20-21 COMPUTATION (1) Amarjit Kaur

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Name : Mrs.

AMARJIT KAUR
Father's Name : Shri RATAN SINGH
Address(O) : B Wing 404,Merwanji co.op Housing Society,opp to KEM Hospital,Parel,Mumbai-400012

Permanent Account No : KNYPK4450D Date of Birth : 15/01/1982


AADHAR No. : 790003559355
Sex : Female
Status : Individual Resident Status Resident
Previous year : 2019-2020 Assessment Year : 2020-2021
Ward/Circle : V1 Return : ORIGINAL
Nature of Business or Other services n.e.c. - 21008
Profession

Computation of Total Income


Income Heads Income Income After
Before Set off Set off

Income from Salary 0 0

Income from House Property 325214 325214

Income From Business or Profession 145200 145200

Income from Capital Gains 0 0

Income from Other Sources 4208 4208

Gross Total Income 474622

Less : Deduction under Chapter VIA 4208

Total Income 470414

Rounding off u/s 288A 470410

Income Taxable at Normal Rate 470410


Income Taxable at Special Rate 0

TAX CALCULATION
Basic Exemption Limit Rs. 250000
Tax at Normal Rates 11020
Total Tax 11020
Less : Tax Rebate u/s 87A 11020
Tax Payable 0
Amount Payable 0
Tax Rounded Off u/s 288 B 0
COMPREHENSIVE DETAIL

Exempted Income Section Amount


SHARE DIVIDEND 991
991

Income From House Property 325214


LetOut Property 325214
Tenant:.
JEEVAN NAGAR, CHANDIGARH ROAD,
LUDHIANA LUDHIANA 141002
Annual Letable Value 506000
Less:Taxes paid to local authority 41409
Total 464591
Less:Deduction u/s 24 139377
Statutory Deduction of 30% 139377
Property Income From JEEVAN NAGAR, 325214
CHANDIGARH ROAD, LUDHIANA LUDHIANA
141002

Total of House Property 325214

Income from Business & Profession Details


145200
AMARJIT KAUR
Net Profit As Per P&L A/c 145200
Less:Items Admissible/for Separate 145200
Consideration
Profit From Business 44AD 145200
Loss From KIRANDEEP KAUR 0
Business Income u/s 44AD
Gross Receipts (Banking channel) 0
Gross Receipts (Other mode) 178450
Total Gross Receipts 178450
Actual Profit 145200
Actual Profit %age is 81.37%
Deemed Profit @6% on Gross Receipts 0
(Banking channel)
Deemed Profit @8% on Gross Receipts (Other 14276
mode)
Deemed Profit against Turnover 14276
Higher of Assessable profit 145200
Business Income From 44AD 145200
Total of Business & Profession 145200

Income From Other Sources 4208

Interest on Bank Savings 4208


Saving Interest 4208

Total Income 4208

Total of Other Sources 4208

Deductions Under Chapter VIA 4208

Description Gross Deductable


Amount Amount
u/s 80TTA (Interest on deposit in saving 4208 4208
account)

44AD Turnover Detail


Description Turnover(Non Turnover Gross Actual Profit Actual Profit
Banking) (Banking Turnover (%)
Channel)
KIRANDEEP KAUR 178450 0 178450 145200 81.37
Total 178450 0 178450 145200

Summary Information In a case where regular books of account of business or profession are not maintained
Balance Sheet Profit And Profit And
Loss Loss
(Profession)
Cash Balance 45900 Gross -
receipts
Gross profit -
Expenses -
Net profit -
Return Filing Due Date : 31/07/2020 Return Filing Section : 139(1)
Due Date Extended upto : 10/01/2021 Notification No : Press Release 30/12
Interest Calculated Upto : 08/10/2020
Date of E_Filing : 08/10/2020 Acknowledgement No : 631867190081020
Details of Bank Accounts :
No of Bank Account :- 1
Sr.No. IFS Code Name & Branch Account No. Type

1 IDFC BANK IDFC FIRST BANK LIMITED MUMBAI CITY(MH) 50100391754057 Saving

Verified By: AMARJIT KAUR

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