TaxTMI 
TaxTMI 
Income-tax (1st Amendment) Rules, 2020
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....items shall be inserted, namely:- "(VII) owns a house property in joint-ownership with two or more persons; or (VIII) is required to furnish a return of income under seventh proviso to sub-section (1) of section 139."; (III) in clause (ca), - (ii) in the proviso, after item (V), the following item shall be inserted, namely:- "(VI) owns a house property in joint-ownership with two or more persons."; (b) in sub-rule (5), for the figures "2018", the figures "2019" shall be substituted. 3. In the principal rules, in Appendix II, for Form "Sahaj (ITR-1)" and "Sugam (ITR-4)", the following Forms shall, respectively, be substituted, namely:- [F. No. 370142/32/2019-TPL] ANKUR GOYAL, Under Secy. Note : The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O.969(E), dated the 26th March, 1962 and last amended by the Income-tax (16th Amendment) Rules, 2019, vide notification number GSR. 960(E), dated 30th December, 2019. ============= Document 1 [ à¤à¤¾à¤— II-खणà¥à¤¡ 3(i)] ....
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.... ii / iii Less allowances to the extent exempt u/s 10 (drop down to be provided in e-filing utility) (Ensure that it is included in Total Gross Salary in (ii) above) iii P iv Net Salary (ii – iii) iv Ev Deductions u/s 16 (va + vb + vc) V N a Standard deduction u/s 16(ia) S b Entertainment allowance u/s 16(ii) I c Professional tax u/s 16(iii) va vb VC Nvi Income chargeable under the head ‘Salaries' (iv – v) B2 Tick applicable option ☠Self Occupied ☠Let Out ☠Deemed Let Out, Address of property; Town/City; State; PIN Code/ ZIP Code i Gross rent received/ receivable/letable value HOUSE PROPERTY B1 Enter tenant details here If Let out, Name and PAN, or Aadhaar of tenant (if available) i ii The amount of rent which cannot be realized ii | iii Tax paid to local authorities iv Total (ii+iii) iii iv v Annual Value (i – iv) [nil, if self -occupied etc. as per section 23(2) of the Act] vi 30% of Annual Value V vii Interest payable on borrowed capital viii Total(vi+vii) vi vii ix Arrears/Unrealised rent received during th....
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....xcluding dormant IFS Code of the Bank Name of the Bank Account Number (tick account(s) for refund) Sl. I II Schedule-IT Details of Advance Tax and Self-Assessment Tax payments R1 R2 BSR Code Col (1) Date of Deposit (DD/MM/YYYY) Col (2) Serial Number of Challan Col (3) Tax paid Col (4) Schedule-TDS Details of TDS/TCS [As per Form 16/16A/16C/27D issued by the Deductor(s)/ Employer(s)/ Payer(s)/ Collector(s)] TAN of Gross payment/receipt which is subject Year of tax deduction/ to tax deduction/collection collection Col (3) Name of the Deductor/ Collector/Tenant Col (2) Col (4) Tax Deducted/ collected Col (5) TDS/TCS credit out of (5) claimed this Year Col (6) deductor/Collector or Col (1) T1 T2 Stamp Receipt No., Seal, Date & Sign of Receiving I, Official son/ daughter of VERIFICATION solemnly declare that to the best of my knowledge and belief, the information given in the return is correct and complete and 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 ....
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.... Are you filing return of income under Seventh proviso to section 139(1) (Not applicable in case of Firm) - (Tick) ☠Yes No If yes, please furnish following information Have you deposited amount or aggregate of amounts exceeding Rs. 1 Crore in one or more current account during the previous year? (Yes/No) Have you incurred expenditure of an amount or aggregate of amount exceeding Rs. 2 lakhs for travel to a foreign country for yourself or for any other person Have you incurred expenditure of amount or aggregate of amount exceeding Rs. 1 lakh on consumption of electricity during the previous year? (Yes/No) Amount (Rs) (If Yes) Amount (Rs) (If Yes) Amount (Rs) (If Yes) (A22) If revised/defective then enter Receipt No. and Date of filing of original return (DD/MM/YYYY) (A23) If filed in response to notice u/s 139(9) /142(1)/148/153A/153C or order u/s 119(2)(b)- enter Unique Number & Date of such Notice or Order (A24)) Details of a representative assessee, if applicable (1) Name of the representative (2) Capacity of the representative (3) Address of the representative (4) Permanent Account Number (PAN)/ Aadhaar o....
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.... (If loss, put the figure in negative) B2 ( ) B3 Income from business or profession (enter value from E9 of schedule BP) B3 ix Arrears/Unrealized Rent received during the year Less 30% B4 Income from Other Sources (drop down to be provided in e-filing utility specifying nature of income) NOTE- Fill “Sch TDS2†if applicable. Less: Deduction u/s 57(iia) (in case of family pension only) Less: Deduction u/s. 57(iv) [in case of interest received u/s. 56(2)(viii)] B5 Gross Total Income (B1+B2+B3+B4) B4 B5( ) PART C-DEDUCTIONS AND TAXABLE TOTAL INCOME (Refer to instructions for limits on Amount of Deductions as per Income-tax Act) |(schedules to be provided by e-filing) C1 C4 80C 80CCD(1B) C2 80CCC C5 80CCD(2) C3 C6 80CCD (1) 80D (Details to be filled in drop down to be provided in e-filing utility) 80E C7 80DD C8 80DDB C9 (Details to be filled in (Details to be filled drop down to be in drop down to be provided in e-filing provided in e-filing utility) utility) C10 80EE C11 80EEA C12 80EEB C13 80G C14 80GG C15 8....
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....pecified date Any other mode Ela E1b E2 Presumptive Income under section 44AD a 6% of Ela or the amount claimed to have been earned, whichever is higher E2a b Ñ 8% of E1b or the amount claimed to have been earned, whichever is higher Total (a + b) E2b E2c NOTE―If Income is less than the above percentage of Gross Receipts, it is mandatory to have a tax audit under section 44AB & other ITR, as applicable, has to be filed S. COMPUTATION OF PRESUMPTIVE INCOME FROM PROFESSIONS UNDER SECTION 44ADA Name of Business Business code No. (i) E3 Gross Receipts E4 Presumptive Income under section 44ADA (50% of E3) or the amount claimed to have been earned, whichever is higher NOTE-If Income is less than 50% of Gross Receipts, it is mandatory to have a tax audit under 44AB & other ITR, as applicable, has to be filed COMPUTATION OF PRESUMPTIVE INCOME FROM GOODS CARRIAGES UNDER SECTION 44AE S. No. (i) E5 Name of Business Business code Description E3 E4 Description Gross Turnover or Gross Receipts relatable to presumptive income u/s. 44AE Registration No. of goods G....
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....e tax and Self-Assessment tax in D13 & D14 Schedule TCS Details of Tax Collected at Source [As per Form 27D issued by the Collector(s)] Sl No Tax Collection Account Number of the Collector Name of the Collector (1) Col (1) Col (2) i ii Details of amount paid as mentioned in Form 26AS Col (3) Tax Collected Col (4) Amount out of (4) being claimed Col (5) NOTE Please enter total of column (5) of Schedule-TCS in D16 SCHEDULE TDS1 DETAILS OF TAX DEDUCTED AT SOURCE FROM SALARY [As per Form 16 issued by Employer(s)] TAN Col (1) S1 S2 S3 Name of the Employer Col (2) Income under Salary Col (3) NOTE â–¶ Enter the total of column 4 of Schedule-TDS1 and column 6 of Schedule TDS2 in D15 Tax deducted Col (4) [à¤à¤¾à¤— II-खणà¥à¤¡ 3(i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 17 SCHEDULE TDS2 DETAILS OF TAX DEDUCTED AT SOURCE ON INCOME OTHER THAN SALARY [As per Form 16 A issued or Form 16C furnished by Deductor(s)] Sl. TAN of the No. Deductor/ PAN Unclai....