INDIAN INCOME TAX RETURN
[For individuals and HUFs having income from a proprietory business or profession]
(Please see rule 12 of the Income-tax Rules,1962)
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Part A-GEN- Personal Information
Filing Status
Other Details
AUDIT INFORMATION
NATURE OF BUSINESS OR PROFESSION, IF MORE THAN ONE BUSINESS OR PROFESSION
INDICATE THE THREE MAIN ACTIVITIES/PRODUCTS
S.NO |
|
Nature of Business* |
Trade name of the proprietorship, if any |
Trade name of the proprietorship, if any |
Trade name of the proprietorship, if any |
1 |
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Part A-BS - BALANCE SHEET AS ON 31ST DAY OF MARCH, 2014 OF THE PROPRIETORY BUSINESS OR PROFESSION(fill items below in a case where regular books of accounts are maintained, otherwise fill item 6)
Sources of Funds
Application of Funds
No Accounts Case
Part A-P & L- Profit and Loss Account for the financial year 2013-14 (fill items 1 to 52 in a case where regular books of accounts
are maintained, otherwise fill item 53)
1 |
Revenue from operations
|
|
A |
Sales/ Gross receipts of
business (net of returns and refunds and duty or tax, if any)
|
|
i |
Sale of goods |
i |
|
|
ii |
Sale of services |
ii |
|
iii |
Other operating revenues (specify nature and amount) |
|
|
iv |
Total (i + ii + iii) |
Aiv |
|
B |
Duties, taxes and cess, received or receivable, in respect of goods and services sold or supplied |
|
i
| Union Excise duties |
i |
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|
ii |
Service tax |
ii |
|
iii |
VAT/ Sales tax |
iii |
|
iv |
Any other duty, tax and cess |
iv |
|
v |
Total (i + ii + iii + iv) |
Bv |
|
C
| Total Revenue from operations (Aiv + Bv) |
1C |
|
2 |
Other income |
| i |
Rent |
i |
|
|
ii |
Commission |
ii |
|
iii |
Dividend income
|
iii |
|
iv |
Interest income |
iv |
|
v |
Profit on sale of fixed assets |
v |
|
vi |
Profit on sale of investment being securities chargeable to Securities Transaction Tax (STT) |
vi |
|
vii |
Profit on sale of other investment |
vii |
|
viii |
Profit on account of
currency fluctuation |
viii |
|
ix |
Agricultural income |
ix |
|
x |
Any other income (specify nature and amount) |
|
|
xi
| Total of other income (i +
ii + iii + iv + v + vi + vii + viii + ix + x)
| 2xi
| |
| 3
| Closing Stock
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| i
| Raw Material
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| 3i
| |
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| ii
| Work-in-progress
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| 3ii
| |
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| iii
| Finished Goods
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| 3iii
| |
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| Total (3i + 3ii + 3iii)
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| 3iv
| |
| 4
| Totals of credits to profit
and loss account (1+2xi+3iv)
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| 4
| |
DEBITS TO PROFIT AND LOSS ACCOUNT |
5
| Opening Stock
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| i
| Raw Material
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| 5i
| |
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| ii
| Work-in-progress
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| 5ii
| |
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| iii
| Finished Goods
|
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| 5iii
| |
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| iv
| Total (5i + 5ii + 5iii)
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| 5iv
| |
| 6
| Purchases (net of refunds and duty or tax, if any)
|
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| 6
| |
| 7
| Duties and taxes, paid or payable, in respect of goods and services purchased
|
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| i
| Custom duty
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| 7i
| |
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| ii
| Counter veiling duty
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| 7ii
| |
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| iii
| Special additional duty
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| 7iii
| |
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| iv
| Union excise duty
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| 7iv
| |
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| v
| Service tax
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| 7v
| |
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| vi
| VAT/ Sales tax
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| 7vi
| |
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| vii
| Any other tax, paid or payable
|
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| 7vii
| |
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| viii
| Total (7i + 7ii + 7iii + 7iv + 7v + 7vi + 7vii)
|
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|
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| 7viii
| |
| 8
| Freight
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| 8
| |
| 9
| Consumption of stores and
spare parts
|
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| 9
| |
| 10
| Power and fuel
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| 10
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| 11
| Rents
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| 11
| |
| 12
| Repairs to building
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| 12
| |
| 13
| Repairs to machinery
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| 13
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| 14
| Compensation to employees
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| i
| Salaries and wages
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| 14i
| |
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| ii
| Bonus
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| 14ii
| |
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| iii
| Reimbursement of medical expenses
|
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| 14iii
| |
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| iv
| Leave encashment
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| 14iv
| |
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| v
| Leave travel benefits
|
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| 14v
| |
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| vi
| Contribution to approved superannuation fund
|
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| 14vi
| |
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| vii
| Contribution to recognised
provident fund
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| 14vii
| |
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| viii
| Contribution to recognised gratuity fund
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| 14viii
| |
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| ix
| Contribution to any other fund
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| 14ix
| |
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| x
| Any other benefit to employees in respect of which an expenditure has been incurred
|
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| 14x
| |
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| xi
| Total compensation to employees (14i + 14ii + 14iii + 14iv + 14v + 14vi + 14vii + 14viii +14ix + 14x)
|
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| 14xi
| |
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| xii
| Whether any compensation, included in 14xi, paid to non-residents
|
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| xiia
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| If Yes, amount paid to non-residents
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| xiib
| |
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| 15
| Insurance
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| i
| Medical Insurance
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| 15i
| |
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| ii
| Life Insurance
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| 15ii
| |
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| iii
| Keyman's Insurance
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| 15iii
| |
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| iv
| Other Insurance including factory, office, car, goods,etc.
|
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| 15iv
| |
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| v
| Total expenditure on insurance (15i + 15ii + 15iii + 15iv)
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| 15v
| |
| 16
| Workmen and staff welfare
expenses
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| 16
| |
| 17
| Entertainment
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| 17
| |
| 18
| Hospitality
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| 18
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| 19
| Conference
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| 19
| |
| 20
| Sales promotion including publicity (other than advertisement)
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| 20
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| 21
| Advertisement
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| 21
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| 22
| Commission
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| i
| Paid outside India, or paid in India to a non-resident other than a company or a foreign company
|
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| i
| |
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| ii
| To others
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| ii
| |
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| iii
| Total (i + ii)
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| 22iii
| |
| 23
| Royalty
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| i
| Paid outside India, or paid in India to a non-resident other than a company or a foreign company
|
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| i
| |
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| ii
| To others
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| ii
| |
|
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| iii
| Total (i + ii)
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| 23iii
| |
| 24
| Professional / Consultancy
fees / Fee for technical services
|
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| i
| Paid outside India, or paid in India to a non-resident other than a company or a foreign company
|
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| i
| |
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| ii
| To others
|
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| ii
| |
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| iii
| Total (i + ii)
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| 24iii
| |
| 25
| Hotel , boarding and Lodging
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| 25
| |
| 26
| Traveling expenses other
than on foreign traveling
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| 26
| |
| 27
| Foreign travelling expenses
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| 27
| |
| 28
| Conveyance expenses
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| 28
| |
| 29
| Telephone expenses
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| 29
| |
| 30
| Guest House expenses
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| 30
| |
| 31
| Club expenses
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| 31
| |
| 32
| Festival celebration
expenses
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| 32
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| 33
| Scholarship
|
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| 33
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| 34
| Gift
|
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| 34
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| 35
| Donation
|
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| 35
| |
| 36
| Rates and taxes, paid or
payable to Government or any local body (excluding taxes on income)
|
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| i
| Union excise duty
|
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| 36i
| |
|
|
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| ii
| Service tax
|
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| 36ii
| |
|
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| iii
| VAT/ Sales tax
|
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| 36iii
| |
|
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| iv
| Cess
|
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| 36iv
| |
|
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| v
| Any other rate, tax, duty or cess including STT and CTT
|
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| 36v
| |
|
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| vi
| Total rates and taxes paid or payable (36i + 36ii + 36iii + 36iv + 36v)
|
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| 36vi
| |
| 37
| Audit fee
|
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| 37
| |
| 38
| Other expenses (specify nature and amount)
|
|
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| 39
| Bad debts (specify PAN of
the person, if available, for whom Bad Debt for amount of Rs. 1 lakh
or more is claimed and amount)
|
|
| |
|
| ii
| Others (more than Rs. 1 lakh) where PAN is not available
|
|
| ii
| |
|
| iii
| Others (amounts less than Rs. 1 lakh)
|
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| iii
| |
|
| iv
| Total Bad Debt (39i (All PAN) + 39ii + 39iii)
|
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| 39iv
| |
| 40
| Provision for bad and doubtful debts
|
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| 40
| |
| 41
| Other provisions
|
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| 41
| |
| 42
| Profit before interest, depreciation and taxes [4 – (5iv + 6 + 7viii + 8 to 13 + 14xi + 15v + 16 to 21 + 22iii + 23iii + 24iii + 25 to 35 + 36vi + 37 + 38iii + 39vi + 40 + 41)]
|
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| 42
| |
| 43
| Interest
|
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| i
| Paid outside India, or paid in India to a non-resident other than a company or a foreign company
|
|
| i
| |
|
|
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| ii
| To others
|
|
| ii
| |
|
|
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| iii
| Total (i + ii)
|
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| 43iii
| |
| 44
| Depreciation and amortisation
|
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|
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| 44
| |
| 45
| Profit before taxes (42 - 43iii - 44 )
|
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| 45
| |
PROVISIONS FOR TAX AND APPROPRIATIONS |
46
| Provision for current tax
|
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| 46
| |
| 47
| Provision for Deferred Tax
and Deferred Liability
|
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| 47
| |
| 48
| Profit after tax ( 45 - 46 - 47)
|
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| 48
| |
| 49
| Balance brought forward from previous year
|
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| 49
| |
| 50
| Amount available for appropriation (48 + 49)
|
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| 50
| |
| 51
| Transferred to reserves and surplus
|
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| 51
| |
| 52
| Balance carried to balance sheet in proprietor’s account (50 –51)
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| 52
| |
NO ACCOUNT CASE |
53
| In a case where regular
books of account of business or profession are not maintained,
furnish the following information for previous year 2013-14 in
respect of business or profession
|
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| a
| Gross receipts
|
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| 53a
| |
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| b
| Gross profit
|
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| 53b
| |
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| c
| Expenses
|
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| 53c
| |
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| d
| Net profit
|
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| 53d
| |
Part A : OI Other Information (optional in a case not liable for audit under section 44AB).
1 |
Method of accounting employed in the previous year |
1 |
|
2 |
Is there any change in method of accounting |
2 |
|
3 |
Effect on the profit because of deviation, if
any, in the method of accounting employed in the previous year
from accounting standards prescribed under section 145A |
3 |
|
4 |
Method of valuation of closing stock employed in the previous year |
|
|
|
a |
Raw Material (if at cost or market rates whichever is less write 1, if at cost write 2, if at market rate write 3) |
4a |
|
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b |
Finished goods (if at cost or market rates whichever is less write 1, if at cost write 2, if at market rate write 3) |
4b |
|
|
c |
Is there any change in stock valuation method |
4c |
|
|
d |
Effect on the profit or loss because of
deviation, if any, from the method of valuation prescribed under
section 145A |
4d |
|
5 |
Amounts not credited to the profit and loss account, being |
|
a |
The items falling within the scope of section 28 |
5a |
|
|
b |
The proforma credits, drawbacks, refund of duty of customs or excise or service tax, or refund of sales tax or value added tax, where such credits, drawbacks or refunds are admitted as due by the authorities concerned |
5b |
|
|
c |
Escalation claims accepted during the previous year |
5c |
|
|
d |
Any other item of income |
5d |
|
|
e |
Capital receipt, if any |
5e |
|
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f |
Total of amounts not credited to profit and loss account (5a+5b+5c+5d+5e) |
5f |
|
6 |
Amounts debited to the profit and loss account, to the extent disallowable under section 36 due to non-fulfilment of conditions specified in relevant clauses |
|
a |
Premium paid for insurance against risk of damage or destruction of stocks or store[36(1)(i)] |
6a |
|
|
b |
Premium paid for insurance on the health of employees[36(1)(ib)] |
6b |
|
|
c |
Any sum paid to an employee as bonus or commission for services rendered, where such sum was otherwise payable to him as profits or dividend [36(1)(ii)] |
6c |
|
|
d |
Any amount of interest paid in respect of borrowed capital[36(1)(iii)] |
6d |
|
|
e |
Amount of discount on a zero-coupon bond[36(1)(iiia)] |
6e |
|
|
f |
Amount of contributions to a recognised provident fund[36(1)(iv)] |
6f |
|
|
g |
Amount of contributions to an approved superannuation fund[36(1)(iv)] |
6g |
|
|
h |
Amount of contribution to a pension scheme referred to in section 80CCD [36(1)(iva)] |
6h |
|
|
i |
Amount of contributions to an approved gratuity fund[36(1)(v)] |
6i |
|
|
j |
Amount of contributions to any other fund |
6j |
|
|
k |
Any sum received from employees as contribution to any provident fund or superannuation fund or any fund set up under ESI Act or any other fund for the welfare of employees to the extent not credited to the employees account on or before the due date [36(1)(va)] |
6k |
|
|
l |
Amount of bad and doubtful debts[36(1)(vii)] |
6l |
|
|
m |
Provision for bad and doubtful debts[36(1)(viia)] |
6m |
|
|
n |
Amount transferred to any special reserve[36(1)(viii)] |
6n |
|
|
o |
Expenditure for the purposes of promoting family planning amongst employees[36(1)(ix)] |
6o |
|
|
p |
Amount of securities transaction paid in respect of transaction in securities if such income is not included in business income [36(1)(xv)] |
6p |
|
|
q |
Any other disallowance |
6q |
|
|
r |
Total amount disallowable under section 36 (total of 6a to 6q) |
6r |
|
7 |
Amounts debited to the profit and loss account, to the extent disallowable under section 37 |
|
a |
Expenditure of capital nature [37(1)] |
7a |
|
|
b |
Expenditure of personal nature [37(1)] |
7b |
|
|
c |
Expenditure laid out or expended wholly and exclusively NOT for the purpose of business or profession [37(1)] |
7c |
|
|
d |
Expenditure on advertisement in any souvenir, brochure, tract, pamphlet or the like, published by a political party[37(2B)] |
7d |
|
|
e |
Expenditure by way of penalty or fine for violation of any law for the time being in force |
7e |
|
|
f |
Any other penalty or fine |
7f |
|
|
g |
Expenditure incurred for any purpose which is an offence or which is prohibited by law |
7g |
|
|
h |
Amount of any liability of a contingent nature |
7h |
|
|
i |
Any other amount not allowable under section 37 |
7i |
|
|
j |
Total amount disallowable under section 37(total of 7a to 7i) |
7j |
|
8 |
A |
Amounts debited to the profit and loss account, to the extent disallowable under section 40 |
|
a |
Amount disallowable under section 40 (a)(i) on account of non-compliance with provisions of Chapter XVII-B |
Aa |
|
|
b |
Amount disallowable under section 40(a)(ia) on account of non-compliance with the provisions of Chapter XVII-B |
Ab |
|
|
c |
Amount disallowable under section 40(a)(iii) on account of non-compliance with the provisions of Chapter XVII-B |
Ac |
|
|
d |
Amount of tax or rate levied or assessed on the basis of profits[40(a)(ii)] |
Ad |
|
|
e |
Amount paid as wealth tax[40(a)(iia)] |
Ae |
|
|
f |
Amount paid by way of royalty, license fee, service fee etc. as per section 40(a)(iib) |
Af |
|
|
g |
Amount of interest, salary, bonus, commission or remuneration paid to any partner or member[40(b)] |
Ag |
|
|
h |
Any other disallowance |
Ah |
|
|
i |
Total amount disallowable under section 40(total of Aa to Ah) |
Ai |
|
8 |
B |
Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year |
8B |
|
9 |
Amounts debited to the profit and loss account, to the extent disallowable under section 40A |
|
|
a |
Amounts paid to persons specified in section 40A(2)(b) |
9a |
|
|
b |
Amount paid in excess of twenty thousand rupees otherwise than by account payee cheque
Or account payee bank draft under section 40A(3) – 100% disallowable |
9b |
|
|
c |
Provision for payment of gratuity[40A(7)] |
9c |
|
|
d |
Any sum paid by the assessee as an employer for setting up or as contribution to any fund, trust, company, AOP, or BOI or society or any other institution[40A(9)] |
9d |
|
|
e |
Any other disallowance |
9e |
|
|
f |
Total amount disallowable under section 40A (total of 9a to 9e) |
9f |
|
10 |
Any amount disallowed under section 43B in any preceding previous year but allowable during the previous year |
|
|
a |
Any sum in the nature of tax, duty, cess or fee under any law |
10a |
|
|
b |
Any sum payable by way of contribution to any provident fund or superannuation fund or gratuity fund or any other fund for the welfare of employees |
10b |
|
|
c |
Any sum payable to an employee as bonus or commission for services rendered |
10c |
|
|
d |
Any sum payable as interest on any loan or borrowing from any public financial institution or a State financial corporation or a State Industrial investment corporation |
10d |
|
|
e |
Any sum payable as interest on any loan or borrowing from any scheduled bank |
10e |
|
|
f |
Any sum payable towards leave encashment |
10f |
|
|
g |
Total amount allowable under section 43B (total of 10a to 10f) |
10g |
|
11 |
Any amount debited to profit and loss account of the previous year but disallowable under section 43B |
|
|
a |
Any sum in the nature of tax, duty, cess or fee under any law |
11a |
|
|
b |
Any sum payable by way of contribution to any provident fund or superannuation fund or gratuity fund or any other fund for the welfare of employees |
11b |
|
|
c |
Any sum payable to an employee as bonus or commission for services rendered |
11c |
|
|
d |
Any sum payable as interest on any loan or borrowing from any public financial institution or a State financial corporation or a State Industrial investment corporation |
11d |
|
|
e |
Any sum payable as interest on any loan or borrowing from any scheduled bank |
11e |
|
|
f |
Any sum payable towards leave encashment |
11f |
|
|
g |
Total amount disallowable under Section 43B(total of 11a to 11f) |
11g |
|
12 |
Amount of credit outstanding in the accounts in respect of |
|
|
a |
Union Excise Duty |
12a |
|
|
b |
Service tax |
12b |
|
|
c |
VAT/sales tax |
12c |
|
|
d |
Any other tax |
12d |
|
|
e |
Total amount outstanding (total of 12a to 12d) |
12e |
|
13 |
Amounts deemed to be profits and gains under section 33AB or 33ABA |
13 |
|
14 |
Any amount of profit chargeable to tax under section 41 |
14 |
|
15 |
Amount of income or expenditure of prior period credited or debited to the profit and loss account (net) |
15 |
|
Part A-QD - Quantitative details (optional in a case not liable for audit under section 44AB)
(a) In the case of a trading concern
(b) In the case of a manufacturing concern - Raw Materials
(c) In the case of a manufacturing concern - Finished products/ By-products
Part B-TI - Computation of total income
Part B-TTI - Computation of tax liability on total income
Refund
.
16 |
Do you have,- (i) any asset (including financial interest in any entity) located outside India or
(ii) signing authority in any account located outside India?
[applicable only in case of a resident]* [Ensure Schedule FA
is filled up if the answer is Yes ]
|
|
Verification
Schedule S - Details of Income from Salary
Schedule HP - Details of Income from House Property
Schedule BP - Computation of income from business or
profession
A |
From business or profession other than
speculative business and specified business |
|
|
1 |
Profit before tax as per profit and loss account (item 45 of Part A-P&L ) |
1 |
|
|
2a |
Net profit or loss from speculative business included in 1 (enter -ve sign in case of loss) |
2a |
|
|
|
2b |
Net profit or Loss from Specified Business u/s 35AD included in 1 (enter -ve sign in case of loss) |
2b |
|
|
3 |
Income/ receipts credited to profit and loss account considered under other heads of income |
|
|
a |
Salaries |
3a |
|
|
|
|
b |
House property |
3b |
|
|
|
c |
Capital gains |
3c |
|
|
|
d |
Other sources |
3d |
|
|
4 |
Profit or loss included in 1, which is referred to in section 44AD/44AE/44B/44BB/44BBA/44BBB/ 44D/44DA/ Chapter-XII-G/ First Schedule of Income-tax Act |
4 |
|
|
5 |
Income credited to Profit and Loss account (included in 1)which is exempt |
|
|
a |
share of income from firm(s) |
5a |
|
|
|
|
b |
Share of income from AOP/ BOI |
5b |
|
|
|
c |
Any other exempt income |
|
| |
|
|
|
d |
Total exempt income (5a + 5b + 5ciii) |
5d |
|
|
6 |
Balance (1- 2a - 2b - 3a -3b - 3c - 3d - 4 - 5d) |
6 |
|
|
7 |
Expenses debited to profit and loss account
considered under other heads of income |
|
|
a |
Salaries |
7a |
|
|
|
|
b |
House property |
7b |
|
|
|
c |
Capital gains |
7c |
|
|
|
d |
Other sources |
7d |
|
|
8 |
Expenses debited to profit and loss account
which relate to exempt income |
8 |
|
|
9 |
Total (7a + 7b +7c + 7d+ 8) |
9 |
|
|
10 |
Adjusted profit or loss (6+9) |
10 |
|
|
11 |
Depreciation and amoritisation debited to profit and loss account |
11 |
|
|
12 |
Depreciation allowable under Income-tax Act |
|
i |
Depreciation allowable under section 32(1)(ii) and 32(1)(iia) (item 6 of Schedule-DEP) |
12i |
|
ii |
Depreciation allowable under section 32(1)(i) (Make your own computation refer Appendix-IA of IT Rules) |
12ii |
|
iii |
Total (12i + 12ii) |
12iii |
|
|
13 |
Profit or loss after adjustment for depreciation (10 +11 - 12iii) |
13 |
|
|
14 |
Amounts debited to the profit and loss account, to the extent disallowable under section 36 (6r of PartA-OI) |
14 |
|
|
|
15 |
Amounts debited to the profit and loss account, to the extent disallowable under section 37 (7j of PartA-OI) |
15 |
|
|
16 |
Amounts debited to the profit and loss account, to the extent disallowable under section 40 (8Ai of PartA-OI) |
16 |
|
|
17 |
Amounts debited to the profit and loss account, to the extent disallowable under section 40A (9f of PartA-OI) |
17 |
|
|
18 |
Any amount debited to profit and loss account of the previous year but disallowable under section 43B (11g of PartA-OI) |
18 |
|
|
19 |
Interest disallowable under section 23 of the Micro, Small and Medium Enterprises Development Act,2006 |
19 |
|
|
20 |
Deemed income under section 41 |
20 |
|
|
21 |
Deemed income under section 33AB/33ABA/35ABB/40A(3A)/72A/80HHD/80-IA |
21 |
|
|
22 |
Deemed income under section 43CA |
22 |
|
|
23 |
Any other item or items of addition under section 28 to 44DA |
23 |
|
|
24 |
Any other income not included in profit and loss account/any other expense not allowable (including income from salary, commission, bonus and interest from firms in which individual/HUF/prop. concern is a partner) |
24 |
|
|
25 |
Total (14 + 15 + 16 + 17 + 18 + 19 + 20 + 21 + 22 + 23 + 24) |
25 |
|
|
26 |
Deduction allowable under section 32(1)(iii) |
26 |
|
|
|
27 |
Amount of deduction under section 35 or 35CCC or 35CCD in excess of the amount debited to profit and loss account (item X(4) of Schedule ESR)
(if amount deductible under section 35 or 35CCC or 35CCD is lower than amount debited to P&L account, it will go to item 24) |
27 |
|
|
28 |
Any amount disallowed under section 40 in any preceding previous year but allowable during the previous
year(8B of PartA-OI) |
28 |
|
|
29 |
Any amount disallowed under section 43B in any preceding previous year but allowable during
the previous year(10 g of PartA-OI) |
29 |
|
|
30 |
Deduction under section 35AC |
|
a |
Amount, if any, debited to profit and loss account |
30a |
|
|
b |
Amount allowable as deduction |
30b |
|
|
c |
Excess amount allowable as deduction (30b - 30a) |
30c |
|
|
31 |
Any other amount allowable as deduction |
31 |
|
|
32 |
Total (26 + 27 + 28 + 29 + 30c + 31) |
32 |
|
|
33 |
Income (13 + 25 - 32) |
33 |
|
|
34 |
Profits and gains of business or profession deemed to be under - |
|
|
i |
Section 44AD |
34i |
|
|
ii |
Section 44AE |
34ii |
|
|
iii |
Section 44B |
34iii |
|
|
iv |
Section 44BB |
34iv |
|
|
v |
Section 44BBA |
34v |
|
|
vi |
Section 44BBB |
34vi |
|
|
vii |
Section 44D |
34vii |
|
|
viii |
Section 44DA |
34viii |
|
|
ix |
First Schedule of Income-tax Act |
34ix |
|
|
x |
Total (34i to 34ix) |
34x |
|
|
35 |
Net profit or loss from business or profession other than speculative business and specified business (33 + 34x)) |
35 |
|
|
36 |
Net Profit or loss from business or profession other than speculative business and specified business, after applying rule 7A, 7B or 8), if applicable (If rule 7A, 7B or 8 is not applicable, enter same figure as in 35) (If loss take the figure to 2i of item E) |
A36 |
|
A36 |
|
B |
Computation of income from speculative business |
|
|
37 |
Net profit or loss from speculative business
as per profit or loss account |
37 |
|
|
38 |
Additions in accordance with section 28 to 44DA |
38 |
|
|
39 |
Deductions in accordance with section 28 to 44DA |
39 |
|
|
40 |
Income from speculative business (37 + 38 - 39) (if loss, take the figure to 6xi of schedule CFL) |
B40 |
|
C |
Computation of income from specified business under section 35AD |
|
|
41 |
Net profit or loss from specified business as
per profit or loss account |
41 |
|
|
42 |
Additions in accordance with section 28 to 44DA |
42 |
|
|
43 |
Deductions in accordance with section 28 to 44DA (other than deduction under section,- (i) 35AD, (ii) 32 or 35 on which deduction u/s 35AD is claimed) |
43 |
|
|
44 |
Profit or loss from specified business (41+42-43) |
44 |
|
|
45 |
Deductions in accordance with section 35AD(1) or 35AD(1A) |
45 |
|
|
46 |
Income from Specified Business (44 – 45) (if loss, take the figure to 7xi of schedule CFL) |
C46 |
|
D |
Income chargeable under the head ‘Profits and gains from business or profession’ (A36+B40+C46) |
D |
|
E |
Intra head set off of business loss of current year |
|
SI |
Type of Business income |
Income of current year (Fill this column only if figure is zero or positive) |
Business loss set off |
Business income remaining after set off |
(1) |
(2) |
(3) = (1) – (2) |
i |
Loss to be set off (Fill this row only if figure is negative) |
|
|
|
ii |
Income from speculative business |
|
|
|
iii |
Income from specified business |
|
|
|
iv |
Total loss set off (ii + iii) |
|
|
v |
Loss remaining after set off (i – iv) |
|
|
|
Note: |
Please include the income of the specified persons referred to in Schedule SPI while computing the income under this head
|
Schedule DPM - Depreciation on Plant and Machinery(Other than assets on which full capital expenditure is allowable as deduction under any other section)
Schedule DOA - Depreciation on other assets (Other than assets on which full capital expenditure is allowable as deduction)
Schedule DEP - Summary of depreciation on assets(Other than assets on which full capital expenditure is allowable as deduction under any other section)
Schedule DCG - Deemed Capital Gains on sale of depreciable assets
Schedule ESR - Deduction under section 35 or 35CCC or 35CCD
Schedule CG - Capital Gains
A |
Short-term capital gain (Items 4 & 5 are not applicable for residents) |
1 |
From sale of land or building or both |
a |
i |
Full value of consideration
received/receivable |
ai |
|
|
ii |
Value of property as per stamp
valuation authority |
aii |
|
iii |
Full value of consideration adopted as
per section 50C for the purpose of Capital Gains (ai or
aii) |
aiii |
|
b |
Deductions under section 48 |
i |
Cost of acquisition without indexation |
bi |
|
|
ii |
Cost of Improvement without indexation |
bii |
|
iii |
Expenditure wholly and exclusively in
connection with transfer |
biii |
|
iv |
Total (bi + bii + biii) |
biv |
|
c |
Balance (aiii – biv) |
1c |
|
d |
Deduction under section 54B/54D/54G/54GA |
|
e |
Short-term Capital Gains on Immovable
property (1c - 1d) |
A1e |
|
2 |
From slump sale |
a |
Full value of consideration |
2a |
|
|
b |
Net worth of the under taking or division |
2b |
|
c |
Short term capital gains from slump sale(2a-2b) |
A2c |
|
3 |
|
4 |
For NON-RESIDENT, not being an FII-
from sale of shares or debentures of an Indian company (to
be computed with foreign exchange adjustment under first
proviso to section 48) |
a |
STCG on transactions on which
securities transaction tax (STT) is paid |
A4a |
|
b |
STCG on transactions on which
securities transaction tax (STT) is not paid |
A4b |
|
5 |
For NON-RESIDENT- from sale of
securities (other than those at A3) by an FII as per
section 115AD |
a |
Full value of consideration |
5a |
|
|
b |
Deductions under section 48 |
i |
Cost of acquisition without indexation |
bi |
|
ii |
Cost of Improvement without indexation |
bii |
|
iii |
Expenditure wholly and exclusively in
connection with transfer |
biii |
|
iv |
Total (i + ii + iii) |
biv |
|
c |
Balance (5a - biv) |
5c |
|
d |
Loss to be disallowed u/s 94(7) or
94(8)- for example if security bought/acquired within 3
months prior to record date and dividend/income/bonus units
are received, then loss arising out of sale of such
security to be ignored (Enter positive value only) |
5d |
|
e |
Short-term capital gain on sale of securities (other than those at A3 above) by an FII (5c +5d) |
A5e |
|
6 |
From sale of assets other than at A1
or A2 or A3 or A4 or A5 above |
a |
Full value of consideration |
6a |
|
|
b |
Deductions under section 48 |
|
i |
Cost of acquisition without indexation |
bi |
|
ii |
Cost of Improvement without indexation |
bii |
|
iii |
Expenditure wholly and exclusively in
connection with transfer |
biii |
|
iv |
Total (i + ii + iii) |
biv |
|
c |
Balance (6a - biv) |
6c |
|
d |
In case of asset (security/unit) loss
to be disallowed u/s 94(7) or 94(8)- for example if asset
bought/acquired within 3 months prior to record date and
dividend/income/bonus units are received, then loss arising
out of sale of such asset to be ignored (Enter positive
value only) |
6d |
|
e |
Deduction under section
Deduction under section 54D/54G/54GA |
|
|
f |
STCG on assets other than at A1 or A2
or A3 or A4 or A5 above (6c + 6d - 6e) |
A6f |
|
7 |
Amount deemed to be short term capital gains under sections 54B/54D/54G/54GA |
|
8 |
Deemed short term capital gains on depreciable assets (6 of schedule- DCG) |
A8 |
|
9 |
Total short term capital gain (A1e+ A2c+ A3e+ A4a+ A4b+ A5e+ A6f+A7+ A8) |
A9 |
|
B |
Long-term capital gain (LTCG) (Items 5, 6 & 7 are not applicable for residents)
|
1 |
From sale of land or building or both |
a |
i |
Full value of consideration
received/receivable |
ai |
|
|
ii |
Value of property as per stamp
valuation authority |
aii |
|
iii |
Full value of consideration adopted as
per section 50C for the purpose of Capital Gains (ai or
aii) |
aiii |
|
b |
Deductions under section 48 |
|
i |
Cost of acquisition with indexation |
bi |
|
|
ii |
Cost of Improvement with indexation |
bii |
|
iii |
Expenditure wholly and exclusively in
connection with transfer |
biii |
|
iv |
Total (bi + bii + biii) |
biv |
|
c |
Balance (aiii – biv) |
1c |
|
d |
Deduction under section 54/54B/54D/54EC/54F/54G/54GA/54GB |
|
e |
Long-term Capital Gains on Immovable
property (1c - 1d) |
B1e |
|
2 |
From slump sale |
a |
Full value of consideration |
2a |
|
|
b |
Net worth of the under taking or division |
2b |
|
c |
Balance(2a-2b) |
2c |
|
|
d |
Deduction u/s 54EC/54F (Specify details in item D below) |
|
|
e |
Long term capital gains from slump sale (2c-2d) |
B2e |
|
3 |
From sale of bonds or debenture (other
than capital indexed bonds issued by Government) |
a |
Full value of consideration |
3a |
|
|
b |
Deductions under section 48 |
|
i |
Cost of acquisition without indexation |
bi |
|
|
ii |
Cost of improvement without indexation |
bii |
|
iii |
Expenditure on transfer |
biii |
|
iv |
Total (bi + bii +biii) |
biv |
|
c |
Balance (3a – biv) |
3c |
|
d |
Deduction under sections 54EC/54F
(Specify details in item D below) |
|
e |
LTCG on bonds or debenture (3c – 3d)) |
B3e |
|
4 |
|
5 |
For NON-RESIDENTS- from sale of shares
or debenture of Indian company (to be computed with foreign
exchange adjustment under first proviso to section 48) |
a |
LTCG computed without indexation
benefit |
5a |
|
|
b |
Deduction under sections 54EC/54F
(Specify details in item D below) |
|
c |
Balance LTCG (5a – 5b) |
5c |
|
|
d |
LTCG on share or debenture, being listed security, included in 5c |
B5d |
|
e |
LTCG on share or debenture, being unlisted security, included in 5c |
B5e |
|
6 |
|
7 |
From sale of foreign exchange asset by
NON-RESIDENT INDIAN (If opted under chapter XII-A) |
a |
LTCG on sale of specified asset
(computed without indexation) |
7a |
|
|
b |
Less deduction under section 115F
(Specify details in item D below) |
7b |
|
c |
Balance LTCG on sale of specified asset (7a – 7b) |
B7c |
|
d |
LTCG on sale of asset, other than
specified asset (computed without indexation) |
7d |
|
|
e |
Less deduction under section 115F
(Specify details in item D below) |
7e |
|
f |
Balance LTCG on sale of asset, other than specified asset (7d – 7e) |
B7f |
|
8 |
From sale of assets where B1 to B7
above are not applicable |
a |
Full value of consideration |
8a |
|
|
b |
Deductions under section 48 |
|
i |
Cost of acquisition with indexation |
bi |
|
ii |
Cost of improvement with indexation |
bii |
|
iii |
Expenditure wholly and exclusively in
connection with transfer |
biii |
|
iv |
Total (bi + bii +biii) |
biv |
|
c |
Balance (8a - biv) |
8c |
|
|
d |
Deduction under sections 54D/54EC/54F/54G/54GA (Specify details in item D below) |
|
e |
Long-term Capital Gains on assets at B8 above (8c-8d) |
B8e |
|
9 |
Amount deemed to be long term capital gains under sections 54/54B/54D/54EC/54F/54G/54GA/54GB/115F |
|
10 |
Total long term capital gain [B1e +B2e+ B3e +B4e + B5d +B5e + B6e + B7c + B7f + B8e+ B9](In case of loss take the figure to 9xi of schedule CFL) |
B10 |
|
C |
Income chargeable under the head “CAPITAL GAINS” (A9 + B10) (take B10 as nil, if loss) |
C |
|
D |
Information about deduction claimed |
1 |
In case of deduction u/s 54/54B/54D/54EC/54F/54G/54GA/54GB/115F give following details |
|
2 |
In case of deduction u/s 54GB, furnish
PAN of the company |
|
E |
Set-off of current year capital losses
with current year capital gains |
Schedule OS - Income from other sources
1 |
Income |
|
|
a |
Dividends, Gross |
1a |
|
b |
Interest, Gross |
1b |
|
c |
Rental income from machinery, plants, buildings, etc., Gross |
1c |
|
d |
Others, Gross (excluding income from owning race horses)Mention the source |
|
|
e |
Total (1a + 1b + 1c + 1d) |
1e |
|
f |
Income included in '1e' chargeable to
tax at special rate (Chapter XII/XIIA) (to be taken to
schedule SI) |
|
|
i |
Income by way of winnings from lotteries, crossword puzzles, races, games, gambling, betting etc (u/s 115BB) |
1fi |
|
ii |
Any other income under chapter
XII/XII-A |
1fii |
|
iii |
Income included in '1e' chargeable to
tax at special rate (1fi +1fii) |
1fiii |
|
g |
Gross amount chargeable to tax at
normal applicable rates (1e-1fiii) |
1g |
|
h |
Deductions under section 57 |
|
|
i |
Expenses / Deductions |
hi |
|
ii |
Depreciation |
hii |
|
iii |
Total |
hiii |
|
i |
Income from other sources (other than
from owning race horses and amount chargeable to tax at
special rate) (1g – hiii) (If negative take the figure to
4i of schedule CYLA) |
1i |
|
2 |
Income from other sources (other than
from owning race horses) (1fiii + 1i) (enter 1i as nil, if
negative) |
2 |
|
3 |
Income from the activity of owning and
maintaining race horses |
|
|
a |
Receipts |
3a |
|
b |
Deductions under section 57 in relation
to (3) |
3b |
|
c |
Balance (3a – 3b) (if negative take the
figure to 10xi of Schedule CFL) |
3c |
|
4 |
Income under the head “Income from
other sources” (2 + 3c) (take 3c as nil if negative) |
4 |
|
Note :Please include the income of the
specified persons referred to in Schedule SPI while
computing the income under this head |
Schedule CYLA - Details of Income after set-off of current years losses
Schedule BFLA - Details of Income after Set off of Brought Forward Losses of earlier years
Schedule CFL - Details of Losses to be carried forward to future years
Schedule UD - Unabsorbed depreciation and allowance under section 35(4)
Schedule 10A - Deduction under Section 10A
Schedule 10AA - Deduction under Section 10AA
Schedule 80G - Details of donation entitled for deduction under Section 80G
A. Donations entitled for 100% deduction without
qualifying limit
B.Donations entitled for 50% deduction without qualifying limit
C. Donations entitled for 100% deduction subject to qualifying limit
D. Donations entitled for 50% deduction subject to qualifying limit
Schedule 80 - Deductions under Section 80-IA
Sch 80- IB Deductions under Section 80-IB
Sch 80-IC or 80-IE Deductions under section 80-IC or 80-IE
Schedule VI-A - Deductions under Chapter VI-A (Section)
Schedule AMT - Computation of Alternate Minimum Tax payable under section 115JC
Schedule AMTC - Computation of tax credit under section 115JD
Schedule SPI - Income of specified persons (spouse, minor child etc) includable in income of the assessee (income of the minor child, in excess of Rs. 1,500 per child, to be included)
Schedule SI - Income chargeable to Income tax at special rates
Schedule IF - Information regarding partnership firms in which you are partner
Schedule EI - Details of Exempt Income (Income not to be included in total income)
Schedule IT - Details of payments of Advance Tax and Self-Assessment Tax
Note: |
Enter the totals of Advance tax and Self-Assessment tax in Sl No. 10a & 10d of Part B-TTI |
Schedule FSi - Details of Income from outside India and tax relief
Schedule TR - Summary of tax relief claimed for taxes paid outside
India
Schedule FA - Details of Foreign Assets
Schedule TDS1 Details of Tax Deducted at Source from Salary [As per FORM 16 issued by Employer(s)]
Note: |
Please enter total of column 5 of Schedule-TDS1, column 8 of Schedule-TDS2 and column 8 of Schedule-TDS3 in 10b of Part B-TTI |
Schedule TDS2 Details of Tax Deducted at Source on Income [As per FORM 16A issued by Deductor(s)]
Note: |
Please enter total of column 5 of Schedule-TDS1, column 8 of Schedule-TDS2 and column 8 of Schedule-TDS3 in 10b of Part B-TTI |
Schedule TDS3 Details of Tax Deducted at Source (TDS) on Sale of Immovable Property u/s 194IA (For seller of property) (Form 26QB)
Note: | Please enter total of column 5 of Schedule-TDS1, column 8 of Schedule-TDS2 and column 8 of Schedule-TDS3 in 10b of Part B-TTI
|
Schedule TCS - Details of Tax Collected at Source [As per Form 27D issued by the Collector(s)]
Note: | Please enter total of column 7 of Schedule-TCS in 10c of Part B-TTI
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Schedule 5A - Information regarding apportionment of income between spouses governed by Portuguese Civil Code
Schedule AL - Asset and Liability at the end of the year (other than those included in Part A – BS) (Applicable in a case where
total income exceeds Rs. 25 lakh)
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