY, MYSORE (MITM)



(Amt in Rs)


13 ACADEMIC EXPENSES: 2017-18 87,73,960 PARTICULARS

(Sch 13(a)) (Sch 13(b)) VTU Registration & Examination Expenses

Departmental Expenses

STUDENT RELATED EXPENSES: Functions & Cultural Activities Expenses

8,85,153

37,000

Job Fair expenses

5,79,340

Mahadasara Fest 8,97,092

Newspaper Subscription 29,527

3,05,648 Placement Expenses Remuneration for Extra Class

9,82,000

5,54,347 Seminars, Conferences & Workshop

Sports Expenses Students' Welfare Expenses

1,23,341

3,61,074

35,000 ISTE Registration Fee

Annual Subscription Fee- KUPECA 10,000 39,14,369 1,35,73,482 Total

13 a VTU REGISTRATION & EXAMINATION: VTUVAICTE Registration Fees & Exam Expenses 87,73,960

87,73,960 Total

13b DEPARTMENTAL EXPENSESChemistry Dept. ExpensesCivil Department ExpensesCivil Dept Material Test & Consultancy Fee

88,810

1,99,618

(74,700) 43,192

E&C Dept Expenses Information Science Dept Expenses.

4,400

2,02,579 Library Dept Expenses

MBA Department Expenses

Mathematics Dept Expenses Mechanical Department Expenses

Research Grant Encouragement

30,310

27,570

2,89,394

73,980 8,85,153 Total

14 ADMINISTRATIVE & GENERAL EXPENSES:

2017-18 PARTICULARS

Advertisement & Sponsorship 74,625

Audit Fee 91,734

Annual Maintenance Charges UPS and Battery

Electricity Charges Food Expenses

3,17,100

4,20,660

6,97,571| 2,78,246

Vehicle Insurance Premium & Others 1,99,623

Internet Charges

Legal and Professional Fee

Miscellaneous Expenses

office Expenses

5,000 39,074

99,773 38,620

TDS &PT Filling Charges Postage& Courier

Magazine Printing& Stationery

Profession-Tax (College)

Telephone Charges Security Service Charges

NBA Acridation Exp

17,781 3,06,935

2,500

5,10,915

5,95,612

HAVARDNS 5,000 AN 750 |



Behind K.R Mills, Belavadi, Srirangapatna, Mandya - 571 438 (Amt in Rs)


15 TRANSPORTATION EXPENSES: PARTICULARS

Travelling And Conveyance

Bus-Hire Charges [KSRTC & SPMS]

2017-18 1,17,796

2,79,79,480 Total 2,80,97,276

(Note 21.5(b))

16 REPAIRS & MAINTENANCE: PARTICULARS

2017-18

Computer & Printer Maintenance

7,98,920

Garden Maintenance

8,06,569

Generator&Vehicle Maintenance

20,31,754

13,80,255 50,17,498 Repair &Maintenance & College Maint Total

17 EDUCATION FINANCING EXPENSES: PARTICULARS

2017-18

29,96,260 29,96,260 Educational Expenses Total

18 FINANCIAL COSTS PARTICULARS

2017-18

Bank Charges (Note 21.5(c))

12,974

Interest on Vehicle Loan (Eicher Bus) 74,064

Total 87,038

19 SECURED LOANS Closing Bal Particulars

Loan-KMB-LCV-137865 -Vehicle Loan

Loan-KMB-LCV-137871-Vehicle Loan

Opening Bal Loan receivedLoan repaid 3,72,588

4,79,6741,07,086

4,80,3379,60,011

3,72,588 1,07,749

Total 7,45,176. 2,14,835

20 FIXED ASSETS: Shown separately in Page No.

21 DEPOSITS: Refunded Closing Bal Opening Bal

3,05,113 6,500

Paid

Particulars

Electricity Deposit with CESCOM

LPG Cylinder Deposits

3,05,113

6,500

44,03,566 500 44,03,566

Transportation with KSRTC

Telephone with BSNL 500

Total 47,15,679 47,15,679

AR DHA **

aen

Ghartere Acou



Behind K.R MIlls, Belavadi, Srirangapatna, Mandya 571 438

sCHEDULES TO ACCOUNT: 2017-18 (Contd..) (Amt in Rs) DEPRECIATION BLOCK

Rate 20 FIXED ASSETS NET BLOCK

GROSS BLOCK As on As on Depn. for As on As on

As on Addition/ As on PARICULARS the year 31.03.18 31.03.17 31.03.18

31.03.17 Deletions 31.03.18 31.03.17 Y%

6,34,757 15,28,139

72,76,334 1,07,35,177 22,433 22,852

79,33,524| 1,22,86,168 1,16,22,217

BLOCK 15,40,345 1,71,149 21,75,102 1,73,37,639

43,000 1,95,55,741

19,91,747 1,83,355 4,63,608 1,00,61,305 Electrical Fittings

Furniture & Fittings 61,58,411 10 11,17,923

1,68,93,588 4,44,051 20,567 2,285 12,91,3577

20,148 10 43,000 1,89,28,335

Digital PBX System 66,42,167 Total-A 6,27,406

1,26,331

35,698 BLOCK II 22,294 90,299 1,48,525

2,16,630 1,12,021

68,005 15 2,16,630 76,323

25,15,144 M31,46,219 S,26,053 2,13,876

10,198 1,05,857

Air Conditioner 70,023 6,300 41,998 15 Audio Systems 1,12,021 26,74,286

51,89,430 20,43,211 15 7,04,542 4,94,555 15

15 4,71,933 Battery & Ups

Canteen Equipments

51,89,430

7,04,542 31,498 2,09,987 1,78,489

78,641 5,24,271 4,45,630 6,59,506

12,247

1,35,235 CCD Cameras 6,59,506

2,411 2,049 362 Fake Note Detector & Currency Counter

Garden Equipment

12,247

1,56,886

9,836 15 15 9,005 60,034 51,029

1,56,886 10,34,926 2,64,402- 1,07,458

2,07,43,9741,15,46,038 1,10,250

12,600 70,000

4,65,860 10,250 10,490

96,852 7,46,484 1,94,407

3,39,343 2,88,442 6,95,583 | 15 1,82,05S 15

78,177

S0,901 10,34,926

82,347

29,281

Generator 12,352 69,995 2,64,402

82,569 1,29,07,443

74,907 8,562

58,285 3,05,393

6,118 7,127

40,541 50,496

ID Barcode Scanner 15 4,392 24,889

1,07,458 Intercom Laboratory Equipments

15 13,61,405 82,80,506 78,36,532 9,17,430 1,98,26,544

1,10,250 68,670 15 6,237 41,580 35,343 Mobile Jammer

7,849 713 4,751 4,038 12,600 Mobile Phones

56,218 15 2,067 13,782 11,715 70,000

Photocopier Projector

Pumps &Motors Refrigerator

2,77,075 15 28,318 1,88,785 1,60,467 4,65,860

S,389 15 729 4,861 4,132 10,250

6,533 15 594 3,957 3,363 10,490

55,538 37,895 15 2,646 17,643 14,997 55,538 Sports Equipments

20,583 29,913 16,417 3,52,504 37,000 3,66,000 4,03,000 15

Television 19,240 3,40,213

8,753 7,440 26,680 4,87,013

26,680 17,927 15 1,313 Vacuum Cleaner

25,906 1,72,706 1,46,800 3,14,307 2,99,630 15

15,296

15 4,87,013 Water Cooler/Purifier Writing Boards

Finger print reader (Attendance System) Elevators

S,81,567 1,40,090 7,21,657 63,304 3,62,934 2,81,937 3,58,723

16,7 704 17,802 4,86,014

21,17,185

14,198 32,000 17,51,400 76,32,250t

63,300 20,41,977

55,440 58,528

32,000 15 2,506 12,65,387

S5,15,065 14,88,690 2,23,304

9,73,247 17,51,400 2,62,710 15

11,43,938| 15

9,495 15

64,88,312 N AN 76,32,250 Solar Equipment Xerox Machine- Richo

ater Purification Equip (WIP)

Aptomated Sanitary Napkin Vending Machine

Radio wakitaki

63,300 8,071 17,566 S3,805 45,734 20,04,095 20,41,977 20,04,095 | 37,882

15 S5,440 S5,440

15 ,390 4,390 54,138 58,528 15,75,370 4,32,10,255 1,79,63,085 420 34,22,337 2,13,85,422 2,36,71,800 2,18,24,833 Total-B 4,16,34,885 |




sCHEDULES TO ACCOUNT: 2017-18 (Contd...) (Amt in Rs)

NET BLOCK 20 FIXED ASSETS (Contd.)

DEPRECIATION BLOCK

Rate Depn. for the year

GROSS BLOCK s on As on As on

As on Addition/

Deletions As on

As on PARTICULARS

31.03.17 31.03.18 31.03.17 % 31.03.18 31.03.17 31.03.18

BLOCK III 9,12,459 3,26,50,277 86,372

9,98830 3,29,95,015

22,81,147 3,44,739 2,15,929

24,97,076

13,68,688

3,40,18,965 3,40,18,9653,17,37,818 40

Computer & Software 1,29,557 14,98,246 2,58,367 40

4,74,296 3,44,93,261|

Printers 4,74,296-

Total-C 3,44,93,261 3,19,96,18S

BLOCK IV

3,77,879 3,77,879 2,10,213 15 25,150 2,35,363 ,67,666 1,42,516

Maruthi Eco Ambulance 1,99,564 2,16,491 9,24,069 8,78,815 8,84,476 8,84,476

75,000

10,616 70,770 60,154 2,59,718 1,88,948 2,60,000-2,08,813

15

Maruthi Omni Van 2,59,718 15 7,678 51,187 43,509

2,60,000 Tempo Traveler

S,67,112 7,37,045

16,61,114 16,61,114 7,94,002| 15 1,30,067

Mahindra xUV-500 8,24,648 7,00,951

15,79,766 7,55,118 15

15,89,941 15,89,941 10,00,000 13,39,550- 13,39,545 13,39,545

1,23,36,9999|

1,23,697 15,79,766

Mahindra XUV- 500- 7,05,465

7,59,982 15

7,59,982 15

1,24,494 8,29,959

15,89,941 Eicher Bus -KA-11A6528

8,29,959 7,05,465 15,89,941

1,24,494

Eicher,Bus -KA-11A6529

College Bus-KA -22 B 4743 10,00,000

15 75,000 9,25,000

1,00,466 12,39,084 1,00,466

1,00,466 13,39,550

15

College Bus-KA-11 A 9499

College Bus -KA 11 B 1085

College Bus -KA -11 B 1228

13,39,5455 15 1,00,466 12,39,079

1,00,466 45,99,652| 36,41,301 77,37,347

12,39,079 13,39,545

73,18,359 50,18,640

1,00,466 36,77,058| 165 9,22,594

15

Total-D

BLOCK V 73,96,109 73,96,109

10,97,70,949

76,22,092 76,22,092

74,47,399 11,72,18,348 6,73,85,30S

2,25,983| 2,25,983

71,06,810 40 71,06,8100

72,79,303- 72,79,303

68,07,612 7,41,92,917 4,23,85, 6444,30,25,431

1,72,493 1,72,493

,39,299

2,89,299 3,42,789 3,42,789

Library Books

Total-E

Grand Total (A}+{B}+{C }HO)(E) NQTE: Depreciation has been provided on additional assets acquired during the year.

ANA Un

of. -

ARDH

ANTA

MAHARAJA INSTITUTE OF TECHNOLOGY, MYsORE

Managed By: MAHARAJA EDUCATION TRUST Behind K.R MIlls, Belavad, Srirangapatna, Mandya 571 438

FEE RECIVABLE FROM STUDENTS 2017-18 LAmount PARTICULARS

BE-STUDENTS

PARTICULARS Balance B/

Amount 20,18,360

ss HARSHA GOWDA M K (4MH17ME037) 56HARSHITH HS (4MH17CV035)

s7 HARSHITHA T M (4MH17CS028)

s8 HASAN DANISH MG (4MH15CV040)

(4,000Ns9[HASEEB AHMED DANISH (4MH17CS030)

60 HEMANTH JS (4MH17ECO35)

63,000 61 INCHARAK. (4MH14Cvo36)

(2,000) 62JAGRUTH .D.s. (4MH16IS026)

10063AIDEV V P (4MH13ME041)

1006ANARADHAN MP (4MH16ME044) 65 JAVERIA FATHIMA (4MH17CV040)

B6JOHN PAUL V (4MH15ECO41) 67 KARTHIK.K. (4MH15ME406)

68KARTHIK R-MEC (4MH17ME048)

55,20069KAVYA M P (4MH16EC411)

38,00070|KEVIN FRANCIS (4MH14ME038)

(OH71 KIRAN KUMAR.B (4MH15IS037)

72 KIRAN KUMAR.V.J (4MH13IS101)

5,0003 KIRAN R-CIV (4MH15CV411)

18,09014|KISHOR K (4MH17ECO47)

75,00075 KRUTHIKARAJ R (4MH15Cv047)

(500) 76 LAKSHMI L-CSE (4MH17CS407)

23,000 77|LATHA.S. (4MH15IS040) 1,05,00078|LAVANYA.T.S. CSE (4MH15CS042)

79 LIKHITHACK (4MH17IS013)

20,100Bo|LIKITH.S.RAJ (4MH17MEO52) 1,06,000 81 MADANKM (4MH14Cv053)

82MADHU AN (4MH15CV413)

11,00083 MADHUSUDHANA M (4MH17MEO53)

6,00084 |MAHADEVU MS (4MH17MEO54)

85 MAHESHA M (4MH17CV418)

42,29086 MAHESH M- MEC (4MH15CV133)

(4,900)87 MAHIMA BHASKAR (4MH15CS046)

(500)88|MALLIKARJUN- MEC (4MH17ME413)

(2,000N89| MANASA .M. ISE (4MH14ISO52)

36,70090 MANAS NAIDU P (4MH17ME056)

91 MANISHA R (4MH14ISO53)

92 MANJULA BK (4MH16CS407)

93 MANOJ GOWDA K M- ECE (4MH12EC126)

54 MEGHANA.S.N. (4MH16MEO59)

(17,590) 95 MEGHASHREE H K (4MH17CSO43)

15,300 96 MITHUN RAJ B (4MH16ME122)

50,00097|MOHAMMED ARSHAD ALI (4MH17CVOS9)

(500) 98 MOHAMMED FAISAL KHAN (4MH15MEO59)

15,00099 MOHAMMED SAJJAD ALI (4MH14MEOS8) 41,0001o|MOHAMMED SUFIYAN.s. (4MH151IS049)

30,000 101 MOHAMMED ZAID PASHA (4MH10ECO50) 50,500öz|MOHAMMED ZEESHAAN (4MH15CvO56) 55,000 103 MUKUL N BABEL (4MH15CS049)

56,000 104|NAGARAJU.R. (4MH14ME062) (0) 105 NANJUNDA H R (4MH14MEO64)

35,000 106| NANJUNDA SWAMY R (4MH14MEO65) 54,50017|NAVEENA.J.M. (4MH1_cvO61)

3,00,000108| NAVEEN KUMAR.M (4MH14MEO67)

109 NAVYASHREE N (4MH14CS054)

110 NAWAZ AHAMMAD (4MH17CV421)

Balance C/f

48,000 1 AAKASH BAGALE (4MH14CSO01)

2 ABHILASH JAIN.T.P (4MH15MEO01)

3 ABHILASH M (4MH16ECA00)

aABHISHEK .M.E. (4MH1SEC400)

s ABHISHEK .M.V. (4MH17ECO01)

6 ADARSH.N.B (4MH14ME0OS)

7 AISHWARYA HS-ISE (4MH14CV143)

s AISHWARYA PRAKASH (4MH14IS005))

9AISHWARYA VN (4MHI51So02) 10 AJAY.S. (4MH1SEC401) 11 AKASH.R (4MR13MEO08)

12 AKSHAYXUMAR V-CV (4MH16CVO07))

13 AKSHAY.N. (4MHI7ME401) 14 AKSHAY P (4MH13CVO10)

15 ALISHA MACANZAM (4MH16CS006)

16 ALLAMA PRABHU VANSHAKRU TAMATH (4MH16151

17 AMRUTH GOWDA B K (4MH17CS013)

18 AMULYAMC(4MH14cSoos) 19 ANDRONICUS D (4MH15ISO08) 20 ANUSHAS.P. (4MH17Cvo07)

21 ARJUN.M. (4MH17IS007)

22 ARPITHA.G. (4MH14IS015)

23 ARSALA AEMAN TAJ (4MH14IS012) 24 ARUN N (4MH171S009)

25 ASFIYA JABBAR (4MH14EC012)

26 ATIQH KHAN (4MH16cv015)

27 AVINASH.S.- MEC (4MH13ME019)

28 AVINASH Y (4MH14CS014)

29 BEERESH MP (4MH17Cs014)

30 BHARATH KUMAR M (4MH17CV011)

31 BHARATH.S-MEC (4MH17MEO12)

32 BHARATH.S S/o Suresh (4MH14Cvo18)

33 BHAVANI BA (4MH16EC014)

34 BHOOMIKA H P (4MH16ECO15)

35 BHOOMIKA M RAO (4mh16is012)

36 BHUMIKA GJ (4MH15IS015) 37 CHANDAN GOWDA C D

38 CHANDRASHEKAR .M.A. (4MH16IS015)

39 CHETHAN M (4MH17cvo19) 40 CHIRANTHAN.B.S. (4MH16CV403)

41 CHIRDEEP.N.R (4MH14CV127)

42 DEEKSHITH.R. (4MH15MEO29)

43 DEEPIKA .M.B. (4MH16ECO25)

44 DHANUSH A. (4MH14CV028)

45 DHANUSH GOWDA D T (4MH17ECo24)

46 DHANUSHREE D (4MH15CSo26) 47 DILIP KUMAR S (4MH17ME030)

48 DIVYA R (4MH15CV032)

49 DRUPADH BV (4MH1715019)

so FAISAL SHARIFF (4MH17MEO31)

51 GAGANN GOWDA (4MH14ECO31)

52 GANAVI R (4MH17CS023)

53 60UTHAMRAJ S (4MH17ME410)

54 HARSHA.A.G. (4MH15Cvo39)

5,000

52,000 1,25,000

100 1,000 (50,000) (5,000) 75,000

65,000

3,000 (2,790 25,000

1,23,000 1,19,230

20,000

1,25,000 91,000

10,000 50,000

80,000 11,000

66,000 50,000

(2,000) 20,000

28,000 1,26,000 ,970

71,5

17,590

75,400

5,200

6,000 50,000

(500) 17,900 48,110

71,500 33,400

55,000

15,000 17,590

2,59,230

85,100

25,000

S00

10,000

1,45,000 1,10,000

40,000 20,000 77,000

50,000 96,000

88,030

65,000

70,000 50,000 64,000

(41,590) 50,000 76,0

1,50,000 (3,090) 13,000

3,36,500 43,200 18,890

300 12,100

20,000 49,86,850

Balapee.aRO 20,18,360



Behind K.R Mills, Belavad, Srirangapatna, Mandya - 571 438

FEE RECIVABLE FROM STUDENTS-2017-18 Amount

PARTICULARS Balance B/f

Amount49,86,850

PARTICULARS

Balance B/f 75,20,785

65,300 166 SINDHU.V.M. (4MH15CS089)

30,000 167 SNEHA V M (4MH17ECO90)

20,000168 SONU.S (4MH14CS128)

55,000T69 SPOORTHY R NAYAK (4MH17IS077)

1,05,000 170 SRIKANTH .H.M. (4MH14EC104)

16,970 171 SUDHARSHAN KUMAR, A. (4MH14EC420)

13,300 172 SUHAS K GOWDA (4MH14CV105)

300 173 SUHAS MS-CIV (4MH17CV433)

1,000 174 SUHAS VARDHAN S (4MH17CS418)

(500) (500)176 SUMAN S (4MH13CS106)

5,000 177 SUTHAN.S.M (4MH15IS098)

10,000A78 SYED FARAZ AHMED (4MH17CS107)

30 179 SYED MAAZ (4MH16CS107).

1,24,000 180 SYED MOHAMMED HAYATH N (4MH141S104)

300181 TAKSHA RAKKHITA .N. (4MH12ISO59)

55,4001182 THEJAS THIMMAIAH.C.T.

(4MH16ME022)

85,000 183 THUSHARA.G. (4MH14EC111)

1,19,500184 ULLAS GOWDAS (4MH17IS090)

28,000185 VAISHNAVI.R. (4MH17CS419)

15,000186 VARSHINI.V.S (4MH15EC101)

(24) 187 VARUN.S (4MH13ME115)

28,300 188 VINAYAKA SANNAPPA GAQNKAR (4MH14CS117

5,000 189 VINAY.B. (4MH14EC116)

3,100 190 VISHALJ. (4MH161S123)

11,500 191 VISHWARADHYA (4MH17EC106)

300 192 VISHWAS B R (4MH16CV428)

82,250 A93 VIVEKANAND (4MH15cS113)

42,000 194 YADUNANDAN NAYAKA .S. (4MH17ME116)

1,54,000195 YANKAPPA (4MH13ME123)

(10,000)196 YASHAS.c.M (4MH17ME117)

(1,000) 197 YASHASwINI M K (4MH17CV121)

31,000 198 YATEESH .K.Y (4MH14EC122)

1,100 30,000

63,000 51,500

98,000 13,800 33,000

111 NEHAS (4MH16CVO71)

112 NIKHIL HS (4MH17IS042)

113 NISARGA S-CSE (4MH17CS051)

114 NISHALBR (4MH17ECO64)

115 NISHANTH B M (4MH17IS044)

116 NISHANTV (4MH15MEO68)

117 NITHIN N (4MH13ME416)

118 NOOTHAN.C.R (4MH15ME416)

119 NUTHAN.M (4MH13CVo81)

120 PARIKSHIT NITYANAND HEGDE (4MH16ME075)

121 PAVANAKUMARI D N (4MH16CVO77)

122 PAVAN VISHNU KS (4MH17IS046)

123 POOJA H (4MH17CV071)

124 POOJA NP (4MH14CSo65)

125 POOJA SHANKPAL (4MH14CSO66)

126 POOUITH M (4MH16ME077)

127 PRADEEP R NAYAKA (4MH16ME078)

128 PRAJWALP. (4MH17CSO62)

129 PRAMOD.H.V (4MH15CV138)

130 PRASHANTH G (4MH17ISO50)

131 PRAVEEN KUMAR HB (4MH16CS410)

132 PREETHI M B (4MH17ME071)

133 RAGHAVENDRA .B.U. (4MH14CV074)

134 RAGHAVENDRA H K (4MH17MEO75)

135 RAKESH.S - MEC (4MH14ME078)

136 RAM PRASAD (4MH14IS070)

137 RANJITHA C (4MH14IS072)

138 RATHISH KUMAR.D. (4MH16EC420)

139 RAVIKUMAR.N. (4MH13IS064)

140 ROHITH KUMARJ. (4MH17CS071)

141 ROOPESH PANDE MS (4MH15cv08s)

142 ROSHAN S (4MH14ME083)

143 RUDRAMUNI.T.S (4MH14MEO84)

144 SACHIN.K.M. (4MH15CV428)

145 SACHINV (4MH17cV087) 146 SACHINVN (4MH16CS088)

147 SANDESH GIRI.B.C. (4MH16CS089)

148 SANDHYARANI.R (4MH14CS126)

149 SANJAY CS (4MH16ECO93)

150 SANJAYCS-MEC (4MH17MEO86)

151 SANJAY .M. REVANKAR (4MH16EC096)

152 SANJEEVAKUMAR AMARGOL (4MH14CS414)

153 SANTHOSH KUMAR V (4MH13MEO97)

154 SHAH FAHAD KHAN (4MH16MEO98)

155 SHAHNoOR AFREEN (4MH15IS079)

156 SHAMSIYA S A (4MH16CS095)

157 SHARANU.S.ARUN (4MH16ME125)

158 SHASHIKALA. H.S (4MH14EC087)

159 SHASHWATHI NAYAKA .M.P. (4MH15IS080)

160 SHOBHRAJ B K (4MH17CS087)

161 SHREYAS.G. (4MH16ME124)

162 SIDDESHA M (4MH16CS416)

54,500 33,000

55,000

175 SUHEB PASHA M A (4MH17ME098) (1,500) 75,000

(56,000) 55,450

(40,000) 40,000

(4,994)

1,08,000 1,30,000L

55,000

75,000 73,500 (1,500) 23,200

5S,000

2,000

50,300

2,000

56,000 5,000

55,500 (500)

1,06,500

33,000 199 YOGESH.M ECE (4MH13EC126)

25,000 (18,090

(0 71,000 200 ANITHA H G (4MH17 MCA70) 6,000201 BHAVANA M R (4MH16MCA71)

80,000 202. DARSHAN .N.S. -MCA (4MH15MCA07)

97,600 203 KARTHIK GOWDA (4MH15MCA08)

37,500 204 MADHUSHREE B S (4MH15MCA10)

98,400 205 MAHADEVA PRASAD M M (4MH16MCA15)

1,30,200 206 MANJULA S (4MH17MCA08)

100207 MEGHANA GR (4MH16MCA76)

1,00,000 208 MEGHANA H D (4MH16MCA16)

20,200 209 PAVAN KUMAR.R. (4MH16MCA23)

1,50,000 210 ROOPA.B.V. (4MH15MCA18)

27,700211 SHANSON D'SOUZA (4MH17MCA19)

1,05,25012 SHARATH V M (4MH14MCA38)

40,000 213 SREENIVAS H M (4MH16MCA84)

18,300 214 SUMANTH.M.P. (4MH17MCA85)

1,01,000215 SURAKSHA C R (4MH16MCA85)

2,80,000 6 VEERESH H N (4MH16MCA44)

36,250

23,000 88,39,641 TOTAL-A

MCA-STUDENTS 24,040

(10) (100)

25,000 30,000

(10) 10,110

,890

(10) (10)

25,000 55,000 50,000 29,190

5,110

163 SINCHANA CL (4MH16IS097)

164 SINCHANAKRISHNA A (4MH16EC105)

165 SINDHU.C.L. (4MH17CS092)

(10) 5,290

Balance RO L75,20,785 TOTAL B 2,83,480

MAHARAJA INSTITUTE OF TECHNOLoGY, MYSORE


Behind K.R Mills, Belavadl, Srirangapatna, Mandya - 571 438

FEE RECIVABLE FROM STUDENTS-2017-18

LAmount PARTICULARS Balance B/f

Amount 2742,780 PARTICULAARS

MBA DEPT (10) 268 SANTOSH B

10,610 269 SATHYA NARAYANA R (4MX16MBA34)

40,400 270 SHARATH A (4MX17MBA46)

(3,140) 271 SHASHIKUMARA.D.M (4MX17MBA48)

1,80,000 272 SHIVAKUMAR A E (4MX17MBA49)

1,15,000 273 SRINIVASA T -MBA (4Mx16MBA45)

2,000 274 SYED AFRIDI (4MH17MBAS1)

95,100 275 SYED HARIS SHOWKATH PEER.S. (4MX17MBASS

80,000 276 VEERESH DM (4MH17MBA53)

80,000 277 VINAY B M (4MH17MBA54)

65,500 278 VINUTHA (4MX16MBA58)

86,000 25,000

65,000

65,000 40,610 217 ADITHYAS MBA (4AMH16MBAO1)

218 AKSHAY A - MBA (4MH17MBA04)

219 AMRUTHA A X (4MH16MBAO6)

220 ANITHAA. (4MH17MBA07)

221 ARPITHA N-MBA (4MH16MBA09)

222 ARPITHA R (4MH16MBA10)

223 AVINASH RAJU.M.N. (4MH16MBA13)

224 CHAITHANYA M (4MH16MBA16)

225 CHANDAN.P.-MBA (4MH17MBA12)

226 CHANDRASHEKAR RAO N (4MX17MBA07)

227 CHARLES CHARVIYAR S (4MH16MBA17)

228 CHETHAN KUMAR S-MBA (4MH16MBA18)

229 CHIRANTH MP (4MH16MBA21)

230 DEEPIKA KS (4MH16MBA22)

16,400 25,000 15,000 SS,610

1,00,000 80,000 20,210 65,000

32,90,610 TOTAL C

MTECH (10) 20,610 77,000 279 ROOPA.R.-CSE

60,000 280 THANUSHREE - M TECH (4MH16SCS13)

50,000 231 DHEEKSHITHA K V (4MH16MBA23)

32 GIRISHA V (4MH17MBA16)

233 HEMANTH M B (4MH17MBA18)

234 JAGADEESHA S (4MH16MBA28)

235 JAYANTH M-MURALIDHAR (4MH16MBA29)

236 KALPANA (4MH16MBA30)

237 KARTHIK D M (4Mx17MBA13) 238 KEMPEGOWDA B N (4MH16MBA32)

69,590 90,200 TOTAL -D

CRASH COURSE 25,200 44,030

2,000 281 DARSHAN H M (CIV) (4MH13CVO32)

75,400 282 KARTHIKA- ECE (4MH14EC404)

50,610 283 RAKASHITT (4MH13CS415)

65,000

39,500 9,750

93,280 TOTAL E

COC&PASSED OUT STUDENTS-BE & PG 25,000

239 KENDAGANNASWAMY H N (4Mx17MBA16)

240 KIRANAKUMARA (4MH16MBA34)

241 KRUTHIKA K (4MH16MBA37)

242 KUSHAL M K (4MH16MBA38)

243 KUSHAL M N (4MX17MBA19) 244 MADHUS - MBA (4MH16MBA45)

245 MADHUSUDHAN KS (4MH16MBA46)

246 MADHUSUDHAN M (4MX17MBA21)

247 MAHENDRA J M (4MH16MBA47)

248 MAHESHWARI D (4MH16MBA48)

249 MAHMAD SHAHID (4MX17MBA24)

250 MANAGALAKUMARI (4MH16MBA49)

251 MANJU M -MBA (4MH16MBA51)

252 NANDINI H- MBA (4MH16MBAS59)

253 NISARGA B B (4MH17MBA27)

254 POOJAHV (4MX16MBA07) 255 POOJAN-MBA (4MX16MBA08) 256 POOJA.U.S. (4MX16MBA09)

257 PRADEEPA M N (4MX16MBA10)

258 PRAJWAL R -MBA (4MH17MBA28)

259 PRATHAP.H.P. (4MH17MBA29)

260 PRAVEEN KUMAR GM (4MH17MBA30)

261 RAKSHITH L -MBA (4MX16MBA17)

262 RASHMI R - MBA (4MX16MBA19)

263 ROHITH G (4MX16MBA24)

264 ROOPAN (4MX16MBA25)

265 SAHANA R - MBA (4MX16MBA 27)

266 SAJJAD ULLA KHAN (4MX16MBA28)

267 SANDEEP (4MX16MBA 30)

(50,000) 25,000 S5,500 284 ADNAN AHMED SUJA (4MH15CV401)

30,100 285 AMULYA B (4MH13MCA03)

77,000 286 ASHWII .R. (4MH16MBA11)

90,000 287 CHANDAN.S.M (4MH11CV007)

72,000 288 CHETHAN BC

30,000

200 289 CHETHAN KUMAR, K. (4MH11CV008)

54,500 290 CHETHAN KUMAR.M.R (4MH09CS094)

25,100 291 GIRISH LC

9,250 292 LAVANYA.T.S.

,500 (75,000)

5,000 3,000

(1,65,000) 30,000

1,000 53,000 64,000

610 293 MAHENDRA SWAMY (4MH11CVo19)

75,100 294 MANOHAR.S.M. (4MH12EC418)

10,000 295 MILIND NOEL.N. (4MH13CSO56)

35,100 296 MOHAMED (4MH14CSOs0)

10,610 297 PRADYUMNA V J (4MH16ME079)

75,000 298 PRAKRUTHI KN (4MX14MBA10)

55,000 299 PRAVEEN H M (4MH14CV070)

1,28,000500

55,000

2,45,000 300 P SHASHANK ARASUR

15,100 301 PUNITH KUMAR S (4MX16MBA13)

65,610 302 PUNITHKUMAR.Y.K (4MH12MTP13)

58,000

15,000 30,000 15,000 20,000

1,00,000 303 RAJENDRAPRASAD B.T (4MH13Cvo93)

1,00,000 304 RAKSHITH S-CIV

75,300 305 RITHIK JAIN

55,300 306 SAHANA S-MCA (4MH13MCA46)

(10) 307 SANTHOSHA B J (011125002000141)

78,640 308 SAVITHA GONAL (4MH15SCS06)

97,000 309 SHABAZ KHAN (4MH14MEO88)

3,500 310 SHAMBULINGA L (4MH14ME416)

(1,50,000) (31,000)

1,00,000 40,000

1,000 (41,590) 58,530

1,000

27,700 25,610 311 SHREYAS G NAYAK

312 SOMASHEKAR MS (4MH16CS418)

Balance C/f

WARD 27,42,780 3135YEDA UMEELA (4MH16IS112)

314 UMASHANKAR (4MH14CV425)

315 YONIS AHMAD BAD00 (4MH14CV125)

TOTAL-F

(25,000) 5,00

16,000 2,73,640

1,28,70,851 TOTAL -(A+B+C+D»E+F)

AAN




(Amt in Rs)

sCHEDULES TO ACCOUNT: 2017-18 (Contd..)

BANK RECONCILIATION STATEMENT

1 Bandhan Bank CA-10170000948117

Balance as Per Bank Book as on 31.03.2018

Less: Cha Presented But not Realized

Date 28/03/2018

27,108

Ch No AmountName

Akshay Kumar V 25,0002,108

25,000

Balanceas per Pass Book

2 KGB-SB-85031951902 28,26,716|


Add: ChqIssued ButNotRelized

Date 09/01/2017 EXP-TELEPHONE CHARGES

13/04/2017 EXP-GARDEN MAINTENANCE

15/06/2017 EXP-PRINTING & STATIONERY

28/06/2017 EXP-EXAM REMUNERATION


30/08/2017 KANCHANA D(4MH16EC410)

06/09/2017 RANJITHA.B.M.(4MH16MCA80)

09/11/2017 SC-NET POINT

16/11/2017 MET-WF

07/12/2017 EXP-TRAVELLING AND CONVEYANCE

14/12/2017 FEE RVBLE-soCIAL WELFARE DEPT

28/12/2017 EXP-ADVERTISEMENT & SPONSORSHIP


27/02/2018 EXP-ADVERTISEMENT& SPONSORSHIP

09/03/2018 SC- Atlanta Business Services Professional Courie

09/03/2018 SC-Suneet Electricals

15/03/2018 FA-Builiding Construction-PG Block

15/03/2018 SC-RAJAN ELECTRICALS

15/03/2018 SC-Suneet Electricals

19/03/2018 SC-N.P.DHARANAPPA

19/03/2018 MOHAMMED SAQLAIN(4MH17ME060)

22/03/2018 SC-NET POINT

23/03/2018 SC CHARAN TECHNOLOGIES

28/03/2018 SC-KSRTC, MYSORE- Urban Division

28/03/2018 SC-ENGINEERING TOOLS & EQUIP

28/03/2018 WASIQ.M.K{4MH15EC108)

28/03/2018 SWANDANA E R(4MX17MBA53)

31/03/2018 EXP -Exam Remuneration

31/03/2018 EXP -Exam Remuneration

13/03/2018 VIKHYATH.P.(4MH16CV121)

Amount Ch No 028597 Name 480

030428 150

030583 1,000

029534 504

031120 1,620

249108 4,800

249062 110

250127 2,150

250718 2,500 251059 8,033

251388 4,240

250639 5,000

248827 315

252300 20,000

252612 1,527

252613 3,599

252261 4,500

252262 2,889

252266 2,419

252552 2,070

252555 54,800 252556 950

252563 99,592 252567 16,60,483

252568 2,313 252571 49,800 252570 49,800

(504) (945)

(10,400)

031296

031096 939487 19,73,795

48,00,511 Balance as per Pass Book

3 KMB-SB-3211312634


Less: Chq Presented But not Realized Date

10/11/2017 MANIRATHNAM.R(4MH14MEO76) 27/8/2018|KAVYASHREE .R.(4MH16EC412)

2,14,65,770

|Name Ch Na Amount 13,300

136899 50,000 63,300 2,14,02,470 AAN

Balance as per Pass Book

MAHARAJA INSTITUTE OF TECHNOLOGY- MYSURU (MITM) MANAGED BY: Maharaja Education Trust (R) Behind K.R.Mills, Belavadi, Srirangapatna, Mandya - 571 438 SCHEDULES TO ACCOUNT: 2017-18

22 NOTES TO ACCOUNT:2017-18 22.1 ABoUT THE INSTITUTION: Maharaja lInstitute of Technology Mysore (MITM in short) is promoted by Maharaja Education Trust(R) (the Trust® or MET in short) offering Technical & Managem

courses. MITM is affiliated to Vishveswaraya Technological University (VTU) and also recognized by the All lndia Council for Technical Education (AICTE). Currently, more than 2,990 stude

studying in B.E, MCA, MBA & M.Tech courses.

21.1 REGISTRATION PARTICULARS: 3800677 dtd 17.12.2007 Profession Tax Registration No.

Provident Fund Registration No. KN/MYS/00036822/000 DTD 1.9.2007 ESI Registration No. TAN

73000311990001303 dtd 12.1.2012 BLRM 12688 E

ACCOUNTING POLICIES a) The Books of Account have been maintained under Mercantile System of Accounting. b) Recognition of Fee Income: All receipts due for the current year from the students are accounted

on accrual basis. Application fee, examination fee & fees received for short recoveries of the earlier years are accounted on receipt basis. Tuition fee receivable from Social Welfare department is recognized at the time of applying for scholarships and amount receivable from BCM project is accounted on receipt basis.

) MITM has maintained its books of account in Tally ERP 9 accounting software with student info special pack. It has raised both manual and tally generated receipts towards fees and other collections. The manual receipts are entered in Tally at the end of the day.

d) The numbering system for computerized receipts/payments is automated in Tally ERP 9. This numbering is prone to changes after the bill is generated & documented as the Tally ERP9 renumbers whenever there is cancellation of the incorrect entries or rectification of postdated receipts etc. Hence, there can be discrepancy in numbering of some of the entries when printouts were taken on subsequent days of changing the entries. Further, as the receipts are entered/ recognized as and when they are reconciled with actual fee collection, some discrepancy can be noticed between the date of issuing receipts & date of their recording in the books of account.

e) The fee structure for the year is fixed by COMED-K & CET CELL for students admitted through different entrance examinations & for the remaining students (Management quota) it is fixed by the Management. However the President, Secretary, Joint Secretary and Principal are authorized to identify the deserving students and give fee concession. For instance, students who have opted to pay the entire fee for all 4 years at the time of admission itself are given fee concession. Similarly, students from Gopalaswamy Shishuvihara Independent PU College, getting admission to engineering course are also given 10% fee concession. Hence, the fee structure is not same for all the students studying in the same course. As per the policy, standardized fee is recognized as income and whatever concession given is treated as education/charitable expenses. Various departments of the State Government had conducted Recruitment Examinations in MITM campus. The amount received by the College as remunerations/Service charges is after deducting tax at source U/s 1941 of the Income Tax Act, 1961 by such examination authorities. These amounts are included in other income as can be seen in Schedule 3.

g)Transportation/Registration/University Fee account pertains to the Bus fare collected from the studentsARe year, College Fee, Registration Fee etc. as prescribed by the Management.

MAHARAJA INSTITUTE OF TECHNOLOGY- MYSURU (MITM) MANAGED BY: Maharaja Education Trust (R)

Behind K.R.Mills, Belavadi, Srirangapatna, Mandya - 571 438 SCHEDULES TO ACCOUNT: 2017-18

h) Fixed Assets are stated at Historical Cost less accumulated depreciation thereon. Depreciation has been provided for the fixed assets purchased and put to use during the year als0, at the rates adopted by the Management to write off the assets over the life of the assets. The rates are lesser

than or equal to the rates prescribed under the Income Tax Rules, 1962. 1) All expenses of MITM are either supported by regular bills or internal documents. In order to

have proper control over the fixed assets acquired and its workings, all the original bills,

guarantee cards, after sales service particulars are held with the department concerned where

the assets are used.

21.3 ASSETS AND LIABILITIES:

i. Research & Project Grants: It is the policy of MITM to treat all the R & D grants as liability. Any

funds spent in excess of grant received to be treated as expenses. Utilization certificates are

submitted to the granting authorities concerned as per the requirements stipulated in the grant

orders. All such grants related particulars are given in schedule 7.

ii. FEE RECEIVABLE FROM KEA: The students (1st Year) who get admitted to engineering courses

through CET conducted by Karnataka Examination Authority (KEA) pay the tuition fee to KEA.The

KEA, after allocation of the seats by the VTU, transfers the aforesaid amounts in four installments

to MITM. MITM has control over such fee receivables from KEA, Which has been narrated in

Schedule 4(a). ii. FEE RECEIVABLE FROM SOCIAL WELFARE DEPT: The eligible students belonging to SC/ST

categories are not required to pay the tuition fee as per the guidelines from KEA. Such students

are mandated to apply for scholarship from Social Welfare Department (Engineering, MBA, MCA

and M.Tech), Govt. of Karnataka to compensate the tuition fee to the College. Tuition fee of those

students are shown as fee receivable from Social Welfare Department (refer Sch 4(e)).

iv. VTU Examination Fee Payable: The balance in VTU examination Fee payable A/c includes

Examination Fee payable to VTU for the examination conducted in the earlier years. Since there is

no specific direction from VTU regarding the payment of the balance amount till date, The

Management has decided to hold the amount and pay it once it receives the payment directions

from VTU.

ISTE Membership Fee receivable: Pertains to the Membership Fee paid by MITM to ISTE on behalf

of the newly recruited teaching staff during the Financial Year 2016-17 at Rs.3,000/- each. This

amount is receivable by the College from the staff concerned is received subsequent Financial

year 2018-19.

V.

21.4 INCOME AND EXPENDITURE:

a) In order to provide facilities such as canteen, stationery to the students, MITM has rented out a

portion of its premises for different unrelated persons at concessional rent. Even though the

shops change frequently the rent from these shops have been accounted on due basis.

b) BUS HIRE CHARGES: include payments made to KSRTC and Sri Panchalingeshwara Motor Services (SPMS). As KSRTC bus hire charges were increasing and found unreasonably higher,

MITM decided to utilize the services of private bus service provider- the said SPMS at Rs.34/Km.

(inclusive of all the repairs and maintenance, driver bata, fuel charges and other expenses). In

this connection MITM had given a total loan of Rs.87.05 Lakhs including previous loan (2015-16

& 2016-17) as on 01.04.2017 for the purchase buses in the name of MITM with the condition that the buses so purchased would transferred to SPMS after the closing of the above loans. Until

then the mehly hire charges are paid to SPMS by MITM after deducting Principal of aforesaid

MAHARAJA INSTITUTE OF TECHNOLOGY- MYSURU (MITMJ

MANAGED BY: Maharaja Education Trust (R)

Behind K.R.Mills, Belavadi, Srirangapatna, Mandya - 571 438

SCHEDULES TO ACCOUNT: 2017-18 For safety and

loan and interest thereon (calculated as per the EMI calculator software).

security of the money lent these buses are registered in the name of MITM. Its possession,

maintenance, risk and responsibility vest with SPMS as per agreement. Therefore these buses

are not brought into the accounts of MITM. Due to this arrangement MITM is able to save

about

30% in hire charges.

c)Expenses incurred towards purchase of materials, chemicals and lab items for chemistry, civil,

computer, E&C, Information Science, Mathematics, MBA, MCA, Mechanical and Physics lab are

shown under the head Academic Expenses in their respective department (Sch 13b).

d) Telephone charges pertain to landline and mobile phone charges. Mobile Sim cards are provided

to members with fixed minimum charges. Charges in excess of the fixed minimum charges would

be recovered from salary of the staff.

e) Remuneration of teaching and non- teaching staffs include salary and arrears paid to the staff

and stipend paid to 2 research scholars working in MITM under Maharaja Research

Foundation

(MRF). The fee collections, Stipend paid to the research scholars and all other expenses related

to MRF are accounted in the books of MITM itself.

Library Expenses include journal subscription renewal charges, Magazine subscriptions and

VTU consortium annual membership fee.

gTransportation charges include travel charges paid to guest faculty, Bus hire charges (KSRTC)

and Petrol and Diesel charges of vehicles of MITM.

h) In case of Necessities, funds are transferred from/to MET or MITT which are treated as internal

contributions. As they are purely internal in nature, it gets squared off on consolidation of

accounts.

i)Miscellaneous Income pertains to the sale of old newspaper, books, Scrap items etc., 3rd party

Consultancy Fee, Salary recovery from Staff, Library caution deposit. NSS grant is treated as

income due to its default in making payment to concerned departments.

During the year, MITM has incurred an Excess of lIncome over Expenditure of Rs.1,14,78,570/- as

against an excess of Expenditure over Income of Rs.2,66,90,767/

k) Books of account:

Cash book, General Ledger in tally.ERP9.

All receipts are through computer generated receipts. Expenses vouchers- manual.

Bank passbooks.

As per my report For MAHARAJAINSTITUTE OF TECHNOLOGY, MYSURr Of even date attached

Dr.S.MURALI President

DRESH KUMAR BG G.N.ANANTHAVARDHANA

Dr.T.VASUDEV Principal

Chartered Accountant Secretary

Date: 12.10.2018

G.N. ANANTHAVARDHANA Chartered Acou.ants Membersiiup tio. C25113

#65, Gurikar Devarnna St., I Cross Fort Mohai!s. VY' , r: 1

SHIVARAP Accountant

G.N.ANANTHAVARDHANA, FCA No.65,Gurikar Devanna Street,

1 Cross, Fort Mohalla, Mysuru-570 004

Tel No -0821 2447952 A Chartered Accountant,

Membership No -025113

PAN ACJPA6206B

AUDIT REPORT

I have audited the Balance Sheet of

MAHARAJA INSTITUTE OF TECHNOLOGY MYSORE (MITM In short)

Managed by: MAHARAJA EDUCATION TRUST (R) (the Trust in short)

Behind KR Mills, Belavadi, Srirangapatna, Mandya 571438

As on 31 March 2017 and the Income and Expenditure account for the year ending on that date which

are in agreement with the books of account maintalned by the MITM. These Financial statements are the

responsibility of the Management of the instltution. My responsibility is to express an opinion on these

inancial statements based on my audit.

I have conducted my audit in accordance with the auditing standards generally accepted in India. Those

standards required that I plan and perform the audit to obtain reasonable assurance about whether

financial statements are free from material misstatements. An audit includes examining on a test basis,

evidence supporting the amounts and disclosures in the financial statements. An audit also includes

assessing the accounting principles used and significant estimates made by the management, as well as

evaluating the overall financial statements presentation. I believe that my audit provides a reasonable basis

for my opinion. I report as hereunder:

1. Management has to take proper steps to collect tution fee from SC/ST students Rs 1.05 crores and

Rs 27.05 lakhs Tuition Fee from KEA.

2. The Balance in the Nepal Earthquake Relief Fund Rs.2,09,265/- being contribution received from

the Staff to be remitted to the Nepal Earthquake affected people has remained unpaid to the said

cause 3. The Management is advised to make a Rent agreement for the shop Let out to MIT Store, MITM

premises to Jayaram S.

Security Deposit with KSRTC divisions Rs.44,03,566/- is subject to confirmation. Revised agreement

copy to be procured by the College.

Sundry Deposits Sch 21 Rs.47,15,679/- and Loans, Advances & Other Current Assets Sch 5

Rs.1,25,31,057/- balances are subject to confirmation.

6. As per Rent agreement made with Kanthamani on 1.08.2016 for renting a shop in MITM premises

to run a shop named Energy Drinks, a secuirty deposit of Rs.15,000/- should have been collected.

Only Rs.10,000/- has been collected. MITM to take steps to recover the balance amount.

7. The activities of the MITM during the year 2016-17 has resulted in an excess of expenditure over

Income of Rs.2.67 crores as against an excess of income over expenditure of Rs.8.44 crores in the

Financial Year 2015-16.

Ihave obtained all the information and explanation which to the best of my knowledge and belief were

necessary for the purpose of my audit. In my opinion, the MITM has kept proper books of account so far as

t appears from my examination of the books.

In my opinion and to the best of my information and according to the information given to me, the

said accounts read with the schedules and notes thereon, subject to my comments herein above give a true

and fair view:

(a) In the case of Balance Sheet, of the state of affairs of MITM as on 31* March 2017, and

(b) In the case of the Income and Expenditure Account, the Excess of Expenditure over Income for

the year ending on 31 March 2017.

Place: Mysuru

G.N.ANANTHAVARDHANA

Date: 01.12.2017

Chartered Accountant



Membership No. 025113

# 65, Gurikar Devanna St., I Cross

Fort Mohalla, MYSORE-570 004


Behind K.R Mils, Belavadi, Srirangapatna, Mandya -571 438

RECEIPTS AND PAYMENTS ACCOUNT for the year ending 31st March 2017 RECEIPTS Sch Rs. Rs.

OPENING BALANCES:

Cash and Bank Balances 16,831,079

REVENUE RECEIPTS:

Academic Receipts Fee Collections 2 292,291,60S Bank Interest from: .

2,231,339 Fixed Deposits

Saving Bank accounts

Other Income Shop Rent, Examination Income 1,350,589 3,581,928

2,263,880

CAPITAL AND OTHER RECEIPTS:

Fee arrears received 415,627,712 16,037,538 Loans and Advances (Asset) received

Fixed Deposit - Matured

Research and Project Grants received 115,000,000

92,500 Orther Liabilities received 7,933,930

97,498,619 Contra- Salary Payable & Salary Deduction

Sundry Creditors for expenses 9

10 54,150,327

707,044,804 1,022,013,296

Tax deducted at source 11 704,178 TOTAL

PAYMENTS

REVENUE PAYMENTS: Remuneration to Teaching& Non-Teaching Staff Academic Expenses


12 100,261,764 13 7,412,398 14 3,770,108

Transportation Expenses Students, Staff & Others Repairs & Maintenance Public Charitable Expenses - Fee Concession

Financial Costs (Bank Charges & Interest on Loans) Internal Contributions to Mahoraja Education Trust (R) Internal Contributions to MIT Thandavapura College

15 24,653,137 16 2,881,214 17 12,710,410 18 172,075 151,861,106

144,062,344 21,440,930

CAPITAL AND OTHER PAYMENTS:

Sundry Debtor- Fee receivable- contra Loans and Advances(Asset) given Fixed Deposit-Made Research and Project Grants expenses

Other Liability

Salary Payable &Salary Deduction- remittances

Sundry Creditors paid

419,204,557 16,728,121 91,000,000

77,598 7,529,462

98,045,672 10 52,149,838

TDS remittance 11 680,126 Secured Loan repaid 19 660,552 Fixed assets Purchased 20 5,647,959 691,723,885

CLOSING BALANCES: Cash and Bank Balances

TOTAL For MAHARAJA INSTITUTE OF TECHNOLQGY, MYSORE

12,925,031 1,022,913,296

As per my report of even date attached

Presidemt Secretary G.N. Ananthavardhana

Chartered accountant Date: 01.12.2017

*****

MAHARAA INSTITUTE OF TECHNOLOGY, MYSORE Managed By: MAHARAJA EDUCATION TRUST


INCOME AND EXPENDITURE AcCOUNT for the year ending 31st MARCH 2017 Rs. INCOME Sch Rs.

Academic Receipts Fee Collections 2 292,291,605 Bank Interest trom:

Fixed Deposits 2,231,339

1,350,589 Saving Bank accounts Other Income Shop Rent, Examination Income 3,581,928

2,263,880 298,137,413

3

Total (A) EXPENDITURE

Remuneration to Teaching& Non-Teaching Staff Academic Expenses Administrative & General Expenses Transportation Expenses Students, Staff & Others Repairs & Maintenance

Public Charitable Expenses Fee Concession Financial Costs (Bank Charges & Interest on Loans) tnternal Contributions to Maharaja Education Trust(R) Internal Contributions to MIT- Thandavapura College

Depreciation on Fixed Assets

12 100,261,764 7,412,398 3,770,108

24,653,137 2,881,214

12,710,410 172,075

13

14

15 16 17

151,861,106 144,062,344 21,440,930 7,463,799

324,828,179 (26,690,767)

18

20

TOTAL (B) Excess of xpendtrture over licomel

BALANCE SHEET as on 31ST MARCH 2017 IABILITIES Sch Rs. Rs. GENERAL/CAPITAL RESERVE:

General Reserves: Opening Balance LESSEXceK ALEXAendinfe,oyer Income 140,595,538

(26,690,767) 113,904,771 GOVERNMENT GRANTS:

Research Project Grants & other govt. grants 7 14,902 14,902 LOANS/BORROWINGS:

Secured Loans- Vehicle loans 19 960,011 CURRENT LIABILITIES &PROVISIONS:

Other Liabilities - Caution deposit & Others

Sundry Creditors (for expenditure) Tax deducted at Sources payable Salary/Salary Deduction

8 4,172,540 10 (284,121)| 11 58,968

9,943,262 124,822,946

9 5,995,875S TOTAL

ASSETS FIXED ASSETS Gross Block at Cost

109,770,949 67,385,305|

20 Less: Depreciation Block Net Block at WDV

42,385,644 INVESTMENTS: Short Term Deposits with Banks

6 29,000,000 CURRENT ASSETS,LOANS AND ADVANCES:

Deposits Loans and Advances & other Current assets

21 4,715,679 12,531,057 23,265,536 12,925,031

Fee Receivable and Sundry Debtors

Cash&Bank 8alances 53,437,303

124,822,946 TOTAL As per my report of

even date attached For MAARAJA INSTITUTE OF TEÇHNOLOGY, MYSORE

Pider PrindipeP Secretary 6:N. Ananthavardhana CA Date: 01.12.2017

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE Managed By: MAHARAJA EDUCATION TRUST

Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438 SCHEDULES TO ACCOUNT: 2016-17 (Amt in Rs) 1 CASH AND BANK BALANCES:

As on 31.3.16 As on 31.3.177 292,366

Particulars Cash in Hand

271,614 Cash at Bank:

SBI CA NO. 30229582145, Commercial Branch, Mysore 128,071 18,915 SBICA NO. 30229582145, Commercial Branch, Mysore SBICA NO. 30229593112, Commercial Branch, Mysore

128,071 18,915 2,481,S56 2,404,656 SBI CA NO.30815639108, Commercial Branch, Mysore 32,386 31,604 Kotak Mahindra Bank- 3211437313, Kuvempunagar Br, Mysore Kotak Mahindra Bank-3211343522, Kuvempunagar Br, Mysore

627,830 7,362,739 148 ,480 Kotak Mahindra Bank- 3211343539, Kuvempunagar Br,Mysore Kotak Mahindra Bank - 3211343546, Kuvempunagar Br, Mysore Kotak Mahindra Bank- 3211312634, Kuvempunagar Br, Mysore Kaveri Grameena Bank- SB A/c No.85031951902, T.K.Layout Br, Mysore Kaveri Grameena Bank- SB A/c No.85031951695, T.K.Layout Br, Mysore Kaveri Grameena Bank-SB A/c No. 85031333907, T.K.Layout Br, Mysore Bandhan Bank -10170000948117 (POS Machine), Mysore Branch

347 6,571 20,728 16,267

621,958 800,132 12,457,070 1,848,383

185,370 97,554 13,065

29,300 Total 16,831,079 12,925,031

= Note: Bank Reconcilation Statements are given separetely at Page No. 2 ACADEMIC RECEIPTS: in Sch 1a.

PARTICULARS 2016-17 FEES FROM STUDENTS:

Bus Fees

5,598,500 Transportation/Registration/ University Fee 22,571,000 Tuition Fee

193,746,270| 21,570,000o

Tuition Fee- Package

Registration Fee (Outside Students) College Fee Placement Fee .

2,500

46,330,740 903,700 Other Fees

773,782 291,496,492 Total (A) FINE AND OTHER FEE COLLECTIONS:

Fine

433,988 Fee received - PhD- Research Center 140,825 Fee from detained students 7,500

582,313 Total (B) SALE OF PUBICATIONS:

Application Fee (Prospectus, Admission, Exam) 212,800 212,800 GRAND TOTAL (A+8 +C)292,291,605

Total (C) 3 OTHER INCOMES:

PARTICULARS 2016-17 Rent Received:

Shivarajugowda Canteen Coffee Day Shop MIT Store: Jayaram.S Energy Food Industries

Chat Center: Revanna Staff Salary Advance Interest

93,800 18,700 26,000 14,530 15,880 168,910

217,500 KPTCL Exam

68,000 KSRTC Exam **

37,000 Prometric NBE

121,710 Miscellaneous Income

642,362 Int on Vehicle Loan (Harsha CheluveGowda) 1,008,398

2,263,880

NHA e

Total 2,094,970



(Amt in Rs) SCHEDULES TO ACCOUNT: 2016-17

4 FEES RECEIVABLE Closing 8al Opening Bal 2,557,900

Receivable 26,494,96S

Received 26,347,820 Particulars 2,705,045

(a) From KEA (CET) (b) From COMEDK (PGCET)

(c) Change of College

2,805,000 1,963,500 841,500

(120,000) 404,290 579,290 (295,000)

(d) From Students: 52,000 52,000 BE 2015-16

2,331,520 285,587,222 281,540,012 6,378,730 BE 2016-17

270,000 15,539,630 15,670,765 138,865 MCA 2016-17

1,629,940 32,015,280 32,779,420 865,800 MBA 2016-17

94,390 3,601,020 3,683,800 11,610 MTech 2016-17

10,104,340 3,110,610 6,993,7300 Crash Course:2016-17

(5,000) (5,000) Detained student 2013-14

364,610 364,610 Detained student 2014-15

(e) From Social Welfare Dept:

BE &MBA/MCA/MTech ( Passed Out or Detained Student

(g) Fee Concession -BCM

12,789,270 9,113,720 11,388,230 10,514,760

300,000 300,000

32,822,480 19,688,691 419,204,557 415,627,712

Schedule 4a: Fee receivable from the list of Student5 has been given separatelyin Page No.

37,847,655 (4,884,504 23,265,536

140,671 Total

s LOANS AND ADVANCES: Opening Bal

3,716,739 Received

4,199,863 Closing Bal

3,203,596 Paid Particulars

(Sch 5a) 3,686,720 Salary Advance/Loans Advance to Staff for Expenses (Sch 5b) 69,961 9,526,424 9,489,366 107,019

5,148 Karnataka rtural Infrastructural Devp ltd

Harsha Cheluvegowda-SPMS

5,148 (Note 21.5{b}) 8,048,626 1,800,000 1,142,638 8,705,988

1,200,523 1,714,977 Total 11,840,474L 16,728,121 16,037,538|

514,454 12,531,057

Other Current Assets (Sch Sc)

Sa SALARY ADVANCE/LOANS: Particulars |Opening Bal Paid Received Closing Bal

Ananth, N.S, Accountant 37,800 105,000 S0,400 92,400 Anil Kumar, M M Asst Prof Mec 93,500 66,000 27.500

Arun Kumar Y N, Lab Asst, Phy 6,340 31,500 8,270 29,570 Ashok R 35,750 33,000 2,750

Balaraju-Gardener 6,300 31,500 13,860 23,940 Ajay CK-Asst Prof Maths

Acvind G- MCA Dept Chetan Kumar H B, Lab Asst, E&C

61,600 52,820 8,780 99,000 33,000 66,000

7,560 31,500 15,120 23,940 Chinnaswamy- Painter 9,880 31,500 17,440 23,940 Deepak.K.S 26,460 15,750 10,710 Deepu R, HOD, CS 33,000 33,000 Devamma, House Keeping 17,640 10,080 7,560 Devendra.B8 11,000 55,000 30,250 35,7S0 Dr.Manju B

Dr.Murali S., C.S Dept 27,000 234,530 168,010 93,520

860,000 220,000 240,000 840,000 Dr.8 G Naresh Kumar -Principal 120,000 120,000 Dr.VasudevT 105,000 500,000 605,000 Dr, Vijayalakshmi Dayal- Associate Prof 66,000 66,000 Eshwar, Helper S,670 31,500 11,970 25,200 Bommaiah R- House Keeper

Bhavyashree H 0 asst Prof -CSE Dept 15,120 10,080 S,040

1i0,000 16,500 93,500 HarishKumar.K.P 1,439 1,439 Dr Chethan HK 440,000

Balance C/d 2,086,059 440,000

2,056,550 HAVA 1,382,030 _1,411,539

MAHARAJA INSTITUTE OF TECHNoLOGY, MYsORE Managed By: MAHARAJA EDUCATION TRUST

Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438 SCHEDULES TO ACCOUNT: 2016-17 (Amt in Rs)

SALARY ADVANCE/LOANS: Particulars

Sa

Opening Bal 2,086,059

Received Closing Bal 2,056,550

Paid

Balance B/d 1,382,030 1,411,539 Hannaraju 8-CSE Dept 33,000 110,000 95,975 47,025 Gururaj M H 82,500 66,000 16,500 Harshith Diwakar 147,000 126,000 21,000 Kumar.K. (CSE)

Lethan M.N, ASst Prof E&C Dept 10,920 52,500 20,160 43,260 11,000 11,000

Madhu, K.V., Lab Asst, CS 46,200 46,200 Mahesh.S Garden Asst. 7,560 31,500 13,440 25,620 Jayamala 17,850 12,600 5,250 Kiran K S-Mec Dept Lakshamma - Helper

Maniyamma, House Keeping

Manjunath HK Manjunath 8, Asst Prof, MCA

18,900 12,600 6,300 10,710

12,000 10,710

23,500 11,500 8,400 105,000 25,200 88,2

11,000 110,000 33,000 88,000 Manu, Y.P., Lab. Asst., IS 18,900 18,900

12,600 Jagadeesh M- Ise Dept Mahadevaswamy M - Mec Dept

52,500 39,900 17,850 12,600 5,250

Mahesha- House Keeper 11,340 7,560 3,780 Punith.M.S. 11,850 11,850

Raghavendra.S-Accountant 305,000 305,000 Rajappa N, Helper 6,400 6,400 Ramakrishnegowda, Lab Asst, ME

Ramesh Kumar Hp, Lab Asst,IS

Mallikarjun MB-Finance Mgr

18,900 31,500 24,990 25,410 5,670 31,500 9,450 27,720

24,990 17,640 7,350 Ranjith Kumar C, Housekeeping 18,900 33,390 25,830 26,460 Ravikumar H, Asst Prof, EC 11,000 110,000 38,500 82,500 Ravikumar KS- Asst Prof -MEC dept 11,000 SS,000 27,500 38,500 Ravikumar T, PRO 203,000 120,000 83,000 Renuka S, Library Asst

Santosh E-CSE Dept 19,950 31,500 23,730 720 46,750 33,000 13,7

Padmavathi 84,000 50,400 33,600 Lakshamma - Mahesh 26,250 11,550 ,700 Shivakumar NG Manjunatha SC

5,670 31,500 13,230 23,940 18,900 12,600 6,300

Shivakumar 8, Mechanic, ME 9,240 52,500 21,756 39,984 Shivakumar-MBA 8,250 8,250 Shivaraj- Cv 21,000 5,040 15,96 Naveena V 15,120 10,080 5,040 Punith N-Civil Dept 55,000 33,000 22,000 Shivendra KD 7,560 27,300 12,782 22,078 Siddaraj Mg. Lab Inst, CS 11,5 11,550 Ramesh G C 35,7 33,000 2,750 Lokesh D-Office 31,500 6,300 25,200 Maraiah- Helper Office

Pavithra T S. Asst Prof MCA Dept

Prashanth N-Ece Dept

Rajini Chethan -Asst Prof ISE Dept Saraswthi D- Asst Prof 1SE Dept

Shankraegowda-Asst prof Civ Dept

10,500 3,360 7,140 110,000 33,000 77,000 s2,500 12,600 39,900

110,000 33,000 77,000 110,000 66,000 44,000 110,000 11,000 99,000

Shankraegowda-Office Asst S2,500 8,800 43,700 Shantha S- Asst prof ISE Dept

Shivaram KG - MCA Dept

Shivashankar Patel- Mec Dept

110,000 20,700 89,300 52,500 16,800 ,700 $2,500

3,401,970 16,800

3,676,733 35,700

2,917,376 Balance C/d 3,192, 139

MAHARAJA INSTITUTE OF TECHNoLOGY, MYsORE Managed By: MAHARAJA EDUCATION TRUST

Behind K.R Mills, Belavadi, Srirangapatna, Mandya- 571 438 SCHEDULES TO ACCOUNT: 2016-17

(Amt in Rs) 5a SALARY ADVANCE/LOANS:

Particulars Opening Bal Paid 3,401,970

Received Closing Bal Balance B/d | 3,192,139 3,676,733 2,917,376 Sundha H-Chem Dept Thejaswini MN-Asst Prof MCA Dept Venkatesh Lib Dept Smithashree KP- Ise Dept Srinivase Gowda M P, Off Supdt

26,250 26,250 110,000 33,000 77,000 31,500 3,780 27,720

99,000 66,000 33,000 42,000 25,200 16,800 Suma R, Asst Prof, ECE Dep

Sreyas C-Mec Dept Somesh Mec Dept

33,000 33,000 93,500 93,500 40,300 25,200 15,1 Swamy, Library Asst

Yashaswini AR Cse Dept 18,900 12,600 6,300 82,500 110,000 99,000 93,500 Vivek K- civil

Venkatappa, Helper 42,000 25,200 16,800 7,400 7,000 14,400 Manasa M G- Ece Dept

Yashvanth MK, Civil Dept 33,000 33,000

33,000 3,716,739

33,000 4,199,863

TOTAL 3,686,720 3,203,596 Sb ADVANCE TO STAFF FOR EXPENSES:

Name of Staff & Department DR. B G naresh Kumar - Principal

Opening Bal Advanced Recovered Closing Bal 8,829,889 8,820,667 9,222 Harshith Palcement

5,000 312,550 317,550 Kiran Kumar.L- Nss 20,000 34,000 54,000 Nandakumar.R.B

(37,006) 20,000 11,000

500 1,494 18,000 Ramakrishnegowda.C- Civil Hod 20,000 Ravikumar T, Pro

11,000 12,000 10,000 Sachin.S-Phys Dept 4,000 4,000 20,490

Yashawanth 33,000 20,490 33,000 Vivek-Civil Dept. 13,967 79,545 69,505 24,007 Mahesh-MCA Dept

1,300 1,300 Advance to 9 members Note

181,150 9,526,424

181,150 9,489,366

Total 69,961 107,019 Note: Advances paid to them are recovered fully, So not separately shown.

Sc OTHER CURRENT ASSETS: ParticularsS ICCR-2016 Seminar and Conference Opening Bal Advanced Recovered Closing Bal Energy Food center 300,000 134,000 166,000 Jayaram - MIT Store 33,014 29,152 3,862

52,672 40,710 11,962 Raghu Coffee Day Revanna Chat Center 29,129 16,000 13,129 42,639

779,711 Exam Remuneration -VTU

33,629 9,010 GS-Health Insurance Amt S69,101 210,610 MITT-Health Insurance & Mobile Bill Amt 79,657 36,588 43,069 142,586 Shivaraju Gowda T-Canteen TDS Exam & Exam Remuneration

74,172 414 96,241 107,843 (11,602) TDS Others 116,233 116,233 43,095

1,714,977 1,200,523| 43,095 Total ANAN

ORE

Gharterea

AVARO S14,454

CCouna

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE Managed By: MAHARAJA EDUCATION TRUST°

Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438 SCHEDULES TO ACCOUNT: 2016-17 (Amt in Rs)

6 INVESTMENTS:

Opening Bal Made Matured Closing Bal Particulars Deposits with Kaveri Grameena Bank:

FD A/c No.-85031337470 3,000,000 3,000,000

FD A/c No. 85033894335

FD Ac No.- 85036894255

10,000,000 10,000,000

10,000,000o 10,000,000

FD IV 13,000,000 13,000,000

FDR No.-112685 6,500,000 6,500,000

FDR No.-112686 6,500,000 6,500,000 13,000,000

13,000,000 FOR No.-112551 13,000,0000

FOR No.-112552 13,000,000 FOR No.-112553 13,000,000 13,000,000

FOR No.-112554 13,000,000 13,000,000

FDR No.-112555 13,000,000 13,000,000 FDR No.-649623 13,000,000 13,000,000

Deposits with Kotak Mahindra Bank:

FD Ac No.3211719730 7,000,000 7,000,000

10,000,000 TOTAL 53,000,000

10,000,000 91,000,000 115,000,000 29,000,000

FD A/c No.3211719747

7 RESEARCH PROJECT GRANT & OTHER GOVT. GRANTS RECEIVED Particulars As on 31-3-16| Received Utilized As on 31-3-17

RESEARCH PROJECT GRANTS:

ISTE STEP ON COMS Project UGC DAE CSR Project-Other Fee Research Grant - UGC DAE CSR Project

70,000 24,7 45,202 30,300 (30,300)

OTHER GOVT. GRANTS:

22,500 92,500

National Social Service (NSS) Grant 22,500 77,598 14,902 Total

8 OTHER LIABILITIES:

Particulars As on 31-3-16 Received Paid As on 31-3-17 Library Caution Deposit 3,900 3,900 Canteen Deposits 110,000 26,000 136,000 VTU Library Consortum Fee 1,000 1,152,000 1,167,000 (14,000)

EXAMINATION FEE PAYABLE:

Exam-Change of Branch Exam- TOS on Exam Remuneration

294,500 294,500 67,277 67,277

Exam Fee 3,657,072 5,286,773 4,916,565 4,027,280 Exam Revaluation Fee 1,103,480

7,933,930 1,080,220 7,529,462|

23,260 4,172,540 TOTAL 3,768,072

9 SALARY PAYABLE & SALARY DEDUCTIONS:

Particulars Opening Bal Deducted 6,046,113

Remitted 78,539,890

Closing Bal 6,290,399 (a) Salary Payable 78,784,176

ESI Employer Contribution

EPF Employer Contribution 29,253 371,186 367,594 32,845

353,851 4,181,092 83,336,454 83,090,762

4,183,278 351,665 6,674,909

Total (a) 6,429,217 (b) Salary Deductions

Bus Fare 903,631 903,631 ESI Employees contribution * 10,808

137,729 41,610

136,450 12,087 Food Deduction

41,610 ISTE Membership Fee 6,000 3,000 63,000 (S4,000) LIC of India 142,065

158,873 1,641,320 2,727,290 2,784,462

1,639,771 143,614 101,701 Balance C/d




9 SALARY PAYABLE & SAARY DEDUCTIONS: Opening Bal Deducted Remitted

2,784,462 Particulars Closing Bal

Balance B/d 158,873 2,727,290 101,701 Mahadasara Fest Marathon 56,250 56,250 Mobile 614,603 614,603 Profession Tax 33,0 000 401,400 400,000 34,400 Provided Fund 311,989 3,686,468 3,688,391 310,066 SBI Life Insurance 27,000 223,000 235,500 14,500

Salary Recovery 119,164 119,164 Tax deducted at source 628,815 4,125,699 4,113,274 641,240 MET- WF 275,000 1,250 273,750 Nepal earth quake Relief Fund

United India Insurance Company Ltd 209,265 209,265

(1,255,231) 113,711

6,542,928

1,933,291 14,162,165 97.498,619

2,942,016 14,954,9100 98,045,672

(2,263,956) (679,034) 5,995,87S

Total (b)

Grand Total (a) + (b)

10 SUNDRY CREDITORS: Particulars

Events lamp- Raghupathi P

Dinesh Achari Carpenter

Opening Bal Received Paid Closing Bal 10C1 105,100 105,100 145,466 145,966 (S00)

M Suresh Enterprises Furniture & Fittings Net Point-Computer Maintenance Neulite Products Pvt Ltd - Solar Project

128,108 311,363 439,471 17,282 166,169 166,169 17,282

100,000 12,000 12,000 100,000 Shipla N - Navaneeth Caterers

194,798 190,000 4,798 Hephizi Elvator Pvt Ltd (1,530,000) 1,700,000 85,000 85,000 Sintex Industries Ltd 1,590,920 1,670,796 (79,876) Vijeth CV- Building Construction S0,000 30,000 80,000 Sowmyshree Concrete Products Ballarigowda T.S Contractor

Other Sundry Creditors (Note given below)

515,925 (515,925)| (1,050,000) 2,050,000 1,000,000 47,844,5111

(2,284,610) 54,150,327 52,149,838 47,844,511

(284,121) Note: Other Sundry Creditors pertains to the loan received and fully paid in the same year and hence not shown separately.

11 TAX DEDUCTED AT SOURCES PAYABLE: Particulars

TOS 194C ( Contract& Sub- Contract) TOS 194 ( Professional Fee)

Opening Bal Deducted 628,286

Remitted Closing Bal 34,916 613,291 49,911

75,892 704,178

66,83S 680,126 58,968

9,057 Total 34,916 L .

12 EMPLOYEE COST

PARTICULARS 2016-17 Staff Salary 94,431,006 Employers PF Contribution

Employers ESI Contribution 4,166,692 Guest Faculty 371,186

64,000 Stipend-Ph0 Research Holder EPF Damages and Interest Payment 712,226

Staff Welfare 444,954

AVARO 71,700

Total 100,261,764

MYsakE

Chartere couna



Dehind K.R Mll, Belavadi, Srirangapatna, Mandya- 571 438

SCHEDULES TO ACCOUNT: 2016-17 (Amt in Rs) 13 ACADEMIC EXPENSES:

PARTICULARS VTU Registration& Examination Expenses

2016-17 (Seh 13(a)) 2,896,200

Departmental Expenses (Sch 13(b)) 1,128,426 STUDENT RELATED EXPENSES:

Functions & Cultural Activities Expenses 51,195 Job Fair expenses 1,006,788 Mahadasara Fest 558,891 Newspaper Subscription 30,896 Placement Expenses 1,104,779 Remuneration for Extra Class 62,500 Seminars, Conferences & Workshop

Sports Expenses Students' Welfare Expenses

62,324

141,695

3,387,772 7,412,398

368,704 Total|

13 a VTUREGISTRATION &EXAMINATION: VTUAICTE Registration Fees & Exam Expenses 2,896,200

Total 2,896,200

13b DEPARTMENTAL EXPENSES:

Chemistry Dept. Expenses Civil Department

Computer Science Dept. Expenses

113,739

401,900 10,454

E&C Dept Expenses

Information Science Dept.

Library Expenses

111,491 7,675

212,841

20,000 MBA Department Expenses

MCA Department Expenses 7,735 Mechanical Department Expenses

Research Grant Encouragement 190,949

51,642 1,128,426 Total

14 ADMINISTRATIVE & GENERAL EXPENSES: PARTICULARS

Advertisement & Sponsorship 2016-17

476,174 Audit Fee 89,400 Annual Maintenance Charges UPS and Battery 391,648 Electricity Charges 382,848 Food Expenses 605,357 Vehicle Insurance Premium 120,4

264,500 Internet Charges Legal and Professional Fee

Miscellaneous Expenses

Office Expenses

45,000 49,004

45,111 TDS & PT Filing Charges 19,525

Postage &Courier Magazine Printing & Stationery

Profession-Tax (College)

Telephone Charges Security Service Charges

16,540

269,543

2,500 477,299

S15,250 3,770,108 Total ANAR ANT

.


Managed By: MAHARAJA EDUCATION TRUST*


(Amt in Rs) sCHEDULES TO ACCOUNT: 2016-17

15 TRANSPORTATION EXPENSES: PARTICULARS

Travelling And Conveyance

Bus-Hire Charges [KSRTC & SMPS]

2016-17

253,932

(Note 21.S(b)) 24,399,205 Total 24,653,137

16 REPAIRS & MAINTENANCE: PARTICULARS

Computer &Printer Maintenance

2016-17 213,151

256,960 Garden Maintenance 1,901,903

s09,200 2,881,214

Generator& Vehicle Maintenance

Repair&Maintenance Total

17 PUBLIC CHARITABLE EXPENSES: PARTICULARS

Educational /Charitable Expenses

2016-17 12,710,4100 12,710,410 Total

18 FINANCIAL COSTS 2016-17

13,387 PARTICULARS

Bank Charges (Note 21.5{c)) 158,688 172,075

Interest on Vehicle Loan (Eicher Bus) Total

19 SECURED LOANS: Particulars

Loan- KMB-LCV-137865-Vehicle Loan Loan-KMB-LCV-137871- Vehicle Loan

Opening BalLoan received Loan repaid 330,276

Closing Bal 479,674 809,950

810,613 1,620,563

330,276 660,552

480,337 960,011 Total

20 FIXED ASSETS: Shown separately in Page No.

21 DEPOSITS:

Refunded Closing Bal Opening Bal 305,113

Paid Particulars Electricity Deposit with CESCOM 305,113

LPG Cylinder Deposits 6,500 6,500

Transportation with KSRTC 4,403,566 4,403,566 S00

Total 4,715,679| Telephone with BSNL 500

4,715,679

TSORE

Chartered


Managed 8y: MAHARAJA EDUCATION TRUST


20647 9a FEE RECEIVABLE FROM STUDENTS:

sI No Amount (Rs.)|

1,424,550 Particulars Amount (Rs.)| SI No. Particulars Balance b/

BE 2016-17 49 JAVERIYA AQSA (4MH15IS034) 50 JOEL IOSEPH (4MH16IS029) 51 JOHN PAUL V (4MH15EC041)

52 KALAKESH U (4MH16CVo47) 53 KARTHIK KUMAR HS (4MH16CS047)

54 KATTEPPA (4MH15ME043)

(1,500 5S KAVYA MP (4MH16EC411) 56 KEERTHANA S (4MH14IS043) 57 KESHAV.L. (4MH16CVOs2)

(15,970) 8 KIRAN KS -ECE (4MH13EC045) 59 KIRAN KS- MEC (4MH1SME045) 60 KRUPALINI H K (4MH16ECO48)

(50,000) 61 KRUTHIKARAJ R (4MH1SCV047) 60,110 62 KUBER SINGH.S (4MH15CV048)

63 KUSUMA TN (4MH1SCS041)

64 LATHA.S. (4MH15IS040)

(1,000) 65 LIKHITH .H.S. (4MH16MEOS1) 66 LOKESH M (4MH14EC405)

(2,800) 67 MADAN KM (4MH14cvos3) 68 MADHUAN (4MH1SCV413)

(17,890) 69 MAHENDRA.M. (4MH12MEO53)

s,000 70 MAHESH (4MH16MEO5S) 24,030| 71 MAHESH KUMAR.B. (4MH13MEO58)

(17,890) 72 MAHESH M - MEC (4MH15MEO50)

(10,000) 73 MANISHA R (4MH14S053)

125.000 5,000 1 ABHILASH M (4MH16EC400)

2 ABHISHEK.G. (4MH12ECA00) ABHISHEK. MR (4MH13CVO04)

AKHILESHS-MEC (4MH16MEO06) AKILESH GOWDA.H.P (4MH13ME009) ALISHA MACANZA.M (4AMH16CS006) AMITH BR (4MH14CVO14) AMITH PRADHAAN (4MH13CS011)

AMULYA MC(4MH14Cso08) 10 ANANYA M (4MH16MEO12)

11 ANDRONICUS D (4MH15IS008)

12 ANNPOORNA H M (4MH14IS009) 13 ARFATH PASHA (4MH16CS401) 14 ARPITHAR K (4MH13CS015) 15 ASFIYA JABBAR (4MH14ECO12) 16 ASHA M (4MH16CS012)

17 ASHOK (4MH14ECO13) 18 ATIQH KHAN (4MH16Cvoi5) 19 AVINASH .K.R. (4MH13IS012) 20 BHARATH.G (4MH13Cv021) 21 BHARATH M N (4MH13CV022)

22 BHIMARAV (4MH16Cvoi9) 23 BHUMIKA G J (4MH15is015) 24 BHUMIKA K M (4MH15IS016) 25 BHUVANASHREE B K (4MH16CV022) 26 CHAITHNYA S 27 CHAITHRAM (4MH15IS019) 28 CHANDANA SAMRATINI M (4MH16CSo22) 29 CHETANS PATIL (4MH14CVo23) 30 CHETHAN S. CV (4MH16CV029) 31 CHIRAG CN (4MH16ME40S) 32 CHIRANTHAN.8.S. (4MHI6CV403) 33 CHITHRA B 34 DARSHAN.D - CIV (4MH13CV031)

35 DEEPIKA .M.B. (4MH16ECO25) DHANUSH A. (4MH14CV028)

37 DHANUSHREE D (4MH1SCS026) 38 DIVAKARA .H.M. (4MH16ME033) 39 DIVYA R (4MH15CV032) 40 GAGANAK (4MH14ECO33) 41 GANESH.R (4MH15MEO32) 42 GAYATHRI BAI (4MH13IS028) 43 HAJIRA SIDDIQA (4MH1SEC034) 44 HARSHAAG. (4MH1scvo39) 45 HARSHITHA S -CSE (4MH14CS031) 46 HEMANTH.K.GOWDA (4MH15ECO37) 47 JAGRUTHI.H.K (4MH14ECO37) 48 JANARADHAN M P (4MH16ME044)

(55,000) 45,000

101,500 134,500

(10) 55,000

20.000 88,000

23,000 57,5

18,000 65,000

22,000 SS,000

41,000 2,000

so,000 40,000 20,000

13,000 51,500 50,000 50,000

200 50,500 17,000 35,000

30 13,000 17,690 (1,890) 63,000 12,000

(90) 20,5

133,830 61,700

74 MANOJ GOWDA K M- ECE (1RC12ECO17)

75 MANOJ M- CSE (4MH16CSO54) 55,000 76 |MANU SURYA C (4MH161S045)

(15,970)| 77 MEDHAC

32,500| 78 MEGHANA.L (4MH13IS040) 79 MEGHANA .S.N. (4MH16MEOS9) 80 MILIND NOEL.N. (4MH13CSO56) 81 MOHAMED (4MH14CSOS0) 82 MOHAMMED FAISAL KHAN (4MH15MEO59) 83 MOHAMMED HISHAM (4MH15MEO61)

(S0o) 84 MOHAMMED RUMAN MUSAB (4MH14CVos6)

(1,500) 85 MUKUL N BABEL (4MH1SCS049) (30) 86 NAGARAJU.R. (4MH14MEO62)

(13,700) 87 |NAGARJUN N (4MH15MEO65) 88 NANJUNDA H R (4MH14ME064)

12,500 89 NANJUNDA SWAMY R (4MH14MEO65) 5,500 90 NAVEENA.J.M. (4MH15Cvo61)

(32,000 91 NAVEEN KUMAR.M (4MH14ME067) 150,000 92 |NAVYASHREE.M. (4MH13CV072) (1,100) 93 NAVYASHREE .M.C. (4MH16CV069 18,500 94 NEHA S (4MH16CV071)

123,000 105,000

53,500 9,610

5,000 30,000

(500) 20,000 91,530 64,030 64,000

105,000 128,000 109,5 10,000

(50,000) (5,000) (3,090)

10,000

7,000 25,000

83,000 188,500 40,000

2,030 9,030

101,110 47,500 22,110

95 NIDA KOUSER VN (4MH1SCSO53) 59,03096 NIKETHAN.T. (4MH14CVO59) 40,000 40,200

(s0) (40,000) 97 NUZATH FATHIMA ASHRAFIYA (4MH14EC410)

98 PAVANS- ECE (4MH15EC4 16) 99 POOJAJ (4MH1SCS063) 100 POORVIKA.K.S. (4MH16CV081) 101 PRADYUMNA VJ (4MH16MEO79)

40,000 75,000 55,000

S00 Balance C/f 3,345,290 Balance C/f1,424,S50|

hartered ccouna OHANA

Cha



9a FEE RECEIVABLE FROM STUDENTS (Contd. SI No


2o61 Amount (Rs.) SI No.

3,345,290

Amount (Rs.) Balance b/f| 5,035,935

25,955

Particulars Particulars

Balance b/

(1,000) 161 SUMAN K (4MH16IS105) 35,000 162 SURAJ.B-CIV (4MH16CV107)

(14,000)| 163 |SUTHAN.S.M (4MH15IS098)

30,000 164 SYEDA UMEELA (4MH16IS112) 1,000 165 TEJA RAGHAVENDRA.V (4MH15ME112)

166 THIMMEGOWDA MS

167 UMASHANKAR (4MH14CV425)

168 (UMESH (4MH16ME424) 39,110 169 VARSHINI V.S (4MH15EC101)

(17,890) 170 VARUN.s (4MH13ME115)

171 ViJAYKUMAR K S (4MH15CS108)

50,000 172 |VIJAY.R. (4MH16CV120) 29,000 173 VIKHYATH.P. (4MH16CV121) (3,000) 174 VINAY (4MH15CS424)

103 |PRATHIK.J. (4MH13ME074) 104 PRATHIKSHA R (4MH16CV086) 105 PRAVEEN KUMARS- CS E (4MH1SCS066)

106 PREETHAM K (4MH16CV412)

107 PRIYANKA.D.K. (4MH13CVO88) 108 PRIYANKA.K.S (4MH14ECO69) 109 P SHASHANK ARASUR

110 PUSHPA G (4MH1SCV426) 111 RAGHAVENDRA .8.U. (4MH14CVO74)

112 RAHUL CHAVAN (4MH16ECO81)

113 RAHUL.C.R. (4MH14CS072) 114 RAHUUAYACHANDRA MN (4MH15ME078) 115 RAHUL KASHYAP.R.P (4MH15ECO75) 116 RAJASHREE ALWAR.M.K. (4MH13ME082) 117 RAJENDRAPRASAD 8.T (4MH13CV093)

118 RAJESHA .M.K. (4MH16CV414)

119 RAJU (4MH16ME419) 120 RAKESH HEGGADE.c (4MH15ME079) 121 RAKESH.S - MEC (4MH14MEO78)

122 RAKSHITH M D (4MH16CV089) 123 RAKSHITH RAJ M.R. (4MH12ME087) 124 RAKSHITH S -MEC (4MHISME085)

125 RAMAKRISHNA M (4MH16ECO84)

126 RASHMI H S (4MH16EC4 19) 127 RASIQ AHMED (4MH13ME134)

128 RATHISH KUMAR.D. (4MH16ECA20) 129 RAVIKUMAR .N. (4MH13IS064) 130 SACHIN .M- ECE (4MH15EC082) 131 SACHIN V N (4MH16CS088)

132 SAGAR.H.C (4MH14ME085) 133 SAHANA.M. - ISE (4MH161S084)

134 SANDESH, K.V. (4MH14CV091) 135 SANDHYARANI.R (4MH14CS126) 136 SANJAY .M. REVANKAR (4MH16ECO96)

. 137 SEEMA SIDDIQUA DURRANI (4MH16IS091) 138 SHAH FAHAD KHAN (4MH16ME098)

139 SHAMBULINGA L (4MH14ME416)

140 SHAMSIYA S A (4MH16CS095)

141 SHANKAR (4MH15ME427) 142 SHARANU.S.ARUN (4MH16ECO97) 143 SHASHIKALA.H.S (4MH14EC087) 144 SHASHWATHI NAYAKA .M.P. (4MH15IS080)

145 SHINY EVANGILIN (4MH14ECO90)

146 SHIVAKUMAR .K.A (4MH15ME102) 147 SHIVA KUMAR.M - CIv (4MH15CV432)

148 SHRADDHA.M (4MH14IS089) 149 SHRIDEVI RAVINDRA NEELAGAR (4MH16CVO99)

150 SHUBHASHREE K (4MH14EC105)

151 SINCHANA CL (4MH16IS097) 152 SINCHANAKRISHNAA (4MH16EC105) 153 SINDHU V.M. (4MH15CS089) 154SOMASHEKAR M S (4MH16CSA18) 155 SOUNDARYA N (4MH14EC102)

156 SOUNDARYA S (4MH13IS083)

157 SRIDEVI .M.N. (4MH15I5090)

158 SRIDHAR, H.K. (4MHO9MEO50)

159 SUHASG (4MH16CV104) 160 SUHAS K GOWDA (4MH14CV105)

(5.000) 65,000 50,000 61,500

105,000 71,500 64, 500 15,000

7,000 500

75,000 36,000

50,000 148,000

69,030 S,000

40,000

(12,500) (1,000)

9,030

175 VINAY KIRAN, S. (4MH11EC113) 176 VINAY KUMAR.H.S. (4MH13IS099)

50,000| 177 VIVEKANAND (4MH15CS113) (17,890) 178 WASIQ.M.K (4MH15EC108)

8,500 179 YANKAPPA (4MH13ME123) 69,030 180 YASHAS SINDHE L (4MH16CV123)

11,000| 181 YASHASWINI NAGESH (4MH15IS112)

4,060 182 YASHASWINI .S. (4MH14CS119) 50,000 183 YASHWANTH.K (4MH16ME116)

200 184 YASHWANTH S PATEL (4MH16CV124)

(55,000) 185 YATEESH .K.Y (4MH14EC122)

39,030 186 YATHISH DS-CIV

10,000 187 |YERABALU RAJAPPA (4MH13CS421) 17,890 188 YOGESH.M - ECE (4MH13EC126)

(18,090 189 YONIS AHMAD BAD00 (4MH14CV125) 67,500 190 Vishwas BR

79,030 73,000 191 ABHILASH KOUSHIK.H.R (4MH14ECO02) 23,000| 192 ABHISHEK.A (4MH13ECO01)

102,000

50,000

(50,000) 1,000

(15,970) (16,170)

(S00)

(15,970)| 55,000

41,530

75,000 (15,970) 66,500 63,000

150,000

CRASH COURSE -2016-17

148,000

76,000

193 ABHISHEK .8. CIV (4MH14CVO02) 148,000 37,500 150 194 ADARSH K.S (4MH13MEO02)

60,000 195 AKSHAY.A.K (4MH13ME010) 74,500 196 ANAND.M. (4MH1SCV402)

130,000 116,000

114,030

35,000 197 ANIRUDH .H. (4MH1SCS400) 65,000 (15,970) 198 ANUGNA YADAV.R (4MH13ISOS8)

55,000 199 ARVINDA NAIK S G (4MH14CS401)

99,700 200 AVINASH.C (4MH1215009) 34,000 201 BALACHANDRA K.B (4MH12ME015)

500 202BHUVANA N K (4MH14ECO19) (17,890) 203 B181 FARIYA SALEEM (4MH14ECo20)

15,000 204 CHAKRAVARTHI G B (4MH13MEO21)

22,000 205 CHAMAN.M (4MH12CS017) 32,500 206 CHETHAN CN (4MH15Cv406) 8,500 207 DARSHANHM (CIV) (4MH13CVO32)

45,000 208 DEEPAKS(ECE) (4MH12ECO33) 130,000 209 DEEPAK.S - MEC (4MH13ME027)

S5,000 210 DIKSHITH.P.K. (4MH14CS402) 45,590 211 FAIZAN AHMED SHARIFF (4MH12ME031) 40,000 212 GURULINGAYYA (4MH13ME035) 32,030 213 |HAMSIKAN (4MH12ECO36)

100 214|HARSHITH PANUGANTI (4MH14MEO33) 50,000 21 IHEMANTH.T.S. (4MH15EC408) 20,955 216 JEEVAN, D. (4MH11MEOSS)

(115.000) 217 KARTHIK A ECE (4MH14EC40¢)

10,000 59,500 60,000

72,000 31,500 31,500 49,000 57,500

101,000 82,000

120,000 122,000 59,500 61,500 58,000 78,350 66,500

100,500 48,000

Balance C/f 5,035,935 39,500

Balance C/ 8,122,780

ASsoRE


Managed By: MAHARAJA EDUCATION TRUST Behind K.R Mills, Belavadi, Srirangapatna, Mandya -S71 438

2061 Amount (Rs.)SI No.

8,122,780

9a. FEE RECEIVABLE FROM STUDENTS (Contd..: Amount (Rs.)

12,953,630 SI No Particulars Particulars

Balance B/f 28)

8alance B/f 64,500 128,000 277 |VINAYKUMAR B ADAGAL (4MH14C

133,000 278 VINDHYA RANI H G (4MH14EC423) 279 YASHASWINI MS- ECE (4MH15EC423)

218 KARTHIK.H. (4MH13CS042) 219 KARTHIK PRASAD MEC (4MH14MEO36) 220 KEERTHANA N (4MH1SEC409) 221 KIRAN KUMAR.V.J (4MH13IS101) 222 KISHAN .R. (4MH14Cvo42) 223 MADAN GOWDA, A.K. (4MH10ECO38)

224 MAHA

225 MAHESHA.P (4MH15ME409) 226 MALAVIKA U.S (4MH12CS048))

227 MANOHAR .M.B. (4MH1SCV416) 228 MAN0J.V.S. (4MH14MEOS1) 229 MANUKUMAR M K (4MH14MEOS2) 230 MAYURAVERMA (4AMH11CV021) 231 MEGHASHREE.H.S CSE (4MH14CS407)

232 MOHAMMED SAAD (4MH14MEOS7) 233 MOHAMMED SAJJAD ALI (4MH14MEO58)

234 MONICAJ (4MH13ECO65) 235 MOUNA.M (4MH14MEO60) 236 MUDDABIR HUSSAIN (4MH14CS408)

237 NAVYASHREE N (4MH14CSO54)

238 NAYANA.KJ. (4MH14ECOS7) 239 NISCHITHA S D (4MH15EC415)

240 NISHANTH S (4MH14CV414)

241 POOJA SHANKPAL (4MH14CSO66)

242 PRAJEETH.A.GOUTHAM (4MH13MEO72). 243 PRAJWAL K (4MH14MEO70) 244 PRAWAL RAJ D B (4MH14CV068)

245 PRAKASH .H.N. (4MH1SEC417)

246 PRASANNA, K.M. (4MH10ECO64)

247 PRAVEEN KUMARD (4MH13ISOS2) 248 PRUTHVIKL, (4MH15IS401) 249 PUNEETH KUMAR s (4MH14ME073)

250 RAKASHIT T (4MH13CS415)

251 RAKSHITH .M.R. (4MH15ME421)

252 RAMYA A. (4MH14CS412) 253 RAVEESHKUMAR.K.M (4MH15EC418) 254 SACHIN K (4MH12Cso91)

255 SACHIN M N (4MH13ME093)

256 SAGAR BS (4MH14cV141) 257 SEEMA.CK (4MH14CS08S) 258 SHARATH KUMAR.s (4MH14ECO85)

259 SHIVANI H C (4MH14CS088)

260 SHOBITHA M K (4MH14IS088)

261 SHRAVAN KUMAR R (4MH14ME413)

262 SHREELAKSHMI V (4MH14EC093)

263 SHREYAS R - ECE (4MH14ECO95) 264 SONAKSHI .S. (4MH13CS100)

265 SUJAN.S (4MH12EC100) 266 SUNIL KUMAR .P. (4MH14CS419)

267 SUSHMA.L (4MH14CV108) 268 SUSHMITHA, P, cSE (4MH14CS420)

269 SUTHAN, O. (4MH11EC101)

270 TAAHA SUHAEB (4MH10ECO90) 271 UDAY SHANKAR .C.M. (4MH13ECA23)

272 |UJVALU.K (4MH15CS422) 273 UMASHANKAR M R (4MH14EC112) 274 ViOYASAGAR .S.R. (4MH13ME117) 275 VuYAKUMAR (4MH14EC422) 276 VINAY.8. (4MH14ECi16)

100,000

65,000 28,000 (5,500) 80,000| 280 YATHIN.S (4MH131S100)

MBA 73,000 (28,360 95,500 281 ANUSHA BS (4MH16MBA07)

66,500 282 ARPITHAN -MBA (4MH16MBA09)) 65,000 283 ASHWINI R. (4MH16MBA11)

63,000 284 DHANANJAYA M 87,210 285 FELICIA CRISPIN RODRIGUES (4MH15MBA21)

133,000 286 KALPANA (4MH16MBA30) 48,000 287 KEMPEGOWDA B N (4MH16MBA32)

145,000 287 KUSHAL MK {4MH16MBA38) 59,500 288 KUSHMATB (4MH15MBA36)

148,000 289|LAKSHMI M P-MBA (4MH16MBA39) 37,000 290 MAHENDRA J M (4MH16MBA47)

96,000 291 MAHESHWARI D (4MH16MBA48) 76,250 292 MANJUNATHA N N (4MH15MBA46)

59,500 293 MANU M- MBA (4MH16MBAS4)

47,030 294 NAVEEN KUMAR .K. (4MH1SMBAS58)

118,000 295 NISHA SHRIVASTAVA (4MX16MBA03)

47,110 296 POOJA.U.s. (4MX16MBA09) 148,000 297 PRASANNA .H.C. (4MX16MBA12)

174,000 298 PUNITH KUMAR S (4MX16MBA13) 112,000 299 ROOPAN (4MX16MBA25)

17,500 300 SAHANAR - MBA (4MX16MBA 27)

148,000 301 SATHYA NAE 65,000 302 SRINIVASA S (4MX16MBA44)

30,000| 303 vINAY PRASAD H S

85,000 AKSHMI S (4MH14ME047) 80,000

105,000 (75,000 14,250 26,640 75,000 65,000 (28,360)

1,640 60,000 14,440

610 10,000 (1,060

120,000 260

30,000 42,000 81,000 46,640

(115,000) 120,000 (54,390)

675,310

YANA R (4MX16MBA34)

58,000 304 TASMIA SIODIQA(4Mx16MBAS1)

65,000 148,000 MCA

(28,860) 9,750 305 ABHISHEK H N (4MH16MCA01 306 ANJALI.M.B (4MH14MCA03) 307 ANUSHA.S 4MH16MCA03

65,000 308 DARSHAN .N.S. -MCA (4MH1SMCAO7)

105,500 309 MEGHASHREE.R (4MH14MCA22 145,500 310 ROOPA.B.V. (4MH15MCA18) 63,000 311 |SHALINI.R. (4MH16MCA33) 148,000 312 SREENIVAS H M (4MH16MCA84)/

125,000 400

30 ,000

(100) (28,715 10,000

59,500

26,140

S,000 13,865 31,500

66,000 M TECH

50,500 313 BHAGYA R (4MH16SCSO5) s9,500| 314 SAVITHA GONAL (4MH15SCS06)

(44,390) 41,000 (3,390) 78,000

93,000 PASSED OUT /DETAINED 40,500 315 PUNITHKUMAR Y K (4MH12MTP13)- M TECH 15,000

8,500 MCA DEPT 125,000 316 AMULYA B-4MH13MCA03 83,000 317 SAHANA S-4MH13MCA46

25,000 100,000

64,500 MBA DEPT

27,250 318 AlIT BHASKAR HEGDE (4MH1SMBA06) 130,500 319 |PRAJWAL M U (4MxiSMBA06)

40,000 320 PRAKRUTHI KN (4MX14MBA10) 80,000 32L.YOTHI M (4MH14MBA36) 63,000 322 SOWMYA.T.S (4MXTNMBA41) 30,250 323 |DEEPTHI.K.S (4MH14MBA24) 64,500 324 PARAMESHA K N{4MX14MBA04)

125,000| 325 SIODARTHA.S (4MH13MBA61)

65,000

90,000

SS,000

(13,500 (13,500)

(1,000)

(S6,5 10) 65,000

Balance C/f 14,193,905 Balance C/f 12,953,630

******* * ** **

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE Managed By: MAHARAJA EDUCATION TRUST

Behind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438 9a, FEE RECEIVABLE FROM STUDENTS (Contd....):

SI.No 2ol61 Particulars Amount (Rs.) 14,193,905 Balance B/

BE COURSE

326 ABHISHEK TALOOR M (4MH13CV400) 327 CHANDAN.S.M (4MH11CV007) 328 CHETHAN KUMAR.M.R (4MH09CS094) 329 HARSHITH MI 330 MAHENDRA SWAMY (4MH11CV019) 331 MANOHAR.S.M. (4MH12EC418) 332 SHREYAS G NAYAK 333 SHARVANI A (2014-15) 334 ABHISHEK B J (4MH13CSO01) 335 ADNAN AHMED SUIJA (4MH15CV401) 336 ANILKUMAR.H (4MH14CV401) 337 CHETHAN KUMAR, K. (4MH11cV008) 338 DHEERAJ K C (4MH15CV029) 339 DILEEP KUMAR .H.D. (4MH13Cv407) 340 FARREL TRUEMANN JAMES J (4MH15IS024) 341 MAHADEVA PRASAD KS -CIV (4MH15CV041) 342 PALLAVI V (4MH13EC413) 343 PRATHIK G V (4MH12CV066) 344 PRAVEEN H M (4MH14CVO70) 34S SANToSH BALACHANORA GOWDA (4MH13CV425) 346 SHABAZ KHAN (4MH14MEO88) 347 SHRIKANT UMACHAGI (4MH14ME418) 348 SHWETHA, S. (4MH11EC089) 349 ARPITHA G.(4MH14IS015) 350 SHEFA FATHIMA(4MH13CS094)

AVARD

(207,500) 29,500 3,000

97,500 1,000

53,000

1,000 (5,000) 1,500

(50,000) 64,500 5,000

100,000 (1,500)

40,000

(10,000) (1,000) 2,500

58,000 (3,600)

(41,590) 73,000

(10,890)| (S00)

(8,090) GRAND ToTAL 14,383,73S

P rsORE

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259,

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7,319

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Behind K.R Mills, Belavadi, Srirangapatna, Mandya -571 438

sCHEDULES TO ACCOUNT: 2016-17 (Contd..). 1a BANK RECONCILIATION STATEMENT

(Amt in Rs.)

iKOTAK MAHINDRA BANK-SB-3211312634 -Fee Balance as per Cash Book as on 31.03.2017

Add: Cheques issued but not realized:

800,132

Amount (Rs.) Date

3/20/2017 MAHARAJA EDUCATION TRUST (REGD.)

3/30/2017 AL-SABA TABASSUM 3/30/2017|MOHAMMED FAZIL

3/30/2017 POOJA HV 3/30/2017 BI81 ZULAIKHA

3/30/2017 NIDA FARHEEN

3/30/2017 ROSHAN JAMEER

Name Ch No.

030149 6,025

002490 54,500

002487 49,500

002488 2,750

002491 53,890

002492 39,500

002493 54,500 002494 54,500

3/30/2017 K MAHAMMAD JAFAR

3/30/2017 ZAKIR SHARIFF

3/30/2017 SYEDA ARBEENA KAUSAR

3/30/2017 KASHIEF AHMED

3/30/2017 HAFSA MAHIN

3/30/2017 SAHITHYA

002495 54,500

002496 54,500

002497 49,500

002498 54,500

002499 6,000 534,165

1,334,297 Balance as per Pass Book

i) KAVERI GRAMEENA BANK-SB-85031333907-PRINCIPAL A/C

Balance as per Cash Book as on 31.03.2017

Add: Cheques issued but not credited:

Date 2/3/2017 EXAM REMUNERATION

2/3/2017 EXAM REMUNERATION

13,06S

Ch No. Amount (Rs.) 315 Particulars

029345

830 13,895

029346 515

Balance as per Pass Book

ii) KAVERI GRAMEENA BANK-SB-8503195190-2

Balance as per Cash Book as on 31.03.2017

Add: Chéques issued but not credited:

1,848,383

Particulars Ch No. Amount (Rs.) Date

9/15/2016 Pooja Yadav(4MH13CV083)

1/9/2017 Telephone Charges 2/3/2017 Net Point

2/3/2017 D NR Chemicals

3/6/2017 Suneet Electricals

3/10/2017 salary Payable 3/13/2017 Repai& Maintenance

3/20/2017 Engineering Tools & Equipments

3/23/2017 Rajan Electricals

3/23/2017 M.Suresh Enterprises

3/28/2017 My-Suru-Paaka-Prashanth Bharadwaj B

3/28/2017|Information Science Department

3/28/2017 Ramalingu KS- Stone Supplier

3/30/2017 Sri Lakshmi Venkateshwara Alu Fabs- Geetharam

3/30/2017 Builiding Construction-PG Block

3/30/2017 Narayan N-Shri Associates

3/30/2017|Sri Varaganapathi Fuel Station

3/30/2017 MIT-Thandavapura College

3/31/2017 Newspaper Subscription

025948 900

028597 480

027860 946 027862 12,768 029382 4,264 030104 10,954 030124 11,500

030142 16,856

030302 20,330 030303 23,331

029397 5,800

030315 ,S00 030316 30,725 030319 ,204 030321 S,000

030322 23,100 030323 98,946 030324 176,204 030326 ,586 491,394

Balance as per Pass Book 2,339,777

R ANTHA

G.N.ANANTHAVAROANA, FCA hartered Accunta:t CA)

Nc 65, Gurkar Devanna St " Coss

iMembership N: 025113 PAN: ACJPA 620S 6

Fort ot:alia, Myauru - 570 004

Tei: Ce21-2447952

email ananil1agtamel com

AURIT REPORT have audited the attacl:ed Balauce sheet of

MARARAJA INSTITUTE OF TECHNOLOGY, MYSORE Managed by. Maharaja Education Trustí R)

Behind K.R.Mitls, Belavadi, Srirangapatna, Mandya -571438 the MIT in short} as o» 31st March 2016 and the lncone and Expenditure Accoun: for the year ding on that date wlhich are in agreement with the books af aecount maintzinei by the szid institute. These Financial Statemerts are the responsibility of the Management tlre instituiion.

My responsibiity is to express an opinion on these financiai statemenis based on my audit I hae cordurted ny audit in accordance with the äuditing standards generaliy accepted iu lndia. These Standards required that I pla:a änd perform the audit to obtain reasonable assurence abut whether inancial statements are from material misstatements. An audit includes examining on a tevt basis, eviderce supporting the amounts and disciosures in the financial statements. An audit alsa includes

assessing the accounting. principles used and significant estimates made by the managemen, as weli as evaiuating the overall financial statement presentation. I believe that iny audit pravides 3

reasorable basis for my opinion. I report as hereunder: 1. The following balances stated in the Balance Sheet are subject to coifirnmation

Sch 10 Sch 11

Deposits ioans and Advances

47,15.679/ Rs. 1,44,20,474/:

Rs.

2. institutton has deducted an amount of Rs.2,99,265/- from Staff Salary towvaris Nep:a! Earth

quake Relicf Fund. But no reinittancc has been iade to the concerned department. it is dvised to take necessary steps icr such remittance, ct!ierwise cisturse tine saine 2s salary i sta!f.

3. nstitution has Examination fee of Rs.36,57,072/- yer o be payalble to i'niversity. So, it is

advised to take immediate steps fer such remittance.

4. Earlier MIT had given advances to the following menubers but during "he y:ar, tie have been reversed such advances as expenditure, for which no supporting vouhers cr expenditure particulars are produced: (As per Sc!h i il}

a Advance to Ravikumar -Rs.54,462- -Rs.1,48,371/-

-Rs.34,174/ 5. Curing the year, the activities of the institute have resulted in ar. excess of !ncoie over

Expenditure of Rs. 8,43,70,867/ as against excess of Income cver xperditure f Rs.

b. Advace to Dr.Murali C. Advance to Dr. Vasudev.T

16,87,S64/- in the previous year (2014-15).

ive obtaiued ail the inforiatiori and expianation which to t:e best of my iceowiecge and beiic vwere necessary for the purpose of my audit. ln my opinion, the inst1tute has kept proyer ivosks cf 2Court sc far as it appears from my exa:nination of the books.

n ny epinion and to tlie best of my informatioin, and accoroing to iniormation given io Eie the said arcounts read together with rhe scheduies and insies tiheroor, suhic:t ** hereinaoove give a true and fair vie

(ai In the case of Balance sheei, of the state oí afiairs of the MIT as on 31i march 2:15, and

(bi in the case of the lncome and Expenditure Arcouit, tie exess oi income tver Txpdr:

ter the year ending on 31t Marclh 2016.

G.N. ANANTHAVARDiANA Chartered Accaua*TE eieterskip fio. 02511,.

, Curiisr Dcvanie St.. ! �dS:CA AKCnant

Fot ietatis. MYSORE-E7C 004

Piace: M{ysur . N NNTEVARiANA i)ate. 9i-12-2016

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE Managed By: MAHARAJA EDUCATION TRUST (R)

Behind K.R Mills, Belavädi, Srirangapatna, Mandya- S71 438

RECEIPTS AND PAYMENTS ACCOUNT for the year ending 31st March 2016 RECEIPTS Sch Rs. KS. 0PENING BPALANCES:

Cash and Barik Balances 8 1,09,12,655 REVENUE RECEIPTS:

Academic Rereipts Fee Coilections Eank Interest fivm:

12 25,46,07492

Fixed Deposits Saving Bank accounts

Other lncome - Shop Rent, Examination Income

7,48,540

18,66,352 26,14,892 13 12,27.543

CAPITALAND OTHER RECEIPTS: Sundry licbtor: Fee Receivab!e Saiary Payable & Salary Deductions Surdry Creditors Fixed Deposit - Matured

Loaas and Advances (Asset)

Research and Project Grants Ocher Liability

32,57,92,963 8,42,32.738

5,53,18,78 3,73,85,006 1,09,39.278

3

13,67,082 S0,54,176

Duties and Faxes 6,60,458

Secured Loan 16 5,86.342 Sake of Fxcd Asset

30,000 Deposits Refunded 10 14,32.659 52,27,99,490

79.21.62.072 PAYMENTS

REVENUEPAYMENTS: Remuaeraion to Teacining & Ncn-Teaching Staff Acadernic Expenses Administrative & General Expenses Trarsportation Expenses Students, Staff & Others Repairs & idaintenance Public Cliaritable Expenses - Fee Concession

Financial Costs (Bank Charges & interest on Loans) internal Contributions to Maharaja Education Trust{R)

14 9,20,10,669 15 72,71,829

43,22,916 18

19 20

2,47,96,690 20,93,169 67,95,231

21 3,S2,435 13,76,42,93 2,93,07,892

CAPITAL AND OTHER PAYMENTS: Sundry Debtor: Fee Receivable Sundry Creditors Salary Payabie& Salary Deductions Fixed Deposit - Matured

Lozns and Advances (Asset) Fixed Assets Purchased

32,82,72,053 5,SS,23,4882 8,39.42,776 8,21,85,006 2,17.66,991 1,48,49,1337

Uusecured Loan 1,00,00.000 Duties and Taxes 8,57,710 Other Liability Research aná Project Grants Secwred Loa Deposit Paid

79,76,514 13,32,730

16 11,71,880 10 5,01,883 60,93,80,162

CIOSING BALANCES:tast: and Bank Balances 8 1,68.31,079

79,21,62.072 As yer ry iepori o ror MALARAJA INSTITUTE OF T ECHNOLGY, MYSCRE even datt attachedd

.

TN. ANANTHAVARDHANA Chartered Accountan Date: 1-12-2016

Dr. NERESHKUMAR B.C

'rincipai D:. MURAL1S

Present

.N. ANANTHAVARDHAN

Chartered Accounta KRISliNEGOWDA Y.T Membership No. 025113

E5, Gurikar Devanna St., I Cross

Fort Motal2, iYSRE7¢ ¢A

SRagaena RAGRAWNDRAS r. GURU D.S

Serretuy Treasurer Accountan

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSURE



INCOME AND EXPENDITURE ACcoUNT for the year ending 31st March 2016 Rs.

25,46,07,492 Sch Rs. INCOME

Academic Receipts - Fee Coilections

Bank Interest from: 7.48,540 Fixed Deposits

Saving Bank accounts

Other Income Shop Rent, Examination lncome 18,66,352 26,14.8¢2

12,27,543 25,84,49,927

13

TOTAL

EXPENDITURE 9,20,10,669

72.71,829

Remuneration to Teaching & Non-Teaching Staff Academic Expenses Administrative & General Expenses Transportation Expenses Students, Staff&Others Repairs & Maintenance Public Charitable Expenses - Fee Concession Financial Costs (Bank Charges & Interest on Loans) Internal Contributions to Maharaja Education Trust(R)

14

15

18 43,22,916 19 2,47.96,690 20 20,93,169

67,95,231 13,76,42.cH 2,93,07,892

21 3,52,435 Loss on Vehicle TATA INDICA 69,945 Depreciation on Fixed Assets

6 70,58,283 Excess of income over Expenditure TOTAL

8,43,70,867 25,84,49,927

BALANCE SHEET as on 31ST MARCH 2016 LIABILITIES Sch Rs. Rs. GENERAL/CAPITAL RESERVE:

Generai Reserves: Opening Balance Add: Excess of Income over Expenditure

5,62,24,671 8.43.70,867 14,05,95,28

LOANS/ BORROWINGS: Secured Loans 16 16,20.562

CURRENT LIABILITIS & PROVISIONS: Other Liabilities Caution deposit & Others Sundry Creditors (for expenditure) Tax deducted at Sources payable Salary/ Salary Deduction

37,68,072 2,95,390

34,916

3

5 65,42,928 1,06,41,306 15.28,S7,407

TOTAL

ASSETS FIXED ASSETS:

Gross Block at Cost 10,41,22,990 Less: Depreciation Block 5,99,21,S06

Net Blockat WDV 4,42,01.484"

INVESTNMENTS: Short Term Deposits S.30,00,0000 CURRENT ASSETS:

Cash&Bank Balances 1,68,31,079 8

Fee ReceivabBe 9 1,96,88,691 3,65,19.770 LOANS, ADVANCES & DEPOSITS:

Deposits 10 47,15,679

1,91.36.15S3 15,28,57.407

Loans and Advances 11 1,44,20.474

TOTAL As per ny report of For MAHARGJA INSTITUTE OF TECHNOLOGY, MYSORE even date attached

Dr. NARUSHKUMAR B.G

Principal Dr.MURAL! S

Presidernt ATANTHAVARDHANAChartered Accountant

Date: 1-12-2016

3.N. ANANTHAVARDHANA4 Chartered Accountants Membership No. 025113br. KRISiHNEGOwDA Y.T

65, Gurikar Devanna St., I Crosssecret.iry Fort Mohalla, MYSORE-570 604

Dr. GURU D.S RAGHAVÉKDRA.S Treasurer Accountant



Behind KP. Mills, Belavadi, Srirangepatna, Mandya -571 438

SCIHEDULES TO ACCOUNT: 2015-16 (Amt in Rs)

1 RESEARCH PROIECT GRANT &GOVERNMENT EXAMINATION RECEIPTS: 31

03-15 As on

Received Uilsed 31-92-201 Particulars Researc Project Grants:

4,00,030 4,00,000

39,947 3,154

VGST SMYSR CHENISTRY DEPT

ISTE-Control Systea STE-Computer Networking ISTE-Cot:puter P:ogramnins ISTE-Cyber Secuit

(39,947) (3,154)

(26,380)

{10,388 26,380

10,31 2,8,371

93,877 2,80,371 NTB-MiRD -ACRSF

93,877 iSTE-IT Ku 3,49,465 3,49,465 Research Grant- JGC DAE CSR Prvjcct

Gevernment Exaainatien Receipts:

KTCL Exam 81009 81,000

66.S0G h6.500 BESCOM-exem

SPECIFIC FUNDS: 61,517

13.32.730 16.0C0 45,517

34.352)1 13.67.032 National Social Seavice Ex;enses

Tcai *

2 OTRER LIABILITIES: Litrary Caution Deposit

Canteen Deposits Tcachers Bay Staap Coliections

VTU Library Consortum Fee

2,08,017 5C0 2,08.S17

1,20,0 1,10,000 79.83S 34,460

1,000 45,375

1.0 EXAMINATION FEEPAYABLE:

C0,000 1,01,000 1.61,060 Exan-Charge ef Branca Exam TDS oa Ëxam Remcneratioi: 74.476 70,406 i,44,882

39.635 4.26,900 3,87,065 58,05,477

xam Convecatiu Yee 26,36,12S 47,84,5309 357,072

Exaa ree 21.70.350

50.54,176 21 70.850 79.76.511

Exa: Revaluatica Fee

66.90,410 35.68972

SUNDRY CREDITCRS: (Due from March 2016) Particulars Received Paid CBa Op Bal

07,653 .07,653 Coavergent Wireiess Coinnuiicatior Pvt Lid.

Dinesh Acinari -Carpenter (15,00u) 4.76,239 4.61.239 14.73.622 13,45,514 1,23,i

M Suresh E:terprics Furniture & Fittings Net Point - Computer Mzintc:12nce

Neulite Products Pvt itd Sa!ar Project

Ravigowda -Contractor Siddaraju- Labour Contrector

17.282 7,62,144

72.60,250

7.4,862

71.60,250 1,0,000 1,0000 1,00,003

(20,036} 27,43

7,72,53 7.52.513 3 74.504

Un:versal scientific 3,30,000 2,60,000 Vijet CV -Buiiding Construction

rher Suntry Creditors (Ne givea beiovj) s,41 96,947 S,33,i2.78S

'9594 S,5,23.483 5,C0.CH4

fNote:ivan received and fully paici in the sa:ne year, deoretore wtich is rot shown Separatel;.

4 TAX DED!CTED AT 50URCES PAYA:LE: Paiculars

TD 194A {Interest on Lis:) TDS 194C{ Cortract & Syh- ortraci)

(Paid on 02-04-2016; TDS 194 (Csaamisuo: or var) TOS 154(Professicna! fer)

Gy Bal Receivd Fai 1,27.5(0 27,303

6.1),724

72,Si 72,509

359 2.32,163

49,734 6,60,1S

59.C92 8.57210 34,3

. .

.

MAHARAJA INSTITUTEOF

TECHNOLOGY,

MYsORE


Betind KR Mills, Belavadi, Srirangapatna,

Mandya - 571 438

sCHEDULES TO ACCOUNT: 2015-16 (Ant in Rs)

Clo Bal SSALARY PAYABLE & SALARY DEDUCTIONS:

Particulars Op Bal 50,39,478

Deducted

7,20,22,160

29,253

Remitted 7,10,15,525 60,46.113

29,253 (a) Salary Payable

ESI Enmpioyer Contribution

EPF Employer Contribution 3,53,851

7,24,05,264

3,53,851 64,29217 7.1C,15,525

Total (a) S0,39,478

(b) Salary Deductious 8,70,298

8,70,298

27,456

32,595 Bus Fare

54,460

Cloth TNHWD 27,004 10,803 31,474

34,550 9,687 ESI Employees Contribution

Food Deduction 34,550 6,009

1,42,065 ISTE- Membersiip Fce 6,000

15,15,359

36,200 15,38,465

36,200

5,51 3,71,600

33,13,987

LIC of India 1,18,959

Mahadasara Fest - Maratnon 5,51,768

3,70,650 Mobile 58

33,000 Profession Tax 32,050 3.11,989

27,000 36,08,599

6,06,601

33,500 Piovided Fund 3,52,500

1,86,137

36,73,337

3,46,000

1,86,137

39,16,46S 1,38,000 2,09.265 2,48.688

1,18,27474 8,42,32,738 8.39.42,776

SBi Life Insurance

Salary Recovery Tax deducted at source 3,85,687

6,28,815

Flood Relief Chenrai 1,38,000

Nepa! earth quake Relief Fund 2,09,265

United india Insurance Company Ltd

Total (b)

Grand Total 12,13,488 62,52,966

15.03,919 1,29,27,251

(12,S5231 113.711J

65,42,928

6 Fixed Assets Schedule is Separately shown in the Page No.

7 INVESTMENTS:

Particulars KGE FD- 85031337470

Co Bal 30,00,.000

1.00,00.000

Op Bai Made 30,00,000

Matured

KGB- FD 85033894335 1,00,00,000

KGB- FD- 85035415549 1,30,00,00G 1.30.00,000

KGB- FD 85035415640

KGB- FD 85036894255

KGB- FD IV

1,30,00,000

1,00,00,000 1.30,00,000

1.30,00,000 1,00.00.000o 1,30,00.00G

KMB- FO- 3211719723 30,00,000

70,00.000o 30,00,000

KMB- FD 3211719730 70.00.000

KMB-3211341108 82,00,000 1,85,006 83,85,006

KMB- FD- 3211719747 1.00,00,000 3,21,85,006

1,00,00,060 5,30,03.000 Total 82,00,000o 3,73,85,0066

8 CASH AND BANK BALANCES: Particulars As on 31.03.15 Ason 31.03.16

1,45,902 Cask in Hand 2,71,614

Cash at Bank: SBI CA NO. 30229582145 Commercial Branch 60,855 1,28,071

s2! CA NC. 30229593112 Commerciai Branch 29,21,984 24,81.556

SBI CA NO.3081S639108 Conmmercial Branch 72,73S 32.386

Kotak Mahindra Bank 3211437313 46,90.114 6,27,830

Kotak Mahindra Bank 3211343522 21.32,160 148

Kotak Mehindra Bank 3211343539 7,638 4,347

Kotak Mahindra Bank - 3211343546 36,749 20,723

Kotak Mahindra Bank 3211312634

KGE-8503190 1952 KGB-65031901695

6,44,468 6,21,958 1,24.57,070

1.85370 1,68,31.079 Total 1,09.12.655

Note: Bank Reroncilation Statcments are given separetely at l'age No.

NTHAV

ESORE

Chart - 5 -dAccou

MAHARAJA INSTITUTE OF TECHNOLOGY, MYSORE Managed By: MAHARAJA EDUCATION TRUST (R)


BANK RECONCILIATION STATEMENTS: 1 KAVERI GRAMEENA BANK,SB 8503195190 2

Balance as per Cash Book on 31-03-2016 Add Cheque issued but not presented for payment:

8A

1,24,57,070

Nanie Chq No. Bank Date Amount Advance to Ramakrishne Gowda.C - Civil HOD No. 025626 69,675 Lekha A Studcnt No. 025619 7,500 SC-Ehavani Paper Mart No. 025618 02/04/2016

No. 025608 06/04/2016

C6/04/2016 13/04/2016 15/04/2016 16/04/2016 20/04/2016 20/04/2016 20/04/2016 20/04/2016 28/04/2016

6,330 Yousuf Sharil 34,500 Inc-Other Fee No. 025609 31,500 SC-Sri Vasavi Books & Stationeries No.025623 1,60,000 SC-KSRTC- Mysore Rural SC-Engineering Tools and Equip SC-KSRTC Chamarajanagar SC-KSRTC Chamarajanagar

No.0256510 2,32,074 No. 025611 46,815 No.025612 47,381 No.025622 2,27,429

SC-Rajan Electricals No.025615 5,999 SC-Net Point No.025616 10,540 Padmini PN Student Fayaz student

No.025620 6,000 No.025621 16/05/2016 49,500

Balance as per Bank pass book on 31-03-2016 9.35,243

1,33,92,313

2 KAVERI GRÁMEENA BANK, SB-3211312634-Fec Balarnce as per Cash Book on 31-03-2016 Add: Cheque issued but not presented for payment:

6,21.958

Name Chq No. Bank Date Amount SC-Rajan Electricals No.002343 02/04/2016

04/04/2016 13,699

SC-Yeshash Cable Network No.002350 64,521 7,00,178

Less: Cheque received but not encashed

Placement Expenses Balance as per Bank pass book on 31-03-2016

No.057440 02/04/2016 5,000 6,95,178

3 STATE BANK OF INDIA, CA-30229582145-Exam Balance as per Cash Book on 31-03-2016 Add Cheque issued but not presented for payment:

1,28,071

SC-Narmada Service Station No.326197 02/C4/2016 32,513 1,60,584

Baiance as per Bank pass book on 31-03-2016

STATE EANK OF INDIA, CA-30229593112 Balance as per Cash Book on 31-03-2016

Add: Cheque issued but not presented for pay1nent: 24,81,556

SC-Advaya Softecih Pvt Ltd No.648321 3,971 SC-Yeshash Cable Network No.648325 04/04/2016

06/04/2016 64,521

Dep-CHEsCOM No.648324 71.220 Balance as per Bank pass book on 31-03-2016

26,24,263 HAVAR

MYSORE

hter


Managed By: MAHARAJA EDUCATION TRUST (R) Bchind K.R Mills, Belavadi, Srirangapatna, Mandya 571 438

8A BANK RECONCILIATION STATEMENTS:

1 KAVERI GRAMEENA BANK, SB B5031951902 Balance as per Cash Book on 31-03-2016 Add: Cheque issued but not presented for payment:

1,24,S7,070

Nanie Bank Date Amount Chq No.

No. 025626 Advance to Ramakrishne Gowda.C-Civil HOD Lekha A - Student

69,675 No. 025619 7,500

02/04/2016 06/04/2016 C6/04/20116 13/04/2016 15/04/2016 16/04/2016

20/04/2016 20/04/2016 20/04/2016 20/04/2016 28/04/2016

16/05/2016

St-Bhavani Paper Mart No. 025618 6,330 Yousuf Sharifl No. 025608 34,500 Inc-Other Fee No. 025609 31,500 SC-Sri Vasavi Books & Stationeries No. 025623 1,60,000

SC-KSRTC- Mysore Rural SC- Engineering Tools and Equip

SC-KSRTC Chamarajanagar SC-KSRTC Chamarajanagar

No. 025610 2,32,074 No. 025611 46,815 No.0256112 381 No.025622 2,27,429

SC-Rajan ElectricaBs No.025615 S,999

SC-Net Point No.025616 10,540 Padmini PN Student Fayaz student

Baiance as per Bank pass book on 31-03-2016

No.025620 6,000 9,35,243

1,33,92.313 No.025621 49,500

2 KAVERI GRAMEENA BANK, SB-3211312634-Fee Balance as per Cash Book on 31-03-2016 Add: Cheque issued but rot presented for payment:

6,21.958

Name Chq No. Bank Date Amount

SC-Rajan Electricals 02/04/2016

04/04/2016 No.002343 13,699

SC-Yeshash Cable Network No.002350 64,521 78,2 7,00,17

Less: Cheque received but not encashed

Placement Expenses

Balance as per Bank pass book on 31-03-2016 No.057440 02/04/2016 S,000

6,95,178

STATE BANK OF iNDIA, CA-30229582145-Exam Balance as per Cash Book on 31-03-2016

Add: Cheque issued but not presented for payment: 1,28,071

SC-Narmada Service Station No.326197 02/04/2016 Baiance as perBank passbookon 31-03-2016

32,513 1,60.584

4 STATE BANK GF INDiA, CA-30229593112 Balance as per Casi1 Book on 31-03-2016 Add: Cheque issued but not presented for pay1nent:

SC-Advaya Softech Pvt Ltd SC-Yeshash Cable Network

24,81,556

No.648321 3.971 No.648325 04/04/2016

06/04/2016 ,521

Dep-CHESCOM No.648324 71.220 Balance as per Bank pass book on 31-03-2016

NAR 26,24,2ói

MYSOK

MANARAJA INSTITUTE OF TECHNOLOGY, MYSORE

Managed By: MAHARAJA EDUCATION TRUST® Behind K.RMills, Belavadi, Srirangapatna, Mandya 571 438

SCHEDULES TO ACCoUNT: 2015-16 (Amt in Rs)

9 FEES RECEIVIABLE: Particulars

(a) From KEA (CET)

b)From COMEDK (PCCET) () Change of College (d) From Students:

Op Bal 11.10,000

Receivable 2.21,80,980

31,50,000

Received 2,07,33,080

Clo Bal 25,57,9000|

31,50,000

19,26,480 20,46,480 (1,20,000

BE 20I5-16 37.53,430 22,84,95,725 1,25,92,140

23,31.520 22,99,17,635

MCA:2015-16 1,21,700 1,24,43,840 2,70,000

MBA 2015-16 16,29,9401 94,3 (5,000)

3,61,500 2,46,85,560 2,34,17,120

MTech: 2015-16 89,500 44,33,520 44,28630

66,420 Detained student 2013-14 (38,090) 99,510

Detained student 2014-15 S1,19,200 51,19,200

(e) From Social Welfare Dept

BE 1.01,22,071 248,42,978 2,21,75,779 1,27,89,270

MBA/MCA/MTech OPassed out or Detained Student

Ce) Fee Concession -BCM

16.89,490 6,05.289

16,89,490 6,05,289

1,40,671 32,82,72,0S3

1,40,671 1,96,88.691 32,57.92,963 Total

Schedule 9a: Fee receivable from the list of Students has been given separately in Page No. j1 1,72,09,601

10 DEPOsITS: Ref unc ded Clo Bal Op Bal

1,72,490

6,500

Paid Particulars

Electricity Deposit with CESCOM

LPG Cylinder Deposits Transportation with KSRTC

Telephone with BSNL

1,32,623 3,05,113

6.S00 44,03.566

54,66,965 3,69,260 14,32,659

S00 S6.46,4S5

S00 47.15.679

Totai 5.01,883 14,32,659

11 LOANS AND ADVANCES: Particulars

Paid 42,34,S00

62,43,501

Received 22,65,169 64,82,S18

1,01374

20,83.842

Clo Bal 37,16.73

69,961

Op Bal 17,47,408 (Sch 11a)

(Sch 11b) Salary Advance/Loans Advance to Staff for Expenses Harstia Cheluvegowda-SPMS (Note 21.5(b) Ballarigowda.T.S -Contractor

Heptzi Elevator Pvt Ltd

Karnataka Rural Infrastructural Dev Ltd.

3,08,978 80.48,626 10,50,000 15,30.000

81.50,000

31,33,842

15.30,000 6.37S

35.92,761

5,14 2,17.66,991

6.375 1.09.39.278

14S- 1.44.20.474

Toral

11a SALARY ADVANCE/LOANS: Particulars

Ananth, N.S, Accountant

Op Bal 7.3S0

Paid 52,500

Received 22,050

16,500

Clo Bal 37,800

93.500 1,10,000 Anl Kumar, M M Asst Prof Mec

Arun Kumar YN, Lab Asst, Phy 7,560 6,340

13,900 8,250

13,860

SS,000 27,500 35.7S0

Ashok R 7,560 6.300

BalarajuGardener

Ajay CK- Asst Prof Maths Arvind G MCA Dept

Chetan Kumar H B,Lab Asst, E&C

Chinnaswamy Painter

Deepak.K.S

Deepu R, HOD, CS

Devairma, House Keeping

26,400

11,000 88,000

61,600

1,10,000 99,000

17,640 10,080 7.S60

10,080 9,830 19,960 13,860

26.4 +6

33,000 7,64

31,500 18,900

S5,000 27,500 5,500 4,210

44,000

21,000 7,570 33,000

Devendra.B 88,000

2,36,530o S,000

5,28,000

66,000 2,91.700

27,000 4,72,830 Dr.Manju B

Balance c/t

taYSORE

MA

HA

RA

JA IN

ST

ITU

TE

OF

TE

CH

NO

LO

GY

, MY

SO

RE

Man

aged

By: M

AH

AR

AJA

ED

UC

AT

ION

TRUST B

eh

ind

KR

Mills, B

elavadi, Sriran

gap

atna, M

andya 57

1 438

sCHED

ULES TO A

CC

OU

NT

: 20

15

-1

6

(Am

t in R

s)

11

a SA

LA

RY

AD

VA

NCE/LO

AN

S: (Co

ntd

.) C

lo Bal 4

,72

.83

0

Received

2,9

1,7

00

3

,90

,00

0

1,8

0,0

00

Op

Bal

2,3

6,5

30

P

aid 5,28,000

ParticularTS B

alance b/d

8,60,000

1,6

5,0

00

1

0,8

5,0

00

D

r.Murali S

, CS

Dept

Dr.8

G N

aresh Kum

ar -Principal

1,2

0,0

00

3,0

0,0

00

1,0

5,0

00

1,8

0,0

00

1,3

2,0

00

7,560

Dr.V

asud

evT

2,85,000

66

,00

0

1,98,000D

r, Vijayalakshm

i Dayal- A

ssociate Pro

f

Eshw

ar, Helper

Bom

maiah R

- House K

eeper G

od

frey D

evaputra, Asst. P

rof, M

E

S,6

70

1

3,2

30

21,000 5

,88

0

15,120 1

6,5

00

42

,56

1

16,500 1,439

HarishK

umar.k.P

4

4,0

00

4

,40

,00

0

1,6

0,0

00

27,500 6,00,000

Dr C

heth

an H

K

Hannaraju B

-Cse D

ept G

uru

raj M H

5,500 55,000

33

,00

0

27

,50

0

63

,00

0

82,500 1,47,000

1,10,000

Harsh

ith D

iwakar

2,10,000

20,160 9,240

10

,92

0

Kum

ar.K. (C

SE)

Lethan M

.N, A

sst Prof E&C D

ept M

adh

u, K

. Lab A

sst CS

33

,00

0

11

,00

0

44

,00

0

5,880 4

6,2

00

7,5

60

17,850 18,900

52,500 1

2,1

80

Mahesh.S

Gard

en A

sst 17.640

10

,08

0

26,250 8

,40

0

Jayamala

Kiran K

S M

ec Dept

Lak

sham

ma H

elper

Maniyam

ma, H

ouse Keeping

Man

jun

ath H

K

Man

jun

ath

B, A

sst Prof, M

CA

Man

u Y

.P, Lab. A

sst, IS

Nanjundaswamy M

ahadevaswam

y M- M

ec Dept

Mahesha

House K

eeper

7,350 26,250 15,750

10

,71

0

23,500 S

,04

0

11,000 22,500

10

,00

0

10

,08

0

8,4

00

480

44,000 3,780 5,040

33

,00

0

11,000

26,250 1

1,1

30

1

8,9

00

5,0

40

26,2 8

,40

0

17

,85

0

15,750 4,410

11

.34

0

Punith.M

S.

11,850 1

1,8

50

4,200 4

,20

0

RaghavendraS-A

ccountant R

ajapp

a N, H

elper R

am

ak

rishn

eg

ow

da, L

ab Asst, M

E

Ram

esh K

umar H

p, Lab Asst,IS

Mallikarjun M

B-Finance Mgr

Ranjith K

umar C, H

ousekeeping

14,218 7,818

6,400 26,250

7.350 18,900

13,230 7.560

5,670 36,750

11,760 2

4,9

90

3,780 26,250

11,130 1

8,9

00

Rav

iku

mar H

, Asst Prof, EC

44

,00

0

33

,00

0

11,000

Rav

iku

mar K

S 44,000

33

,00

0

11,000

3,24,500 1,21,500

2,0

3,0

00

R

av

iku

mar T

, PR

O

Ren

uk

a S, Library A

sst

San

tosh

E-C

SE

Dept

26,250 6

,30

0

19

.95

0

SS,000 8

,25

0

16

,75

0

Padm

avathi1,05,000

21

,00

0

84

,00

0

4,410 4,410

Sara

sam

ma, H

ou

se Keeping

Sh

ivak

um

ar NG

13,230

7,560 S

,67

0

18

,90

0

9.2

40

8.250

26,250 7,350

Man

jun

ada S

C

Shivakum

ar B, Mechanic, M

E 19,320

10,080

Shivakum

ar-MB

A

41,250 3

3,0

00

Shivaraj, O

ffice 3,780

3,7

80

21,000 ,8

80

1

S.1

20

N

av

een

a V

55,000

S5

,00

0

Pu

nith

N C

ivil D

ept 7

.S6

11,550 S

hiv

en

dra

KD

17,6

10

,08

0

Siddaraj M

g, Lab lust, CS

24.1 1

2,6

00

55

.00

0

19

,25

0

35,750 R

amesh G

C

Balance c/f

17

,17

,29

8

35,53,250 2

0,7

8,4

09

3

1,9

2,1

39

MA

V

AA

YZ

OR

E

Chartet AC

Co

U Su

MA

HA

RA

jA iN

ST

ITU

TE

OF

TE

CH

NG

LO

GY

, MY

SO

RE

Managei B

y: MäH

AP

AJA

EE

VC

AT

ION

TR

US

T ®

Seb

ind

K.R

Mills, 6

elavad

i, Sria

ng

ap

atn

a, M

andya 5

7i 4

38

SC

HE

DU

LE

S T

O A

CC

oU

NT

:20

1S

-1

6

Am

t in R

s)

11a SA

LA

Rr A

DV

AN

CE/LOA

NS: (C

ontd..}

Particuar P

aid

3

5,5

3,2

50

P

eceived 2

0,7

8,4

09

11,000

Cio Ra 3

1,2

.13

9

Op P

ai B

aiance b

fd

17

,17

,29

3

99

.00

0

1,1

0,0

00

52,500 Sm

ithashrec KP -ise D

ep: S

rinivase Gow

da M P, tit S

uprdt

Su

na R

Asst P

rof, FC

E D

ep

Sreyas C

-Mec D

ept

Somesh M

ec Dept

Sw

amy, L

ibrary Asst

Tashasw

ini A R

-Cse D

ept

Viv

ek -

civ

il

16,670 2

,0C

0

6,170 33,9600

93,500 55,000

22,0-20 1

6.5

09

1

,10

,00

0

SS,000 1

4,7

00

4

,30

26,250 7,3S

0 1

3,9

90

27.500 8

2.5

00

1

,10

,00

0

6,3

03

S2,500

16

,90

0

42,0C6

7,4

00

33,0G0

33,000 3716.739

17

,64

0

10

,24

0

Venkatappa, H

elper M

anasa M G

-Ece D

ept

Yashvanth M

K,-C

ivil Dept

S5

,00

0

22

,00

0

SS

,00

0

42

,34

,50

0

22

,00

0

22

,65

,16

9

Total 17,47,408

11

5 ADVANCE TO

STAFF FUR EXPENSES:

Nam

e of Staff & D

epartnment

Advanced

Recovered

Clo

Eai

Op Bal

1,5

8,3

71

1

,58

.37

1

UR

MU

RA

uS

38,174 3

9.1

74

D

R V

AS

UD

EV

T-

MC

A

S,0

09

S

.17

,41

4

5,14,250 36,000

8,164 H

AR

SH

TH

- PA

LC

EM

EH

T

27,000 (4,200) 2

0,0

00

S4,462

43,000 8

9,9

25

23.0 (37,0063 20,009

KIR

AN

KU

MA

R.L

- NSS

i,57,119 6

9.6

75

N

AN

DA

KU

MA

RR

.B

69.675 R

AM

AK

RIS

HIN

EG

OW

DA

.C- C

IVIL

HO

D

11,00 4,300

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8,0

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13

Mem

iers -

Nu

te

52

,26

14

7

62,13,591 2,26,447 64.82,518

To

a

i.12,433 N

ote

: Advcances paid to

tliein

are r

ecctr

ed

fully, So

no

t se)a

razeiy

stho

wn

.

12 A

CA

DEM

IC R

EC

EIPT

S: 2015-16

PA

RT

ICU

LA

RS

FE

ES

FR

OM

ST

UD

EN

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: i,0

2,0

5,7

50

B

us Fees

15,75.65.120 T

uition Fee

3,7

6.0

7.5

50

T

uition Fee- Package 4

.63

.61

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0

13

,74

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t C

ollege Fee

Piacem

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4.1

2.0

95

2

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3,48,150 F

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S A

pplication Fee (Prospectes, idmissi:2a, Exom

2

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5

2.07.315 i Tote:(C

AYAR T

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MA

HA

RA

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UT

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Managed B

y: MA

HA

RA

JA E

DU

CA

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RU

ST

®

Bel:in

d K

R M

ills, Reliav

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rirang

apatn

a, Mandya

-

S7

1 4

38

SC

HE

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S T

O A

Cco

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T: 2

01

5-1

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(Am

t in Rs)

13

O

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INC

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: 2

01

5-1

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PA

RT

ICU

LA

RS

Ren

t Receiv

ed:

84,000 2

6,9

60

S

hiv

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da C

an

teen

Cotfee D

ay :Harisha

NIT Store:Jayaram

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24,000 1

3,6

50

5,8

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1

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6

1,5

7.0

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2,4

5,6

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8

5,2

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P

rom

etric

NB

E

Tata C

onsultancy 4

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,86

2

Miscellaneous Incom

e (Note: 22.5)

Int on Vehide Loan (H

arsha CheluveG

owda)

99

.37

5

12,27,543 T

ota

l

14 EM

PLOY

EE COST 2015-16 8,59,21,356

PAR

TIC

UL

AR

S S

aff Salary E

mp

loy

ers P

F C

on

tribu

tion

Em

plo

yers E

SI C

on

tribu

tion

Guest Facu!ty

Stipend-PhD -

Rese

arc

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old

er

Staff W

elfare

46

,53

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7

88

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2

1,12,498 1

0,3

0,1

50

2,0

4,4

66

9

,20

,10

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9

TotaB

15

A

CA

DEM

IC EX

PENSES:

20

15

-16

33.32.458

PA

RT

ICU

LA

RS

(Sch 15(a)) (Sch 1

5))

VTU

Regisaraion &

Ex

amin

ation

Ex

pen

ses:

Deparum

etal Expenses:

STUDENT RELATED EXPENSES: F

unctions &C

ultural Activ

ities Fx

pen

ses

Job

Fair e

xp

en

ses

Mah

ad

asa

ra F

est

8,76,893

1,2

0,2

00

9

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,52

1

5.40,815 2

9,5

27

N

ewspaper S

uascrip

tion

P

lacement E

xpenses S

emin

ars, Co

nfe

ren

ces &

Wo

rksh

op

Sports Expenses S

tudents' Welfare E

xp

enses

CO

ME

DK

Reg

istration

Fee

C-M

AT

Ex

amin

ation

ex

pen

ses

Meritrac Service-E

xam expenses

Pro

metric -

Ex

am

ex

pen

ses

8,63,940 2

1.6

10

5

9,0

88

28,47.449 2

5,0

00

2

.22

.73

9

61.740

1.2

8.3

00

7

2.7

1,8

31

T

otal

15(a) V

TU REGISTRATION &

EXA

MIN

ATIO

N:

PA

RT

ICU

LA

RS

V

TU

4ICT

E R

egistration Fees &

Exanm E

xp

euses

20

15

-16

3

6,0

1,9

50

(2.6

9.4

92

3

3.3

2,4

S5

V

TU E

xam R

emuneration

Total

Charte


Bchind K

.R M

ills, Belavadi, Srirangapatna, Mandya -5

71

438 SC

HED

ULES TO

ACCOUNT: 2015-16

(Am

t in Rs)

i5(b) DEPANTMENTAL EXPENSES: PARTICULARS

Chemistry Dept. Expenses

Givil D

epartment

Com

puter Science Dept. Expenses

E&CDept Expenses

Informaton Science D

ep Library Expenses M

BA

Dep

artmen

t Ex

pen

ses

MCA D

epartment E

xpenses M

echanical Departm

ent Expenses

Mathem

atics Departm

ent

2015-16 47,493 30,924 26,300

1,72,053 15,505

3,42,800 18,865

7,700 2,13,453

1,8

00

8,76.893j

Fo

tal 16

SECU

RED

LO

AN

S:

Particulars L

oan- KM

B-L

CV

-137865 -V

ehicle lo

an

Op bal 11,02,719

Clo

B

al

8,09,950 Received

Paid

2,92,769 2,92,769

Loan-KMB-LCV-137871-Vehicle Loan

11,03,382 8,10,613

Veh

ide L

oan (Bu

s) -R

eliance Cap

ital Ltd

5,86342 S,86,342

S,86,342 11,71.880

16.20.562 22,06,100

17 U

NSEC

UR

ED LO

AN

S:

Bnagawan K

H

eenalakshman D

evnani 10,00,000 30,09,000

10,00,000 30.00,000

Mehak V

arandani R

ajendra Kum

ar Mohanlai

Sangeetha B A

huja

VenugopalC

10,00,000 30,00,000

10,00,000 30,00,000 10,00,000

10,00,000 10.00,000

TOTA

L1,00.00.000 10,00.000

1,00,00,000 1

8 ADMIN:STRATIVE &

GENERAL EXPENSES: PA

RTICULA

RS A

dvertiserment &

Sponsorship 2

01

5-1

6

2,50,126 A

udit Fee

84,612 40,000

Annual M

aiitenance Charges -

Wate

r iine

Electricity Charges Focd E

xpenses 10,33.528

6,21,482 G

eneral Veh

ide In

suran

ce P'reraiu

m

1,36,770 in

ternet C

harges

Office E

xpenses TD

S&PT Filing C

harges Postagc&

Co

urier

Magazine Printing &

Stationery Profession-Tax (Collegej Telephone (Charges Security Service C

harges R

adiuic Sticker Expenses (am

ount« limit specified in 194C. So n

o TDS)

3,91.989 7

5,4

94

18

,22

5

i6,8

89

6.37,230

2,5

00

4,61,524 5,04,S48 48.000

43,22,916 Total

TRANSPORTATION EXPENSES: 1. V

ebicles {owned by Iustitutionsj-Travelling and Conveyance

2. Vehicdes taken o

n hire S

us hire charges (KSRTC &

SMPS)

19

4,64.923 2.43,31,767 2.47,96.699

Total

20 REPAARS &

MANTENANCE o

mp

ute

r & P

rinter M

ainten

ance

,23

,27

1

ulC

en

biamm

enance

,3

G

enerator& V

elicle Maintenance

10,08,117 R

epair e Mainten.aece

7.S1.446 20,93,159

To

t:l FINANCIAl. COSTS B

ank Charges

tere

st o

n Jeh

icle lo:n

{Eiclher Bus)

21

(Note 215c))

1,15,733

2.33,702 T

otal

MA

HA

RA

JA

INS

TIT

UT

E O

F TEC

HN

OLO

GY

, MY

SO

RE

Man

aged

By: MA

HA

RA

JA E

OU

CA

TIO

N TRUST (R)

Beh

ind

K.R

Mills, B

elavadi, Srirangapatna, Mandy2 -S

71

43

8

SCH

ED

UL

ES TO

AC

CO

UN

T: 2015-16

9a S

tNo

_

Particulars A

mount

SI.No

Particulars

Am

ount B

E 2

01

5-1

6

8alan

ce b/d

19,10,850

1 A

BHILA

SH JA

IN.T

.P (4M

H15M

EO01)

25

,00

0

57 SANTOSH BA

LLCHA

NO

RA G

OW

OA

(4MH

13CV

425) (3,600)

1,01,500 (4

1,5

)

2 A

SHISH

EK B

I (4MH

13Cs001) 1,500

58 SHABAAZ ALI KHAN .K. (4M

H12M

E 100)

3 A

BHISH

EK M

O (4M

H14M

EO02)

59 SH

ABA

Z KH

AN

(4MH

14ME

O88)

60 SH

AM

AN

TH, K

.C (4M

H11C

S426)

40

,00

0

AB

HISH

EK

M.E

. (4MH

ISEC

A00)

5 ABHISHEK. M

.R (4M

H13CVO04) 750

20

,00

0

15,970 61

SHA

MB

UU

NG

A L

(4MH

14ME

416)

62 SH

ASH

IKA

LAH

.S (4MH

14EC

O87)

63

S

HIV

A K

UM

AR

.M -

GV

(4

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15

Cv

43

2)

64 SH

RIKA

NT U

MA

CH

AG

I (4MH

14ME

418)

79

,00

0

AD

ARSH

GO

wD

A.C

G. (4M

HIS

CV

O03)

50

,00

0

66,500 7

AKTLESH GOWDA H.P (4MH

13MEO

09) 8ANILKUMARH (4MH14CV401) 9A

NU

SHA

, N.(CIV

) (4MH

I1CV

004)

80,000 23,000

64,50 73,000

(10,890) 65

SHW

ETHA

S. (4A

H1

1E

co8

9)

66 SNEHA.B (4M

H12C

VO

98) 67

sONU.S (4MH

14�S128)

40,000 1

0

AS

HW

AT

H.G

(4M

HI2

ME

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2)

40,000 40,000

11 A

VIN

ASH

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. (4MH

I3ISO12)

12 B

HA

RA

TH

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H1

3C

Vo

21

) (S00)

95,000 50,000

68 sO

UN

DA

RYA

S (4M

H1

3/s0

83

) 33,000

13

CH

AITH

RA D

G (4M

H13ISO

14) 2,000

69 SRINIDHIL.G.H (4M

H13C

V112)

1,.000 14

CH

ETAN

A T.M

(4MH

ISCV019)

(12,500) 19,030

1s

HE

TA

NS

PATIL (4MH14CV023) 1

6

CHETHAN KUMAR,

K. (4M

HI1cvoo8)

70 SRU

SHTI K

.Y. (4M

H1S

CS

O94)

71 SU

BHA

SH C

HA

ND

RA

, K. (4MH

11ME

106) (1,100)

4,000 1

4,0

00

72

SUH

AS.C

N (4M

H12E

CO

98)

73 SU

HA

S K G

OW

DA

(4MH

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105)

74 SU

JAN

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12EC

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75 T

EJA

SI(4MH

ISCV

109)

76 VINDHIYA RAN! H

G (4M

H14EC

423) 77

VIN

UTH

AS. (4M

H12C

V124)

78

V

IVEK

, M.M

. (4M

HO

9cv

oO

s)

79 W

ASE

EM

SAIFI (4

MH

14

ME

11

5)

1,000 1

7

FAR

REu TRU

EMA

NN

JAM

ES

I (4IHISISO

24) 40,000

(3,75,000) 1

s G

OPIN

ATH

G R

(4MH

12ME033)

20,000 40,000

19 H

AR

SHA

AG

. (4M

H1

scvo

39

)

20

H

ARSH

ITH M

(MEC) (4M

H12M

E036) 4

5,0

00

17,590

40,000 60,000

21 JA

YA

NTH

J {4MH

15ME

040) o,000

40,000 2

2

JAY

AN

TH

M B

(4M

H1

3M

E0

43

) 40,000

2,000 K

IRA

N R

- Cv (4AHISCV411) K

RUTH

IKA

RAJ R

(4M

H:S

cvo

47

) 1,25.000

(41,590 2

0,7

1,5

20

1

5,0

00

2

5

AT

HA

S. (4

MH

ISIS

04

0)

5,0

00

2

6

MA

DH

UR

YA

M

-ISE

(4M

H1

5IS

G4

2)

17

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M

BA

M

AH

AD

EV

A P

RA

SA

D K

S -

CIv

(4M

H1

5cv

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1)

(10,000) 8

0

AB

HISH

EK A

R. (4

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ISM

BA

02

)

81 ABHISHEK RED

DY

K.M

. (4MH

1SM

BA

03)

82

A

BH

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S -SH

IVE

NN

EG

Ow

DA

(4MH

1SRM

BA

D1)

83

A

DA

RSH

A N

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MH

1S

MB

A0

4)

20,C00

28 M

AH

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H K

UM

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13

ME

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S)

0,5

00

14,3

29 M

AN

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H12C

SO

S0,

S0

0

20,000 3

0

MA

NIS

HA

R (C

MH

14

ISO

53

) 31,S

00 20,000

MO AM

ED (4MH14CSOS50) 32

MO

HA

MM

AD

! .M. (4

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CS

05

7)

48

,00

0

84

A

FSHA

(4M

HIS

MB

AO

5)

20,000 (2,500)

85 AW

IT BHASKARH

EGD

E (4MH

:SM

BA

06)

86 A

NN

APU

RNA

Y P (4M

H1S

MB

A08)

20,000 32

MO

HA

MtA

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FAISA

L K

HA

N .4

MH

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81

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0

20,000 MOHAMMED

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35 M

OH

ITH

KS

. (4M

H1

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vo

68

)3,00

87

A

RV

IN0 K

UM

AR

YA

DA

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MB

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0)

46,000 88

ASH

WIN

IS -MB

A (4M

H1SM

BA

10) 89

ATIF ZESHA

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H1S

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40

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0

20,000 3

6

NA

MIT

HA

, B. (4

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10

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22

) 3

0,0

00

20,000

37

N

AN

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(4M

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4M

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64

) 90

BHARATH KU

MA

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BINDU MS

(4MH

1SM

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70

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0

20,00 2

8

NA

VE

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(4M

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2M

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20,000

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72

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4,0

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92

CHIRA

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40

N

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93 O

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. (4MH

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i N

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IN N

(4M

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16

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94 D

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(4M

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42

tuT

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HR

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ME

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(1,840) 95

DH

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17,000 96

GIRISH

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(4MH

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44

N

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NA

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P

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6 PA

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82

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46,S00

97 G

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M (4M

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24) 20,000

98 H

ARSH

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(4MH

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26)

99 H

ARSH

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H15M

BA

25)

100 HITHAISHU J (4M

H1SM

BA

27)

1,0

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) 20,000

(2,000) 2

0,0

0

47

P

OO

IA S

HA

NK

PA

L (4

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14

CS

06

6)

66

,00

0

20,000 4

8

PRA

BH

AV

AT

HY

M (4

MH

13

CV

42

1)

40

,00

0

101 Y

OTH

I M (4M

H14M

BA

36) (13,500)

49

R

AJE

ND

RA

PR

AS

AD

B.T

(4M

H1

3C

V0

93

) 25,000

102 KARTHIK .P. -M

BA

(4MH

1ISM6A

29 20,00

50 R

AK

ESHM

.C (4A

H12tM

E086)

40

,00

0

10

3

KA

VY

A

BK

(4M

H1

5M

BA

31

) 20,000

104 KAVYAM

-MBA (4M

H1SM

8A32

105 KIRANK (4M

HIS

MB

A33)

S1

R

AK

SHIT

H S M

EC

(4M

H1

SM

E0

85

) S

,000 20,000

52 RAM

PRASAD (4MH

14I5070) 57,500

20,000

53 R

AM

U, C.K

. (4AH

11CV

036) 1,27,200

106 K

IRAN

KV

{4MH

1SMBA

34) 20,000

54 REK

HA

!{413H14C

SO78)

40

,00

0

107 KISHAN (4M

H1SM

BA

3S) 20,000 20,000

55 SANDHYARAHI.R (4M

H14C

S! 26) se

SAN

IAN

: Y.C

AM

H12cv091)

13,500 1

0S

K

USH

MA

T B

(4M

H1

SM

BA

36

)

20,000 50,000

10

9

KU

SUM

A M

P. (4

MH

ISM

BA

37

)

Balance C

/11

9, 10,850

Balance C

/ S,65,890

Chiarte A

13

* '

MAHARAIA INSTITUTE UF TECHNOLOGY, MYSORE

Managed 0y: MAHARAIA EOUCATION TRUST

dehind K.n MIls, Belavad, Srirangapatnm, Mandya $71 438

sCHEDULES TO ACCOUNT: 2015.16

LAmt in Rs) NET BLOCK

6FIXEID ASSETS: 2015-16 GROSS BLOCK

Addition/ Deletions

DEPRECIATION BLOCK Rate Depn. for

the year PARTICUI.ARS As on As On As on As on As On As on

31.03.15 31.03.16 31.03.15 31.03.16 31.03.15 31.03.16 BLOCK

Electricai Fittings Furniture & Fittings

10.55,354 9,36.393

22,90,329 19,91,747 2,09,200 10 84,615 2,93,815 16,97,932

1.14,20,188 25,391

1,31,43511

8,46,154 1,41,02,975 1,63,93,304 39,58,687 10 10,14,429 49,73,116 1,01,44,2808

Digitn PBX System: 43,000 1.52,01,329

43,000 1.84,28.051

14.788

.41,02.675 17.609 28,212

1,10,18.654 10 2,821

32,26,722 11,01,865 52,84,540 Tolai-A

Air Conditioner 1,00,430 1,00,430 43,489

53,891 15 8,541 52,030 56,941 48,400 Audio Systeins

ibattory & Ups 1,12,021 1,12,021 15 8,720 49,411

34,14,405 62.611 58,130

39,64.316 9,57,912 19,22,220 10,74,324 4,33,499 15,07,823 Canteen Equipments 7,04,542 5 28,89,992

7,04,542 6,59,506

413,903 34,484

8,910

4,57,499 42,716

CCD Cameras 43,596 2,90,639 2,47,043 89,367 5,70,139 Fake Ncte Detector & Currency Counter

8,232 S4,393 6,16,790 12,247 12,247 Garder Equipment 501 9,411 337 1,56,886 10,34,926

1,56,886 10,34,926

2,64,402

2.836 70,628 73,794 15 464

70,452 17,096 6,079

15,66,059

Gencrator 86,258 82,092 5,65,247 1,50,427

6.35,699 1 1.67,523

1D Parcodc Scanner 15 4,69.679 3,99,227 2,64,402 1,07,458

1,90,05,5996

Interco 1.13,975 96,879

34,448 91,68,384

48,918

1,07,450 Laboratory Equipments Mobile Jammer

66,931 85,65,204

15 73,010 40,527 1,04,40,392

2,94,051 1,92,99,61471,10,250

12.600

,10,250 1,01,31.263 Mobile Phones 52,699 15 8,633 61,332

7,010 12,600 57,551

6,023 Photocopier Projector

987 70,000 70,000 6,57 5,590 50,925 2,08,713

2,861 53,786 2,43,760

19,075

2,33,647 4,42,360 23,500 16,214

2,22,100 4,65,860 Punps&iotors

Refrigerator Sports Equipments

10,250 35,047 10,250 3,522 1,009 10,490 10,490 4,531 6,7 28 719 5,014 15 821 55,538

37,000 26,680

4,87,013 5.56,634

5,8351 34,781 17,686 16,382

2,83,830 2.51,458

55,530 5,476 4,655 20,757

Tclevision 31,1i8 15 3,663 24,420 22.722 12,115

Vacuum Cleaner 7,000 14,278 15 3,408 Water Cooler/Purifier

Writing Boards Finger printer reader (Attendance System) Elevatore (wIP) Solar Equipment

26,6 4,87,013 5,72,607

32,000

14,565 2,47,974

19,314 10,298

2,03,183 3,21,149

15 1,817 15 35,856

53,855 3,468

15,973 2,39,039 3,59,031

23,120 S1,400

1,97,603 8,880

32,000 15

51,400 15 51,400

76,20,250 3,69,36,231|

12,348 76,20,250 94,81,825|

19,652 Total-D 2,74,54,406|

1,18,91,918 23,26,663 1,42,18,581 55.62.498 227,17.650 51,400

76,20,250 2,27,17,650 1,55,62,488

www

MAIIARAJA INSTITUTE OF TECIINOLOGY, MYSONE

Managed By: MAHARAA EDUCATION TRUST ® Behind K.R Mlls, Delavadi, Srirangapatna, Mandya - 571 438

sCHEDULESs TO ACCOUNT: 2015-16 CAmt in Rs)

NET BLOCK 6FIXED ASSETS: 2015 16 (Contd..)

DEPRECIATION BLOCK Depn. for

the year PARTICUI.ARS As on Addition As on As on Rate As on As on As on

31.03.15 Deletionss 31.03.16 31.03.15 31.03.16 31.03.15 31.03.16 BLOCK 1

Computer & Software 3,19,06,184 41,23,422 36,42,866 24,74,053 12,245

24,86,299 3,04,52,301 41,43,831L. 36.68,266

19,93,497 3,38,99,681 2,77,82,762 60 3,02,56,815 Printers 2.03,649

3,21,09.833 17,237

20,10.73 4 25,401 2,20,886

3,41,20,567 1,83,240

2,79.66,002 60 1,95,485 20,109

Total-C 1BLOCK V

Maruthi Eeco hn1bulan: 3,77,879 3,77,879 2,59,718

1,80,625 1,76,4591

1,45,815 15 1,97,254 34,810 14.,693

2,32,064 Maruthi 0mni Van 2.59,718 83,259 1,61,766

1,65,055 1,89,153

15 97,952 Tata Indica - KA11M150 2,65,000 (2,65,000) 15 99,945 Tempo Traveler Mahindra XUV 500 Mahindra XUV 500-11 Elcher Rus -KA-11A652 Cicher Dus -KA-11A65:9

2,60 ,00 2,60,000 10,627 1,80,023

1,99,780 6,40,982

5 60,220 10,20,132 9,70,174 9,76,422

70,847 16,61,114 15,79,766 15,89,941

16,61,114 15,79,766

4,60,959 4,38,385

15 12,00,155 11,41,381 1,71,207

1,72,310 15 6,09,592

6,13,519 15,89,941 4,41,209 15 11,48,732 15,09,941 75,83,359

1s.89,941 73,18,359

4,41,209 24,43,551

1,22,310 7.55,979

6,13,5191 30,34,475

1148,732 51,39.908

9,76.422 42,83,884

1otal-D (2,65,000)| BLOCK

LIbrary Dooks 71,89,926 71,89,926

LGrand Total (A)+(B)+(C)+(D)+(E) 8,95,38,853 1,45,84,137L 10,41,22,990 5,30,28,278

1,29,856 1,29,856

73,19,782 13,19,782

65,44,132 65,44,132

3,87.476 3,87,476

70,58,283 5,99,21.S063,65,10,575| 4,42,01,484

60 60

69,31.608 69,31,609

6.45.794 6,45,794

3,88,174 3,88,174

Total-E

NOTE: Depreciation has been provided on additional assets acquired during the year.

, ,

MAHARAJA INSTITUTE OF TECHNOLOGY - MYSORE MANAGEDBY: Maharaja Education Trust(R) Behind K.RMills, Belavadi, Srirangapatna, Mandya-571 438

SCHEDULES TO ACCOUNT: 2015-16 22. NOTES ON ACcOUNT:

h) All expenses of MIT are either supported by regular bills or internal documents. In order to have proper control over the fixed assets acquired & its workings, all the original bills, guarantee cards, after sales service particulars are held with department concerned where they are used.

22.4. ASSETS AND LIABILITIES: LResearch & Project Gränts: It is the policy of the MIT to treat all the R& D Grants as Liability. Any funds Spent in excess of Grant received to treat as expenses. Utilization certificate are submitted to th Granting Authorities concerned as per the requirements stipulated in the Grant orders. All such grants related particulars are given in Sch 1. ii. Various departments of the State Government have conducted Recruitment Examinations in MIT

Campus. The particulars related to such examination are given in Sch 1. Online Examinations are also conducted in its pr�mises. All such Remunerations/Services charges received for such services is made after deducting Tax at Source U/s 1941 of the Income Tax Act,1961 and these amount included in Other income Sch 13.

ii. FEE & OTHER RECEIVABLES: The Students (1« Year) who have been admitted to engineering courses

through CET condücted by Karnataka Examination Authority (KEA) pay the Tuition fee to KEA. The KEA, after allocation of the seats by the VTU, transfers the aforesaid amounts, in four installments to the MIT. MIT has control over such fee receivables from KEA, which has been narrated in Sch 9(a)

iv. The eligible students belonging to SC/ST categories are not required to pay the Tuition fee as per

guidelines from KEA. Such students are mandated to apply for scholarship from Social Welfare Department (Engineering, MBA, MCA & M.Tech). Govt of Karnataka to compensate for the Tuition fee.

Their Tuition fee of those students are shown as fee receivables from Social Welfare Department (refe Sch 9(e

Group Accident Insurance is made during the year for the interested employees from United ndia Insurance Company. Insurance premium is already paid by the MIT which is being recovered from

Employees monthly salary. vi. MIT has started a new project for Electricity power generation from Solar Energy. For which MIT has

spent up to 76.20fakhs during the year for purchasing 100KW grid tied solar purchased from Neulite Products Pvt Ltd. But the project has not yet started its operation as there is an issue of new electricity line to move the electricity generated from MIT to Srirangapatna. So Depreciation is not yet charged as it is not yet put to use..

22.S. INcOME AND EXPENDITURE:

a) In order to provide facilities such as Canteen, Stationery to the students, the MIT has rented out a

portion of its premises for different unrelated persons at concessional rent. Such shops change frequently and hence rent has been accounted on receipt basis.

b) Transportation Charges includes payments made to KSRTC as well as Sri Panchlingeshwara Motor Service (SPMS). As KSRTC Bus hire charges were increasing and found unreasonably higher, MIT decided to utilize the services of Private Bus Service Provider- the said SPMS @ Rs 31.50/km. (inclusive of ali thhe nmaintenanceand repairs & Driver Sata &fuel charges). In this connectioa MIT had provided loan of Rs.81,50,000/ to the said SPMS to purchase 15 buses in the name of MIT with the conditiou iüi the buses so purchased are trausferred to SPMS after the expiry of S5 months. Until then the monthly hire charges are made to SPMS by MIT after deducting Principal of aforesaid loan & interest thereon. Since the ownership vests with SPMS alihough they vere registered in the name of MIT, the buses would be accounted as Fixed Assets in the books of SPMS.

Baik Charges includes Rs.71,011/- Loan Processi:ng ctiarges on Loan granted Reliance Capital. But due to delay in registration process in RTO, the loan was not taken from the Baak. As EMi amounts are

ian by Bank lt was refunded to the lnstitute by deducting Processing Charges.

- 17

MA

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OF

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MY

SOR

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ANAGED BY: M

aharaja Education T

rust(R)

Beh

ind

K.R

.Mills, B

elavadi, Srirangapatna, M

andya-571 43

8

SC

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: 20

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. N

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AC

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d) E

xpenses incurred for purchasing Materials, C

hemicals and L

ab items for C

hemistry, C

ivil, Co

np

uter

E&

C,

Info

rmatio

n

Scien

ce, M

ath

em

atic

s, M

BA

, M

CA

, M

ech

an

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&

Ph

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Lab

are

sh

ow

n

un

der

Academ

ic Expenses in their respective D

epartn

ent. (Sch 1sb).

e) T

elephone charges pertain to landline an

d M

obile phone charges. Mobile phones are provided

to staft

mem

bers w

ith fixed m

inimum

charges. All su

ch ex

pen

sesare

recov

ered from

salary.

Rem

un

era

tion

o

f Teaching & N

on-Teaching

staffs

inclu

des S

alary &

A

rrears paid to

th

e

staff.

An

d

Stipend paid to 4 PhD

Research S

cholars working in M

IT under Maharaja R

esearch Foundation (M

RF).

E)L

ibrary Expenses includes Journal Subscription

Ren

ewal C

harges, M

agazine subscriptions &

V

TU

Co

nso

rtium

An

nu

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bership fee.

h) T

ransportation Charges includes trav

el charges paid to

Gu

est faculty, B

us hire charges (KSRTC)

and

Petro

l and

Diesel ch

arges o

f vehicles of M

IT.

i) In

case o

f necessities, funds are transferred b

etween

from

o

r to M

ET

which are treated as Intern

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on

tribu

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. As th

ey are purely in

ternal in

natu

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uare

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consolidation of acco

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such

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22.6. D

uring the year, MIT has incurred excess o

f lncome over E

xpenditure of Rs. 8,43,70,867/-as co

mp

ared

to Excess of Incom

e over. Expenditure of R

s.16,87,564)- in the previous year 2014-15. This is because

du

ring

the y

ear, the fee collections

& SB

In

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om

pare

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th

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Mah

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ociety were h

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the last

year 2

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College) b

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the y

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prev

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the

increased

Ex

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for M

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Tesident AKANANTHAVARDHANA

Chartered A

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Date:01:122018vARDHANA D

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Secretary

Ch

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Acco

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Dr. G

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CA NO.65, Gurikar Devanna Street - MIT – Mysore

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