Computation of income Tax

Personal Details

First Name SARATH

Last name GUTHA
Date of Birth 03/04/1995
Email Address sharath.cag@gmail.com
Bank Account (Primary) 067601501333
Regime Old

Income Tax Return Details

Sr. No.
1 Return Form
2 Return Type
3 Return Status
4 Acknowledgement Number

Incomes

Salary Income Details

Sr. No.
Income Chargeable to tax under the head Salary Income

House Property Income Details

Sr. No.
Total Income Charegeable Under the head House Property

Capital Gains Income Details

From sale of Other Assets
Sr. No. Particulars
1 Equity Shares/ESOPs/RSUs
2 Equity MFs/ETFs
3 Debt Bonds/Debentures
4 Debt MFs/ETFs
Total

From Sale of Immovable Property

Sr. No.
 From sale of Other Assets
Sr. No.

Capital Gains Matrix

15%
Short Term Capital Gains 30%
Slab Rate
10%
Long Term Capital Gains
20%
Total Losses Set Off
Loss Remaining After Set Off

Income from Presumptive Business/Profession

Sr. No.

From Digital/Bank Transactions 6%

From Other Transactions 8%
Total

Total Income Charegeable Under the head Income from Business u/s 44AD

Income from profession (>=50% of

Gross Reciepts)

Total Income Charegeable Under the head Income from Profession u/s
44ADA

Income from Non-Speculative/Speculative Business/Profession

Sr. No.
Trade Name
1 Nature of Business
GSTIN

Speculative
Non Speculative

Profession
 Assets & Liabilties Details
Balance with Broker
Assets
Fixed Assets
Liabilities Proprietors Capital

Income from Other Sources

Sr. No.
1 Savings Interest
2 Fixed Deposit Interest
3 Interest on Tax Refund
4 Other Interest
5 Family Pension
6 Income From Other Sources
7 Dividend from Foreign Company
8 Dividend from Domestic Company

Total Income chargeable Under the head Income from other sources

Exempt Income
Sr. No.
1 PPF Interest
2 Gift
3 Other Exempt Income
Total Exempt Income

Loss Summary
Sr. No. Particulars
1 Current Year Loss Adjusted
2 Brought Forward Loss Adjusted
3 Carry Forward Losses

Current Year Loss Adjustment Matrix

Salary ₹0
House Property ₹0
Non-Speculative Business Income ₹0
Speculative Business Income ₹0
STCG@15% ₹0
STCG@30% ₹0
 STCG Slab Rate ₹0
LTCG@10% ₹0
LTCG@20% ₹0
IFOS ₹0
Total Losses Set Off
Total Losses Carried Forward

Brought Forward Loss Adjustment Matrix

Salary ₹0
House Property ₹0
STCG@15% ₹0
STCG@30% ₹0
STCG Slab Rate ₹0
LTCG@10% ₹0
LTCG@20% ₹0
IFOS ₹0
Total Losses Set Off
Total Losses Carried Forward

Carry Forward Losses

AY Income Head
House Property
Speculative B&P
AY 2015-16 Non-Speculative B&P
STCG
LTCG
House Property
Speculative B&P
AY 2016-17 Non-Speculative B&P
STCG
LTCG
House Property
Speculative B&P
AY 2017-18 Non-Speculative B&P
STCG
LTCG
House Property
Speculative B&P
AY 2018-19 Non-Speculative B&P
AY 2018-19
STCG
LTCG
House Property
Speculative B&P
AY 2019-20 Non-Speculative B&P
STCG
LTCG
House Property
Speculative B&P
AY 2020-21 Non-Speculative B&P
STCG
LTCG
House Property
Speculative B&P
AY 2021-22 Non-Speculative B&P
STCG
LTCG
House Property
Speculative B&P
AY 2022-23 Non-Speculative B&P
STCG
LTCG

Chapter VI-A Deductions

80C
80CCC
80CCD(1)
80CCD(1B)
80CCD(2)
Medical Insurance Premium(Self & Family)
Medical Expenditure(Self & Family)
Preventive Health Checkup(Self & Family)
80D Medical Insurance Premium(Parents/Parents Senior Citizen)
Medical Expenditure(Parents/Parents Senior Citizen)
Preventive Health Checkup(Parents/Parents Senior Citizen)
Total
80DD
80DDB
80E
80EE/EEA
 80EEB
80G
80GG
80GGC
80TTA/80TTB
80U
Total Deductions

Computation of Income
Sr. No.
1 Total Headwise Income
2 Current Year Loss Adjustment (CYLA)
3 Brought Forward Loss Adjustment (BFLA)
4 Carry Forward Losses (CFL)
5 Gross Total Income (1-2-3)
6 Total Chapter VI-A Deductions
7 Total Taxable Income (5-6)
8 Exempt Income
9 Tax Payable at Normal Rate
10 Tax Payable at Special Rate
11 Total Tax Payable (9+10)
12 Rebate u/s 87a
13 Surcharge
14 Health & Education cess
15 Total Tax and Cess (11-12+13)
16 Relief u/s 89

17 Interest & Penalty

18 Total Tax Payable (14-15+16)

19 Total Taxes paid
20 Refund (18-17)

Total Taxes Paid

Details of Tax Deducted at source
Sr. No. TAN of Deductor
Total

Details of Tax Collected at source

 Sr. No. TAN of Collector
Total

Details of Advance Tax/Self Assessment

Sr. No. BSR Code
Total

Interest & Penalty

Sr. No. Under Section
1 234A (1%)
2 234B (1%)

Interest u/s 234C

Installment By 15th June
Percentage 15%
Total Tax Payable ₹0
Tax to be deposited ₹0
Tax Credits ₹0
Tax Dues ₹0
Interest (1% pm) ₹0

Additional Details
Director's Details
DIN
Sr. No.

Unlisted Shares Details

Buy Transaction Details
Date of Transaction Quantity

Sell Transaction Details

Date of Transaction Quantity

Assets & Liabilties Details

Assets Details
Type Description
Liabilities Details

Profit & Loss Account for FY 2021-22

Particulars Amount
 Loss from Non-Speculative
-₹1,384,310
Business/Profession

Rates & Taxes ₹47,395

STT ₹29,336

CTT ₹0
IGST ₹16,265
CGST ₹0
SGST ₹0
Stamp Duty ₹1,794
Any other Rate, Tax, Duty or Cess ₹0

Transfer Expenses ₹90,532

Brokerage ₹28,226
Turnover Charges ₹168
Transaction Charges ₹62,138
Clearing Charges ₹0

Utilities ₹12,000
Internet Bill ₹12,000
Electricity Bill ₹0
Mobile Bill ₹0

Professional/Consultancy Expenses ₹0

Legal & Professional Fees ₹0

Audit Fees ₹0
Advisory Expenses ₹0

Others ₹486
Interest Expenses ₹0
Depreciation Expenses ₹0
Other Expenses ₹486
 Total ₹1,534,723

Balance Sheet as on 31/03/2022

Liabilities
Particulars Amount

Properitor's Capital ₹132,107

Loans Received ₹0

Unsecured Loans from Others ₹0

Current Liabilities and Provisions ₹0

Creditors ₹0

Other Current Liabilities ₹0

Provisions for Expenses ₹0

Total ₹132,107
mputation of income Tax

Personal Details

Middle Name CHANDRA

PAN BPTPG7561P
Mobile 9640201269
Residential Status Resident
IFSC ICIC0000676

come Tax Return Details

ITR-3
Original
In Progress

Incomes

Salary Income Details

ble to tax under the head Salary Income ₹0

se Property Income Details

regeable Under the head House Property ₹0

pital Gains Income Details

rom sale of Other Assets
LTCG STCG
₹0 -₹3,330
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 -₹3,330

Sale of Immovable Property

rom sale of Other Assets

Short Term Capital Loss

rix 15%
₹3,330
₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
Off ₹0
Set Off ₹3,330

m Presumptive Business/Profession

Gross Receipt Income u/s 44AD

₹0 ₹0
₹0 ₹0
₹0 ₹0

e Under the head Income from Business u/s 44AD ₹0

Gross Reciepts Income u/s 44ADA

₹0 ₹0

ble Under the head Income from Profession u/s

₹0
44ADA

peculative/Speculative Business/Profession

Zerodha Trading Account

09028-Retail sale of other products n.e.c

Turnover Profit/Loss
₹1,120 ₹1,120
₹69,282,535 -₹1,384,310
Turnover Profit/Loss
₹0 ₹0
ssets & Liabilties Details
Balance with Broker ₹132,107
Fixed Assets ₹0
Proprietors Capital ₹132,107

come from Other Sources

Savings Interest ₹0
Fixed Deposit Interest ₹0
Interest on Tax Refund ₹0
Other Interest ₹0
Family Pension ₹0
come From Other Sources ₹0
dend from Foreign Company ₹0
end from Domestic Company ₹0

ble Under the head Income from other sources ₹0

Exempt Income

PPF Interest ₹0
Gift ₹0
Other Exempt Income ₹0
Total Exempt Income ₹0

Loss Summary
Particulars Amount
urrent Year Loss Adjusted ₹0
ught Forward Loss Adjusted ₹0
Carry Forward Losses ₹3,437,658

House Property Loss Non-Speculative Business

₹0 ₹1,533,603
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
 ₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹1,533,603

House Property Loss STCL

₹0 ₹725
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹725

Carry Forward Losses

Income Head Amount
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹0
STCG ₹0
LTCG ₹0
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹0
STCG ₹0
LTCG ₹0
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹0
STCG ₹0
LTCG ₹0
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹0
 STCG ₹0
LTCG ₹0
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹0
STCG ₹0
LTCG ₹0
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹435,000
STCG ₹0
LTCG ₹0
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹1,465,000
STCG ₹725
LTCG ₹0
House Property ₹0
Speculative B&P ₹0
Non-Speculative B&P ₹1,533,603
STCG ₹3,330
LTCG ₹0

Chapter VI-A Deductions

₹0
₹0
₹0
₹0
₹0
nsurance Premium(Self & Family) ₹0
cal Expenditure(Self & Family) ₹0
e Health Checkup(Self & Family) ₹0
Premium(Parents/Parents Senior Citizen) ₹0
diture(Parents/Parents Senior Citizen) ₹0
Checkup(Parents/Parents Senior Citizen) ₹0
Total ₹0
₹0
₹0
₹0
₹0
 ₹0
₹0
₹0
₹0
₹0
₹0
s ₹0

Computation of Income

Total Headwise Income ₹0

Year Loss Adjustment (CYLA) ₹0
Forward Loss Adjustment (BFLA) ₹0
arry Forward Losses (CFL) ₹3,437,658
oss Total Income (1-2-3) ₹0
al Chapter VI-A Deductions ₹0
otal Taxable Income (5-6) ₹0
Exempt Income ₹0
ax Payable at Normal Rate ₹0
ax Payable at Special Rate ₹0
Total Tax Payable (9+10) ₹0
Rebate u/s 87a ₹0
Surcharge ₹0
Health & Education cess ₹0
al Tax and Cess (11-12+13) ₹0
Relief u/s 89 ₹0
u/s 234A ₹0
u/s 234B ₹0
u/s 234C ₹0
u/s 234F ₹0
al Tax Payable (14-15+16) ₹0
Total Taxes paid ₹0
Refund (18-17) ₹0

Total Taxes Paid

Details of Tax Deducted at source
Name of Deductor Income Earned
Total

Details of Tax Collected at source

 Name of Collector Expense Incurred
Total

Details of Advance Tax/Self Assessment

Challan Date of Deposit
Total

Interest & Penalty

Tax Dues Months In Between
₹0 0
₹0 0

Interest u/s 234C

By 15th Sept By 15th Dec
45% 75%
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0

s
s

Unlisted Shares Details

Buy Transaction Details
Face Value Issue Price/Purchase Price

Sell Transaction Details

Issue Price/Purchase Price Total Price

etails

Amount
s

& Loss Account for FY 2021-22

Particulars Amount
Profit from Presumptive Business ₹0

Profit from Presumptive Profession ₹0

Profit from Speculative

₹1,120
Business/Profession

Net Loss ₹1,533,603

 Total ₹1,534,723

nce Sheet as on 31/03/2022

Assets
Particulars Amount

Fixed Assets ₹0
Plant & Machinary - Laptop &
₹0
Computers

Plant & Machinary - Mobile Phones &

₹0
Other
Furniture & Fittings ₹0
Agriculture Land ₹0
Non Agriculture Land ₹0
Buildings - Used for Residential
₹0
Purpose
Buildings - Used for Other Prupose ₹0

Current Assets, Loans and Advances ₹132,107

Debtors ₹0
Cash Balance ₹0
Bank Balance ₹0
Balance with Broker ₹132,107
Stock/Inventories ₹0
Other Current Assets ₹0
Loans & Advances ₹0
Total ₹132,107
Short Term Capital Loss
30% Slab Rate
₹0 ₹0
₹0 ₹0
₹0
₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
IFOS
Current Year's Income after Losses
₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
 ₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0
₹0

LTCL
Current Year's Income after Losses
₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0 ₹0
₹0
₹0
TDS
₹0
 TCS
₹0

Taxes Paid
₹0

Interest Amount
₹0
₹0

By 15th March
100%
₹0
₹0
₹0
₹0
₹0

Total Price

Total Price
 Long Term Capital Loss
10% 20%
₹0 ₹0

₹0
₹0
₹0 ₹0
₹0 ₹0
Capital Gains Remaining After Set Off

₹0
₹0
₹0
₹0
₹0