Computation of Total Income

Income from Salary (Chapter IV A) 748000

MAHALAXMI MEDICAL AND GENERAL STORE

S/O PUKHRAJ , MALIYON KA

MOHALLA , ARATHWARA ,
ARATHWARA , ARATHWARA ,
SIROHI , RAJASTHAN - 307028

Salary 798000
Less: Standard Deduction u/s 16(ia) 50000

748000

Income from Business or Profession (Chapter IV D) 59287

Income u/s 44AD 49749

Income from Other Sources (Chapter IV F) 800000

Other income 100000

Gross Total
1607287
Income

Total Income 1607287

Round off u/s 288 A 228440
less : Deduction
Net total Income 228440

Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

Tax Due 0

Rebate u/s 87A ( limit 12,500) 0

0
T.D.S./T.C.S 45990
-45990
Refundable (Round off u/s 288B) 45990

Tax calculation on Normal income of Rs 476700/-

Exemption Limit :250000
Tax on -21560 -1078
Total Tax = 11335

Income Declared u/s 44 AD Profit from Profit

Gross Receipts/Turnover 789000
Book Profit 58439 7.41%
Deemed Profit 14287.76 1.81%
Net Profit Declared 58439 7.41%

GST Turnover Detail

S.NO. GSTIN Turnover
789000
TOTAL 789000

Signature
(JAYANTI LAL RAVAL)