TaxTMI 
TaxTMI 
CLARIFICATION ABOUT SHARES HELD IN UNLISTED COMPANEIS APPEARS TO BE WRONG AND WILL CREATE DIFFERENCES CAUSING LITIGATION.
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....LARIFICATION ABOUT SHARES HELD IN UNLISTED COMPANEIS APPEARS TO BE WRONG AND WILL CREATE DIFFERENCES CAUSING LITIGATION.<br>By: - DEVKUMAR KOTHARI<br>Income Tax<br>Dated:- 27-9-2019<br><br>Just four days before the last date for filing of ITR in audit cases that is 30.09.2019, the CBDT has issued Circular No. 26 of 2019 vide F. No. 370142/1/2019-TPL (Pt.-I) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division). The Circular addresses several issues which are important about filling in details in various ITR forms. In this write-up only issue considered in clarification about details of shareholders of a companies whose shares are not listed are discussed. There are many other issues causing difficulties in filling details in ITR . The clarifications are issued in form of question and answers. The same are discussed below with observations of author: Question1: In the Form ITR-6 an unlisted company, other than a start-up, is required to furnish details of shareholding in Schedule SH-1. In a case where shares have been acquired by way of transfer, please clarify how the columns on "Date of allotmen....
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....t", "Issue price" and" Amount received" should be filled up? Answer: In case shares have been acquired by the shareholder by way of transfer, and not by way of allotment made by the company, the details of shareholding should be entered in the respective columns of the Table in Schedule SH-l, as under (i) Name of Shareholder: - Enter name of the person holding shares as on end of the previous year (current shareholder). Observations: This answer seems okay so far as details as on closing date are concerned. However, in Annual Return filed on website of MCA details of shareholders are given as on the date of Annual General Meeting. Therefore, in case Income Tax Department want to cross tally the information in ITR with Annual Return filed on MCA it will not be possible. Another problem is about shares held by registered shareholder but sold to another person who has not lodged shares for transfer or even if shares have been lodged with company for transfer, but have not been registered by company. In such case company will show shares in name of registered shareholder as on 31.03.2019 but the same will not be found in holding of shareholder in his ITR. Therefore, cross ....
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....verification will be not possible and therefore there will be need of reconciliation. (II) Date of allotment:-Enter date on which shares were transferred to the current shareholder as per companies register. Observations: This answer is patently wrong. How date of transfer can be considered as date of allotment, is not comprehensible. Allotment may be a very long past history. Date of allotment has its own significance for company and its shareholders. This is because usually only on or before date of allotment company get payment for issue price. There can also be cases of payment on application, allotment and calls. In such cases, shares may not be fully paid-up. Dates of allotment , if taken as date of transfer, will lead to differences in records of company and shareholders and information on website of MCA. This will lead to differences requiring need of clarifications and reconciliation. Company and shareholders are likely to face scrutiny and then harassment by the Tax officers - this is well known that scrutiny assessment is generally for harassment of taxpayers. This is also evident from fact that most of additions made in scrutiny assessments are deleted,....
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.... if assesse properly pursue appeals and other proceedings. (III) Face value per share: - Enter the face value per share at which the shares had been originally allotted by the company. Observations: This answer is not perfect and will lead to wrong information in many situations. For example, in case of consolidation of shares, sub-division of shares, capital reduction, capital restructuring etc. (iv) Issue price per share: - Enter the price at which shares were issued by the company to the original shareholder to whom the company had allotted the shares. Observations: This answer is not perfect and will lead to wrong information in many situations. For example, in case of consolidation of shares, sub-division of shares, capital reduction, capital restructuring etc. and also in cases where partly paid shares were transferred by original shareholders and balance amount was paid by transferee shareholder and meanwhile capital restructuring has taken place etc. (v) Amount received: - Enter the total amount received by the company from the original shareholder to whom the allotment of shares had been made, upto the end of the previous year. ....
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.... Observations: This answer is patently wrong. How the amount received from original shareholder can be mentioned as amount received from present shareholder and that too on the date of transfer? Company usually receives issue price from original shares and sometimes from original shareholder as well as from transferee when original shareholder had transferred partly paid up shares . The entire amount might have been received by company in earlier years and in long past for example in case of very old companies. In many cases no amount is received by company during the previous year for which ROI is being filed. Therefore, there will be mismatch in amount as per Balance Sheet and information if Schedule SH1. Shares issued by start-ups companies: The questions and answers are similar to that in case of other companies. An additional question is about share premium. Therefore, to avoid repetition, observations are not given for Q.1-5 as these will be mostly same. In case of Start-ups working will be easy because they are new companies and information can....
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.... be easily compiled for original and transferee shareholders. From circular with highlights: In case of start-ups, the details of shareholding are required to be furnished in Schedule SH-2. In cases where shares of a start-up company have been acquired by the shareholder by way of transfer, the details of shareholding should be entered in the respective column of the table in Schedule SH-2, as under * Name of Shareholder: - Enter name of the person holding shares as on end of the previous year (current shareholder). * (ii) Date of allotment:-Enter date on which shares were transferred to the current shareholder as per companies register. * Face value per share: - Enter the face value per share at which the shares had been originally allotted by the company. * Issue price per share: - Enter the price at which shares were issued by the company to the original shareholder to whom the company had allotted the shares. * Paid up value per share: - Enter the amount received by the company for each share, from the original shareholder to whom the allotment of shares had been made, upto the end of the previous year. * Share premium: - Enter the a....
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....mount of premium per share at which shares were allotted by the company to the original shareholder. Observations: It is not understandable as to why information about share premium is asked from start-ups and not other unquoted companies. Public understanding is that the tax department has very soft corner for start-ups about share premium. Then why such information is asked only from start-up companies and not other companies. Question 2: Please clarify whether it is mandatory to mention PAN number of shareholder in Schedule SH-1. In a case where shareholder is resident of a foreign country having no PAN, or in case where PAN of shareholder is not available for other practical reasons, it is not possible to fill up PAN of all shareholders in the Schedule SH-l. Answer: PAN of shareholder should be furnished in Schedule SH-l, if available. However, in case the shareholder is a non-resident, having no PAN, a default value can be entered in place of PAN such as "NORES9999N". Similarly, in case PAN of the shareholder is not available due to any other reason, a default value can be entered in place of PAN such as "NOAVL9999N" Observations: Why answer is only for SH-1 and not....
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.... for SH-2. Are start-ups not required to fill in PAN of shareholder at all. Why the column is not allowed to remain blank or allowed to be filled in 0 for not available. and it is required to fill in different numbers in case of NRI and other shareholders that is "NORES9999N" for NRI and "NOAVL9999N" for others when PAN is not available. Board must have simplification and less date entry in mind for ease in filling of ITR. Question 3: An unlisted company registered under section 8 of Companies Act 2013 or Section 25 of the Companies Act 1956 does not have share capital. In such case, how the details required in Schedule-SH-l are required to be filled up? Answer: In the departmental utility of ITR-6, at the beginning of Schedule SH-l, the taxpayer is required to answer the question -"Are you a company registered under Section 8 of Companies Act 2013 or Section 25 of Companies Act 1956?". In case the taxpayer selects "Yes" in the dropdown provided against the question, the details in Schedule SH-l are not required to be filled up. Observations: A company registered under Section 8 of Companies Act 2013 or Section 25 of Companies Act 1....
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....956 can also have share capital. Therefore, in case company has share capital, information about shareholders can be asked. Reply By DEV KUMAR KOTHARI as = Annual Return under the Companies Act, 2013 vide S. 92.1 and prescribed Rules and Forms is prepared as on closing day of the FY. There was an inadvertent mistake in observations of author. In case FY of company is not up to 31 March, then there will be difficulty in cross examination of details furnished in ITR and annual return in - MGT 7 form. Dated: 28-9-2019 ============= Document 1 FILING STATUS PERSONAL INFORMATION FORM ITR-6 INDIAN INCOME TAX RETURN [For Companies other than companies claiming exemption under section 11] (Please see rule 12 of the Income-tax Rules, 1962) (Please refer instructions) Assessment Year 2019-20 Part A-GEN Name GENERAL PAN Is there any change in the company's name? If yes, please furnish the old name Flat/Door/Block No Road/Street/Post Office Name of Premises/Building/Village Area/Locality Corporate Identity Number (CIN) issued by MCA Date of incorporation (DD/MM/YYYY) Date of commencement of business (DD/MM/YYYY) Type of company (Tick any one) â–¼ (i) Dom....
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....estic Company Town/City/District State Country Office Phone Number with STD code/ Mobile No. 1 Mobile No. 2 Email Address-2 ☠Pin code/Zip code (ii) Foreign Company If a public company write 6, and if private company write 7 (as defined in section 3 of The Companies Act) Email Address-1 (a) Filed u/s (Tick)[Please see instruction] Or filed in response to notice u/s 139(1)- On or Before due date, 139(4)- After due date, 92CD-Modified return, ■119(2)(b)- after condonation of delay 139(9), 142(1), ☠148, ☠153A, ☠153C 139(5)- Revised Return, If revised/ defective/Modified, then enter Receipt No (b) and Date of filing original return (DD/MM/YYYY) (c) (d) Residential Status (Tick) ☑Resident Non-Resident (e) (f) (g) (h) (i) (j) (k) If filed, in response to notice u/s 139(9)/142(1)/148/153A/153C or order u/s 119(2)(b), enter date of such notice/order, or if filed u/s 92CD enter date of advance pricing agreement Whether opting for section 115BA? (Yes/No) (applicable on Domestic Company) Whether total turnover/gross receipts in the previous year 2016-17 exceeds 250 crore rupees? (Yes/No) (applicable for Domestic Compa....
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....ny) Whether assessee is a resident of a country or specified territory with which India has an agreement referred to in sec 90 (1) or Central Government has adopted any agreement under sec 90A(1)? In the case of non-resident, is there a Permanent Establishment (PE) in India (Tick) ☑ ☠Yes Whether assessee is required to seek registration under any law for the time being in force relating to companies? Whether the financial statements of the company are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015 (Tick) ✓ ☠Yes ☠No Whether assessee is located in an International Financial Services Centre and derives income solely in convertible foreign exchange? (Tick) ☑ ☠Yes ☠No ☠No (1) Whether the assessee company is under liquidation (Tick) ☑ ☠Yes ☠No (m) Whether you are an FII / FPI? Yes/No If yes, please provide SEBI Regn. No. (n) Whether the company is a producer company as defined in Sec.581A of Companies Act, 1956? ☠Yes ☠No (0) Whether this return is being filed by a representative assessee? (Tic....
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....k) ▼ ☠Yes If yes, please furnish following information - ☠No (1) Name of the representative assessee (2) Capacity of the Representative (drop down to be provided) (3) Address of the representative assessee (4) Permanent Account Number (PAN) of the representative assessee Whether you are recognized as start up by DPIIT ☠Yes No (p) 1 If yes, please provide start up recognition number allotted by the DPIIT 2 Whether certificate from inter-ministerial board for certification is received? ☠Yes ☠No 3 If yes provide the certification number 4 Whether declaration in Form-2 in accordance with para 5 of DPIIT notification dated 19/02/2019 has been filed before filing of the return? ☠Yes ☠No Page 1 KEY PERSONS SHAREHOLDERS INFORMATION BUSINESS ORGANISATION HOLDING STATUS (a) AUDIT INFORMATION (e) 5 If yes, provide date of filing Form-2 (a) Whether liable to maintain accounts as per section 44AA? (Tick) ▼ ☠Yes ☠No (b) Whether liable for audit under section 44AB? (Tick) ▼ ☠Yes ☠No If (b) is Yes, whether the accounts have been audited by an accountant? (Tick) ☑ ....
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....If Yes, furnish the following information below ☠Yes ☠No (1) Mention the date of furnishing of audit report (DD/MM/YYYY) (2) Name of the auditor signing the tax audit report (3) Membership No. of the auditor (4) Name of the auditor (proprietorship/ firm) (5) Proprietorship/firm registration number (6) Permanent Account Number (PAN) of the auditor (proprietorship/ firm) (7) Date of audit report (di) Are you liable for Audit u/s 92E? Yes (dii) ☠No Date of furnishing audit report? DD/MM/YYYY If liable to furnish other audit report under the Income-tax Act, mention the date of furnishing the audit report? (DD/MM/YY) (Please see Instruction 5(ii)) Sl. No. Act and section Section Code Mention the Act, section and date of furnishing the audit report under any Act other than the Income-tax Act (DD/MM/YY) Act and section Date (DD/MM/YYYY) (a) Nature of company (select 1 if holding company, select 2 if a subsidiary company, select 3 if both, select 4 if any other) (b) PAN If subsidiary company, mention the details of the Holding Company Name of Holding Company Address of Holding Company (c) If holding company, mention the details of the subsi....
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....diary companies PAN Name of Subsidiary Company In case of amalgamating company, mention the details of amalgamated company PAN Name of Amalgamated Company (DD/MM/YY) Percentage of Shares held Address of Subsidiary Company Percentage of Shares held Address of Amalgamated Company Date of Amalgamation (b) In case of amalgamated company, mention the details of amalgamating company PAN Name of Amalgamating Company Address of Amalgamating Company Date of Amalgamation (c) In case of demerged company, mention the details of resulting company PAN Name of Resulting Company Address of Resulting Company Date of Demerger (d) In case of resulting company, mention the details of demerged company PAN Name of Demerged Company Address of Demerged Company Date of Demerger Particulars of Managing Director, Directors, Secretary and Principal officer(s) who have held the office during the previous year S.No. Name Designation Residential Address PAN Director Identification Number (DIN) issued by MCA, in case of Director Particulars of persons who were beneficial owners of shares holding not less than 10% of the voting power at any time of the previous year S.No. N....
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....ame and Address Percentage of shares held PAN (if allotted) Page 2 NATURE OF COMPANY AND ITS BUSINESS OWNERSHIP INFORMATION S.No. Name In case of unlisted company, particulars of natural persons who were the ultimate beneficial owners, directly or indirectly, of shares holding not less than 10% of the voting power at any time of the previous year Address Percentage of shares held In case of Foreign company, please furnish the details of immediate parent company. S.No Name Address Country of residence PAN (if allotted) In case of foreign company, please furnish the details of ultimate parent company S.No Name Address Country of residence PAN (if allotted) PAN (if allotted) Taxpayer's registration number or any unique identification number allotted in the country of residence Taxpayer's registration number or any unique identification number allotted in the country of residence Nature of company (Tick) ☑ 1 2 Whether a public sector company as defined in section 2(36A) of the Income-tax Act Whether a company owned by the Reserve Bank of India ☠Yes ☠No ☠Yes ☠No Whether a company in which not less than forty percent ....
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....of the shares are held (whether singly or 3 taken together) by the Government or the Reserve Bank of India or a corporation owned by that Bank ☠Yes ☠No 4 5 Whether a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 Whether a scheduled Bank being a bank included in the Second Schedule to the Reserve Bank of India Act ☠Yes ☠Yes 6 Whether a company registered with Insurance Regulatory and Development Authority (established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999) 7 Whether a company being a non-banking Financial Institution Whether the company is unlisted? ☠Yes ☠☠☠☠No ☠No ☠No ☠Yes ☠No ☠Yes ☠No 8 If yes, please ensure to fill up the Schedule SH-1 and Schedule AL-1 Nature of business or profession, if more than one business or profession indicate the three main activities/ products (Other than those declaring income under section 44AE) S.No. Code [Please see instruction No.7(i)] Description (i) (ii) (iii) Part A-BS BALANCE SHEET AS ON 31ST DAY OF MARCH, 2019 OR AS....
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.... ON THE DATE OF AMALGAMATION I Equity and Liabilities 1 Shareholder's fund A Share capital i Authorised Ai ii Issued, Subscribed and fully Paid up Aii iii Subscribed but not fully paid Aiii iv Total (Aii + Aiii) Aiv EQUITY AND LIABILITIES B Reserves and Surplus i Capital Reserve ii Capital Redemption Reserve iii Securities Premium Reserve iv Debenture Redemption Reserve Bi Bii Biii Biv V Revaluation Reserve Bv vi Share options outstanding amount Bvi Other reserve (specify nature and amount) vii a viia b viib Page 3 Ñ Total (viia + viib) Bvii Surplus i.e. Balance in profit and loss account (Debit balance viii Bviii to be shown as -ve figure) ix Total (Bi+ Bii + Biii + Biv + By + Bvi + Bvii + Bviii) (Debit balance to be shown as -ve figure) Bix C Money received against share warrants 1C D Total Shareholder's fund (Aiv + Bix + 1C) 1D 2 Share application money pending allotment i Pending for less than one year ii Pending for more than one year iii Total (i + ii) 3 Non-current liabilities A Long-term borrowings i Bonds/ debentures a Foreign currency i ii 2 ia b Rupee ib c Total (ia + ib) ic ii Term loans a Foreign c....
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....urrency iia b Rupee loans 1 From Banks 2 From others 3 Total (b1+b2) Ñ Total Term loans (iia + b3) iii Deferred payment liabilities iv Deposits from related parties (see instructions) v Other deposits b1 b2 b3 iic iii iv vi Loans and advances from related parties (see instructions) vii Other loans and advances viii Long term maturities of finance lease obligations ix Total Long term borrowings (ic + iic + iii + iv +v+vi + vii + viii) B Deferred tax liabilities (net) C Other long-term liabilities i Trade payables ii Others iii Total Other long-term liabilities (i + ii) D Long-term provisions i Provision for employee benefits ii Others iii Total (iii) E Total Non-current liabilities (3A +3B+ 3C + 3D) 4 Current liabilities A Short-term borrowings V vi vii viii 3A 3B i ii 3C i ii 3D 3E Loans repayable on demand i a From Banks ia b From Non-Banking Finance Companies ib c From other financial institutions d From others e Total Loans repayable on demand (ia + ib + ic + id) ii Deposits from related parties (see instructions) iii Loans and advances from related parties (see instructions) ic id ie ii iii iv Other loans and a....
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....dvances iv Page 4 V Other deposits vi Total Short-term borrowings (ie + ii + iii + iv + v) B Trade payables i Outstanding for more than 1 year ii Others iii Total Trade payables (i + ii) C Other current liabilities i Current maturities of long-term debt ii Current maturities of finance lease obligations iii Interest accrued but not due on borrowings iv Interest accrued and due on borrowings V Income received in advance V 4A i ii 4B i ii iii iv V vi Unpaid dividends vi vii Application money received for allotment of securities and due for refund and interest accrued vii viii Unpaid matured deposits and interest accrued thereon viii ix Unpaid matured debentures and interest accrued thereon X Other payables ix X xi Total Other current liabilities (i + ii+ iii + iv +v+ vi + vii + viii + ix + x) D Short-term provisions i Provision for employee benefit ii Provision for Income-tax iii Proposed Dividend iv Tax on dividend i ii iii iv V Other vi Total Short-term provisions (i + ii +iii + iv + v) E Total Current liabilities (4A + 4B + 4C + 4D) Total Equity and liabilities (1D+2+3E+4E) ASSETS 4C V 4D 4E I II 1 Non-current assets A....
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.... Fixed assets Tangible assets i a Gross block ia b Depreciation ib Ñ Impairment losses ic d Net block (ia - ib - ic) id Intangible assets ii a Gross block iia b Amortization iib Ñ Impairment losses iic d Net block (iia - iib - iic) iid iii Capital work-in-progress iii iv Intangible assets under development V Total Fixed assets (id + iid + iii + iv) B Non-current investments iv Av i Investment in property i ii Investments in Equity instruments a Listed equities iia b Unlisted equities iib Ñ Total (iia + iib) iic iii Investments in Preference shares iii Page 5 iv Investments in Government or trust securities iv V Investments in Debenture or bonds vi Investments in Mutual funds vii Investments in Partnership firms viii Others Investments V vi vii viii ix Total Non-current investments (i + iic + iii + iv +v+vi + vii + viii) C Deferred tax assets (Net) D Long-term loans and advances iCapital advances ii Security deposits Bix C i ii iii Loans and advances to related parties (see instructions) iii iv Other Loans and advances iv V Total Long-term loans and advances (i + ii + iii + iv) Dv vi Long-term loans a....
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....nd advances included in Dv which is for the purpose of business or profession via a not for the purpose of business or profession vib b given to shareholder, being the beneficial owner of c share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act vic E Other non-current assets i Long-term trade receivables a Secured, considered good b Unsecured, considered good C Doubtful d Total Other non-current assets (ia + ib + ic) ii Others iii Total (id+ ii) iv Non-current assets included in Eiii which is due from shareholder, being the beneficial owner of share, or from any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act F Total Non-current assets (Av + Bix + C + Dv + Eiii) 2 Current assets ia ib ic id E: iv A Current investments i Investment in Equity instruments a Listed equities b Unlisted equities Ñ Total (ia + ib) ia ib ic ii Investment in Preference shares ii iii Investment in government or trust securities iii iv Investment in debentures or bonds iv V Investment in Mutual funds vi Investment in partnership firms vii Other investment viii Total Curr....
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....ent investments (ic + ii+ iii + iv+v+vi + vii) Inventories V Eiii 1F vi vii Aviii B i Raw materials i ii Work-in-progress ii iii Finished goods iii iv Stock-in-trade (in respect of goods acquired for trading) iv V Stores and spares V vi Loose tools vi vii Others vii Page 6 viii Total Inventories (i + ii+ iii + iv+v+ vi + vii) C Trade receivables Outstanding for more than 6 months i ii Others iii Total Trade receivables (i + ii + iii) Bviii i ii Ciii D Cash and cash equivalents i Balances with Banks ii Cheques, drafts in hand i ii iii Cash in hand iii iv Others iv V Total Cash and cash equivalents (i + ii + iii + iv) Dy E Short-term loans and advances i Loans and advances to related parties (see instructions) i ii Others iii Total Short-term loans and advances (i + ii) ii Eiii iv Short-term loans and advances included in Eiii which is a for the purpose of business or profession iva b not for the purpose of business or profession ivb Ñ given to a shareholder, being the beneficial owner of share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act ivc F Other current a....
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....ssets G Total Current assets (Aviii + Bviii + Ciii + Dv + Eiii + F) Total Assets (1F+2G) Part A-BS - Ind AS F 2G II BALANCE SHEET AS ON 31ST DAY OF MARCH, 2019 OR AS ON THE DATE OF BUSINESS COMBINATION [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] (fill items below in a case where regular books of accounts are maintained, otherwise fill item III) I Equity and Liabilities 1 Equity A Equity share capital i Authorised Ai ii Issued, Subscribed and fully paid up Aii iii Subscribed but not fully paid Aiii iv Total (Aii + Aiii) Aiv B Other Equity i Other Reserves a Capital Redemption Reserve b Debenture Redemption Reserve ia ib c Share Options Outstanding account ic d Other (specify nature and amount) id e Total other reserves (ia + ib + ic + id) ie ii Retained earnings (Debit balance of statement of P&L to be shown as -ve figure) ii iii Total (Bie + ii) (Debit balance to be shown as -ve figure) Biii 1C C Total Equity (Aiv + Biii) 2 Liabilities A Non-current liabilities I Financial Liabilities B....
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....orrowings a Bonds or debentures 1 Foreign currency 2 Rupee al a2 Page 7 3 Total (1+2) b Term loans 1 Foreign currency 2 Rupee loans i From Banks ii From other parties iii Total (iii) 3 Total Term loans (b1 +b2) Ñ Deferred payment liabilities d Deposits e Loans from related parties (see instructions) f Long term maturities of finance lease obligations g Liability component of compound financial instruments h Other loans i Total borrowings (a3 + b3+c+d+e+f+g+h) b1 i ii b2 j Trade Payables k Other financial liabilities (Other than those specified in II under provisions) II Provisions a Provision for employee benefits a b b Others (specify nature) Ñ Total Provisions III Deferred tax liabilities (net) IV Other non-current liabilities a Advances a3 13 b3 Ñ d e f g h i j k ÐŸÑ III a b IVC 2A b Others (specify nature) Ñ Total Other non-current liabilities Total Non-Current Liabilities (Ii + Ij + Ik + IIC + III + IVc) B Current liabilities I Financial Liabilities i Borrowings a Loans repayable on demand 1 From Banks 2 From Other parties 1 2 3 Total Loans repayable on demand (1+2) 3 b Loans from rela....
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....ted parties b c Deposits d Other loans (specify nature) Total Borrowings (a3+b+c+d) ii Trade payables iii Other financial liabilities a Current maturities of long-term debt b Current maturities of finance lease obligations c d li Iii a b c Interest accrued C d Unpaid dividends d e g Application money received for allotment of securities to the extent refundable and interest accrued thereon f Unpaid matured deposits and interest accrued thereon Unpaid matured debentures and interest accrued thereon e f g h Others (specify nature) i Total Other financial liabilities (a+b+c+d+e+f+g+ h) iv Total Financial Liabilities (li + Iii + Iiii) h Iiii liv Page 8 II Other Current liabilities a Revenue received in advance b Other advances (specify nature) c Others (specify nature) d Total Other current liabilities (a+b+c) III Provisions a Provision for employee benefits b Others (specify nature) c Total provisions (a + b) IV Current Tax Liabilities (Net) Total Current liabilities (liv + IId + IIIc+ IV) Total Equity and liabilities (1C + 2A +2B) ASSETS II 1 Non-current assets A Property, Plant and Equipment a Gross block b Depreciation c Impairm....
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....ent losses d Net block (a - b - c) B Capital work-in-progress C Investment Property a Gross block b Depreciation c Impairment losses d Net block (a - b - c) D Goodwill a Gross block b Impairment losses c Net block (a - b) E Other Intangible Assets a b Gross block Amortisation c Impairment losses d Net block (a - b - c) F Intangible assets under development G Biological assets other than bearer plants a Gross block b Impairment losses Ñ Net block (a - b) H Financial Assets I Investments i Investments in Equity instruments a Listed equities a b C IId a b a b IIIc IV 2B I c Ad B a b c Cd a b Dc a b Ñ Ed F a b Ge ia b Unlisted equities ib c Total (ia+ib) ic ii Investments in Preference shares ii iii Investments in Government or trust securities iii iv Investments in Debenture or bonds iv V Investments in Mutual funds V vi Investments in Partnership firms vii Others Investments (specify nature) vi vii Page 9 viii Total non-current investments (ic + ii + iii + iv + v + vi + vii) II Trade Receivables a Secured, considered good b Unsecured, considered good c Doubtful d Total Trade receivables a b HI ....
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....Ñ HII III Loans i Security deposits i ii Loans to related parties (see instructions) ii iii Other loans (specify nature) iii iv Total Loans (i + ii + iii) HIII V Loans included in HIII above which is- a for the purpose of business or profession va b not for the purpose of business or profession vb given to shareholder, being the beneficial owner of IV c share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act Other Financial Assets VC i Bank Deposits with more than 12 months maturity ii Others i ii iii Total of Other Financial Assets (i + ii) I Deferred Tax Assets (Net) HIV I J Other non-current Assets i Capital Advances ii Advances other than capital advances iii Others (specify nature) i ii iii J iv Total non-current assets (i + ii + iii) V Non-current assets included in J above which is due from shareholder, being the beneficial owner of share, or from any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act V Total Non-current assets (Ad + B + Cd + Dc + Ed + F + Gc + HI + HII + HIII + HIV +I+J) 2 Current assets A Inventories i Raw materials i i....
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....i Work-in-progress ii iii Finished goods iii iv Stock-in-trade (in respect of goods acquired for trading) iv V Stores and spares V vi Loose tools vii Others viii Total Inventories (i + ii + iii + iv +v+ vi + vii) B Financial Assets I Investments i Investment in Equity instruments 1 vi vii 2A a Listed equities ia b Unlisted equities ib C Total (ia+ib) ic ii Investment in Preference shares ii iii Investment in government or trust securities iii iv Investment in debentures or bonds iv v Investment in Mutual funds V vi Investment in partnership firms vii Other Investments vi vii Page 10 ON III ACCOUNT viii Total Current investments (ic + ii + iii + iv + v + vi + vii) II Trade receivables i Secured, considered good ii Unsecured, considered good iii Doubtful iv Total Trade receivables (i + ii + iii) III Cash and cash equivalents i ii iii II i Balances with Banks (of the nature of cash and cash equivalents) i ii Cheques, drafts in hand ii iii Cash on hand iii iv Others (specify nature) iv V Total Cash and cash equivalents (i + ii + iii + iv) III IV Bank Balances other than III above IV V Loans i Security Deposits ii....
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.... Loans to related parties (see instructions) iii Others(specify nature) iv Total loans (i + ii + iii) V Loans and advances included in V above which is- a for the purpose of business or profession b not for the purpose of business or profession given to a shareholder, being the beneficial owner cof share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act VI Other Financial Assets Total Financial Assets (I + II + III + IV + V + VI) C Current Tax Assets (Net) ᎠOther current assets i ii iii V va vb VC i Advances other than capital advances ii Others(specify nature) i ii iii Total Total Current assets (2A + 2B + 2C + 2D) Total Assets (1+2) In a case where regular books of account of business or profession are not maintained - (furnish the following information as on 31st day of March, 2019, in respect of business or profession) a Amount of total sundry debtors b Amount of total sundry creditors C Amount of total stock-in-trade d Amount of the cash balance VI 2B 2C 2D 2 II IIIa IIIb IIIC IIId Part A- Account Manufacturing Manufacturing Account for the financial year 2018-19 (fill items....
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.... 1 to 3 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable) 1 Opening Inventory i Opening stock of raw-material A ii Opening stock of Work in progress iii Total (iii) B Purchases (net of refunds and duty or tax, if any) C Direct wages D Direct expenses (Di + Dii + Diii) i Carriage inward ii Power and fuel iii Other direct expenses E Factory Overheads I Indirect wages i ii Aiii B C Ꭰi ii iii Page 11 DEBITS TO TRADING ACCOUNT CREDITS TO TRADING ACCOUNT Ii Factory rent and rates Iii Factory Insurance Iv Factory fuel and power V Factory general expenses Vi Depreciation of factory machinery Vii Total (i+ii+iii+iv+v+vi) ii iii iv V F Total of Debits to Manufacturing Account (Aiii+B+C+D+Evii) 2 Closing Stock i Raw material ii Work-in-progress vi Evii 1F 2i 2ii Total (2i+2ii) 3 Cost of Goods Produced - transferred to Trading Account (1F - 2) 2 3 Part A-Trading Trading Account for the financial year 2018-19 (fill items 4 to 12 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable) Account 4 Revenue from operations A Sales/Gross receip....
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....ts 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) iiia a b iiib iiic c Total (iiia + iiib) iv Total (i+ii + iiic) B Gross receipts from Profession C Duties, taxes and cess received or receivable in respect of goods and services sold or supplied i Union Excise duties ii Service tax iii VAT/Sales tax iv Central Goods & Service Tax (CGST) i ii iii iv Aiv B V State Goods & Services Tax (SGST) V vi Integrated Goods & Services Tax (IGST) vi vii Union Territory Goods & Services Tax (UTGST) vii viii Any other duty, tax and cess viii ix Total (i+ii + iii + iv +v+ vi+vii+viii) Cix D Total Revenue from operations (Aiv + B +Cix) 4D 5 Closing Stock of Finished Stocks 5 6 6 Total of credits to Trading Account (4D + 5iv) 7 Opening Stock of Finished Goods 7 8 8 Purchases (net of refunds and duty or tax, if any) 9 Direct Expenses (9i + 9ii + 9iii) 9 i Carriage inward i ii Power and fuel Other direct expenses iii Note: Row can be added as per the nature of Direct Expenses ii iii 10 Duties and taxes, paid or payable, in respect....
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.... of goods and services purchased i Custom duty ii Counter veiling duty iii Special additional duty iv Union excise duty 10i 10ii 10iii 10iv Page 12 DEBITS TO PROFIT AND LOSS ACCOUNT CREDITS TO PROFIT AND LOSS ACCOUNT v Service tax vi VAT/Sales tax vii Central Goods & Service Tax (CGST) viii State Goods & Services Tax (SGST) ix Integrated Goods & Services Tax (IGST) 10v 10vi 10vii 10viii 10ix Χ Union Territory Goods & Services Tax (UTGST) 10x xi Any other tax, paid or payable 10xi 10xii xii Total (10i+ 10ii + 10iii + 10iv + 10v + 10vi + 10vii + 10viii + 10ix + 10x + 10xi) 11 Cost of goods produced – Transferred from Manufacturing Account 11 12 Gross Profit from Business/Profession - transferred to Profit and Loss account (6-7-8-9-10xii- 11) 12 12a Turnover from Intraday Trading 12a 12b Income from Intraday Trading 12b Part A-P& L Profit and Loss Account for the financial year 2018-19 (fill items 13 to 60 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable) 13 Gross profit transferred from Trading Account 14 Other income i Rent i ii Commission ii iii Dividend income iii i....
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....v 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 ix X Gain (loss) on account of foreign exchange fluctuation u/s 43AA Profit on conversion of inventory into capital asset u/s 28(via) (Fair Market Value of inventory as on the date of conversion) Agricultural income viii ix Χ xia xib xic 14xii 15 16 17 18 19 20 21 xi Any other income (specify nature and amount) a b Ñ Total (xia + xib) xii Total of other income (i + ii + iii + iv +v+ vi + vii + viii + ix + x + xic) 15 Total of credits to profit and loss account (13+14xii) 16 Freight outward 17 Consumption of stores and spare parts 18 Power and fuel 19 Rents 20 Repairs to building 21 Repairs to machinery 22 Compensation to employees Salaries and wages Reimbursement of medical expenses i ii Bonus 22i 22ii iii 22iii iv Leave encashment 22iv V Leave travel benefits 22v vi E: 1. Contribution to approved superannuation fund 22vi vii Contribution to recognised provident fund viii Contribution to recognised gratuity fund....
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.... ix Contribution to any other fund 22 vii 22 viii 22ix Page 13 13 X Any other benefit to employees in respect of which an expenditure has been incurred 22x 22xi xi Total compensation to employees (total of 22i to 22x) xiia Whether any compensation, included in 22xi, paid to non-residents xiia Yes/No xiib If Yes, amount paid to non-residents xiib 23 Insurance i Medical Insurance 23i ii Life Insurance 23ii iii Keyman's Insurance 23iii iv Other Insurance including factory, office, car, goods, etc. 23iv V Total expenditure on insurance (23i + 23ii + 23iii + 23iv) 23v 24 Workmen and staff welfare expenses 25 Entertainment 26 Hospitality 27 Conference 28 Sales promotion including publicity (other than advertisement) 24 25 26 27 28 29 Advertisement 29 30 Commission i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 30iii 31 Royalty i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii 31iii iii Total (i + ii) 32 Professional / Consultancy fees / Fee for technical services i ....
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....Paid outside India, or paid in India to a non-resident other than a company or a foreign company ii To others ii 32iii iii Total (i + ii) 33 33 Hotel, boarding and Lodging 34 34 Traveling expenses other than on foreign traveling 35 35 Foreign travelling expenses 36 36 Conveyance expenses 37 Telephone expenses 37 38 38 Guest House expenses 39 Club expenses 39 40 40 Festival celebration expenses 41 41 Scholarship 42 Gift 43 Donation 44 Rates and taxes, paid or payable to Government or any local body (excluding taxes on income) 42 43 i Union excise duty 44i ii Service tax 44ii iii VAT/Sales tax 44iii iv Cess 44iv V Central Goods & Service Tax (CGST) 44v vi State Goods & Services Tax (SGST) 44vi vii Integrated Goods & Services Tax (IGST) 44vii viii Union Territory Goods & Services Tax (UTGST) 44viii ix Any other rate, tax, duty or cess incl STT and CTT 44ix Page 14 X Total rates and taxes paid or payable (44i + 44ii +44iii +44iv +44v + 44vi + 44vii + 44viii +44ix) 44x 45 Audit fee 45 46 Other expenses (specify nature and amount) i ii iii Total (i + ii) i ii 46iii 47 Bad debts (specify PAN of the person, if available,....
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.... for whom Bad Debt for amount of Rs. 1 lakh or more is claimed and (amount) 47i PROVISIONS PROVISION FOR TAX AND APPROPRIATIONS ii 47ii iii 47iii iv Rows can be added as required 47iv Others (more than Rs. 1 lakh) where PAN is not V 47v available (provide name and complete address) vi Others (amounts less than Rs. 1 lakh) 47vi vii Total Bad Debt (47i+ 47ii +47iii + 47iv + 47v+ 47vi) 48 Provision for bad and doubtful debts 47vii 48 49 49 Other provisions 50 Profit before interest, depreciation and taxes [15 - (16 to 21 + 22xi + 23v + 24 to 29 + 30iii +31iii + 32iii + 33 to 43 + 44x + 45 + 46iii + 47vii +48 +49)] 50 51 Interest i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (iii) 52 Depreciation and amortisation 53 Net profit before taxes (50 - 51iii - 52) 54 Provision for current tax 55 Provision for Deferred Tax and deferred liability 56 Profit after tax (53-54-55) 57 Balance brought forward from previous year 58 Amount available for appropriation (56 +57) 59 Appropriations i Transfer to reserves and surplus 51iii 52 53 54 55 56 57 58 59i ii Propose....
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....d dividend/ Interim dividend 59ii iii Tax on dividend/ Tax on dividend for earlier years 59iii Appropriation towards Corporate Social Responsibility (CSR) activities (in case of iv 59iv companies covered under section 135 of Companies Act, 2013) V Any other appropriation 59v vi Total (59i + 59ii + 59iii + 59iv+59v) 59vi 60 Balance carried to balance sheet (58 - 59vi) COMPUTATION OF PRESUMPTIVE INCOME FROM GOODS CARRIAGES UNDER SECTION 44AE 61 SR. NO. Name of Business Business code Registration No. of goods carriage Whether owned/leased/ hired Tonnage capacity of goods carriage (in MT) Number of months for which goods carriage was owned/leased/hired by assessee (i) (1) (2) (3) (4) (a) (b) Add row options as necessary (upto maximum 10) 60 Description Presumptive income u/s 44AE for the goods carriage (Computed @ Rs.1000 per ton per month in case tonnage exceeds 12MT, or else @ Rs.7500 per month) or the amount claimed to have been actually earned, whichever is higher (5) Page 15 NO ACCOUN T CASE (ii) Total presumptive income from goods carriage u/s 44AE [total of column (5) of table 61(i)] 61 (ii) NOTE-If the profits are lower t....
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....han prescribed under S.44AE or the number of goods carriage owned / leased / hired at any time during the year exceeds 10, then, it is mandatory to maintain books of accounts and have a tax audit under section 44AB 62 In case of Foreign Company whose total income comprises solely of profits and gains from business referred to in sections 44B, 44BB, 44BBA or 44BBB, furnish the following information Gross receipts / Turnover Part A- a b Net profit Manufacturing 62a 62b Manufacturing Account for the financial year 2018-19 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] Account Ind-AS (fill items 1 to 3 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable) 1 Opening Inventory i Opening stock of raw-material A ii Opening stock of Work in progress iii Total (i + ii) B Purchases (net of refunds and duty or tax, if any) C Direct wages D Direct expenses i Carriage inward ii Power and fuel iii Other direct expenses E Factory Overheads I Indirect wages i ii Aiii B C ....
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.... D i ii iii Ii Factory rent and rates Iii Factory Insurance Iv Factory fuel and power V Factory general expenses Vi Depreciation of factory machinery Vii Total (i+ii+iii+iv+v+vi) F Total of Debits to Manufacturing Account (Aiii+B+C+D+Evii) 2 Closing Stock i Raw material ii Work-in-progress 2i 2ii Total (2i +2ii) 3 Cost of Goods Produced – transferred to Trading Account (1F -2) Evii 1F 2 3 Part A-Trading Account Ind-AS Trading Account for the financial year 2018-19 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] (fill items 4 to 12 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable) 4 Revenue from operations A Sales/Gross receipts of business (net of returns and refunds and duty or tax, if any) CREDITS TO TRADING ACCOUNT iSale of goods i ii Sale of services ii iii Other operating revenues (specify nature and amount) iiia a b iiib c Total (iiia + iiib) iiic iv Total (i+ii + iiic) Aiv B B Gross receipts from Profession C Duties, taxe....
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....s and cess received or receivable in respect of goods and services sold or supplied i Union Excise duties i ii Service tax ii Page 16 DEBITS TO TRADING ACCOUNT iii VAT/Sales tax iv Central Goods & Service Tax (CGST) V State Goods & Services Tax (SGST) iii iv V vi Integrated Goods & Services Tax (IGST) vi vii Union Territory Goods & Services Tax (UTGST) vii viii Any other duty, tax and cess viii Cix ix Total (i+ii + iii + iv +v+ vi+vii+viii) 4D D Total Revenue from operations (Aiv + B +Cix) 5 5 Closing Stock of Finished Stocks 6 6 Total of credits to Trading Account (4D + 5iv) 7 7 Opening Stock of Finished Goods 8 Purchases (net of refunds and duty or tax, if any) 9 Direct Expenses (9i + 9ii + 9iii) i Carriage inward 8 la 9 i ii Power and fuel ii Other direct expenses iii Note: Row can be added as per the nature of Direct Expenses iii 10 Duties and taxes, paid or payable, in respect of goods and services purchased iCustom duty ii Counter veiling duty iii Special additional duty iv Union excise duty v Service tax vi VAT/Sales tax vii Central Goods & Service Tax (CGST) viii State Goods & Services Tax (SGST) ix Integrated Goods & Ser....
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....vices Tax (IGST) 10i 10ii 10iii 10iv 10v 10vi 10vii 10viii 10ix X Union Territory Goods & Services Tax (UTGST) 10x xi Any other tax, paid or payable 10xi 10xii xii Total (10i+ 10ii + 10iii + 10iv + 10v + 10vi + 10vii + 10viii + 10ix + 10x + 10xi) 11 Cost of goods produced – Transferred from Manufacturing Account 11 12 Gross Profit from Business/Profession - transferred to Profit and Loss account (6-7-8-9-10xii- |11) 12 12a Turnover from Intraday Trading 12a 12b Income from Intraday Trading Part A-P&L Ind-AS 12b Profit and Loss Account for the financial year 2018-19 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] (fill items 13 to 60 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable) 13 Gross profit transferred from Trading Account 14 Other income CREDITS TO PROFIT AND LOSS ACCOUNT i Rent i ii Commission ii iii Dividend income iii iv Interest income iv > Profit on sale of fixed assets V vi Profit on sale of investment being secu....
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....rities chargeable to Securities Transaction Tax (STT) vi vii Profit on sale of other investment vii viii Gain (loss) on account of foreign exchange fluctuation u/s 43AA viii ix X Profit on conversion of inventory into capital asset u/s 28(via) (Fair Market Value of inventory as on the date of conversion) Agricultural income xi Any other income (specify nature and amount) ix X Page 17 xia a b xib Ñ Total (xia + xib) xic 14xii xii Total of other income (i + ii + iii + iv + v + vi + vii + viii + ix + x + xic) 15 15 Total of credits to profit and loss account (13+14xii) 16 16 Freight outward 17 Consumption of stores and spare parts 17 18 18 Power and fuel 19 Rents 20 Repairs to building 21 Repairs to machinery 22 Compensation to employees Salaries and wages i ii Bonus iii Reimbursement of medical expenses 19 20 21 22i 22ii 22iii iv Leave encashment V Leave travel benefits vi 22iv 22v Contribution to approved superannuation fund vii Contribution to recognised provident fund 22vi 22 vii viii Contribution to recognised gratuity fund 22 viii ix Contribution to any other fund 22ix X Any other benefit to employees in respect....
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.... of which an expenditure has been incurred 22x 22xi xi Total compensation to employees (total of 22i to 22x) xii Whether any compensation, included in 22xi, paid to non-residents xiia Yes/No If Yes, amount paid to non-residents xiib 23 Insurance i Medical Insurance 23i ii Life Insurance 23ii iii Keyman's Insurance 23iii iv Other Insurance including factory, office, car, goods, etc. 23iv V Total expenditure on insurance (23i + 23ii + 23iii + 23iv) 23v 24 Workmen and staff welfare expenses 25 Entertainment 26 Hospitality 27 Conference 24 25 26 27 28 29 28 Sales promotion including publicity (other than advertisement) 29 Advertisement 30 Commission i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii 30iii iii Total (i + ii) 31 Royalty i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 31iii 32 Professional / Consultancy fees / Fee for technical services i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii ....
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....iii Total (i + ii) 32iii Page 18 SHOTSHOW PROVISION FOR TAX AND 33 Hotel, boarding and Lodging 34 Traveling expenses other than on foreign traveling 35 Foreign travelling expenses 33 34 36 Conveyance expenses 37 Telephone expenses 38 Guest House expenses 39 Club expenses 40 Festival celebration expenses 41 Scholarship 42 Gift 43 Donation 44 Rates and taxes, paid or payable to Government or any local body (excluding taxes on income) 35 36 37 38 39 40 41 42 43 i Union excise duty ii Service tax iii VAT/ Sales tax iv Cess V Central Goods & Service Tax (CGST) vi State Goods & Services Tax (SGST) 44i 44ii 44iii 44iv 44v 44vi vii Integrated Goods & Services Tax (IGST) 44vii viii Union Territory Goods & Services Tax (UTGST) 44viii ix Any other rate, tax, duty or cess incl STT and CTT 44ix x Total rates and taxes paid or payable (44i + 44ii +44iii +44iv +44v + 44vi + 44vii + 44viii +44ix) 44x 45 45 Audit fee 46 Other expenses (specify nature and amount) i ii i ii iii Total (i + ii) 46iii 47 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) i 47i....
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.... ii 47ii iii 47iii iv Rows can be added as required 47iv Others (more than Rs. 1 lakh) where PAN is not 47v V available (provide name and complete address) vi Others (amounts less than Rs. 1 lakh) 47vi vii Total Bad Debt (47i+ 47ii + 47iii +47iv + 47v+47vi) 47vii 48 Provision for bad and doubtful debts 48 49 Other provisions 49 50 Profit before interest, depreciation and taxes [15 - (16 to 21 + 22xi + 23v + 24 to 29 + 30iii +31iii + 32iii + 33 to 43 +44x+45 + 46iii + 47vii +48 +49)] 50 51 Interest i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 52 Depreciation and amortisation 53 Net profit before taxes (50 - 51iii - 52) 54 Provision for current tax 55 Provision for Deferred Tax and deferred liability 56 Profit after tax (53-54-55) 57 Balance brought forward from previous year 58 Amount available for appropriation (56 +57) 51iii 52 53 54 55 56 57 58 Page 19 NO ACCOUNT CASE 59 Appropriations i Transfer to reserves and surplus ii Proposed dividend/ Interim dividend iii Tax on dividend/ Tax on dividend for earlier years 59i 59ii 59iii iv Ap....
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....propriation towards Corporate Social Responsibility (CSR) activities (in case of companies covered under section 135 of Companies Act, 2013) v Any other appropriation 59iv 59v vi Total (59i+ 59ii + 59iii + 59iv+59v) 59vi 60 Balance carried to balance sheet (58 - 59vi) 60 61 A Items that will not be reclassified to P&L iChanges in revaluation surplus i ii Re-measurements of the defined benefit plans ii iii Equity instruments through OCI iii iv Fair value Changes relating to own credit risk of financial liabilities designated at FVTPL iv V Share of Other comprehensive income in associates and joint ventures, to the extent not to be classified to P&L V vi Others (Specify nature) vi vii Income tax relating to items that will not be reclassified to P&L viii Total vii 61A B Items that will be reclassified to P&L i Exchange differences in translating the financial statements of a foreign operation i ii Debt instruments through OCI ii iii The effective portion of gains and loss on hedging instruments in a cash flow hedge iii iv Share of OCI in associates and joint ventures to the extent to be classified into P&L iv v Others (Specify nature) V ....
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.... vi Income tax relating to items that will be reclassified to P&L vii Total vi 61B 62 Total Comprehensive Income (56+61A+ 61B) 63 COMPUTATION OF PRESUMPTIVE INCOME FROM GOODS CARRIAGES UNDER SECTION 44AE Name of Business SR. NO. Business code 62 Description Registration No. of goods carriage Whether owned/leased/ hired Tonnage capacity of goods carriage (in MT) Number of months for which goods carriage was owned/leased/hired by assessee Presumptive income u/s 44AE for the goods carriage (Computed @ Rs.1000 per ton per month in case tonnage exceeds 12MT, or else @ Rs.7500 per month) or the amount claimed to have been actually earned, whichever is higher (5) (i) (1) (2) (3) (4) (a) (b) Add row options as necessary (upto maximum 10) (ii) Total presumptive income from goods carriage u/s 44AE [total of column (5) of table 63(i)] 63(ii) NOTE- If the profits are lower than prescribed under S.44AE or the number of goods carriage owned Лleased / hired at any time during the year exceeds 10, then, it is mandatory to maintain books of accounts and have a tax audit under section 44AB 64 IF REGULAR BOOKS OF ACCOUNT OF BUSINESS OR PROFESSION ARE N....
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....OT MAINTAINED, furnish the following information for previous year 2018-19 in respect of business or profession - (OTHER THAN COVERED U/S 44AE) (i) For assessee carrying on Business a Gross receipts / Turnover (a1 + a2) ia 1 Through a/c payee cheque or a/c payee bank draft or bank electronic al clearing system received before specified date 2 Any other mode b Gross profit a2 ib Page 20 c Expenses d Net profit ic 64i (ii) For assessee carrying on Profession a Gross receipts (al + a2) iia 1 Through a/c payee cheque or a/c payee bank draft or bank electronic| clearing system received before specified date al 2 Any other mode a2 b Gross profit iib iic c Expenses d Net profit 64ii 64iii (iii) Total profit (64i + 64ii) Part A-OI Other Information (mandatory, if liable for audit under section 44AB, for other fill, if applicable) 1 Method of accounting employed in the previous year (Tick) ☑ 2 Is there any change in method of accounting ☠mercantile ☠cash За (Tick) ☑ Increase in the profit or decrease in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2) [col....
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....umn 11a(iii) of Schedule ICDS] ☠Yes ☠No За 3b Decrease in the profit or increase in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2) [column 11b(iii) of Schedule ICDS] 3b OTHER INFORMATION 4 Method of valuation of closing stock employed in the previous year (optional in case of professionals) 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) 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) Is there any change in stock valuation method (Tick) ☑ ☠Yes ☠No Ñ d Increase in the profit or decrease in loss because of deviation, if any, from the method of valuation specified under section 145A 4d e Decrease in the profit or increase in loss because of deviation, if any, from the method of valuation specified under section 145A 4e 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,....
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.... or refund of sales tax or value added tax, or refund of GST, 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 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 condition 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 Any sum paid to an employee as bonus or commission for services| c 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)] бе 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 contribut....
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....ion 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 Any sum received from employees as contribution to any provident fund or superannuation fund or any fund set up under k ESI Act or any other fund for the welfare of employees to the 6k extent not credited to the employees account on or before the due date [36(1)(va)] 1 Amount of bad and doubtful debts [36(1)(vii)] 61 m Provision for bad and doubtful debts [36(1)(viia)] 6m n Amount transferred to any special reserve [36(1)(viii)] 6n 0 Expenditure for the purposes of promoting family planning Jamongst employees [36(1)(ix)] 60 ☠☠Page 21 Amount of securities transaction paid in respect of transaction in p securities if such income is not included in business income [36(1)(xv)] Marked to market loss or other expected loss as computed in 9 accordance with the ICDS notified u/s 145(2) [36(1)(xviii)] r Any other disallowance S Total amount disallowable under section 36 (total of 6a to 6r) бр 6q 6r Total number of employees employed by the company (mandator....
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....y in case company has recognized Provident Fund) t i deployed in India ii deployed outside India i ii iii iii Total 7 Amounts debited to the profit and loss account, to the extent disallowable under section 37 6s a Expenditure of capital nature [37(1)] 7a b Expenditure of personal nature [37(1)] 7b Ñ 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 i Amount of any liability of a contingent nature k Total amount disallowable under section 37 (total of 7a to 7j) 8 h Expenditure incurred on corporate social responsibility (CSR) j Any other amount not allowable under section 37 A. Amounts debited to the profit and loss account, to the extent disallowable under section 40 7h 7i 7j 7k a b Amount disallowable under section 40 (a)(i), o....
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....n account of non-compliance with the provisions of Chapter XVII-B Amount disallowable under section 40(a)(ia) on account of non-compliance with the provisions of Chapter XVII-B Amount disallowable under section 40(a)(ib) on account of c non-compliance with the provisions of Chapter VIII of the Finance Act, 2016 Ðа Ab Ac d Amount disallowable under section 40(a)(iii) on account of non-compliance with the provisions of Chapter XVII-B Ad e Amount of tax or rate levied or assessed on the basis of profits [40(a)(ii)] Ae f Amount paid as wealth tax [40(a)(iia)] Af g Amount paid by way of royalty, license fee, service fee etc. as per section 40(a)(iib) Ag h Amount of interest, salary, bonus, commission or Ah remuneration paid to any partner or member [40(b)] i Any other disallowance Ai j Total amount disallowable under section 40(total of Aa to Ai) Aj 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 Amount paid otherwise than ....
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....by account payee cheque or account b payee bank draft or use of electronic clearing system through a bank account, disallowable under section 40A(3) 9b Ñ Provision for payment of gratuity [40A(7)] 9c any sum paid by the assessee as an employer for setting up or as d 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 Any amount disallowed under section 43B in any preceding previous year but allowable during the previous 10 year a Any sum in the nature of tax, duty, cess or fee under any law 10a Any sum payable by way of contribution to any provident fund or b superannuation fund or gratuity fund or any other fund for the welfare of employees 10b Ñ Any sum payable to an employee as bonus or commission for services rendered 10c Page 22 QUANTITATIVE DETAILS Any sum payable as interest on any loan or borrowing from any d public financial institution or a State financial corporation or a State Industrial investment corporation e Any sum payable as interest on any loan or borrowing from any scheduled ba....
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....nk or a co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank f Any sum payable towards leave encashment 10d 10e 10f Any sum payable to the Indian Railways for the use of railway 10g g assets h Total amount allowable under section 43B (total of 10a to 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 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 11a 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 e Any sum payable as interest on any loan or borrowing from any scheduled bank or a co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank 11d 11e 10h f Any sum payable towa....
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....rds leave encashment 11f g Any sum payable to the Indian Railways for the use of railway assets 11g h Total amount disallowable under Section 43B(total of 11a to 11g) 11h 12 Amount of credit outstanding in the accounts in respect of a Union Excise Duty 12a b Service tax C VAT/sales tax d Central Goods & Service Tax (CGST) 12b 12c 12d e State Goods & Services Tax (SGST) 12e f Integrated Goods & Services Tax (IGST) 12f Union Territory Goods & Services Tax (UTGST) 12g h Any other tax 12h i Total amount outstanding (total of 12a to 12h) 13 Amounts deemed to be profits and gains under section 33AB or 33ABA or 33AC 14 Any amount of profit chargeable to tax under section 41 15 Amount of income or expenditure of prior period credited or debited to the profit and loss account (net) 16 Amount of expenditure disallowed u/s 14A Part A - QD Quantitative details (mandatory, if liable for audit under section 44AB) (a) In the case of a trading concern 1 Opening stock 2 Purchase during the previous year 3 Sales during the previous year 4 Closing stock 5 Shortage/ excess, if any (b) In the case of a manufacturing concern 6 Raw materials a Opening stoc....
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....k b Purchases during the previous year Consumption during the previous year Ñ d Sales during the previous year e Closing stock f Yield finished products Percentage of yield g h Shortage/excess, if any 1 2 3 4 5 ба 6b 6c 6d бе 6f 6g 6h 12i 13 14 15 16 Page 23 company under liquidation Receipt and payment account Part A - OL 3 4 7 Finished products/By-products a opening stock b purchase during the previous year Ñ quantity manufactured during the previous year d sales during the previous year e closing stock f shortage/excess, if any 7a 7b 7c 7d 7e 7f Receipt and payment account of company under liquidation 1 Opening balance i Cash in hand ii Bank iii Total opening balance 2 Receipts i Interest ii Dividend iii Sale of assets (pls. specify nature and amount) a b Ñ d Total (iiia + iiib + iiic) iv Realisation of dues/debtors v Others (pls. specify nature and amount) a b Ñ Total of other receipts (va + vb) vi Total receipts (2i + 2ii + 2iiid+ 2iv + 2vc) Total of opening balance and receipts Payments i Repayment of secured loan ii Repayment of unsecured loan iii Repayment to creditors iv Com....
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....mission V Others (pls. specify) li 1ii 1iii བ|: 2i 2ii 2iiia 2iiib 2iiic 2iiid 2iv 2va 2vb 2vc 2vi 3 4i 4ii 4iii 4iv a 4va b 4vb c Total of other payments (4va + 4vb) 4vc vi Total payments (4i + 4ii + 4iii + 4iv + 4vc) 4vi 5 Closing balance i Cash in hand ii Bank 5i 5ii iii Total of closing balance (5i + 5ii) 5iii 6 Total of closing balance and payments (4vi + 5iii) 6 Page 24 Schedule HP SCHEDULES TO THE RETURN FORM (FILL AS APPLICABLE) Details of Income from House Property (Please refer instructions) (Drop down to be provided indicating ownership of property) Address of property 1 State Town/City PIN Code/Zip Code HOUSE PROPERTY 1 Is the property co-owned? ☠Yes ☠No (if "YES" please enter following details) 21 Assessee's percentage of share in the property Name of Co-owner(s) I PAN of Co-owner (s) Percentage Share in Property II [Tick Deemed let out (if let out) I |II the applicable option] Name(s) of Tenant PAN of Tenant(s) (if available) ☠Let out PAN/TAN of Tenant(s) (if TDS credit is claimed) a Gross rent received or receivable or letable value la b The amount of rent which cannot be r....
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....ealized 1b Ñ Tax paid to local authorities 1c d Total (1b+1c) 1d e Annual value (1a – 1d) (nil, if self -occupied etc. as per section 23(2) of the Act) le f Annual value of the property owned (own percentage share x 1e) 1f g 30% of 1f 1g h Interest payable on borrowed capital 1h i Total (1g+1h) li j Arrears/Unrealised rent received during the year less 30% k Income from house property 1 (1f-li+1j) 1j 1k State PIN Code/Zip code Address of property 2 Town/City Is the property co-owned? ☠Yes ☠No (if "YES" please enter following details) Assessee's percentage of share in the property Name of Co-owner(s) PAN of Co-owner (s) I II Percentage Share in Property ☠Deemed let out (if let out) I II [Tick the applicable option] Name(s) of Tenant PAN of Tenant(s) (Please see note) ☠Let out PAN/TAN of Tenant(s) (Please see note) Gross rent received or receivable/letable value 2a a b (higher of the two, if let out for whole of the year, lower of the two, if let out for part of the year) The amount of rent which cannot be realized 2b Ñ Tax paid to local authorities 2c d Total (2b+2c) 2d e Annual value (....
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....2a - 2d) f Annual value of the property owned (own percentage share x 2e) 2e 2f g 30% of 2f 2g h Interest payable on borrowed capital 2h i Total (2g+2h) 2i j Arrears/Unrealised rent received during the year less 30% 2j k Income from house property 2 (2e − 2h+2j) 2k 3 Pass through income if any * 3 4 Income under the head "Income from house property" (1k+ 2k+3) 4 (if negative take the figure to 2i of schedule CYLA) NOTE Furnishing of PAN of tenant is mandatory, if tax is deducted under section 194-IB. Furnishing of TAN of tenant is mandatory, if tax is deducted under section 194-1. Page S1 Schedule BP INCOME FROM BUSINESS OR Computation of income from business or profession A From business or profession other than speculative business and specified business 1 2a Profit before tax as per profit and loss account (item 53 and 61(iii) of Part A-P&L) / (item 55 and 63(iii) of Part A-P&L Ind AS) (as applicable) Net profit or loss from speculative business included in 1 (enter -ve sign in case of loss) 22 2a 2b 20 Net profit or Loss from Specified Business u/s 35AD included in 1 (enter -ve sign in case of loss) 2b a House property Ð....
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....а Income/ receipts credited to profit and loss account 3 considered under other heads of income/chargeable u/s 115BBF/ chargeable u/s 115BBG b Capital gains 3b c Other sources 3c d u/s 115BBF 3d e u/s 115BBG Зе Profit or loss included in 1, which is referred to in section 4a 44B/44BB/44BBA/44BBB/ 44D/44DA/ Chapter-XII-G/ First Schedule of 4a Income-tax Act (other than 115B) (Dropdown to be provided) 4b Profit and gains from life insurance business referred to in section 115B 4b 4c Profit from activities covered under rule 7, 7A, 7B(1), 7B(1A) and 8 Dropdown to be provided) 4c 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 Ñ Any other exempt income (specify nature and amount) i ci ii cii iii Total (ci cii) 5ciii d Total exempt income (5a + 5b + 5ciii) 6 Balance (1-2a 2b - 3a - 3b - 3c-3d-3e-4-5d) 5d 1 a House property 7a Expenses debited to profit and loss account 7 considered under other heads of income/related to income chargeable u/s 115BBF or u/s 115BBG b Capital gains 7b c Other sources 7c d u/s 115BBF 7d e u/s 11....
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....5BBG 7e 8b 8a Expenses debited to profit and loss account which relate to exempt income Expenses debited to profit and loss account which relate to exempt income and disallowed u/s 14A (16 of Part A-OI) 8a 8b 9 Total (7a+7b+ 7c+7d7e+8) 9 10 Adjusted profit or loss (6+9) 10 11 Depreciation and amortization 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) 12ii (Make your own computation refer Appendix-IA of IT Rules) iii Total (12i + 12ii) 13 Profit or loss after adjustment for depreciation (10 +11 - 12iii) 12iii 13 14 Amounts debited to the profit and loss account, to the extent disallowable under section 36 (6r of Part A-OI) 14 15 Amounts debited to the profit and loss account, to the extent disallowable under section 37 (7k of Part A-OI) 15 16 Amounts debited to the profit and loss account, to the extent disallowable under section 40 (8Aj of Part A-OI) 16 17 Amounts debited to the profit and loss account, to the extent disallowable under section 40A (9f of Part A-OI)....
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.... 17 18 Any amount debited to profit and loss account of the previous year but disallowable under section 43B (11h of Part A-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 32AC/ 32AD/ 33AB/ 33ABA/35ABA/ 35ABB/ 35AC/ 40A(3A)/ 33AC/ 72A/ 80HHD/80-IA 21 22 Deemed income under section 43CA 22 23 Any other item of addition under section 28 to 44DA 23 Any other income not included in profit and loss account/any other expense 24 not allowable (including income from salary, commission, bonus and interest 24 from firms in which company is a partner) Page S2 25 Increase in profit or decrease in loss on account of ICDS adjustments and deviation in method of valuation of stock (Column 3a + 4d of Part A- OI) 26 Total (14+ 15 + 16 + 17 + 18 + 19 +20 +21+22 +23+24+25) 25 27 Deduction allowable under section 32(1)(iii) 28 Deduction allowable under section 32AD 29 Amount allowable as deduction under section 32AC 30 Amount of deduction under section 35 or 35CCC or 35CCD in excess of the amount debited to profit and loss account (it....
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....em 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) 26 27 28 29 30 31 Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year(8B of Part A-OI) 31 32 Any amount disallowed under section 43B in any preceding previous year but allowable during the previous year (10g of Part A-OI) 32 33 34 33 Any other amount allowable as deduction 34 Decrease in profit or increase in loss on account of ICDS adjustments and deviation in method of valuation of stock (Column 3b + 4e of Part A- OI) 35 Total (27+28+29+30+31+32+33+34) 36 Income (13+26-35) 37 Profits and gains of business or profession deemed to be under - Section 44AE (62(ii) of schedule P&L or 64(ii) of Ind i 37i As P&L) ii Section 44B iii Section 44BB iv Section 44BBA 37ii 37iii 37iv V Section 44BBB vi Section 44D vii Section 44DA 37v 37vi 37vii (item 4 of Form 3CE) viii Chapter-XII-G (tonnage) 37 viii (total of col. 7 of item 10 of Form 66) ix First Schedule of Income-tax Act (other than 115B) 37ix x Total (37i to 37ix) 35 36 37x 38 Net p....
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....rofit or loss from business or profession other than speculative and specified business (34+37x) 38 Net Profit or loss from business or profession other than speculative business and specified business after 39 applying rule 7A, 7B or 8, if applicable (If rule 7A, 7B or 8 is not applicable, enter same figure as in 38) (If A39 loss take the figure to 2i of item E) (39a+ 39b +39c+39d+39e +39f) e Deemed income chargeable under Rule 8 a Income chargeable under Rule 7 b Deemed income chargeable under Rule 7A Ñ Deemed income chargeable under Rule 7B(1) d Deemed income chargeable under Rule 7B(1A) f Income other than Rule 7A, 7B & 8 (Item No. 38) 39a 39b 39c 39d 39e 39f 40 Balance of income deemed to be from agriculture, after applying Rule 7, 7A, 7B(1), 7B(1A) and Rule 8 for the purpose of aggregation of income as per Finance Act [4b-(39a+39b+39c+39d+39e)] 40 40 B Computation of income from speculative business 41 Net profit or loss from speculative 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 43 44 Income from speculative business ) (41+42-43) (if loss....
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...., take the figure to 6xi of schedule CFL) B44 C Computation of income from specified business under section 35AD 45 Net profit or loss from specified business as per profit or loss account 45 46 Additions in accordance with section 28 to 44DA 44 46 47 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) 47 48 Profit or loss from specified business) (45+46-47) 48 49 Deductions in accordance with section 35AD(1) 49 50 Income from Specified Business) (48-49) (if loss, take the figure to 7xi of schedule CFL) C50 51 Relevant clause of sub-section (5) of section 35AD which covers the specified business (to be selected from drop down menu) C51 D Income chargeable under the head ‘Profits and gains from business or profession' (A38+B44+C50) D Page S3 Business income remaining after set E Intra head set off of business loss of current year Income of current year (Fill this column only Business loss set off Sl. Type of Business income if figure is zero or positive) off (1) (2) Loss to be set off (Fill this row i (A39) only if figure is negative) ii Incom....
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....e from speculative business (B44) iii Income from specified business (C50) iv Total loss set off (ii + iii) (3) = (1) - (2) v Loss remaining after set off (i – iv) Schedule DPM 1 2 Rate (%) Depreciation on Plant and Machinery (Other than assets on which full capital expenditure is allowable as deduction under any other section) Block of assets 15 (i) Plant and machinery 30 (ii) 40 (iii) DEPRECIATION ON PLANT AND MACHINERY 3 Written down value on the first day of previous year 4 Additions for a period of 180 days or more in the previous year 5 Consideration or other realization during 6 7 the previous year out of 3 or 4 Amount on which depreciation at full rate to be allowed (3 + 4 -5) (enter 0, if result is negative) Additions for a period of less than 180 days in the previous year 8 Consideration or other realizations during the year out of 7 9 Amount on which depreciation at half rate to be allowed (7-8) (enter 0, if result is negative) 10 Depreciation on 6 at full rate 11 Depreciation on 9 at half rate 12 Additional depreciation, if any, on 4 13 Additional depreciation, if any, on 7 to 14 Additional depreciation relating immed....
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....iately preceding year on asset put to use for less than 180 days 15 Total depreciation (10+11+12+13+14) 16 Depreciation disallowed under section 38(2) of the I.T. Act (out of column 15) 17 Net aggregate depreciation (15-16) 18 Proportionate aggregate depreciation allowable in the event of succession, amalgamation, demerger etc. (out of column 17) 19 Expenditure incurred in connection with transfer of asset/assets 20 Capital gains/loss under section 50 (5+8-3-4-7-19) (enter negative only, if block ceases to exist) 21 Written down value on the last day of previous year* (6+9-15) (enter 0, if result is negative) Schedule DOA DEPRECIATION ON OTHER ASSETS Land Depreciation on other assets (Other than assets on which full capital expenditure is allowable as deduction) Block of assets Building (not including land) Furniture and Intangible assets Ships fittings 2 Rate (%) Nil 5 10 40 10 25 20 (i) (ii) (iii) (iv) (v) (vi) (vii) 3 Written down value on the first day of previous year 4 Additions for a period of 180 days or more in the previous year 5 Consideration or other realization during the previous year out of 3 or 4 6 Amount on which....
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.... depreciation at full rate to be allowed (3+4 -5) (enter 0, if result is negative) Page S4 7 Additions for a period of less than 180 days in the previous year 8 Consideration or other realizations during the year out of 7 9 Amount on which depreciation at half rate to be allowed (7-8) (enter 0, if result is negative) 10 Depreciation on 6 at full rate 11 Depreciation on 9 at half rate 12 Total depreciation (10+11) 13 Depreciation disallowed under section 38(2) of the I.T. Act (out of column 12) 14 Net aggregate depreciation (12-13) 15 Proportionate aggregate depreciation allowable in the event of succession, amalgamation, demerger etc. (out of column 14) 16 Expenditure incurred in connection with transfer of asset/assets 17 Capital gains/loss under section 50* (5+8-3-4-7-16) (enter negative only if block ceases to exist) 18 Written down value on the last day of previous year* (6+ 9 -12) (enter 0 if result is negative) Schedule DEP 1 Summary of depreciation on assets (Other than on assets on which full capital expenditure is allowable as deduction under any other section) Plant and machinery Block entitled for depreciation @ 15 per cent (Schedule D....
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....PM - 17i or 18i as applicable) la a b Block entitled for depreciation @ 30 per cent Schedule DPM 17ii or 18ii as applicable) 1b Ñ Block entitled for depreciation @ 40 per cent (Schedule DPM - 17iii or 18iii as applicable) 1c 1d SUMMARY OF DEPRECIATION ON ASSETS d Total depreciation on plant and machinery ( 1a + 1b + 1c) 2 Building (not including land) a Block entitled for depreciation @ 5 per cent (Schedule DOA- 14ii or 15ii as applicable) b Block entitled for depreciation @ 10 per cent (Schedule DOA- 14iii or 15iii as applicable) Ñ Block entitled for depreciation @ 40 per cent (Schedule DOA- 14iv or 15iv as applicable) d Total depreciation on building (2a+2b+2c) 3 Furniture and fittings(Schedule DOA- 14v or 15v as applicable) 4 Intangible assets (Schedule DOA- 14vi or 15vi as applicable) 5 Ships (Schedule DOA- 14vii or 15vii as applicable) 6 Total depreciation (1d+2d+3+4+5) 2a 2b 2c 2d 3 4 5 6 Schedule DCG Deemed Capital Gains on sale of depreciable assets Plant and machinery a Block entitled for depreciation @ 15 per cent (Schedule DPM - 20i) la b Block entitled for depreciation @ 30 per cent (Schedule DPM - 20ii) 1b Ñ Block ent....
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....itled for depreciation @ 40 per cent (Schedule DPM - 20iii) 1c d Total (la +1b + 1c) 1d 2 Building (not including land) a Block entitled for depreciation @ 5 (Schedule DOA- 17ii) per cent 2a b Block entitled for depreciation @ 10 per cent (Schedule DOA- 17iii) 2b Ñ Block entitled for depreciation @ 40 per cent (Schedule DOA- 17iv) 2c d Total (2a+2b+ 2c) 2d 3 Furniture and fittings (Schedule DOA- 17v) 3 4 Intangible assets (Schedule DOA- 17vi) 5 Ships (Schedule DOA- 17vii) 6 Total (1d+2d+3+4+5) 4 5 6 Page S5 Schedule ESR SI No Expenditure on scientific Research etc. (Deduction under section 35 or 35CCC or 35CCD) Expenditure of the nature referred to in section Amount, if any, debited to profit and loss account (2) Amount of deduction allowable (3) Amount of deduction in excess of the amount debited to profit and loss account (4)=(3)-(2) (1) i 35(1)(i) ii 35(1)(ii) iii 35(1)(iia) iv 35(1)(iii) V 35(1)(iv) vi 35(2AA) vii 35(2AB) viii 35CCC ix 35CCD X NOTE Schedule CG Total In case any deduction is claimed under sections 35(1)(ii) or 35(1)(iia) or 35(1)(iii) or 35(2AA), please provide the details as per Schedule RA. Ca....
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....pital Gains A Short-term Capital Gains (STCG) (Sub-items 4 & 5 are not applicable for residents) 1 From sale of land or building or both (fill up details separately for each property) Short-term Capital Gains 4 3 a i Full value of consideration received/receivable ii Value of property as per stamp valuation authority Full value of consideration adopted as per section 50C for the purpose of iii Capital Gains [in case (aii) does not exceed 1.05 times (ai), take this figure as (ai), or else take (aii)] Deductions under section 48 ai aii aiii b 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 1c 1d Ñ Balance (aiii- biv) d Deduction under section 54D/ 54G/54GA (Specify details in item D below) Short-term Capital Gains on Immovable property (1c - 1d) e f In case of transfer of immovable property, please furnish the following details (see note) S.No. Name of buyer(s) PAN of buyer(s) Percentage share Amount Address of property Pin code NOTE Furnishing of PAN is mandatory, if the tax is deduced under section 19....
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....4-IA or is quoted by buyer in the documents. In case of more than one buyer, please indicate the respective percentage share and amount. 2 From slump sale a Full value of consideration b Net worth of the under taking or division c Short term capital gains from slump sale (2a-2b) 2a (5 of Form 3CEA) 2b (6(e) of Form 3CEA) From sale of equity share or unit of equity oriented Mutual Fund (MF) or unit of a business trust on which STT is paid under section 111A or 115AD(1)(ii) proviso (for FII) a Full value of consideration b Deductions under section 48 За iCost of acquisition without indexation ii Cost of Improvement without indexation bi bii iii Expenditure wholly and exclusively in connection with transfer biii iv Total (i+ii + iii) biv Ñ Balance (3a-biv) 3c d 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) 3d e |Short-term capital gain on equity share or equity oriented MF (STT paid) (3c +3d) For NON-RESIDENT, not being an FII- from sale of ....
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....shares or debentures of an Indian company (to be computed with foreign exchange adjustment under first proviso to section 48) Ale A2c A3e 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-RESIDENTS- from sale of securities (other than those at A3 above) by an FII as per section 115AD Page S6 a i b In case securities sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of unquoted shares b Fair market value of unquoted shares determined in the prescribed manner c Full value of consideration in respect of unquoted shares adopted as per section 50CA for the purpose of Capital Gains (higher of a or b) ii Full value of consideration in respect of securities other than unquoted shares iii Total (ic+ ii) Deductions under section 48 i Cost of acquisition without indexation ii Cost of improvement without indexation ia ib ic aii aiii bi bii iii Expenditure wholly and exclusively in connection with transfer iv Total (i+ii + iii) biii biv C Ba....
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....lance (5aiii- 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 securities (other than those at A3 above) by an FII (5c+5d) 6 From sale of assets other than at A1 or A2 or A3 or A4 or A5 above a i In case assets sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of unquoted shares ia b Fair market value of unquoted shares determined in the prescribed ib manner c Full value of consideration in respect of unquoted shares adopted as per section 50CA for the purpose of Capital Gains (higher of a or b) ic ii Full value of consideration in respect of assets other than unquoted shares iii Total (icii) aii aiii b Deductions under section 48 iCost of acquisition without indexation bi ii Cost of Improvement without indexation bii iii Expenditure wholly and exclusively in connection with transfer iv Total (i+ii + iii) bi....
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....ii biv 6c C d Balance (6aiii- biv) 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) e Deemed short term capital gains on depreciable assets (6 of schedule- DCG) f Deduction under section 54D/54G/54GA 6d PPO бе 6f g STCG on assets other than at A1 or A2 or A3 or A4 or A5 above (6c + 6d + 6e - 6f) 7 Amount deemed to be short-term capital gains Whether any amount of unutilized capital gain on asset transferred during the previous years shown below was deposited in the Capital Gains Accounts Scheme within due date for that year? a ☠Yes No Sl. Previous year Not applicable. If yes, then provide the details below Section under which in which asset transferred New asset acquired/constructed deduction claimed in that year Year in which asset Amount utilised out of acquired/constructed Capital Gains account Amount not used for new asset or remained unutilized in Capital gains account (X) A5e A6g i 2015-16 54D/54....
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....G/54GA b Amount deemed to be short-term capital gains u/s 54D/54G/54GA, other than at ‘a’ Total Amount deemed to be short-term capital gains u/s 54D/54G/54GA (aXi + b) 8 Pass Through Income in the nature of Short Term Capital Gain, (Fill up schedule PTI) (A8a+ A8b+ A8c) a Pass Through Income in the nature of Short Term Capital Gain, chargeable @ 15% A8a b Pass Through Income in the nature of Short Term Capital Gain, chargeable @30% A8b A7 A8 9 Ñ Pass Through Income in the nature of Short Term Capital Gain, chargeable at applicable rates A8c Amount of STCG included in A1 - A8 but not chargeable to tax or chargeable at special rates in India as per DTAA Item No. A1 to Sl. Amount of No. income A8 above in Country name Article of which & Code included DTAA (1) (2) (3) (4) (5) Rate as per Treaty (enter NIL, if not chargeable) (6) Whether TRC obtained (Y/N) Section of Rate as per I.T. Act I.T. Act Applicable rate [lower of (6) or (9)] (7) (8) (9) (10) I II Page S7 Long-term Capital Gains a Total amount of STCG not chargeable to tax in India as per DTAA b Total amount of STCG chargeable to tax at special rates in India as p....
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....er DTAA 10 Total Short-term Capital Gain (Ale+ A2c+ A3e+ A4a+ A4b+ A5e+ A6g+A7 + A8 - A9a) B Long-term capital gain (LTCG) (Sub-items 5, 6, 7, 8 & 9 are not applicable for residents) 1 From sale of land or building or both (fill up details separately for each property) a i Full value of consideration received/receivable ii Value of property as per stamp valuation authority ai aii Full value of consideration adopted as per section 50C for the purpose of iii Capital Gains [in case (aii) does not exceed 1.05 times (ai), take this figure as (ai), or else take (aii)] aiii A9a A9b A10 b Deductions under section 48 iCost of acquisition with indexation ii Cost of Improvement with indexation iii Expenditure wholly and exclusively in connection with transfer bi bii biii iv Total (bi+bii + biii) biv Ñ Balance (aiii- biv) 1c d Deduction under section 54D/54EC/54G/54GA (Specify details in item D below) 1d e Long-term Capital Gains on Immovable property (1c - 1d) f In case of transfer of immovable property, please furnish the following details (see note) S.No. Name of buyer(s) PAN of buyer(s) Percentage share Amount Address of property Pin code NOTE Furnishin....
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....g of PAN is mandatory, if the tax is deduced under section 194-IA or is quoted by buyer in the documents. In case of more than one buyer, please indicate the respective percentage share and amount. From slump sale 2 a Full value of consideration b Net worth of the under taking or division c Balance (2a - 2b) 2a (5 of Form 3CEA) 2b (6(e) of Form 3CEA) 2c 2d d Deduction u/s e Long term capital gains from slump sale (2c-2d) 3 From sale of bonds or debenture (other than capital indexed bonds issued by Government) a Full value of consideration b Deductions under section 48 iCost of acquisition without indexation ii Cost of improvement without indexation За bi bii iii Expenditure wholly and exclusively in connection with transfer biii iv Total (bi+bii +biii) biv C Balance (3a- biv) 3c 3d 4 d Deduction under sections (Specify details in item D below) e LTCG on bonds or debenture (3c- 3d) From sale of listed securities (other than a unit) or zero coupon bonds where proviso under section 112(1) is applicable a Full value of consideration 4a b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of improvement with....
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....out indexation bii iii Expenditure wholly and exclusively in connection with transfer biii iv Total (bi+bii +biii) biv C Balance (4a-biv) 4c d Deduction under sections (Specify details in item D below) 4d e Long-term Capital Gains on assets at B4 above (4c-4d) 5 From sale of equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112A a Full value of consideration b Deductions under section 48 iCost of acquisition without indexation (higher of iA and iB) 5a Ble B2e B3e B4e bi A Cost of acquisition iA B If the long term capital asset was acquired before 01.02.2018, lower of B1 and B2 Ꭵᴠ1 Fair Market Value of capital asset as per section 55(2)(ac) B1 2 Full value of consideration B2 ii Cost of improvement without indexation bii Page S8 iii Expenditure wholly and exclusively in connection with transfer iv Total deductions (bi + bii +biii) Ñ Balance (5a- biv) d Less-LTCG threshold limit as per section 112A (5c - Rs. 1 lakh) e biii biv 5c 5d 5e Deduction under sections 54F (Specify details in item D below) f Long-term Capital Gains on sale of capital assets at ....
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....B5 above (5d - 5e) B5f 6 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 6a b Deduction under sections (Specify details in item D below) 6b C LTCG on share or debenture (6a-6b) B6c For NON-RESIDENTS- from sale of, (i) unlisted securities as per sec. 112(1)(c), (ii) units referred in sec. 115AB, 7 (iii) bonds or GDR as referred in sec. 115AC, (iv) securities by FII as referred to in sec. 115AD (other than securities referred to in section 112A for which column B8 is to be filled up) a i In case securities sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of unquoted ia shares b Fair market value of unquoted shares determined in the prescribed ib manner c Full value of consideration in respect of unquoted shares adopted as per section 50CA for the purpose of Capital Gains (higher of a or b) ic ii Full value of consideration in respect of securities other than unquoted shares aii iii Total (icii) aiii b Dedu....
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....ctions 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 Ñ Balance (aiii- biv) 7c d Deduction under sections (Specify details in item D below) 7d e Long-term Capital Gains on assets at 7 above in case of NON-REESIDENT (7-7d) 8 For NON-RESIDENTS - From sale of equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112A B7e a Full value of consideration 8a b Deductions under section 48 i Cost of acquisition without indexation (higher of iA and iB) bi A Cost of acquisition iA B If the long term capital asset was acquired before 01.02.2018, lower of B1 and B2 Ꭵᴠ1 Fair Market Value of capital asset as per section 55(2)(ac) 2 Full value of consideration B1 B2 ii Cost of improvement without indexation bii iii Expenditure wholly and exclusively in connection with transfer biii iv Total deductions (bi + bii +biii) biy Ñ Balance (8a- biv) 8c d 8d Less-LTCG threshold limit as per section 112A (8c - Rs. 1 lakh....
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....) e Deduction under sections 54F (Specify details in item D below) 8e f Long-term Capital Gains on sale of capital assets at B8 above (8d - 8e) B8f 9 From sale of assets where B1 to B8 above are not applicable ai In case assets sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of unquoted shares b Fair market value of unquoted shares determined in the prescribed manner ia ib c Full value of consideration in respect of unquoted shares adopted as per section 50CA for the purpose of Capital Gains (higher of a or b) ic ii Full value of consideration in respect of assets other than unquoted shares iii Total (ic ii) 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 Page S9 Ñ Balance (aiii- biv) d Deduction under section 54D/54G/54GA (Specify details in item D below) e Long-term Capital Gains on assets at B9 above (9c-9d) 7c 7d 10 Amount deemed to be long-term capital gains Wheth....
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....er any amount of unutilized capital gain on asset transferred during the previous year shown below was a deposited in the Capital Gains Accounts Scheme within due date for that year? Yes No Not applicable. If yes, then provide the details below SI. Previous year in Section under which which asset New asset acquired/constructed Amount not used for deduction claimed in transferred that year Year in which asset acquired/constructed Amount 10tilized out of Capital Gains account new asset or remained unutilized in Capital gains account (X) i 2015-16 54/54D/54F/54G/54GA B9e b Amount deemed to be long-term capital gains, other than at 'a' Total amount deemed to be long-term capital gains (axi + b) 11 Pass Through Income in the nature of Long Term Capital Gain, (Fill up schedule PTI) (B12a + B12b) 12 a Pass Through Income in the nature of Long Term Capital Gain, chargeable @ 10% B11a b Pass Through Income in the nature of Long Term Capital Gain, chargeable @ 20% B11b Amount of LTCG included in items B1 to B8 but not chargeable to tax or chargeable at special rates in India as per DTAA B10 B11 Sl. Amount No. of income Item No. B1 to B11 above in which in....
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....cluded (1) (2) (3) Country name & Code (4) Article of DTAA (5) Rate as per Treaty (enter NIL, if not chargeable) (6) Whether TRC obtained (Y/N) Section of I.T. Act Rate as per I.T. Act Applicable rate [lower of (6) or (9)] (7) (8) (9) (10) II a Total amount of LTCG not chargeable to tax in India as per DTAA b Total amount of LTCG chargeable to tax at special rates in India as per DTAA B12a B12b 13 Total long term capital gain (Ble+ B2e+ B3e+ B4e+ B5f+ B6c+ B7e+ B8f+ B9e+ B10+ B11 - B12a) (In case of loss take the figure to 9xi of schedule CFL) B13 C C Income chargeable under the head “CAPITAL GAINS" (A10 + B13) (take B10 as nil, if loss) D Information about deduction claimed against Capital Gains 1 In case of deduction u/s 54D/54EC/54G/54GA give following details a Deduction claimed u/s 54D i Date of acquisition of original asset ai dd/mm/yyyy ii Cost of purchase/ construction of new land or building for industrial undertaking aii iii Date of purchase of new land or building aiii dd/mm/yyyy iv Amount deposited in Capital Gains Accounts Scheme before due date V Amount of deduction claimed aiv av b Deduction claimed u....
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..../s 54EC i Date of transfer of original asset bi dd/mm/yyyy ii Amount invested in specified/notified bonds bii iii Date of investment iv Amount of deduction claimed biii dd/mm/yyyy biy C Deduction claimed u/s 54G i Date of transfer of original asset from urban area ci dd/mm/yyyy ii Cost and expenses incurred for purchase or construction of new asset cii iii Date of purchase/construction of new asset in an area other than urban area ciii dd/mm/yyyy V iv Amount deposited in Capital Gains Accounts Scheme before due date Amount of deduction claimed civ CV d Deduction claimed u/s 54GA i Date of transfer of original asset from urban area di dd/mm/yyyy ii Cost and expenses incurred for purchase or construction of new asset dii iii Date of purchase/construction of new asset in SEZ diii dd/mm/yyyy iv Amount deposited in Capital Gains Accounts Scheme before due date div V Amount of deduction claimed dv e Total deduction claimed (la + 1b + 1c + 1d) le Page S10 Gain of current E Set-off of current year capital losses with current year capital gains (excluding amounts included in A7 & B9 which is chargeable under DTAA) Short term capital loss set o....
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....ff Long term capital loss set off Sl. Type of Capital Gain year (Fill this column only if computed figure is DTA Current year's capital gains remaining after set off 15% 30% applicable rate positive) A rates 10% 20% DTAA rates (9-1-2-3-4-5-6-7-8) 1 2 3 4 5 6 7 8 9 Loss to be set off (Fill this row if figure computed is negative) (A3e*+ A4a*+ A8a*) (Ale*+ (A5e+ A2c*+A4b*+ A8b*) A6g* +A7*+A8c* (B4e*+ B5f*+ (Ble*+ B7e+ B2e+B3e*+B6 A9b B12b B8f*+ B9e* Blla*) c*+B9e*+ B10*+ B11b*) ii 15% iii Short term capital gain 30% (A3e*+ A4a*+ A8a*) (A5e*+ A8b*) applicable iv rate (Ale*+ A2c*+A4b*+A6g* +A7*+A8c*) A9b V DTAA rates vi 10% (B4e*+ B5f*+ B7e*+ B8f*+ B9e* Long term capital gain Blla*) (Ble*+ B2e*+B3e*+B6c*+ vii 20% B9e*+ B10*+ Bllb*) DTAA rates B12b viii ix viii) Total loss set off (ii + iii + iv + v + vi + vii + X Loss remaining after set off (i-ix) The figures of STCG in this table (Ale* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG not chargeable to tax or chargeable at special rates as per DTAA, which is included therein, if any. The figures....
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.... of LTCG in this table (Ble* etc.) are the amounts of LTCG computed in respective column (B1-B11) as reduced by the amount of LTCG not chargeable to tax or chargeable at special rates as per DTAA, which is included therein, if any. F Information about accrual/receipt of capital gain Type of Capital gain / Date Upto 15/6 (i) 16/6 to 15/9 (ii) 16/9 to 15/12 (iii) 16/12 to 15/3 (iv) 16/3 to 31/3 (v) 1 2 3 Short-term capital gains taxable at the rate of 15% Enter value from item 5v of schedule BFLA, if any. Short-term capital gains taxable at the rate of 30% Enter value from item 5vi of schedule BFLA, if any. Short-term capital gains taxable at applicable rates Enter value from item 5vii of schedule BFLA, if any. Short-term capital gains taxable at DTAA rates Enter value from item 5viii of schedule BFLA, if any. Long-term capital gains taxable at the rate of 10% Enter value from item 5ix of schedule BFLA, if any. Long-term capital gains taxable at the rate of 20% 6 Enter value from item 5x of schedule BFLA, if any. Long-term capital gains taxable at the rate DTAA rates Enter value from item 5xi of schedule BFLA, if any. 4 5 7 Schedule OS Income from o....
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....ther sources 1 Gross income chargeable to tax at normal applicable rates (1a+ 1b+ 1c+ 1d +le) a Dividends, Gross b Interest, Gross (bi + bii + biii + biv) OTHER SOURCES la 1b i From Savings Bank bi ii From Deposits (Bank/ Post Office/ Co-operative) Society) iii From Income-tax Refund bii biii iv In the nature of Pass through income V Others biv by C Rental income from machinery, plants, buildings, etc., Gross 1c d Income of the nature referred to in section 56(2)(x) which is chargeable to tax (di + dii + diii + div + dv) 1d i Aggregate value of sum of money received without consideration di Page S11 ii In case immovable property is received without consideration, stamp duty value of property dii iii In case immovable property is received for inadequate consideration, stamp duty value of property in excess of such consideration diii iv In case any other property is received without consideration, fair market value of property div V In case any other property is received for inadequate consideration, fair market value of property in excess of such consideration dy 2 2a 2b bi bii biii biv by bvi 2c Tax benefit 2 Income chargeable a....
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....t special rates (2a+2b+ 2c+2d + 2e) C a Income by way of winnings from lotteries, crossword puzzles etc. b Income chargeable u/s 115BBE (bi + bii + biii + biv+ bv + bvi) i Cash credits u/s 68 ii Unexplained investments u/s 69 iii Unexplained money etc. u/s 69A iv Undisclosed investments etc. u/s 69B v Unexplained expenditure etc. u/s 69C vi Amount borrowed or repaid on hundi u/s 69D Accumulated balance of recognised provident fund taxable u/s 111 S.No. Income benefit (i) Assessment Year (ii) (iii) d Any other income chargeable at special rate (total of di to dxix) Dividends received by non-resident (not being company) or di foreign company chargeable u/s 115A(1)(a)(i) Interest received from Government or Indian concern on dii foreign currency debts chargeable u/s 115A(1)(a)(ii) i ii iii Interest received from Infrastructure Debt Fund chargeable diii u/s 115A(1)(a)(iia) Interest referred to in section 194LC iv chargeable u/s div 115A(1)(a)(iiaa) V Interest referred to in section 194LD 115A(1)(a)(iiab) - chargeable u/s dv vi Distributed income being interest referred to in section dvi |194LBA - chargeable u/s 115A(1)(a)(iiac) Income from units o....
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....f UTI or other Mutual Funds specified in dvii vii section 10(23D), purchased in Foreign Currency - chargeable u/s 115A(1)(a)(iii) Income from royalty or fees for technical services received dviii viii from Government or Indian concern chargeable u/s 115A(1)(b) - Income by way of interest or dividends from bonds or GDRs dix ix purchased in foreign currency by non-residents - chargeable u/s 115AC X Income by way of dividends from GDRs purchased in foreign dx currency by residents - chargeable u/s 115ACA Income (other than dividend) received by an FII in respect of dxi xi securities (other than units referred to in section 115AB) chargeable u/s 115AD(1)(i) Income by way of interest received by an FII on bonds or dxii xii Government securities referred to in section 194LD chargeable as per proviso to section 115AD(1)(i) Tax on non-residents sportsmen or sports chargeable u/s 115BBA xiii associations dxiii xiv Anonymous Donations in certain cases chargeable u/s 115BBC dxiv Income by way of dividend received by specified assessee, being dxv XV resident, from domestic company exceeding rupees ten lakh chargeable u/s 115BBDA xvi Income by way of royalty from pat....
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....ent developed and registered dxvi in India - chargeable u/s 115BBF xvii Income by way of transfer of carbon credits 115BBG - chargeable u/sdxvii xviii Investment Income of a Non-Resident Indian-chargeable u/s dviii 115E xix Any other income (Please specify) dxix (iv) 2d e Pass through income in the nature of income from other sources chargeable at special rates (drop down to be provided) 2e f Amount of Item No.2a Country income to 2e in name & Article of DTAA Amount included in 1 and 2 above, which is chargeable at special rates in India as per DTAA (total of column (2) of table below) Sl. No. 2f Rate as per Treaty which Code Whether Section of TRC I.T. Act obtained Rate as Applicable per I.T. rate [lower Act of (6) or (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) I II Page S12 NOTEâ–¶ 3 Deductions under section 57 (other than those relating to income chargeable at special rates under 2a, 2b & 2d) a Expenses/Deductions b Depreciation Ñ Total 4 Amounts not deductible u/s 58 5 Profits chargeable to tax u/s 59 За 3b 3c 4 5 6 Net Income from other sources chargeable at normal applicable rates (1 − 3+ 4+ 5....
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....) (If negative take the figure to 4i of schedule CYLA) 6 7 Income from other sources (other than from owning and maintaining race horses) (2 +6 )) (enter 6 as nil, if negative) 8 Income from the activity of owning race horses a Receipts 8a b Deductions under section 57 in relation to receipts at 8a only 8b Amounts not deductible u/s 58 8c 8d d Profits chargeable to tax u/s 59 e Balance (8a-8b+ 8c + 8d) (if negative take the figure to 10xi of Schedule CFL) 9 Income under the head “Income from other sources" (7+8e) (take 8e e as nil if negative) 10 Information about accrual/receipt of income from Other Sources S. Other Source Income Upto 15/6 No. (i) From 16/6 to 15/9 (ii) From 16/9 to From 16/12 to From 16/3 to 15/12 (iii) 15/3 (iv) 31/3 (v) Dividend Income u/s 1 115BBDA 8e 9 7 Income by way winnings of from lotteries, crossword 2 puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix) Please include the income of the specified persons (spouse, minor child etc.) referred to in Schedule SPI while computing the income under this head. Schedule CYLA Sl.No Details of Income after Set off of current year losse....
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....s Head/Source of Income Income of current year (Fill this column only if income is zero or House property loss of the current year set off CURRENT YEAR LOSS ADJUSTMENT Loss to be set off positive) 1 2 Business Loss (other than speculation or specified business loss) of the current year set off 3 Other sources loss (other than loss from race horses and amount chargeable to special rate of tax) of the current year set off 4 Current year's Income remaining after set off 5-1-2-3-4 i (Fill this row only, if computed figure is negative) (4 of Schedule -HP) (2v of item E of Schedule BP) ii iii iv House property Business (excluding speculation income and income from specified business) Profit and gains from life insurance business u/s 115B V Speculation income (4 of Schedule HP) (A39 of Schedule BP) (3iv of item E of Sch. BP) (3ii of item E of Sch. BP) vi Specified business income u/s 35AD vii viii ix X xi xii xiii Short-term capital gain taxable @ 15% Short-term capital gain taxable @ 30% Short-term capital gain taxable at applicable rates Short-term capital gain taxable at |special rates in India as per DTAA Long term cap....
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....ital gain taxable @ 10% Long term capital gain taxable @ 20% Long term capital gains taxable at special rates in India as per DTAA (3iii of item E of Sch. BP) (9ii of item E of schedule CG) (9iii of item E of schedule CG) (9iv of item E of schedule CG) (9v of item E of schedule CG) (9vi of item E of schedule CG) (9vii of item E of schedule CG) (9viii of item E of schedule CG) (6 of Schedule-OS) Page S13 Net income from other sources xiv chargeable at normal applicable XV rates Profit from the activity of owning and maintaining race horses (6 of schedule OS) (8e of schedule OS) xvi Income from other sources taxable at special rates in India as per DTAA (2f of schedule OS) xvii Total loss set off xviii Loss remaining after set-off (i - xv) Schedule BFLA SI. No. BROUGHT FORWARD LOSS ADJUSTMENT Details of Income after Set off of Brought Forward Losses of earlier years Head/Source of Income House property Business (excluding speculation Income after set off, if any, of current year's losses as per 5 of Schedule CYLA) 1 (5ii of schedule CYLA) i ii income and income from specified business) (5iii of schedule CYLA) iii Profit and gain....
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....s from life insurance business u/s 115B iv Speculation Income > (5iv of schedule CYLA) (5v of schedule CYLA) (5vi of schedule CYLA) vi Specified Business Income Short-term capital gain taxable @ 15% vii Short-term capital gain taxable @ (5viii of schedule CYLA) viii ix ☑ xi xii 30% Short-term capital gain taxable at applicable rates Short-term capital gain taxable at special rates in India as per DTAA Long-term capital gain taxable @ 10% Long term capital gain taxable @ 20% Long term capital gains taxable at special rates in India as per DTAA Net income from other sources (5vii of schedule CYLA) (5ix of schedule CYLA) (5x of schedule CYLA) (5xi of schedule CYLA) (5xii of schedule CYLA) (5xiii of schedule CYLA) xiii chargeable at normal applicable (5xiv of schedule CYLA) xiv XV rates Profit from owning and maintaining race horses Income from other sources income taxable at special rates in India as per DTAA xvi Total of brought forward loss set off xvii Brought forward loss set off Brought forward depreciation set off Brought forward 2 (B/f house property loss) (B/f business loss, other than speculation or specified bus....
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....iness loss) (B/f business loss, other than speculation or specified business loss) (B/f normal business or speculation loss) (B/f normal business or specified business loss) (B/f short-term capital loss) (B/f short-term capital loss) (B/f short-term capital loss) (B/f short-term capital loss) (B/f short-term or long- term capital loss) (B/f short-term or long- term capital loss) (B/f short-term or long- term capital loss) (5xv of schedule CYLA) (B/f loss from horse races) (5xvi of schedule CYLA) 3 allowance under section 35(4) set off 4 Current year's income remaining after set off 5 Current year's income remaining after set off Total of 5i + 5ii + 5iii + 5iv+ 5v+5vi + 5vii + 5viii+5ix +5x+5xi +5xii+5xiii+ 5xiv +5xv) Schedule CFL Details of Losses to be carried forward to future years SI. Assessment Year No. Date of Filing House property loss (DD/MM/ YYYY) Loss from business other than loss from speculative business and specified Loss from Loss from speculative specified business business Short-term capital loss Long-term Capital loss Loss from owning and maintaining race horses CARRY FORWARD OF LOSS business 1 2 3 ....
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.... 4 5 6 7 8 9 10 i 2011-12 ii 2012-13 iii 2013-14 iv 2014-15 > 2015-16 vi 2016-17 vii 2017-18 viii 2018-19 Page S14 ☠ix Total of earlier year X Adjustment of above losses in Schedule BFLA 2019-20 (Current year xi losses to be carried (2i of schedule (2ii of schedule BFLA) BFLA) (3xviii of (2iii of schedule BFLA) (B44 of (2xviii of schedule CYLA) schedule CYLA) schedule BP, if-ve) (2iv of schedule BFLA) (C50 of schedule BP, if-ve) (2x+3x+4x+5x) of 6x+7x+8x) of item E of schedule item E of CG) schedule CG) (2xiv of schedule BFLA) (8e of schedule OS, if-ve) forward) xii Total loss Carried forward to future years Schedule UD Unabsorbed depreciation and allowance under section 35(4) SI No Assessment Year Depreciation Amount of brought Amount of depreciation | Balance carried forward unabsorbed set-off against the current forward to the depreciation next year Amount of brought forward unabsorbed Amount of allowance year income allowance set-off against the current year income Allowance under section 35(4) Balance Carried forward to the next year (1) (2) (3) (4) (5) (6) (7) (8) Current Assessment i Ye....
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....ar ii iii iv Total (3xvi of BFLA) (4xvi of BFLA) Schedule ICDS Effect of Income Computation Disclosure Standards on profit Sl. No. (i) ICDS (ii) I Accounting Policies Valuation of Inventories (other than the effect of change in method of valuation u/s 145A, if the same II is separately reported at col. 4d or 4e of Part A-OI) III Construction Contracts IV Revenue Recognition V Tangible Fixed Assets VI Changes in Foreign Exchange Rates VII VIII Government Grants Securities (other than the effect of change in method of valuation u/s 145A, if the same is separately reported at col. 4d or 4e of Part A-OI) IX Borrowing Costs X Provisions, Contingent Liabilities and Contingent Assets 11a. 11b. Total effect of ICDS adjustments on profit (I+II+III+IV+V+VI+VII+VIII+IX+X) (if positive) Total effect of ICDS adjustments on profit (I+II+III+IV+V+VI+VII+VIII+IX+X) (if negative) Schedule 10AA Deduction under section 10AA Deductions in respect of units located in Special Economic Zone DEDUCTION U/S 10AA SI Amount of deduction Assessment year in which unit begins to manufacture/produce/provide services SI Undertaking a Undertaking No.1 b Undertaking ....
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....No.2 Total deduction under section 10AA (a + b) Schedule 80G DETAILS OF DONATIONS (item 17 of Annexure A of Form a b 56F for Undertaking 1) (item 17 of Annexure A of Form 56F for Undertaking 2) C Details of donations entitled for deduction under section 80G A Donations entitled for 100% deduction without qualifying limit Name and address of donee i ii iii Total iv PAN of Donee Amount of donation Donation Donation in Total in cash other mode Donation Amount (+) or (-) (iii) Eligible Amount of donation Page S15 B Donations entitled for 50% deduction without qualifying limit Name and address of donee i ii iii iv Total C Donations entitled for 100% deduction subject to qualifying limit Name and address of donee i ii iii iv Total D Donations entitled for 50% deduction subject to qualifying limit Name and address of donee i ii iii PAN of Donee PAN of Donee PAN of Donee iv Total E Total donations (Aiv + Biv + Civ + Div) Schedule 80GGA Details of donations for scientific research or rural development Amount of donation Donation Donation in Total in cash other mode Donation Eligible Amount of donation Amount of donation Donation ....
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....Donation in Total in cash other mode Donation Eligible Amount of donation Amount of donation Donation Donation in Total in cash other mode Donation Eligible Amount of donation S. No. Relevant clause under which |deduction is claimed (drop down to be provided) Name and address of donee PAN of Donee Amount of donation Donation in Donation in Total cash other mode Donation i ii Total donation Eligible Amount of donation Schedule RA Details of donations to research associations etc. [deduction under sections 35(1)(ii) or 35(1)(iia) or 35(1)(iii) or 35(2AA)] Name and address of donee PAN of Donee Amount of donation Donation in Donation in Total cash other mode Donation Eligible Amount of donation i ii Total iii Schedule 80-IA DEDUCTION U/S 80-IA a Deductions under section 80-IA Deduction in respect of profits of an enterprise referred to in section 80-IA(4)(i) [Infrastructure facility] Deduction in respect of profits of an undertaking b referred to in section 80-IA(4)(ii) [Telecommunication services] Deduction in respect of profits of an undertaking c referred to in section 80-IA(4)(iii) [Industrial park and SEZs] d Deduction in respect ....
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....of profits of an undertaking referred to in section 80-IA(4)(iv) [Power] Deduction in respect of profits of an undertaking referred to in section 80-IA(4)(v) [Revival of power e generating plant] and deduction in respect of profits of an undertaking referred to in section 80-IA(4)(vi) [Cross- country natural gas distribution network] f al Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) a2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) b1 Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) b2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) c1 | Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) c2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) d1 Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) d2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) el Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) e2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) Total deductions under section 80-IA (a1 + a2+ b1 + b2 + c1 + c2+ d1 + d2+ e1 + e2) Page S16 DEDUCTION U/S 80-IC Schedule 80-IB Deductions under section 80-IB a Deduction in respect of industrial ....
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....undertaking located in Jammu| & Kashmir [Section 80-IB(4)] al a2 Deduction in respect of industrial undertaking located in b1 b industrially backward states specified in Eighth Schedule [Section 80-IB(4)] b2 Ñ Deduction in respect of industrial undertaking located in industrially backward districts [Section 80-IB(5)] cl c2 d1 d Deduction in the case of multiplex theatre [Section 80-IB(7A)] d2 Undertaking no. 2 el Undertaking no. 1 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (10(v) of Form 10CCBA of the undertaking) undertaking) undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (10(v) of Form 10CCBA of the (10(v) of Form 10CCBB of the e Deduction in the case of convention centre [Section 80-IB(7B)] e2 Undertaking no. 2 (10(v) of Form 10CCBB of the undertaking) f Deduction in the case of company carrying on scientific research [Section 80-IB(8A)] f1 f2 g Deduction....
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.... in the case of undertaking which begins commercial production or refining of mineral oil [Section 80-IB(9)] g1 g2 h Deduction in the case of an undertaking developing and building housing projects [Section 80-IB(10)] h1 i Deduction in the case of an undertaking operating a cold chain facility [Section 80-IB(11)] h2 il i2 Deduction in the case of an undertaking engaged in processing, j preservation and packaging of fruits, vegetables, meat, meat products, poultry, marine or dairy products [Section 80-IB(11A)] Deduction in the case of an undertaking engaged in integrated k business of handling, storage and transportation of food grains [Section 80-IB(11A)] j1 j2 k1 k2 I Deduction in the case of an undertaking engaged in operating and maintaining a rural hospital [Section 80-IB(11B)] Deduction in the case of an undertaking engaged in operating m and maintaining a hospital in any area, other than excluded area [Section 80-IB(11C) 11 12 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking ....
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....no. 1 Undertaking no. 2 Undertaking no. 1 (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (11(v) of From 10CCBC) (11(v) of From 10CCBC) m1 Undertaking no. 1 (11(d) of From 10CCBD) m2 Undertaking no. 2 (11(d) of From 10CCBD) n n Total deduction under section 80-IB (Total of al to m2) Schedule 80-IC or 80-IE Deductions under section 80-IC or 80-IE al Undertaking no. 1 (30 of Form 10CCB of the undertaking) a Deduction in respect of undertaking located in Sikkim a2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) b1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) b Deduction in respect of undertaking located in Himachal Pradesh b2 cl Undertaking no. 2 Undertaking no. 1 (30 of Form 10CCB of the undertaking) (30 of Form 10CCB....
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.... of the undertaking) c Deduction in respect of undertaking located in Uttaranchal c1 Undertaking no. 2 (30 of Form 10CCB of the undertaking) d Deduction in respect of undertaking located in North-East dal da Assam db Arunachal Pradesh da2 db1 db2 dc1 de Manipur dc2 dd1 dd Mizoram de Meghalaya dd2 del de2 df1 df Nagaland df2 dg1 dg Tripura dg2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 Undertaking no. 1 Undertaking no. 2 (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) (30 of Form 10CCB of the undertaking) dh Total ded....
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....uction for undertakings located in North-east (total of dal to dg2) e Total deduction under section 80-IC or 80-IE (a+d+c+dh) dh e Page S17 Schedule VI-A 1 Deductions under Chapter VI-A Part B- Deduction in respect of certain payments a 80G C 80GGA Total Deduction under Part B (a+b+c+d) 2 Part C-Deduction in respect of certain incomes b 80GGB d 80GGC 1 TOTAL DEDUCTIONS e 80-IA (f of Schedule 80-IA) f 80-IAB g 80-IAC h 80-IB (n of Schedule 80-IB) i 80-IBA j 80-IC/80-IE (e of Schedule 80-IC/80-IE) k 80JJA 80JJAA (10 of Annexure to Form 10DA) m 80LA (9 of Annexure to Form 10CCF) Total Deduction under Part C (total of e to m) 2 3 3 Total deductions under Chapter VI-A (1+2) Schedule SI SI No Income chargeable to tax at special rates [Please see instruction Number-7(ii) for section and rate of tax] Section/Description ☑ Special rate (%) 1 |111A (STCG on shares/equity oriented MF on which STT paid) 2 115AD (STCG for FIIs on securities where STT not paid) 3 112 proviso (LTCG on listed securities/ units without indexation) ☠☠☠15 Income (i) (5v of schedule BFLA) 330 (part of 5vii of schedule BFLA) (part of 5xof sc....
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....hedule BFLA) 4 112(1)(c)(iii) (LTCG for non-resident on unlisted securities) ☠10 (part of 5x of schedule BFLA) 5 115AB (LTCG for non-resident on units referred in section115AB) ☠10 (part of 5x of schedule BFLA) 6 115AC (LTCG for non-resident on bonds/GDR) 7 115AD (LTCG for FII on securities) ☠☠☠10 (part of 5x of schedule BFLA) 10 (part of 5x of schedule BFLA) 20 (5xi of schedule BFLA) ã… 10 ☠SPECIAL RATE ☠ப ☠☠☠☠12.50 10 30 15 60 25 (B5f and B8f of schedule CG) (part of 5ix of schedule BFLA) (part of 5xii of schedule BFLA) (part of 4b of schedule BP) (part of 1fii of schedule OS) (2a of schedule OS) (part of 2dxvi of schedule OS) (2b of schedule OS) (part of 2dviii of schedule OS) (3d of schedule BP) â˜ â˜ ã… 10 ã… 10 (2dxvi of schedule OS) 8 112 (LTCG on others) 9 112A (LTCG on sale of shares or units on which STT is paid) 10 STCG chargeable at special rates in India as per DTAA 11 LTCG Chargeable at special rates in India as per DTAA 12 115B (Profits and gains of life insurance business) 13 115AC (Income of a non-resident from bonds....
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.... or GDR purchased in foreign currency) 14 115BB (Winnings from lotteries, puzzles, races, games etc.) 15 115BBD (Dividend received from specified foreign company) 16 115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D) 17 115A(1)(b) (Income of a foreign company from Royalty) 18 115BBF (Tax on income from patent) a Income under head business or profession b Income under head other sources 19 115BBG (Tax on income from transfer of carbon credits) a Income under head business or profession b Income under head other sources 20 Income from other sources chargeable at special rates in India as per DTAA 21 Pass Through Income in the nature of Short Term Capital Gain chargeable @ 15% â˜ â˜ â˜ ã… 10 ã… 10 (8e of schedule BP) (2dxvii of schedule OS) (part of 2f of schedule OS) (part of 5vi of schedule BFLA) 22 22 Pass Through Income in the nature of Short Term Capital Gain chargeable @30% ã… (part of 5vii of schedule BFLA) 23 Pass Through Income in the nature of Long Term Capital Gain chargeable ã… @ 10% (part of 5x of schedule BFLA) 24 Pass Through Income in the nature of Long Term Capital Gain chargeable ã… @ 2....
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....0% (part of 5xi of schedule BFLA) 25 Pass through income in the nature of income from other source chargeable ã… at special rates (2e of schedule OS) Total Tax thereon (ii) Page S18 Schedule EI Details of Exempt Income (Income not to be included in Total Income or not chargeable to tax) 1 Interest income 1 2 2 Dividend income EXEMPT INCOME 3 i Gross Agricultural receipts (other than income to be excluded under rule 7A, 7B or 8 of I.T. Rules) i ii Expenditure incurred on agriculture iii Unabsorbed agricultural loss of previous eight assessment years ii iii iv Agricultural income portion relating to Rule 7, 7A, 7B(1), 7B(1A) and 8 (from Sl. No. 40 of Sch. BP) iv V Net Agricultural income for the year (i - ii - iii + iv) (enter nil if loss) vi In case the net agricultural income for the year exceeds Rs.5 lakh, please furnish the following details (Fill up details separately for each agricultural land) a Name of district along with pin code in which agricultural land is located b Measurement of agricultural land in Acre c Whether the agricultural land is owned or held on lease (drop down to be provided) d Whether the agricultural land is irri....
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....gated or rain-fed (drop down to be provided) 4 Other exempt income including exempt income of minor child (please specify) 5 Income not chargeable to tax as per DTAA Sl. No. Amount of income Nature of income Country name & Code Article of DTAA Head of Income Whether TRC obtained (Y/N) 3 4 6 7 Amount of income TDS on such amount, if any investment fund PASS THROUGH INCOME 6 Pass through income not chargeable to tax (Schedule PTI) 7 Total (1+2+3+4+5+6) Schedule PTI SI. 1. Pass Through Income details from business trust or investment fund as per section 115UA, 115UB Name of business trust/ PAN of the business trust/investment fund SI. Head of income i House property ii a b iii iv i ii a b iii Capital Gains Short term Long term Other Sources Income claimed to be exempt a u/s 10(23FBB) b u/s …….. C u/s House property Capital Gains Short term Long term Other Sources iv Income claimed to be exempt a u/s 10(23FBB) b u/s .............. Ñ u/s... NOTE â–¶ Please refer to the instructions for filling out this schedule. ã… â˜ Schedule MAT MINIMUM ALTERNATE TAX 1 2 Computation of Minimum Alt....
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....ernate Tax payable under section 115JB Whether the Profit and Loss Account is prepared in accordance with the provisions of Parts II of Schedule III to the Companies Act, 2013 (If yes, write 'Y', if no write 'N') If 1 is no, whether profit and loss account is prepared in accordance with the provisions of the Act governing such company (If yes, write ‘Y', if no write 'N') Whether, for the Profit and Loss Account referred to in item 1 above, the same accounting policies, accounting standards and same method 3 and rates for calculating depreciation have been followed as have been adopted for preparing accounts laid before the company at its annual general body meeting? (If yes, write ‘Y', if no write 'N') Profit after tax as shown in the Profit and Loss Account (enter item 56 of Part A-P&L) )/ (enter item 56 of Part A- P&L Ind AS) (as applicable) 4 5 Additions (if debited in profit and loss account) Income-tax paid or payable or its provision -including the a 5a amount of deferred tax and the provision thereof b Reserve (except reserve under section 33AC) 5b Ñ Provisions for unascertained liability 5c 4 ã… Page S19 d Provisions for losses o....
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....f subsidiary companies e Dividend paid or proposed 5d 5e f Expenditure related to exempt income under sections 10, 11 or 12 [exempt income excludes income exempt under section 5f 10(38)] g Expenditure related to share in income of AOP/BOI on which no income-tax is payable as per section 86 5g h Expenditure in case of foreign company referred to in clause|| (fb) of explanation 1 to section 115JB 5h i Notional loss on transfer of certain capital assets or units referred to in clause (fc) of explanation 1 to section 115JB 5i j Expenditure relatable to income by way of royalty in respect of patent chargeable to tax u/s 115BBF 5j k Depreciation attributable to revaluation of assets 5k 1 Gain on transfer of units referred to in clause (k) of explanation 1 to section 115JB 51 m Others (including residual unadjusted items and provision for diminution in the value of any asset) 5m 6 n Total additions (5a+5b+5c+5d+5e+5f+5g+5h+5i+5j+5k+51+5m) Deductions a Amount withdrawn from reserve or provisions if credited to 6a Profit and Loss account b Income exempt under sections 10, 11 or 12 [exempt income 6b excludes income exempt under section 10(38)] Ñ Amou....
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....nt withdrawn from revaluation reserve and credited 6c to profit and loss account to the extent it does not exceed the amount of depreciation attributable to revaluation of asset d Share in income of AOP/ BOI on which no income-tax is 6d payable as per section 86 credited to Profit and Loss account e Income in case of foreign company referred to in clause 6e (iid) of explanation 1 to section 115JB f Notional gain on transfer of certain capital assets or units 6f referred to in clause (iie) of explanation 1 to section 115JB g Loss on transfer of units referred to in clause (iif) of 6g explanation 1 to section 115JB h Income by way of royalty referred to in clause (iig) of 6h explanation 1 to section 115JB i Loss brought forward or unabsorbed depreciation 6i whichever is less or both as may be applicable j Profit of sick industrial company till net worth is equal to or 6j exceeds accumulated losses k Others (including residual unadjusted items and the amount of 6k deferred tax credited to P&L A/c) 1 Total deductions (6a+6b+6c+6d+6e+6f+6g+6h+6i+6j+6k) 7 Book profit under section 115JB (4+ 5n – 61) Whether the financial statements of the company are drawn ....
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....up in compliance to the Indian Accounting 8 Standards (Ind-AS) specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015. If yes, furnish the details below:- A. Additions to book profit under sub-sections (2A) to (2C) of section 115JB 5n 61 7 ☠Yes ☠No a Amounts credited to other comprehensive income in statement of profit & loss under the head "items that will not be reclassified to profit & loss†8a b Amounts debited to the statement of profit & loss on distribution of non-cash assets to shareholders in a demerger 8b c One fifth of the transition amount as referred to in section 115JB (2C) (if applicable) d Others (including residual adjustment) e Total additions (8a+ 8b + 8c + 8d) B. Deductions from book profit under sub-sections (2A) to (2C) of section 115JB 8c 8d 8e f Amounts debited to other comprehensive income in statement of profit & loss under the head "items that will not be reclassified to profit & loss†8f g Amounts credited to the statement of profit & loss on distribution of non-cash assets to shareholders in a demerger 8g h One fifth of the transition amount as referred to in section 115JB....
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.... (2C) (if applicable) 8h i Others (including residual adjustment) 8i j Total deductions (8f+ 8g + 8h + 8i) 9 Deemed total income under section 115JB (7 + 8e-8j) 10 Tax payable under section 115JB 8j 9 10 Page S20 MAT CREDIT Schedule MATC 1 Computation of tax credit under section 115JAA Tax under section 115JB in assessment year 2019-20 (1d of Part-B-TTI) 2 Tax under other provisions of the Act in assessment year 2019-20 (2f of Part-B-TTI) 1 3 Amount of tax against which credit is available [enter (2-1) if 2 is greater than 1, otherwise enter 0] 2 3 4 Utilisation of MAT credit Available [Sum of MAT credit utilised during the current year is subject to maximum of amount mentioned in 3 above and cannot exceed the sum of MAT Credit Brought Forward] S.No Assessment Year (A) Gross (B1) MAT Credit Set-off in earlier years Balance Brought (B2) forward (B3)=(B2)-(B1) MAT Credit Utilised during the Current Year (C) Balance MAT Credit Carried Forward (D)= (B3) - (C) i 2008-09 ii 2009-10 iii 2010-11 iv 2011-12 V 2012-13 vi 2013-14 vii 2014-15 viii 2015-16 ix 2016-17 X 2017-18 xi 2018-19 xi 2019-20 (enter 1 -2, if 1>2 else enter 0) xii T....
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....otal 5 Amount of tax credit under section 115JAA utilised during the year [enter 4(C)xiii] 5 6 Amount of MAT liability available for credit in subsequent assessment years [enter 4(D)xiii] 6 Schedule- DDT SI (i) Description (ii) Details of tax on distributed profits of domestic companies and its payment Details of 1st dividend (iii) Details of 2nd dividend (iv) Details of 3rd dividend (v) 1 Section Under which dividend is being declared 2 Date of declaration or distribution or payment, whichever is earliest, of dividend by domestic company (DD/MM/YYYY) (DD/MM/YYYY) (DD/MM/YYYY) 3 Rate of dividend, declared, distributed or paid 4 Amount of dividend declared, distributed or paid 5 Amount of reduction as per section 115-0(1A) DIVIDEND DISTRIBUTION TAX declared, 6 distributed or paid Ñ Health & Education cess on (a+b) d Total tax payable (a+b+c) Tax Additional income-tax @15% or 30% as payable a applicable payable under section 115-0 on dividend on (4-5) b Surcharge on 'a' 7 8 Interest payable under section 115P Additional income-tax and interest payable (6d+7) 9 Tax and interest paid Net payable/refundable (8-9) 10 11 Date(s) ....
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....of deposit of dividend distribution tax Date 1 (DD/MM/ YYYY) Date 2 (DD/MM/ YYYY) Date 1 (DD/MM/ YYYY) Date 2 (DD/MM/ YYYY) Date 1 (DD/MM/ YYYY) Date 2 (DD/MM/ YYYY) 12 Name of Bank and Branch 13 BSR Code 14 Serial number of challan 15 Amount deposited Schedule- BBS Details of tax on distributed income of a domestic company on buy back of shares, not listed on stock exchange Details of 2nd buy- SI TAX ON BUY (i) Description (ii) Details of 1st buy-back back (iii) 1 Date of payments of any consideration to the shareholder on buy back of share (DD/MM/YYYY) (iv) (DD/MM/YYYY) Details of 3rd buy- back (v) (DD/MM/YYYY) 2 Amount of consideration paid by the company on buy-back of shares 3 Amount received by the company for issue of such shares Page S21 4 a Distributed Income of the company (2-3) Additional income-tax @20% payable under section 115QA on 4 Tax payable on distributed b Surcharge on 'a' 5 income Ñ Health & Education cess on (a+b) d Total tax payable (a+b+c) 6 7 Interest payable under section 115QB Additional income-tax and interest payable (5d+6) 8 Tax and interest paid 9 Net payable/refundable (7-8....
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....) Date(s) of deposit of tax on distribution income 10 Date 1 (DD/MM/ YYYY) Date 2 (DD/MM/ YYYY) Date 1 (DD/MM/ YYYY) Date 2 (DD/MM/ YYYY) Date 1 (DD/MM/ YYYY) Date 2 (DD/MM/ YYYY) 11 Name of Bank and Branch 12 BSR Code 13 Serial number of challan 14 Amount deposited Schedule FSI Sl. Country Taxpayer Code SI. Head of income Identification Number Details of Income from outside India and tax relief Income from outside (a) India (included in PART B- Tax paid outside India TI) (b) Tax payable on such income under normal provisions in India Tax relief available Relevant article of in India (e)= (c) or (d) whichever is lower DTAA if relief claimed u/s 90 or 90A (d) (f) INCOME FROM OUTSIDE INDIA AND TAX RELIEF i House Property ii Business or Profession iii Capital Gains iv Other sources Total i House Property ii Business or Profession iii Capital Gains iv Other sources Total NOTE â–º Schedule TR Please refer to the instructions for filling out this schedule. Summary of tax relief claimed for taxes paid outside India 1 Details of Tax relief claimed Country Code Taxpayer Identification Number Total taxes pa....
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....id outside India (total of (c) of Schedule FSI in respect of each country) TAX RELIEF FOR TAX PAID OUTSIDE INDIA (a) (b) (c) Total tax relief available (total of (e) of Schedule FSI in respect of each country) Section under which relief claimed (specify 90, 90A or 91) (e) Total 2 4 Total Tax relief available in respect of country where DTAA is applicable (section 90/90A) (Part of total of 1(d)) 3 Total Tax relief available in respect of country where DTAA is not applicable (section 91) (Part of total of 1(d)) Whether any tax paid outside India, on which tax relief was allowed in India, has been refunded/credited by the foreign tax authority during the year? If yes, provide the details below 2 3 4 Yes/No a Amount of tax refunded b Assessment year in which tax relief allowed in India NOTEâ–¶ Please refer to the instructions for filling out this schedule. Page S22 DETAILS OF FOREIGN ASSETS name Schedule FA Details of Foreign Assets and Income from any source outside India A1 Details of Foreign Depository Accounts held (including any beneficial interest) at any time during the relevant accounting period) Country SI No Country code Name of Addr....
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....ess of ZIP code financial financial Account number Status Account opening date institution institution Peak balance during the period Closing balance Gross interest paid/credited to the account during the period (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) A2 Details of Foreign Custodial Accounts held (including any beneficial interest) at any time during the relevant accounting period SI No Country Country name code Name of Address of financial institution financial institution Peak ZIP Account Status Account code number opening date balance during the period Closing balance Gross amount paid/credited to the account during the period (drop down to be provided specifying nature of amount viz. interest/dividend/proceeds from sale or redemption of financial assets/ other income) (12) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) (1) (2) (3) (4) (5) (6) (7) Total gross A3 Details of Foreign Equity and Debt Interest held (including any beneficial interest) in any entity at any time during the relevant accounting period Sl No Country Country Name of Address of ZIP Nature of Date....
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.... of Initial Peak value Closing entity name code entity entity code amount paid/credited with respect to the holding during the period (12) Total gross proceeds from sale or redemption of investment during the period (13) nt acquiring value of of the the investment interest investme during the period value (8) (9) (10) (11) (i) (ii) A4 Details of Foreign Cash Value Insurance Contract or Annuity Contract held (including any beneficial interest) at any time during the relevant accounting period Sl No Country Country Address of ZIP code Date of contract Name of financial name code institution in which insurance contract held financial institution (1) (2) (3) (4) (5) (6) (7) (i) (ii) B The cash value or surrender value of the contract (8) Total gross amount paid/credited with respect to the contract during the period (9) Nature of Interest- Date Total since held Investment owner/ Beneficiary (at cost) (in rupees) Details of Financial Interest in any Entity held (including any beneficial interest) at any time during the relevant accounting period Sl No Country Nature of Name and Name entity and code Address of ....
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....the Entity Direct/ Beneficial Income Nature of Income Income taxable and offered in this return Amount Schedule Item number of where offered schedule accrued from such Interest (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) Income taxable and offered in this return Details of Immovable Property held (including any beneficial interest) at any time during the relevant accounting period Country Address of Ownership- Date of Total Investment Income Nature of derived from Income the property C Sl No Name and the Property code Direct/ acquisition Beneficial (at cost) (in rupees) Amount Schedule where offered Item number of schedule owner/ Beneficiary (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) Details of any other Capital Asset held (including any beneficial interest) at any time during the relevant accounting period Country Nature of Ownership- Date of ᎠSl No Name and code Asset Direct/ Beneficial Total Investment acquisition (at cost) (in rupees) Income derived from the asset Nature of Income Income taxable and offered in this return Amount Schedule where offered Item number o....
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....f schedule owner/ Beneficiary (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (i) Page S23 (ii) E SI Name of the Address of Name of the Account Peak Balance/ No Institution in which the the Institution account holder Number Investment during the year Details of account(s) in which you have signing authority held (including any beneficial interest) at any time during the relevant accounting period and which has not been included in A to D above. Whether income accrued If (7) is yes, If (7) is yes, Income offered in this return Amount Item number of account is held (in rupees) (1) (2) (3) (4) (5) (6) is taxable in your hands? (7) Income accrued in the account Schedule where offered schedule (8) (9) (10) (11) (i) (ii) F SI Name and No Name and code address of the trust address of trustees Name and address of Settlor Name and Date address of since Beneficiaries position held Details of trusts, created under the laws of a country outside India, in which you are a trustee, beneficiary or settlor Country Name and If (8) is yes, If (8) is yes, Income offered in this return Amount Item number of Whether in....
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....come derived is taxable in (1) (2) (3) (4) (5) (6) (7) your hands? (8) Income derived from the trust Schedule where offered schedule (9) (10) (11) (12) (i) (ii) G SI Country Name No and code Name and address of the person from whom derived Income derived Nature of income Details of any other income derived from any source outside India which is not included in,- (i) items A to F above and, (ii) income under the head business or profession If (6) is yes, Income offered in this return Amount Whether taxable in your hands? Schedule where offered (1) (2) (3) (4) (5) (6) (7) (8) Item number of schedule (9) (i) NOTE Please refer to instructions for filling out this schedule SCHEDULE SH-1 SHAREHOLDING OF UNLISTED COMPANY (other than a start-up for which Schedule SH-2 is to be filled up) If you are an unlisted company, please furnish the following details;- Details of shareholding at the end of the previous year Name of the shareholder Residential status in India Type of share PAN Date of allotment Number of shares held Face value per share Issue Price per share Amount received Details of equity share application mone....
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....y pending allotment at the end of the previous year Name of the applicant Residential Type of status in India PAN share Date of application Number of shares applied for Application money received Face value per share Proposed issue price Details of shareholders who is not a shareholder at the end of the previous year but was a shareholder at any time during the previous year Name of Residential Type of PAN Face value per Issue Price per Date of share share allotment the sharehol der status in India share Number of shares held Amount received Date on which cease to be shareholder Mode of cessation In case of transfer, PAN of the new shareholder SCHEDULE SH-2 SHAREHOLDING OF START-UPS If you are a start-up which has filed declaration in Form-2 under para 5 of DPIIT notification dated 19.02.2019, please furnish the following details of shareholding;- Details of shareholding as at the end of the previous year Name of the shareholder Category of shareholder (drop down to be provided- non- resident/ venture capital company/ venture capital fund/ specified company/ Type of share PAN Date of allotment Number of shares held Face....
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.... value per share Issue Price per share Paid up Share value per premiu share m any other person) Details of share application money pending allotment as at the end of the previous year Name of the applicant Category of applicant (drop down to be provided- non-resident/ venture capital company/venture capital fund/ specified company/ any other person) Type of PAN share Total Date of application Number of shares applied for Face value per share Total Proposed issue price per share Share Share applicati applicat on money ion premiu Page S24 m Details of shareholder who is not a shareholder at the end of the previous year but was a shareholder at any time during the previous year Name of the shareholder Category of shareholder (drop down to be Type of share provided-non- PAN Date of allotment Numb er of shares held Face value per share Issue Price per share Paid up value per share Date on which ceased to be shareholder Mode of cessation In case of transfer PAN of NOTE resident/venture capital company/ venture capital fund/ specified company/any other person) the new shareho lder For definition of expressi....
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....ons- "venture capital company", "venture capital fund†and “specified company", please refer DPIIT notification dated 19.02.2019. Schedule AL-1 Assets and liabilities as at the end of the year (mandatorily required to be filled up by an unlisted company) (other than a start-up for which Schedule AL-2 is to be filled up) A Details of building or land appurtenant there to, or both, being a residential house DETAILS OF ASSETS AND LIABILITIES SI. No. Address (1) (2) (i) (ii) Pin code (3) Date of acquisition (4) B Details of land or building or both not being in the nature of residential house Sl. No. (1) (i) C D E Address (2) Details of listed equity shares Pin code (3) Opening balance No. of shares Type of shares Cost of acquisition No. of shares 1 2 3 Details of unlisted equity shares Name of company PAN Details of other securities Date of acquisition (4) Cost of acquisition Rs. (5) Purpose for which used (dropdown to be provided) (6) Cost of acquisition Rs. (5) Purpose for which used (dropdown to be provided) (6) Shares acquired during the year Shares transferred during the year Closing balance Type of shares....
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.... Cost of acquisition 4 5 6 No. of shares 7 Type of shares Sale consideration No. of shares 8 9 10 Type of shares 11 Cost of acquisition 12 Opening balance Shares acquired during the year Shares transferred during the year Closing balance No. of shares Cost of acquisition No. of shares Date of subscription /purchase Purchase price Issue price Face value per share per share (in case of purchase from per share (in case of existing fresh issue) shareholder) No. of shares Sale considera tion No. of share S Cost of acquisit ion Type of securities Whether listed or unlisted Opening balance Securities acquired during the year Securities transferred during the year Closing balance securitie subscription/ value per (in case of No. of Date of No. of Cost of securities acquisition S purchase share fresh issue) Face Issue price of security Purchase price per security (in case of purchase from existing holder) No. of securities Sale consideratio n No. of secur ities Cost of acquisit ion Details of capital contribution to other entity F Name of entity PAN Opening balance Amount contributed ....
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.... during the year Amount withdrawn during the year Amount of profit/loss/dividend/ interest debited or credited during the year Details of Loans & Advances to any other concern (If money lending is not assessee's substantial business) G Name of the person H PAN Opening Balance Details of motor vehicle, aircraft, yacht or other mode of transport Particulars of asset Registration number of vehicle Closing balance Amount received Amount paid Interest debited, if Closing balance Rate of any interest (%) Cost of acquisition Date of acquisition Purpose for which used (dropdown to be provided) Page S25 I Details of Jewellery, archaeological collections, drawings, paintings, sculptures, any work of art or bullion Particulars of asset Quantity Cost of acquisition Date of acquisition Purpose of use (dropdown to be provided) Details of liabilities J Details of loans, deposits and advances taken from a person other than financial institution Name of the person PAN Opening Balance NOTE Please refer to instructions for filling out this schedule. Amount received Amount paid Interest credited, if any Closing balance Rate of interest (%) Schedule....
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.... AL-2 Assets and liabilities as at the end of the year (applicable for start-ups only) If you are a start-up which has filed declaration in Form-2 under para 5 of DPIIT notification dated 19.02.2019, please| furnish the following information for the period from the date of incorporation upto end of the year;- A Details of building or land appurtenant there to, or both, being a residential house acquired since incorporation Pin code Date of acquisition Cost of acquisition Rs. Address SI. No (1) (2) (3) (i) (ii) (4) (5) Purpose for which used (dropdown to be provided) (6) Whether transferred on or before the end of the previous year, if Yes date of transfer (7) DETAILS OF ASSETS AND LIABILITIES | B Details of land or building or both not being a residential house acquired since incorporation Pin code Date of acquisition Cost of acquisition Rs. Address SI. No. (1) (2) (i) (3) (4) (5) Purpose for which used (dropdown to be provided) (6) Whether transferred on or before the end of the previous year, if Yes date of transfer (7) CDetails of Loans & Advances made since incorporation (If lending of money is not assessee's substantial business) Name ....
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....of person PAN Date on which Amount of loans Amount loans and advances has been made and advances Whether loans and advances has been repaid, if Yes date of such repayment D Details of capital contribution made to any other entity since incorporation Closing balance as Rate of interest, at the end of the previous year, if any if any Name of entity PAN Date on which capital contribution has been made E Details of acquisition of shares and securities F G Amount of contribution Amount withdrawn, if any Amount of profit/loss/ dividend/ interest debited or credited Closing balance as at the end of the previous year, if any Name of company/entity PAN Type of shares/secu rities Number of shares/securities acquired Cost of acquisition Date of acquisition Whether transferred, Closing balance as at the end of if Yes date of the previous year, if any transfer Details of motor vehicle, aircraft, yacht or other mode of transport, the actual cost of which exceeds ten lakh rupees acquired since incorporation Particulars of asset Registration number Cost of acquisition Date of acquisition Purpose for which used of vehicle (dropdown to be pr....
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....ovided) Whether transferred, if Yes date of transfer Details of Jewellery acquired since incorporation Particulars of asset Quantity Cost of acquisition Date of acquisition Purpose for which used (dropdown to be provided) Whether transferred, if Yes date of transfer Closing balance as at the end of the previous year, if any Page S26 H Details of archaeological collections, drawings, paintings, sculptures, any work of art or bullion acquired since incorporation Particulars of asset Quantity Cost of acquisition Date of acquisition Purpose for which used (dropdown to be provided) Whether transferred, if Yes date of transfer Closing balance as at the end of the previous year, if any I Details of liabilities NOTE Details of loans, deposits and advances taken from a person other than financial institution Name of the person PAN Opening Balance Amount received Please refer to instructions for filling out this schedule. Amount paid Interest credited, if any Closing balance Rate of interest (%) Schedule GST INFORMATION REGARDING TURNOVER/GROSS RECEIPT REPORTED FOR GST DETAILS OF GST Sl. No. (1) GSTIN No(s). (2) Annual value of o....
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....utward supplies as per the GST return(s) filed (3) NOTE Please furnish the information above for each GSTIN No. separately Schedule FD Break-up of payments/receipts in Foreign currency (to be filled up by the assessee who is not liable to get accounts audited u/s 44AB) Foreign Currency Transaction S. No. i Payments made during the year on capital account ii Payments made during the year on revenue account iii iv Receipts during the year on capital account Receipts during the year on revenue account NOTE Please refer to instructions for filling out this schedule. Amount (in Rs.) Page S27 TOTAL INCOME Part B Part B - TI Computation of total income 1 Income from house property (4 of Schedule-HP) (enter nil if loss) 2 Profits and gains from business or profession i Profits and gains from business other than speculative business and 2i specified business (439 of Schedule BP) (enter nil if loss) ii Profits and gains from speculative business (B44 of Schedule BP) (enter 2ii nil if loss and take the figure to schedule CFL) iii Profits and gains from specified business (C50 of Schedule BP)(enter nil 2iii if loss and take the figure to schedule CFL) iv Incom....
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....e chargeable to tax at special rates (3d and 3e of Schedule BP) 2iv V Total (2i+2ii+2iii + 2iv) 2v 3 Capital gains a Short term i Short-term chargeable @ 15% (9ii of item E of schedule CG) ai iii ii Short-term chargeable @ 30% (9iii of item E of schedule CG) Short-term chargeable at applicable rate (9iv of item E of schedule CG) aii aiii iv Short-term chargeable at special rates in India as per DTAA (9v of item E of Schedule CG) V Total Short-term (ai + aii + aiii + aiv) (enter nil if loss) b Long-term aiv 3av i Long-term chargeable @ 10% (9vi of item E of schedule CG) bi ii Long-term chargeable @ 20% (9vii of item E of schedule CG) bii iii Long-term chargeable at special rates in India as per DTAA (9viii of item E of schedule CG) biii iv Total Long-term (bi + bii + biii) (enter nil if loss) biv 3c Ñ Total capital gains (3av + 3biv) (enter nil if loss) 4 Income from other sources a Net income from other sources chargeable to tax at normal applicable rates (6 of Schedule OS) (enter nil if loss) 4a b Income chargeable to tax at special rate (2 of Schedule OS) 4b Income from the activity of owning and maintaining race horses (8e 4c Ñ ....
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.... of Schedule OS) (enter nil if loss) d Total (4a4b+4c) 5 Total of head wise income (1+2v + 3c + 4d) 4d 5 6 Losses of current year to be set off against 5 (total of 2xvii, 3xvii and 4xvii of Schedule CYLA) 7 Balance after set off current year losses (5-6) (total of column 5 of schedule CYLA + 4b + 2iv) 6 7 8 Brought forward losses to be set off against 7 (total of 2xvi, 3xvi and 4xvi of Schedule BFLA) 9 Gross Total income (7-8) (5xvii of Schedule BFLA + 4b + 2iv) 8 9 10 10 Income chargeable to tax at special rate under section 111A, 112, 112A etc. included in 9 11 Deductions under Chapter VI-A a Part-B of Chapter VI-A [1 of Schedule VI-A and limited upto (9-10)] b Part-C of Chapter VI-A [2 of Schedule VI-A and limited upto (9-10-2iii)] c Total (11a11b) [limited upto (9-10)] 12 Deduction u/s 10AA (c of Sch. 10AA) 13 Total income (9-11c-12) 11a 11b 11c 12 13 14 Income chargeable to tax at special rates (total of (i) of schedule SI) 14 15 Income chargeable to tax at normal rates (13 - 14) 15 16 Net agricultural income( 3 of Schedule EI) 16 17 Losses of current year to be carried forward (total of xi of Schedule CFL) 17 18 Deemed total income under sect....
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....ion 115JB (9 of Schedule MAT) 18 1 Page S28 BANK ACCOUNT TAXES PAID COMPUTATION OF TAX LIABILITY Part B - TTI Computation of tax liability on total income Tax Payable on deemed total Income under section 115JB (10 of Schedule MAT) a b Surcharge on (a) above (if applicable) Ñ Health and Education Cess @ 4%on (1a+1b) above la 1b 1c 1d d Total Tax Payable u/s 115JB (1a+1b+1c) 2 Tax payable on total income 2a a Tax at normal rates on 15 of Part B-TI b Tax at special rates (total of col. (ii) of Schedule-SI) 2b Ñ Tax Payable on Total Income (2a + 2b) 2c d Surcharge i 25% of 12(ii) of Schedule SI ii On [(2c) (12(ii) of Schedule SI)] iii Total (iii) e Health and Education Cess @ 4% on (2c+2diii) f Gross tax liability (2c+2diii+2e) 3 Gross tax payable (higher of 1d and 2f) 4 2di 2dii 2diii 2e 2f 3 4 5 Credit under section 115JAA of tax paid in earlier years (if 2f is more than 1d) (5 of Schedule MATC) 5 Tax payable after credit under section 115JAA [ (3-4)] 6 Tax relief a Section 90/90A(2 of Schedule TR) b Section 91(3 of Schedule TR) Ñ Total (6a+ 6b) 7 Net tax liability (5 - 6c) (enter zero if negative) 6a 6b 6c 7 8 Inte....
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....rest and fee payable a Interest for default in furnishing the return (section 234A) 8a b Interest for default in payment of advance tax (section 234B) 8b Ñ Interest for deferment of advance tax (section 234C) 8c d Fee for default in furnishing return of income (section 234F) 8d e Total Interest and Fee Payable (8a+8b+8c+8d) 9 Aggregate liability (7+8e) 10 Taxes Paid a Advance Tax (from column 5 of 15A) 8e 9 b TDS (total of column 9 of 15B) Ñ TCS (total of column 7 of 15C) 10a 10b 10c 10d d Self-Assessment Tax (from column 5 of 15A) e Total Taxes Paid (10a+10b+10c + 10d) 11 Amount payable (9 - 10e) (Enter if 9 is greater than 10e, else enter 0) 12 Refund (If 10e is greater than 9) (Refund, if any, will be directly credited into the bank account) 13 10e 11 12 Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts) (In case of non-residents, details of |any one foreign Bank Account may be furnished for the purpose of credit of refund) SI. IFS Code of the Bank in case of Bank Accounts held in India (SWIFT Code in case of foreign Bank Account) i ii 14 Do you at any time during the pre....
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....vious year,- Name of the Bank Account Number (IBAN in case of foreign Bank Accounts) Indicate the account in which you prefer to get your refund credited, if any (tick one account ) (i) hold, as beneficial owner, beneficiary or otherwise, any asset (including financial interest in any entity) located outside India; or (ii) have signing authority in any account located outside India; or (iii) have income from any source outside India? [applicable only in case of a resident] [Ensure Schedule FA is filled up if the answer is Yes] ☠Yes ☠No Page S29 15 TAX PAYMENTS Details of payments of Advance Tax and Self-Assessment Tax A SI No (1) ADVANCE/SELF ASSESSMENT TAX B ii BSR Code (2) Date of Deposit (DD/MM/YYYY) Serial Number of Challan Amount (Rs) (3) (4) (5) NOTE Enter the totals of Advance tax and Self-Assessment tax in Sl No. 10a & 10d of Part B-TTI Details of Tax Deducted at Source (TDS) on Income [As per Form 16 A issued or Form 16B/16C furnished by Deductor(s)] SI TDS credit PAN of TAN of Unclaimed TDS TDS of the current Fin. No relating to Other self /other person [spouse as per section 5A/other person as per rule 37BA(2)]....
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.... credit related to other person) Buyer Person the Deducto brought forward (b/f) Year TDS credit being claimed this Year Corresponding Income (only if corresponding income is being offered for tax this year) TDS offered credit being (if TDS r/ PAN carried of forward Tenant/ Fin. Year in TDS b/f Deducted Deducted in the which deducted in own hands hands of spouse Claimed in own hands as per section 5A or any other person as per rule 37BA(2) (if Claimed in the hands of spouse as per section 5A or any other person as per rule 37BA(2) (if Gross Amount Head of Income applicable) applicable) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) Income TDS Income TDS PAN NOTE Please enter total of column 9 in 10b of Part B- TTI Details of Tax Collected at Source (TCS) [As per Form 27D issued by the Collector(s)] C SI No TCS ON INCOME Tax Deduction and Tax Collection Account Number of the Collector (1) (2) i Name of the Collector Unclaimed TCS brought forward (b/f) TCS of the current fin. year Fin. Year in which collected Amount b/f (3) (4) (5) (6) ii NOTE Please enter total of column (7) in 10c....
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.... of Part B-TTI VERIFICATION Amount out of (5) or (6) being claimed this Year (only if corresponding income is being offered for tax this year) (7) Amount out of (5) or (6) being carried forward (8) I, son/daughter of solemnly declare that to the best of my knowledge and belief, the information given in the return and the schedules thereto is correct and complete is in accordance with the provisions of the Income-tax Act, 1961. I further declare that I am making this return in my capacity as (drop down to be provided and I am also competent to make this return and verify it. I am holding permanent account number (if allotted) (Please see instruction). I further declare that the critical assumptions specified in the agreement have been satisfied and all the terms and conditions of the agreement have been complied with. (Applicable, in a case where return is furnished under section 92CD) Date Sign here → Page S30<br> Scholarly articles for knowledge sharing by authors, experts, professionals ....