44ds Income

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Name of Assessee

Father's Name
Husband Name
Address
E-Mail
Status
Ward
PAN
Residential Status
Nature of Business
Filing Status
Aadhaar No:
Bank Name
Tele:

Computation of Total Income

Income from Business or Profession (Chapter IV D) 262690


Income u/s 44AD 262690

Income from Other Sources (Chapter IV F) 231940

Interest From Saving Bank A/c 9340


Income from Home Tuitions 222600
231940

Gross Total Income 494630

Less: Deductions (Chapter VI-A)


u/s 80C
Mutual Fund 87500
87500
u/s 80TTB (Interest From Saving Bank Account & FDR.) 9340
u/s 80D (payment Rs. 5000/-) 5000
101840
Total Income 392790
Round off u/s 288 A 392790
Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

Tax Due 4640


(Exemption Limit
Rs. 300000)
Rebate u/s 87A 4640
0
Tax Payable 0

Tax calculation on Normal income of Rs 392790/-


Exemption Limit :300000
Tax on (392790-300000) =92790 @5% = 4639
Total Tax = 4639
NAME OF ASSESSEE :

Due Date for filing of Return July 31, 2020


Due date extended to 10/01/2021
Income Declared u/s 44 AD
Gross Receipts/Turnover 806320.00
Book Profit 262690.00 32.58 %
Deemed Profit 64505.60 8.00 %
Net Profit Declared 262690.00 32.58 %

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