Assessee Information
Name :
Address(R) :
Permanent Account No : Date of Birth :
Status : Individual Return: u/sec 139(1) before due date
Previous year : 2022-23 Assessment Year : 2023-24
Computation of Total Income for A.Y 2023-24
i) Income Under the Head Salary (After Standard deduction of 50,000) ₹ -
ii.)Income Under the Head House Property ₹ -
iii.)Income Under the P.G.B.P
Nomal Business ₹ -232,238
Speculative Business ₹ -72,763
iv.)Income Under the Head Capital Gain ₹ 531,172
v.)Income from Other Source ₹ 52,638
Gross Total Income (i+ii+iii+iv+v) ₹ 351,572
Less:- Deduction under chapter VI-A
80C (Investment in specified schemes) ₹ -
80CCC (Pension Fund) ₹ -
80CCD (New Pension Scheme) ₹ -
80D (Mediclaim) ₹ -
80EE (Interest on loan for first residential house) ₹ -
80G (Donations) ₹ -
80GG (Rent Paid) ₹ -
80TTA (Saving Bank A/c Interest) ₹ -
80TTB (Interest on Bank/ Post Office Deposits in case of a senior citizen) ₹ -
Others ₹ -
Total Income ₹ 351,572
Total Income (after round off 288A) ₹ -
Computation of Tax Liability
Income Tax on Short -term Capital Gains from transfer of securities (u/s 111A) ₹ 14,947.00
Income Tax on Long-term Capital Gains (u/s 112) ₹ -
Income Tax on Long-term Capital Gains form equity shares/ units of equity-oriented mf (u/s 112A) ₹ -
Income Tax on income taxed at Normal Slab Rate ₹ -
Total ₹ 14,947.00
Less:- Rebate under sec 87A ₹ 12,500.00
Income Tax Payable ₹ 2,447.00
Surcharge ₹ -
Health & Education Cess ₹ 98.00
Total Tax Payable, Surcharge & Cess ₹ 2,545.00
Less:- Relief u/s 86 and 89(1) ₹ -
i.Balance Tax liability ₹ 2,545.00
ii. Interest for default in furnishing the return (section 234A) ₹ -
iii. Interest for default in payment of advance tax (section 234B) ₹ -
iv. Interest for deferment of advance tax (section 234C) ₹ -
Total tax, Interest & Fee Payable (i+ii+iii+iv) ₹ 2,545.00
Total tax, Interest & Fee Payable (i+ii+iii+iv) (after round off 288B) ₹ -
TDS & Self Assessment Tax paid during the year ₹ -
Balance Payable/ (Balance Refund) ₹ 2,545.00
Income under the head salaries
Gross Annual Income/Salary (with all allowances) from FinTaxPro Advisory LLP 0
Less: Allowances exempt u/s 10(for Service Period)
(I) H.R.A. exemption 0
(I) Other exemption 0
(II) Standard Deduction for Salaried & Pensioner (Rs 50,000) 0
(iii) Any Other Exempted Receipts/ allowances 0
(iv) Professional Tax 0
Income under the head salaries 0
Income from House Property
Gross Annual Value ₹ -
Less- Municipal Tax Paid ₹ -
Net Annual Value ₹ -
Less:-Standard deduction u/s 24 (a) ₹ -
Less:-Interest on Housing Loan u/s 24(b) ₹ -
Income from House Property ₹ -
Vivek
Trading and Profit and Loss for the year ended 31st March,2023
INR
Particulars Speculative Normal Particulars Specutalive Normal
To Opening Stock - - By Turnover - -
To Purchases - - By Gross Loss 16,215 122,229
To Intraday Loss 16,215 -
To FnO Loss - 122,229 By Closing Stock - -
To Gross Profit - -
TOTAL 16,215 122,229 TOTAL 16,215 122,229
To Gross Loss 16,215 122,229
To Conveyance Expenses By Gross Profit - -
To Printing & Stationery 25,000 25,000 By Net Loss 72,763 232,238
To Office & Maintenance 30,000 30,000
To Salary - -
To Admin Expense - -
To Brokerage & Commission
Zerodha FnO - 55,009
Zerodha Intraday 1,548 -
To Net Profit - -
TOTAL 72,763 232,238 TOTAL 72,763 232,238
Intraday FnO
Turnover PnL Turnover PnL
Zerodha ₹ 34,946.40 ₹ -16,214.50 ₹ 3,178,171.90 ₹ -122,229.10
Total Turnover 3,213,118
Vivek-KITC- Krishna Investment & Tax Consultants
as at 31st March,2023
Liabilities Amounts Assets Amounts
Capital Account 694,999 Fixed Assets
Opening 1,000,000.00 (As per Dep Schedule) -
Capital Introduce -
Profit b/f -
Drawings 305,001 Current Assets, Loans & Advances
Loans and Liability Sundry Debtors -
Unsecured Loans - Cash in Hand 1,230
Bank Balance 60,459
Current Liabilities & Provisions Balance with government authorities -
Current Liability - (GST Input)
Stocks and Equity MFs Investment 633,310
694,999### 694,999
Vivek
SD/-
(Vivek)
Prop.
Place : Delhi
Short Term Capital Gain (Sec 111A)
Total
Gross Consideration ₹ 17,907,448
Expense related to transfer (other than STT) ₹ 1,527
Net Consideration ₹ 17,905,921
Less - Cost of acquisition ₹ 17,376,673
Less- Cost of improvement ₹ -
Short Term Capital Gain ₹ 529,248
Duration of Short Term Cap Gains 111A
Period
1/4 to 15/06
16/06 to 15/09
16/09 to 15/12
16/12 to 15/03
16/03 to 31/03
Short Term Capital Gain
Long Term Capital Gain (Sec 112A)
Total
Gross Consideration ₹ 24,357
Expense related to transfer (other than STT) ₹ -
Net Consideration ₹ 24,357
Less - Cost of acquisition without indexation(Note 1) ₹ 22,434
Less- Cost of improvement without indexation ₹ -
Long Term Capital Gain ₹ 1,923
Duration of LTCG 112A
Period
1/4 to 1506
16/06 to 15/09
16/09 to 15/12
16/12 to 15/03
16/03 to 31/03
Long Term Capital Gain
EOMF - Equity Oriented Mutual Fund
Income from other source
Interest on Saving Account HDFC 22624
Interest on Saving Account PNB 1657
Dividend 25360
Interest on FD 1175
Interest on income tax refund 1822
Other income 0
Income from other source 52638
