Focusing on the ITR-2 form, it's tailored for individuals and Hindu Undivided Families (HUFs) who do not earn income from a business or profession. This distinction underlines its applicability to a broader spectrum of taxpayers, seeking to simplify tax filings by segregating income sources that do not involve entrepreneurial activities. ITR-2 comprehensively covers various income categories, including salary/pension, income from more than one house property, and income from sources other than owning race horses, capital gains, and foreign assets/income. It also caters to residents with assets outside India or who are signing authority in any account located outside India. The form structures its content into parts, detailing personal information, income computation, tax computations including deductions under Chapter VI-A, to present a meticulous approach towards tax liability calculation. It even delineates the method for listing forward losses and provides options for refund processing, reflecting the income tax department's effort to streamline the filing process while accommodating diverse financial circumstances. With attached instructions for clarity, the form ensures taxpayers meet compliance requirements accurately. Furthermore, it mandates furnishing personal details like PAN, residential status, and bank account information for refunds, embedding essential checks within the filing process.
Question | Answer |
---|---|
Form Name | Itr 2 Form |
Form Length | 12 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 3 min |
Other names | itr form 2 no No Download Needed needed, itr2 no No Download Needed needed, fillable itr 2 in india, dl form 2 non fillable pdf |
FORM
INDIAN INCOME TAX RETURN
[For Individuals and HUFs not having Income from Business or Profession]
(Please see Rule 12 of the
(Also see attached instructions)
Assessment Year
2 0 0 7 - 0 8
Part
GENERAL
PERSONAL INFORMATION
FILING STATUS
First name |
|
Middle name |
|
|
|
|
|
|
Last name |
|
|
|
|
|
|
PAN |
|
|
|
|
|
|
|
|
|
|
||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flat/Door/Block No |
|
Name Of Premises/Building/Village |
|
|
|
|
|
|
Status (Tick) |
|
|
|
|
|
|
|||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Individual |
HUF |
|||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||
Road/Street/Post Office |
|
Area/locality |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date of Birth (DD/MM/YYYY) |
||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
( in case of individual) |
|
|
|
|
|
|
||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
/ |
|
/ |
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Town/City/District |
|
State |
|
|
|
|
|
Pin code |
|
|
|
|
|
|
Sex (in case of individual) (Tick) |
|||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Male |
|
|
|
|
Female |
|||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
Email Address |
|
|
|
(STD |
|
|
|
|
|
|
Employer Category(if in |
|
|
|
|
|
|
|||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
employment) (Tick) |
|
|
|
|
|
|
||||||||
|
|
|
|
|
( |
|
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Govt |
PSU |
Others |
|||||||||||||||||
Designation of Assessing Officer (Ward/Circle) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return filed under Section |
|
|
|
|
|
|
|
|
|
|
||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[Please see instruction |
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Whether original or Revised return? (Tick) |
|
|
|
|
|
Original |
|
|
|
|
|
|
Revised |
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
If revised, then enter Receipt No and Date of filing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
/ |
/ |
|
|
|||||||||
original return (DD/MM/YYYY) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||
Residential Status (Tick) |
Resident |
|
Resident but Not Ordinarily Resident |
|||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Whether this return is being filed by a representative assessee? (Tick) Yes |
|
|
|
|
|
|
|
No |
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
If yes, please furnish following information - |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)Name of the representative
(b)Address of the representative
( c) Permanent Account Number (PAN) of the representative
|
|
Part B - TI |
|
|
Computation of total income |
|
|
|
|
|||
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
Salaries |
(6 of Schedule S) |
|
1 |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
Income from house property (3c of Schedule HP) (enter nil if loss) |
|
2 |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
INCOME |
|
3 |
Capital gains |
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
a |
i |
3ai |
|
|
|||||
|
|
|
|
|
Short term |
|
|
|
|
|||
|
TOTAL |
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|||
|
|
|
iii |
Total |
3aiii |
|
|
|
||||
|
|
|
|
|
|
ii |
3aii |
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
b |
3b |
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
c |
Total capital gains (3aiii + 3b) |
|
|
3c |
|
||
|
|
|
|
|
|
|
|
|
||||
Do not write or stamp in this area (Space for bar code) |
|
|
For Office Use Only |
|||||||||
|
|
|
|
|
|
|
|
|
|
|
Receipt No |
Date
Seal and Signature of receiving official
|
|
|
|
4 |
Income from other sources |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
a |
from sources other than from owning race horses (3 of Schedule OS) (enter nil if loss) |
4a |
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
b |
from owning race horses (4c of Schedule OS) (enter nil if loss) |
4b |
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
c |
Total (a + b) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4c |
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 |
Total (1+2+3c +4c) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
6 |
Losses of current year set off against 5 (total of 2vi and 3vi of Schedule CYLA) |
6 |
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
7 |
Balance after set off current year losses |
7 |
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
8 |
Brought forward losses set off against 7 (2vi of Schedule BFLA) |
8 |
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9 |
Gross Total income |
|
|
|
|
|
|
|
|
|
9 |
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10 |
Deductions under Chapter |
|
|
|
|
|
|
|
|
|
10 |
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11 |
Total income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
12 |
Net agricultural income/ any other income for rate purpose (4 of Schedule EI) |
12 |
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13 |
‘Aggregate income’ (11+12) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
14 |
Losses of current year to be carried forward (total of row xi of Schedule CFL) |
14 |
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
Computation of tax liability on total income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
Part B - TTI |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
Tax payable on total income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
Tax at normal rates |
|
|
|
|
|
|
|
|
1a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
b |
Tax at special rates (11 of Schedule SI) |
|
1b |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
c |
Tax Payable on Total Income (1a + 1b) |
|
|
|
|
|
|
|
|
|
1c |
|
|
|
|
|
|
|
|
|
||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITY |
|
2 |
Surcharge on 1c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
|
|
5 |
Tax relief |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
3 |
Education Cess on (1c + 2) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
4 |
Gross tax liability (1c+ 2 + 3) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
TAX |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
Section 89 |
|
|
|
|
|
|
|
|
5a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
OF |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
b |
Section 90 |
|
|
|
|
|
|
|
|
5b |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
COMPUTATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
c |
Section 91 |
|
|
|
|
|
|
|
|
5c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
d |
Total (5a + 5b+5c) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5d |
|
|
|
|
|
||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
Net tax liability (4 – 5d) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
7 |
Interest payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
For default in furnishing the return (section 234A) |
|
7a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
b |
For default in payment of advance tax (section 234B) |
|
7b |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
c |
For deferment of advance tax (section 234C) |
|
7c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
|
|
|
|
d |
Total Interest Payable (7a+7b+7c) |
|
|
|
|
|
|
|
|
|
7d |
|
|
|
|
|
|
|
|
|
||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
Aggregate liability (6 + 7d) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
9 |
Taxes Paid |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PAID |
|
|
a |
Advance Tax (from |
|
9a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
b |
TDS (total of column 7 of |
|
9b |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
TAXES |
|
|
|
of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
c |
Self Assessment Tax(from |
|
9c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
d |
Total Taxes Paid (9a+9b+9c) |
|
|
|
|
|
|
|
|
|
9d |
|
|
|
|
|
|
|
|
|
||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
|
|
|
10 |
Amount payable (Enter if 8 is greater than 9d, else enter 0) |
|
|
|
|
|
|
|
|
|
10 |
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
11 |
Refund (If 9d is greater than 8, also |
give Bank Account details below) |
11 |
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||
|
|
REFUND |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12 |
Enter your bank account number (mandatory in case of refund) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
|
|
13 |
Do you want your refund by cheque, or deposited directly into your bank account? (tick as applicable ) |
|
|
|
|
|
|||||||||||||||||||||||||||||
|
|
|
|
14 |
In case of direct deposit to your bank account give additional details |
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
|
|
|
MICR Code |
|
|
|
|
|
|
|
|
|
|
Type of Account (tick as applicable ) |
Savings |
|
Current |
15
Date(DD/MM/YYYY)
/ /
VERIFICATION
I,son/ daughter ofsolemnly declare that to the best of my knowledge and belief, the information given in the return and 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 chargeable to |
||
Place |
Date |
Sign here |
16If the return has been prepared by a Tax Return Preparer (TRP) give further details as below:
Identification No. of TRP |
Name of TRP |
Counter Signature of TRP |
|||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
If TRP is entitled for any reimbursement from the Government, amount thereof
17
|
Schedule S |
|
Details of Income from Salary |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Name of Employer |
|
|
|
|
|
|
|
|
|
PAN of Employer (optional) |
|||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Address of employer |
|
|
Town/City |
|
|
State |
|
|
|
|
|
|
|
Pin code |
|||||||||||||||
|
SALARIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
1 |
Salary (Excluding all allowances, perquisites & profit in lieu of salary).. |
|
|
|
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
2 |
Allowances exempt under section 10 |
|
|
2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 |
Allowances not exempt |
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Value of perquisites |
|
|
|
|
|
|
|
|
|
|
4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 |
Profits in lieu of salary |
|
|
|
|
|
|
|
|
|
|
5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
|
|
6 |
Income chargeable under the Head ‘Salaries’ (1+3+4+5) |
|
|
|
|
|
|
6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
Schedule HP |
|
Details of Income from House Property |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
Address of property 1 |
|
|
|
Town/ City |
|
|
|
State |
|
|
|
PIN Code |
||||||||||||||||
|
|
|
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
(Tick) |
if let out |
|
Name of Tenant |
PAN of Tenant (optional) |
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
Annual letable value/ rent received or receivable (higher if let out for whole of the year, lower |
1a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
|
|
|
if let out for part of the year) |
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
b |
The amount of rent which cannot be realized |
1b |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
c |
Tax paid to local authorities |
|
|
1c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
d |
Total (1b + 1c) |
|
|
|
|
1d |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
e |
Balance (1a – 1d) |
|
|
|
|
|
|
|
|
|
|
1e |
|
|||||||||||||||
|
PROPERTY |
|
f |
30% of 1e |
|
|
|
|
1f |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
|
g |
Interest payable on borrowed capital |
|
|
1g |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||
|
|
|
|
h |
Total (1f + 1g) |
|
|
|
|
|
|
|
|
|
|
1h |
|
|||||||||||||||
|
|
|
|
i |
Income from house property 1 (1e – 1h) |
|
|
|
|
|
|
|
|
1i |
|
|||||||||||||||||
|
HOUSE |
|
Address of property 2 |
|
|
|
Town/ City |
|
|
|
State |
|
|
|
PIN Code |
|||||||||||||||||
|
2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
|
|
|
(Tick) |
if let out |
|
Name of Tenant |
PAN of Tenant (optional) |
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
Annual letable value/ rent received or receivable (higher if let out for whole of the year, lower |
2a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
|
|
|
if let out for part of the year) |
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
b |
The amount of rent which cannot be realized |
2b |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
c |
Tax paid to local authorities |
|
|
2c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
d |
Total (2b + 2c) |
|
|
|
|
2d |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
e |
Balance (2a – 2d) |
|
|
|
|
|
|
|
|
|
|
2e |
|
|||||||||||||||
|
|
|
|
f |
30% of 2e |
|
|
|
|
2f |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
g |
Interest payable on borrowed capital |
|
|
2g |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
h |
Total (2f + 2g) |
|
|
|
|
|
|
|
|
|
|
2h |
|
|||||||||||||||
|
|
|
|
i |
Income from house property 2 (2e – 2h) |
|
|
|
|
|
|
|
|
2i |
|
|||||||||||||||||
|
|
|
3 |
Income under the head “Income from house property” |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
|
|
a |
Rent of earlier years realized under section 25A/AA |
|
|
|
|
|
|
3a |
|
|||||||||||||||||||
|
|
|
|
b |
Arrears of rent received during the year under section 25B after deducting 30% |
|
|
|
3b |
|
||||||||||||||||||||||
|
|
|
|
c |
Total (3a + 3b + 1i + 2i) |
|
|
|
|
|
|
|
|
3c |
|
NOTE
Please include the income of the specified persons referred to in Schedule SPI while computing the income under this head
Schedule CG
Capital Gains
CAPITAL GAINS
A |
|
|
|
|
||
1 |
From assets in case of |
1 |
|
|||
|
|
|
|
|
|
|
2 |
From other assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a Full value of consideration |
2a |
|
|
|
|
|
|
|
|
|
|
bDeductions under section 48
|
i |
Cost of acquisition |
bi |
|
|
|
|
|
|
|
ii |
Cost of Improvement |
bii |
|
|
|
|
|
|
|
iii |
Expenditure on transfer |
biii |
|
|
|
|
|
|
|
|
|
|
iv |
Total ( i + ii + ii) |
|
biv |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
c |
Balance (3a – biv) |
|
2c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
d |
Loss, if any, to be ignored under section 94(7) or |
2d |
|
|
|
|
||
|
|
|
|
94(8) |
|
|
|
|
|
|
|
|
|
|
e |
Exemption under section 54/54B/54D/54EC/54F |
2e |
|
|
|
|
||
|
|
|
f |
|
|
|
|
2f |
|
||
|
|
|
|
|
|
|
|
|
|
||
|
3 |
Amount deemed to be short term capital gains under sections 54/54B/54D/54EC/54ED/54F |
3 |
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Total short term capital gain (1 + 2f +3 +4) |
|
|
|
|
4 |
|
|||
|
|
|
|
|
|
|
|
|
|
||
|
5 |
Short term capital gain under section 111A included in 4 |
|
A5 |
|
||||||
|
|
|
|
|
|
|
|
|
|||
|
6 |
Short term capital gain other than referred to in section 111A (4 – 5) |
|
A6 |
|
||||||
|
|
|
|
|
|
|
|
|
|
||
|
B Long term capital gain |
|
|
|
|
|
|
||||
|
1 |
Asset in case of |
|
1 |
|
||||||
|
|
|
|
|
|
|
|
|
|
||
|
2 |
Other assets where proviso to section 112(1) not applicable |
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
Full value of consideration |
|
2a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
b |
Deductions under section 48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
i |
Cost of acquisition after indexation |
|
bi |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ii |
Cost of improvement after indexation |
|
bii |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iii |
Expenditure on transfer |
|
biii |
|
|
|
|
|
|
|
|
iv |
|
|
|
|
|
|
|
|
|
|
|
Total (bi + bii +biii) |
|
biv |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
c |
Balance (2a – biv) |
|
2c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
d |
Deduction under sections 54/54B/54D/54EC/54F |
2d |
|
|
|
|
||
|
|
|
e |
Net balance (2c – 2d) |
|
|
|
|
2e |
|
|
|
|
|
|
|
|
|
|
|
|||
|
3 |
Other assets where proviso to section 112(1) is applicable |
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
Full value of consideration |
|
3a |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
b |
Deductions under section 48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
i |
Cost of acquisition without indexation |
|
Bi |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ii |
Cost of improvement without indexation |
bii |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iii |
Expenditure on transfer |
|
biii |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iv |
Total (bi + bii +biii) |
|
biv |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
c |
Balance (3a – biv) |
|
3c |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
d |
Deduction under sections 54/54B/54D/54EC/54F |
3d |
|
|
|
|
||
|
|
|
e |
Net balance |
|
|
|
|
3e |
|
|
|
|
|
|
|
|
|
|
||||
|
4 |
Amount deemed to be long term capital gains under sections 54/54B/54D/54EC/54ED/54F |
4 |
|
|||||||
|
|
|
|
|
|
|
|
|
|
||
|
5 |
Total long term capital gain (1 + 2e + 3e + 4) |
|
|
|
|
B5 |
|
|||
|
|
|
|
|
|
|
|||||
|
C Income chargeable under the head “CAPITAL GAINS” (A4 + B5) |
|
C |
|
|||||||
|
|
|
|
|
|
|
|
||||
|
D Information about accrual/receipt of capital gain |
|
|
|
|
|
|
||||
|
|
|
Date |
|
Upto 15/9 |
16/9 to 15/12 |
16/12 to 15/3 |
|
16/3 to 31/3 |
||
|
|
|
|
|
(i) |
|
(ii) |
(iii) |
|
(iv) |
1Long- term
2
|
|
|
|
NOTE |
Please include the income of the specified persons referred to in Schedule SPI while computing the income under this head |
||
|
|
|
|
|
|
|
|
|
Schedule OS |
|
|
Income from other sources |
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
Income other than from owning race horse(s):- |
|
|
|
|
|||
|
|
|
|
a |
Dividends, Gross |
1a |
|
|
|
||
|
|
|
|
b |
Interest, Gross |
1b |
|
|
|
||
|
|
|
|
c |
Rental income from machinery, plants, buildings, |
1c |
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
d |
Others, Gross |
1d |
|
|
|
||
|
|
|
|
e |
Total (1a + 1b + 1c + 1d) |
|
|
1e |
|
||
|
SOURCES |
|
f |
Deductions under section 57:- |
|
|
|
|
|||
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
i |
Expenses |
fi |
|
|
|
|
|
|
|
|
|
ii |
Depreciation |
fii |
|
|
|
|
|
OTHER |
|
|
iii |
Total |
fiii |
|
|
|
||
|
|
g |
Balance (1e – fiii) |
|
|
1g |
|
||||
|
2 |
Winnings from lotteries, crossword puzzles, races, etc. |
|
|
2 |
|
|||||
|
|
|
3 |
Income from other sources (other than from owning race horses) (1g + 2) |
3 |
|
|||||
|
|
|
4 |
Income from owning and maintaining race horses |
|
|
|
|
|||
|
|
|
|
a |
Receipts |
4a |
|
|
|
||
|
|
|
|
b |
Deductions under section 57 in relation to (4) |
4b |
|
|
|
||
|
|
|
|
c |
Balance (4a – 4b) |
|
|
4c |
|
||
|
|
|
5 |
Income chargeable under the head “Income from other sources” (1g + 2 + 3 + 4c) |
5 |
|
NOTE |
Please include the income of the specified persons referred to in Schedule SPI while computing the income under this head. |
|
|
Schedule CYLA
Details of Income after Set off of current year losses
CURRENT YEAR LOSS ADJUSTMENT
Sl.No |
Head/ Source of |
Income of current |
House property loss of the current |
Other sources loss (other than |
Current year’s Income |
||
|
Income |
year |
year set off |
loss from race horses) of the |
remaining after set off |
||
|
|
(Fill this column only |
|
|
current year set off |
|
|
|
|
if income is zero or |
Total loss |
|
Total loss |
|
|
|
|
positive) |
(3c of Schedule |
|
(3 of Schedule- |
|
|
|
|
|
|
OS) |
|
|
|
|
|
1 |
2 |
3 |
|||
|
|
|
|
|
|
|
|
i |
Salaries |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ii |
House property |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iii
ivLong term capital gain
v |
Other sources (incl |
|
|
|
|
|
profit from owning |
|
|
|
|
|
race horses) |
|
|
||
vi |
Total loss set off |
|
|||
|
|
|
|
|
|
vii |
Loss remaining after |
|
|||
|
|
|
|
|
|
Schedule BFLA
Details of Income after Set off of Brought Forward Losses of earlier years
BROUGHT FORWARD LOSS
|
Sl. |
Head/ Source of Income |
Income after set off, if any, of |
|
Brought forward loss set off |
Current year’s income |
|
No. |
|
current year’s losses as per 4 of |
|
|
remaining after set off |
|
|
|
Schedule CYLA |
|
|
|
|
|
|
1 |
|
2 |
3 |
|
|
|
|
|
|
|
DJUSTMENTA |
i |
Salaries |
|
|
|
|
|
|
|
|
|
|
|
v |
Other sources (including |
|
|
|
|
|
|
ii |
House property |
|
|
|
|
|
iii |
|
|
|
|
|
|
iv |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
profit from owning race |
|
|
|
|
|
|
horses) |
|
|
|
|
|
vi |
Total of brought forward loss set off |
|
|
|
|
|
|
|
|
|
|
|
|
vii |
Current year’s income remaining after set off Total (i3 + ii3 + iii3 + iv3 + v3) |
|
|
||
|
|
|
|
|
|
|
Schedule CFL
Details of Losses to be carried forward to future years
CARRY FORWARD OF LOSS
Assessment Year |
Date of Filing |
House property |
Other sources |
Other sources loss |
||
|
(DD/MM/YYYY) |
loss |
loss |
Capital loss |
loss (other than |
(from owning race |
|
|
|
|
|
loss from race |
horses) |
|
|
|
|
|
horses) |
|
i
vii
ix Total of earlier year losses
xAdjustment of above losses in Schedule BFLA
xi
xiiTotal loss Carried Forward to future years
|
Schedule VIA |
|
Deductions under Chapter |
||||||||
|
|
||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a |
80C |
|
|
h |
80G |
|
|
|
|
DEDUCTIONS |
|
|
|
|
|
|
|
|
|
|
|
b |
80CCC |
|
|
|
i |
80GG |
|
|
|
||
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
c |
80CCD |
|
|
j |
80GGA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
d |
80D |
|
|
k |
80GGC |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
e |
80DD |
|
|
l |
80RRB |
|
|
|
|
TOTAL |
|
|
|
|
|
|
|
|
|
|
|
f |
80DDB |
|
|
|
m |
80U |
|
|
|
||
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
g |
80E |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
n |
Total deductions (total of a to m) |
|
|
|
n |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Schedule SPI
Income of specified persons(spouse, minor child etc) includable in income of the assessee
Sl No |
Name of person |
PAN of person (optional) |
Relationship |
Nature of Income |
Amount (Rs) |
1
2
Schedule SI
Income chargeable to Income tax at special rates [Please see instruction No.9(iii) for section code and rate of tax]
SPECIAL RATE
Sl |
Section |
Special rate |
Income |
Tax thereon |
Sl |
Section |
Special |
Income |
Tax thereon |
||
No |
code |
|
(%) |
i |
ii |
No |
code |
|
rate (%) |
i |
ii |
1 |
|
|
|
|
6 |
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
2 |
|
|
|
|
7 |
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
|
8 |
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
4 |
|
|
|
|
9 |
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
5 |
|
|
|
|
10 |
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
11 |
|
|
|
|
|
|
|
|
|
Total (1ii to 10 ii) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Schedule EI
Details of Exempt Income (Income not to be included in Total Income)
|
|
1 |
Interest income |
|
|
|
|
|
1 |
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EXEMPT |
INCOME |
2 |
Dividend income |
|
|
|
|
|
2 |
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
||
3 |
3 |
|
|
|||||||||||
|
|
|
|
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Net Agriculture income /any other income for rate purpose |
|
|
|
4 |
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 |
Others |
|
|
|
|
|
|
|
5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
Total (1+2+3+4+5) |
|
|
|
|
|
6 |
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Information (transactions reported through Annual Information Return) [Please see instruction |
|||||||||||
Schedule AIR |
|
|||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sl |
|
|
Code of Transaction |
Amount (Rs) |
Sl |
Code of Transaction |
|
|
Amount (Rs) |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
|
|
|
001 |
|
5 |
005 |
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
|
|
|
002 |
|
6 |
006 |
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
003 |
|
7 |
007 |
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
|
|
|
004 |
|
8 |
008 |
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Schedule IT
Details of Advance Tax and Self Assessment Tax Payments of
|
|
Sl |
|
Name of Bank & Branch |
|
|
|
BSR Code |
|
Date of Deposit |
|
Serial Number of |
|
||||||||||||||||||||
|
|
No |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(DD/MM/YYYY) |
|
|
Challan |
|
||||||
|
PAYMENTS |
i |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ii |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iii |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TAX |
iv |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
v |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NOTE |
Enter the totals of Advance tax and Self Assessment tax in Sl No. 9a |
& 9c of |
|
|
|
||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Schedule TDS1 |
|
|
|
Details of Tax Deducted at Source from Salary [As per Form 16 issued by Employer(s)] |
||||||||||||||||||||||||||||
|
|
Sl |
|
Tax Deduction Account |
|
Name and address of the Employer |
|
Income |
|
Deduction |
|
Tax payable |
|||||||||||||||||||||
|
|
No |
|
Number (TAN) of the |
|
|
|
|
|
|
|
|
|
|
|
chargeable |
|
under |
|
(incl. surch. |
|||||||||||||
|
SALARY |
|
|
|
|
|
Employer |
|
|
|
|
|
|
|
|
|
|
|
under |
Chapter |
and edn. cess) |
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Salaries |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
|
|
|
(2) |
|
|
|
|
|
(3) |
|
|
|
|
|
(4) |
(5) |
|
|
(6) |
|
||||||||||
|
TDS ON |
i |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ii |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount (Rs)
Total tax |
Tax payable/ |
deposited |
refundable |
(7)(8)
Schedule TDS2
Details of Tax Deducted at Source on Income [As per Form 16 A issued by Deductor(s)]
TDS ON OTHER INCOME
Sl |
|
Tax Deduction Account |
Name and address of the Deductor |
Amount Paid |
Date of Payment / |
Total tax |
||||||||
No |
|
Number (TAN) of the |
|
|
Credit |
deposited |
||||||||
|
|
|
|
Deductor |
|
|
|
|
||||||
(1) |
|
(2) |
|
|
|
|
(3) |
(4) |
(5) |
(6) |
||||
i |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ii |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NOTE Please enter total of column 7 of
Amount out of
(6)claimed for this year
(7)
Instructions for filling out FORM
1.Legal status of instructions
These instructions though stated to be
2.Assessment Year for which this Form is applicable
This Form is applicable for assessment year
3.Who can use this Form
This Form can be used by an individual or a Hindu Undivided family whose total income does not include any income chargeable to
4.
No document (including TDS certificate) should be attached to this form. Official receiving the return has been instructed to detach all documents enclosed with this form and return the same to the assessee.
5.Manner of filing this Form
This Form can be submitted to the Income Tax Department in any of the following manners, -
(i)by furnishing the return in a paper form;
(ii)by furnishing the return electronically under digital signature;
(iii)by transmitting the data in the return electronically and thereafter submitting the verification of the return in Form
(iv)by furnishing a
Where the form is furnished in the manner mentioned at 5(iii), you need to print out two copies of Form
6.Filling out the acknowledgement
Where the form is furnished in the manner mentioned at 5(i) or 5(iv), acknowledgement slip attached with this Form should be duly filled out.
7.Form not to be filled in duplicate
This form is not required to be filed in duplicate.
8.Intimation of processing under section 143(1)
The acknowledgement of the return is deemed to be the intimation of processing under section 143(1). No separate intimation will be sent to the taxpayer unless there is a demand or refund.
9.Codes for filling out this Form
Some of the details in this form have to be filled out on the basis of the relevant codes. These are as under:-
(i)The code (to be filled in the section “Filing Status” on first page) for sections under which the return is filed are as under:-
Sl.No. |
How the return is filed |
Code |
i. |
Voluntarily before the due date |
11 |
ii. |
Voluntarily after the due date |
12 |
iii. |
In response to notice under section 142(1) |
13 |
iv. |
In response to notice under section 148 |
14 |
v. |
In response to notice under section 153A |
15 |
(ii)In Schedule AIR, the details of following transactions, if any, entered by you during the financial year
Sl.No. |
Code |
Nature of transaction |
1. |
001 |
Cash deposits aggregating to ten lakh rupees or more in a year in any savings account by you |
|
|
maintained in a banking company to which the Banking Regulation Act, 1949 (10 of 1949), |
|
|
applied (including any bank or banking institution referred to in section 51 of that Act) |
2. |
002 |
Payment made by you against bills raised in respect of a credit card aggregating to two lakh |
|
|
rupees or more in a year. |
3. |
003 |
Payment made by you of an amount of two lakh rupees or more for purchase of units of |
|
|
Mutual Fund. |
4. |
004 |
Payment made by you of an amount of five lakh rupees or more for acquiring bonds or |
|
|
debentures issued by a company or institution. |
5. |
005 |
Payment made by you of an amount of one lakh rupees or more for acquiring shares issued by |
|
|
a company. |
6. |
006 |
Purchase by you of any immovable property valued at thirty lakh rupees or more. |
7. |
007 |
Sale by you of any immovable property valued at thirty lakh rupees or more. |
8. |
008 |
Payment made by you of an amount of five lakh rupees or more in a year for investment in |
|
|
bonds issued by Reserve Bank of India. |
(iii)In Schedule SI, the codes for the sections which prescribed special rates of tax for the income mentioned therein are as under:-
Sl. No. Nature of income
1.Tax on accumulated balance of recognised provident fund
2.Short term capital gains
3.Long term capital gains (with indexing)
4.Long term capital gains (without indexing)
Section
111
111A
112
112
Rate of tax
To be computed in accordance with rule 9(1) of Part A of fourth Schedule
10
20
10
Section code
1
1A
21
22
5. |
Dividends, interest and income from units |
115A(1)(a) |
20 |
5A1a |
|
purchase in foreign currency |
|
|
|
6. |
Income from royalty or technical services where |
Paragraph EII of |
50 |
FA |
|
agreement entered between 31.3.1961 to 31.3.1976 |
Part I of first |
|
|
|
in case of royalty and between 29.2.1964 and |
schedule of |
|
|
|
31.3.1976, and agreement is approved by the |
Finance Act |
|
|
|
Central Government. |
|
|
|
7. |
Income from royalty & technical services |
115A(1)(b) if |
30 |
5A1b1 |
|
|
agreement is |
|
|
|
|
entered on or |
|
|
|
|
before 31.5.1997 |
|
|
8. |
Income from royalty & technical services |
115A(1)(b) if |
20 |
5A1b2 |
|
|
agreement is |
|
|
|
|
entered on or after |
|
|
|
|
31.5.1997 but |
|
|
|
|
before 1.6.2005 |
|
|
9. |
Income from royalty & technical services |
115A(1)(b)if |
10 |
5A1b3 |
|
|
agreement is on or |
|
|
|
|
after 1.6.2005 |
|
|
10. |
Income received in respect of units purchase in |
115AB(1)(a) |
10 |
5AB1a |
|
foreign currency by a |
|
|
|
11. |
Income by way of |
115AB(1)(b) |
10 |
5AB1b |
|
from the transfer of units purchase in foreign |
|
|
|
|
currency by a |
|
|
|
12. |
Income from bonds or GDR purchases in foreign |
115AC(1) |
10 |
5AC |
|
currency or capital gains arising from their transfer |
|
|
|
|
in case of a |
|
|
|
13. |
Income from GDR purchased in foreign currency |
115ACA(1) |
10 |
5ACA |
|
or capital gains arising from their transfer in case |
|
|
|
|
of a resident |
|
|
|
14. |
Profits and gains of life insurance business |
115B |
12.5 |
5B |
15. |
Winnings from lotteries, crosswords puzzles, races |
115BB |
30 |
5BB |
|
including horse races, card games and other games |
|
|
|
|
of any sort or gambling or betting of any form or |
|
|
|
|
nature whatsoever |
|
|
|
16. |
Tax on |
115BBA |
10 |
5BBA |
|
associations |
|
|
|
17. |
Tax on income from units of an open – ended |
115BBB |
10 |
5BBB |
|
equity oriented fund of the Unit Trust of India or |
|
|
|
|
of Mutual Funds |
|
|
|
18. |
Anonymous donations |
115BBC |
30 |
5BBC |
19. |
Investment income |
115E(a) |
20 |
5Ea |
20. |
Income by way of long term capital gains |
115E(b) |
10 |
5Eb |
10.SCHEME OF THE LAW- Before filling out the form, you are advised to read the following-
(1)Computation of total income
(a)“Previous year” is the financial year (1st April to the following 31st March) during which the income in question has been earned. “Assessment Year” is the financial year immediately following the previous year.
(b)Total income is to be computed as follows, in the following order:
(i)Classify all items of income under the following heads of income-
(A)Salaries; (B) “Income from house property”; (C) “Capital gains”; and (D) “Income from other sources”. (There may be no income under one or more of these heads of income).
(ii)Compute taxable income of the current year (i.e., the previous year) under each head of income separately in the Schedules which have been structured so as to help you in making these computations as per provisions of the
(iii)Set off current year’s headwise loss(es) against current year’s headwise income(s) as per procedures prescribed by the law. A separate Schedule is provided for such
(iv)Set off, as per procedures prescribed by the law, loss(es) and/or allowance(s) of earlier assessment year(s) brought forward. Also, compute loss(es) and/or allowance(s) that could be set off in future and is (are) to be carried forward as per procedures prescribed by the law. Separate Schedules are provided for this.
(v)Aggregate the headwise
(vi)From gross total income, subtract, as per procedures prescribed by the law, “deductions” mentioned in Chapter VIA of the
(a)Compute
(b)Add surcharge as prescribed by the law on the above tax payable.
(c)Add Education Cess as prescribed on the tax payable plus surcharge.
(d)Claim relief(s) as prescribed by the law, on account of arrears or advances of salary received during the year or of double taxation and calculate balance tax and surcharge payable.
(e)Add interest payable as prescribed by the law to reach total tax, surcharge and interest payable.
(f)Deduct the amount of prepaid taxes, if any, like “tax deducted at source”,
(3)Obligation to file return
(a)Every individual and HUF has to furnish the return of his income if his total income before allowing deduction under Chapter
(b)The losses, if any,
11. SCHEME OF THE FORM
The Scheme of this form follows the scheme of the law as outlined above in its basic form. The Form has been divided into two parts. It also has fifteen work tables (referred to as “schedules”). The parts and the schedules are described below:-
(i)The first part, i.e.,
(ii)The second part, i.e,
(iii)on page 2, there is a space for furnishing details of the transmission of the data of the form if the form has been furnished in the manner mentioned at instruction No.5(iii).
(iv)After
(v)On top of page 3, there are details to be filled if the return has been prepared by a Tax Return Preparer.
(vi)On pages 3 to 6, there are 15 Schedules details of which are as under-
(a)
(b)
(c)
(d)
(e)
(f)
(g)Schedule- CFL: Statement of losses to be carried forward to future years.
(h)
(i)Schedule SPI: Statement of income arising to spouse/ minor child/ son’s wife or any other person or association of persons to be included in the income of assessee in
(j)
(k)
(l)
(m)
(n)
(o)
12.GUIDANCE FOR FILLING OUT PARTS AND SCHEDULES
(1)General
(i)All items must be filled in the manner indicated therein; otherwise the return maybe liable to be held defective or even invalid.
(ii)If any schedule is not applicable score across as
(iii)If any item is inapplicable, write “NA” against that item.
(iv)Write “Nil” to denote nil figures.
(v)Except as provided in the form, for a negative figure/ figure of loss, write
(vi)All figures should be rounded off to the nearest one rupee. However, the figures for total income/ loss and tax payable be finally rounded off to the nearest multiple of ten rupees.
(2)Sequence for filling out parts and schedules
You are advised to follow the following sequence while filling out the form;
Part A- General on page 1.
Schedules
Part
Verification
Details relating to TRP and counter signature of TRP if return is prepared by him.
13.
Most of the details to be filled out in
(a)
(b)In case of an individual, for “employer category”, Government category will include Central Government/ State Governments employees. PSU category will include public sector companies of Central Government and State Government;
(c)The code for sections under which the return is filed be filled as per code given in instruction No.9(i).
(d)In case the return is being filed by you in a representative capacity, please ensure to quote your PAN in item “PAN of the representative assessee”. In case the PAN of the person being represented is not known or he has not got a PAN in India, the item for PAN in the first line of the return may be left blank. It may please be noted that in the first line of this form, the name of the person being represented be filled.
14.SCHEDULES
(a)
(b)
(i)Annual letable value means the amount for which the house property may reasonably be expected to let from year to year, on a notional basis: Deduction for taxes paid to local authority shall be available only if the property is in the occupation of a tenant, and such taxes are borne by the assessee and not by the tenant and have actually been paid during the year.
(ii)Deduction is available for unrealized rent in the case of a
(iii)Item 3b of this Schedule relates to enhancement of rent with retrospective effect. Here mention back years’ extra rent received thereon, and claim deduction @ 30% of such arrear rent received.
(c)
(i)If more than one
(ii)For computing
Sl.No. |
Financial Year |
Cost Inflation |
Sl.No. |
Financial Year |
Cost Inflation Index |
|
|
Index |
|
|
|
1. |
100 |
14. |
259 |
||
2. |
109 |
15. |
281 |
||
3. |
116 |
16. |
305 |
||
|
|
|
|
|
|
4. |
125 |
17. |
331 |
||
5. |
133 |
18. |
351 |
||
6. |
140 |
19. |
389 |
||
7. |
150 |
20. |
406 |
||
8. |
161 |
21. |
426 |
||
9. |
172 |
22. |
447 |
||
10. |
182 |
23. |
463 |
||
11. |
199 |
24. |
480 |
||
12. |
223 |
25. |
497 |
||
13. |
244 |
26. |
519 |
(iii)Sections 54/ 54B/ 54D/ 54EC/ 54F mentioned in this schedule provides exemption on capital gains subject to fulfillment of certain conditions. Exemption under some of these sections is available only in respect of
(iv)Item C of this Schedule computes the total of
(d)
(i) |
Against item 1a and 1b, enter the details of gross income by way of dividend and interest which is not |
|
exempt. |
(ii)Against item 1c, indicate the gross income from machinery, plant or furniture let on hire and also such income from building where its letting is inseparable from the letting of the said machinery, plant or furniture, if it is not chargeable to
(iii)Income from owning and maintaining race horses is to be computed separately as loss from owning and maintaining race horses cannot be adjusted against income from any other source, and can only be carried forward for set off against similar income in subsequent years.
(iv)Winnings from lotteries, crossword puzzles, races etc., are subject to special rates of tax; hence a separate item is provided.
(v)Item 5 of this Schedule computes the total income chargeable under the head “Income from other sources” (item 1g + item 2 + item 3 + item 4c). If balance in item 4c from owning and maintaining race horses is a loss, please enter in item 5 only the sum of item 1g, item 2 and item 3.
(e)
(i)Furnish the details of income of spouse, minor child, etc., if to be included in your income in accordance with provisions of Chapter V of the
(ii)The income entered into this Schedule has to be included in the respective head.
(iii)Section 10(32) provides exemption to extent of Rs. 1,500/- in respect of minor’s income for the purpose of clubbing. Therefore, exclude Rs. 1,500/- from the income of the minor while clubbing the income of the minor in the respective head. However, if income of the minor is to be clubbed in various heads, total exclusion should not exceed Rs.
(f)
(i)Mention only positive incomes of the current year in column 1, headwise, in the relevant rows.
(ii)Mention total current year’s loss(es), if any, from house property and other sources (other than losses from race horses) in the space above columns 2 and 3 respectively. These losses are to be set off against income under other heads in accordance with the provisions of section 71. The amount set off against the income of respective heads has to be entered into in columns 2 and 3, in the relevant rows.
(iii)Mention the
(iv)Total of loss set off out of column 2 and column 3 have to be entered into row vi.
(v)The losses remaining for set off have to be entered in row vii.
(g)
(i)Mention only positive incomes of the current year (after
(ii)The amount of brought forward losses which may be set off are to be entered in column 2 in respective rows.
(iii)The end result of the set off will be entered in column 3 in respective heads. The total of column 3 shall be entered in row vii which shall give the amount of gross total income.
(iv)The total amount of brought forward losses set off during the year shall be entered in column 2 of row vi.
(h)
(i)In this Schedule, the summary of losses carried from earlier years, set off during the year and to be carried forward for set off against income of future years is to be entered.
(ii)The losses under the head “house property”, short term capital loss and long term capital loss, losses from other sources (other than losses from race horses) are allowed to be carried forward for 8 years. However, loss from owning and maintaining race horses can be carried forward only for 4 assessment years.
(i)
The total of the deductions allowable is limited to the amount of gross total income. For details of deductions allowable, the provisions of the Chapter
(i)Section 80C (Some of the major items for deduction under this section are- amount paid or deposited towards life insurance, contribution to Provident Fund set up by the Government, recognised Provident Fund, contribution by the assessee to an approved superannuation fund, subscription to National Savings Certificates, tuition fees, payment/ repayment for purposes of purchase or construction of a residential house and many other investments)(for full list, please refer to section 80C of the
(ii)Section 80CCC (Deduction in respect of contributions to certain pension funds).
(iii)Section 80CCD (Deduction in respect of contributions to pension scheme of Central Government)
(iv)Section 80D (Deduction in respect of Medical Insurance Premium)
(v)Section 80DD (Deduction in respect of maintenance including medical treatment of dependent who is a person with disability)
(vi)Section 80DDB (Deduction in respect of medical treatment, etc.)
(vii)Section 80E (Deduction in respect of interest on loan taken for higher education)
(viii)Section 80G (Deduction in respect of donations to certain funds, charitable institutions, etc.)
(ix)Section 80GG (Deduction in respect of rents paid)
(x)Section 80GGA (Deduction in respect of certain donations for scientific research or rural development)
(xi)Section 80GGC (Deduction in respect of contributions given by any person to political parties)
(xii)Section 80RRB (Deduction in respect of royalty on patents)
(xiii)Section 80U (Deduction in case of a person with disability)
(j)
Mention the income included in
(k)
(i)Furnish the details of income like agriculture income, interest, dividend, etc. which is exempt from tax.
(ii)The details may be filled on cash basis unless there is any provision/ requirement to declare them on accrual basis.
(l)
In this Schedule, please fill out the details as explained in Instruction No.9(ii)
(m)
(i)In this schedule, fill out the details of payment of advance
(ii)The details of BSR Code of the bank branch (7 digits), date of deposit, challan serial no., and amount paid should be filled out from the acknowledgement counterfoil.
(n)
(i)In these Schedules fill the details of tax deducted on the basis of TDS certificates( Form 16 or Form No.16A) issued by the deductor(s).
(ii)Details of each certificate are to be filled separately in the rows. In case rows provided in these Schedules are not sufficient, please attach a table in same format.
(iii)It may please be noted that the TDS certificates are not to be annexed with the Return Form.
15.PART
(i)In this part the summary of income computed under various heads and as set off in Schedule CFLA and Schedule BFLA is to be entered.
(ii)Every entry which have to be filled on basis of Schedules have been crossed referenced and hence doesn’t need any further clarification.
16.PART
(a)in item 1a, fill the details of gross tax liability to be computed at the applicable rate. The tax liability has to be computed at the rates given as under:-
(A)In case of individuals (other than women and individuals who are of the age of 65 years or more at any
time during the financial year
Income (In Rs.) |
Tax Liability (In Rs.) |
Upto Rs. 1,00,000 |
Nil |
Between Rs. 1,00,000 - Rs. 1,50,000 |
10% of income in excess of Rs. 1,00,000 |
Between Rs. 1,50,000 – Rs. 2,50,000 |
5,000 + 20% of income in excess of Rs. 1,50,000 |
Above Rs.2,50,000 |
25,000 + 30% of income in excess of Rs. 2,50,000 |
(B)In case of women (other than women who are of the age of 65 years or more at any time during the financial year
Income (In Rs.) |
Tax Liability (In Rs.) |
Upto Rs. 1,35,000 |
Nil |
Between Rs. 1,35,000 - Rs. 1,50,000 |
10% of income in excess of Rs. 1,35,000 |
Between Rs. 1,50,000 – Rs. 2,50,000 |
1,500 + 20% of income in excess of Rs. 1,85,000 |
Above Rs.2,50,000 |
21,500 + 30% of income in excess of Rs. 2,50,000 |
(C)In case of individuals who are of the age of 65 years or more at any time during the financial year
Income (In Rs.) |
Tax Liability (In Rs.) |
Upto Rs. 1,85,000 |
Nil |
Between Rs. 1,85,000 – Rs. 2,50,000 |
20% of income in excess of Rs. 1,50,000 |
Above Rs.2,50,000 |
13,500 + 30% of income in excess of Rs. 2,50,000 |
(b)In item 2, fill the details of surcharge at the rate of ten per cent of item No.1c, if the total income as per item No.11 of
(c)In item No. 3, calculate the education cess at the rate of two per cent of [item No.1c + item No. 2]
(d)In item No. 5a, claim the relief if any allowable under section 89 in respect of arrears or advances of salary received during the year.
(e)In item 9b, please furnish the details in accordance with Form 16 issued by the employer(s) in respect of salary income and Form 16A issued by any other person in respect of interest income.
(f)item 14- Please quote the MICR code of the bank if you desire to receive the refund through electronic clearing system (ECS). However, it may not be possible to issue the refund in all cases through ECS since the ECS facility is not available across the country.
17.VERIFICATION
(a)In case the return is to be furnished in a paper format or electronically under digital signature or in a bar coded return format, please fill up the required information in the Verification. Strike out whatever is not applicable. Please ensure that the verification has been signed before furnishing the return. Write the designation of the person signing the return.
(b)In case the return is to be furnished electronically in the manner mentioned in instruction no. 5(iii), please fill verification form (Form
(c)Please note that any person making a false statement in the return or the accompanying schedules shall be liable to be prosecuted under section 277 of the
18.DETAILS REGARDING TAX RETURN PREPARER (TRP)
(a)This return can be prepared by a Tax Return Preparer (TRP) also in accordance with the Tax Return Preparer Scheme, 2006 dated 28th November, 2006.
(b)If the return has been prepared by him, the relevant details have to be filled by him in item No.16 below verification and the return has to be countersigned by him in the space provided in the said item.
(c)The Tax Return Preparer is entitled to a maximum fees of Rs. 250/- from the taxpayer. TRP is also entitled to a reimbursement from the Government for following three years as under:-
(i)3 per cent of the tax paid on the income declared in the return for the first eligible assessment year (first eligible assessment year means the assessment year if no return has been furnished for at least three assessment years preceding to that assessment year);
(ii)2 per cent of the tax paid on the income declared in the return for the second eligible assessment year (second eligible assessment year means the assessment year immediately following the first eligible assessment year);
(iii)1 per cent of the tax paid on the income declared in the return for the third eligible assessment year (third eligible assessment year means the assessment year immediately following the second eligible assessment year);
(d)For these three eligible assessment years, the TRP will be eligible for the fee from the taxpayer to the extent of the amount by which Rs. 250/- exceeds the amount of reimbursement receivable by him from the Government.