TaxTMI 
TaxTMI 
Income-tax (Second Amendment) Rules, 2023
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....NFORMATION '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, then please furnish the details: Details of the projects/institutions run by you Sl. 1 2 3 Name of the project/institution (see instru....
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....˜ 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) â–¼ ☠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 purchase from existing shareholder) No. of shares Sale considerat ion No. of shares Cost of acquisition ☠"" """""" (A2 I 3) Where, in any y of the projects/institutions run by you, one of the charitable purposes is advancement of any other object of general public utility then....
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....ction 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 during the previous year Name Relatio Percentage Of Whether Resident n shareholding of India? Unique Identificatio n Number ID Code Address Mobile E- number mail addre in case of SS shareholder In case if any of persons (as mentioned in row A above) is not an individual then provide the following details of the natural persons who are beneficial owners (5% or more) of such person at any time during the previous....
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....thin 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) (E) (A+B+C+D+E) Details of deemed application of income under clause (2) of Explanation 1 to sub-section (1) of section 11. Schedule D 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 received during that year any other reason Out of the deemed application claimed, amount required to be applied Amount taxed in any earlier assessment year(s) Out of the deemed application claimed, amount required to be applied during the financial year pertaining to current Assessment year 1 Amount of deemed application claimed in e....
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....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) Name and address of the concern Whether the concern is a company (tick as applicable ☑ (1) (2) (3) j ☠Yes ☠No i ii corpus representing donation donations received for the renovation or repair of places notified u/s 80G(2)(b) on or after 01.04.2020 ii. Corpus other than (i) above received on or after 01.04.2021 iii Other than (i) and (ii) above Mode of investment as per section 11(5) Amount of investment (3) 4 Dropdown to be provided (Please specify the nature) Investment held at any time during the previous year (s) in concern (s) in which persons referred to in section 13(3) and 21st Proviso of Section 10(23C) have a substantial interest iv TOTAL C SI. No. Income from the investment Whether the amount in col (6) exceeds 5 percent of the capital of the concern during the previous year (tick as applica....
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....iB + iiiC) iiiD iv Other Current Assets iv V Total current assets (i+ii + iiiD + iv) av B C b Loans and advances c Total (av+b) d Current liabilities and provisions i Current liabilities A Sundry Creditors B Other payables C Total (A+B) ii Provisions iii Total (iC + ii) e Net Current Assets (3c - 3diii) 4 Accumulated balance/ Any other reserve (deficit) 5 Total, application of funds (1+2+3e+4) A B iC ii diii 3e 4 5 6 6 Out of 5, Investment made in modes specified u/s 11(5) 7 Out of 5, Investment made in modes other than specified u/s 11(5) Schedule R Reconciliation of Corpus of Schedule J and Balance sheet Particulars Corpus out of the donations received for renovation or repair of places notified u/s 80G(2)(b) on or after 01.04.2020 Other corpus 7 received on or after 01.04.2021 Corpus other than (a) and (b) A. Closing balance as on 31.03.2023 as per Schedule J (1) (2) (3) à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] B. Reasons of difference (+/-) (Bi+Bii+Biii) i) Purchase of fixed asset ii) Depreciation iii) Any other reason (Please specify) C. Closing balance as on 31.03.2023 as per à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : ....
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....oluntary 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, address and PAN of the person who has made such contribution along with the mode of contribution) were maintained? (tick as applicable ☑) ☠Yes ☠No ☠Yes ☠No 3 Whether record of each eligible political party to whom the distributable contributions have been distributed (including name, address, PAN and registration number of eligible political party) was maintained? (tick as applicable ☠Yes ☠No (四 4 Whether the accounts have been audited as per rule 17CA(12)? (tick as applicable ☑ ☠Yes ☠No If yes, date of audit report in Form No.10BC (DD/MM/YYYY) 5 Whether the report as per rule 17CA(14) furnished to the Commissioner of Income-tax or Director of Income-tax? (tick as applicable ☑) ☠Yes ☠No Details of voluntary contributions received and amounts distributed during the 6 year 46 46 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] I Opening balan....
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....ome 6 Interest income 7 8 Agriculture income Net consideration on transfer of capital asset 9 Any other income (specify nature and amount) 1 2 3 4 5 6 7 8 Nature Amount Pass through income/Loss (Fill schedule A a PTI) B b C Ñ áŽ d E Total (9a+ 9b+ 9c +9d) e 9e 10 Total (1+ 2+ 3+ 4+ 5+ 6+8+9) 10 à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 47 Schedule A A Amount applied to stated objects of the trust/institution during the previous year from all sources referred to in C1 to C7 of this table- [to be filled by assessee 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)] Application towards the expenditure of the trust/institution Revenue Capital Total 1 Donation to trust or institution registered u/s 12AB or approved u/s 10(23C)(iv)/(v)/(vi)/(via)– Other than Corpus 1 2 3 Religious Relief of poor 2 3 4 Educational 4 5 Yoga 5 6 7 Medical relief Preservation of environment 6 7 8 Preservation of monuments etc. 8 9 General public utility 9 10 Application which cannot be specifically identifie....
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....n of income towards object of the institution 2 3 Accumulation of income 3 Schedule IE-2 Income and Expenditure statement [Applicable for assessee claiming exemption under sections 10(23A), 10(24)] 1 Total receipts including any voluntary contribution 1 A 2 Application of income towards object of the institution 2 3 Accumulation of income 3 B 1 Do you have any income which is taxable? If Yes Please provide details (Tick)✓ ☠Yes ☠No 48 48 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] a Income from House Property? (If yes, Please fill Schedule HP) la ☠Yes ☠No b Income from Business or Profession (If yes, Please fill Schedule BP) 1b ☠Yes ☠No C Income from Capital gains (If yes, Please fill Schedule CG) 1c ☠Yes Î ÎΟ d Income from other Sources (If yes, Please fill Schedule OS) 1d ☠Yes ☠No Schedule IE-3 1 Income and Expenditure statement [applicable for assessee claiming exemption under sections 10(23C)(iiiab) or 10(23C)(iiiac)] (please fill up address for each institution separately): Objective of the institution (drop down to be provided - Educational / Medical) 1 2 Addresses where activity is carrying out 2 ....
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....ved/ receivable/letable value (higher of the two, if let out for whole of the year, lower of the two, if let out for part of the year) 2a b The amount of rent which cannot be realized 2b Ñ Tax paid to local authorities 2c 2d d Total (2b+2c) e Annual value (2a – 2d) f 30% of 2e g Interest payable on borrowed capital h Total (2f+2g) 2f 2g i Arrears/Unrealised rent received during the year less 30% j Income from house property 2 (2e − 2h + 2i) 3 Pass through income/Loss if any * Income under the head "Income from house property" (1j +2j+3) 4 (if negative take the figure to 2i of schedule CYLA) NOTE Furnishing of PAN/Aadhaar No. 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-I. 2e 2h 2i 2j 3 4 Schedule CG Capital Gains A Short-term Capital Gains (STCG) (Sub-items 4 and 5 are not applicable for residents) 1 From sale of land or building or both (fill up details separately for each property) (in case of co- ownership, enter your share of capital gain) CAPITAL GAINS Short-term Capital Gains Date of purchase/ DD/MM/YYYY Date of sale/transfer acquisition a ii i Full value of cons....
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....tment under first proviso to section 48) A3e a STCG on transactions on which securities transaction tax (STT) is paid 5 b STCG on transactions on which securities transaction tax (STT) is not paid For NON-RESIDENTS- from sale of securities (other than those at A3 above) by an FII as per section 115AD a i In case securities sold include shares of a company other than quoted shares, enter the following details A4a A4b a Full value of consideration received/receivable in respect of Junquoted 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 securities other than unquoted shares aii iii Total (icii) 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 biv iv Total (i + ii + iii) c Balance (5aiii – biv) Loss to be disallowed u/s 94(7) or 94(8)- for example if security bought/acquired within 3 months prior to record d....
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....m capital gains u/s 54D/54G/54GA, other than at 'a' Pass Through Income/Loss in the nature of Short Term Capital Gain, (Fill up schedule PTI) (A8a+A8b+A8c) a Pass Through Income/Loss in the nature of Short Term Capital Gain, chargeable @ 15% A8a Pass Through Income/Loss in the nature of Short Term Capital Gain, chargeable @ 30% A8b Ñ Pass Through Income/Loss 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 Rate as per Whether Sl. No. Amount of income Item No. A1 to A8 above in which included Country name & Code Article of DTAA Treaty (enter NIL, if not chargeable) TRC obtained (Y/N) Section of I.T. Rate as Applicable per I.T. rate [lower Act Act of (6) or (9)] (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) I II a b B Total amount of STCG not chargeable to tax in India as per DTAA Total amount of STCG chargeable to tax at special rates in India as per DTAA 10 Total Short-term Capital Gain (Ale+ A2c+ A3e+ A4a+ A4b+ A5e+ A6g+A7 + A8-A9a) Long-term capital gain (LTCG) (Sub-items 6, 7and 8 are not applicable for residents) 1 From sale of land or build....
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....112(1) is applicable a b Full value of consideration Deductions under section 48 4a Cost of acquisition without indexation bi Cost of improvement without indexation bii iii Expenditure wholly and exclusively in connection with biii transfer iv Total (bi + bii +biii) biv 4c Ñ Long Term Capital Gains on assets at B4 (4a – biv) 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 Long-term Capital Gains on sale of capital assets at B5 B5 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) LTCG computed without indexation benefit For NON-RESIDENTS- from sale of, (i) unlisted securities as per sec. 112(1)(c), 7 (ii) units referred in sec. 115AB, (iii) bonds or GDR as referred in sec. 115AC, (iv) securities by FII as referred to in sec. 115AD 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 shares B6 ia b Fair market value of unquoted shares determined in th....
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....Amount utilised out Year in which asset of Capital Gains acquired/constructed account i 2019-20 b 11 Amount not used for new asset or remained unutilized in Capital gains account (X) 54D//54G/54GA Amount deemed to be long-term capital gains, other than at ‘a' Amount deemed to be long-term capital gains (Xi + b) Pass Through Income/Loss in the nature of Long Term Capital Gain, (Fill up schedule PTI) (B11a1+11a2 + B11b) B10 B11 al Pass Through Income/ Loss in the nature of Long Term Capital Gain, chargeable @ 10% u/s 112A B11al a2 Pass Through Income/Loss in the nature of Long Term Capital Gain, chargeable @ 10% under sections other than 112A B11a2 B Pass Through Income/ Loss in the nature of Long Term Capital Gain, chargeable @ 20% B11b 12 Amount of LTCG included in items B1 to B11 but not chargeable to tax or chargeable at special rates in India as per DTAA Sl. No. Amount of income Item No. B1 to Country Article B11 above in name & of which included Code DTAA (1) (2) (3) (4) (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) I II a Total amount of ....
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....ff (9-1-2-3-4-5- 6-7-8) 15% 30% 1 2 3 applicable rate 4 DTAA rates 10% 5 6 20% 7 DTAA rates 8 9 Loss to be set off (Fill this row i if figure computed (A3e*+ A4a*+ A8a*) (A5e*+ A8b*) (Ale*+ A2c+A4b*+A6 g+A7*+48c*) A9b (B4c*+ B5*+ B7c*+ B8*+ B9e* Bllal*+Blla (Ble*+ B2e*+B3c*+B6*+ B9e*+ B10*+ Bllb*) B12b 2*) is negative) (A3e*+ A4a*+ ii 15% Short A8a*) term iii 30% (A5e*+ A8b*) capit al (Ale*+ iv gain applicable A2c*+A4b*+A6 rate g*+A7*+A8c*) DTAA > A9b rates (B4c*+ B5*+ vi Long term capit 10% al gain B7c*+ B8*+ B9e*+ Bllal*+B11a2* (Ble*+ B2e*+B3c*+B6 vii 20% *+B9e*+ B10*+ B11b*) DTAA viii ix + vi + vii + viii) B12b rates Total loss set off (ii + iii + iv + v 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 of LTCG in this table (B1e* 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. Schedule VD....
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.... by + bvi) 2b i Cash credits u/s 68 ii Unexplained investments u/s 69 iii Unexplained money etc. u/s 69A bi bii biii iv Undisclosed investments etc. u/s 69B biv v Unexplained expenditure etc. u/s 69C by vi Amount borrowed or repaid on hundi u/s 69D bvi Any other income chargeable at special rate (total of ci to c 2c cxv) Dividends received by non-resident company chargeable u/s ci i foreign 115A(1)(a)(i) Interest received from Government or ii Indian concern on foreign currency cii debts chargeable u/s 115A(1)(a)(ii) Interest received from Infrastructure iii Debt Fund chargeable u/s ciii 115A(1)(a)(iia) Interest referred to in section 194LC(1) iv civ chargeable u/s 115A(1)(a)(iiaa) @ 5% Interest referred to in Proviso to chargeable u/s cv - v section 194LC(1) 115A(1)(a)(iiaa) @4 % 2 1 55 (Item No. 3d of Schedule BP) (Item No. C2 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 Fore....
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.... + 8d) 9 Income under the head "Income from other sources" (7+8e) (take 8e as nil if negative) 8e 9 à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 10 Information about accrual/receipt of income from Other Sources From 16/6 to From 16/9 15/9 to 15/12 (ii) S. No. Other Source Income Upto 15/6 (i) Income by way of winnings from (iii) From 16/12 From 16/3 to 31/3 to 15/3 (iv) (v) 1 lotteries, crossword puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix) Dividend Income 2 3 4 referred in Sl. No. 1a(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 ye....
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....on 32(1)(ii) and 32(1)(iia) ii Depreciation allowable under section 32(1)(i) 11i 11ii (Make your own computation refer Appendix-IA of IT Rules) iii Total (11i+11ii) 12 Profit or loss after adjustment for depreciation (9+10-11iii) 11iii 12 13 Amounts debited to the profit and loss account, to the extent disallowable under section 36 13 14 Amounts debited to the profit and loss account, to the extent disallowable under section 37 14 15 Amounts debited to the profit and loss account, to the extent 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 sala....
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....n (5) of section 35AD which covers the specified business (to be selected from drop down menu) C47 Intra head set off of business loss of current year D.48 Income chargeable under the head ‘Profits and gains from business or profession' (A36+B40+C46) E Income of current year (Fill this column only if figure is Sl. Type of Business income Business loss set off Business income remaining 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 tax....
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....LTCG on equity shares/units of equity oriented fund/units of business trust on which STT is paid) 10 8 9 10 STCG chargeable 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 ....
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....iso 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 Please refer to the instructions for filling out this schedule. Summary of tax relief claimed for....
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....ls 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 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) Nature of Interest- Direct/ Beneficial Date Total since held Investment (at cost) (in owner/ (ii) B D....
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.... 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 Schedule Item where number Whether Nature of income and taxable in your hands? code (1) (2a) (2b) (3) offered of schedule (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 shareholding at the end of the previous year Name of the shareholder Residential Type of PAN status in India share Date of acquisition Number of shares held Face value per share....
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....ev. 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 of table A1 of Schedule J] 6iii 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 to charitable or religious purposes or for the stated objects of the trust/institution to the extent it does not exceed 15 per cent of income derived from property held in trust/ institution under section 11(1)(a)/11(1)(b) or in terms of third proviso to section 10(23C) [restricted to the maximum of 15% o....
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.... 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(23EE), 10(29A), 10(23C)(iiiab), 10(23C)(iiiac), 10(23C)(iiiad), 10(23C)(iiiae), 10(23D), 10(23DA), 10(23FB), 10(24), 10(46), 10(47) 1 Amount eligible for exemption under sections 10(21), 10(22B), 10(23A), 10(23AAA), 10(23B), 10(23EC), 10(23ED), 10(23EE), 10(29A) 1 2 Amount eligible for exemption under section 10(23C)(iiiab), 10(23C)(iiiac), 10(23C)(iiiad), 10(23C)(iiiae), 10(23D), 10(23DA), 10(23FB), 10(24), 10(46), 10(47) 2 Income chargeable under sectio....
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.... 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 à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण II. If yes in Sl. No. A(26) of Part A-General, please the provide computation of Income chargeable under twenty second proviso to Clause (23C) of section 10/Sub-section (10) of section 13 67 Amount in Rs. 1 Total Income for the previous year other than Sl. No. 7 2 Total Expenditure incurred in India, for the objects of the assessee, Expenditure to be disallowed Amount in Rs. Expenditure from the corpus standing to the credit of the trust or institution as on the (i) end of the financial year immediately preceding t....
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....ount 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 item E of schedule CG) Amount in Rs. biy Total Long-term (bi + bii + biii) (enter nil if loss) Amount in Rs. Ñ Sum of Short-term/Lon g-term capital gains (av+biv) (enter nil if loss) Amount in Rs. d e iv Capital gain chargeable @ 30% u/s 115BBH (C2 of schedule CG) Total capital gains (c + d) Income from other sources [as per item No. 9 of Schedule OS] Amount in Rs. Amount in Rs. Amount in Rs. V Total (7i+7ii+7iiie+7iv) Amount in Rs. 8 Losses of current year to be set off against 7v (total of 2xiv, 3xiv and 4xiv of Schedule CYLA) Amount in Rs. 9 Total Income (6+7-8) Amount in Rs. Income which is included in 9 and chargeable to tax at special rates (total of col. ....
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.... 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) i ii Select Yes or No a) Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts) IFS Code of the Bank in Name of the Bank Account Number case of Bank Accounts held SI. in India Indicate the account used for digital receipts/ payments (tick account(s) ☑) Indicate the account in which you prefer to get your refund credited, if any (tick one account for refund ☑) à¤à¤¾à¤— II -खणà¥à¤¡ 3 (i)] Note: à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 69 69 1) Minimum one account should be selected for refund credit 2) In case of refund, multiple accounts are selected for refund credit, then refund will be credited to one of the account decided by CPC after processing the return Rows can be added as required b) Non-residents, who are claiming income-tax ....
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....ny other TCS other person) Claimed person as per rule 37-1 (if applicable) in own hands Claimed in the hands of any other person as per rule 37-1 (if applicable) (1) 2(i) (2)(ii) (3) (4) (5) 6(i) (6)(ii) 7(i) (7)(ii) (8) TCS PAN i I, NOTE ▶Please enter total of column (7) (i) in 9c of Part B-TTI VERIFICATION son/daughter of solemnly declare that to the best of my knowledge and belief, the information given in the return and the schedules, statements, etc. accompanying it 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 70 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II-SEC. 3(i)] 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) Place Date Sign here →'. Document 2PERSONAL INFORMATION 38 THE GAZETTE OF INDIA: EXTRAORDINA....
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....n No. (URN) Approving/ registering Authority Date from which registration/provisional registration/ approval is effective OTHER DETAILS (A2 2) FILING STATUS [à¤à¤¾à¤— II- -खणà¥à¤¡ 3 ( i ) ] (Dropdowns to be 1 provided) 2 à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण (A20) Details of registration/provisional registration or approval under any law other than Income-tax Act (including the registration under the Foreign Contribution (Regulation) Act, 2010, registration on DARPAN portal of Niti Aayog and registration with SEBI) Sl. Law under/Portal on which registered Specify details in case 'Any other Law' Date of registration or approval Approval/ Notification/ Registration No. Approving/ registering Authority Date from which the registration is effective (Dropdowns to be 1 provided) 2 (A21) (ai) (aii) Or filed in response to notice u/s (b) Return filed u/s (Tick) [Please see instruction] 139(1)-On or before due date, ☠139(4)-After due date, ☠139(5)-Revised Return, 92CD-Modified return, â– 119(2)(b)- after condonation of delay. 139(9), 142(1), ☠148,, â....
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....vis-à -vis total receipts % If 'a' or 'b' is YES, the aggregate annual receipts from such activities in respect of that institution Sl. Name of the project/Institution Amount of aggregate annual receipts from such activities a b 39 MEMBER'S INFORMATION AUDIT INFORMATION 40 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] (A2 i Is there any change in the objects/activities during the Year on the basis of which approval/registration/provisional registration was granted? ☠Yes ☠No 4) ii If yes, please furnish following information:- A date of such change (DD/MM/YYYY) B Whether an application for fresh registration/provisional registration has been made in the prescribed form and manner within the stipulated period of thirty days as per clause (ab) of sub- section (1) of section 12A / sub-clause (v) of clause (ac) of sub- section (1) of section 12A ☠Yes ☠No C Whether fresh registration/provisional registration has been granted under section 12AB ☠Yes ☠No D date of such fresh registration/provisional registration (DD/MM/YYYY) ☠Yes ☠No (A25) Is this your first return? (A26 Whether provisions of twenty second proviso to section 10(23....
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....¤¾à¤°à¤£ Ꭰ(if available) 41 Name(s) of relative(s) of author(s), founder(s), trustee(s), manager(s), and substantial contributor(s) and where any such author, founder, trustee, manager or substantial contributor is a Hindu undivided family, also the names of the members of the family and their relatives at any time during the previous year Sl. Name and address PAN Aadhaar Number/ Enrolment Id Schedule I SCHEDULES TO THE RETURN FORM (FILL AS APPLICABLE) Details of amounts accumulated / set apart within the meaning of section 11(2) or in terms of third proviso to section 10(23C)/10(21)/10(21) read with section 35(1) Year of accumulation (F.Yr.) Amount accumulated in the year of accumulation Purpose of accumulation Amount applied for Balance Amount taxed in any Balance available for application charitable/ religious/Scientific research/social science or statistical research purposes upto the beginning of the previous year earlier assessment year(s) Amounts applied for charitable or religious /Scientific research/ social science or statistical research purpose during the previous year out of previous years' accumulation (1) 2016-17 (2) (3) (4) (5)=(2-4) (6) (7)=(5-6) (8)....
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....ier assessment years as per section 11 (1B) Assessment year in which the amount referred at Col 5 of Schedule D was taxed (Figures in Rs.) Assessment Year Prior to AY 2019-20 2019-20 2020-21 2021-22 2022-23 Total Year of accumulation (F.Yr.) (A) (B) (C) (D) (E) (F) (A+B+C+D+E) Prior to FY 2017-18 2017-18 2018-19 2019-20 2020-21 à¤à¤¾à¤— II -खणà¥à¤¡ 3(i)] Schedule J à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 43 Statement showing the funds and investments as on the last day of the previous year [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) )] A1 Details of corpus DETAILS OF INVESTMENT OF FUNDS A2 Opening Balance as Amount invested or deposited back in to Total amount invested or Financial year in on Corpus Donation 01.04.2022 (corpus not Received/Treated as corpus during the year Applied during the year corpus (which was applied till 31.03.2022) earlier applied and not claimed deposited back in to corpus which (4) was Closing Balance as on 31.03.2023 Invested in modes specified in Sec 11(5) as Am....
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....eld Nominal value of investment (1) (2) (3) (4) (5) (6) i ☠Yes ☠No ii ☠Yes ☠No iii ☠Yes ☠No iv V ☠Yes ☠No TOTAL E Voluntary contributions/donations received in kind but not converted into investments in the specified modes u/s 11(5) Value of contribution/ SI. Name and address of the No donor (1) i ii (2) donation (3) Value of contribution applied towards objective (4) Amount out of (3) invested in modes prescribed under section 11(5) (5) within the time provided Balance to be treated as income under section 11(3) (6) 44 TOTAL THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] Part A-BS SOURCES OF FUNDS CONSOLIDATED BALANCE SHEET AS ON 31ST DAY OF MARCH, 2023 A Sources of Funds 1 Own Funds a Corpus out of the donations received for renovation or repair of places notified u/s 80G(2)(b) on or after 01.04.2020 b Other corpus received on or after 01.04.2021 Ñ Corpus other than (a) and (b) d e la 1b 1c Income accumulated under third proviso to clause (23C) of section 10 or section 11(2) 1d le Balance Amount of deemed Income being exemption claimed in earlier years on account of deemed application and required to be applied in FY 202....
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....s have been audited? (tick as applicable â– ) ☠Yes ☠No If yes, furnish the following information:- a b Date of furnishing of the audit report (DD/MM/YYYY) Name of the auditor signing the audit report Ñ d e Membership No. of the auditor Proprietorship/firm registration No. Name of the auditor (proprietorship/ firm) f Permanent Account Number (PAN) /Aadhaar No. of the auditor (proprietorship/ firm) g Date of audit report 4 Whether the report under sub-section (3) of section 29C of the Representation of the People Act, 1951 for the financial year has been submitted? (tick as applicable (å›› If yes, then date of submission of the report (DD/MM/YYYY) ☠Yes ☠No 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? (tick as applicable ☑) ☠Yes ☠No ☠Yes ☠No 6 Whether any donation exceeding two thousan....
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....6iii)(As per rule 17CA) Closing balance as on 31st March (iii - vi) vii viii Schedule VC Voluntary Contributions [to be mandatorily filled in by all persons filing ITR-7] Domestic Contribution (Other than anonymous donations taxable u/s 115BBC) Corpus donation (Aia +Aib) A i Ai Corpus representing donations received for the a renovation or repair of places notified u/s Aia 80G(2)(b) b Corpus other than above Aib ii Other than corpus donation (a) Grants Received from Government Aiia Grants Received from Companies under Corporate Social (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 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 t....
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....23C)(iv)/(v)/(vi)/(via) other than towards corpus in case of donations out of 2 accumulated income 3 Donation to trust or institution registered u/s 12AB or approved u/s 10(23C)(iv)/(v)/(vi)/(via) not having same objects 3 4 Donation to any person other than trust or institution registered u/s 12AB or approved u/s 10(23C)(iv)/(v)/(vi)/(via) 4 10 5 Application outside India for which approval as per proviso to section 11(1)(c) is obtained 10 5 6 7 Application outside India for which approval as per proviso to section 11(1)(c) is not obtained Applied for any purpose beyond the objects of the trust or institution 8 Any other disallowable application Source of fund to meet revenue and 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) ....
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....jective 5 Balance accumulated 1 2 3 4 5 Schedule HP Details of Income from House Property (Please refer to instructions) (Drop down to be provided indicating ownership of property) 1 Address of property 1 Town/City 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) PAN/Aadhaar No. of Co-owner(s) Percentage Share in Property (optional) I II Tick the applicable option] Name(s) of Tenant (if let 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) 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....
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....ction under section 54D/ 54G/54GA (Specify details in item D below) 1d e Short-term Capital Gains on Immovable property (1c - 1d) DD/MM/YYYY F In case of transfer of immovable property, please furnish the following details (see note) Address of property, Name of PAN/Aadhaar S.No. Percentage share Amount Country Pin code State buyer(s) No. of buyer(s) code, Zip code 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 Ii Cost of Improvement without index....
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....s 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) 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 C....
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....der 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, 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....
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....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 of improvement with indexation bii iii Expenditure wholly and exclusively in c....
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....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 Scheme before due date civ 53 53 54 E THE GAZETTE OF INDIA: EXTRAORDINARY V Amount of deduction claimed 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 purch....
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.... 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 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 In case immovable property is received without ii dii consideration, stamp duty value of property In case immovable property is received for inadequate iii consideration, stamp duty value of property in excess of suc....
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....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, which is chargeable at special rates in India as per DTAA (total of column (2) of table below) Rate as Applicable of I.T. per I.T. Act rate [lower of (6) or (9)] Act which included (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) I II Deductions under section 57 (other than those relating to income chargeable at special rates under 2a, 2b, 2c, 2d & 2e) a Expenses / Deductions (other than entered in c)| 3a Depreciation (available only if income offered b 3b in 1c of "schedule OS") Ñ Interest expenditure on dividend u/s 57(i) (available only if income offered in 1a)- 3c Eligible Interest expenditure u/s 57(i) c....
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....er 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 than speculative business and specified business 1 Profit before tax as per income and expenditure account (as applicable) 2a Net profit or loss from speculative business included in 1 (enter -ve sign in case of loss) 2a 2b Net profit or Loss from Specified Business u/s 35AD included in 1 (enter -ve sign in case of loss) 2b 3 Income/ receipts credited to profit and loss account a House property За 58 THE GAZETTE OF INDIA: EXTRAORDINARY considered under other heads of income or chargeable u/s b Capital gains 115BBH [PART II-SEC. 3(i)] 3b c Other sources 3Ñ ci Dividend income 3ci other than cii 3cii Dividend income u/s 115BBH (net of (Item No. A d Cost of Acquisition, 3d of Schedule if any) 4 5 Profit or loss included in 1, which is referred to in section 44AE Incom....
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....g 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 account of ICDS adjustments and deviation in method of valuation of stock 31 32 Total (25+26+27+28+29+30+31) 33 Income (12+24-32) 32 33 34 Profits and gains of business or profession deemed to be under - i Section 44AE 34i 35 Net profit or loss from business or profession other than speculative and specified business (33+34) Net Profit or loss from business or profession other than speculative business and specified business 36 after applying rule 7A, 7B or 8, if applicable (If rule 7A, 7B or 8 is not applicable, enter same figure as in 35) 35 A36 B Computation of income from speculative business 37 Net profit or loss from speculative business as per profit or loss account 37 CURRENT YEAR LOSS ADJUSTMENT [à¤à¤¾à¤— II- -खणà¥à¤¡ 3 ( i ) ] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 38 39 Additions in accordance w....
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....ital gain taxable @ 20% Long term capital gains Xi taxable at special rates in India as per DTAA Net Income from Other sources xii (excluding profit from owning race horses and winnings from lottery) Profit from owning and xiii maintaining race horses xiv Total loss set-off XV |Loss remaining after set-off 59 59 60 Schedule PTI SI. Investment entity covered Name of business by section 115UA/115UB trust/ investment fund PAN of the business trust/ investment THE GAZETTE OF INDIA: EXTRAORDINARY [PART II SEC. 3(i)] Pass Through Income details from business trust or investment fund as per section 115UA, 115UB Sl. Head of income Share of current Current year income year loss distributed Net Income/Loss 9=7-8 TDS on such amount, if any fund by Investment fund (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 1. (drop down to i House property be provided) ii Capital Gains A Short term ai Section 111A aii Others B Long term bi Section 112A bii Sections other than 112A PASS THROUGH INCOME iii Other Sources a Dividend b iv Others Income claimed to be exempt A u/s 10 (23FBB) B u/s C u/s ___ 2. i House property ii Capital Gains A Short term ai Section 111A aii Others B Long term bi Section 112A bii Sect....
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....˜ ã… â˜ â˜ 10 ã… 20 10 (part of 2c of schedule OS) (part of 2e of schedule OS) (2d of schedule OS) 2 Less: Total liability of specified person Schedule 115TD Accreted income under section 115TD (Applicable if exemption claimed u/s 11 and 12 or 10(23C)(iv)/10(23C)(v)/ 10(23C)(vi)/10(23C)(via) 1 Aggregate Fair Market Value (FMV) of total assets of specified person 3 Net value of assets (1-2) 1 2 3 (i) FMV of assets directly acquired out of income referred to in section 10(1) 4i (ii) FMV of assets acquired during the period from the date of creation or establishment to the effective date of registration/provisional registration u/s 12AB, if benefit u/s 11 and 12 not claimed during the said period 4ii |(iii) FMV of assets transferred in accordance with third proviso to section 115TD(2) 4iii (iv) Total (4i4ii + 4iii) 4iv 5 Liability in respect of assets at 4 above 5 6 Accreted income as per section 115TD [3 (4iv -5)] 7 6 9 Specified date u/s 115TD Additional income-tax payable u/s 115TD at maximum marginal rate 8 Interest payable u/s 115TE 10 Additional income-tax and interest payable 11 Tax and interest paid 12 Net payable/refundable (10 - 11) 7 8 9 10 11 12 13 Da....
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....tal Tax relief available in respect of country where DTAA is not applicable (section 91) (Part of total of 1(d)) 3 Whether any tax paid outside India, on which tax relief was allowed in India, has been 4 refunded/credited by the foreign tax authority during the year? If yes, provide the details 4 below a Amount of tax refunded NOTE Yes/No b Assessment year in which tax relief allowed in India Please refer to the instructions for filling out this schedule. 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 calendar year ending as on 31st December, 2022) SI Country Country Name of Address ZIP Account Status Account No name code financial of institution financial code number opening date institution Peak balance during the period Closing balance Gross interest paid/credited to the account DETAILS OF FOREIGN ASSETS during the period (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) A2 Sl Countr Country No y name code Name of Address ZIP Account Status financial of code number institution financial institution (1) (2) (i) (ii) Details of Foreign....
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.... any time during the calendar year ending as on 31st December, 2022 SI Count Zip Address of the No ry Code Property Ownership- Direct/ Name Beneficial and owner/ Date of acquisition Investment (at cost) (in rupees) Total code Beneficiary Income derived Nature of Income taxable and offered in from the Income this return property Amount Schedule where offered Item number of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) D Details of any other Capital Asset held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2022 SI Count Zip Nature of Asset No ry Code Name Beneficial and owner/ Ownership- Date of Total Direct/ acquisition Investment (at cost) (in rupees) code Beneficiary Income derived Nature of Income taxable and offered in from the asset Income this return Amount Schedule where offered Item number of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) Address Country Zip Name of Account Peak Balance/ of the Name Code the Number in which and Code E Details of account(s) in which you have signing authority held (including any beneficial interest) at any time during the calendar year ending ....
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....status in India of share Number Face of shares held value per share Date on which cease to be shareholder Mode of cessation In case of transfer, PAN of the shareholde r Part B - TI PART-B STATEMENT OF INCOME FOR THE PERIOD ENDED ON 31ST MARCH, 2023 Part B1 - Applicable if exemption is being claimed u/s 11 and 12 or 10(23C)(iv)/10(23C)(v)/ 10(23C)(vi)/10(23C)(via) and where Part B3 is not applicable. 1 Voluntary Contributions other than Corpus and anonymous donations taxable u/s 115BBC [(C- Ai-Bi) of Schedule VC] 1 Voluntary contribution forming part of corpus other than anonymous donations taxable u/s 115BBC [(A + B) of schedule Part B-TI -Part B1] 2 2 Note: If conditions specified in Section 11 and 12 are violated, this field will be considered for adjustment under section 143(1) A Corpus representing donations received for the renovation or repair of places notified u/s 80G(2)(b) A [Aia +Bia of Schedule VC] B Corpus other than above [Aib +Bib of Schedule VC] B 3 Aggregate of income referred to in sections 11, 12 and sections 10(23C)(iv), 10(23C)(v), 10(23C)(vi) and 10(23C)(via) derived during the previous year excluding Voluntary contribution included in 1 above (10 of Schedule A....
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.... or 10(23C) r.w.s 40(a)(ia) Amount disallowable under section 11(1) r.w.s 40A(3)/(3A) or 10(23C) r.w.s 40A(3)/(3A) 7iv 7v vi 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) 7vi vii viii 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) Total [7i+7ii+7iii+7iv+7v+7vi+7vii] 7vii 7viii 8 Income chargeable u/s 11(4) 8 9 Gross income after Exemption u/s 11/10 (23C)(iv)/10(23C)(v)/ 10(23C)(vi)/10(23C)(via) [(5-6vii)+7viii+8] 9 Income not forming part of item No. 9 above i Income from house property [ 4 of Schedule HP] (enter nil if loss) 10i ii iii Profits and gains of business or profession [as per item No. D 48 of schedule BP] Income under the head Capital Gains 10ii A Short term 10iiiA Ai 10 Aii Short-term chargeable @ 15% (9ii of item E of schedule CG) Short-term chargeable @30% (9iii of item E of schedule CG) Ai Aii Aii Aiii Short-term chargeable at applicable rate (9iv of item E of schedule CG) i Ai V Short-term chargeable at special rates in India as per DTAA (9v of item E of Schedule ....
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....le CG) 7iiiA Ai Aii 7 Aiii Short-term chargeable @ 15% (9ii of item E of schedule CG) Short-term chargeable @ 30% (9iii of item E of schedule CG) Short-term chargeable at applicable rate (9iv of item E of schedule CG) Ai Aii Aiii Aiv Short-term chargeable at special rates in India as per DTAA (9v of item E of Schedule CG) Aiv Av B Bi Bii Total Short-term (Ai + Aii + Aiii + Aiv) (enter nil if loss) Long term (B4 of schedule CG) (enter nil if loss) Long-term chargeable @ 10% (9vi of item E of schedule CG) Long-term chargeable @ 20% (9vii of item E of schedule CG) Av 7iiiB Bi Bii Biii Long-term chargeable at special rates in India as per DTAA (9viii of item E of schedule CG) Biii Biv Total Long-term (Bi + Bii + Biii) (enter nil if loss) Biv C Sum of Short-term/Lon g-term capital gains 7iiiC (Av+Biv) (enter nil if loss) Capital gain chargeable @ 30% u/s 115BBH (C2 of D 7iiiD schedule CG) E Total capital gains (C + D) 7iiiE iv Income from 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 I....
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....)+(iv)+(v)+(vi)+(vii)+(viii)+(ix) 4 (vii) Amount disallowable under Explanation to sub-section (10) of section 13 or Explanation to twenty second proviso to clause (23C) of section 10 read with sub-clause (ia) of clause (a) of section 40 Amount disallowable under Explanation to sub-section (10) of section 13 or Explanation to twenty second proviso to clause (23C) of section 10 read with sub-section 3 of section 40A Amount disallowable under Explanation to sub-section (10) of section 13 or Explanation to twenty second proviso to clause (23C) of section 10 read with section (3A) of section (x) Additions Amount in Rs. Amount in Rs. Amount in Rs. Amount in Rs. (i) (ii) Income chargeable under section 115BBI Income in respect of which exemption under section 11 is not available, being anonymous donation (Diii of schedule VC) Amount in Rs Amount in Rs (iii) Income chargeable under section 12(2) Amount in Rs (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 (v) Income as per Explanation 1B in case of violation of clause (a) or (b) or (c) or (d) of Explanation 1A to section ....
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....come Tax at normal rates on [Sl. No. (13-14-15-16) of Part B1 a of Part B-TI] OR [Sl. No. (14-15) of Part B2 of Part B-TI] 1a OR [Sl. No. 14 of Part B3 of Part B-TI] b Tax at special rates (total of col. (ii) of Schedule-SI) Tax on anonymous donation u/s 115BBC @30% on [Sl. 1b c No. 15 of Part B1 of Part B-TI] OR [Sl. No. 12 of Part B2 1c of Part B-TI] OR [Sl. No. 12 of Part B3 of Part B-TI] Tax on income chargeable u/s 115BBI @30% on [Sl. No. 1d d 16 of Part B1 of Part B-TI] OR [Sl. No. 13 of Part B3 of Part B-TI e Tax at maximum marginal rate on Sl. No. 15 of Part B2 of Part B-TI le Rebate on agricultural income [In Part B2, applicable if (10- f 11-12) of Part B-TI exceeds maximum amount not chargeable to 1f tax] g Tax Payable on Total Income (1a+ 1b+1c+ 1d+le- 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 (s....
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....d up if the answer is Yes] 15 TAX PAYMENTS A Details of payments of Advance Tax and Self-Assessment Tax SI BSR Code ADVANCE/ SELF ASSESSMENT TAX No (1) (2) Date of Deposit (DD/MM/YYYY) Serial Number of Challan Amount (Rs) (3) (4) (5) i ii iii iv NOTE B SI TDS No credit of Other Deductor/ relating other person [other Person (if TDS credit related to other person) PAN/Aadhar of Tenant/ Unclaimed TDS brought forward (b/f) TDS of the current Financial Year (TDS Deducted during the FY2022-23) Buyer person as per rule 37BA(2)] Fin. TDS Year in b/f which deducted Deducted Deducted in in own the hands of hands 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)] to self/ PAN/Aadhar TAN of the TDS credit being claimed this Corresponding Receipts/ 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 per....