Computation 2023

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NITESH BECHAN VISHWAKARMA

PAN No : CANPV8281P DOB : 12/01/1998


P.Y.Ended : 31.03.2023 Asst. Year : 2023 - 2024

COMPUTATION OF TOTAL INCOME

PARTICULARS Rs. Rs.

I. Income from Business/Profession


Tution Fee Income 4,74,000
Less :- Adoch Expenses 85,320
Deemed Income U/s 44AD 3,88,680 3,88,680

II Income from Other Sources


Intrest on SB 174
Interest on IT Refund - 174

GROSS TOTAL INCOME 3,88,854


Less: Deductions Under Chapter VIA
U/S 80C
LIC Premium -
HL Repayment - -

U/S 80D
Mediclaim Premium - -

U/S 80TTA
Bank Interest 174 174

NET TOTAL INCOME 3,88,680


Rounded Off U/s 288A 3,88,680

INCOME TAX CALCULATION


Income Tax Payable on above Income 6,934
Less : Rebate Us 87A 6,934
-
Add : Education Cess @ 4% -
-
Add : Fees for Default in Furnishing Return of
Income( Section 234 F ) 1,000 1,000

Less : Tax Deducted at Source - -


Self Assessment Tax Payable & Paid/ (Refund Due) 1,000

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