AI Drafter 
TaxTMI 
TaxTMI 
Amendment in Form ITR-7[Appendix II] - Income-tax (Twenty-Seventh Amendment) Rules, 2023
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....ggregate income to be taxed at normal rates (13-14-15-16) (including income other than specified income under section 115BBI) 17"; (b) in Part B-TTI, against serial number 1, for item a and entries relating thereto, the following item and entried thereto, shall be substituted, namely:- "a Tax at normal rates on [Sl. No. 17 of Part B1 of Part B-TI] OR [Sl. No. (13-14) of Part B2 of Part B-TI] OR [Sl. No. 13 of Part B3 of Part B-TI] 1a". [F. No. 370142/2/2023-TPL-Part (1)] SURBENDU THAKUR, Under Secy. ============= 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) Stat....
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.... in response to a notice u/s 139(9)/142(1)/148153C or order u/s 119(2)(b), enter unique number/ Document Identification Number (DIN) and date of such notice/order, or if filed u/s 92CD enter date of advance pricing agreement Residential status? (unique number) (e) (f) (1) (2) (3) (4) Name of the representative Capacity of the Representative (drop down 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 acquir....
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....wing information- ble for audit under the Income-tax Act? (Tick) â–¼ (ii) Section under which you are liable for audit (specify section). Please mention date of audit report. (DD/MM/YY) (a) Name of the 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 ....
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.... the purpose for which such accumulation 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) (E) (A+B+C+D+E) Details of deemed application of income unde....
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....bove 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 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 afte....
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....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 + 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 Particula....
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....ng 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, 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 pol....
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....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 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 t....
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.... 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 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 voluntary contribution 1 2 Application 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 Busine....
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....€ please enter following details) Assessee's percentage of share in the property PAN/Aadhaar No. of Co-owner(s) Percentage Share in Property (optional) 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¤— II -खणà¥à¤¡ 3 (i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण a Gross rent received/ 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 Furn....
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....l (i+ii+iii) biv C Balance (3a-biv) 3c 49 50 50 4 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 are received, then loss arising 3d out of sale of such asset to be ignored (Enter positive value only) [PART II-SEC. 3(i)] e Short-term capital gain on equity share or equity oriented MF (STT paid) (3c +3d) For NON-RESIDENT, not being an FII- from sale of shares or debentures of an Indian company (to be computed with foreign exchange adjustment 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 ....
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....खणà¥à¤¡ 3 (i)] 9 SI. i b 8 Previous year in which asset transferred 2019-20 à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण Section under which deduction claimed in that year New asset acquired/constructed Year in which asset acquired/constructed Amount utilised out of Capital Gains account 54D/54G/54GA Amount not used for new asset or remained unutilised in Capital gains account (✗) 51 Amount deemed to be short term capital gains (Xi + b) Amount deemed to be short term 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 ....
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.... 54EC 3 4 2d e Long term capital gains from slump sale (2c-2d) From sale of bonds or debenture (other than capital indexed bonds issued by Government) a Full value of consideration b Deductions under section 48 За [PART II-SEC. 3(i)] B2e 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 (bi+bii +biii) biv B3c c LTCG on bonds or debenture - (3a-biv) From sale of listed securities (other than a unit) or zero coupon bonds where proviso under section 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 compute....
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....c d Deduction under section 54D//54G/54GA (Specify details in item D below) 9d 10 e Long-term Capital Gains on assets at B9 above (9c- 9d) Amount deemed to be long-term capital gains B9e Whether any amount of unutilized capital gain on asset transferred during the previous year shown below was deposited in the Capital Gains Accounts Scheme within due date for that year? a ☠Yes ☠No ☠Not applicable. If yes, then provide the details below |S.no Previous year in which asset transferred Section under which deduction claimed in New asset acquired/constructed 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%....
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....ion of new asset in SEZ diii dd/mm/yyyy iv Amount deposited in Capital Gains Accounts Scheme before due date div V Amount of deduction claimed dv e Total deduction claimed (1a + 1b + 1c + 1d) e [PART II-SEC. 3(i)] Set-off of current year capital losses with current year capital gains (excluding amounts included in A9a & B12a which is NOT chargeable under DTAA) Type of Sl. Capital Gain Gain of current year (Fill this column only if computed figure is positive) Short term capital loss set off Long term capital loss set off Current year's capital gains remaining after set off (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 r....
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....received without consideration, fair market value of property In case any other property is received for inadequate diii div v consideration, fair market value of property in excess of such consideration dv le e Any other income (please specify nature) Sl.no Nature Income due to disallowance of exemption under clauses of section 10 Rows can be added as required Amount 2 Income chargeable at special rates (2a+2b+ 2c+ 2d + 2e elements related to Sl. no 1) Income from winnings from lotteries, crossword puzzles a 2a etc. b Income chargeable u/s 115BBE (bi + bii + biii + biv+ 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 ref....
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.... Profits chargeable to tax u/s 59 5 6 7 Net income from other sources chargeable at normal applicable rates (1 (after reducing income related to DTAA portion) − 3 + 4 + 5) (If negative take the figure to 4i of schedule CYLA) Income from other sources (other than from owning race horses) (2+6) (enter 6 as nil, if negative) 6 7 8 Income from the activity of owning and maintaining race horses a Receipts 8a Deductions under section 57 in relation to b 8b receipts at 8a only c Amounts not deductible u/s 58 8c d Profits chargeable to tax u/s 59 8d e Balance (8a - 8b + 8c + 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) Divi....
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....re of income from firm(s) 4 5a b Share of income from AOP/ BOI 5b Ñ Any other exempt income (specify nature and amount) i ci ii cii iii Total (ci + cii) 5ciii d Total exempt income 5d 6 Balance (1-2a-2b-3a-3b-3c-3d-4-5d) 6 a House property 7a Expenses debited to profit and loss account considered 7 b Capital gains 7b under other heads of income c Other sources 7c 8 Total (7a7b+7c) 8 9 Adjusted profit or loss (6+8) 9 10 Depreciation and amortization debited to profit and loss account 11 Depreciation allowable under Income-tax Act 10 i Depreciation allowable under section 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 sectio....
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....s) (37+38-39) C Computation of income from specified business under section 35AD 38 39 B40 59 59 41 Net profit or loss from specified business as per profit or loss account 41 42 Additions in accordance with section 28 to 44DB 42 43 Deductions in accordance with section 28 to 44DB (other than deduction under section,- (i) 35AD, (ii) 32 or 35 on which deduction u/s 35AD is claimed) 43 44 Profit or loss from specified business ) (41+42-43 ) 44 45 Deductions in accordance with section 35AD(1) 45 46 Income from Specified Business) (44-45) C46 47 Relevant clause of sub-section (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 o....
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....C u/s NOTE -> Please refer to the instructions for filling out this schedule. Schedule SI Sl. No. Income chargeable to tax at special rates [Please see instruction] Section ☑ Special Income Tax thereon rate (%) (i) (ii) 1 |111A (STCG on shares where STT paid) ☠15 2 |115AD (STCG for FIIs on securities where STT not paid) 112 proviso (LTCG on listed securities/ units without ☠30 3 ☠10 indexation) 4 SPECIAL RATE 5 115AC (LTCG for non-resident on bonds/GDR) 115AD (LTCG for FII on securities) ☠10 ☠10 6 112 (LTCG on others) ☠20 7 112A(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 professio....
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.... and Branch 15 BSR Code 16 Serial number of challan 17 Amount deposited Schedule 115BBI Specified income of certain institutions under section 115BBI Particulars 1 Deemed income referred in Explanation 4 to the third proviso to section 10(23C) or section 11(3) Amount 2 Deemed income referred under section 11(1B) 3 Income which is deemed to be income under the twenty-first proviso to section |10(23C) or which is excluded from the total income as per section 13(1)(c) Income which is not exempt under section 10(23C) on account of violation of 4 clause (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 ....
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.... (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2022 Gross amount paid/credited to the account during the period (drop down to be provided specifying nature of amount viz. interest/dividend/proceeds from sale or redemption of financial assets/other income) (12) Account opening date Peak balance during the 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....
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....7) is yes, Income offered in the Institution Institution SI No of the Name Code in which and Code the Number account the account Investment during 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 profes....
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....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 of table A1 of Schedule J] 6iii Amount deemed to have been applied during the previo....
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....) 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 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 ....
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....es (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 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....
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....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 item E of schedule CG) Amount in Rs. biy Total Long-term (bi + bii + biii) (enter nil if loss) A....
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.... 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 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 pre....