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NAME OF ASSESSEE : CHIRAG MUKESHBHAI BHANDERI

PAN : DXHPB2514R
FATHER'S NAME : MUKESHBHAI NANJIBHAI BHANDERI
RESIDENTIAL ADDRESS : SHOP NO. 10, SILVER NEST, SILVER CHOWK, PUNAGAM, SURAT,
GUJARAT-395010
STATUS : INDIVIDUAL ASSESSMENT YEAR : 2022 - 2023
WARD NO : FINANCIAL YEAR : 2021 - 2022
GENDER : MALE DATE OF BIRTH : 17/04/1996
EMAIL ADDRESS : rameshjagani@gmail.com
RESIDENTIAL STATUS : RESIDENT
NATURE OF BUSINESS : SALARY INCOME
METHOD OF : BUSINESS AND PROFESSION
ACCOUNTING
NAME OF BANK : THE VARACHHA COOPERATIVE BANK LIMITED
MICR CODE : 395289018
IFSC CODE : VARA0289020
ADDRESS : KARGIL CHOWK PUNAGAM BRANCH
ACCOUNT NO. : 02010120013514
OPTED FOR TAXATION : NO
U/S 115BAC
RETURN : ORIGINAL (FILING DATE : 09/06/2022 & NO. : 659563030090622)
IMPORT DATE : AIS : 09-06-2022 01:36 PM TIS : 09-06-2022 01:36 PM
26AS : 09-06-2022 01:33 PM

COMPUTATION OF TOTAL INCOME

PROFITS AND GAINS FROM BUSINESS AND 448634


PROFESSION

PROFIT U/S 44AD - BUSINESS INCOME


PROFIT DEEMED U/S 44AD @ 8% OF RS. 1665983 133279
PROFIT DECLARED U/S 44AD 448634
PROFIT (HIGHER OF THE ABOVE) 448634
INCOME FROM OTHER SOURCES 334
SAVING ACCOUNT INTEREST INCOME 334
TOTAL 334

GROSS TOTAL INCOME 448968

LESS DEDUCTIONS UNDER CHAPTER-VIA


80C DEDUCTION 342
80TTA INTEREST ON DEPOSITS IN SAVINGS ACCOUNT 334
TOTAL DEDUCTIONS 676
TOTAL INCOME 448292
TOTAL INCOME ROUNDED OFF U/S 288A 448290

AGRICULTURE INCOME
GROSS RECEIPTS 214500
LESS: EXPENDITURE INCURRED -147859
NET AGRICULTURAL INCOME 66641

COMPUTATION OF TAX ON TOTAL INCOME


TAX ON RS. 250000 NIL
TAX ON RS. 250000 (500000-250000) @ 5% 12500
TAX ON RS. 14931 (514931-500000) @ 20% 2986
TAX ON TOTAL INCOME RS. (448290 + 66641 = 514931) 15486
REBATE OF TAX ON AGRICULTURE INCOME RS. (250000 3332
+ 66641 = 316641)
TAX ON RS. 448290 12154
12154
LESS : REBATE U/S 87A 12154
TAX PAYABLE NIL

DETAIL OF DEDUCTION U/S 80C


Pmjjby 330
Pmsby 12
TOTAL 342

Financial Particulars of Business


Sundry creditors Nil
Total capital and liabilities Nil
Inventories Nil
Sundry debtors 265983
Cash-in-hand 286493
Total assets 552476

Balance Sheet (Regular books of account of business or profession are not maintained)
Sundry Debtors Rs. 265983.00 Sundry Creditors Rs. Nil
Stock-in-trade Rs. Nil Cash Balance Rs. 286493.00

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