Balance Sheet Itr - Formats

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NAME NARESH KUMAR

PAN DUDPK5790P
A.Y. 2019-20

COMPUTATION OF TOTAL INCOME


INCOME HEADS
INCOME FROM BUSINESS & PROFESSION 342000
INCOME FROM OTHER SOURCES -
GROSS TOTAL INCOME 342000

LESS : TOTAL DEDUCTIONS & EXPENSES 60000

TOTAL TAXABLE INCOME 282000

TAX CALCULATION
TAX PAYABLE ON TOTAL INCOME(C20) 1600
Rebate u/s 87A 1600
Health and Education Cess @ 4% on (D3) -
Relief u/s 89(Please ensure to submit Form 10E) -
Total Interest u/s 234A -
Total Interest u/s 234B -
Total Interest u/s 234C -
Fees u/s 234F -
Total Tax, Fee and Interest 0
PROFIT & LOSS AMOUNT
GROSS RECEIPTS 530000.00
INDIRECT EXPENSES 188000.00
NET PROFIT 342000.00

BALANCE SHEET AMOUNT


SUNDRY DEBTORS 6000.00
CASH IN HAND 6000.00
FIXED ASSETS 22000.00
SUNDRY CREDITORS 12000.00
NAME SANJEEV KUMAR JAIN
PAN AIEPJ7581R
A.Y. 2019-20

COMPUTATION OF TOTAL INCOME


INCOME HEADS
INCOME FROM BUSINESS & PROFESSION 292000
INCOME FROM OTHER SOURCES -
GROSS TOTAL INCOME 292000

LESS : TOTAL DEDUCTIONS & EXPENSES

TOTAL TAXABLE INCOME 292000

TAX CALCULATION
TAX PAYABLE ON TOTAL INCOME(C20) 2100
Rebate u/s 87A 2100
Health and Education Cess @ 4% on (D3) -
Relief u/s 89(Please ensure to submit Form 10E) -
Total Interest u/s 234A -
Total Interest u/s 234B -
Total Interest u/s 234C -
Fees u/s 234F -
Total Tax, Fee and Interest 0
PROFIT & LOSS AMOUNT
GROSS RECEIPTS 393895.00
INDIRECT EXPENSES 101895.00
NET PROFIT 292000.00

BALANCE SHEET AMOUNT


SUNDRY DEBTORS -
CASH IN HAND 8000.00
FIXED ASSETS -
SUNDRY CREDITORS -
NAME SUNIL KUMAR
PAN AFZPK7280C
A.Y. 2019-20

COMPUTATION OF TOTAL INCOME


INCOME HEADS
INCOME FROM BUSINESS & PROFESSION 338000
INCOME FROM OTHER SOURCES -
GROSS TOTAL INCOME 338000

LESS : TOTAL DEDUCTIONS & EXPENSES

TOTAL TAXABLE INCOME 338000

TAX CALCULATION
TAX PAYABLE ON TOTAL INCOME(C20) 4400
Rebate u/s 87A 2500
Health and Education Cess @ 4% on (D3) 76
Relief u/s 89(Please ensure to submit Form 10E) -
Total Interest u/s 234A -
Total Interest u/s 234B -
Total Interest u/s 234C -
Fees u/s 234F -
Total Tax, Fee and Interest 1976
PROFIT & LOSS AMOUNT
GROSS RECEIPTS 467000.00
INDIRECT EXPENSES 129000.00
NET PROFIT 338000.00

BALANCE SHEET AMOUNT


SUNDRY DEBTORS -
CASH IN HAND -
FIXED ASSETS -
SUNDRY CREDITORS -

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