copy of it-calculator

7/24/2019 Copy of IT-Calculator

1/12

Assessment Year: 2013-14 Category: Do1 Income from House Property (Detai attac!e"#

2 Income from $usiness or Profession (Detai attac!e"#

3 Income from Capita %ains

under Normal Rates -

under Chargeable at Special Rates @ 15% -

under Chargeable at Special Rates @ 20% -4 Income from &t!er 'ources (Detai attac!e"#

)ota (1*2*3*4#

+ ,osses of current year to e set o. against )ota i/e/ point no:

$aance after set o. curent year oss (Point o: -+#

$roug!t forar" ,osses of earier preious year to e set o. againt point no:

5 %ross )ota Income (%)I# (Point no: -#

10 De"uction un"er c!apter 6IA (from u7s 0C to 08#

11 )ota Income (5-10#

Computation of )a9 ,iaiity on )ota Income12 )a9 Payae un"er A) u7s 11;$ (incu"ing 'urc!arge < Cess#

13 )a9 Payae on )ota Income

(a) Ta !a"able under Normal Rate

(b) Ta !a"able under Special Rates

14 Surcharge @5% on !oint No# 1$

1 Cess &igher Secondar" Cess @ $% on point no# (1$'1)

1+ )ota )a9 Payae on )ota Income un"er orma Proision

1 %ross )a9 ,iaiity (Hig!er eteen point no: 12 < 1+#

1 A) Cre"it u7s 11;AA

15 )a9 payae after cre"it u7s 11;AA (Point o: 1-1#

20 )a9 =eief u7s 50750A751> if any

21 et )a9 ,iaiity (Point o: 15-20#

22 Interest u7s 234A7 234$7 234C (if any#

23 Aggregate ,iaiity (=oun"e" o. u7s 2A# (Point o: 21*22#

24 )a9es Pai"

(a) d*ance Ta +

(b) T,S +

(c) TCS +

(d) Sel- ssessment Ta +

(e# )ota )a9es Pai"

2 Amount of )a9 Payae7 (=efun"# ?Point o: 23 - 24(e#@


2/12

estic Company -

-

-

-

-

-

-

-

-

-

-

-

+

+

+

+

-

-

-

-

-

-

-

-

-

-


3/12

'/ o/ Income from House PropertyProperty use"

1 .ross nnual /alue

2 Ta paid to ocal uthorities

3 et Annua 6aue (1-2#

4 De"uction u7s 24:

(i) Standard ,eduction @ $0% us 2 (a) +

(ii) nterest on borro3ing us 2 (b) +

Income un"er t!e !ea" of House Property (3-4i-4ii#

'/ o/ Income from $usiness or Profession1 Prot $efore )a9 as per Prot < ,oss Account (P$)#2

4 !rot oss -rom Speculati*e business included in !oint No# 1 (+*e in case o- oss)6 i- an" +

+

3 +

4 nterest Receipts credited to !rot oss c (include in No4 1)6 3hich is eempt6 i- an"#

() Share o- ncome o- rm(s) +

(7) Share o- ncome o- 8!78 +

(C) n" 8ther eempt ncome +

(,) Total 9empt mount ('7'C) -

$aance (1-2A-2$-3-4D#

+ 9penses debited to !rot oss c considered under other heads o- ncome6 i- an" +

9penses debited to !rot oss c 3hich relates to 9empt ncome6 i- an" +

A"Buste" Prot or ,oss (*+*#

5 ,epreciation as per Companies ct6 1:5; (i- consider this into ! c4 +10 ,epreciation us $2 as per ncome Ta ct6 1:;14 +

11 Prot or ,oss after a"Bustment for Depreciation (*5-10#

12 +

13 nterest ,isallo3able us 2$ o-


4/12

2 ,eductions in accordance 3ith Section 2= to , +

2 Prot or ,oss from 'pecuatie $usiness

25 Net !rot or oss -rom Specied 7usiness as per ! c

30 dditions in accordance 3ith Section 2= to , +

31 ,eductions in accordance 3ith Section 2= to , (other than deduction us $5,) +

32 ,eduction in accordance 3ith us $5, +

32 Prot or ,oss from 'pecie" $usiness

33 Income un"er t!e !ea" of $usiness or Profession (24*2*32#


5/12

'/ o/ Income from &t!er 'ources1 Income ot!er t!an from oing race !orse(s#:-

(a) ,i*idend6 nterest6 Rental ncome (-rom !lant6 7uildings etc) 8thers ncome +

(b) ,eduction under section 5> (9penses ,epreciation) +

2 inning from Crossor" pue> otteries> races etc/

3 Income from &t!er 'ources (ot!er t!an from oing race !orses# E?1(a#-1(#@*2F

4 Income from oing < maintaining race !orse(s#:-

(a) Receipts +

(b) ,eduction under section 5> in relation to () +

Income from oing < maintaining race !orses ?4(a#-4(#@

+ Income un"er t!e !ea" of &t!er 'ources (3*#

Cacuation of $ooG Prot

'/ o/ Amount (=s/#

$aance in Prot an" ,oss Account (Prot after )a9#

A"":-

1 Income )a9:

Current Ta (including 9ducation Cess and nterest !aid) +

!ro*ision -or ,e-erred Ta ,e-erred iabilit" +

2 Agricutura 9penses> if any +

3 +

4 Deferre" )a9> if any +

Proision for Diminuition in 6aue of Asset> if any +

+ &t!ers> if any +

,ess:-

+hence to be deducted no3)

Prot on 'ae of i9e" Assets> if any +

(not eligible -or deduction6 since not specicall" mentioned under the deductible

items o- Section 115?74 &o3e*er6 i- an" amount 3ithin this is eempt us 106 then

deductible to that etent)

5 Agricutura Income ?9empt un"er 'ection 10(1#@> if any +

10 Amount it!"ran from =eauation =esere> if any +

(to the etent o- ,epreciation Charged on Re*alued mount)

11 ,oer of ooing (if any#:

(a) 7oo 7usiness oss (earlier pre*ious "ear) +

(b) 7oo 7oo Anabsorbed ,epreciation (earlier pre*ious "ear) +

12 &t!ers> if any +Amount of $ooG Prot:

Cacuation of A) Cre"it Carry orar" (if any#'/ o/ Amount (=s/#

1 if any (assumed not allo3ed 3hile calculating 7oo !rot6


6/12

4 Ta iabilit" be-ore considering


7/12

Cacuation of inimum Aternate )a9:

'/o/ Amount

Ta @ 1=450% on 7oo !rot +

dd#+ Surcharge @5% (i- 7oo prot eceeds 1 Crore) +

dd#+ 9ducation &igher Secondar" Cess @ $% +inimum Aternate )a9 ,iaiity: -

)a9 at 'pecia =ate =ate

Capital .ain under Special Rate @ 15% 15%

Capital .ain under Special Rate @ 20% 20%


8/12

Amount (J#

'ef-occupie"

+

+

-

Amount (J#

-

-

-

-

+

+

-

+

-

+


9/12

-

+

-

-


10/12

Amount (J#

+

+

-

-

-

Amount (=s/#

+

+

-

+-

Amount (=s/#

+


11/12

+

-

-


12/12

copy of it-calculator

Documents