Government of India INCOME-TAX DEPARTMENT ACKNOWLEDGEMENT

Similar documents
Government of India INCOME-TAX DEPARTMENT ACKNOWLEDGEMENT

ITS-2F [See rule 12] RETURN OF INCOME ASSESSMENT YEAR FORM No. 2F. Printed from Taxmann s Income-tax Rules on CD Page 1 of 8

FORM NO. 3 [See rule 12(1)(b)(iii) of Income-tax Rules, 1962]

FORM NO. 2 [See rule 12(1)(b)(i) of Income-tax Rules,1962]

INDIAN INCOME TAX RETURN. Assessment Year FORM

(A15) Status Individual HUF Firm (other than LLP) (A19) Fill only one- Tax Refundable Tax Payable Nil Tax Balance

Instructions for filling out FORM ITR-2

Instructions for filling out FORM ITR-2

1. Tax on accumulated balance of recognised provident fund 111 To be computed in accordance with rule 9(1) of Part A of fourth Schedule 2. Short term

Instructions for filling out FORM ITR-3

(A1) First Name (A2) Middle Name (A3) Last Name (A4) Permanent Account Number

(A14) Country / / C1 80C C2 80CCC C3 80CCD (1)

Instructions for filling ITR-1 SAHAJ A.Y

Instructions for filling ITR-4 SUGAM A.Y

ASSESSMENT YEAR

A23 A24 A25 A26 B1 B2 B3 B5 In response to notice under section In response to notice under section 153A/ 153C 7 In pursuance of an order of the

Instructions for SUGAM Income Tax Return AY

FORM NO. 2B [See rule 12(1A) of Income-tax Rules, 1962] RETURN OF INCOME FOR BLOCK ASSESSMENT (For search and seizure cases)

Area/locality; Town/City/District; State; Country. Pin code is mandatory. Tick mark the appropriate box for residential status. For non-residents cert

Assessment Year

NOTIFICATION NO. 31/2009[F.NO.142/22/2008-TPL]/S.O.858(E), DATED

Instructions for filling out FORM ITR-4

Form No. 24Q. 1 ( a ) Tax Deduction Account No ( d ) Assessment year

Instructions for filling out FORM ITR-4

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 17 th day of September, 2012

Chapter 1 : Income Tax Concept and Computation of Income Tax

FORM NO. 24Q (See section 192 and rule 31A)

ITR-1 - Assessment Year

Unit 11: COMPUTATION OF TAX

e- filing of Income Tax Returns- An Overview

Form No. 26AS (See Section 203AA and second provisio to Section 206C(5) and Rule 31AB)

Unit 11: COMPUTATION OF TAX

Instructions for filling out FORM ITR-3

New Sample Company. Click here to prepare your Income-tax Return

Form No 15CA (See rule 37BB) Information to be furnished for payments to a nonresident not being a company, to a foreign company

FORM NO. 16. [See rule 31(1)(a)] PART A. Certificate under Section 203 of the Income-tax Act, 1961 for tax deducted at source on salary

ANDHRA PRAGATHI GRAMEENA BANK HEAD OFFICE::KADAPA

For J B Nagar Study Circle Meeting

Elective Course in Commerce ECO-11 Elements of Income Tax APPENDIX 2014 Assessment Year

FINANCE BILL He has proposed to revise the tax slabs upwards as under:

Form No 15CA (See rule 37BB) Information to be furnished for payments, chargeable to tax, to a non-resident not being a company, to a foreign company

Instructions for filling out FORM ITR-5

Question 1. The Institute of Chartered Accountants of India

Chapter 8 Income under the Head "Income from Other Sources"

FORM NO. 3A RETURN OF INCOME

DEDUCTION OF TAX AT SOURCE

CBDT GUIDELINES FOR PRIOR PERMISSION UNDER SECTION 281 TO CREATE A CHARGE ON THE ASSETS

DEDUCTION, COLLECTION AND RECOVERY OF TAX

FORM NO. 60 [See second proviso to rule 114B)

TDS & TCS Recent Updates & Amendments.

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)]

(d) Has the statement been filed earlier for this quarter (Yes/No) Permanent Account Number (PAN) [See Note 1] of original statement.

Orissa University of Agriculture and Technology, Bhubaneswar

Income Tax Reckoner AY:

MTP_ Inter _Syllabus 2016_ June 2018_Set 1 Paper 7 Direct Taxation (DTX)

Time allowed : 3 hours Maximum marks : 100. Total number of questions : 8 Total number of printed pages : 8

MAX HYPERMARKET INDIA PRIVATE LIMITED

BCAS LECTURE MEETING 20 st May by CA Raman Jokhakar B. D. Jokhakar & Co.

SUGGESTED SOLUTION IPCC May 2017 EXAM. Test Code - I N J

INCOME TAX TEST 3 SOLUTIONS

1. Short title and commencement,- (1) These rules may be called the Income tax (Eleventh Amendment) Rules, 2018.

Instructions for filling ITR-3 (AY )


MTP_ Inter _Syllabus 2016_ June 2018_Set 2 Paper 7 Direct Taxation (DTX)

Name of Examination Year and month in which. Examination was held. Serial No. in Merit list. 1. The holder of this card, Shri/Smti/Kumari

Paper 7 Applied Direct Taxation Time Allowed: 3 hours Full Marks: 100

Answer_MTP_ Inter _Syllabus 2016_ Dec 2017_Set 2 Paper 7 Direct Taxation

Paper-7 Applied Direct Taxation

CHANGES IN ITR FORMS FOR A.Y Presented by: CA. Sanjay K. Agarwal

Service Tax Voluntary Compliance Encouragement Scheme, 2013

CHAPTER 8: RECOVERY OF TAX TAX DEDUCTED AT SOURCE

NOTIFICATION NO. 160/ 2005, Dated: June 1, 2005

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION COMMODITIES TRANSACTION TAX RULES, 2013

Presentation on TDS Salary & TDS in respect of Residents

Paper 7 Direct Taxation

All about New Income tax Return Form Sahaj (ITR-1)

2.f List of benefits available to Small Businessmen [AY ] S.N. Particulars Section Benefits/Deductions allowed

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES

RATES OF INCOME-TAX. Nil

Employee's Income Tax Declaration Form for the Financial Year

Paper-7 Direct Taxation

UNIT- 1. Computation of Total/Taxable Income And Tax liability of an Individual

Question 1(6marks) Computation of taxable capital gains of Mr. Aakash for the A.Y (2 Marks)

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES

Computation of income from house property of Mr. Aakarsh for A.Y (i) Unrealised rent recovered 17,000. (ii) Arrears of rent received 28,000

BUREAU OF INDIAN STANDARDS (Finance Department) CIRCULAR. Our Ref: FIN/2:37 28 July 2014

(b) for Form No.24Q, the following Form shall be substituted, namely : "Form No. 24Q [See section 192 and rule 31A]

As proposed in The Finance Bill, 2017 introduced by Finance Minister of India on 1 st February, 2017.

E-TDS FILING PRESENTED BY. Vinod Kumar Jain FCA

FORM NO. 16. [See rule 31(1)(a)] PART A. Certificate under Section 203 of the Income-tax Act, 1961 for tax deducted at source on salary

DUTIES & RESPONSIBILITIES OF TAX DEDUCTOR UNDER THE GOODS AND SERVICES TAX ACTS

FORM NO. 2C RETURN OF INCOME [See rule 12(1)(d) of Income-tax Rules, 1962]

CIRCULAR NO. 8/2012, Dated: October 5, 2012

Income from Other Sources

Elective Course in Commerce ECO-11 Elements of Income Tax APPENDIX 2013 Assessment Year

Join our WhatsApp Groups at

13. PROBLEMS ON TOTAL INCOME

Flexi Compensation Structure Guidelines: FY (Band 4 & above)

Tax is imposition financial charge or other levy upon a taxpayer by a state or other the functional equivalent of the state.

Click Here to Get More Updates On CA & CS On WHATSAPP

Transcription:

Government of India INCOME-TAX DEPARTMENT ACKNOWLEDGEMENT Received with thanks from a return of income in Form No. 3 for assessment year, having the following particulars. (a) PAN (b) Gross Total Income (c) Deductions under Chapter VI-A (d) Total income [(b) - (c)] (e) Tax paid (i) TDS/TCS (ii) Advance Tax (iii) Self-assessment Tax (iv) Total of [(i) + (ii) + (iii)] Acknowledgement No., Date of Receipt, Ward/Circle/Range Seal Name and signature of the Official receiving the return

FORM NO. 3 ITS-3 [See rule 12 of Income-tax Rules, 1962] RETURN OF INCOME ASSESSMENT YEAR - For Non Corporate assesseesnot claiming exemption under section 11, and ACKNOWLEDGEMENT For office use only not having income from business or profession * Please follow instructions and fill in relevant schedules. * PAN must be quoted. Receipt No. Date * Use block letters only. Seal and Signature of Receiving Official * Details filled in this return and its Schedules may, at the option of the Assessee, be first transmitted electronically [Please see instruction No. 7] * Please do not enclose any statement showing the computation, TDS Certificates, proof of payment of Advance Tax or Self-Assessment Tax, audit report or any other document. If enclosed, same shall be returned by the official receiving the return. * All documents and other evidences in support of the computation of the Tax payable and Tax Paid should be retained by the Assessee for verification by the Income Tax Authorities, if necessary. PART-A GENERAL 1. Permanent Account Number (PAN) 2. Name 3. Date of Birth/formation (DD-MM-YYYY) 4. Status (If individual write 1, if HUF write 2, if firm write 3, if co-operative society write 4, for others write 5) 5. In case of individual, if male write 1, if female write 2 6. Address: (Flat No./Door/House No., Premises, Road, Locality/Village, Town/District, State/Union Territory, in that order) 7. Is there any change in Address? (If Yes write 1, and if No write 2) 8. Telephone number: STD Code: Number 9. e-mail ID: 10. Ward/Circle/Range 11. If there is change in jurisdiction, state old Ward/Circle/Special Range 12. Whether Original or Revised Return? (If original write 1, and if revised write 2) If revised, Receipt No. and date of filing original return and 13. Is this your first return? (If Yes write 1, and if No write 2) 14. Residential Status (if resident write 1, if non-resident write 2, and if resident but not ordinarily resident write 3) 15. Have you claimed any double taxation relief? (i) under agreement with any country (If Yes write 1, and if No write 2) (ii) in respect of a country with which no agreement exists (If Yes write 1, and if No write 2) 16. Particulars of Bank Account (Mandatory in Refund cases) (i) Name of Bank (ii) Address of Bank Branch (iii) MICR (Magnetic Ink Character Recognition) Code (9 digits) (iv) Type of Account (If Savings, write 1, and if Current, write 2) (v) Account Number (vi) ECS (Electronic Clearing Service) (If Yes write 1, and if No write 2) 17. Income not to be included in total income (exempt income) [Schedule-11] [5520] 18. Number of dependents in case of individual 19. Cash Balance/ Balance in Banks as on 31.03.2007 (optional) [Item (vii) of Schedule-12] [1700] 20. Outgoings during the year (optional) [Item (ix) of Schedule-12] [1710]

PART-B COMPUTATION OF TOTAL INCOME AND TAX THEREON 21. Salaries (Schedule-1) [701] 22. Income from house property (Schedule-3) If loss write '-' in box [ ] [702] 23. Capital gains (Schedule-2) (a) Short term (under section 111A) If loss write '-' in box [ ] [710] (b) Short-term (others) If loss write '-' in box [ ] [704] (c) Long term If loss write '-' in box [ ] [705] 24. Income from other sources (Schedule-4) If loss write '-' in box [ ] [706] 25. Gross Total income [Item (5) Schedule-7) If loss write '-' in box [ ] [744] (Income after set-off of current year losses and brought forward unabsorbed losses/allowances) (Schedule-5&6) 26. Deductions under Chapter VI-A (Schedule-8) [747] 27. Total income [(25)-(26)] [760] 28. Income of any other person included in (22), (23) and (24) above [775] (Schedule-9) 29. Net agricultural income for rate purposes [762] 30. Tax payable on total income (a) at normal rates [801] (b) at special rates (Schedule-10) [802] (c) Total [(a)+(b)] [810] 31. Surcharge on (30) [828] 32. Education cess on [(30)+(31)] [834] 33. Tax + Surcharge + Education cess [(30)+(31)+(32)] [835] 34. Relief under section 89 [837] 35. Relief under section 90/91 [836] 36. Balance tax payable [(33)-(34)-(35)] [840] 37. Advance tax paid (Schedule-13) [862] 38. Tax deducted at source [total of column (10) & (11) of Schedule-15 and [870] column (11) of Schedule-16] 39. Balance tax payable [(36)-(37)-(38)] [877] 40. Interest payable under section 234A [842] 41. Interest payable under section 234B [843] 42. Interest payable under section 234C [844] 43. Tax and interest payable [(39)+(40)+(41)+(42)] [880] 44. Self-assessment tax paid (Schedule-14) [888] 45. Balance tax and interest payable [(43)-(44)] [883] 46. Refund due, if any [896] VERIFICATION I, (full name in block letters), son/daughter of solemnly declare that to the best of my knowledge and belief, the information given in the return and the schedules thereto is correct and complete and that the amount of total income and other particulars shown therein are truly stated and are in accordance with the provisions of the Income-tax Act, 1961, in respect of fringe benefits chargeable to tax for the previous year relevant to the assessment year. I further declare that I am making this return in my capacity as and I am also competent to make this return and verify it. Date : Place : Name and Signature Certificate of electronically furnishing the details of the Return (optional) (See Instruction No. 7) Certified that I have also furnished the details contained in this return and its schedules electronically to the designated website vide acknowledgement number dated. Name and Signature

Schedule-1. Salaries 1. Whether in the employment of Government? (If Yes write 1, and if No write 2) 2. Name of the Employer 3. Address of the Employer 4. Salary (excluding all allowances, perquisites and profit in lieu of salary) [201] 5. Allowances exempt under section 10 [202] 6. Allowances not exempt [208] 7. Value of perquisite(s) and/or profits in lieu of salary [204] 8. Income chargeable under the Head "Salaries" [(4)+(6)+(7)] [220] Schedule-2: Capital gains A. Short-term capital gain 1. Full value of consideration [607] 2. Deductions under section 48 (i) Cost of acquisition [609] (ii) Cost of improvement [610] (iii) Expenditure on transfer [611] 3. Balance [(1)-{(2)(i)+(2)(ii)+(2)(iii)}] [616] 4. Exemption under sections 54D/54EC/54ED/54G/54GA [3250] 5. deemed to be capital gains under sections [3255] 50B/54D/54EC/54ED/54G/54GA 6. Deemed short-term capital gain on depreciable assets [643] 7. Total short-term capital gain [(3)-(4)+(5)+(6)] [3260] 8. Short-term capital gain under section 111A included in (7) [650] 9. Short-term capital gain other than referred to in section 111A [(7)-(8)] [649] B. Long-term capital gain 10. Full value of consideration (other than securities to which proviso to [657] section 112(1) is applicable) 11. Deductions under section 48 (i) Cost of acquisition after indexation [659] (ii) Cost of improvement after indexation [660] (iii) Expenditure on transfer [661] 12. Balance [(10)-{(11)(i)+(11)(ii)+(11)(iii)}] [666] 13. Full value of consideration in respect of securities to which proviso to [3355] section 112(1) is applicable 14. Cost of acquisition/ expenditure on transfer of the assets referred to in [3360] (13) 15. Balance [(13)-(14)] [3365] 16. Total long-term capital gain [(12)+(15)] [3370] 17. Exemption under sections 54D/54EC/54ED/54G/54GA [3375] 18. Balance [(16)-(17)] [3380] 19. deemed to be capital gains under sections [3385] 50B/54D/54EC/54ED/54G/54GA 20. Total long-term capital gain [(18) + (19)] [3390] 21. Income chargeable under the head 'CAPITAL GAINS' [(7)+(20)] [3400]

Schedule-3: Income from House Property 1. Address of each property Property A - Property B - Property C - Property D - Property A Property B Property C Property D Total 2. Whether let out during the year(if Yes write 1, and if No write 2) (Add columns A, B, C and D) 3. Annual letable value / Annual rent [307] received or receivable (whichever is higher) 4. Taxes paid to local authority [312] 5. Rent unrealised during the year [334] 6. Balance [(3)-(4)-(5)] [335] 7. 30% of (6) [336] 8. Interest payable on capital borrowed [337] 9. Balance [(6)-(7)-(8)] [338] 10 Rent of earlier years realised during [345]. the year under sections 25A/ 25AA 11 Arrears of rent received during the year under section 25B after deducting 30 per cent thereof [346]. 12. Income from house property for current assessment year [(9)+(10)+(11)] [347] Schedule-4: Income from other sources 1. Income other than from owning race horse(s):- (a) Dividends, Gross [460] (b) Interest, Gross [461] (c) Rental income from machinery, plants, buildings, etc., Gross [462] (d) Others, Gross [464] (e) Total of (a) to (d) [470] 2. Deductions under section 57:- (a) Expenses [3010] (b) Depreciation [3015] (c) Total [(a)+(b)] [3020] 3. Balance [(1)(e)-(2)(c)] [473] 4. Income from owning and maintaining race horses [474] 5. Deductions under section 57 in relation to (4) [475] 6. Balance income from owning and maintaining race horse(s) [(4)-(5)] If loss, write (-) in box [476] 7. Winnings from lotteries, crossword puzzles, races, etc [477] 8. Income chargeable under the head 'Income from other sources' [499] [(3)+(6)+(7)] If loss, write (-) in box [ ] [ ]

Schedule-5: Total income after set off of current year's losses under section 71 1. Loss arising from house property [(12) of Schedule-3] [8700] 2. Loss from other sources (excluding loss from race horses) [(3)+(7)of Schedule-4] [8710] S. No. Head/Source of income Income of current year House property loss of the current year set off Other sources loss (other than loss from owning race horses) of the current year set off Current year's income remaining after set off (i) (ii) (iii) (iv) (v) 1. Salaries 2. House property 3. Short-term capital gain 4. Long-term capital gain 5. Other sources (including profit from owning race horses) 6. Total of Column (v) [8720] S. No. 1. 2. 3. 4. 5. Schedule-6: Statement of losses and allowances brought forward from preceding assessment years and carried forward Assessment year Date on which return filed House property loss Loss under Capital gains Loss from owning race horses 8th 7th 6th 5th 4th 3rd 2nd 1st 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 Total amount brought forward set off against current year's income c/f including current year's amount Sl. No. 1. Salaries 2. House property 3. Capital gain 4. Other sources Schedule-7: Gross Total Income Income before Brought forward Income after set-off of brought losses and set-off of forward losses allowances Head of Income brought forward and allowances set-off (Column losses and (Column (5) of 10 of allowances Schedule-5) Schedule-6) (i) (ii) (iii) (iv) 5. Gross Total Income- (i) Total of Sch.1+Sch.2+Sch.3+Sch.4, or (ii) Item 6 of Sch.5, or (iii) Total of column (iv) of Sch.7 [2100]

Schedule-8: Deductions under Chapter VIA Section 80C [262] Section 80G [242] Section 80CCC [235] Section 80GG [243] Section 80CCD [300] Section 80GGA [248] Section 80D [236] Section 80GGC [263] Section 80DD [237] Section 80QQB [275] Section 80DDB [240] Section 80RRB [282] Section 80E [239] Section 80U [283] Total [747] Schedule-9: Income included in Schedules 1 to 4 arising to spouse / minor child / son's wife or any other person or association of persons Sl. Name of the person Relationship Nature of income No. 1. 2. 3. Total [775] Schedule-10: Income included in Schedules 1 to 4 which is chargeable to tax at special rates Nature of income Section Sl. Rate of tax chargeable to tax at under which No. applicable of Income of tax (Rs.) special rates chargeable Total [802] Schedule-11: Income not included in total income (exempt incomes) (a) Interest [5501] (b) Dividend Income [5502] (c) Long-term capital gains from transactions on which securities transaction [5503] tax paid (d) Agriculture income [5505] (e) Others [5504] (f) Total [5520]

Schedule-12: Cash flow statement (optional) (i) Cash balance as on 1st April, 2006 with you and other persons referred [5001] to in Schedule 8 whose income have been included in your income (ii) Balance in banks as on 1st April, 2006 with you and other persons [5002] referred to in Schedule 8 whose income have been included in your income (iii) Income received during the year including that of other persons referred [5003] to in item(i) above (iv) Other receipts, if any, including exempt income, loans, gifts, etc. taken or [5004] received during the year by you and other persons referred to in item(i) above (v) Total [(i)+(ii)+(iii)+(iv)] [5010] (vi) Outgoings during the year out of (v) above by way of - (a) Expenses, investment, etc., on which deduction under Chapter VI-A [5020] claimed (b) Outgoings by way of other investments [5021] (vii) Cash Balance/ Balance in Banks as on 31.03.2007 [5030] (viii) Total [(vi)(a)+(vi)(b)+(vii)] [5024] (ix) Other outgoings [(v)-(viii)] [5022] STATEMENTS OF TAXES PAID Schedule-13: Advance Income-tax Name of the bank branch BSR Code Date of deposit S.No. of Challan (Rs.) 16/09 to 16/12 to 16/03 to Date of installment Upto 15/09 15/12 15/03 31/03 [858] [859] [860] [861] Total advance tax paid [862] Schedule-14: Income-tax on self-assessment Name of the bank branch BSR Code Date of deposit S.No. of Challan (Rs.) Total self-assessment tax paid [888]

Schedule-15: Details of Tax deducted at source from income chargeable under the head 'Salaries' [Please furnish these details on the basis of Form 16 issued by the employer(s)] Sl. No. Name and address of the employer TDS circle where Annual Return under section 206 is to be delivered Tax deduction A/C No. of the deductor Income chargeabl e under the head Salaries Gross total income Deduction under Chapter VI-A Total income(c olumn 11 of Form No. 16) Tax payable (including surcharge and education cess) on total income Tax deducted at source u/s. 192(1) Tax paid by the employer on behalf of the employee Tax payable/ refundabl e (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) Total of column (10) and (11) above [8870]

Schedule-16: Details of tax deducted at source on income [Please furnish the details in column (1) to (10) on the basis of Form No.16A issued by the deductor(s)] Sl. No. Name and address of the person who deducted the tax TDS circle where Annual Return under section 206 is to be delivered Tax deduction A/C No. of the deductor Nature of payment Section under which tax deducted Date of payment/ credit paid/ credited (Rs.) Rate at which tax deducted Tax deducted including surcharg e and educatio n cess (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Total of column (10) above [8850] Total of column (11) above [8855] out of (10) to be allowed as credit during the year