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NAME OF ASSESSEE : CHANDRAKANTH YERRAM

PAN : AFWPY6433L
FATHER'S NAME : YERAM KRISHNA
RESIDENTIAL ADDRESS : 4-68/2, Chandrapuri Colony, Sai Baba Comman, Shamirpet, TELANGANA-
500087
STATUS : INDIVIDUAL ASSESSMENT YEAR : 2021 - 2022
WARD NO : FINANCIAL YEAR : 2020 - 2021
GENDER : MALE DATE OF BIRTH : 15/04/1994
EMAIL ADDRESS : chandrakanth.y143@gmail.com
RESIDENTIAL STATUS : RESIDENT
NAME OF BANK : HDFC BANK
IFSC CODE : HDFC0000512
ACCOUNT NO. : 50100231128305
OPTED FOR TAXATION : NO
U/S 115BAC
RETURN : REVISED (ORIGINAL RETURN FILING DATE : 22/10/2021 & NO. :
714917280221021)

COMPUTATION OF TOTAL INCOME

PROFITS AND GAINS FROM BUSINESS AND 566985


PROFESSION

PROFIT U/S 44AD - GROSS RECEIPTS


PROFIT DEEMED U/S 44AD @ 8% OF RS. 1889950 151196
PROFIT DECLARED U/S 44AD @ 30% OF RS. 1889950 566985
PROFIT (HIGHER OF THE ABOVE) 566985
INCOME FROM OTHER SOURCES 31250
INTEREST FROM OTHER PARTIES 31250
TOTAL 31250

GROSS TOTAL INCOME 598235

LESS DEDUCTIONS UNDER CHAPTER-VIA


80D MEDICAL INSURANCE PREMIA 53815
- HEALTH INSURANCE (SELF AND FAMILY) 8015
- MEDICAL EXPENDITURE (PARENTS-SENIOR CITIZEN) 45800
80GG DEDUCTION IN RESPECT OF RENTS PAID [SEE 60000
NOTE 1]
TOTAL DEDUCTIONS 113815
TOTAL INCOME 484420
TOTAL INCOME ROUNDED OFF U/S 288A 484420

COMPUTATION OF TAX ON TOTAL INCOME


TAX ON RS. 250000 NIL
TAX ON RS. 234420 (484420-250000) @ 5% 11721
TAX ON RS. 484420 11721
11721
LESS : REBATE U/S 87A 11721
TAX PAYABLE NIL

NOTES :-
1. MINIMUM OF 70558(125000 - 54442(544420/10)) AND 136105(544420/4) AND 60000(5000 * 12)
Information regarding Turnover/Gross Receipt Reported for GST
GSTR No. 36AFWPY6433L1ZC
Amount of turnover/Gross receipt as per the GST return filed Nil

Financial Particulars of Business


Partners/Members own capital 400000
Sundry creditors 244789
Total capital and liabilities 644789
Fixed assets 211575
Inventories 268758
Sundry debtors 109746
Balance with banks 37325
Cash-in-hand 8750
Other assets 8635
Total assets 644789

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