Subrata Bakshi, M.P. Genera/Secretaryeci.nic.in/eci_main/mis-Political_Parties/AAR2017/AITC AA 2016-17.pdf · SUBRATA BAKSHI General Secretary. ALLINDIA TRINAMOOL CONGRESS CASH FLOWSTATEMENT

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Subrata Bakshi, M.P.Genera/Secretary

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ToThe Election Commission of IndiaNirvachan SadanAshok RoadNew Delhi 110001

~~VDate: 27/10/2017

Subject: Filing of Audited Accounts for the Financial Year 2016-2017 for our

Party

Sir/ Madam,

Please find enclosed Audited Accounts for the financial year 2016-2017 for our Partyalong with scanned copy of the same on a CD is also enclosed.

Kindly acknowledge receipt of the same and oblige.

General SecretaryAll India Trinamool Congress

Encl.: Audited Accounts in original and scanned copy on CD.

· S~'GHOSE & CO. LLPCHARTERED ACCOUNTANTS

11, OLD POST OFFICE STREETKOLKATA-700 001

Phone: 2231-1995 / 1996 / 1997Fax: 91-033-2248-~~ ,'t

E-Mail: sghose1943@~omWebsite: www.sghosecafirm.com

Independent Auditor's Report

ToThe Chairperson,All India Trinamool Congress,30B, Harish Chatterjee Street,Kolkata-700 026

We have audited the attached Balance Sheet of All India TrinamoolCongress as at 31st March, 2017 the Income & Expenditure Accountand also the Cash Flow statement for the year ended on that date,annexed thereto. These financial statements are the responsibility ofthe Political Party's Management. Our responsibility is to express anopinion on these financial statements based on our audit.

We conducted our audit in accordance with the auditing standardsgenerally accepted in India. Those Standards require that we plan andperform the audit to obtain reasonable assurance about whether thefinancial statements are free of material misstatement.

An audit includes examining, on a test basis, evidence supporting theamounts and disclosures in the financial statements. An audit alsoincludes assessing principles used and significant estimates made bythe management, as well as, evaluating the overall financialstatements presentation. We believe that our audit provides areasonable basis for our opinion.

• 5; GHOSE & CO. LLP.Chartered Accountants CONTINUATION SHEET

If

Further, we report that:

(i) We have obtained all the information and explanations,which to the best of our knowledge and belief were necessaryfor the purposes of our audit.

(ii) In our opinion, proper books of account have been kept bythe Political Party so far as appears from our examination ofthose books.

(iii) The Balance Sheet, Income & Expenditure Account and theCash Flow Statement along with the Schedules I to 21 (NoteNo. I to IX) thereto, which have been dealt with by thisreport are in agreement with the books of account.

(iv) In our opinion and to the best of our information andaccording to the explanations given to us, the said accountsgive a true and fair view in conformity with the accountingprinciples generally accepted in India,-

a) in the case of the Balance Sheet, of the state of affairs ofAll India Trinamool Congress as at 31st March, 2017;

b) in the case of the Income and Expenditure Account, of theDeficit for the year ended on that date; and

c) in the case of the Cash Flow Statement, of the cash flowsfor the year ended on that date.

For S. Ghose & Co LLPChartered Accountants

FRN : 302184E/E300007

Place: KolkataDate: 26.10.17

C_~~CA. Chandan Chattopadhay

PartnerMembership No. 051254

Figs in Rs.ALL INDIA TRINAMOOL CONGRESS /

30B, HARISH CHATTERJEE STREET, KOLKATA -700.026BALANCE SHEET AS AT 31ST MARCH, 2017

SOURCES OF FUNDS Schedule 2016 -17 2015 -16

CORPUS FUND 1 - -

GENERAL FUND 2 1505,37,135 3292,15,928

EARMARKED FUNDS 3 8,961 8,610

RESERVES 4 - -

LOANS & BORROWINGS 5 - -

CURRENT LIABILITIES & PROVISION 6 1119,54,240 1207,43,047

TOTAL 2625,00,336 4499,67,585

APPLICATIONS OF FUNDS

FIXED ASSESTS 7 42,84,469 30,59,642

INVESTMENTS 8 115,27,559 111,14,679

CURRENT ASSESTS 9 2465,78,818 4355,93,962

LOANS, ADVANCES & DEPOSITS 10 1,09,490 1,99,302

TOTAL 2625,00,336 4499,67,585

SUBRATA BAKSHIGeneral Secretary

In terms of our report of even dateS.Ghose & Co. LLPChartered AccountantsRgn. No: 302184E/E300007

, C_~V\CA.CHANDAN CHATTOPADHAYPartnerMembership No.: 051254Place: KolkataDate: 26th October, 2017

AITMC AITMC

I-------to xr;;;7--:7T~NASaGHOSHTreasurer

Figs in Rs.ALL INDIA TRINAMOOL CONGRESS

308, HARISH CHATTERJEESTREET,KOLKATA -700 026INCOME & EXPENDITUREACCOUNT FORTHE YEAR ENDED 31.3.2017

INCOME Schedule 2016 -17 2015 -16FEES& SUBSCRIPTIONS 11 252,99,600 2353,77,463

GRANTS/DONATIONS/CONTRIBUTIONS 12 217,28,701 957,39,072

COLLECTION BY COUPONS/SALE OF PUBLICATI( 13 84,35,118 80,07,459

OTHER INCOME 14 84,85,580 66,62,464

TOTAL (A) J 639,48,999 3457,86,458

EXPENDITUREELECTION EXPENDITURE 15 2312,97,009 1231,30,177

EMPLOYEE COSTS 16 59,18,328 54,00,420

ADMINISTRATIVE AND GENERAL EXPENSES 17 38,16,611 32,74,853

FINANCE COSTS 18 1,715 89,017

DEPRECIATION, AMORTISATION & OTHEREXPENSES 19 15,94,129 16,20,873

TOTAL (B) -c-: 2426,27,792 1335,15,340

Excess of Expenditure over Income (A-B) beingDeficit Transfered to General Fund (1786,78,793)

Excess of Income over Expenditure (A-B)being Surplus Transferred to General Fund 2122,71,118

SIGNIFICANT ACCOUNTING POLICIES 20

NOTES ON ACCOUNTS 21

AITMC AITMCIn terms of our report of even dateS.Ghose & Co. LLPChartered AccountantsRgn. No: 302184E/./tfl

CA.£D~c:r:tOPADHAYPartnerMembership No.: 051254Place: KolkataDate: 26th October, 2017

~-~~TAMONASH GHOSH'Treasurer

SUBRATA BAKSHIGeneral Secretary

ALL INDIA TRINAMOOL CONGRESSCASH FLOW STATEMENT FOR THE THE YEAR ENDED 31st MARCH, 2017

, PARTICULARSA. Cash Flow from Operating Activities

Surplus/ (Deficit)of Fund from Income & ExpenditureAdjustments for :DepreciationInterest on I.T.RefundInterest on FDOperating Profit BeforeWorking Capital ChangesAdjustments for:Increase / (Decrease)in Current Liabilities(Increase) / Decrease in Stock-in-trade(Increase) / Decrease in Advances(Increase) / Decrease in DebtorsCash Generated from OperationsIncome tax (paid)/RefundNet Cash from / (used in)Operating Activities

B.Cash Flow from Investing ActivitiesAdditions to FixedAssetsShort Term Loan& AdvanceAdvance Against ShareBrokerageon sale of investmentInvestment in DebenturePurchase of Investment in PropertyAdvance Against PropertySale of InvestmentInvestment in FDIncrease in Nandigram Martyrs Benevolent FundInterest Receivedon FixedDepositNet Cash from (used in) Investing Activities

C. Cash Flow from Financing ActivitiesEntrance FeesReceivedAdjustment ofShare Issue ExpensesShort term borrowing takenRepayment ofShort Term BorrowingsFinance ChargesNet Cash from (used in) Financing Activities

Net Increase/ (Decrease) in Cash & Cash EquivalentsOpening Balance of Cash and Cash EquivalentsClosing Balance of Cash and Cash Equivalents

AITMC

T~sif(Treasurer

J

31st March, 2017 31st March, 2016Amount (Rs.) Amount (Rs.) Amount (Rs.) Amount (Rs.)

(1786,78,793) 2122,71,118

2,32,987 1,48,522(10,363) (9,303)

(8,52,260) (9,48,665)(1793,08,429) 2114,61,672

(87,88,807) 134,30,664(1,39,704) 7,06,484

442,15,407 (443,52,654)

° 59,275(1440,21,533) 1813,05,441

1,00,175 (4,644)(1439,21,358) 1813,00,797

(14,57,814) -

1818,73,1362080,10,5213898,83,657

5,72,339

(3,76,661)335

9,48,665

(4,12,880)351

8,52,260(10,18,083)

(1449,39,441)3898,83,6572449,44,216

AITMC-In terms of our report of even dateS. Ghose & Co. LLPChartered Accountants

~, ~Firm Reg. No: 302184E!{:OO 7~ c_u- v-;SUBRATA BAKSHI CA. CHANDAN CHATTO ADHYAYGeneral Secretary Partner

Membership No.: 051254Place: KolkataDate: 26th October, 2017.

Figs in Rs,

ALL INDIA TRINAMOOL CONGRESS30B, HARISH CHATIERJEESTREET,KOLKATA -700 026

SCHEDULESTO & FORMING PART OF THE ACCOUNTS FORTHE YEAR ENDED 31 3 2017..SCHEDULE-1 2016 -17 2015 -16CORPUSFUND: - -

SCHEDULE- 2GENERALFUND:Balance as per Last Account 3292,15,928 1169,44,810Surplus/(Deficit) During the Year (1786,78,793) 2122,71,118

TOTAL 1505,37,135 3292,15,928

SCHEDULE- 3EARMARKED FUNDS:Nandigram Martyrs Benevolent Fund 8,610Add: Interests received during the year 351 8,961 8,610

TOTAL 8,610

SCHEDULE-4RESERVES: - -

SCHEDULE- 5LOANS& BORROWINGS: - -

SCHEDULE- 6CURRENTLIABILITIES& PROVISIONS:Outstanding Printing Charges: 3,29,025 23,53,575Liability for Paper Purchase: (2016 - 17) 29,41,711Aviation Expenses Payable:Outstanding for 2014 - 15 1029,84,415 1153,77,660Web Site Desiging Exp, Payable to One By One 59,400 59,400Advertisement Exp, Payable 1,58,760 11,36,653Outstanding Liability for car 9,52,625Amt. Refundable to New Delhi Representative 2,50,000Commission Payable on Sale of Mukhopatra 1,57,041 1,60,822TDSPayable: 2015-16 16,19,437 16,19,437

2016-17 24,30,926 40,50,363 -

Audit Fees Payable: 2013 -14 1,000 1,0002015 -16 34,500 34,5002016 -17 35,400 70,900TOTAL 1119,54,240 1207,43,047

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ALL INDIA TRINAMOOL CONGRESS308, HARISH CHATTERJEE STREET, KOLKATA -700 026

SCHEDULES TO & FORMING PART OF THE ACCOUNTS FORTHE YEAR ENDED 31 3 2017..SCHEDULE- 8InvestmentsTerm Deposits with Allahabad Bank (Op. Bal. on1.4.16) 111,14,679Add: Interest Accrued and Re-invested during2016 -17 4,12,880 111,14,679

TOTAL 115,27,559 111,14,679

SCHEDULE- 9Current AssestsClosing Stock of Papers 12,00,860 10,61,156Advance to Creditors 1,37,247 443,52,654Sundry Debtors Receivable 26,325 26,325Recoverable from Hawkers 2,70,170 2,70,170Cash and Bank Balances:Cash at Bank: (Schedule 21 Note No. VII) 2438,53,326 3888,38,682Cash in Hand: At HO 10,07,406 9,31,486Cash in Hand: At Party Units/Jago Bangia 83484 10,90,890 83,484

Cheques in Hand - 30,005TOTAL 2465,78,818 4355,93,962

SCHEDULE- 10LOANS,ADVANCES& DEPOSITS:Tax Deducted At Source: For AY 2011 -12 10,035 10,035

For AY 2013 -14 580 580

For AY 2015 -16 93813 93,813

Less: Refund Received During the Year 93813 -

For AY 2016 -17 94874 94,874

Less: Refund Received During the Year 94874 -For AY 2017 -18 85,234

TCSFor AY 2017-18 13,641TOTAL 1,09,490 1,99,302

SCHEDULE- 11FEES& SUBSCRIPTION:

FeesL Subscri~tion L Collection from MembersPrimary Members 66,12,000 1295,22,000

Active Members - 635,10,991

Associated Members - 145,65,971

Life Members 1,00,000 84,70,901

Bucket Collections 102,34,100 102,34,100

Subscription from MP/MLA/COUNCILOR 83,53,500 90,73,500

TOTAL 252,99,600 2353,77,463

SCHEDULE- 12GRANTS,DONATIONS & CONTRIBUTIONS:Donations from Members 3,14,500 912,33,070

Donations from others 214,14,201 45,06,002

TOTAL 217,28,701 957,39,072

ALL INDIA TRINAMOOL CONGRESS30B, HARISH CHATTERJEE STREET, KOLKATA -700 026

SCHEDULES TO & FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 3 2017..SCHEDULE- 13COLLECTIONFROM ISSUANCECOUPONS & SALEOF PUBLICATIONS:Sale of Mukhopatra 44,70,676 45,57,749

Hawker Sale 6,47,442 -

Sale of Sarad Sankhya 33,17,000 34,49,710

TOTAL 84,35,118 80,07,459

SCHEDULE-14OTHER INCOME:Bank Interest: Savings Banks 76,22,957

Fixed Deposits 4,39,380

Accured Int. on FD Re-invested 4,12,880 84,75,217 66,53,161

Interest on Refund of IT 10,363 9,303

TOTAL 84,85,580 66,62,464

SCHEDULE- 15ELECTIONEXPENSES:Payment to Candidates 625,00,000 840,00,000

Aviation expenses 996,05,307 141,55,659

Radio & Media expenses- 200,67,745

Web Site Desiging Expenses- 66,000

TV, Newspaper Advt.,Flex Expenses 666,94,381 23,57,550

Conveyance by Railways - 24,13,400

Hotel Expenses97,321 69,823

Other Election Expenses 24,00,000 -

TOTAL 2312,97,009 1231,30,177

SCHEDULE- 16EMPLOYEECOSTS:Office expenses inclusive of Salary, Wages &Honorarium

5,29,063 7,65,848

Commission on Sale of Mukhopatra 1,70,765 1,60,822

Printing Charges52,18,500 44,73,750

TOTAL 59,18,328 54,00,420

SCHEDULE- 17ADMINISTRATIVE AND GENERALEXPENSES:Paper Purchase during the year 29,41,711

Add: Opening Stock as on 1.4.2016 10,61,15640,02,867

Less: Closing stock as on 31.3.2017 12,00,860 28,02,007 25,59,787

Electricity Charges1,59,070 1,03,152

Telephone & Internet Charges1,14,000 67,020

Motor Car Driver & Fuel2,57,691 2,55,632

Motor Car Insurance1,71,022 -

General Printing & Stationery1,09,873 85,000

Travelling & Conveyance1,67,548 1,65,562

Auditors Remuneration (Inclusive of GST) 35,400 38,700

TOTAL 38,16,611 32,74,853

ALL INDIA TRINAMOOL CONGRESS30B, HARISH CHATTERJEE STREET, KOLKATA -700 026

SCHEDULES TO & FORMING PART OF THE ACCOUNTS FORTHE YEAR ENDED 31.3.2017SCHEDULE- 18FINANCECOSTS:Bank Charges 1,715 89,017

TOTAL 1,715 89,017SCHEDULE- 19OTHEREXPENSES:Expenses for Seminars, Meetings & Rally 4,95,201 5,50,000Entertainment expenses 1,60,012 1,97,513Fooding expenses 2,09,688 2,64,890Purchase of Miscelleneous Items - 10,200Miscelleneous expenses 68,633 76,388Miscelleneous expenses for HO 2,32,858 3,73,360conference Expenses 60,000 -Sahid Divas Expenses 1,34,750 -Depreciations: Motor Car 2,30,683 1,42,761

Computer 2,304 2,32,987 5,761TOTAL 15,94,129 16,20,873

Figs in Rs.

ALL INDIA TRINAMOOL CONGRESS308, HARISH CHATTERJEE STREET, KOLKATA -700 026

FIXED ASSETS AS AT 31ST MARCH, 2017SCHEDULE-7

PARTICULARS GROSS BLOCK DEPRECIATION / AMORTISATION NET BLOCKCostas at Addition! Disposal! As at As at For the Disposal! As at As at As at01.04.16 Adjustment Adjustment 31.03.17 01.04.16 year Adjustments 31.03.17 31.03.17 31.03.16

Tangible Assets:

Land 22,46,820 - - 22,46,820 - - - - 22,46,820 22,46,820

Vehicles (Oprn.@ 15%) 8,08,982 14,57,814 - 22,66,796 - 2,30,683 - 2,30,683 20,36,113 8,08,982

Computer (Oprn.@ 60%) 3,840 - - 3,840 - 2,304 - 2,304 1,536 3,840

30,59,642 - - 45,17,456 - 2,32,987 - 2,32,987 42,84,469 30,59,642

.,.

ALL INDIA TRINAMOOL CONGRESS30B, HARISH CHATTERJEESTREET,KOLKATA -700026

SCHEDULESTO & FORMING PART OF THE ACCOUNTS FORTHE YEAR ENDED 31.3.17

SCHEDULE- 20SIGNIFICANT ACCOUNTING POLICIES:

I) All India Trinamool Congress (In short AITMC) is registered under Section29A of the Representation of the PeopleAct 1951 on the pt day of 1998 withthe Election Commission of India.

II) Financial statements are prepared on the basis of Accounting. Standardissued by the Institute of Chartered Accountants of India to the extentpossible subject to applicability of such standards.

III) The accounts of the Party are maintained on historical cost system.Incomes are recognised on actual basis and Expensesare accounted for onaccrual basis.

IV) Balance lying with Nandigram Martyrs Benevolent Fund is credited to"Earmarked Fund".

V) Depreciation on fixed assets is provided on WDV method by applying therates as per the Income TaxAct 1961.

VI) Inventories (Stock of Papers)are valued at lower of cost or market value.

ALL INDIA TRINAMOOL CONGRESS308, HARISH CHATTERJEESTREET,KOLKATA -700026

SCHEDULESTO & FORMING PART OF THE ACCOUNTS FORTHE YEAR ENDED 31.3.17

SCHEDULE- 21NOTESON ACCOUNTS:

I) Rs.22,46,820/- debited to Land A/cs comprises of the paymentsmade to the Estate Officer, Directorate of Estates, Govt. of India,New Delhi during FY-2010-11 Rs.22,28,981/- & FY - 2013-14Rs.17,839/- and allotment of Land is still pending.

II) Outstanding TDSRs.16,19,437/- (F.Y.2015-16) and Rs.24,30,926/­(F.Y. 2016-17) have been deposited to the Govt. Exchequer on26/10/2017.

III) Karukrit Advertising (P) Ltd. has been paid Rs.43,197/- in excessoftheir claim.

IV) No donation has been received from outside India during the year.

V) No penalty of material amount has been imposed on any of theelectoral officers during the year.

VI) In Schedule-9, Sundry Debtor Receivables Rs. 26,325/- andRecoverable from Hawkers Rs. 2,70,170/- is unrealised since2013 - 14.

VII) Account-wise Details of Bank Balances as on 31/03/2017 :

51 Account Bank ALe No. Bal. in Rs.AITC W. B.

UNITMEMBERSHIP

1 FEES ALLAHABAD BAN K 50322194714 41,77,6382 W. B. TMC ALLAHABAD BANK 20790454839 323,58,5593 A. I. TMC ALLAHABAD BANK 50012464468 374,04,074

W. B. TMCELECTION

PREPARATION4 A/C ALLAHABAD BAN K 50303042082 8,35,916

A.I.T.C. W. B.ASSEMBLYELECTION,

5 2016 ALLAHABAD BANK 50325294273 49,77,308TMC

MUNICIPAL UNION BANK OF6 PARTY INDIA 301302010141507 4,32,3967 JAGO BANGLA ALLAHABAD BAN K 50031455280 77,74,7118 JAGO BANGLA ALLAHABAD BANK 20790437596 1067,09,862

W. B. TMCLEGISLATIVE STATE BANK OF

9 PARTY INDIA 34741338046 11,03,859A.I. TMC

PARLIAMENT STATE BANK OF10 PARTY INDIA 10023811941 283,59,455

A. I.TMC STATE BANK OF11 (PARLIAMENT) INDIA 10023812195 197,10,587

NANDIGRAMBENOVOLENT

12 FUND ALLAHABAD BAN K 20790419431 8,961TOTAL 2438,53,326

..•

VIII) Collections/donations/contributions of Rs. 20,000/- and above fromvarious individuals during the year are as follows:

51. Name and Address PAN(if any) and AmountNo. complete Income-Tax Of

address of the Ward/Circle Contributioncontributing (Rs.)

person/company

1. Dhunseri DHUNSERIHOUSE, AABCD8742Q 15,00,000Investments 4A, WOODBURN

Ltd. PARK,KOL-202. Chandra DHUNSERIHOUSE, ADGPD0857K 10,00,000

Kumar 4A, WOODBURNDhanuka PARK,KOL-20

3. Dhunseri DHUNSERIHOUSE, AABCD1597K 50,00,000Petrochem 4A, WOODBURN

Ltd. PARK,KOL-204. Dhunseri Tea DHUNSERIHOUSE, AABCD3545P 25,00,000

& Industries 4A, WOODBURNLtd. PARK,KOL-20

5. Ganga " BIRLABUILDING" AAACG9257E 2,00,000,Properties 9/1, R. N. MUKHERJEEPvt. Ltd. ROAD, KOL-01

6. Great M-10, ADDA AAACG3345F 11,00,000Eastern INDUSTRIAL ESTATE,Energy ASANSOL-713305

CorporationLtd.

7. Paribartan 9/1, R.N. MUKHERJEE AAHCP5763B 50,00,000Electoral ROAD, KOL-01Trust

•8. Samar 8/3, RAJKRISHNA AEEPB9534N 30,100

Banerjee GHOSHAL ROAD,KASBA, KOL-42

9. Texmaco Rail 9/1 R N MUKHERJEE AABCT2592E 50,00,000

& ROAD, BIRLAEngineering BUILDING, KOLKATA-

Ltd. 0110. Kapil Krishna Thakurnagar, P.S. AHUPT8608A 50,000

Thakur Gaighata, North 24Parganas - 743287

11. Dinesh 13/3 Pramathesh ABIPT7262L 50,000

Trivedi Barua Sarani, Kolkata-700019

12. Uma Soren Uttar Bamda, DGYPS6272M 1,00,000Jhargram

Total 215,30,100

IX) Previous year figures have been regrouped/rearranged wherevernecessary.

AITMC AITMCIn terms of our report of even dateS.Ghose& Co. LLPChartered AccountantsRgn.No:302184E/E300007

~" " L NJi~ c_ V'" r'1'"T~~Treasurer

SUBRATA BAKSHIGeneral Secretary

CA. CHANDAN CHATTOPADHAV