TaxTMI 
TaxTMI 
Income-tax (Second Amendment) Rules, 2023
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....m vide Notification No. 11/2023, dated 03-03-2023 ============= Document 1PERSONAL INFORMATION 'FORM ITR-7 Part A-GEN INDIAN INCOME TAX RETURN [For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only] (Please see rule 12 of the Income-tax Rules, 1962) (Please refer instructions for guidance) Assessment Year 2023-24 (A1) Name (as mentioned in deed of creation/ establishing/ incorporation/ formation) (A4) Flat/Door/Block No (A5) Name of Premises/Building/Village (A2) PAN (A3) Date of formation/incorporation (DD/MM/YYYY) / (A8) Town/City/District (A6) Road/Street/Post Office (A7) Area/Locality (A9) State (A10) Pin code/Zip code (A11) Status (see instructions) (A12) Sub Status (see instructions) (A13) Office Phone Number with STD code/Mobile No. 1 (A14) Mobile No. 2 (A15) Email Address 1 (A16) Email Address 2 (A17) (i) Return furnished under section ☠139(4A) □ 139(4B) ☠139(4C) 139(4D) (ii) Please specify the section under which the exemption is claimed (dropdown to be provided) (A18) Whether any project/institution is run by the assessee? (Yes/No) If Yes, the....
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.... to be provided) Address of the representative Permanent Account Number (PAN)/Aadhaar No. of the representative Whether any income included in total income for which claim under section 90/90A/91 has been made? ☠Yes ☠No [applicable in the case of resident] [if yes, ensure to fill Schedule FSI and Schedule TR] Whether this return is being filed by a representative assessee? (Tick) If yes, please furnish following information - ☠Yes ☠No ☠Non-resident (A2 2) (g) Whether you are Partner in a firm? (Tick) ▼ ☠Yes ☠No Name of Firm If yes, please furnish following information PAN Whether you have held unlisted equity shares at any time during the previous year? (Tick) ☑☠Yes ☠No If yes, please furnish following information in respect of equity shares Opening balance Shares acquired during the year Issue price Shares transferred during the year Closing balance Name of company Type of the company PAN No. of shares Cost of acquisition No. of shares Date of subscription /purchase Face per value share per (in share case of fresh issue) Purchase price per share (in case of purch....
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.... auditor signing the tax audit report (b) Membership No. of the auditor (c) Name of the auditor (proprietorship/ firm) (d) Permanent Account Number (PAN)/Aadhaar No. of the proprietorship/ firm (A 28) B (e) Date of audit report (f) Date of furnishing of the audit report (DD/MM/YYYY). (i) If liable to audit under any Act other than the Income-tax Act, mention the Act, section and date of furnishing the audit report? Act and section (DD/MM/YY) Act and section (DD/MM/YY) (A29) i. Particulars of persons who were members in the AOP on 31st day of March, 2023 (to be filled by venture capital fund/ investment fund) SI. Name and Address No Percentage of share (if determinate) PAN (1) (2) (3) (4) Aadhaar Number/ Enrolment Id (if eligible for Aadhaar) (5) Status (6) ii Particulars regarding the Author(s) / Founder(s) / Trustee(s) / Manager(s), etc., of the Trust or Institution [to be mandatorily filled in by all persons filing ITR-7 A SI. Details of all the Author (s)/ Founder (s)/ Settlor (s)/Trustee (s)/ Members of society/Members of the Governing Council/Director (s)/ shareholders holding 5% or more of shareholding / Office Bearer (s) at any time d....
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....lation was made (if applicable) (9) Amount credited or paid to any trust or institution registered u/s Balance amount available for application Amount invested or Amount invested or deposited 12AB or approved under sub-clauses (iv)/(v)/(vi)/(via) of clause (23C) of section 10 (if applicable) (10) deposited in the modes specified in section 11(5) out of 11 in the modes other than specified in section 11(5) out of 11 (if applicable) Amount which is not utilized during the period of accumulation (if applicable) Amount deemed to be income within meaning of sub- section (3) of section 11 (if applicable) (11)=7-8-9- 10 (12) (13) (14) (15)=9+10+13+14 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Total 42 Schedule IA FY AY Year of accumulation (F.Yr.) 2016-17 2017-18 2018-19 2019-20 2020-21 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] Details of accumulated income taxed in earlier assessment years as per section 11(3) Assessment year in which the amount referred at Col 6 of Schedule I was taxed (Figures in Rs.) 2018-19 2019-20 2020-21 2021-22 2022-23 Total (F) (A) (B) (C) (D)....
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....pplied and not claimed corpus as (i.) Representing donations received for the renovation or repair of places notified u/s 80G(2)(b) on or after 01.04.2020 (ii.) Other than (i) above received on or after 01.04.2021 (iii.) Other than (i) and (ii) above Total application) Financial year in which (4) was applied earlier Closing Balance as on 31.03.2023 Invested in modes specified in Sec 11(5) as Amount taxed in assessment year 2022- on Invested in modes other than specified in section 23 31.03.2023 11(5) as on 31.03.2023 (1) (2) (3) (4) (5) (6) (7)=(1+2+5-3) (8) (9) (10)=7-8-9 A2 Details of loan and borrowings Opening Balance As on 01.04.2022 (1) Loan & Borrowings Applied for the Amount of repayment of taken for applications towards objectives during the year (2) objects of the trust or institution during the year (3) loan or borrowing during the year (which was earlier applied and not claimed as application) (4) B Details of corpus investment/deposits made under section 11(5) as on 31.03.2023 Investment out of Financial year in which (4) was applied earlier (5) Total Repayment of loan or borrow....
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.... repair of places notified u/s 80G(2)(b) on or after 01.04.2020 la b Other corpus received on or after 01.04.2021 Ñ Corpus other than (a) and (b) d 1b 1c e Balance Amount of deemed Income being exemption claimed in earlier years on account of deemed application and required to be applied in FY 2023-24 onwards Income accumulated under third proviso to clause (23C) of section 10 or section |1d 11(2) le f Any other reserve (Specify the nature) iSpecify the nature ii Specify the nature iii Total (ai + aii.) g Total fund (a+b+c+d+e+f) 2 Loan and Borrowings a Secured loans i i 1fiii 1g a b Unsecured loans (including deposits) b 2c 3 4 c Total Loan Funds (a+b) 3 Advances 4 Sources of funds (1g + 2c +3) B Application of funds 1 Fixed assets a Gross Fixed Assets b Depreciation c Net Fixed Assets (1a-1b) 2 Investments 3 Current assets, loans and advances a Current assets i Inventories ii Sundry Debtors iii Cash and bank balances la 1b 1c 2 I ii A Balance with banks iiiA B Cash-in-hand iiiB C Others iiiC D Total Cash and cash equivalents (iiiA + iiiB + iiiC) iiiD iv Other Current Assets iv V Total current assets (i+ii + iiiD + ....
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.... the report (DD/MM/YYYY) 5 a b Whether any voluntary contribution from any person in excess of twenty thousand rupees was received during the year? (tick as applicable ☑) If yes, whether record of each voluntary contribution (other than contributions by way of electoral bonds) in excess of twenty thousand rupees (including name and address of the person who has made such contribution) were maintained? ☠Yes ☠No ☠Yes ☠No (tick as applicable ☑) 6 Whether any donation exceeding two thousand rupees was received otherwise than by an account payee cheque or account payee bank draft or use of electronic clearing system through a bank account or through electoral bond? (tick as applicable) ☠Yes ☠No 7 Please furnish the following information:- a b Total voluntary contributions received by the party during the F.Y. (bd) Aggregate value of all the voluntary contributions received upto Rs. 20,000 during the F.Y. 7a 7b ci Aggregate value of all the voluntary contributions received upto Rs. 2,000 in cash during the F.Y. 7ci cii Aggregate value of all the voluntary contributions received upto Rs. 2,000 other than ....
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....ocial (b) Aiib Responsibility (c) Other specific grants Aiic (d) Other Donations Aiid (e) Total Aiie iii Voluntary contribution Domestic (Ai + Aiie) Aiii B i Foreign contribution (other than anonymous donations taxable u/s 115BBC) Corpus donation (Bia + Bib) Bi Corpus representing donations received for the a renovation or repair of places notified u/s Bia 80G(2)(b) b Corpus other than above Bib ii Other than corpus donation iii Foreign contribution (Bi + Bii) Bii Biii Biv Free text box C C Ꭰiv Specify the purpose for which foreign contribution has been received Total Contributions (Aiii + Biii) Anonymous donations, chargeable u/s 115BBC [Applicable to assessee claiming exemption u/s 11 or 10(23C)(iv) or 10(23C)(v) or 10(23C)(vi) or 10(23C)(via) or 10(23C)(iiiad) or 10(23C)(iiiae)] i Aggregate of such anonymous donations received i ii 5% of total donations received at Sl. No C+Di or 1,00,000 whichever is higher ii iii Anonymous donations chargeable u/s 115BBC @ 30% (i – ii) - iii Schedule AI 1 Aggregate of income derived during the previous year excluding Voluntary contributions [to be filled by assesses claiming....
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....plication outside India for which approval as per proviso to section 11(1)(c) is obtained 5 9 Application outside India for which approval as per proviso to section 11(1)(c) is not obtained 6 7 8 Applied for any purpose beyond the objects of the trust or institution Any other disallowable application 7 8 C Source of fund to meet revenue and capital application in Row A C 1 Income derived from the property/income earned during previous year (Excluding corpus) 1 2 Income accumulated as under section 11(2) or third proviso to section 10(23C) in earlier years 2 Income deemed to be applied in any preceding year under clause 2 of 3 Explanation 1 of section 11(1) (applicable only when exemption is claimed u/s 11 and 12) 32 4 Income of earlier years upto 15% accumulated or set apart 4 5 Corpus 5 6 Borrowed Fund 6 7 Any other (Please specify) 7 ᎠE Total Amount applied during the previous year [A12-B-C2-C3-C4-C5-C6-C7] Amount which was not actually paid during the previous year out of D ᎠE F G Amount actually paid during the previous year which accrued during any earlier previous year but not claimed as application of income in ear....
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....of property 1 State Country PIN Code/ Zip Code 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) I II [Tick the applicable option] Name(s) of Tenant (if let PAN/Aadhaar No. of Co-owner(s) Percentage Share in Property (optional) PAN/Aadhaar No. of Tenant(s) (if PAN/TAN/Aadhaar No. of Tenant(s) available) (if TDS credit is claimed) Let out out) Deemed let out I II Gross rent received or receivable or letable value (higher of the two, if let out for la a whole of the year, lower of the two, if let out for part of the year) 1b 1c 1d HOUSE PROPERTY b The amount of rent which cannot be realized c Tax paid to local authorities d Total (1b+ 1c) e Annual value (1a – 1d) f 30% of le g Interest payable on borrowed capital h Total (1f1g) 1f 1g i Arrears/Unrealised rent received during the year less 30% j Income from house property 1 (1e – 1h + 1i) 2 Address of property 2 Town/City le 1h li 1j State Country PIN Code/ Zip Code Is the property co-owned? ☠Yes ☠No (if “YES†please enter following details) Assessee'....
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....details in item D below) 1d DD/MM/YYYY e Short-term Capital Gains on Immovable property (1c - 1d) F In case of transfer of immovable property, please furnish the following details (see note) Address of S.No. Name of PAN/Aadhaar buyer(s) No. of buyer(s) Percentage share Amount property, Country code, Zip code Pin code State NOTE Furnishing of PAN/Aadhaar No. 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. Ale 2 From slump sale A i Fair market value as per rule 11UAE(2) 2ai ii Fair market value as per rule 11UAE(3) 2aii iii Full value of consideration (higher of ai or aii) 2aiii B Net worth of the under taking or division 2b C Short term capital gains from slump sale (2aiii-2b) A2c 3 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)(b)(ii) proviso (for FII) a Full value of consideration За b Deductions under section 48 I Cost of acquisition without indexation bi li Cost of Improvement without in....
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....eceivable in respect of unquoted shares ia b Fair market value of unquoted shares determined in the prescribed manner 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 aii iii Total (ic+ ii) aiii B Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of Improvement without indexation bii iii Expenditure wholly and exclusively in connection with transfer biii iv Total (i+ii + iii) biv C Balance (6aiii – biv) 6c 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 D months prior to record date and dividend/income/bonus units are received, then loss arising out of sale of such asset to be ignored (Enter positive value only) 6d 6e 6f 7 E Deemed short term capital gains on depreciable assets f Deduction under section 54D/54G/54GA g STCG on assets other than at A1 or A2 or A3 or A4 or A5 above (6c + 6d + 6e − 6f) Amount deemed to be short term capital gains a Whether any....
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....luation authority aii Full value of consideration adopted as per section 50C for the Iii purpose of Capital Gains [in case (aii) does not exceed 1.10 times aiii (ai), take this figure as (ai), or else take (aii)] b Deductions under section 48 i Cost of acquisition iia Cost of acquisition with indexation iib Total Cost of Improvement with indexation (a)Cost of improvement (b)Year of improvement bi biia biib A7 A8 A9a A9b A10 (c)Cost of Improvement with indexation Add row iii Expenditure wholly and exclusively in connection with transfer iv Total (biia + biib + biii) biii biv c Balance (aiii – biv) 1c d Deduction under section 54D/54EC/54G/54GA (Specify details in item D below) 1d Ble e Long-term Capital Gains on Immovable property (1c - 1d) fIn case of transfer of immovable property, please furnish the following details (see note) S.No. Name of buyer(s) PAN/ Aadhaar No. of buyer(s) Percentage share Amount Address of property, Country code, Zip code Pin code State NOTE Furnishing of PAN/Aadhaar No. 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, ....
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....i Full value of consideration in respect of securities other than unquoted shares aii iii Total (ic+ ii) aiii b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of improvement without indexation bii Expenditure wholly and exclusively in connection with biii transfer iv Total (bi + bii +biii) biv Ñ Long-term Capital Gains on assets at 7 above in case of NON- REESIDENT (aiii-biv) B7c For NON-RESIDENTS - From sale of equity share in a company or unit of 8 equity oriented fund or unit of a business trust on which STT is paid under section 112A Long-term Capital Gains on sale of capital assets at B8 9 From sale of assets where B1 to B8 above are not applicable a In case assets sold include shares of a company other than i quoted shares, enter the following details a Full value of consideration received/receivable in respect ia of unquoted shares b Fair market value of unquoted shares determined in the prescribed manner ib Ñ 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 B8 à¤à¤¾à¤— II -खणà¥....
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....ble 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] [B1e + B2e + B3c + B4c + B5 + B6 + B7c + B8+ B9e+ B10+B11- 12a] B13 C1 Sum of Capital Gain Incomes (9ii + 9iii + 9iv + 9v + 9vi + 9vii + 9viii of table E below)) C2 Income from transfer of Virtual Digital Assets (Item No. B of Schedule VDA) C3 Income chargeable under the head “CAPITAL GAINS†(C1 + C2) Information about deduction claimed against Capital Gains Ꭰ1 In case of deduction u/s 54D/54EC/54G/54GA give following details C1 C2 C3 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 Amount deposited in Capital Gains Accounts Scheme iv aiv before due date V Amount of deduction claimed av b Deduction claimed u/s 54EC i Date of transfer of original asset bi dd/mm/yyyy Amount invested in specified/notified bonds ii bii (not exceeding fifty lakh rupees) iii Date of investment biii dd/mm/y....
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.... 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. Schedule VDA Sl. No. Income from transfer of virtual digital assets u/s 115BBH Date of Acquisition Date Transfer of Head under which income to be taxed Cost of Acquisition (In case of gift; (Business/Capital Gain) a. Enter the amount on which tax is paid u/s 56(2)(x) if any b. In any other case cost to previous owner) Consideration Received Income transfer of Virtual Digital Assets (enter nil in case of loss) (Col. 6 - Col. 5) from (Col. 1) (Col. 2) (Col. 3) (Col. 4) (Col. 5) (Col. 6) (Col. 7) à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण A. Total (Sum of all Positive Incomes of Business Income in Col. 7) B. Total (Sum of all Positive Incomes of Capital Gain in Col. 7) Schedule OS Income from other sources 1 Gross income chargeable to tax at normal applicable rates (1a+ 1b+ 1c+ 1d + 1e) a Dividends, Gross (ai+....
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.... of Schedule CG) 56 56 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] vi cvi cvii Interest referred to in section 194LD chargeable u/s 115A(1)(a)(iiab) Distributed income being interest vii referred to in section 194LBA chargeable u/s 115A(1)(a)(iiac) Income from units of UTI or other Mutual Funds specified in section viii 10(23D), purchased in Foreign|cviii chargeable u/s ix Currency 115A(1)(a)(iii) Income from royalty or fees for technical services received from Government or Indian concern chargeable u/s 115A(1)(b) Income by way of interest from bonds ix x purchased in foreign currency by non- cx residents - chargeable u/s 115AC xi Income by way of dividends from GDRs purchased in foreign currency cxi by non-residents chargeable u/s 115AC - Income received by an FII in respect of securities (other than units referred to xii in section 115AB) - chargeable u/s cxii xiii 115AD(1)(i) Income received by an FII on bonds or Government securities referred to in cxiii section 194LD - chargeable as per proviso to section 115AD(1)(i) Income received by xiv sportsmen or sports chargeable u/s 115BBA non-residents associations exi....
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....a(i) Dividend Income u/s 115A(1)(a)(i) @ 20% (Including PTI Dividend Income u/s 115AC 10% @ Dividend Income (other than units referred to in 5 section 115AB) u/s 115AD(1)(i) @ 20% (Including PTI Income) Dividend income chargeable at 6 DTAA Rates w.r.t.1a(i) Schedule OA General Do you have any details) income under the head business and profession? ☠Yes ☠No (if "yes" please enter following 1 Nature of Business or profession (refer to the instructions) 2 Number of branches 3 Method of accounting employed in the previous year (Tick) ☑ cash 4 Is there any change in method of accounting (Tick) ☑ 1 2 mercantile 3 Yes Effect on the profit because of deviation, if any, in the method of accounting 5 employed in the previous year from accounting standards prescribed under section 145A 6 Method of valuation of closing stock employed in the previous year 4 5 10 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) ☠☠66 6a 6b ....
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....nt disallowable under section 40 15 16 Amounts debited to the profit and loss account, to the extent disallowable under section 40A 16 17 17 Any amount debited to profit and loss account of the previous year but disallowable under section 43B 17 Interest disallowable under section 23 of the Micro, Small and Medium Enterprises 18 Development Act, 2006 18 Deemed income under section 41 19 19 20 Deemed income under section 32AC/32AD/ 33AB/ 33ABA/35ABA/ 35ABB/ 35AC/ 40A(3A)/33AC/72A 20 21 Deemed income under section 43CA 21 22 Any other item of addition under section 28 to 44DB 22 Any other income not included in profit and loss account/any other expense not 23 allowable (including income from salary, commission, bonus and interest from firms in which company is a partner) 23 24 Total (13+ 14 + 15 + 16 + 17 + 18+ 19 + 20 + 21+22 +23) 24 25 Deduction allowable under section 32(1)(iii) 25 26 Amount allowable as deduction under section 32AC 26 Amount of deduction under section 35 or 35CCC or 35CCD in excess of the amount 27 debited to profit and loss account (if amount deductible under section 35 or 35CCC or 27 35CCD is lower than amount debited to P....
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....emaining after set off zero or positive) (1) (2) (A36) (3) = (1) - (2) Loss to be set off (Fill this row i only if figure is negative) Income from speculative ii (B40) business iii Income from specified business| (C46) iv Total loss set off (ii + iii) V Loss remaining after set off (i – iv) Schedule CYLA Details of Income after set-off of current years losses SI. Head/Source of No. Income Income of House property loss of current year the current year set off (Fill this column only if income is zero or positive) 1 Loss to be adjusted -> i House property Business (excluding speculation income and ii income from specified business) iii Speculation income iv V Vi Specified business income u/s 35AD Short-term capital gain taxable @15% Short-term capital gain taxable @30% Short-term capital gain Vii taxable at applicable rates Short-term capital gain viii taxable at special rates in India as per DTAA CURRENT YEAR LOSS ADJUSTMENT Long term capital gain ix taxable@ 10% Long term capital gain X taxable @ 20% Long term capital gains Xi taxable at special rates in India as per DTAA Net Income from Other sources xii (e....
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....argeable at special rates in India as per DTAA LTCG Chargeable at special rates in India as per DTAA| ☠115AC (Income by way interest received by non-resident from bonds or GDR purchased in foreign currency) ☠☠10 11 115AC (Income by way of Dividend received by non-resident from bonds or GDR purchased in foreign currency ☠10 12 13 115BB (Winnings from lotteries, puzzles, races, games etc.) |115BBH- Tax on Income from Virtual Digital asset (i) Income under head business or profession ☠30 ☠30 (3d of Schedule BP) à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 14 15 (ii) Income under head Capital gain 115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D) Any other income chargeable at special rate (Please choose from drop down menu) ☠30 (C2 of Schedule CG) ☠☠60 (part of 2c of schedule OS) 16 Income from other sources chargeable at special rates in India as per DTAA ☠(part of 2e of schedule OS) 17 Income in the nature of Short Term Capital Ga....
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....lause (b) of the third proviso of section 10(23C) or which is excluded from the total income as per section 13(1)(d) 5 Income which is not excluded from the total income as per section 11(1)(c) Income accumulated or set apart in excess of fifteen per cent of the income 6 where such accumulation is not allowed under any specific provision of this Act; 7 Total (total of Sl. No. 1 to 6) 3 4 5 6 7 62 THE GAZETTE OF INDIA EXTRAORDINARY Schedule FSI Details of Income from outside India and tax relief (available only in case of resident) Sl. Country Taxpayer Sl. Head of income Income from INCOME FROM OUTSIDE INDIA AND TAX RELIEF Code Identification Number outside India Tax paid outside India (included in PART B-TI) Tax payable on such income under normal provisions in India (a) (b) (c) (d) i House Property ii Business or Profession iii Capital Gains iv Other sources Total i House Property| Business or ii Profession iii Capital Gains [PART II-SEC. 3(i)] Tax relief available in India (e)= (c) or (d) whichever is lower (e) Relevant article of DTAA if relief claimed u/s 90 or 90A (f) NOTE Schedule TR iv Other sources Total Ple....
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.... Closing balance period à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 63 Details of Foreign Equity and Debt Interest held (including any beneficial interest) in any entity at any time during the calendar year ending as on 31st December, 2022 A3 Sl Countr Country No y name code Peak value Closing Total gross Name of entity Address ZIP Nature Date of Initial of entity code of entity acquiring value of of the the investment interest investment during the period value amount Total gross proceeds paid/credited from sale or with respect redemption to the of holding investment during the during the period period (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) A4 Details of Foreign Cash Value Insurance Contract or Annuity Contract held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2022 Sl Countr Country No y name Name of financial code institution in which insurance contract held Address of ZIP code Date of contract financial inst....
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....g the year (in rupees) accrued is taxable in your hands? yes, is held Income accrued in the account this return Amount Schedule Item where number offered of schedule (1) (2a) (2b) (3a) (3b) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) F Details of trusts, created under the laws of a country outside India, in which you are a trustee, beneficiary or settlor â˜â˜ SI Count Zio Name and Name and Name Name and Date since Whether ved fif (8) is if (8) is yes, Income offered in 64 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II—SEC. 3(i)] Name and code the trust trustees address Beneficiaries held is taxable in Income Amount Schedule Item of your hands? Settlor derived from the trust where number offered of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) G Count SI ry Name No Zip Code Name and address of the person from whom derived Income derived 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 Sched....
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....t eligible for exemption under section 11(1)(c) 4 A Approval number given by the Board A B Date of approval by board B 5 Income to be applied (1+2+3-4) 5 6 Application of income for charitable or religious purposes or for the stated objects of the trust/institution:- à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण i Amount applied during the previous year [Excluding application from borrowed fund, deemed application, previous year accumulation upto 15% etc, i.e. not from the income of prev. year] [Sr.no. G from Schedule A] 6i 6ii vi ii iii iv Repayment of loan during the previous year- [Sr.no. 4 of table A2 of Schedule J] Amount applied during the previous year- invested or deposited back into specified mode of Corpus fund (disallowed earlier on application of fund for object of trust/institution) invested or deposited back, into one or more of the forms or modes specified in Section 11(5) maintained specifically for such corpus, from the income of that year and to the extent of such investment or deposit [Sr.no. 4 ....
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....G) i Ai V Short-term chargeable at special rates in India as per DTAA (9v of item E of Schedule CG) Aiv Av Total Short-term (Ai + Aii + Aiii + Aiv) (enter nil if loss) Av B Long term 10iiiB Bi Long-term chargeable @ 10% (9vi of item E of schedule CG) Bi Bii Long-term chargeable @ 20% (9vii of item E of schedule CG) Bii Bii i Long-term chargeable at special rates in India as per DTAA (9viii of item E of schedule CG) Biii Bi Biv Total Long-term (Bi + Bii + Biii) (enter nil if loss) V C ᎠSum of Short-term/Lon g-term capital gains (Av+Biv) (enter nil if loss) Capital gain chargeable @ 30% u/s 115BBH (C2 of schedule CG) 10iiiC 10iiiD E Total capital gains (C + D) 10iiiE iv Income from other sources [as per item No. 9 of Schedule OS] 10iv v Total (10i+10ii + 10iiiE + 10iv) 10v 11 Gross income (9+10) 11 12 Losses of current year to be set off against 10v (total of 2xiv, 3xiv and 4xiv of Schedule CYLA) 12 65 65 66 [PART II-SEC. 3(i)] THE GAZETTE OF INDIA: EXTRAORDINARY 13 Total Income (11-12) 13 14 Income which is included in 13 and chargeable to tax at special rates (total of col. (i) of schedule SI) 14 15 Anonymous dona....
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.... other sources [as per item No. 9 of Schedule OS] 7iv V Total (7i + 7ii + 7iiiE + 7iv) 7v 8 Gross income [6+7v-4-5] +3 8 9 10 Losses of current year to be set off against 8 (total of 2xiv, 3xiv and 4xiv of Schedule CYLA) Gross Total Income (8-9) 9 10 11 Income which is included in 10 and chargeable to tax at special rates (total of col. (i) of schedule SI) 11 13 Net Agricultural income for rate purpose 13 14 Aggregate Income (10-11-12+13) [applicable if (10-11-12) exceeds maximum amount not chargeable to tax] 14 15 Income chargeable at maximum marginal rates 15 Part B3- Applicable if total income chargeable to tax u/s twenty-second proviso to section 10(23C) or section 13(10) I. If yes in Sl. No. A(26) of Part A-General, specify the reason why the provisions of twenty-second proviso to Clause (23C) of section 10 or sub-section (10) of section 13 are applicable? (a) Provision of proviso to clause (15) of section 2 is applicable Yes/No (b) Condition specified in clause (a) of tenth proviso to 10 (23C) / sub-clause (i) of clause (b) of sub-section (1) of section 12A have been violated Yes/No (c) Condition specified in clause (b) of tenth proviso ....
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.... Amount in Rs ༅༅à¼âž¢ (iii) Income chargeable under section 12(2) (iv) Income as per Explanation 3B in case of violation of clause (a) or (b) or (c) or (d) of Explanation 3A to section 11(1) read with section 80G(2)(b) Amount in Rs Amount in Rs (v) Income as per Explanation 1B in case of violation of clause (a) or (b) or (c) or (d) of Explanation 1A to section 10(23C) read with section 80G(2)(b) Amount in Rs (vi) Total Additions (i)+(ii)+(iii)+(iv)+(v)+(vi) Amount in Rs 5 Income chargeable u/s 11(4) Amount in Rs 6 Sum total [(1-2+3x)+4vi+5)] Amount in Rs 7 Income not forming part of item No. 6 above i Income from house property [ 4 of Schedule HP] (enter nil if loss) Amount in Rs. ii iii Profits and gains of business or profession [as per item No. D48 of schedule BP] Income under the head Capital Gains Amount in Rs. a Short term ai aii Short-term chargeable @ 15% (9ii of item E of schedule CG) Short-term chargeable @ 30% (9iii of item E of schedule CG) Amount in Rs. Amount in Rs. aiii aiv Short-term chargeable at applicable rate (9iv of item E of schedule CG) Short-term chargeable at special rates in India as per DTAA (9v ....
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....mount not chargeable to 1f tax] g Tax Payable on Total Income (1a+1b+1c+ 1d+1e- 1f) 2 Surcharge i 25% of 13(ii) of Schedule SI ii On [1g – (13(ii) of Schedule SI)] iii Total (iii) 3 Health and Education cess @ 4% on (1g+ 2iii) 1g 2i 2ii 2iii 3 4 4 Gross tax liability (1g+ 2iii +3) 5 Tax relief a Section 90/90A (2 of Schedule TR) b Section 91 (3 of Schedule TR) Ñ Total (5a+5b) 6 Net tax liability (4-5c) 5a 5b 5c 6 7 Interest and fee payable a Interest for default in furnishing the return (section 234A) 7a b Interest for default in payment of advance tax (section 234B) 7b Ñ d Interest for deferment of advance tax (section 234C) Fee for default in furnishing return of income (section 234F) 7c 7d e Total Interest and Fee Payable (7a+ 7b+ 7c+ 7d) 8 Aggregate liability (6 + 7e) 9 Taxes Paid 7e 8 a Advance Tax (from column 5 of 15A) b TDS (total of column 9 of 15B) Ñ TCS (total of column 7(i) of 15C) d Self-Assessment Tax (from column 5 of 15A) e Total Taxes Paid (9a+9b+ 9c+ 9d) 10 Amount payable (Enter if 8 is greater than 9e, else enter 0) 9a 9b 9c 9d 11 Refund(If 9e is greater than 8) (refund, if any, will be d....
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....wn the hands of hands NOTE Enter the totals of Advance tax and Self-Assessment tax in Sl No. 9a & 9d of Part B-TTI Details of Tax Deducted at Source (TDS) on Income [As per Form 16 A issued or Form 16B/16C/16D furnished by Deductor(s)] No relating to self/ other person PAN/Aadhar TAN of the TDS credit being claimed this Corresponding TDS Receipts/ withdrawals offered credit being carried forward Head Year (only if corresponding income is being offered for tax this year), not applicable if TDS is deducted u/s 194N) Claimed Claimed in the hands Gross in own of any other person as Amount of hands per rule 37BA(2) (if Income any other person as applicable) 37BA(2)] per rule 37BA(2) (if applicable) (1) (2) (3) (4) (5) (6) (7) (8) Income TDS (9) (10) (11) (12) (13) Income TDS PAN/ Aadhaar i C SI. TCS credit No. relating to self /other person [as per rule 37- I] and Tax Collection Account Number of the Collector PAN of other Person (if TCS credit related to Details of Tax Collected at Source (TCS) [As per Form 27D issued by the Collector(s)] Tax Deduction Unclaimed TCS brought TCS of the current fin. forward (b/f) ....
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....for guidance) (A1) Name (as mentioned in deed of creation/ establishing/ incorporation/ formation) (A2) PAN (A4) Flat/Door/Block No (A5) Name of Premises/Building/Village Assessment Year 2023-24 (A3) Date of formation/incorporation (DD/MM/YYYY) (A6) Road/Street/Post Office (A8) Town/City/District (A7) Area/Locality (A9) State (A10) Pin code/Zip code (A11) Status (see instructions) (A12) Sub Status (see instructions) (A13) Office Phone Number with STD code/Mobile No. 1 (A14) Mobile No. 2 (A15) Email Address 1 (A16) Email Address 2 (A17) (i) Return furnished under section ☠139(4A) 139(4B) ☠139(4C) ☠139(4D) (ii) Please specify the section under which the exemption is claimed (dropdown to be provided) (A18) Whether any project/institution is run by the assessee? (Yes/No) If Yes, then please furnish the details: Details of the projects/institutions run by you Sl. 1 2 3 4 Name of the project/institution (see instruction) Nature of activity (see instruction) Classification (see instructions) (A19) Details of registration/provisional registration or approval under the Income-tax Act (Mandatory, if required to be registered)....
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.... of the representative (2) (3) Capacity of the Representative (drop down to be provided) Address of the representative (4) Permanent Account Number (PAN)/Aadhaar No. of the representative Whether you are Partner in a firm? (Tick) ▼ ☠Yes ☠No Name of Firm If yes, please furnish following information Whether you have held unlisted equity shares at any time during the previous year? ☠No If yes, please furnish following information in respect of equity shares PAN (Tick) Yes Opening balance Shares acquired during the year Shares transferred during the year Closing balance Issue Name of company Type of the company price Purchase PAN No. of shares Cost of acquisition No. of shares Date of subscription / purchase Face per value share per (in share case of fresh price per share (in case of purchase from existing shareholder) No. of shares Sale considerat ion No. of shares Cost of acquisition issue) la 1b 2 3 4 5 6 7 8 9 10 11 12 13 Where, in any of the projects/institutions run by you, one of the charitable purposes is advancement of any other object of general public utility then,- a i Whet....
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....ct other than the Income-tax Act, mention the Act, section and date of furnishing the audit report? Act and section (DD/MM/YY) Act and section (DD/MM/YY) (A29) i. Particulars of persons who were members in the AOP on 31st day of March, 2023 (to be filled by venture capital fund/ investment fund) B Sl. Name and Address No Percentage of share (if determinate) PAN Aadhaar Number/ Enrolment Id (if eligible for Aadhaar) Status (1) (2) (3) (4) (5) (6) ii Particulars regarding the Author(s)/ Founder(s) / Trustee(s) / Manager(s), etc., of the Trust or Institution [to be mandatorily filled in by all persons filing ITR-7 A Sl. Details of all the Author (s)/ Founder (s)/ Settlor (s)/Trustee (s)/ Members of society/Members of the Governing Council/Director (s)/ shareholders holding 5% or more of shareholding / Office Bearer (s) at any time during the previous year Name Relatio Percentage Of Whether Resident n shareholding in case of shareholder of India? Unique Identificatio n Number ID Code Address Mobile number E- mail addre SS In case if any of persons (as mentioned in row A above) is not an individual then provide the following details....
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....posited in the modes specified in section 11(5) out of 11 in the modes other than specified in section 11(5) out of 11 (if applicable) Amount which is not utilized during the period of accumulation (if applicable) Amount deemed to be income within meaning of sub- section (3) of section 11 (if applicable) (11)=7-8-9- 10 (12) (13) (14) (15)=9+10+13+14 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Total 42 Schedule IA FY THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] Details of accumulated income taxed in earlier assessment years as per section 11(3) AY Assessment year in which the amount referred at Col 6 of Schedule I was taxed (Figures in Rs.) Year of accumulation (F.Yr.) 2016-17 2017-18 2018-19 2019-20 2020-21 2018-19 2019-20 2020-21 2021-22 2022-23 Total (F) (A) (B) (C) (D) (E) (A+B+C+D+E) Schedule D Details of deemed application of income under clause (2) of Explanation 1 to sub-section (1) of section 11. Year in which income is deemed to be applied (F.Yr.) Amount deemed to be applied during the previous year of deeming Reason of deeming application income has not been ....
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....ived for the renovation or repair of places notified u/s 80G(2)(b) on or after 01.04.2020 (ii.) Other than (i) above received on or after 01.04.2021 (iii.) Other than (i) and (ii) above Total as application) (1) (2) (3) (4) (5) (6) (7)=(1+2+5-3) (8) (9) (10)=7-8-9 Details of loan and borrowings Amount of repayment of Loan & Borrowings Opening Balance Applied for the objects of the As on 01.04.2022 (1) taken for applications towards objectives during the year (2) trust or institution during the year (3) loan or borrowing during the year (which was earlier applied and not claimed as application) (4) B Details of corpus investment/deposits made under section 11(5) as on 31.03.2023 Investment out of Financial year in which (4) was applied earlier (5) Total Repayment of loan or borrowing during the year (6) Closing Balance as on 31.03.2023 (7) (1+2-6=7) SI No (1) (2) Mode of investment as per section 11(5) Amount of investment (3) 4 Name and address of the concern Whether the concern is a company (tick as applicable ☑ (1) (2) (3) i ☠Yes ☠No ii ☠Yes ☠No i ii corpus represe....
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....tion and required to be applied in FY 2023-24 onwards f Any other reserve (Specify the nature) i Specify the nature ii Specify the nature iii Total (ai + aii.) g Total fund (a+b+c+d+e+f) 2 Loan and Borrowings a Secured loans i i 1 fiii 1g a b Unsecured loans (including deposits) b 2c 3 4 c Total Loan Funds (a+b) 3 Advances 4 Sources of funds (1g + 2c+3) B Application of funds 1 Fixed assets 2 a Gross Fixed Assets b Depreciation c Net Fixed Assets (1a-1b) Investments 3 Current assets, loans and advances a Current assets i Inventories ii Sundry Debtors iii Cash and bank balances la 1b 1c 2 APPLICATION OF FUNDS I ii A Balance with banks iiiA B Cash-in-hand iiiB C Others iiiC D Total Cash and cash equivalents (iiiA + iiiB + iiiC) iiiD iv Other Current Assets iv V Total current assets (i+ii + iiiD + iv) av b Loans and advances c Total (av+ b) d Current liabilities and provisions Current liabilities B C i A Sundry Creditors B Other payables C Total (A+B) ii Provisions iii Total (iC + ii) eNet Current Assets (3c - 3diii) 4 Accumulated balance/ Any other reserve (deficit) 5 Total, application of funds (1+2+3e+4) A B iC....
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....ncluding name and address of the person who has made such contribution) were maintained? (tick as applicable ☑) ☠Yes ☠No ☠Yes ☠No 6 Whether any donation exceeding two thousand rupees was received otherwise than by an account payee cheque or account payee bank draft or use of electronic clearing system through a bank account or through electoral bond? (tick as applicable ) ☠Yes ☠No 7 Please furnish the following information:- a b Total voluntary contributions received by the party during the F.Y. (bd) Aggregate value of all the voluntary contributions received upto Rs. 20,000 during the F.Y. 7a 7b ci Aggregate value of all the voluntary contributions received upto Rs. 2,000 in cash during the F.Y. 7ci cii Aggregate value of all the voluntary contributions received upto Rs. 2,000 other than in cash during the F.Y. 7cii d Aggregate value of all the voluntary contributions received more than Rs. 20,000/- during the F.Y. 7d Schedule ET Electoral Trust 1 2 ELECTORAL TRUST Whether books of account were maintained? (tick as applicable ☑) Whether record of each voluntary contribution (including name, ad....
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....ation or repair of places notified u/s Bia 80G(2)(b) b Corpus other than above Bib ii Other than corpus donation Bii iii Foreign contribution (Bi + Bii) Biii C iv Specify the purpose for which foreign contribution has been received Total Contributions (Aiii + Biii) Biv Free text box C ᎠAnonymous donations, chargeable u/s 115BBC [Applicable to assessee claiming exemption u/s 11 or 10(23C)(iv) or 10(23C)(v) or 10(23C)(vi) or 10(23C)(via) or 10(23C)(iiiad) or 10(23C)(iiiae)] i Aggregate of such anonymous donations received i ii 5% of total donations received at Sl. No C+Di or 1,00,000 whichever is higher ii iii Anonymous donations chargeable u/s 115BBC @ 30% (i – ii) - iii Schedule AI 1 Aggregate of income derived during the previous year excluding Voluntary contributions [to be filled by assesses claiming exemption u/s 11 and 12 or u/s 10(23C)(iv) or 10(23C)(v) or 10(23C)(vi) or 10(23C)(via)] Receipts from main objects 2 Receipts from incidental objects 3 Rent AGGREGATE OF INCOME 4 Commission 5 Dividend income 6 Interest income 7 Agriculture income 8 9 Net consideration on transfer of capital asset Any other income (sp....
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....capital application in Row A Income derived from the property/income earned during previous year (Excluding corpus) 9 7 8 C C 1 1 2 Income accumulated as under section 11(2) or third proviso to section 10(23C) in earlier years 2 3 Income deemed to be applied in any preceding year under clause 2 of Explanation 1 of section 11(1) (applicable only when exemption is claimed u/s 11 and 12) 3 4 Income of earlier years upto 15% accumulated or set apart 4 5 Corpus 5 6 Borrowed Fund 6 7 Any other (Please specify) 7 ᎠE Total Amount applied during the previous year [A12-B-C2-C3-C4-C5-C6-C7] Amount which was not actually paid during the previous year out of D D E F G Amount actually paid during the previous year which accrued during any earlier previous year but not claimed as application of income in earlier previous year Total amount to be allowed as application (G=D-E+F) F G Schedule IE- 1 Income and Expenditure statement [Applicable for assessees claiming exemption under sections 10(21), 10(22B), 10(23AAA), 10(23B), 10(23D), 10(23DA), 10(23EC), 10(23ED), 10(23EE), 10(23FB), 10(29A), 10(46), 10(47) 1 Total receipts including any volunta....
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.... No. of Tenant(s) (if PAN/TAN/Aadhaar No. of Tenant(s) available) (if TDS credit is claimed) Let out out) Deemed let out I II Gross rent received or receivable or letable value (higher of the two, if let out for la a whole of the year, lower of the two, if let out for part of the year) b The amount of rent which cannot be realized 1b HOUSE PROPERTY Ñ Tax paid to local authorities 1c d Total (1b + 1c) e Annual value (1a – 1d) f 30% of le g Interest payable on borrowed capital h Total (1f1g) 1f 1g i Arrears/Unrealised rent received during the year less 30% j Income from house property 1 (1e – 1h + 1i) 2 Address of property 2 Town/City le 1h li 1j State Country PIN Code/ Zip Code Is the property co-owned? Yes ☠No (if "YES" please enter following details) Assessee's percentage of share in the property PAN/Aadhaar No. of Co-owner(s) Percentage Share in Property (optional) 1d Name of Co-owner(s) I II Tick the applicable Name(s) of option] Tenant (if let PAN/Aadhaar No. of Tenant(s) (Please see note) PAN/TAN/Aadhaar No. of Tenant(s) (Please see note) Let out out) ☠Deemed let out I II [à¤à¤¾à¤....
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....nishing of PAN/Aadhaar No. 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. Ale 2 From slump sale A i Fair market value as per rule 11UAE(2) 2ai ii Fair market value as per rule 11UAE(3) 2aii iii Full value of consideration (higher of ai or aii) 2aiii B Net worth of the under taking or division 2b C Short term capital gains from slump sale (2aiii-2b) A2c 3 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)(b)(ii) proviso (for FII) a Full value of consideration За b Deductions under section 48 I Cost of acquisition without indexation bi Ii Cost of Improvement without indexation bii Iii Expenditure wholly and exclusively in connection with biii transfer Iv Total (iiiiii) biv Ñ Balance (3a - biv) 3c 49 50 50 THE GAZETTE OF INDIA : EXTRAORDINARY 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 d dividend/income/bonus units ar....
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.... shares aii iii Total (ic + ii) B Deductions under section 48 aiii i Cost of acquisition without indexation bi ii Cost of Improvement without indexation bii iii Expenditure wholly and exclusively in connection with biii transfer iv Total (i+ii + iii) biv C Balance (6aiii – biv) 6c 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 D months prior to record date and dividend/income/bonus units are received, then loss arising out of sale of such asset to be ignored (Enter positive value only) 6d f Deduction under section 54D/54G/54GA бе 6f A5e 7 E Deemed short term capital gains on depreciable assets g STCG on assets other than at A1 or A2 or A3 or A4 or A5 above (6c + 6d + 6e - 6f) Amount deemed to be short term capital gains a Whether any amount of unutilised 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? A6g [à¤à¤¾à¤— II -खणà¥à¤¡ 3 ( i ) ] Long-term Capital Gains 9 SI. i b 8 Previous year in which asset transferred 2019-20 ....
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....exation (a)Cost of improvement (b)Year of improvement bi biia biib A7 A8 A9a A9b A10 (c)Cost of Improvement with indexation Add row iii Expenditure wholly and exclusively in connection with transfer iv Total (biia + biib + biii) biii biv c Balance (aiii – biv) 1c d Deduction under section 54D/54EC/54G/54GA (Specify details in item D below) 1d Ble e Long-term Capital Gains on Immovable property (1c - 1d) fIn case of transfer of immovable property, please furnish the following details (see note) S.No. Name of buyer(s) PAN/ Aadhaar No. of buyer(s) Percentage share Amount Address of property, Country code, Zip code Pin code State NOTE Furnishing of PAN/Aadhaar No. 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. 2 From slump sale i Fair market value as per rule 11UAE(2) 2ai a ii Fair market value as per rule 11UAE(3) 2aii iii Full value of consideration (higher of ai or aii) 2aiii b Net worth of the under taking or division 2b e Balance (2aiii – 2b) 2c 51 52 3 4 THE GAZET....
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.... Long-term Capital Gains on assets at 7 above in case of NON- REESIDENT (aiii-biv) B7c For NON-RESIDENTS - From sale of equity share in a company or unit of 8 equity oriented fund or unit of a business trust on which STT is paid under section 112A Long-term Capital Gains on sale of capital assets at B8 9 From sale of assets where B1 to B8 above are not applicable a In case assets sold include shares of a company other than i 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 manner ib ic Ñ 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) B8 [à¤à¤¾à¤— II -खणà¥à¤¡ 3 ( i ) ] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण ii iii Full value of consideration in respect of assets other than aii unquoted shares Total (ic + ii) aiii b Deductions under section 48 i |Cost of acquisition with indexation bi ii Cost ....
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....al Digital Assets (Item No. B of Schedule VDA) C1 C2 C3 C3 Income chargeable under the head “CAPITAL GAINS†(C1 + C2) Information about deduction claimed against Capital Gains D 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 Amount deposited in Capital Gains Accounts Scheme iv aiv before due date V Amount of deduction claimed av b Deduction claimed u/s 54EC i Date of transfer of original asset bi dd/mm/yyyy Amount invested in specified/notified bonds ii bii (not exceeding fifty lakh rupees) iii Date of investment biii dd/mm/yyyy iv Amount of deduction claimed biv ☠c Deduction claimed u/s 54G i Date of transfer of original asset 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 iv Amount deposited in Capital Gains Accounts....
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....Acquisition (In case of gift; (Business/Capital Gain) (Col. 2) (Col. 3) (Col. 4) a. Enter the amount on which tax is paid u/s 56(2)(x) if any b. In any other case cost to previous owner) (Col. 5) (Col. 1) Add Rows Consideration Received Income from transfer of Virtual Digital Assets (enter nil in case of loss) (Col. 6 - Col. 5) (Col. 6) (Col. 7) [à¤à¤¾à¤— II- -खणà¥à¤¡ 3 ( i ) ] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण A. Total (Sum of all Positive Incomes of Business Income in Col. 7) B. Total (Sum of all Positive Incomes of Capital Gain in Col. 7) Schedule OS Income from other sources 1 Gross income chargeable to tax at normal applicable rates (1a+ 1b+ 1c+ 1d + 1e) a Dividends, Gross (ai+aii) OTHER SOURCES la i Dividend income other than (ii) Dividend income u/s 2(22)(e) ii ai aii b Interest, Gross (bi + bii + biii + biv + bv) 1b i From Savings Bank bi ii From Deposits (Bank/ Post Office/ Co- operative Society) bii iii From Income-tax Refund biii In the nature of Pass-through iv biv income/Loss v Others by c ....
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....oreign cviii chargeable u/s ix Currency 115A(1)(a)(iii) Income from royalty or fees for technical services received from Government or Indian concern chargeable u/s 115A(1)(b) Income by way of interest from bonds ix x purchased in foreign currency by non-ex residents chargeable u/s 115AC xi xii xiii Income by way of dividends from GDRs purchased in foreign currency cxi by non-residents chargeable u/s 115AC - Income received by an FII in respect of securities (other than units referred to in section 115AB) chargeable u/s 115AD(1)(i) cxii Income received by an FII on bonds or Government securities referred to in cxiii section 194LD - chargeable as per proviso to section 115AD(1)(i) Income received by non-residents d e xiv sportsmen or sports chargeable u/s 115BBA associations exiv [PART II-SEC. 3(i)] No. 2a, 2c & 2d in Sl. Amount Item Country Article Rate as per Whether Section of No.1ai, name and of Treaty TRC income 1b to 1d, Code DTAA (enter NIL, obtained if not (Y/N) chargeable) Pass through income in the nature of income from other sources chargeable at special rates (drop down to be provided) Amount included in 1 and 2 above, whi....
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....d profession? ☠Yes ☠No (if "yes" please enter following 1 Nature of Business or profession (refer to the instructions) 2 Number of branches Method of accounting employed in the previous year (Tick) ☑ 3 cash (Tick) ☑ 1 2 mercantile 3 4 4 Is there any change in method of accounting Yes Effect on the profit because of deviation, if any, in the method of accounting 5 employed in the previous year from accounting standards prescribed under section 145A 6 Method of valuation of closing stock employed in the previous year 5 10 6 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) ப ба 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) ☠6b Is there any change in stock valuation method (Tick) â–¼ ☠Yes 6c Ñ No d Effect on the profit or loss because of deviation, if any, from the method of valuation prescribed under section 145A 6d Schedule BP Computation of income from business or profession INCOME FROM BUSINESS OR PROFESSION A From business or profession other t....
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....ncome under section 41 19 19 20 Deemed income under section 32AC/ 32AD/ 33AB/ 33ABA/35ABA/ 35ABB/ 35AC/ 40A(3A)/ 33AC/ 72A 20 21 Deemed income under section 43CA 21 22 Any other item of addition under section 28 to 44DB 22 23 Any other income not included in profit and loss account/any other expense not allowable (including income from salary, commission, bonus and interest from firms in which company is a partner) 23 24 |Total (13+ 14 + 15 + 16 + 17 + 18 +19 +20 +21+22 +23) 24 25 Deduction allowable under section 32(1)(iii) 26 Amount allowable as deduction under section 32AC 25 26 27 Amount of deduction under section 35 or 35CCC or 35CCD in excess of the amount debited to profit and loss account (if amount deductible under section 35 or 35CCC or 27 |35CCD is lower than amount debited to P&L account, it will go to item 23) 28 Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year 28 29 Any amount disallowed under section 43B in any preceding previous year but allowable during the previous year 29 30 30 Any other amount allowable as deduction 31 Decrease in profit or increase in loss on ac....
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....®•à¯2 No. Details of Income after set-off of current years losses Head/Source of Income Income of current year (Fill this column only if income is zero or positive) House property loss of the current year set off Total loss (4 of Schedule -HP) 2 Business Loss (other than speculation or specified business loss) of the current year set off Total loss ((2v of item E) of Schedule-BP) 3 Other sources loss (other than loss from race horses) of the current year set off Total loss (6 of Schedule-OS) 4 Current year's Income remaining after set off 5=1-2-3-4 1 Loss to be adjusted -> i House property Business (excluding speculation income and ii income from specified business) iii Speculation income iv > Vi Specified business income u/s 35AD Short-term capital gain taxable @15% Short-term capital gain taxable @30% Short-term capital gain Vii taxable at applicable rates Short-term capital gain viii taxable at special rates ix ☑ |in India as per DTAA Long term capital gain taxable@ 10% Long term capital gain taxable @ 20% Long term capital gains Xi taxable at special rates in India as per DTAA Net Income from ....
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....R purchased in foreign currency ☠10 12 115BB (Winnings from lotteries, puzzles, races, games etc.) ☠30 13 115BBH- Tax on Income from Virtual Digital asset (i) Income under head business or profession ☠30 (3d of Schedule BP) à¤à¤¾à¤— II- -खणà¥à¤¡ 3 ( i ) ] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 61 ☠30 (C2 of Schedule CG) ☠60 â˜ â˜ ã… 15 30 14 15 16 (ii) Income under head Capital gain 115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D) Any other income chargeable at special rate (Please choose from drop down menu) Income from other sources chargeable at special rates in India as per DTAA 17 Income in the nature of Short Term Capital Gain chargeable @ 15% 18 Pass through Income in the nature of Short Term Capital Gain chargeable @30% 19 Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10% 20 Pass Through Income in the nature of Long Term Capital Gain chargeable @ 20% 21 Pass through Income in the nature of Long Term Capital Gain chargeable @ 10%....
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.... 7 Total (total of Sl. No. 1 to 6) 62 THE GAZETTE OF INDIA: EXTRAORDINARY Schedule FSI Details of Income from outside India and tax relief (available only in case of resident) Sl. Country Taxpayer Sl. Head of income Income from INCOME FROM OUTSIDE INDIA AND TAX RELIEF Code Identification Number Tax payable on outside India (included in PART B-TI) Tax paid outside India such income under normal provisions in India (a) (b) (c) (d) i House Property Business or ii Profession iii Capital Gains iv Other sources Total i House Property Business or ii Profession iii Capital Gains [PART II-SEC. 3(i)] Tax relief available in India (e)= (c) or (d) whichever is lower (e) Relevant article of DTAA if relief claimed u/s 90 or 90A (f) NOTE Schedule TR 1 iv Other sources Total Please refer to the instructions for filling out this schedule. Summary of tax relief claimed for taxes paid outside India (available only in case of resident) Details of Tax relief claimed Country Code Taxpayer Identification Number Total taxes paid outside India (total of (c) of Schedule FSI in respect of each country) (a) (b) (c) Total tax relief availab....
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....31st December, 2022 A3 Sl Countr Country No y name code Peak value Closing Total gross Name of entity Address ZIP Nature Date of Initial of entity code of entity acquiring value of of the the investment interest investment during the period value Total gross proceeds amount paid/credited from sale or with respect redemption of to the holding investment during the during the period period (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (i) (ii) A4 Details of Foreign Cash Value Insurance Contract or Annuity Contract held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2022 Sl Countr Country No y name code Name of financial institution in which insurance contract held Address of ZIP code Date of contract financial institution The cash value or surrender value of the contract Total gross amount paid/credited with respect to the contract during the period (1) (2) (3) (i) (4) (5) (6) (7) (8) (9) Date since held owner/ (ii) B Details of Financial Interest in any Entity held (including any beneficial interest) at any time during the calendar year ending....
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....rustee, beneficiary or settlor ☠SI Count Zip Name and Name and Name Name and Date since Whetherived If (8) is If (8) is yes, Income offered in 64 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] Name and code the trust trustees address Beneficiaries held is taxable in Income Amount Schedule Item of Settlor your hands? derived from the where number offered trust of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) G 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 Count SI ry Name Whether No Zip Code Name and address of the person from whom derived Income derived this return Amount Schedule Nature of income and taxable in your hands? code Item where number offered of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (i) (ii) NOTE Please refer to instructions for filling out this schedule. SCHEDULE SH SHAREHOLDING OF UNLISTED COMPANY If you are an unlisted company, please furnish the following details;- Details of sh....
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....¤ का राजपतà¥à¤° : असाधारण i Amount applied during the previous year [Excluding application from borrowed fund, deemed application, previous year accumulation upto 15% etc, i.e. not from the income of prev. year] [Sr.no. G from Schedule A] 6i 6ii ii iii Repayment of loan during the previous year- [Sr.no. 4 of table A2 of Schedule J] Amount applied during the previous year- invested or deposited back into specified mode of Corpus fund (disallowed earlier on application of fund for object of trust/institution) invested or deposited back, into one or more of the forms or modes specified in Section 11(5) maintained specifically for such corpus, from the income of that year and to the extent of such investment or deposit [Sr.no. 4 of table Al of Schedule J] 6iii iv Amount deemed to have been applied during the previous year as per clause (2) of Explanation to section 11(1) 6iv A If (iv) above applicable, whether option in Form No. 9A has been furnished to the Assessing Officer A B B If yes, date of furnishing Form No. 9A (DD/MM/YYYY) Amount accumulated or set apart for application....
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....rgeable at special rates in India as per DTAA (9viii of item E of schedule CG) Biii Bi Biv Total Long-term (Bi + Bii + Biii) (enter nil if loss) V C ᎠSum of Short-term/Lon g-term capital gains (Av+Biv) (enter nil if loss) Capital gain chargeable @ 30% u/s 115BBH (C2 of schedule CG) 10iiiC 10iiiD E Total capital gains (C + D) 10iiiE iv Income from other sources [as per item No. 9 of Schedule OS] 10iv V Total (10i + 10ii + 10iiiE + 10iv) 10v 11 Gross income (9+10) 11 12 Losses of current year to be set off against 10v (total of 2xiv, 3xiv and 4xiv of Schedule CYLA) 12 65 65 66 [PART II-SEC. 3(i)] THE GAZETTE OF INDIA: EXTRAORDINARY 13 Total Income (11-12) 13 14 Income which is included in 13 and chargeable to tax at special rates (total of col. (i) of schedule SI) 14 15 Anonymous donations, included in 13, to be taxed under section 115BBC @ 30% (Diii of Schedule VC) 15 16 Income chargeable u/s 115BBI, included in 13, to be taxed @ 30% (Sl.No 7 of Schedule 115BBI) 16 - Part B2 Applicable if exemption is being claimed under section 13A/13B and under sections 10(21), 10(22B), 10(23A), 10(23AAA), 10(23B), 10(23EC), 10(23ED), 10(23E....
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....edule SI) 11 13 Net Agricultural income for rate purpose 13 14 Aggregate Income (10-11-12+13) [applicable if (10-11-12) exceeds maximum amount not chargeable to tax] 14 15 Income chargeable at maximum marginal rates 15 Part B3- Applicable if total income chargeable to tax u/s twenty-second proviso to section 10(23C) or section 13(10) I. If yes in Sl. No. A(26) of Part A-General, specify the reason why the provisions of twenty-second proviso to Clause (23C) of section 10 or sub-section (10) of section 13 are applicable? (a) Provision of proviso to clause (15) of section 2 is applicable Yes/No (b) Condition specified in clause (a) of tenth proviso to 10 (23C) / sub-clause (i) of clause (b) of sub-section (1) of section 12A have been violated Yes/No (c) Condition specified in clause (b) of tenth proviso to 10 (23C)/ sub-clause (ii) of clause (b) of sub-section (1) of section 12A have been violated Yes/No (d) Condition specified in twentieth proviso to 10(23C)/ clause (ba) of sub-section (1) of section 12A have been violated Yes/No 1 Total Income for the previous year other than Sl. No. 7 2 Total Expenditure incurred in India, for the objects of the ass....
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....tion 10(23C) read with section 80G(2)(b) Amount in Rs (vi) Total Additions (i)+(ii)+(iii)+(iv)+(v)+(vi) Amount in Rs 5 Income chargeable u/s 11(4) Amount in Rs 6 Sum total [(1-2+3x)+4vi+5)] Amount in Rs 7 Income not forming part of item No. 6 above i Income from house property [ 4 of Schedule HP] (enter nil if loss) Amount in Rs. ii iii Profits and gains of business or profession [as per item No. D48 of schedule BP] Income under the head Capital Gains Amount in Rs. a Short term ai aii Short-term chargeable @ 15% (9ii of item E of schedule CG) Short-term chargeable @ 30% (9iii of item E of schedule CG) Amount in Rs. Amount in Rs. aiii aiv Short-term chargeable at applicable rate (9iv of item E of schedule CG) Short-term chargeable at special rates in India as per DTAA (9v of item E of Schedule CG) Amount in Rs. Amount in Rs. av Total Short-term (ai + aii + aiii + aiv) (enter nil if loss) Amount in Rs. b Long term bi Long-term chargeable @ 10% (9vi of item E of schedule CG) Amount in Rs. bii Long-term chargeable @ 20% (9vii of item E of schedule CG) Amount in Rs. biii Long-term chargeable at special rates in India as per DTAA (9viii of ....
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....dule TR) Ñ Total (5a+5b) 6 Net tax liability (4-5c) 5a 5b 5c 6 7 Interest and fee payable a Interest for default in furnishing the return (section 234A) 7a b Interest for default in payment of advance tax (section 234B) 7b Ñ d Interest for deferment of advance tax (section 234C) Fee for default in furnishing return of income (section 234F) 7c 7d e Total Interest and Fee Payable (7a+ 7b+ 7c+ 7d) 8 Aggregate liability (6 + 7e) 9 Taxes Paid 7e 8 a Advance Tax (from column 5 of 15A) b TDS (total of column 9 of 15B) Ñ TCS (total of column 7(i) of 15C) 9a 9b 9c 9d d Self-Assessment Tax (from column 5 of 15A) e Total Taxes Paid (9a+ 9b+ 9c+ 9d) 10 Amount payable (Enter if 8 is greater than 9e, else enter 0) 11 Refund(If 9e is greater than 8) (refund, if any, will be directly credited into the bank account) 9e 10 11 12 Net tax payable on 115TD income including interest u/s 115TE (Sr.no. 12 of Schedule 115TD) 12 13 Do you have a bank account in India (Non- Residents claiming refund with no bank account in India may select No) Select Yes or No a) Details of all Bank Accounts held in India at any time during the previous year (exc....
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....eceipts/ withdrawals offered TDS credit being carried forward Gross Head Year (only if corresponding income is being offered for tax this year), not applicable if TDS is deducted u/s 194N) Claimed Claimed in the hands in own of any other person as Amount of hands per rule 37BA(2) (if Income any other person as per rule 37BA(2) (if applicable) applicable) (1) (2) (3) (4) (5) (6) (7) (8) Income TDS (9) (10) (11) (12) (13) Income TDS PAN/ Aadhaar i PAN of other Person (if TCS credit related to Details of Tax Collected at Source (TCS) [As per Form 27D issued by the Collector(s)] TCS credit C SI. No. relating to self /other person [as per rule 37- I] Tax Deduction and Tax Collection Account Number of the Collector Unclaimed TCS brought TCS of the current fin. forward (b/f) Year Fin. Year Amount b/f Collected Collected in in which in own the hands of collected TCS credit being claimed this Year TCS credit being carried forward hands any other TCS other person) applicable) (1) 2(i) (2)(ii) (3) (4) (5) 6(i) (6)(ii) 7(i) (8) TCS PAN i person as per rule 37-1 (if in own hands Claimed in the hands o....