Scribd Logo
Upload

Welcome to Scribd!

  • Attachment Unlocked

    Uploaded by

    mbhalani1207
    19 views3 pages
    1. This document contains the income tax return of Virendrakumar Laxmidasbhai Bhalani for the assessment year 2021-2022. 2. Bhalani reported a total income of Rs. 2,35,920 under section 44AD of the Income Tax Act, which provides for presumptive taxation for certain businesses. 3. Bhalani is eligible for a tax refund of Rs. 610 as his total income is below the exemption limit and he had TDS of Rs. 611 during the year.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    1. This document contains the income tax return of Virendrakumar Laxmidasbhai Bhalani for the assessment year 2021-2022. 2. Bhalani reported a total income of Rs. 2,35,920 under section 44AD of the Income Tax Act, which provides for presumptive taxation for certain businesses. 3. Bhalani is eligible for a tax refund of Rs. 610 as his total income is below the exemption limit and he had TDS of Rs. 611 during the year.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    19 views3 pages

    Attachment Unlocked

    Uploaded by

    mbhalani1207
    1. This document contains the income tax return of Virendrakumar Laxmidasbhai Bhalani for the assessment year 2021-2022. 2. Bhalani reported a total income of Rs. 2,35,920 under section 44AD of the Income Tax Act, which provides for presumptive taxation for certain businesses. 3. Bhalani is eligible for a tax refund of Rs. 610 as his total income is below the exemption limit and he had TDS of Rs. 611 during the year.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 3

    Name of Assessee VIRENDRAKUMAR LAXMIDASBHAI BHALANI

    Father's Name SHRI LAXMIDASBHAI BHALANI


    Address SATGURU ELECTRICALS,10,KHODIYAR SHOPPING
    CENTRE,POR,POR,VADODARA,GUJARAT,391243
    Status Individual Assessment Year 2021-2022
    Ward ITO WARD 2(2) BARODA Year Ended 31.3.2021
    PAN AIJPB1063H Date of Birth 14/05/1972
    Residential Status Resident Sex Male
    Particular of Business Retail Trading
    Nature of Business WHOLESALE AND RETAIL TRADE-Retail sale of other products n.e.c(09028)
    Method of Accounting Mercantile
    Stock Valuation Method Cost Price or Market Price Whichever is less
    A.O. Code GUJ-W-302-02
    GSTIN No. 24AIJPB1063H1ZR
    Filing Status Original
    Return Filed On 20/12/2021 Acknowledgement No.: 278432530201221
    Bank Name Bank of Baroda, POR BRANCH,POR DIST.BARODA,POR,391243
    ,MICR:390012044, A/C NO:11400200000377 ,Type: Current ,IFSC:
    BARB0PORXXX
    Tele: Mob:9879460551

    Computation of Total Income [As per Normal Provisions]

    Income from Business or Profession (Chapter IV D) 235921


    Income u/s 44AD 235921

    Gross Total Income 235921

    Total Income 235921


    Round off u/s 288 A 235920
    Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

    Tax Due 0
    T.D.S./T.C.S 611
    -611
    Refundable (Round off u/s 288B) 610

    Tax calculation on Normal income of Rs 235920/-


    Exemption Limit :250000
    Normal income :235920

    T.D.S./ T.C.S. From


    Non-Salary(as per Annexure) 611
    Due Date for filing of Return July 31, 2021
    Due date extended to 31/12/2021 F. No. 225/49/2021/ITA-1I Dt 09-Sep-2021
    Income Declared u/s 44 AD
    Gross Receipts/Turnover 451090.00
    Deemed Profit 36087.20 8.00 %
    Net Profit Declared 235921.00 52.30 %
    NAME OF ASSESSEE : VIRENDRAKUMAR LAXMIDASBHAI BHALANI A.Y. 2021-2022 PAN : AIJPB1063H

    Details of T.D.S. on Non-Salary(26 AS Import Date:20 Dec 2021)


    S.No Name of the Deductor Tax deduction A/C No. of Total Tax deducted Amount out of (4)
    the deductor claimed for this year
    1 BROOKS LABORATORIES LIMITED PTLB12185F 134 134
    2 PICSON CONSTRUCTION EQUIPMENTS PRIVATE BRDP03131C 469 469
    LIMITED
    3 SUZLON ENERGY LTD PNES07130E 8 8
    TOTAL 611 611

    Head wise Summary on Income and TDS thereon


    Head Section Amount As per Location of Income for TDS
    Paid/Credited As Computation Comparison
    per 26AS
    Business 194C 64620 451090 Gross Receipt/Turnover 611
    44AD:451090
    Total 64620 451090 611

    Details of Taxpayer Information Summary (TIS)


    S.NO INFORMATION CATEGORY DERIVED As Per Computation Difference
    . VALUE(Rs.)
    1 Interest from income tax refund 66
    2 Business receipts 64620 No account case gross
    receipts business
    /profession
    Total Gross 451090
    Receipts/Turnover (44AD)
    451090 -386470

    GST Turnover Detail


    S.NO. GSTIN Turnover
    1 24AIJPB1063H1ZR 451090
    TOTAL 451090

    Details of Turnover as per GSTR-3B (Imported From Form 26AS)


    S.NO. GSTIN ARN Date Period Taxable Turnover Total Turnover
    1 24AIJPB1063H1ZR AA240420671724D 29-Jun-2020 April,2020 2550 2550
    2 24AIJPB1063H1ZR AA2405205861990 29-Jun-2020 May,2020 7885 7885
    3 24AIJPB1063H1ZR AA240620349154J 14-Jul-2020 June,2020 42320 42320
    4 24AIJPB1063H1ZR AA240720148074K 06-Aug-2020 July,2020 87240 87240
    5 24AIJPB1063H1ZR AA240820635841B 18-Sep-2020 August,2020 14510 14510
    6 24AIJPB1063H1ZR AA240920356989L 10-Oct-2020 September,2020 53380 53380
    7 24AIJPB1063H1ZR AA2411204996555 15-Dec-2020 November,2020 35190 35190
    8 24AIJPB1063H1ZR AA241020526479H 12-Nov-2020 October,2020 83150 83150
    9 24AIJPB1063H1ZR AA2403214199782 09-Apr-2021 March,2021 108135 108135
    10 24AIJPB1063H1ZR AA241220596696Z 12-Jan-2021 December,2020 16730 16730
    Total 451090.00 451090.00

    Signature
    (VIRENDRAKUMAR LAXMIDASBHAI
    BHALANI)
    Date-20.12.2021
    CompuTax : [VIRENDRAKUMAR LAXMIDASBHAI BHALANI]
    Shree Kalika Consultancy

    Page 2
    NAME OF ASSESSEE : VIRENDRAKUMAR LAXMIDASBHAI BHALANI A.Y. 2021-2022 PAN : AIJPB1063H

    Generated at the time of Return File

    Page 3

    You might also like