Drafting balance sheet and p & l

Uma Srilekha Gadepalli (255 Points)

27 May 2023  
filed itr 4 showing income u/s. 44AD.

Turnover - 17,60,000

net profit offered @ 20% - 352,000

o/s is around 258,000

c/s is around 231,000

purchases is around 15,80,000 (excluding GST)

now, the assessee is intending to apply for loan and as usual bank asked for balance sheet and p&l

now, for preparing a drafted p&l, the maximum gross profit we could get is around 153,000.

but we have a met profit around 352,00.

how can we adjust this??

please give your suggestions......