From the following data, calculate maximum permissible bank finance under the three methods suggested by Tandon Committee. Extracts from Balance Sheet of M/s Sunrise Energy Ltd as on 31.03.2024. Liabilities ₹ (in Lacs.)

The Maximum Permissible Bank Finance (MPBF) for the company under three methods of Tandon Committee can be ascertained as follows: Total Current Assets = 225 + 135 + 285 + 240 + 165 = 1050 Lacs Current Liabilities excluding Bank Borrowings = 200 + 25 + 75 = 300 Lacs Core Current Assets = 420 Lacs. Method I Maximum Permissible Bank Finance (MPBF) = 75% of (Current Assets - Current Liabilities) = 0.75 (1050 - 300) = 0.75 (750) = ₹ 562.50 Lacs Method II Maximum Permissible Bank Finance (MPBF) = (75% of Current Assets) - Current Liabilities = (0.75 of 1050) - 300 = 787.50 - 300 = ₹ 487.50 Lacs Method III Maximum Permissible Bank Finance (MPBF) = 75% of (Current Assets - Core Current Assets) - Current Liabilities = 75% (1050 - 420) - 300 = 75% (630) - 300 = 472.50 - 300 = ₹ 172.50 Lacs