Name of Assessee JAY HARSHADBHAI THAKKAR

Father's Name HARSHADBHAI PRANLAL THAKKAR

Address F/101,SHYAM RATNA APARTMENT,OPP SHASTRI NAGAR
SOCIETY,GHATLODIA,AHMEDABAD,GUJARAT,380061
E-Mail MAHITHAKKAR4911@GMAIL.COM
Status Individual Assessment Year 2020-2021
Ward WARD 3(3)(4) AHMEDABAD () Year Ended 31.3.2020
PAN AWAPT6586E Date of Birth 26/04/1992
Residential Status Resident Sex Male
Nature of Business WHOLESALE AND RETAIL TRADE-Wholesale of other products n.e.c(09027)
A.O. Code GUJ-W-107-04
Filing Status Original
Return Filed On 27/08/2020 Acknowledgement No.: 497893810270820
Aadhaar No: 299730620244 Passport No.:
Bank Name AXIS BANK, , A/C NO:916010013523874 ,Type: ,IFSC: UTIB0000032
Tele: Mob:9979933486

Computation of Total Income

Income from Salary (Chapter IV A) 291880

T.M.SYSTEMS PVT LTD

Employer Status: Other
804 ADITYA BLDG ELLISBRIDGE AHMEDABAD
GUJARAT-380006
Salary 335880
Bonus 8400
344280
Less: Standard Deduction u/s 16(ia) 50000
Professional Tax u/s 16(iii) 2400
52400
291880

Income from House Property (Chapter IV C) -77093

Self Occupied Property

F-101SHYAMRATNA APARTMENTOPP SHASTRI
NAGAR SOCIE AHMEDABAD
Interest u/s 24(b) (77093) -77093
Ownership Share in Above Property 50.00%

Income from Business or Profession (Chapter IV D) 280838

Profit as per Profit and Loss a/c 284238

Add:
Depreciation Debited in P&L A/c 7989
Total 292227
Less:
Interest Income 3400
Depreciation as per Chart u/s 32 7989
11389
NAME OF ASSESSEE : JAY HARSHADBHAI THAKKAR A.Y. 2020-2021 PAN : AWAPT6586E Code :018

280838

Income from Speculation Business

Profit as per Profit and Loss a/c -25

Total -25
Loss from speculation business Rs. -25/-
will not set off from any other income

Income from Capital Gain (Chapter IV E) 45

Short Term Capital Gain

Capital Gain as per Details Attached 45

Long Term Capital Gain

Long Term Capital Gain u/s 112A as per -1114

Details Attached

Capital Loss Rs. 1114/- will not set off

from any other head of income

Income from Other Sources (Chapter IV F) 3400

Interest From Saving Bank A/c 3400

Gross Total Income 499070

Less: Deductions (Chapter VI-A)

u/s 80C
L.I.P. 14607
House Loan 15049
Total 29656
29656
u/s 80TTA (Interest From Saving Bank Account.) 3400
33056
Total Income 466014
Round off u/s 288 A 466010
Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

Tax Due 10801

Rebate u/s 87A 10801
0
Tax Payable 0
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NAME OF ASSESSEE : JAY HARSHADBHAI THAKKAR A.Y. 2020-2021 PAN : AWAPT6586E Code :018

Tax calculation on Normal income of Rs 466014/-

Exemption Limit :250000
Tax on (466014-250000) =216014 @5% = 10800

Due Date for filing of Return July 31, 2020

Due date extended to 30/11/2020 35/2020/F.No. 370142/23/2020-TPL DT. 24.06.2020
Statement of Current Year Loss Adjustment
Head/Source of Income Current Year House Property Business Loss of Other Sources Current Year Income
Income Loss of the the Current Year Loss of the Remaining after Set
Current Year Set Set off Current Year Set off
off off
Loss to be adjusted 77093
Salary 291880 NIL NIL NIL 291880
House Property NIL NIL NIL NIL
Business 280838 77093 NIL 203745
Speculation Business NIL NIL NIL NIL NIL
Short term Capital Gain 45 NIL NIL NIL 45
Long term Capital Gain NIL NIL NIL NIL NIL
Other Sources 3400 NIL NIL 3400
Total Loss Set off 77093 NIL NIL
Loss Remaining after NIL NIL NIL
set off
Statement of Speculation Business losses Brought/Carried Forward
Assessment Year Brought Forward Set off Carried Forward
Current Year Loss 25
Total 0 0 25

Statement of Long term Gain losses Brought/Carried Forward

Assessment Year Brought Forward Set off Carried Forward
Current Year Loss 1114
Total 0 0 1114

Details of Depreciation
Particulars Rate Opening More Less Total Sales Sales Balance Depreciation WDV
Than 180 Than 180 Less Than (Short Gain) Closing
Days Days 180 days
plant 15% 53262 0 0 53262 0 0 53262 7989 45273
Total 53262 0 0 53262 0 0 53262 7989 45273

Statement of Short Term Capital Gain

Name of Company Date of Sale Sales Price Tr. Exp. Net Sale Purchase Purchase Loss u/s Capital
Price Date cost 94(7)/(8) gain
Rcom (600) Bef. 31/3 570 0 570 2019-20 575 0 -5
Suzlon (100) Bef. 15/6 450 0 450 2019-20 400 0 50
TOTAL 1020 1020 975 45

Statement of Long Term Capital Gain Transaction Tax u/s 112A

Name of Company ISIN Qty Date of Sales Net Sale Purchase Purchase Market value Calculated Capital
Sale Price Price Price Date as on Purchase gain
31/01/18 cost #
MAHABANK (100) INE457A010 100 1175 1175 2289 2018-19 0 2289 -1114
14
TOTAL 1175 1175 2289 2289 -1114

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NAME OF ASSESSEE : JAY HARSHADBHAI THAKKAR A.Y. 2020-2021 PAN : AWAPT6586E Code :018

# Calculated Purchase Cost:-

(i). Lower of Market Value as on 31/01/2018 or Actual Sale Consideration
(ii). Calculated Purchase Cost = Higher of (i) or Actual Purchase Price

Bank Account Detail

S. No. Bank Address Account No MICR NO IFSC Code Type
1 AXIS BANK 916010013523874 UTIB0000032 (Primary)
2 KALUPUR COMMERCIAL 01210121340 KCCB0SLR012
COOPERATIVE BANK

Detail of assets and income given in return form

Profit and Loss A/C (Speculation Activities)
1. Turnover from Speculation Activities 450
2. Gross profit -25
3. Expenses If any 0
4. Net Income from Speculation Activities -25

Signature
(JAY HARSHADBHAI THAKKAR)
Date-27.08.2020
CompuTax : 018 [JAY HARSHADBHAI THAKKAR]

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