Gajanan Bandu Kunte AY 2023-2024

Address: INDIRA GANDHI WARD DEVI ROAD Umarkhed S.O YAVATMAL

Umarkhed, MAHARASHTRA - 445206
Mobile: 91-9970014792
E-Mail: gajanan26@gmail.com

Computation of Income (ITR1)

PAN: BUHPK6050Q Status: Individual

Date of Birth 26/03/1985 Residential Status: Resident
Father's Name: Bandu Kashinath Kunte Gender: Male
Bank A/C no.: 042001500430 IFSC code: ICIC0000420
E-Filing Status: Not E-Filed Aadhaar Card Number: 287168990811
Selected tax regime Old Regime

Tax Summary (Amount in 'Rs')

Salary 24,14,925
House Property -2,00,000
Other Sources 8,617

Gross Total Income 22,23,542

Less: Total Deductions - 4,32,171

Rounded off from 17,91,371 as per

Total Income (Taxable) Section 288A
17,91,370
Tax Payable 3,63,907

Total Tax Payable 3,63,907

Less: Taxes Paid TDS - 4,44,007

Refund 80,100
Taxes are applicable as per normal provision
Please refer Annexure for details
Salary Income
ACCENTURE SOLUTIONS PRIVATE LIMITED 01/04/2022 - 31/03/2023
Salary u/s 17(1) 26,34,912
Basic Salary 23,34,912
House Rent Allowance 3,00,000
Value of perquisites u/s 17(2) 69,937
Less: Allowances exempt u/s 10 2,37,424
House Rent 2,37,424
Net Salary 24,67,425

Less: Deduction u/s 16 52,500

 Standard Deduction u/s 16(ia) 50,000
Professional Tax u/s 16(iii) 2,500

Total Taxable Salary 24,14,925

House Property Income

Property 1 : DELHI, INDIA,

Occupancy of House Self Occupied
Ownership 100
Deduction : Interest on Borrowed capital us 24b -2,00,000
Total Deduction -2,00,000
Income From House Property 1 -2,00,000
Total Income From House Property -2,00,000

Other Income
Interest Income from Saving Account 2,925
Dividend Income from Domestic Company 5,692
Q1(upto 15th June) 0
Q2(upto 15th September) 0
Q3(upto 15th December) 0
Q4(upto 15th March) 0
16th March to 31st March 5,692
Total 8,617

Deductions

Section Gross Amount Deductible Amount

80C (Total) 3,10,202 1,50,000
Others 3,10,202
80D (Total) 75,000
Medical Insurance Premium - Self, Spouse or Children 25,485
Medical Insurance Premium - Parents (Senior) 51,240
80DDB 1,00,000
80EEA 1,04,246
80TTA 2,925
Total 4,32,171
Loss Report Collection
Year of Loss Category of Loss SetOff Category Amount SetOff
2023-2024 HouseProperty Salary Rs. 2,00,000

Income Tax
Total Income 17,91,370
Basic Exemption 2,50,000
Income Tax 3,49,911
Health and Education Cess 13,996
Total Tax 3,63,907
Tax Paid -4,44,007
TDS 4,44,007
Refund 80,100

Normal Tax Breakup

Income Slab Rate Tax Amount

0 to 2.5 lakh 0% 0
2.5 lakh to 5 lakh 5% 12,500
5 lakh to 10 lakh 20% 1,00,000
Above 10 lakh 30% 2,37,411
Total 3,49,911

Taxes Paid
(TDS on Salary)

TDS on Salary

Tan Name Income Chargeable Tax Deducted

MUMH07058C ACCENTURE SOLUTIONS PRIVATE LIMITED 24,14,925 4,44,007

Bank Account Details

SI No. IFSC Code Name of the Bank Account No.

1 ICIC0000420 ICICI BANK LIMITED 042001500430

Signature Prepared by Gopal Jagtap

For Gajanan Bandu Kunte CA GOPAL ANURATH JAGTAP & ASSOCIATES

Generated by TaxCloud India (www.taxcloudindia.com)