TaxTMI 
TaxTMI 
Income-tax (Third Amendment) Rules, 2024 - New ITR form - Form ITR-7
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....dated the 31st January, 2024. ============= Document 1PERSONAL INFORMATION "FORM ITR-7 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 2024-25 Part A-GEN (A1) Name (as mentioned in deed of creation/ establishing/ incorporation/ formation) (A2) PAN (A4) Flat/Door/Block No (A6) Road/Street/Post Office (A8) Town/City/District (A13) Office Phone Number with STD code/Mobile No. 1 (A16) Email Address 2 (A17) (i) Return furnished under section (A5) Name of Premises/Building/Village (A3) Date of formation/incorporation (DD/MM/YYYY) (A7) Area/Locality (A11) Status (A12) Sub Status (A9) State (A10) Pin code/Zip code (see instructions) (see instructions) (A14) Mobile No. 2 (A15) Email Address 1 139(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 t....
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.... Yes If yes, please furnish following information - ☠No ☠No (1) Name of the representative (2) Capacity of the Representative (drop down to be provided) (3) Address of the representative (4) Permanent Account Number (PAN)/Aadhaar No. of the representative (g) Whether you are Partner in a firm? (Tick) ☑☠Yes ☠No If yes, please furnish following information Name of Firm PAN (h) Legal Entity Identifier (LEI) details (mandatory if refund is 50 crores or more): LEI Number Valid upto date (DD/MM/YYYY) OTHER DETAILS (A23) i ii (A22) Whether you have held unlisted equity shares at any time during the previous year? If yes, please furnish following information in respect of equity shares Opening balance (Tick) Yes ☠No Shares acquired during the year Shares transferred during the year Closing balance Issu e pric Purchase Name of Туре of the e price per PA Face per share (in No. No. Date of No. No. comp comp N Cost of value shar case of Sale Cost of of of subscrip of of any any acquisi per e (in purchase considera acquisi sha sha tion / shar shar tion shar case ....
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..../ sub-clause (ii) of clause (b) of sub-section (1) of section 12A have been violated ☠Yes ☠No (d) Conditions specified in twentieth proviso to 10(23C)/ clause (ba) of sub-section (1) of section 12A have been violated ☠Yes ☠No ☠Yes ☠No, (A27) (i) Are you liable for audit under the Income-tax Act? (Tick) ☑ If yes, furnish following information- (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 Ñ Name of the auditor (proprietorship/ firm) d Permanent Account Number (PAN)/Aadhaar No. of the proprietorship/ firm e Date of audit report f Date of furnishing of the audit report (DD/MM/YYYY) g Acknowledgement number of the audit report h Unique Document Identification Number (UDIN) (A28) (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) MEMBER'S INFORMATION Ꭰ(A i. Particulars of persons who were members in the AOP on 31st ....
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....t taxed in any earlier assessment year(s) Balance available for application Amounts applied for charitable or religious /Scientific research/ social statistical science or research (1) (2) (3) (4) (5) (6) = (2-4) (7) purpose during the previous year out of previous accumulation years' (8) = (5-6) 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year of Amount accumulation applied for (F.Yr.) purposes other than purpose the for which such accumulation was made (if applicable) (9) Amount credited or paid to any trust or institution registered u/s 12AB or approved under sub-clauses (iv)/(v)/(vi)/(via) of clause (23C) of section 10 (if applicable) (10) Balance amount available for application (11) 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total = (7-8-9-10) Amount invested or deposited in the modes specified in section 11(5) out of 11 (12) or Amount invested deposited in the modes other than specified in section 11(5) out of 11 (if applicable) Amount which is not utilized during the period accumulation (if applicable) of Amount to be deemed income within meaning of ....
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....us during Appli as ed durin Amount Total invested amoun Financ ial Closing Balanc Investe d or t the 01.04.20 year g the year deposite investe 23 d back into d or year in which (4) e as on 31.03.2 024 modes Amoun in t taxed in Investe d in modes specifie deposi was (corpus corpus ted not (which back applie d was into earlier 024 corpus d in Sec 11(5) as on 31.03.2 assessm ent year 2023-24 other than specifie d in Sec 11(5) as on 31.03.2 024 i. Represen ting donations received for the renovatio n or repair of places notified u/s 80G(2)(b) on or after 01.04.202 0 ii. - Other than (i) above received on or after 01.04.202 1 iii.-Other than (i) and (ii) above Total applied till 31.03.20 23) earlier applied and not claimed as applicati on) where applicati on from corpus is made on or after 01.04.20 21. (1) (2) (3) (4) (5) (6) = (7) (1+2+5- 3) (8) (9) (10) = (7-8- 9) A 2 Details of loan and borrowings Opening Balance As on 01.04.2023 Loan & Borrowings taken for applications towards objectives during the year Applied for the objects of t....
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....f contribution applied towards objective (1) (2) (3) (4) i ii iii iv TOTAL Amount out of (3) invested in modes prescribed under section 11(5) (5) Balance to be treated as income under section 11(3) (6) APPLICATION OF FUNDS SOURCES OF FUNDS Part A-BS CONSOLIDATED BALANCE SHEET AS ON 31ST DAY OF MARCH, 2024 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 la b Other corpus received on or after 01.04.2021 1b c Corpus other than (a) and (b) 1c d Income accumulated under third proviso to clause (23C) of section 10 or section 11(2) 1d e Balance Amount of deemed Income being exemption claimed in earlier years on account of deemed application and required to be applied in FY 2024-25 onwards f Any other reserve (Specify the nature) le iSpecify the nature ii Specify the nature iii Total (ai + aii) g Total fund (a+b+c+d+e+f) 2 Loan and Borrowings a Secured loans b Unsecured loans (including deposits) 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 Deprec....
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....eport 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 ☑) ☠Yes ☠No If yes, then date of submission of the report (DD/MM/YYYY) 5 a Whether any voluntary contribution from any person in excess of twenty thousand rupees was received during the year ? (tick as applicable ☑) ☠Yes ☠No b If yes, whether record of each voluntary contribution (other than contributions by way of electoral bonds) in excess of twenty thousand rupees (including name and address of the person who has made such contribution) were maintained? ☠Yes ☠No (tick as applicable ☑) 6 Whether any donation exceeding two thousand rupees was received otherwise than by an account payee cheque or account payee bank draft or use of electronic clearing system through a bank account or through electoral bond? (tick as applicable ☑) 7 Please furnish the following information: - b a Total voluntary contributions received by the party during the F.Y. (b+d) Aggregate value of all the voluntary contributions received upto Rs. 20,0....
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.... of places notified u/s 80G(2)(b) Aia 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 Foreign contribution (other than anonymous donations taxable u/s 115BBC) i Corpus donation (Bia + Bib) Bi Corpus representing donations received for a the 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 iv Specify the purpose for which foreign contribution has been received Biv Free text box C Total Contributions (Aiii + Biii) C D Anonymous donations, chargeable u/s 115BBC [Applicable to assessee claiming exemption u/s 11 or 10(23C)(iv) or 10(23C)(v) or 10(23C)(vi) or 10(23C)(via) or 10(23C)(iiiad) or 10(23C)(iiiae)] i Aggregate of such anonymous donations received i ii iii 5% of total donations received at Sl. No. C+Di or 1,00,000 whichever is higher Anonymous donatio....
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....vi)/(via) other than towards corpus in case of donations out of 1 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 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 5 6 Application outside India for which approval as per proviso to section 11(1)(c) is not obtained 6 7 Applied for any purpose beyond the objects of the trust or institution 7 8 Any other disallowable application 8 Source of fund to meet revenue and capital application in Row A (to the extent amount at Sl. No. C2 to C7 is included in Sl. No. A12) C 1 Income derived from the property/income earned during previous year (Excluding corpus) 1 2 Income accumulated as under section 11(2) or third proviso to section 10(23C) in earlier years 2 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 ....
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....where activity is carrying out 3 Total receipts including any voluntary contribution 4 Government Grants out of Sl. No. 3 above 5 Amount applied for objective 6 Balance accumulated Schedule IE- 4 1 2 3 4 5 6 Income & Expenditure statement [Applicable for assessee claiming exemption under sections 10(23C)(iiiad) or 10(23C)(iiiae)] (please fill up address for each institution separately): {Exemption is subject to total receipts from all the institutions/universities not exceeding five crore rupees} Objective of the institution (drop down to be provided- 1 1 Educational/Medical) 2 Addresses where activity is carrying out 2 3 Gross Annual receipts 3 4 Amount applied for objective 4 5 Balance accumulated 5 (Add row option to be provided for Sl. No. 1 to 5 above) Sum of Gross Annual receipts (Sum of Sl. No. 3) Details of Income from House Property (Please refer to instructions) (Drop down to be provided indicating ownership of property) Schedule HP 1 Address of property 1 Town/City State Country PIN Code/ Zip Code HOUSE PROPERTY Is the property co-owned? ☠Yes ☠No (if "YES" please enter following details) Assessee's percentage of ....
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....mmovable property, please furnish the following details (see note) S.No. Name of PAN/Aadhaar buyer(s) No. of buyer(s) Percentage share Address of property, Pin code State Country 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. 2 From slump sale A i Fair market value as per Rule 11UAE(2) ii Fair market value as per Rule 11UAE(3) iii Full value of consideration (higher of ai or aii) B Net worth of the undertaking or division C Short term capital gains from slump sale (2aiii-2b) Ale 2ai 2aii 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 b Deductions under section 48 За i Cost of acquisition without indexation bi ii Cost of Improvement without indexation bii iii Expenditure wholly and exclusively in connection with transfer biii iv c Balance (3a - biv) Total (i+i....
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....tion 50CA for the purpose of Capital Gains (higher of a or b) ic A3e A4a A4b A5e ii Full value of consideration in respect of assets other than unquoted shares aii iii Total (ic + ii) aiii b Deductions under section 48 i Cost of acquisition without indexation ii Cost of Improvement without indexation iii Expenditure wholly and exclusively in connection with transfer iv Total (i+ii + iii) c Balance (6aiii – biv) d - In case of asset (security/unit) loss to be disallowed u/s 94(7) or 94(8)- for example if asset bought/acquired within 3 months prior to record date and dividend/income/bonus units are received, then loss arising out of sale of such asset to be ignored (Enter positive value only) e Deemed short term capital gains on depreciable assets f Deduction under section 54G/54GA bi bii biii biv 6c 6d бе 6f g STCG on assets other than at A1 or A2 or A3 or A4 or A5 above (6c + 6d + 6e − 6f) A6g 7 Amount deemed to be short term capital gains a Whether any amount of unutilized capital gain on asset transferred during the previous years shown below was deposited in the Capital Gains Accounts Scheme within due date for that yea....
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....ai), take this figure as (ai), or else take (aii)] aiii b Deductions under section 48 i Cost of acquisition iia Cost of acquisition with indexation iib Total Cost of Improvement with indexation bi biia biib (a)Cost of improvement (b)Year of improvement (c)Cost of Improvement with indexation Add row iii Expenditure wholly and exclusively in connection with transfer biii iv Total (biia + biib + biii) biv 1c 1d c Balance (aiii – biv) d Deduction under section 54D/54EC/54G/54GA (Specify details in item D below) e Long-term Capital Gains on Immovable property (1c - 1d) f In case of transfer of immovable property, please furnish the following details (see note) S.No. Name of buyer(s) PAN/Aadhaar No. of buyer(s) Percentage share Amount Address of Pin code State property, Country code, Zip code NOTE▸ 2 From slump sale 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. i Fair market value as per Rule 11UAE(2) a ii Fair market value as per Rule 11UAE(3) iii ....
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....iture wholly and exclusively in connection with transfer iv Total (bi + bii +biii) 8 c Long-term Capital Gains on assets at 7 above in case of NON-RESIDENT (aiii-biv) For NON-RESIDENTS - From sale of equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112A Long-term Capital Gains on sale of capital assets at B8 9 From sale of assets where B1 to B8 above are not applicable B5 B6 bi bii biii biv B7c a i In case assets sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of unquoted shares ia b Fair market value of unquoted shares determined in the prescribed 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 iii Full value of consideration in respect of assets other than unquoted shares Total (ic + ii) aii aiii b Deductions under section 48 B8 i Cost of acquisition with indexation bi ii Cost of improvement with indexation bii iii Expenditure wholly and exclusively in connection ....
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....come from transfer of Virtual Digital Assets (Item No. B of Schedule VDA) C3 Income chargeable under the head “CAPITAL GAINS†(C1 + C2) D Information about deduction claimed against Capital Gains 1 In case of deduction u/s 54D/54EC/54G/54GA give following details Date of acquisition of original asset Deduction claimed u/s 54D 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 Amount deposited in Capital Gains Accounts aiii dd/mm/yyyy iv aiv Scheme before due date (ivb) Account Number (ivc) IFS Code V (iva) Date of Deposit ddmm/yyyy Amount of deduction claimed av B10 B11 b Deduction claimed u/s 54EC i Date of transfer of original asset bi dd/mm/yyyy Amount invested in specified/notified bonds bii ii (not exceeding fifty lakh rupees) iii Date of investment biii dd/mm/yyyy iv Amount of deduction claimed biv 0 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 othe....
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....n S. No. Type of Capital gain / Date 1 Short-term capital gains taxable at the rate of 15% 2 Short-term capital gains taxable at the rate of 30% 3 Short-term capital gains taxable at applicable rates 4 Short-term capital gains taxable at DTAA rates 5 Long-term capital gains taxable at the rate of 10% 6 Long-term capital gains taxable at the rate of 20% Long-term capital gains taxable at the rate DTAA rates 7 Capital gains on transfer of Virtual Digital Asset taxable at the rate of 8 30% Enter value from item 14ii of schedule SI, if any Upto 15/6 16/6 to 15/9 16/9 to 16/12 to 16/3 to 15/12 15/3 31/3 (i) (ii) (iii) (iv) (v) OTHER SOURCES Schedule VDA Income from transfer of Virtual Digital Assets u/s 115BBH (Note: Details of every transaction are to be filled, wherein every ‘transfer' is a transaction) Sl. No. Date of Date of Transfer Acquisition Head under which income to be taxed (Business/Capital Gain) (Col. 1) (Col. 2) (Col. 3) (Col. 4) Cost of Acquisition (In case of gift; a. Enter the amount on which tax is paid u/s 56(2)(x) if any b. In any other case cost to owner) previous (Col. 5) Consideration Received Income....
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....epaid on hundi u/s 69D c Any other income chargeable at special rate (total of ci to cxiv) i Dividends received by non-resident (not being a company) or a foreign company chargeable u/s 115A(1)(a)(i) other than proviso to section 115A(1)(a)(A) ci ia Dividend received by non-resident (not being a company) or a foreign company, from a unit in an International Financial Services Centre, as cia referred to in sub-section (1A) of section 80LA chargeable under proviso to 115A(1)(a)(A) Interest received from Government or Indian ii concern on foreign currency debts chargeable u/s 115A(1)(a)(ii) cii iii Interest received from Infrastructure Debt Fund chargeable u/s 115A(1)(a)(iia) ciii iv Interest referred to in section 194LC(1) chargeable u/s 115A(1)(a)(iiaa) @ 5% HO civ > Interest referred to in Proviso to section 194LC(1) - chargeable u/s 115A(1)(a)(iiaa) @4 % à« CV vi Interest referred to in section 194LD - chargeable u/s 115A(1)(a)(iiab) cvi vii Distributed income being interest referred to in section 194LBA - chargeable u/s 115A(1)(a)(iiac) Income from units of UTI or other Mutual Funds cvii viii specified in section 10(23D), purchased in....
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....aining race horses 8 a Receipts 8a b Deductions under section 57 in relation to receipts at 8a only 8b Ñ Amounts not deductible u/s 58 8c d Profits chargeable to tax u/s 59 8d e Balance (8a-8b + 8c + 8d) 8e Income under the head "Income from other sources" (7+8e) (take 8e as nil if negative) 9 9 10 Information about accrual/receipt of income from Other Sources From 16/6 to From 16/9 to From 16/12 to From 16/3 to S. No. Other Source Income Upto 15/6 (i) 15/9 (ii) 15/12 (iii) 15/3 31/3 (iv) (V) 1 2 3 4 Winnings from lotteries, crossword puzzles, races, games, gambling, betting, etc., referred to in section 2(24)(ix) Winnings from online games u/s 115BBJ Dividend Income referred in Sl. No. 1a(i) Dividend Income u/s 115A(1)(a)(i) other than as per proviso to section 115A(1)(a)(A) @ 20% (Including PTI income) Dividend income under proviso to section 5 115A(1)(a)(A) @ 10% (Including PTI Income) Dividend Income u/s 115AC 6 @ 10% Dividend Income (other 7 than units referred to in section 115AB) u/s 115AD(1)(i) @ 20% |(Including PTI Income) Dividend income 8 chargeable at DTAA Rates Schedule General Do you have any ....
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....debited to profit and loss account considered under other heads of income/ related to income chargeable u/s 115BBH c Other sources 7c u/s 115BBH (other d than Cost of 7d Acquisition) 8 Total (7a+7b + 7c+ 7d) 9 Adjusted profit or loss (6+8) 8 9 10 11 10 Depreciation and amortization debited to profit and loss account Depreciation allowable under Income-tax Act i ii Depreciation allowable under section 32(1)(ii) and 32(1)(iia) Depreciation allowable under section 32(1)(i) 11i 11ii iii (Make your own computation refer Appendix-IA of IT Rules) 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 Any amount debited to profit and loss account of the previous year but disallowable under section 43B 17 18 Inter....
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.... 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 D48 Income chargeable under the head 'Profits and gains from business or profession' (A36+B40+C46+A3d) D48 E Intra head set off of business loss of current year Income of Sl. Type of Business income current year (Fill this column only if figure is zero Business loss set off Business income remaining after set off or positive) (3) (1) (2) = (1) - (2) i Loss to be set off (Fill this row only if figure is negative) (A36) Income from speculative ii (B40) business Income from specified iii (C46) business iv Total loss set off (ii + iii) V Loss remaining after set off (i – iv) CURRENT YEAR LOSS ADJUSTMENT Schedule CYLA Details of Income after set-off of current years losses Sl. Head/ So....
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.... the instructions for filling out this schedule. Schedule SI Sl. No. Income chargeable to tax at special rates [Please see instruction] Section 1 |111A (STCG on shares where STT paid) 2 115AD (STCG for FIIs on securities where STT not paid) ☠☠☑ Special rate (%) 15 Income (i) Tax thereon (ii) 30 3 SPECIAL RATE 112 proviso (LTCG on listed securities/ units without indexation) 456 7 8 9 10 115AC (LTCG for non-resident on bonds/GDR) 115AD (LTCG for FII on securities) 112 (LTCG on others) 112A(LTCG on equity shares/units of equity oriented fund/units of business trust on which STT is paid) 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) 00000 ☠☠10 10 10 20 10 ☠☠10 10 10 ☠☠☠☠☠11 12 13 14 115AC (Income by way of Dividend received by non- resident from bonds or GDR purchased in foreign currency 115BB (Winnings from lotteries, puzzles, races, games etc.) |115BBJ (Winnings from online games) |1....
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.... tax on accreted income 14 Name of Bank and Branch 15 BSR Code 16 Serial number of challan 17 Amount deposited Date 1 DD/MM/YYYY 4iv 5 6 7 8 9 10 11 12 Date 2 Date 3 DD/MM/YYYY DD/MM/YYYY Schedule 115BBI Specified income of certain institutions under section 115BBI Particulars Deemed income referred in Explanation 4 to the third proviso to section 10(23C) or section 11(3) 1 2 Deemed income referred under section 11(1B) 3 1 4 Amount 2 Total of Col 8 of Schedule D> Income which is deemed to be income under the twenty-first proviso to Section |10(23C) or which is not 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 clause (b) of the third proviso of section 10(23C) or which is not excluded from the total income as per section 13(1)(d) 3 4 5 Income which is not excluded from the total income as per section 11(1)(c) 5 6 Income accumulated or set apart in excess of fifteen per cent of the income where such accumulation is not allowed under any specific provision of this Act; 6 7 Total (total of Sl. No. 1 to 6) 7 Schedule FSI Details of Income from outside ....
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....d/credited to the account during the period (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) Details of Foreign Custodial Accounts held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 (ii) A2 SI Country Country No name code Name of Address ZIP Account Status Account Peak financial of code number opening date Closing balance balance during the period institution financial institutio n Gross amount paid/credited to the account during the period (drop down to be provided specifying nature of amount viz. interest/dividend/procee ds from sale or redemption of financial assets/ other income) (12) (1) (2) (3) (4) (5) (6) (7) (8) (10) (11) (i) (ii) A3 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, 2023 SI Country Country Name of Closin Total gross Total gross Address ZIP Nature Date of Initial No name code entity of entity code of entity acquirin value of g the interest Peak value of g value the investmen investment during t the period....
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....e number offered of schedule (1) (2a) (2b) (5) (8) (10) (11) (i) (ii) SI Name of the Address Countr Zip Name Accoun E Details of account(s) in which you have signing authority held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 and which has not been included in A to D above. Whether If (7) is If (7) is yes, Income offered No Institution of the y Name Cod in which the Institutio of the account is held n and Code e t accoun Numbe t holder r Peak Balance/ Investment during the year (in rupees) income accrued is taxable in your hands? yes, Income accrued in the account in this return Amount Schedule Item number where of offered 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 Sl Countr Zip Name and Name Name No y Name Cod and code e address of the trust Name and Date and and address of since address address Beneficiarie position of of held trustees Settlor S If (8) is If (8) is yes, Income offered ....
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....+ B) of schedule Part B-TI -Part Bl] 2 A Corpus representing donations received for the renovation or repair of places notified u/s 80G(2)(b) [Aia +Bia of Schedule VC] B Corpus other than above [Aib +Bib of Schedule VC] 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 AI) A B 3 4 4 10 5 Amount eligible for exemption under section 11(1)(c) A Approval number given by the Board B Date of approval by board Income to be applied [1+3-4-(Al-Ala of Schedule A)] A B 10 5 6 Application of income for charitable or religious purposes or for the stated objects of the trust/institution:- 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 ii 6ii 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 ....
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....fter Exemption u/s 11/10(23C)(iv)/10(23C)(v)/ 10(23C)(vi)/10(23C)(via) [(5-6vii)+7ix+8] Income not forming part of item No. 9 above Income from house property [ 3 of Schedule HP] (enter nil if loss) Profits and gains of business or profession [as per item No. D 48 of schedule BP] Income under the head Capital Gains 9 10i 10ii A Short term 10iiiA Ai 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 Aiii Aiv 10 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) Aiii Aiv Av B Total Short-term (Ai + Aii + Aiii+ Aiv) (enter nil if loss) Long term Av 10iiiB Bi Bii Long-term chargeable @ 10% (9vi of item E of schedule CG) Long-term chargeable @ 20% (9vii of item E of schedule CG) 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 D E Sum of Short-term/Lon g-term capital gains (Av+Biv) (enter nil if loss) Capital gain chargeable @ 30....
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....schedule CG) Aiv Short-term chargeable at special rates in India as Aiv per DTAA (9v of item E of Schedule CG) Av Total Short-term (Ai + Aii + Aiii + Aiv) Av (enter nil if loss) B Bi Long term (B4 of schedule CG) (enter nil if loss) Long-term chargeable @ 10% (9vi of item E of schedule CG) 7iiiB Bi Bii Long-term chargeable @ 20% (9vii of item E of schedule CG) 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/Long-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 7v (total of 2xiv, 3xiv and 4xiv of Schedule CYLA) Gross Total Income (8-9) 9 10 11 Income which is included in 10 and chargeable to tax at special rates (total of col. (i) of schedule SI) 11 12 Net Agricultural income for rate purpose 12 13....
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....) of Amount in Rs Explanation 3A to section 11(1) read with section 80G(2)(b) (v) Income as per Explanation 1B in case of violation of clause (a) or (b) or (c) of Explanation 1A to section 10(23C) read with section 80G(2)(b) Amount in Rs (vi) (vii) Any other income on which exemption is not allowable under the Income-tax Act Total Additions (i)+(ii)+(iii)+(iv)+(v)+(vi) Amount in Rs Amount in Rs 5 Income chargeable u/s 11(4) Amount in Rs Sum total [(1-2+3x)+4vii+5)] Amount in Rs 6 7 Income not forming part of item No. 6 above i Income from house property [ 3 of Schedule HP] (enter nil if loss) Amount in Rs. ii Profits and gains of business or profession [as per item No. D48 of schedule BP] Amount in Rs. iii Income under the head Capital Gains a Short term ai Amount in Rs. Short-term chargeable @ 15% (9ii of item E of schedule CG) aii Short-term chargeable @ 30% (9iii of item E of schedule CG) 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 ....
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.... section 115BBE†of Schedule SI)] 2ii iii Total (i + ii) 2iii 3 Health and Education cess @ 4% on (1g+ 2iii) 4 Gross tax liability (1g+ 2iii + 3) 3 4 5 Tax relief a Section 90/90A (2 of Schedule TR) 5a b Section 91 (3 of Schedule TR) 5b Ñ Total (5a+5b) 5c 6 6 Net tax liability (4 - 5c) 7 Interest and fee payable a Interest for default in furnishing the return (section 234A) 7a b Interest for default in payment of advance tax (section 234B) 7b Ñ Interest for deferment of advance tax (section 234C) 7c d Fee for default in furnishing return of income (section 234F) 7d e Total Interest and Fee Payable (7a+ 7b+ 7c+ 7d) 7e 8 Aggregate liability (6 + 7e) 8 9 Taxes Paid a Advance Tax (from column 5 of 15A) 9a b TDS (total of column 9 of 15B) 9b Ñ TCS (total of column 7(i) of 15C) 9c BANK ACCOUNT d Self-Assessment Tax (from column 5 of 15A) 9d e Total Taxes Paid (9a+ 9b+ 9c+ 9d) 10 Amount payable (Enter if 8 is greater than 9e, else enter 0) 11 Refund (If 9e is greater than 8) (refund, if any, will be directly credited into the bank account) 12 Net tax payable on 115TD income including interest u/s 115TE (Sr.no. 12 o....