notification no. 16/2024 f.no. 370142/49/2023 tpl / gsr 64 e income tax first amendment rules 2024

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100 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24th January, 2024 G.S.R. 64(E). In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. Short title and commencement. (1) These rules may be called the Income-tax (First Amendment) Rules, 2024. (2) They shall come into force with effect from the 1st day of April, 2024. 2. In the Income-tax Rules, 1962, in Appendix-II, for Form ITR-6, the following Form shall be substituted, namely: ITR-6 INDIAN INCOME TAX RETURN [For Companies other than companies claiming exemption under section 11] (Please see rule 12 of the Income-tax Rules,1962) (Please refer instructions) Assessment Year 2 0 2 4 - 2 5 Part A-GEN GENERAL PERSONAL INFORMATION (A1) Name (A2) PAN ame? If yes, please furnish the old name (A4) Corporate Identity Number (CIN) issued by MCA (A8) Flat/Door/Block No (A9) Name of Premises/Building/Village (A5) Date of incorporation (DD/MM/YYYY) (A6) Date of commencement of business (DD/MM/YYYY) / / / / (A10) Road/Street/Post Office (A11) Area/Locality (A7) Type of company (Tick any one) (i) Domestic Company (ii) Foreign Company (A12) Town/City/District (A13) State (A14) Pin code/Zip code If a public company write 6, and if private company write 7 (as defined in section 3 of the Companies Act, 2013) (A15) Country (A16) Office Phone Number with STD code/ Mobile No. 1 (A17) Mobile No. 2 (A18) Email Address-1 Email Address-2 (A19) (ai) Due date for filing return of income [Dropdown to be provided]: 1. 31st October 2. 30th November FILING STATUS (A19) (aii) 1 Filed u/s (Tick)[Please see instruction ] 139(1)- On or before due date, 139(4)- After due date, 139(5)- Revised Return, 92CD-Modified return, 119(2)(b)- after condonation of delay, 170A- After order by the tribunal or court 2 Or filed in response to notice u/s 139(9), 142(1), 148, 153C (b) If revised/ defective/modified, then enter Receipt No and Date of filing original return (DD/MM/YYYY) ___ /___/____ (c) If filed, in response to notice u/s 139(9)/142(1)/148/153C or order u/s 119(2)(b) or order referred to in section 170A , enter Unique Number /Document Identification Number and date of such notice/order, or if filed u/s 92CD enter date of advance pricing agreement / / [ II 3(i)] 101 (d) Residential Status (Tick) Resident Non-Resident (e) Have you opted for taxation under section 115BA/115BAA/115BAB? (drop down to be provided in efiling utility) (applicable on Domestic Company) If yes, please furnish the AY in which said option is exercised for the first time along with date of filing of relevant form (10-IB/ 10-IC/ 10-ID) & acknowledgment number. If no, whether you are choosing to opt for taxation under section 115BA/115BAA/115BAB this year? (drop down to be provided in efiling utility) Please provide the date of filing of relevant form (10-IB/10-IC/10-ID) & acknowledgment number. (f) Whether total turnover/ gross receipts in the previous year 2021-2022 exceeds 400 crore rupees? (Yes/No) (applicable for Domestic Company) (g) Whether assessee is a resident of a country or specified territory with which India has an agreement referred to in sec 90 (1) or Central Government has adopted any agreement under sec 90A(1)? (h) In the case of non-resident, is there a Permanent Establishment (PE) in India (Tick) Yes No (i) In the case of non-resident, is there a Significant Economic Presence (SEP) in India (Tick) Yes No please provide details of (a) aggregate of payments arising from the transaction or transactions during the previous year as referred in Explanation 2A(a) to Section 9(1)(i); (b) number of users in India as referred in Explanation 2A(b) to Section 9(1)(i). (j) Whether assessee is required to seek registration under any law for the time being in force relating to companies? If yes, please provide details. Act under which registration required Date of Registration (DD/MM/YYYY) Registration Number (k) Whether the financial statements of the company are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015 (Tick) Yes No (l) Whether assessee has a unit located in an International Financial Services Centre and derives income solely in convertible foreign exchange? (Tick) Yes No (m) Whether the assessee company is under liquidation (Tick) Yes No (n) Whether you are an FII / FPI? Yes/No If yes, please provide SEBI Regn. No. (o) Whether the company is a producer company as defined in Sec.581A of Companies Act, 1956? Yes No (p) Whether this return is being filed by a representative assessee? (Tick) Yes No If yes, please furnish following information - (1) Name of the representative assessee (2) Capacity of the Representative (drop down to be provided) (3) Address of the representative assessee (4) Permanent Account Number (PAN)/Aadhaar No. of the representative assessee (q) Whether you are recognised as start up by DPIIT Yes No 1 If yes, please provide start up recognition number allotted by the DPIIT 2 Whether certificate from inter-ministerial board for certification is received? Yes No 3 If yes provide the certification number 4 Whether declaration in Form-2 in accordance with para 5 of DPIIT notification dated 19/02/2019 has been filed before filing of the return? Yes No 5 If yes, provide date of filing Form-2 (r) Legal Entity Identifier (LEI) details (mandatory if refund is 50 Crores or more) LEI Number Valid upto date (s) Whether you are recognised as MSME? Yes No If yes, please provide registration number allotted as per the MSMED Act, 2006 AUDIT INFORMATION (a1) Whether liable to maintain accounts as per section 44AA? (Tick) Yes No (a2) Whether assessee is declaring income only under section 44AE/ 44B/ 44BB/ 44BBA/ 44BBB/44D? (Tick) Yes No (a2i) If No, whether during the year total sales/turnover/gross receipts of business is more than 1 Crore Rupees but does not exceed 10 Crore Rupees? (Tick) Yes No, turnover does not exceed 1 crore No , turnover exceeds 10 crores 102 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] (a2ii) If (a2i) is Yes, whether aggregate of all amounts received, including amount received for sales, turnover or gross receipts or on capital account such as capital contribution, loans etc. during the previous year, in cash & non-a/c payee cheque/DD, does not exceed five per cent of said amount? (Tick) Yes No (a2iii) If (a2i) is Yes, whether aggregate of all payments made including amount incurred for expenditure or on capital account such as asset acquisition, repayment of loan etc., in cash & non-a/c payee cheque/DD, during the previous year does not exceed five per cent of the said payment (Tick) Yes No (b) Whether liable for audit under section 44AB? (Tick) Yes No (Note to Systems: For cases where a2i exceeds INR 10 crores, this should be an automatic Yes) If Yes is selected at (b), mention by virtue of which of the following conditions: (bi) Sales, turnover or gross receipts exceeds the limits specified under section 44AB (Tick) (bii) Assessee falling u/s 44BB but not offering income on presumptive basis (Tick) (biii) Assessee falling u/s 44BBB but not offering income on presumptive basis (Tick) (biv) Others (Tick) (c) If (b) is Yes, whether the accounts have been audited by an accountant? (Tick) Yes No If Yes, furnish the following information below (1) Mention the date of furnishing of audit report (DD/MM/YYYY) (2) Name of the auditor signing the tax audit report (3) Membership No. of the auditor (4) Name of the auditor (proprietorship/ firm) (5) Proprietorship/firm registration number (6) Permanent Account Number (PAN/Aadhaar No.) of the auditor (proprietorship/ firm) (7) Date of audit report (8) Acknowledgement Number of the Audit Report (9) UDIN (di) Are you liable for Audit u/s 92E? Yes No (dii) If (di) is Yes, whether the accounts have been audited u/s. 92E? Date of furnishing audit report? DD/MM/YYYY Acknowledgement Number (diii) If liable to furnish other audit report under the Income-tax Act, mention whether have you furnished such report. If yes, please provide the details as under: ) (Please see Instruction 5) Sl. No. Section Code Date (DD/MM/YYYY) Acknowledgement Number (e) Mention the Act, section and date of furnishing the audit report under any Act other than the Income-tax Act Act and section (DD/MM/YY) Act and section (DD/MM/YY) HOLDING STATUS (a) Nature of company (select 1 if holding company, select 2 if a subsidiary company, select 3 if both, select 4 if any other) (b) If subsidiary company, mention the details of the Holding Company PAN Name of Holding Company Address of Holding Company Percentage of Shares held (c) If holding company, mention the details of the subsidiary companies PAN Name of Subsidiary Company Address of Subsidiary Company Percentage of Shares held BUSINESS ORGANISATION (a) In case of amalgamating company, mention the details of amalgamated company PAN Name of Amalgamated Company Address of Amalgamated Company Date of Amalgamation (b) In case of amalgamated company, mention the details of amalgamating company [ II 3(i)] 103 PAN Name of Amalgamating Company Address of Amalgamating Company Date of Amalgamation (c) In case of demerged company, mention the details of resulting company PAN Name of Resulting Company Address of Resulting Company Date of Demerger (d) In case of resulting company, mention the details of demerged company PAN Name of Demerged Company Address of Demerged Company Date of Demerger KEY PERSONS Particulars of Managing Director, Directors, Secretary and Principal officer(s) who have held the office during the previous year and the details of eligible person who is verifying the return. S.No. Name Designation Residential Address PAN/Aadhaar No. Director Identification Number (DIN) issued by MCA, in case of Director SHAREHOLDERS INFORMATION Particulars of persons who were beneficial owners of shares holding not less than 10% of the voting power at any time of the previous year S.No. Name and Address Percentage of shares held PAN (if allotted) OWNERSHIP INFORMATION In case of unlisted company, particulars of natural persons who were the ultimate beneficial owners, directly or indirectly, of shares holding not less than 10% of the voting power at any time of the previous year S.No. Name Address Percentage of shares held PAN/Aadhaar No. (if allotted) In case of Foreign company, please furnish the details of immediate parent company. S.No Name Address Country of residence PAN (if allotted) number or any unique identification number allotted in the country of residence In case of foreign company, please furnish the details of ultimate parent company S.No Name Address Country of residence PAN (if allotted) number or any unique identification number allotted in the country of residence NATURE OF COMPANY AND ITS BUSINESS Nature of company (Tick) 1 Whether a public sector company as defined in section 2(36A) of the Income-tax Act Yes No 2 Whether a company owned by the Reserve Bank of India Yes No 3 Whether a company in which not less than forty percent of the shares are held (whether singly or taken together) by the Government or the Reserve Bank of India or a corporation owned by that Bank Yes No 104 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] 4 Whether a banking company as defined in clause (c) of section 5 of the Banking Regulation Act,1949 Yes No 5 Whether a scheduled Bank being a bank included in the Second Schedule to the Reserve Bank of India Act Yes No 6 Whether a company registered with Insurance Regulatory and Development Authority (established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999) Yes No 7 Whether a company being a non-banking Financial Institution Yes No 8 Whether the company is unlisted? If yes, please ensure to fill up the Schedule SH-1 and Schedule AL-1 Yes No Nature of business or profession, if more than one business or profession indicate the three main activities/ products (Other than those declaring income under section 44AE S.No. Code [Please see instruction No.7(i)] Description (i) (ii) (iii) Part A-BS BALANCE SHEET AS ON 31ST DAY OF MARCH, 2024 OR AS ON THE DATE OF AMALGAMATION I Equity and Liabilities EQUITY AND LIABILITIES 1 A Share capital i Authorised Ai ii Issued, Subscribed and fully Paid up Aii iii Subscribed but not fully paid Aiii iv Total (Aii + Aiii) Aiv B Reserves and Surplus i Capital Reserve Bi ii Capital Redemption Reserve Bii iii Securities Premium Reserve Biii iv Debenture Redemption Reserve Biv v Revaluation Reserve Bv vi Share options outstanding amount Bvi vii Other reserve (specify nature and amount) a viia b viib c Total (viia + viib) Bvii viii Surplus i.e. Balance in profit and loss account (Debit balance to be shown as ve figure) Bviii ix Total (Bi + Bii + Biii + Biv + Bv + Bvi + Bvii + Bviii) (Debit balance to be shown as ve figure) Bix C Money received against share warrants 1C D 1D 2 Share application money pending allotment i Pending for less than one year i ii Pending for more than one year ii iii Total (i + ii) 2 3 Non-current liabilities A Long-term borrowings i Bonds/ debentures a Foreign currency ia b Rupee ib c Total (ia + ib) ic ii Term loans a Foreign currency iia b Rupee loans 1 From Banks b1 2 From others b2 3 Total (b1 + b2) b3 c Total Term loans (iia + b3) iic iii Deferred payment liabilities iii iv Deposits from related parties (see instructions) iv v Other deposits v vi Loans and advances from related parties (see instructions) vi vii Other loans and advances vii viii Long term maturities of finance lease obligations viii ix Total Long-term borrowings (ic + iic + iii + iv + v + vi + vii + viii) 3A B Deferred tax liabilities (net) 3B C Other long-term liabilities [ II 3(i)] 105 i Trade payables i ii Others ii iii Total Other long-term liabilities (i + ii) 3C D Long-term provisions i Provision for employee benefits i ii Others ii iii Total (i + ii) 3D E Total Non-current liabilities (3A + 3B + 3C + 3D) 3E 4 Current liabilities A Short-term borrowings i Loans repayable on demand a From Banks ia b From Non-Banking Finance Companies ib c From other financial institutions ic d From others id e Total Loans repayable on demand (ia + ib + ic + id) ie ii Deposits from related parties (see instructions) ii iii Loans and advances from related parties (see instructions) iii iv Other loans and advances iv v Other deposits v vi Total Short-term borrowings (ie + ii + iii + iv + v) 4A B Trade payables i Outstanding for more than 1 year i ii Others ii iii Total Trade payables (i + ii) 4B C Other current liabilities i Current maturities of long-term debt i ii Current maturities of finance lease obligations ii iii Interest accrued but not due on borrowings iii iv Interest accrued and due on borrowings iv v Income received in advance v vi Unpaid dividends vi vii Application money received for allotment of securities and due for refund and interest accrued vii viii Unpaid matured deposits and interest accrued thereon viii ix Unpaid matured debentures and interest accrued thereon ix x Other payables x xi Total Other current liabilities (i + ii + iii + iv + v + vi + vii + viii + ix + x) 4C D Short-term provisions i Provision for employee benefit i ii Provision for Income-tax ii iii Proposed Dividend iii iv Tax on dividend iv v Other v vi Total Short-term provisions (i + ii +iii + iv + v) 4D E Total Current liabilities (4A + 4B + 4C + 4D) 4E Total Equity and liabilities (1D + 2 + 3E + 4E) I II ASSETS 1 Non-current assets A Fixed assets i Tangible assets a Gross block ia b Depreciation ib c Impairment losses ic d Net block (ia ib - ic) id ii Intangible assets a Gross block iia b Amortization iib c Impairment losses iic d Net block (iia iib - iic) iid iii Capital work-in-progress iii iv Intangible assets under development iv v Total Fixed assets (id + iid + iii + iv) Av B Non-current investments i Investment in property i ii Investments in Equity instruments a Listed equities iia b Unlisted equities iib c Total (iia + iib) iic iii Investments in Preference shares iii 106 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] iv Investments in Government or trust securities iv v Investments in Debenture or bonds v vi Investments in Mutual funds vi vii Investments in Partnership firms vii viii Others Investments viii ix Total Non-current investments (i + iic + iii + iv + v + vi + vii + viii) Bix C Deferred tax assets (Net) C D Long-term loans and advances i Capital advances i ii Security deposits ii iii Loans and advances to related parties (see instructions) iii iv Other Loans and advances iv v Total Long-term loans and advances (i + ii + iii + iv) Dv vi Long-term loans and advances included in Dv which is a for the purpose of business or profession via b not for the purpose of business or profession vib c given to shareholder, being the beneficial owner of share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act vic E Other non-current assets i Long-term trade receivables a Secured, considered good ia b Unsecured, considered good ib c Doubtful ic d Total Other non-current assets (ia + ib + ic) id ii Others ii iii Total (id + ii) Eiii iv Non-current assets included in Eiii which is due from shareholder, being the beneficial owner of share, or from any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act iv F Total Non-current assets (Av + Bix + C + Dv + Eiii) 1F 2 Current assets A Current investments i Investment in Equity instruments a Listed equities ia b Unlisted equities ib c Total (ia + ib) ic ii Investment in Preference shares ii iii Investment in government or trust securities iii iv Investment in debentures or bonds iv v Investment in Mutual funds v vi Investment in partnership firms vi vii Other investment vii viii Total Current investments (ic + ii + iii + iv + v + vi + vii) Aviii B Inventories i Raw materials i ii Work-in-progress ii iii Finished goods iii iv Stock-in-trade (in respect of goods acquired for trading) iv v Stores and spares v vi Loose tools vi vii Others vii viii Total Inventories (i + ii + iii + iv + v + vi + vii) Bviii C Trade receivables i Outstanding for more than 6 months i ii Others ii iii Total Trade receivables (i + ii + iii) Ciii D Cash and cash equivalents i Balances with Banks i ii Cheques, drafts in hand ii iii Cash in hand iii iv Others iv v Total Cash and cash equivalents (i + ii + iii + iv) Dv E Short-term loans and advances i Loans and advances to related parties (see instructions) i ii Others ii iii Total Short-term loans and advances (i + ii) Eiii iv Short-term loans and advances included in Eiii which is a for the purpose of business or profession iva b not for the purpose of business or profession ivb [ II 3(i)] 107 c given to a shareholder, being the beneficial owner of share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act ivc F Other current assets F G Total Current assets (Aviii + Bviii + Ciii + Dv + Eiii + F) 2G Total Assets (1F + 2G) II Part A-BS Ind AS BALANCE SHEET AS ON 31ST DAY OF MARCH, 2024 OR AS ON THE DATE OF BUSINESS COMBINATION [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] I Equity and Liabilities 1 Equity A Equity share capital i Authorised Ai ii Issued, Subscribed and fully paid up Aii iii Subscribed but not fully paid Aiii iv Total (Aii + Aiii) Aiv B Other Equity i Other Reserves a Capital Redemption Reserve ia b Debenture Redemption Reserve ib c Share Options Outstanding account ic d Other (specify nature and amount) id e Total other reserves (ia + ib + ic + id) ie ii Retained earnings (Debit balance of statement of P&L to be shown as ve figure) ii iii Total (Bie + ii) (Debit balance to be shown as ve figure) Biii C Total Equity (Aiv + Biii) 1C 2 Liabilities A Non-current liabilities I Financial Liabilities Borrowings a Bonds or debentures 1 Foreign currency a1 2 Rupee a2 3 Total (1 + 2) a3 b Term loans 1 Foreign currency b1 2 Rupee loans i From Banks i ii From other parties ii iii Total (i + ii) b2 3 Total Term loans (b1 + b2) b3 c Deferred payment liabilities c d Deposits d e Loans from related parties (see instructions) e f Long term maturities of finance lease obligations f g Liability component of compound financial instruments g h Other loans h i Total borrowings (a3 + b3 + c + d + e + f + g + h) i j Trade Payables j 108 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] k Other financial liabilities (Other than those specified in II under provisions) k II Provisions a Provision for employee benefits a b Others (specify nature) b c Total Provisions IIc III Deferred tax liabilities (net) III IV Other non-current liabilities a Advances a b Others (specify nature) b c Total Other non-current liabilities IVc Total Non-Current Liabilities (Ii + Ij + Ik + IIc + III + IVc) 2A B Current liabilities I Financial Liabilities i Borrowings a Loans repayable on demand 1 From Banks 1 2 From Other parties 2 3 Total Loans repayable on demand (1 + 2) 3 b Loans from related parties b c Deposits c d Other loans (specify nature) d Total Borrowings (a3 + b + c + d) Ii ii Trade payables Iii iii Other financial liabilities a Current maturities of long-term debt a b Current maturities of finance lease obligations b c Interest accrued c d Unpaid dividends d e Application money received for allotment of securities to the extent refundable and interest accrued thereon e f Unpaid matured deposits and interest accrued thereon f g Unpaid matured debentures and interest accrued thereon g h Others (specify nature) h i Total Other financial liabilities (a + b +c +d +e +f +g+ h) Iiii iv Total Financial Liabilities (Ii + Iii + Iiii) Iiv II Other Current liabilities a Revenue received in advance a b Other advances (specify nature) b c Others (specify nature) c d Total Other current liabilities (a + b+ c) IId III Provisions a Provision for employee benefits a b Others (specify nature) b c Total provisions (a + b) IIIc IV Current Tax Liabilities (Net) IV Total Current liabilities (Iiv + IId + IIIc+ IV) 2B Total Equity and liabilities (1C + 2A +2B) I [ II 3(i)] 109 II ASSETS 1 Non-current assets A Property, Plant and Equipment a Gross block a b Depreciation b c Impairment losses c d Net block (a b - c) Ad B Capital work-in-progress B C Investment Property a Gross block a b Depreciation b c Impairment losses c d Net block (a b - c) Cd D Goodwill a Gross block a b Impairment losses b c Net block (a b) Dc E Other Intangible Assets a Gross block a b Amortisation b c Impairment losses c d Net block (a b - c) Ed F Intangible assets under development F G Biological assets other than bearer plants a Gross block a b Impairment losses b c Net block (a b) Gc H Financial Assets I Investments i Investments in Equity instruments a Listed equities ia b Unlisted equities ib c Total (ia + ib) ic ii Investments in Preference shares ii iii Investments in Government or trust securities iii iv Investments in Debenture or bonds iv v Investments in Mutual funds v vi Investments in Partnership firms vi vii Others Investments (specify nature) vii viii Total non-current investments (ic + ii + iii + iv + v + vi + vii) HI II Trade Receivables a Secured, considered good a b Unsecured, considered good b c Doubtful c d Total Trade receivables HII III Loans i Security deposits i 110 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] ii Loans to related parties (see instructions) ii iii Other loans (specify nature) iii iv Total Loans (i + ii + iii) HIII v Loans included in HIII above which is- a for the purpose of business or profession va b not for the purpose of business or profession vb c given to shareholder, being the beneficial owner of share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act vc IV Other Financial Assets i Bank Deposits with more than 12 months maturity i ii Others ii iii Total of Other Financial Assets (i + ii) HIV I Deferred Tax Assets (Net) I J Other non-current Assets i Capital Advances i ii Advances other than capital advances ii iii Others (specify nature) iii iv Total non-current assets (i + ii + iii) J v Non-current assets included in J above which is due from shareholder, being the beneficial owner of share, or from any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act v Total Non-current assets (Ad + B + Cd + Dc + Ed + F + Gc + HI + HII + HIII + HIV + I + J) 1 2 Current assets A Inventories i Raw materials i ii Work-in-progress ii iii Finished goods iii iv Stock-in-trade (in respect of goods acquired for trading) iv v Stores and spares v vi Loose tools vi vii Others vii viii Total Inventories (i + ii + iii + iv + v + vi + vii) 2A B Financial Assets I Investments i Investment in Equity instruments a Listed equities ia b Unlisted equities ib c Total (ia + ib) ic ii Investment in Preference shares ii iii Investment in government or trust securities iii iv Investment in debentures or bonds iv v Investment in Mutual funds v vi Investment in partnership firms vi vii Other Investments vii vii i Total Current investments (ic + ii + iii + iv + v + vi + vii) I II Trade receivables [ II 3(i)] 111 i Secured, considered good i ii Unsecured, considered good ii iii Doubtful iii iv Total Trade receivables (i + ii + iii) II III Cash and cash equivalents i Balances with Banks (of the nature of cash and cash equivalents) i ii Cheques, drafts in hand ii iii Cash on hand iii iv Others (specify nature) iv v Total Cash and cash equivalents (i + ii + iii + iv) III IV Bank Balances other than III above IV V Loans i Security Deposits i ii Loans to related parties (see instructions) ii iii Others (specify nature) iii iv Total loans (i + ii + iii) V v Loans and advances included in V above which is- a for the purpose of business or profession va b not for the purpose of business or profession vb c given to a shareholder, being the beneficial owner of share, or to any concern or on behalf/ benefit of such shareholder as per section 2(22)(e) of I.T. Act vc VI Other Financial Assets VI Total Financial Assets (I + II + III + IV + V + VI) 2B C Current Tax Assets (Net) 2C D Other current assets i Advances other than capital advances i ii Others (specify nature) ii iii Total 2D Total Current assets (2A + 2B + 2C + 2D) 2 Total Assets (1 + 2) II Part A- Manufacturing Account Manufacturing Account for the financial year 2023-24 (fill items 1 to 3 in a case where regular books of account are maintained, otherwise fill items 61 to 62 as applicable) 1 Debits to Manufacturing account A Opening Inventory i Opening stock of raw-material i ii Opening stock of Work in progress ii iii Total (i + ii) Aiii B Purchases (net of refunds and duty or tax, if any) B C Direct wages C D Direct expenses (Di + Dii + Diii) D i Carriage inward i ii Power and fuel ii iii Other direct expenses iii E Factory Overheads i Indirect wages i ii Factory rent and rates ii iii Factory Insurance iii iv Factory fuel and power iv v Factory general expenses v vi Depreciation of factory machinery vi vii Total (i+ii+iii+iv+v+vi) Evii F Total of Debits to Manufacturing Account (Aiii+B+C+D+Evii) 1F 2 Closing Stock i Raw material 2i 112 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] ii Work-in-progress 2ii Total (2i +2ii) 2 3 Cost of Goods Produced transferred to Trading Account (1F - 2) 3 Part A- Trading Account Trading Account for the financial year 2023-24 (fill items 4 to 12 in a case where regular books of account are maintained, otherwise fill items 61 to 62 as applicable) CREDITS TO TRADING ACCOUNT 4 Revenue from operations A Sales/ Gross receipts of business (net of returns and refunds and duty or tax, if any) i Sale of goods i ii Sale of services ii iii Other operating revenues (specify nature and amount) a iiia b iiib c Total (iiia + iiib) iiic iv Total (i + ii + iiic) Aiv B Gross receipts from Profession B C Duties, taxes and cess received or receivable in respect of goods and services sold or supplied i Union Excise duties i ii Service tax ii iii VAT/ Sales tax iii iv Central Goods & Service Tax (CGST) iv v State Goods & Services Tax (SGST) v vi Integrated Goods & Services Tax (IGST) vi vii Union Territory Goods & Services Tax (UTGST) vii viii Any other duty, tax and cess viii ix Total (i + ii + iii + iv +v+ vi+vii+viii) Cix D Total Revenue from operations (Aiv + B +Cix) 4D 5 Closing Stock of Finished Goods 5 6 Total of credits to Trading Account (4D + 5) 6 DEBITS TO TRADING ACCOUNT 7 Opening Stock of Finished Goods 7 8 Purchases (net of refunds and duty or tax, if any) 8 9 Direct Expenses (9i + 9ii + 9iii) 9 i Carriage inward i ii Power and fuel ii iii Other direct expenses Note: Row can be added as per the nature of Direct Expenses iii 10 Duties and taxes, paid or payable, in respect of goods and services purchased i Custom duty 10i ii Counter veiling duty 10ii iii Special additional duty 10iii iv Union excise duty 10iv v Service tax 10v vi VAT/ Sales tax 10vi vii Central Goods & Service Tax (CGST) 10vii viii State Goods & Services Tax (SGST) 10viii ix Integrated Goods & Services Tax (IGST) 10ix [ II 3(i)] 113 x Union Territory Goods & Services Tax (UTGST) 10x xi Any other tax, paid or payable 10xi xii Total (10i + 10ii + 10iii + 10iv + 10v + 10vi + 10vii + 10viii + 10ix + 10x + 10xi) 10xii 11 Cost of goods produced Transferred from Manufacturing Account 11 12 Gross Profit from Business/Profession - transferred to Profit and Loss account (6- 7-8-9-10xii-11) 12 12a Turnover from Intraday Trading 12a 12b Income from Intraday Trading - transferred to Profit and Loss account 12b Part A-P& L Profit and Loss Account for the financial year 2023-24 (fill items 13 to 60 in a case where regular books of account are maintained, otherwise fill items 61 to 62 as applicable) CREDITS TO PROFIT AND LOSS ACCOUNT 13 Gross profit transferred from Trading Account (12+12b) 13 14 Other income i Rent i ii Commission ii iii Dividend income iii iv Interest income iv v Profit on sale of fixed assets v vi Profit on sale of investment being securities chargeable to Securities Transaction Tax (STT) vi vii Profit on sale of other investment vii viii Gain (loss) on account of foreign exchange fluctuation u/s 43AA viii ix Profit on conversion of inventory into capital asset u/s 28(via) (Fair Market Value of inventory as on the date of conversion) ix x Agricultural income x xi Any other income (specify nature and amount) A xia B xib C Total (xia + xib) xic xii Total of other income (i + ii + iii + iv + v + vi + vii + viii + ix + x + xic) 14xii 15 Total of credits to profit and loss account (13+14xii) 15 DEBITS TO PROFI AND LOSS ACCOUNT 16 Freight outward 16 17 Consumption of stores and spare parts 17 18 Power and fuel 18 19 Rents 19 20 Repairs to building 20 21 Repairs to machinery 21 22 Compensation to employees i Salaries and wages 22i ii Bonus 22ii iii Reimbursement of medical expenses 22iii iv Leave encashment 22iv v Leave travel benefits 22v vi Contribution to approved superannuation fund 22vi vii Contribution to recognised provident fund 22vii viii Contribution to recognised gratuity fund 22viii ix Contribution to any other fund 22ix x Any other benefit to employees in respect of which an expenditure has been incurred 22x xi Total compensation to employees (total of 22i to 22x) 22xi xiia Whether any compensation, included in 22xi, paid to non- residents xiia Yes / No xiib If Yes, amount paid to non-residents xiib 23 Insurance i Medical Insurance 23i ii Life Insurance 23ii iii 23iii iv Other Insurance including factory, office, car, goods, etc. 23iv v Total expenditure on insurance (23i + 23ii + 23iii + 23iv) 23v 114 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] 24 Workmen and staff welfare expenses 24 25 Entertainment 25 26 Hospitality 26 27 Conference 27 28 Sales promotion including publicity (other than advertisement) 28 29 Advertisement 29 30 Commission i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 30iii 31 Royalty i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 31iii 32 Professional / Consultancy fees / Fee for technical services i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 32iii 33 Hotel, boarding and Lodging 33 34 Traveling expenses other than on foreign traveling 34 35 Foreign travelling expenses 35 36 Conveyance expenses 36 37 Telephone expenses 37 38 Guest House expenses 38 39 Club expenses 39 40 Festival celebration expenses 40 41 Scholarship 41 42 Gift 42 43 Donation 43 44 Rates and taxes, paid or payable to Government or any local body (excluding taxes on income) i Union excise duty 44i ii Service tax 44ii iii VAT/ Sales tax 44iii iv Cess 44iv v Central Goods & Service Tax (CGST) 44v vi State Goods & Services Tax (SGST) 44vi vii Integrated Goods & Services Tax (IGST) 44vii viii Union Territory Goods & Services Tax (UTGST) 44viii ix Any other rate, tax, duty or cess incl STT and CTT 44ix x Total rates and taxes paid or payable (44i + 44ii +44iii +44iv + 44v + 44vi + 44vii + 44viii +44ix) 44x 45 Audit fee 45 46 Other expenses (specify nature and amount) i i ii ii iii Total (i + ii) 46iii 47 Bad debts (specify PAN/Aadhaar No. of the person, if available, for whom Bad Debt for amount of Rs. 1 lakh or more is claimed and amount) (i1) 47i(1) (i2) 47ii(2) (i3) 47i(3) (Rows can be added as required) Total [47i(1)+47i(2)+47i(3)] 47i ii Others (more than Rs. 1 lakh) where PAN/Aadhaar No. is not available (provide name and complete address) 47ii S.No. Name Flat / Door/ Block No Name of Premises/ Building/ Village Road/ Street/ Post Office Area/ Locality Town/ City/ District State Country PIN Code ZIP Code Amount 1 Rows can be added as required iii Others (amounts less than Rs. 1 lakh) 47iii iv Total Bad Debt (47i + 47ii + 47iii)) 47iv [ II 3(i)] 115 48 Provision for bad and doubtful debts 48 49 Other provisions 49 50 Profit before interest, depreciation and taxes [15 (16 to 21 + 22xi + 23v + 24 to 29 + 30iii + 31iii + 32iii + 33 to 43 + 44x + 45 + 46iii + 47iv + 48 + 49)] 50 51 Interest i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 51iii 52 Depreciation and amortization 52 53 Net profit before taxes (50 51iii 52) 53 PROVISIONS PROVISION FOR TAX AND APPROPRIATIONS 54 Provision for current tax 54 55 Provision for Deferred Tax 55 56 Profit after tax (53 - 54 - 55) 56 57 Balance brought forward from previous year 57 58 Amount available for appropriation (56 + 57) 58 59 Appropriations i Transfer to reserves and surplus 59i ii Proposed dividend/ Interim dividend 59ii iii Tax on dividend/ Tax on dividend for earlier years 59iii iv Appropriation towards Corporate Social Responsibility (CSR) activities (in case of companies covered under section 135 of the Companies Act, 2013) 59iv v Any other appropriation 59v vi Total (59i + 59ii + 59iii + 59iv+59v) 59vi 60 Balance carried to balance sheet (58 - 59vi) 60 61 COMPUTATION OF PRESUMPTIVE INCOME FROM GOODS CARRIAGES UNDER SECTION 44AE SR. NO. Name of Business Business code Description Registration No. of goods carriage Whether owned/leased/ hired Tonnage capacity of goods carriage (in MT) Number of months for which goods carriage was owned/leased/hired by assessee Presumptive income u/s 44AE for the goods carriage (Computed @ Rs.1000 per ton per month in case tonnage exceeds 12MT, or else @ Rs.7500 per month) or the amount claimed to have been actually earned, whichever is higher (i) (1) (2) (3) (4) (5) (a) (b) Total Add row options as necessary (Please Note : At any time during the year the number of vehicles should not exceed 10 vehicles) (ii) Total presumptive income from goods carriage u/s 44AE [total of column (5) of table 61(i)] 61(ii) NOTE If the profits are lower than prescribed under S.44AE or the number of goods carriage owned / leased / hired at any time during the year exceeds 10, then, it is mandatory to maintain books of account and have a tax audit under section 44AB NO ACCOUNT CASE 62 In case of Foreign Company whose total income comprises of profits and gains from business referred to in sections 44B, 44BB, 44BBA, 44BBB or 44D furnish the following information a Gross receipts / Turnover 62a b Net profit 62b Part A- Manufacturing Account Ind-AS Manufacturing Account for the financial year 2023-24 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015)] 1 Debits to Manufacturing account A Opening Inventory i Opening stock of raw-material i ii Opening stock of Work in progress ii 116 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] iii Total (i + ii) Aiii B Purchases (net of refunds and duty or tax, if any) B C Direct wages C D Direct expenses D i Carriage inward i ii Power and fuel ii iii Other direct expenses iii E Factory Overheads i Indirect wages ii Factory rent and rates iii Factory Insurance iv Factory fuel and power v Factory general expenses vi Depreciation of factory machinery vii Total (i+ii+iii+iv+v+vi) Evii F Total of Debits to Manufacturing Account (Aiii+B+C+D+Evii) 1F 2 Closing Stock i Raw material 2i ii Work-in-progress 2ii Total (2i +2ii) 2 3 Cost of Goods Produced transferred to Trading Account (1F - 2) 3 Part A-Trading Account Ind- AS Trading Account for the financial year 2023-24 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] CREDITS TO TRADING ACCOUNT 4 Revenue from operations A Sales/ Gross receipts of business (net of returns and refunds and duty or tax, if any) i Sale of goods i ii Sale of services ii iii Other operating revenues (specify nature and amount) a iiia b iiib c Total (iiia + iiib) iiic iv Total (i + ii + iiic) Aiv B Gross receipts from Profession B C Duties, taxes and cess received or receivable in respect of goods and services sold or supplied i Union Excise duties i ii Service tax ii iii VAT/ Sales tax iii iv Central Goods & Service Tax (CGST) iv v State Goods & Services Tax (SGST) v vi Integrated Goods & Services Tax (IGST) vi vii Union Territory Goods & Services Tax (UTGST) vii viii Any other duty, tax and cess viii ix Total (i + ii + iii + iv +v+ vi+vii+viii) Cix D Total Revenue from operations (Aiv + B +Cix) 4D 5 Closing Stock of Finished Goods 5 6 Total of credits to Trading Account (4D + 5) 6 DEBITS TO TRADING ACCOUNT 7 Opening Stock of Finished Goods 7 8 Purchases (net of refunds and duty or tax, if any) 8 9 Direct Expenses (9i + 9ii + 9iii) 9 i Carriage inward i ii Power and fuel ii iii Other direct expenses Note: Row can be added as per the nature of Direct Expenses iii 10 Duties and taxes, paid or payable, in respect of goods and services purchased i Custom duty 10i ii Counter veiling duty 10ii iii Special additional duty 10iii [ II 3(i)] 117 iv Union excise duty 10iv v Service tax 10v vi VAT/ Sales tax 10vi vii Central Goods & Service Tax (CGST) 10vii viii State Goods & Services Tax (SGST) 10viii ix Integrated Goods & Services Tax (IGST) 10ix x Union Territory Goods & Services Tax (UTGST) 10x xi Any other tax, paid or payable 10xi xii Total (10i + 10ii + 10iii + 10iv + 10v + 10vi + 10vii + 10viii + 10ix + 10x + 10xi) 10xii 11 Cost of goods produced Transferred from Manufacturing Account 11 12 Gross Profit from Business/Profession - transferred to Profit and Loss account (6-7- 8-9-10xii-11) 12 12a Turnover from Intraday Trading 12a 12b Income from Intraday Trading - transferred to Profit and Loss account 12b Part A-P& L Ind-AS Profit and Loss Account for the financial year 2023-24 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] CREDITS TO PROFIT AND LOSS ACCOUNT 13 Gross profit transferred from Trading Account (12+12b) 14 Other income i Rent i ii Commission ii iii Dividend income iii iv Interest income iv v Profit on sale of fixed assets v vi Profit on sale of investment being securities chargeable to Securities Transaction Tax (STT) vi vii Profit on sale of other investment vii viii Gain (loss) on account of foreign exchange fluctuation u/s 43AA viii ix Profit on conversion of inventory into capital asset u/s 28(via) (Fair Market Value of inventory as on the date of conversion) ix x Agricultural income x xi Any other income (specify nature and amount) a xia b xib c Total (xia + xib) xic xii Total of other income (i + ii + iii + iv + v + vi + vii + viii + ix + x + xic) 14xii 15 Total of credits to profit and loss account (13+14xii) 15 16 Freight outward 16 17 Consumption of stores and spare parts 17 18 Power and fuel 18 19 Rents 19 20 Repairs to building 20 21 Repairs to machinery 21 22 Compensation to employees i Salaries and wages 22i ii Bonus 22ii iii Reimbursement of medical expenses 22iii iv Leave encashment 22iv v Leave travel benefits 22v vi Contribution to approved superannuation fund 22vi vii Contribution to recognised provident fund 22vii viii Contribution to recognised gratuity fund 22viii ix Contribution to any other fund 22ix x Any other benefit to employees in respect of which an expenditure has been incurred 22x xi Total compensation to employees (total of 22i to 22x) 22xi xii Whether any compensation, included in 22xi, paid to non- residents xiia Yes / No If Yes, amount paid to non-residents xiib 23 Insurance i Medical Insurance 23i ii Life Insurance 23ii 118 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] iii 23iii iv Other Insurance including factory, office, car, goods, etc. 23iv v Total expenditure on insurance (23i + 23ii + 23iii + 23iv) 23v 24 Workmen and staff welfare expenses 24 25 Entertainment 25 26 Hospitality 26 27 Conference 27 28 Sales promotion including publicity (other than advertisement) 28 29 Advertisement 29 30 Commission i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 30iii 31 Royalty i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 31iii 32 Professional / Consultancy fees / Fee for technical services i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 32iii 33 Hotel, boarding and Lodging 33 34 Traveling expenses other than on foreign traveling 34 35 Foreign travelling expenses 35 36 Conveyance expenses 36 37 Telephone expenses 37 38 Guest House expenses 38 39 Club expenses 39 40 Festival celebration expenses 40 41 Scholarship 41 42 Gift 42 43 Donation 43 44 Rates and taxes, paid or payable to Government or any local body (excluding taxes on income) i Union excise duty 44i ii Service tax 44ii iii VAT/ Sales tax 44iii iv Cess 44iv v Central Goods & Service Tax (CGST) 44v vi State Goods & Services Tax (SGST) 44vi vii Integrated Goods & Services Tax (IGST) 44vii viii Union Territory Goods & Services Tax (UTGST) 44viii ix Any other rate, tax, duty or cess incl STT and CTT 44ix x Total rates and taxes paid or payable (44i + 44ii +44iii +44iv + 44v + 44vi + 44vii + 44viii +44ix) 44x 45 Audit fee 45 46 Other expenses (specify nature and amount) i i ii ii iii Total (i + ii) 46iii 47 Bad debts (specify PAN/Aadhaar No. of the person, if available, for whom Bad Debt for amount of Rs. 1 lakh or more is claimed and amount) (i1) 47(i1) (i2) 47i(2) (i3) 47i(3) (Rows can be added as required) Total (47i1+47i2+47i3) 47i ii Others (more than Rs. 1 lakh) where PAN/Aadhaar No. is not available (provide name and complete address) 47ii S.No. Name Flat / Door/ Block No Name of Premises/ Building/ Village Road/ Street/ Post Office Area/ Locality Town/ City/ District State Country PIN Code ZIP Code Amount [ II 3(i)] 119 1 Rows can be added as required iii Others (amounts less than Rs. 1 lakh) 47iii iv Total Bad Debt (47i + 47ii + 47iii) 47iv 48 Provision for bad and doubtful debts 48 49 Other provisions 49 50 Profit before interest, depreciation and taxes [15 (16 to 21 + 22xi + 23v + 24 to 29 + 30iii + 31iii + 32iii + 33 to 43 + 44x + 45 + 46iii + 47iv + 48 + 49)] 50 51 Interest i Paid outside India, or paid in India to a non-resident other than a company or a foreign company i ii To others ii iii Total (i + ii) 51iii 52 Depreciation and amortisation 52 53 Net profit before taxes (50 51iii 52) 53 PROVISIONS PROVISION FOR TAX AND APPROPRIATIONS 54 Provision for current tax 54 55 Provision for Deferred Tax 55 56 Profit after tax (53 - 54 - 55) 56 57 Balance brought forward from previous year 57 58 Amount available for appropriation (56 + 57) 58 59 Appropriations i Transfer to reserves and surplus 59i ii Proposed dividend/ Interim dividend 59ii iii Tax on dividend/ Tax on dividend for earlier years 59iii iv Appropriation towards Corporate Social Responsibility (CSR) activities (in case of companies covered under section 135 of Companies Act, 2013) 59iv v Any other appropriation 59v vi Total (59i + 59ii + 59iii + 59iv+59v) 59vi 60 Balance carried to balance sheet (58 - 59vi) 60 61 A Items that will not be reclassified to P&L i Changes in revaluation surplus i ii Re-measurements of the defined benefit plans ii iii Equity instruments through OCI iii iv Fair value Changes relating to own credit risk of financial liabilities designated at FVTPL iv v Share of Other comprehensive income in associates and joint ventures, to the extent not to be classified to P&L v vi Others (Specify nature) vi vii Income tax relating to items that will not be reclassified to P&L vii viii Total 61A B Items that will be reclassified to P&L i Exchange differences in translating the financial statements of a foreign operation i ii Debt instruments through OCI ii iii The effective portion of gains and loss on hedging instruments in a cash flow hedge iii iv Share of OCI in associates and joint ventures to the extent to be classified into P&L iv v Others (Specify nature) v vi Income tax relating to items that will be reclassified to P&L vi vii Total 61B 62 Total Comprehensive Income (56 + 61A + 61B) 62 Part A- OI Other Information (mandatory, if liable for audit under section 44AB, for other fill, if applicable) OTHER INFORMATION 1 Method of accounting employed in the previous year (Tick) mercantile cash 2 Is there any change in method of accounting (Tick) Yes No 3a Increase in the profit or decrease in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2) [column XI(3) of Schedule ICDS] 3a 3b Decrease in the profit or increase in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2) [column XI(4) of Schedule ICDS] 3b 4 Method of valuation of closing stock employed in the previous year (optional in case of professionals) a Raw Material (if at cost or market rates whichever is less write 1, if at cost write 2, if at market rate write 3) 120 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] b Finished goods (if at cost or market rates whichever is less write 1, if at cost write 2, if at market rate write 3) c Is there any change in stock valuation method (Tick) Yes No d Increase in the profit or decrease in loss because of deviation, if any, from the method of valuation specified under section 145A 4d e Decrease in the profit or increase in loss because of deviation, if any, from the method of valuation specified under section 145A 4e 5 Amounts not credited to the profit and loss account, being - a the items falling within the scope of section 28 5a b the proforma credits, drawbacks, refund of duty of customs or excise or service tax, or refund of sales tax or value added tax, or refund of GST, where such credits, drawbacks or refunds are admitted as due by the authorities concerned 5b c escalation claims accepted during the previous year 5c d any other item of income 5d e capital receipt, if any 5e f Total of amounts not credited to profit and loss account (5a+5b+5c+5d+5e) 5f 6 Amounts debited to the profit and loss account, to the extent disallowable under section 36 due to non-fulfilment of condition specified in relevant clauses- a Premium paid for insurance against risk of damage or destruction of stocks or store [36(1)(i)] 6a b Premium paid for insurance on the health of employees [36(1)(ib)] 6b c Any sum paid to an employee as bonus or commission for services rendered, where such sum was otherwise payable to him as profits or dividend [36(1)(ii)] 6c d Any amount of interest paid in respect of borrowed capital [36(1)(iii)] 6d e Amount of discount on a zero-coupon bond [36(1)(iiia)] 6e f Amount of contributions to a recognised provident fund [36(1)(iv)] 6f g Amount of contributions to an approved superannuation fund [36(1)(iv)] 6g h Amount of contribution to a pension scheme referred to in section 80CCD [36(1)(iva)] 6h i Amount of contributions to an approved gratuity fund [36(1)(v)] 6i j Amount of contributions to any other fund 6j k Any sum received from employees as contribution to any provident fund or superannuation fund or any fund set up under ESI Act or any other fund for the welfare of employees to the extent not credited to the employees account on or before the due date [36(1)(va)] 6k l Amount of bad and doubtful debts [36(1)(vii)] 6l m Provision for bad and doubtful debts [36(1)(viia)] 6m n Amount transferred to any special reserve [36(1)(viii)] 6n o Expenditure for the purposes of promoting family planning amongst employees [36(1)(ix)] 6o p Amount of securities transaction paid in respect of transaction in securities if such income is not included in business income [36(1)(xv)] 6p q Marked to market loss or other expected loss as computed in accordance with the ICDS notified u/s 145(2) [36(1)(xviii)] 6q r Any other disallowance 6r s Total amount disallowable under section 36 (total of 6a to 6r) 6s t Total number of employees employed by the company (mandatory in case company has recognized Provident Fund) i deployed in India i ii deployed outside India ii iii Total iii 7 Amounts debited to the profit and loss account, to the extent disallowable under section 37 a Expenditure of capital nature [37(1)] 7a b Expenditure of personal nature [37(1)] 7b c Expenditure laid out or expended wholly and exclusively NOT for the purpose of business or profession [37(1)] 7c d Expenditure on advertisement in any souvenir, brochure, tract, pamphlet or the like, published by a political party [37(2B)] 7d e Expenditure by way of penalty or fine for violation of any law for the time being in force 7e f Any other penalty or fine 7f g Expenditure incurred for any purpose which is an offence or which is prohibited by law 7g [ II 3(i)] 121 h Expenditure incurred on corporate social responsibility (CSR) 7h i Amount of any liability of a contingent nature 7i j Any other amount not allowable under section 37 7j k Total amount disallowable under section 37 (total of 7a to 7j) 7k 8 A. Amounts debited to the profit and loss account, to the extent disallowable under section 40 a Amount disallowable under section 40 (a)(i), on account of non-compliance with the provisions of Chapter XVII-B Aa b Amount disallowable under section 40(a)(ia) on account of non-compliance with the provisions of Chapter XVII-B Ab c Amount disallowable under section 40(a)(ib) on account of non-compliance with the provisions of Chapter VIII of the Finance Act, 2016 Ac d Amount disallowable under section 40(a)(iii) on account of non-compliance with the provisions of Chapter XVII-B Ad e Amount of tax or rate levied or assessed on the basis of profits [40(a)(ii)] Ae f Amount paid as wealth tax [40(a)(iia)] Af g Amount paid by way of royalty, license fee, service fee etc. as per section 40(a)(iib) Ag h Amount of interest, salary, bonus, commission or remuneration paid to any partner or member inadmissible under section [40(b)/ 40(ba)] Ah i Any other disallowance Ai j Total amount disallowable under section 40(total of Aa to Ai ) Aj B. Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year 8B 9 Amounts debited to the profit and loss account, to the extent disallowable under section 40A a Amounts paid to persons specified in section 40A(2)(b) 9a b Amount paid otherwise than by account payee cheque or account payee bank draft or use of electronic clearing system through a bank account or through such electronic mode as may be prescribed, disallowable under section 40A(3) 9b c Provision for payment of gratuity [40A(7)] 9c d any sum paid by the assessee as an employer for setting up or as contribution to any fund, trust, company, AOP, or BOI or society or any other institution [40A(9)] 9d e Any other disallowance 9e f Total amount disallowable under section 40A (Total of 9a to 9e) 9f 10 Any amount disallowed under section 43B in any preceding previous year but allowable during the previous year a Any sum in the nature of tax, duty, cess or fee under any law 10a b Any sum payable by way of contribution to any provident fund or superannuation fund or gratuity fund or any other fund for the welfare of employees 10b c Any sum payable to an employee as bonus or commission for services rendered 10c d Any sum payable as interest on any loan or borrowing from any public financial institution or a State financial corporation or a State Industrial investment corporation 10d da Any sum payable as interest on any loan or borrowing from such class of non-banking financial companies as may be notified by the Central Government, in accordance with the terms and conditions of the agreement governing such loan or borrowing 10da e Any sum payable as interest on any loan or borrowing from any scheduled bank or a co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank 10e f Any sum payable towards leave encashment 10f g Any sum payable to the Indian Railways for the use of railway assets 10g h Any sum payable to a micro or small enterprise beyond the time limit specified in section 15 of the Micro, Small and Medium Enterprises Development Act, 2006 10h i Total amount allowable under section 43B (total of 10a to 10h ) 10i 11 Any amount debited to profit and loss account of the previous year but disallowable under section 43B 122 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] a Any sum in the nature of tax, duty, cess or fee under any law 11a b Any sum payable by way of contribution to any provident fund or superannuation fund or gratuity fund or any other fund for the welfare of employees 11b c Any sum payable to an employee as bonus or commission for services rendered 11c d Any sum payable as interest on any loan or borrowing from any public financial institution or a State financial corporation or a State Industrial investment corporation 11d da any sum payable as interest on any loan or borrowing from such class of non-banking financial companies as may be notified by the Central Government, in accordance with the terms and conditions of the agreement governing such loan or borrowing 11da e Any sum payable as interest on any loan or borrowing from any scheduled bank or a co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank 11e f Any sum payable towards leave encashment 11f g Any sum payable to the Indian Railways for the use of railway assets 11g h Any sum payable to a micro or small enterprise beyond the time limit specified in section 15 of the Micro, Small and Medium Enterprises Development Act, 2006 11h i Total amount disallowable under Section 43B (total of 11a to 11h) 11i 12 Amount of credit outstanding in the accounts in respect of a Union Excise Duty 12a b Service tax 12b c VAT/sales tax 12c d Central Goods & Service Tax (CGST) 12d e State Goods & Services Tax (SGST) 12e f Integrated Goods & Services Tax (IGST) 12f g Union Territory Goods & Services Tax (UTGST) 12g h Any other tax 12h i Total amount outstanding (total of 12a to 12h) 12i 13 Amounts deemed to be profits and gains under section 33AB or 33ABA or 33AC 13 14 Any amount of profit chargeable to tax under section 41 14 15 Amount of income or expenditure of prior period credited or debited to the profit and loss account (net) 15 16 Amount of expenditure disallowed u/s 14A 16 17 Whether assessee is exercising option under subsection 2A of section 92CE (Tick) Yes No [If yes , please fill schedule TPSA] 17 Part A QD Quantitative details (mandatory, if liable for audit under section 44AB) QUANTITATIVE DETAILS (a) In the case of a trading concern 1 Opening stock 1 2 Purchase during the previous year 2 3 Sales during the previous year 3 4 Closing stock 4 5 Shortage/ excess, if any 5 (b) In the case of a manufacturing concern 6 Raw materials a Opening stock 6a b Purchases during the previous year 6b c Consumption during the previous year 6c d Sales during the previous year 6d e Closing stock 6e f Yield finished products 6f g Percentage of yield 6g h Shortage/ excess, if any 6h 7 Finished products/ By-products a opening stock 7a [ II 3(i)] 123 b purchase during the previous year 7b c quantity manufactured during the previous year 7c d sales during the previous year 7d e closing stock 7e f shortage/ excess, if any 7f Part A OL Receipt and payment account of company under liquidation Receipt and payment account of company under liquidation 1 Opening balance i Cash in hand 1i ii Bank 1ii iii Total opening balance 1iii 2 Receipts i Interest 2i ii Dividend 2ii iii Sale of assets (pls. specify nature and amount) a 2iiia b 2iiib c 2iiic d Total (iiia + iiib + iiic) 2iiid iv Realisation of dues/debtors 2iv v Others (pls. specify whether revenue/capital, nature and amount) a 2va b 2vb c Total of other receipts (va + vb) 2vc vi Total receipts (2i + 2ii + 2iiid+ 2iv + 2vc) 2vi 3 Total of opening balance and receipts 3 4 Payments i Repayment of secured loan 4i ii Repayment of unsecured loan 4ii iii Repayment to creditors 4iii iv Commission 4iv v Others (pls. specify) a 4va b 4vb c Total of other payments (4va + 4vb) 4vc vi Total payments (4i + 4ii + 4iii + 4iv + 4vc) 4vi 5 Closing balance i Cash in hand 5i ii Bank 5ii iii Total of closing balance (5i + 5ii) 5iii 6 Total of closing balance and payments (4vi + 5iii) 6 Schedule HP Details of Income from House Property (Please refer instructions) (Drop down to be provided indicating ownership of property) HOUSE PROPERTY 1 Address of property 1 Town/ City State Country PIN Code / Zip Code Is the property co-owned? Yes No please enter following details) percentage of share in the property % Name of Co-owner(s) PAN/Aadhaar No. of Co-owner (s) Percentage Share in Property I II [Tick the applicable option] Let out Deemed let out Name(s) of Tenant(s) (if let out) PAN/Aadhaar No. of Tenant(s) (Please see Note ) PAN/TAN/Aadhaar No. of Tenant(s) (if TDS credit is claimed) I II a Gross rent received or receivable or lettable value 1a b The amount of rent which cannot be realized 1b c Tax paid to local authorities 1c d Total (1b + 1c) 1d e Annual value (1a 1d) 1e f Annual value of the property owned (own percentage share x 1e) 1f g 30% of 1f 1g h Interest payable on borrowed capital 1h i Total (1g + 1h) 1i j Arrears/Unrealised rent received during the year less 30% 1j k Income from house property 1 (1f 1i+1j) 1k 124 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] (fill up details separately for each property 2 Pass through income/loss if any * 2 3 (if negative take the figure to 2i of schedule CYLA) 3 NOTE Furnishing of PAN/Aadhaar No. of tenant is mandatory, if tax is deducted under section 194-IB. Furnishing of TAN of tenant is mandatory, if tax is deducted under section 194-I. Schedule BP Computation of income from business or profession INCOME FROM BUSINESS OR PROFESSION A From business or profession other than speculative business and specified business 1 Profit before tax as per profit and loss account (item 53 61(ii) and 62(b) of Part A-P&L) / (item 53 of Part A-P&L Ind AS) (as applicable) 1 2a Net profit or loss from speculative business included in 1 (enter ve sign in case of loss) 2a 2b Net profit or Loss from Specified Business u/s 35AD included in 1 (enter ve sign in case of loss) 2b 3 Income/ receipts credited to profit and loss account considered under other heads of income or chargeable u/s 115BBF or chargeable u/s 115BBG or chargeable u/s 115BBH a House property 3a b Capital gains 3b c Other sources 3c ci Dividend income 3ci cii other than Dividend income 3cii d u/s 115BBF 3d e u/s 115BBG 3e f u/s 115BBH (net of Cost of Acquisition, if any) 3f (Item No. A of Schedule VDA) 4a Profit or loss included in 1, which is referred to in section 44B/44BB/44BBA/44BBB/44AE/44D/44DA//Chapter-XII-G/ First Schedule of Income-tax Act (other than 115B) (Dropdown to be provided) 4a 4b Profit and gains from life insurance business referred to in section 115B 4b 4c Profit from activities covered under rule 7, 7A, 7B(1), 7B(1A) and 8 (Dropdown to be provided) 4c 5 Income credited to Profit and Loss account (included in 1) which is exempt a Share of income from firm(s) 5a b Share of income from AOP/ BOI 5b c Any other exempt income (specify nature and amount) i ci ii cii iii Total (ci + cii) 5ciii d Total exempt income (5a + 5b + 5ciii) 5d 6 Balance (1 2a 2b 3a - 3b 3c 3d 3e 3f-4 5d) 6 7 Expenses debited to profit and loss account considered under other heads of income/related to income chargeable u/s 115BBF or u/s 115BBG or u/s 115BBH a House property 7a b Capital gains 7b c Other sources 7c d u/s 115BBF 7d e u/s 115BBG 7e f u/s 115BBH (other than Cost of Acquisition) 7f 8a Expenses debited to profit and loss account which relate to exempt income 8a 8b Expenses debited to profit and loss account which relate to exempt income and disallowed u/s 14A (16 of Part A-OI) 8b 9 Total (7a + 7b + 7c + 7d + 7e + 7f+ 8a+8b) 9 10 Adjusted profit or loss (6+9) 10 11 Depreciation and amortization debited to profit and loss account 11 12 Depreciation allowable under Income-tax Act i Depreciation allowable under section 32(1)(ii) and 32(1)(iia) (item 6 of Schedule-DEP) 12i ii Depreciation allowable under section 32(1)(i) (Make your own computation refer Appendix-IA of IT Rules) 12ii iii Total (12i + 12ii) 12iii [ II 3(i)] 125 13 Profit or loss after adjustment for depreciation (10 +11 12iii) 13 14 Amounts debited to the profit and loss account, to the extent disallowable under section 36 (6s of Part A-OI) 14 15 Amounts debited to the profit and loss account, to the extent disallowable under section 37 (7k of Part A-OI) 15 16 Amounts debited to the profit and loss account, to the extent disallowable under section 40 (8Aj of Part A-OI) 16 17 Amounts debited to the profit and loss account, to the extent disallowable under section 40A (9f of Part A-OI) 17 18 Any amount debited to profit and loss account of the previous year but disallowable under section 43B (11i of Part A-OI) 18 19 Interest disallowable under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006 19 20 Deemed income under section 41 20 21 Deemed income under section 32AC/ 32AD/ 33AB/ 33ABA/35ABA/ 35ABB/ 35AC/ 40A(3A)/ 33AC/ 72A/ 80HHD/ 80-IA 21 22 Deemed income under section 43CA 22 23 Any other item of addition under section 28 to 44DB 23 24 Any other income not included in profit and loss account/any other expense not allowable (including income from salary, commission, bonus and interest from firms in which company is a partner) 24 25 Increase in profit or decrease in loss on account of ICDS adjustments and deviation in method of valuation of stock (Column 3a + 4d of Part A- OI) 25 26 Total (14 + 15 + 16 + 17 + 18 + 19 + 20 + 21+22 +23+24+25) 26 27 Deduction allowable under section 32(1)(iii) 27 28 Amount allowable as deduction under section 32AC 28 29 Amount of deduction under section 35 or 35CCC or 35CCD in excess of the amount debited to profit and loss account (item x(4) of Schedule ESR) (if amount deductible under section 35 or 35CCC or 35CCD is lower than amount debited to P&L account, it will go to item 24) 29 30 Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year(8B of Part A-OI) 30 31 Any amount disallowed under section 43B in any preceding previous year but allowable during the previous year (10i of Part A-OI) 31 32 Any other amount allowable as deduction 32 33 Decrease in profit or increase in loss on account of ICDS adjustments and deviation in method of valuation of stock (Column 3b + 4e of Part A- OI) 33 34 Total (27+28+29+30+31+32+33) 34 35 Income (13+26-34) 35 36 Profits and gains of business or profession deemed to be under - i Section 44AE (61(ii) of schedule P&L ) 36i ii Section 44B 36ii iii Section 44BB 36iii iv Section 44BBA 36iv v Section 44BBB 36v vi Section 44D 36vi vii Section 44DA 36vii (item 4 of Form 3CE) viii Chapter-XII-G (tonnage) 36viii (total of col. 7 of item 10 of Form 66) ix First Schedule of Income-tax Act (other than 115B) 36ix x Total (36i to 36ix) 36x 37 Net profit or loss from business or profession other than speculative and specified business (36+36x) 37 38 Net Profit or loss from business or profession other than speculative business and specified business after applying rule 7A, 7B or 8, if applicable (If rule 7A, 7B or 8 is not applicable, enter same figure as in 37) (If loss take the figure to 2i of item F) (38a+ 38b + 38c + 38d + 38e + 38f) A38 a Income chargeable under Rule 7 38a b Deemed income chargeable under Rule 7A 38b c Deemed income chargeable under Rule 7B(1) 38c d Deemed income chargeable under Rule 7B(1A) 38d e Deemed income chargeable under Rule 8 38e 126 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] f Income other than Rule 7A, 7B & 8 (Item No. 37) 38f 39 Balance of income deemed to be from agriculture, after applying Rule 7, 7A, 7B(1), 7B(1A) and Rule 8 for the purpose of aggregation of income as per Finance Act [4c- (38a+38b+38c+38d+38e)] 39 B Computation of income from speculative business 40 Net profit or loss from speculative business as per profit or loss account 40 41 Additions in accor7dance with section 28 to 44DB 41 42 Deductions in accordance with section 28 to 44DB 42 43 Income from speculative business ) (40+41-42) (if loss, take the figure to 6xvii of schedule CFL) B43 C Computation of income from specified business under section 35AD 44 Net profit or loss from specified business as per profit or loss account 44 45 Additions in accordance with section 28 to 44DB 45 46 Deductions in accordance with section 28 to 44DB (other than deduction under section,- (i) 35AD, (ii) 32 or 35 on which deduction u/s 35AD is claimed) 46 47 Profit or loss from specified business (44+45-46) 47 48 Deductions in accordance with section 35AD(1) 48 49 Income from Specified Business) (47-48 )(if loss, take the figure to 7xvii of schedule CFL) C49 50 Relevant clause of sub-section (5) of section 35AD which covers the specified business (to be selected from drop down menu) C50 D (A38+B43+C49) E Intra head set off of business loss of current year Sl. Type of Business income Income of current year (Fill this column only if figure is zero or positive) Business loss set off Business income remaining after set off (1) (2) (3) = (1) (2) i Loss to be set off (Fill this row only if figure is negative) (A38) ii Income from speculative business (B43) iii Income from specified business (C49) iv Income from Life Insurance business u/s. 115B (4b) v Total loss set off (ii + iii) vi Loss remaining after set off (i v) Schedule DPM Depreciation on Plant and Machinery (Other than assets on which full capital expenditure is allowable as deduction under any other section) DEPRECIATION ON PLANT AND MACHINERY 1 Block of assets Plant and machinery 2 Rate (%) 15 30 40 45 (i) (ii) (iii) (iv) 3 Written down value on the first day of previous year 4 Additions for a period of 180 days or more in the previous year 5 Consideration or other realization during the previous year out of 3 or 4 6 Amount on which depreciation at full rate to be allowed (3 + 4 -5) (enter 0, if result is negative) 7 Additions for a period of less than 180 days in the previous year 8 Consideration or other realizations during the year out of 7 9 Amount on which depreciation at half rate to be allowed (7 8) (enter 0, if result is negative) 10 Depreciation on 6 at full rate 11 Depreciation on 9 at half rate 12 Additional depreciation, if any, on 4 13 Additional depreciation, if any, on 7 14 Additional depreciation relating to immediately preceding year on asset put to use for less than 180 days 15 Total depreciation (10+11+12+13+14) 16 Depreciation disallowed under section 38(2) of the I.T. Act (out of column 15) 17 Net aggregate depreciation (15-16) [ II 3(i)] 127 18 Proportionate aggregate depreciation allowable in the event of succession, amalgamation, demerger etc. (out of column 17) 19 Expenditure incurred in connection with transfer of asset/ assets 20 Capital gains/ loss under section 50 (5 + 8 -3 - 4 -7 -19) (enter negative only, if block ceases to exist) 21 Written down value on the last day of previous year* (6+ 9 -15) (enter 0, if result is negative) Schedule DOA Depreciation on other assets (Other than assets on which full capital expenditure is allowable as deduction) DEPRECIATION ON OTHER ASSETS 1 Block of assets Land Building (not including land) Furniture and fittings Intangible assets Ships 2 Rate (%) Nil 5 10 40 10 25 20 (i) (ii) (iii) (iv) (v) (vi) (vii) 3 Written down value on the first day of previous year 4 Additions for a period of 180 days or more in the previous year 5 Consideration or other realization during the previous year out of 3 or 4 6 Amount on which depreciation at full rate to be allowed (3 + 4 -5) (enter 0, if result is negative) 7 Additions for a period of less than 180 days in the previous year 8 Consideration or other realizations during the year out of 7 9 Amount on which depreciation at half rate to be allowed (7-8) (enter 0, if result is negative) 10 Depreciation on 6 at full rate 11 Depreciation on 9 at half rate 12 Total depreciation (10+11) 13 Depreciation disallowed under section 38(2) of the I.T. Act (out of column 12) 14 Net aggregate depreciation (12-13) 15 Proportionate aggregate depreciation allowable in the event of succession, amalgamation, demerger etc. (out of column 14) 16 Expenditure incurred in connection with transfer of asset/ assets 17 Capital gains/ loss under section 50* (5 + 8 -3-4 -7 -16) (enter negative only if block ceases to exist) 18 Written down value on the last day of previous year* (6+ 9 -12) (enter 0 if result is negative) Schedule DEP Summary of depreciation on assets (Other than on assets on which full capital expenditure is allowable as deduction under any other section) SUMMARY OF DEPRECIATION ON ASSETS 1 Plant and machinery a Block entitled for depreciation @ 15 per cent ( Schedule DPM - 17i or 18i as applicable) 1a b Block entitled for depreciation @ 30 per cent ( Schedule DPM - 17ii or 18ii as applicable) 1b c Block entitled for depreciation @ 40 per cent ( Schedule DPM - 17iii or 18iii as applicable) 1c d Block entitled for depreciation @ 45 per cent ( Schedule DPM - 17iv or 18iv as applicable) 1d e Total depreciation on plant and machinery ( 1a + 1b + 1c+1d) 1e 2 Building (not including land) a Block entitled for depreciation @ 5 per cent (Schedule DOA- 14ii or 15ii as applicable) 2a b Block entitled for depreciation @ 10 per cent (Schedule DOA- 14iii or 15iii as applicable) 2b c Block entitled for depreciation @ 40 per cent (Schedule DOA- 14iv or 15iv as applicable) 2c d Total depreciation on building (2a+2b+2c) 2d 128 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] 3 Furniture and fittings(Schedule DOA- 14v or 15v as applicable) 3 4 Intangible assets (Schedule DOA- 14vi or 15vi as applicable) 4 5 Ships (Schedule DOA- 14vii or 15vii as applicable) 5 6 Total depreciation ( 1e+2d+3+4+5) 6 Schedule DCG Deemed Capital Gains on sale of depreciable assets 1 Plant and machinery a Block entitled for depreciation @ 15 per cent (Schedule DPM - 20i) 1a b Block entitled for depreciation @ 30 per cent (Schedule DPM 20ii) 1b c Block entitled for depreciation @ 40 per cent (Schedule DPM - 20iii) 1c d Block entitled for depreciation @ 45 per cent (Schedule DPM - 20iii) 1d e Total ( 1a +1b + 1c+1e) 1e 2 Building (not including land) a Block entitled for depreciation @ 5 per cent (Schedule DOA- 17ii) 2a b Block entitled for depreciation @ 10 per cent (Schedule DOA- 17iii) 2b c Block entitled for depreciation @ 40 per cent (Schedule DOA- 17iv) 2c d Total ( 2a + 2b + 2c) 2d 3 Furniture and fittings ( Schedule DOA- 17v) 3 4 Intangible assets (Schedule DOA- 17vi) 4 5 Ships (Schedule DOA- 17vii) 5 6 Total ( 1e+2d+3+4+5) 6 Schedule ESR Expenditure on scientific Research etc. (Deduction under section 35 or 35CCC or 35CCD) Sl No Expenditure of the nature referred to in section (1) Amount, if any, debited to profit and loss account (2) Amount of deduction allowable (3) Amount of deduction in excess of the amount debited to profit and loss account (4) = (3) - (2) i 35(1)(i) ii 35(1)(ii) iii 35(1)(iia) iv 35(1)(iii) v 35(1)(iv) vi 35(2AA) vii 35(2AB) viii 35CCC ix 35CCD x Total NOTE In case any deduction is claimed under sections 35(1)(ii) or 35(1)(iia) or 35(1)(iii) or 35(2AA), please provide the details as per Schedule RA. Schedule CG Capital Gains Capital Gains A Short-term Capital Gains (STCG) (Sub-items 4 & 5 are not applicable for residents) Short-term Capital Gains 1 From sale of land or building or both (fill up details separately for each property)(in case of co-ownership, enter your share of capital gain) Date of purchase/ acquisition DD/MM/YYYY Date of sale/transfer a i Full value of consideration ai ii Value of property as per stamp valuation aii iii Full value of consideration adopted as per section 50C for the purpose of Capital Gains [in case (aii) does not exceed 1.10 times (ai), aiii b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of Improvement without indexation bii [ II 3(i)] 129 iii Expenditure wholly and exclusively in biii iv Total (bi + bii + biii) biv c Balance (aiii biv) 1c d Deduction under section 54G/54GA (Specify details i it D b l ) 1d e Short-term Capital Gains on Immovable property (1c - 1d) A1e F In case of transfer of immovable property, please furnish the following details (see note) S. No. Name of buyer(s) PAN/Aadhaar No. of buyer(s) Percent age share Amount Addre ss of proper ty, Pi n co de Stat e Furnishing of PAN/Aadhaar No. is mandatory, if the tax is deduced under section 194-IA or is quoted by buyer in the documents. In case of more than one buyer, please indicate the respective 2 From slump sale A i Fair market value as per Rule 11UAE(2) 2a i ii Fair market value as per Rule 11UAE(3) 2a ii iii Full value of consideration (higher of ai or 2a iii B Net worth of the under taking or division 2b C Short term capital gains from slump sale (2aiii-2b) A2c 3 From sale of equity share or unit of equity oriented Mutual Fund (MF) or unit of a business trust on which STT is paid under section 111A or 115AD(1)(b)(ii) i (f FII) a Full value of consideration 3a b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of Improvement without indexation bii iii Expenditure wholly and exclusively in biii iv Total (i + ii + iii) biv c Balance (3a biv) 3c d Loss to be disallowed u/s 94(7) or 94(8)- for example if asset bought/acquired within 3 months prior to record date and dividend/income/bonus units are received, then loss arising out of sale of h t t b i d (E t iti l 3d e Short-term capital gain on equity share or equity oriented MF A3e 4 For NON-RESIDENT, not being an FII- from sale of shares or debentures of an Indian company (to be computed with foreign exchange a STCG on transactions on which securities transaction tax (STT) is A4a b STCG on transactions on which securities transaction tax (STT) is A4b 5 For NON-RESIDENTS- from sale of securities (other than those at A3 above) by an FII as per section 115AD a i In case securities sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of unquoted shares ia b Fair market value of unquoted shares determined in the prescribed manner ib c Full value of consideration in respect of unquoted shares adopted as per section 50CA f th f C it l G i (hi h f ic ii Full value of consideration in respect of securities other than unquoted shares aii iii Total (ic + ii) aiii b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of improvement without indexation bii iii Expenditure wholly and exclusively in biii iv Total (i + ii + iii) biv c Balance (5aiii biv) 5c d Loss to be disallowed u/s 94(7) or 94(8)- for example if security bought/acquired within 3 months prior to record date and dividend/income/bonus units are received, then 5d 130 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] e Short-term capital gain on securities (other than those at A3 above) b FII (5 +5d) A5e 6 From sale of assets other than at A1 or A2 or A3 or A4 or A5 above A i In case assets sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of unquoted shares ia b Fair market value of unquoted shares determined in the prescribed manner ib c Full value of consideration in respect of unquoted shares adopted as per section 50CA f th f C it l G i (hi h f ic ii Full value of consideration in respect of assets other than unquoted shares aii iii Total (ic + ii) aiii B Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of Improvement without indexation bii iii Expenditure wholly and exclusively in biii iv Total (i + ii + iii) biv C Balance (6aiii biv) 6c D In case of asset (security/unit) loss to be disallowed u/s 94(7) or 94(8)- for example if asset bought/acquired within 3 months prior to record date and dividend/income/bonus units are 6d E Deemed short term capital gains on depreciable assets (6 of schedule- DCG) 6e F Deduction under section 54G/54GA 6f G STCG on assets other than at A1 or A2 or A3 or A4 or A5 above A6g 7 Amount deemed to be short term capital gains a Whether any amount of unutilized capital gain on asset transferred during the previous years shown below was deposited in the Capital Gains Accounts Scheme within due date for that year? Sl. Previous year in which asset transfer red Section under which deduction claimed in that year New asset acquired/constructed Amount not used for new asset or i d Previous year in which asset acquired/const ructed Amount utilised out of Capital Gains account i 2020-21 54G/54GA ii 2021-22 54G/54GA iii 2022-23 54G/54GA b Amount deemed to be short term capital gains u/s Amount deemed to be short term capital gains (Xi+ Xii+ Xiii + b) A7 8 Pass Through Income/Loss in the nature of Short Term Capital Gain, (Fill up schedule PTI) (A8a + A8b + A8c) A8 a Pass Through Income/Loss in the nature of Short Term Capital Gain, chargeable @ 15% A8a b Pass Through Income/Loss in the nature of Short Term Capital Gain, chargeable @ 30% A8b c Pass Through Income/Loss in the nature of Short Term Capital Gain, chargeable at A8c 9 Amount of STCG included in A1 A8 but claimed as not chargeable to tax or chargeable at special rates in India as per DTAA Sl. No. Amount of income Item No. A1 to A8 above in which included Count ry name & Code Article of DTAA Rate as per Treaty (enter NIL, if not chargeab le) Whet her TRC obtai ned (Y/N) Section of I.T. Act Rate as per I.T. Act Applic able rate [lower of (6) or (9)] (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) [ II 3(i)] 131 I II a Total amount of STCG not claimed as chargeable to tax in India as per DTAA A9a b Total amount of STCG claimed as chargeable to tax at special rates in India as per DTAA A9b 10 Total Short-term Capital Gain (A1e+ A2c+ A3e+ A4a+ A4b+ A5e+ A6g+A7 + A8-A9a ) A10 B Long-term capital gain (LTCG) (Sub-items 6, 7& 8 are not applicable for residents) Long-term Capital Gains 1 From sale of land or building or both (fill up details separately for each property)(in case of co-ownership, enter your share of Capital Gain) Date of purchase/ acquisition DD/MM/YYYY Date of sale/transfer a i Full value of consideration i / i ai ii Value of property as per stamp valuation h i aii iii Full value of consideration adopted as per section 50C for the purpose of Capital Gains [in case (aii) does not exceed 1.10 times (ai), aiii b Deductions under section 48 i Cost of acquisition bi iia Cost of acquisition with indexation biia iib Total Cost of Improvement with indexation biib Cost of improvement Year of improvement Cost of Improvement with indexation Add row iii Expenditure wholly and exclusively in i i f biii iv Total (biia + biib + biii) bvi c Balance (aiii biv) 1c d Deduction under section 54D/54EC/54G/54GA (Specify details in item D below) 1d e Long-term Capital Gains on Immovable property (1c - 1d) B1ee e f In case of transfer of immovable property, please furnish the following details (see note) S.N o. Name of buyer(s) PAN/Aadhaar No. of buyer(s) Percentag e share Amount Addre ss of proper ty, Pin cod e St at e Furnishing of PAN/Aadhaar No. is mandatory, if the tax is deduced under section 194-IA or is quoted by buyer in the documents. In case of more than one buyer, please indicate the respective 2 From slump sale a i Fair market value as per Rule 11UAE(2) 2ai ii Fair market value as per Rule 11UAE(3) 2aii iii Full value of consideration (higher of ai or 2aii i b Net worth of the under taking or division 2b c Balance (2aiii 2b) 2c d Deduction u/s 54EC 2d e Long term capital gains from slump sale (2c-2d) B2e 3 From sale of bonds or debenture (other than capital indexed bonds issued by G ) a Full value of consideration 3a b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of improvement without indexation bii iii Expenditure wholly and exclusively in i i f biii iv Total (bi + bii +biii) biv c LTCG on bonds or debenture - (3a-biv) B3c 132 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] 4 From sale of listed securities (other than a unit) or zero coupon bonds where proviso under section 112(1) is applicable a Full value of consideration 4a b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of improvement without indexation bii iii Expenditure wholly and exclusively in i i h f biii iv Total (bi + bii +biii) biv c Long Term Capital Gains on assets at B4 (4a biv) 4c 5 From sale of equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112A Long-term Capital Gains on sale of capital assets at B5(Column 14 of h d l 112A) B5 6 For NON-RESIDENTS- from sale of shares or debenture of Indian company (to be computed with foreign exchange adjustment under first proviso to LTCG computed without indexation benefit B6 7 For NON-RESIDENTS- from sale of, (i) unlisted securities as per sec. 112(1)(c), (ii) units referred in sec. 115AB, (iii) bonds or GDR as referred in sec. 115AC, (iv) securities by FII as referred to in sec. 115AD a i In case securities sold include shares of a company other than quoted shares, enter the following details a Full value of consideration received/receivable in respect of ia b Fair market value of unquoted shares determined in the prescribed manner ib c Full value of consideration in respect of unquoted shares adopted as per section 50CA for the purpose of C it l G i (hi h f b) ic ii Full value of consideration in respect of securities other than unquoted shares aii iii Total (ic + ii) aiii b Deductions under section 48 i Cost of acquisition without indexation bi ii Cost of improvement without indexation bii iii Expenditure wholly and exclusively in i i f biii iv Total (bi + bii +biii) biv c Long-term Capital Gains on assets at 7 above in case of NON- S ( iii i ) B7c 8 For NON-RESIDENTS - From sale of equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under Long-term Capital Gains on sale of capital assets at B8 (Column 14 of 11 A (1)( )(iii) i ) B8 9 From sale of assets where B1 to B8 above are not applicable a i In case assets sold include shares of a company other than quoted shares, enter f i i a Full value of consideration received/receivable in respect of ia b Fair market value of unquoted shares determined in the prescribed ib c Full value of consideration in respect of unquoted shares adopted as per section 50CA for the purpose of ic ii Full value of consideration in respect of aii iii Total (ic + ii) aiii b Deductions under section 48 i Cost of acquisition with indexation bi ii Cost of improvement with indexation bii iii Expenditure wholly and exclusively in i i f biii iv Total (bi + bii +biii) biv c Balance (aiii biv) 9c d Deduction under section 54D//54G/54GA 9d [ II 3(i)] 133 e Long-term Capital Gains on assets at B9 above (9c- 9d) B9e 10 Amount deemed to be long-term capital gains a Whether any amount of unutilized capital gain on asset transferred during the previous year shown below was deposited in the Capital Gains Accounts Scheme within due date for that year? S.no Previous year in which asset transferred Section under which deduction claimed in New asset acquired/constructed Amount not used for new asset or remained unutilized in Capital gains account (X) Previous year in which asset acquired/construct ed Amount utilised out of Capital Gains account i 2020-21 54D/54G/54GA ii 2021-22 54D/54G/54GA iii 2022-23 54D/54G/54GA B Amount deemed to be long- Amount deemed to be long-term capital gains (Xi + Xii+ Xiii + b) B10 11 Pass Through Income/Loss in the nature of Long Term Capital Gain, (Fill up schedule PTI) (B11a1+11a2 + B11b) B11 a1 Pass Through Income/ Loss in the nature of Long-Term Capital Gain, chargeable @ 10% u/s 112A B11a 1 a2 Pass Through Income/Loss in the nature of Long Term Capital Gain, chargeable @ 10% B11a 2 b Pass Through Income/ Loss in the nature of Long Term Capital Gain, chargeable @ 20% B11b 12 Amount of LTCG included in items B1 to B11 but claimed as not chargeable to tax or chargeable at special rates in India as per DTAA Sl. No. Amount of income Item No. B1 to B11 above in which included Count ry name & Code Article of DTAA Rate as per Treaty (enter NIL, if not chargeable) Whet her TRC obtai ned (Y/N) Section of I.T. Act Rate as per I.T. Act Applic able rate [lower of (6) or (9)] (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) I II a Total amount of LTCG claimed as not chargeable to tax in India as per DTAA B12 b Total amount of LTCG claimed as chargeable to tax at special rates in India as B12 13 Total long term capital gain] [B1e + B2e + B3c + B4c + B5 + B6 + B7c + B8+ B9e+ B10+B11-12a] B13 C1 Sum of Capital Gain Incomes (9ii + 9iii + 9iv + 9v + 9vi + 9vii + 9viii of table E below) C1 C2 Income from transfer of Virtual Digital Assets (Item No. B of Schedule VDA) C2 C3 C3 D Information about deduction claimed against Capital Gains 1 In case of deduction u/s 54D/54EC /54G/54GA give following details a Deduction claimed u/s 54D i Date of acquisition of original asset ai dd/mm/yyyy ii Cost of purchase/ construction of new land or building for industrial undertaking aii iii Date of purchase of new land or building aiii dd/mm/yyyy iv Amount deposited in Capital Gains Accounts Scheme before d e date aiv iva Date of deposit Dd/mm/yyyy ivb Account Number ivc IFS code v Amount of deduction claimed av b Deduction claimed u/s 54EC 134 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] i Date of transfer of original asset bi dd/mm/yyyy ii Amount invested in specified/notified bonds (not e ceeding fift lakh r pees) bii iii Date of investment bii i dd/mm/yyyy iv Amount of deduction claimed bi v c Deduction claimed u/s 54G i Date of transfer of original asset ci dd/mm/yyyy ii Cost and expenses incurred for purchase or constr ction of ne asset cii iii Date of purchase/construction of new asset in an area other than rban area cii i dd/mm/yyyy iv Amount deposited in Capital Gains Accounts Scheme before d e date ci iva Date of deposit Dd/mm/yyyy ivb Account Number ivc IFS Code v Amount of deduction claimed cv d Deduction claimed u/s 54GA i Date of transfer of original asset from urban area di dd/mm/yyyy ii Cost and expenses incurred for purchase or constr ction of ne asset dii iii Date of purchase/construction of new asset in SEZ dii i dd/mm/yyyy iv Amount deposited in Capital Gains Accounts Scheme before due date di v iva Date of deposit Dd/mm/yyyy ivb Account Number ivc IFS Code v Amount of deduction claimed dv e Total deduction claimed (1a + 1b + 1c + 1d) E e ESet-off of current year capital losses with current year capital gains (excluding amounts included in A9a & B12a which is NOT chargeable under DTAA) Sl. Type of Capital Gain Gain of current year (Fill this column only if computed figure is Short term capital loss set off Long term capital loss set off gains remaining after set off 15% 30% applicable rate DTAA rates 10% 20% DTAA rates 1 2 3 4 5 6 7 8 9 i Loss to be set off (Fill this row if figure computed is negative) (A3e*+ A4a*+ A8a *) (A5e*+ A8b*) (A1e*+ A2c*+A4b*+A6 g* +A7*+A8c* ) A9b (B4c*+ B5*+ B7c*+ B8* B9e* B11a1*+ B11a2* ) (B1e*+ B2e*+B3c*+B6*+B9 e*+ B10*+ B11b*) B12b ii Short term capital gain 15% (A3e*+ A4a*+ A8a *) iii 30% (A5e*+ A8b*) iv applicabl e rate (A1e*+ A2c*+A4b*+A6g* +A7*+A8c* ) v DTAA rates A9b vi Long term capital gain 10% (B4c*+ B5*+ B7c*+ B8*+ B9e B11a1*+B11a2* ) vii 20% (B1e*+ B2e*+B3c*+B6*+B9e* + B10*+ B11b*) viii DTAA rates B12b ix Total loss set off (ii + iii + iv + v + vi + vii + viii) x Loss remaining after set off (i-ix) The figures of STCG in this table (A1e* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG not chargeable to tax or chargeable at special rates as per DTAA, which is included therein, if any. [ II 3(i)] 135 The figures of LTCG in this table (B1e* etc.) are the amounts of LTCG computed in respective column (B1-B11) as reduced by the amount of LTCG not chargeable to tax or chargeable at special rates as per DTAA, which is included therein, if any. FInformation about accrual/receipt of capital gain Type of Capital gain / Date Upto 15/6 (i) 16/6 to 15/9 (ii) 16/9 to 15/12 (iii) 16/12 to 15/3 (iv) 16/3 to 31/3 (v) 1 Short-term capital gains taxable at the rate of 15% Enter value from item 5vi of schedule BFLA, if any. 2 Short-term capital gains taxable at the rate of 30% Enter value from item 5vii of schedule BFLA, if any. 3 Short-term capital gains taxable at applicable rates Enter value from item 5viii of schedule BFLA, if any. 4 Short-term capital gains taxable at DTAA rates Enter value from item 5ix of schedule BFLA, if any. 5 Long- term capital gains taxable at the rate of 10% Enter value from item 5x of schedule BFLA, if any. 6 Long- term capital gains taxable at the rate of 20% Enter value from item 5xi of schedule BFLA, if any. 7 Long- term capital gains taxable at the rate DTAA rates Enter value from item 5xii of schedule BFLA, if any. 8 Capital gains on transfer of Virtual Digital Asset taxable at the rate of 30% Enter value from item 15B of schedule SI, if any Schedule 112A From sale of equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112A S. N o. Share/U nit Acquire d ISI N Co de Name of the Share/ Unit No. of Shares/ Units Sale- price per Share/ Unit Full Value Consider ation -If shares are acquired on or before 31.01.20 18 (Total Sale Value) (4*5) - If shares are Acquire d after 31st January, 2018 - Please enter Full Value of Consider ation Cost of acquisi tion withou t indexa tion (highe r of 8 or 9) Cost of acquisi tion If the long term capital asset was acquir ed before 01.02.2 018, - Lower of 11 and 6 Fair Market Value per share/un it as on 31st January ,2018 Total Fair Mark et Value of capita l asset as per sectio n 55(2)( ac)- (4*10 ) Expend iture wholly and exclusiv ely in connect ion with transfe r Total deduct ions (7+12) Bala nce (6- 13) - Item 5 of LTC G Sche dule of ITR6 (C ol 1) (Col 1a) (C ol 2) (Col 3) (Col 4) (Col 5) (Col 6) (Col 7) (Col 8) (Col 9) (Col 10) (Col 11) (Col 12) (Col 13) (Col 14) 1 2 Add rows Total Schedule 115AD(1)(b)(iiii)-Proviso From sale of equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112A 136 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] S. No. Share/U nit Acquire d ISIN Code Name of the Share/ Unit No. of Shares/ Units Sale- price per Share/ Unit Full Value Consider ation -If shares are acquired on or before 31.01.20 18 (Total Sale Value )(4*5) -If shares are Acquire d after 31st January 2018 - Please enter Full Value of Consider ation. Cost of acquis ition witho ut indexa tion (highe r of 8 or 9) Cost of acquis ition If the long term capital asset was acquir ed before 01.02. 2018, - Lower of 11 and 6 Fair Market Value per share/u nit as on 31st January ,2018 Total Fair Mark et Value of capit al asset as per sectio n 55(2)( ac)- (4*10 ) Expend iture wholly and exclusi vely in connect ion with transfe r Total deduct ions (7+12) Bala nce (6- 13) - Item 8 of LTC G Sche dule of ITR6 (Co l 1) (Col 1a) (Col 2) (Col 3) (Col 4) (Col 5) (Col 6) (Col 7) (Col 8) (Col 9) (Col 10) (Col 11) (Col 12) (Col 13) (Col 14) Add rows Total Schedule VDA Income from transfer of Virtual Digital Assets Sl. No. Date of Acquisition Date of Transfer Head under which income to be taxed (Business/Capital Gain) Cost of Acquisition (In case of gift; a. Enter the amount on which tax is paid u/s 56(2)(x) if any b. In any other case cost to previous owner) Consideration Received Income from transfer of Virtual Digital Assets (enter nil in case of loss) (Col. 6 Col. 5) (Col. 1) (Col. 2) (Col. 3) (Col. 4) (Col. 5) (Col. 6) (Col. 7) Add Rows A. Total (Sum of all Positive Incomes of Business Income in Col. 7) (Item No. 3f of Schedule BP) B. Total (Sum of all Positive Incomes of Capital Gain in Col. 7) (Item No. C2 of Schedule CG) Schedule OS Income from other sources OTHER SOURCES 1 Gross income chargeable to tax at normal applicable rates (1a+ 1b+ 1c+ 1d + 1e) 1 a Dividends, Gross 1a i Dividend income other than (ii) ai ii Dividend income u/s 2(22)(e) aii b Interest, Gross (bi + bii + biii + biv+bv) 1b i From Savings Bank bi ii From Deposits (Bank/ Post Office/ Co-operative) Society) bii iii From Income-tax Refund biii iv In the nature of Pass through income/Loss biv v Others bv c Rental income from machinery, plants, buildings, etc., Gross 1c d Income of the nature referred to in section 56(2)(x) which is chargeable to tax (di + dii + diii + div + dv) 1d [ II 3(i)] 137 i Aggregate value of sum of money received without consideration di ii In case immovable property is received without consideration, stamp duty value of property dii iii In case immovable property is received for inadequate consideration, stamp duty value of property in excess of such consideration diii iv In case any other property is received without consideration, fair market value of property div v In case any other property is received for inadequate consideration, fair market value of property in excess of such consideration Dv 1e Any other income (please specify nature) Sl. No Nature Amount 1 Any specified sum received by a unit holder from a business trust during the previous year as referred to in section 56(2)(xii) 1 Add rows 2 Income chargeable at special rates (2ai + 2aii + 2b+ 2c+ 2d + 2e related to sl.no.1) 2 ai Winnings from lotteries, crossword puzzles, races, card games etc. chargeable u/s 115BB 2ai aii Income by way of winnings from online games chargeable u/s 115BBJ 2aii b Income chargeable u/s 115BBE (bi + bii + biii + biv+ bv + bvi) 2b i Cash credits u/s 68 bi ii Unexplained investments u/s 69 bii iii Unexplained money etc. u/s 69A biii iv Undisclosed investments etc. u/s 69B biv v Unexplained expenditure etc. u/s 69C bv vi Amount borrowed or repaid on hundi u/s 69D bvi c Any other income chargeable at special rate (total of ci to cxxiii) 2c i Dividends received by foreign company chargeable u/s 115A(1)(a)(i) other than proviso to Section 115A(1)(a)(A) ci ia Dividend received by non-resident (Not being company) or foreign company from a unit in an International Financial Services Centre, as referred to in sub-section (1A) of section 80LA chargeable under proviso to section 115A(1)(a)(A) cia ii Interest received from Government or Indian concern on foreign currency debts chargeable u/s 115A(1)(a)(ii) cii iii Interest received from Infrastructure Debt Fund chargeable u/s 115A(1)(a)(iia) ciii iv Interest referred to in section 194LC(1) - chargeable u/s 115A(1)(a)(iiaa) @ 5% civ v Interest referred to in Proviso to section 194LC(1) - chargeable u/s 115A(1)(a)(iiaa) @ 4% cv vi Interest referred to in section 194LD - chargeable u/s 115A(1)(a)(iiab) cvi vii Distributed income being interest referred to in section 194LBA - chargeable u/s 115A(1)(a)(iiac) cvii viii Income from units of UTI or other Mutual Funds specified in section 10(23D), purchased in Foreign Currency - chargeable u/s 115A(1)(a)(iii) cviii ix Income from royalty or fees for technical services received from Government or Indian concern - chargeable u/s 115A(1)(b)(A) & 115(1)(b)(B) cix x Income by way of interest from bonds purchased in foreign currency by non-residents - chargeable u/s 115AC cx xi Income by way of dividend from GDRs purchased in foreign currency by non-residents - chargeable u/s 115AC cxi xii Income received in respect of units purchased in foreign currency by an off-shore fund-115AB(1) cxii xiii Income (other than dividend) received by an FII in respect of securities (other than units referred to in section 115AB) - chargeable u/s 115AD(1)(i) cxiii xiv Income by way of interest received by an FII on bonds or Government securities referred to in section 194LD chargeable as per proviso to section 115AD(1)(i) cxiv xv Income received by non-residents sportsmen or sports associations chargeable u/s 115BBA cxv 138 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] xvi Anonymous Donations in certain cases chargeable u/s 115BBC cxvi xvii Income by way of royalty from patent developed and registered in India - chargeable u/s 115BBF cxvii xviii Income by way of transfer of carbon credits - chargeable u/s 115BBG cxviii xix Income from royalty where agreement entered between 31.3.1961 to 31.3.1976 and income from fees for technical services where agreement entered between 29.2.1964 and 31.3.1976, and agreement is approved by the Central Government. Paragraph EII of Part I of first schedule of Finance Act cxix xx Income being dividend received by an FII in respect of securities (other than units referred to in section 115AB) - chargeable u/s 115AD(1)(i) cxx xxi Income being dividend received by a specified fund in respect of securities (other than units referred to in section 115AB) - chargeable u/s 115AD(1)(i) cxxi xxii Income (other than dividend) received by a specified fund in respect of securities (other than units referred to in section 115AB) - chargeable u/s 115AD(1)(i) cxxii d Pass through income in the nature of income from other sources claimed as chargeable at special rates (drop down to be provided) 2d e Amount included in 1 and 2 above, which claimed as is chargeable at special rates in India as per DTAA (total of column (2) of table below) 2e Sl. No. Amount of income Item No. 1ai,1b to 1 d 2a , 2c & 2d in which included Country name & Code Article of DTAA Rate as per Treaty (enter NIL, if not chargeable) Whether TRC obtained (Y/N) Section of I.T. Act Rate as per I.T. Act Applicable rate [lower of (6) or (9)] (1) (2) (3) (3a) (4) (5) (6) (7) (8) (9) (10) I II 3 Deductions under section 57 (other than those relating to income chargeable at special rates under 2a, 2b ,2c & 2d ) a Expenses / Deductions (Other than entered in C) 3a b Depreciation (available only if income offered in 1c ) 3b c Interest expenditure on dividend u/s 57(1) (only if income offered in 1a) 3c ci Eligible Interest expenditure u/s 57(1) computed value 3ci d Total 3d 4 Amounts not deductible u/s 58 4 5 Profits chargeable to tax u/s 59 5 6 Net Income from other sources chargeable at normal applicable rates [1(after reducing income related to DTAA portion) 3 + 4 + 5) (If negative take the figure to 4i of schedule CYLA)] 6 7 Income from other sources (other than from owning and maintaining race horses) (2 +6 )) (enter 6 as nil, if negative) 7 8 Income from the activity of owning race horses a Receipts 8a b Deductions under section 57 in relation to receipts at 8a only 8b c Amounts not deductible u/s 58 8c d Profits chargeable to tax u/s 59 8d e Balance (8a - 8b + 8c + 8d) (if negative take the figure to 11xvii of Schedule CFL) 8e 9 (take 8e as nil if negative) 9 10 Information about accrual/receipt of income from Other Sources S. No. Other Source Income Upto 15/6 From 16/6 to 15/9 From 16/9 to 15/12 From 16/12 to 15/3 From 16/3 to 31/3 (i) (ii) (iii) (iv) (v) 1 Winnings from lotteries, crossword puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix) 2 Income by way of winnings from online games u/s 115BBJ 3 Dividend Income referred in 1a(i) [ II 3(i)] 139 4 Dividend Income u/s 115A(1)(a)(i) other than proviso to section 115A(1)(a)(A) @ 20% (Including PTI Income) 5 Dividend income under proviso to sec 115A(1)(a)(A) @10% (Including PTI Income) 6 Dividend Income u/s 115AC @ 10% (Including PTI Income) 7 Dividend Income (other than units referred to in section 115AB) received by a FII u/s 115AD(1)(i) @ 20% (Including PTI Income) 8 Dividend Income (other than units referred to in section 115AB) received by a specified fund u/s 115AD(1)(i) @ 10% (Including PTI Income) 9 Dividend income chargeable at DTAA Rates Schedule CYLA Details of Income after Set off of current year losses CURRENT YEAR LOSS ADJUSTMENT Sl. No Head/ Source of Income Income of current year (Fill this column only if income is zero or positive) House property loss of the current year set off Business Loss (other than speculation or specified business loss) of the current year set off Other sources loss (other than loss from race horses and amount chargeable to special rate of tax) of the current year set off Current Income remaining after set off 1 2 3 4 5=1-2-3-4 i Loss to be set off (Fill this row only, if computed figure is negative) (3 of Schedule HP) (2vi of item Eof Schedule BP) (6 of Schedule-OS) ii House property ( 3 of Schedule HP) iii Business (excluding Income from life insurance business u/s 115B speculation income and income from specified business) ( A38 of Schedule BP) iv Income from life insurance business u/s 115B (3iv of item E of Sch. BP) v Speculation income (3ii of item E of Sch. BP) vi Specified business income u/s 35AD (3iii of item E of Sch. BP) vii Short-term capital gain taxable @ 15% (9ii of item E of Schedule CG) viii Short-term capital gain taxable @ 30% ( 9iii of item E of Schedule CG) ix Short-term capital gain taxable at applicable rates ( 9iv of item E of Schedule CG) x Short-term capital gain taxable at special rates in India as per DTAA (9v of item E of Schedule CG) xi Long term capital gain taxable @ 10% (9vi of item E of Schedule CG) xii Long term capital gain taxable @ 20% (9vii of item E of Schedule CG) xiii Long term capital gains taxable at special rates in India as per DTAA (9viii of item E of schedule CG) xiv Net income from other sources chargeable at normal applicable rates ( 6 of Schedule OS) 140 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] xv Profit from the activity of owning and maintaining race horses ( 8e of Schedule OS) xvi Income from other sources taxable at special rates in India as per DTAA (2e of Schedule OS) xvii Total loss set off xvii i Loss remaining after set-off (i xvii) Schedule BFLA Details of Income after Set off of Brought Forward Losses of earlier years BROUGHT FORWARD LOSS ADJUSTMENT Sl. No. Head/ Source of Income Income after set off, if any, of current 5 of Schedule CYLA) Brought forward loss set off Brought forward depreciation set off Brought forward allowance under section 35(4) set off Current income remaining after set off 1 2 3 4 5 i House property (5ii of Schedule CYLA) (B/f house property loss) ii Business (excluding Income from Insurance Business , speculation income and income from specified business) (5iii of Schedule CYLA) (B/f business loss, other than speculation or specified business loss) (Note: B/F loss set off will be restricted to business income excluding income u/s 44BB & 44BBB) (Note: B/F depreciation set off will be restricted to business income excluding income u/s 44BB & 44BBB) iii Profit and gains from life insurance business u/s 115B (5iv of Schedule CYLA) (B/f business loss, other than speculation or specified business loss) iv Speculation Income (5v of Schedule CYLA) (B/f normal business or speculation loss) v Specified Business Income (5vi of Schedule CYLA) (B/f normal business or specified business loss) vi Short-term capital gain taxable @ 15% (5vii of Schedule CYLA) (B/f short-term capital loss) vii Short-term capital gain taxable @ 30% ( 5viii of Schedule CYLA) (B/f short-term capital loss) viii Short-term capital gain taxable at applicable rates (5ix of Schedule CYLA) (B/f short-term capital loss) ix Short-term capital gain taxable at special rates in India as per DTAA (5x of Schedule CYLA) (B/f short-term capital loss) x Long-term capital gain taxable @ 10% (5xi of Schedule CYLA) (B/f short-term or long-term capital loss) xi Long term capital gain taxable @ 20% ( 5xii of Schedule CYLA) (B/f short-term or long-term capital loss) xii Long term capital gains taxable at special rates in India as per DTAA (5xiii of Schedule CYLA) (B/f short-term or long-term capital loss) xiii Net income from other sources chargeable at normal applicable rates (5xiv of Schedule CYLA) xiv Profit from owning and maintaining race horses (5xv of Schedule CYLA) (B/f loss from horse races) xv Income from other sources income taxable at special rates in India as per DTAA (5xvi of Schedule CYLA) xvi Total of brought forward loss set off [ II 3(i)] 141 xvii 5xi +5xii+5xiii+ 5xiv + 5xv) Schedule CFL Details of Losses to be carried forward to future years CARRY FORWARD OF LOSS S. No. Assessmen t Year Date of Filing (DD/MM/YYY Y) House propert y loss Loss from business other than loss from speculative business and specified business Loss from speculati ve business Loss from specifie d busines s Loss from life insuranc e business u/s 115B Short-term capital loss Long- term Capital loss Loss from owning and maintaini ng race horses Brough t forwar d busines s loss Amount as adjusted o n account of opting for taxation section 115BAA Brought forward Business loss available for set off durin g the year 1 2 3 4 5a 5b 5c=5a- 5b 6 7 8 9 10 11 i 2010-11 ii 2011-12 iii 2012-13 iv 2013-14 v 2014-15 vi 2015-16 vii 2016-17 viii 2017-18 ix 2018-19 x 2019-20 xi 2020-21 xii 2021-22 xiii 2022-23 xiv 2023-24 xv Total of earlier year losses b/f xvi Adjustme nt of above losses in Schedule BFLA (2i of Schedul e BFLA) (2ii of Schedule BFLA) (2iv of Schedule BFLA) (2v of Schedul e BFLA) (2iii of Schedule BFLA) (2xiv of Schedule BFLA) xvii 2024-25 (Current year losses) (2xviii of Schedul e CYLA) (3xviii of Schedule CYLA) (B43 of Schedule BP, if ve) (C49 of Schedul e BP, if ve) 4b of Schedule BP, (if ve) (2x+3x+4x+5 x) of item E of Schedule CG) (6x+7x+8 x) of item E of Schedule CG (8e of Schedule OS, if ve) xvii i Current year loss distribute d among the unit- holder (Applicabl e for Investmen t fund only) xix Current year losses to be carried forward (xvii-xviii) 142 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] xx Total loss Carried forward to future years (xv- xvi+xix) Schedule UD Unabsorbed depreciation and allowance under section 35(4) Sl No Assessment Year Depreciation Allowance under section 35(4) Amount of brought forward unabsorbed depreciation Amount as adjusted on account of opting for taxation section 115BAA Amount of depreciation set-off against the current year income Balance carried forward to the next year Amount of brought forward unabsorbed allowance Amount of allowance set-off against the current year income Balance Carried forward to the next year (1) (2) (3) (3a) (4) (5) (6) (7) (8) i Current Assessment Year ii iii iv Total (3xvi of BFLA) ( 4xvi of BFLA) Schedule ICDS Effect of Income Computation Disclosure Standards on profit Sl. No. ICDS Increase in Profit (Rs.) Decrease in profit (Rs.) Net Effect (Rs.) (1) (2) (3) (4) (5) I Accounting Policies II Valuation of Inventories (other than the effect of change in method of valuation u/s 145A, if the same is separately reported at col. 4d or 4e of Part A-OI) III Construction Contracts IV Revenue Recognition V Tangible Fixed Assets VI Changes in Foreign Exchange Rates VII Government Grants VIII Securities (other than the effect of change in method of valuation u/s 145A, if the same is separately reported at col. 4d or 4e of Part A-OI) IX Borrowing Costs X Provisions, Contingent Liabilities and Contingent Assets XI Total effect of ICDS adjustments on profit (I+II+III+IV+V+VI+VII+VIII+IX+X) Schedule 10AA Deduction under section 10AA DEDUCTION U/S 10AA Deductions in respect of units located in Special Economic Zone Sl Undertaking Assessment year in which unit begins to manufacture/produce/provide services Sl Amount of deduction a Undertaking No.1 a (item 17 of Annexure A of Form 56F for Undertaking 1) b Undertaking No.2 b (item 17 of Annexure A of Form 56F for Undertaking 2) c Total deduction under section 10AA (a+b) c Schedule 80G Details of donations entitled for deduction under section 80G DETAILS OF DONATIONS A Donations entitled for 100% deduction without qualifying limit Name and address of donee PAN of Donee Amount of donation Eligible Amount of donation i Donation in cash Donation in other mode Total Donation ii iii [ II 3(i)] 143 iv Total B Donations entitled for 50% deduction without qualifying limit Name and address of donee PAN of Donee Amount of donation Eligible Amount of donation i Donation in cash Donation in other mode Total Donation ii iii iv Total C Donations entitled for 100% deduction subject to qualifying limit Name and address of donee PAN of Donee Amount of donation Eligible Amount of donation i Donation in cash Donation in other mode Total Donation ii iii iv Total D Donations entitled for 50% deduction subject to qualifying limit Name and address of donee PAN of Donee ARN (Donation Reference Number) Amount of donation Eligible Amount of donation i Donation in cash Donation in other mode Total Donation ii iii iv Total E Total donations (Aiv + Biv + Civ + Div) Schedule 80GGA Details of donations for scientific research or rural development S. No. Relevant clause under which deduction is claimed (drop down to be provided) Name and address of donee PAN of Donee Amount of donation Eligible Amount of donation Donation in cash Donation in other mode Total Donation i ii Total donation Schedule 80GGC Details of contributions made to political parties S. No. Date Amount of contribution Eligible amount of contribution Transaction Reference number for UPI transfer or Cheque number/IMPS/NEFT/RTGS IFS code of Bank Contribution in cash Contribution in other mode Total Contribution i (add rows) Total contribution Schedule 80IAC Deduction in respect of eligible start- Sl. No. Date of incorporation of Startup Nature of business Certificate number as obtained from Inter Ministerial Board of Certification First AY in which deduction was claimed Amount of deduction claimed for current AY (1) (2) (3) (4) (5) (6) Schedule 80LA Deduction in respect of offshore banking unit or IFSC 144 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] Schedule RA Details of donations to research associations etc. [deduction under sections 35(1)(ii) or 35(1)(iia) or 35(1)(iii) or 35(2AA)] Name and address of donee PAN of Donee Amount of donation Eligible Amount of donation Donation in cash Donation in other mode Total Donation i ii iii Total Schedule 80-IA Deductions under section 80-IA DEDUCTION U/S 80-IA a Deduction in respect of profits of an enterprise referred to in section 80-IA(4)(i) [Infrastructure facility] a1 Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) a2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) b Deduction in respect of profits of an undertaking referred to in section 80-IA(4)(iv) [Power] b1 Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) b2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) c Deduction in respect of profits of an undertaking referred to in section 80-IA(4)(v) [Revival of power generating plant] c1 Undertaking no. 1 (item 30 of Form 10CCB of the undertaking) c2 Undertaking no. 2 (item 30 of Form 10CCB of the undertaking) d Total deductions under section 80-IA (a1 + a2 + b1 + b2 + c1+ c2) d Schedule 80-IB Deductions under section 80-IB a Deduction in the case of undertaking which begins commercial production or refining of mineral oil [Section 80-IB(9)] a1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) a2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) b Deduction in the case of an undertaking developing and building housing projects [Section 80-IB(10)] b1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) b2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) c Deduction in the case of an undertaking engaged in processing, preservation and packaging of fruits, vegetables, meat, meat products, poultry, marine or dairy products [Section 80-IB(11A)] c1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) c2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) d Deduction in the case of an undertaking engaged in integrated business of handling, storage and transportation of food grains [Section 80-IB(11A)] d1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) d2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) e Total deduction under section 80-IB (Total of a1 to d2) g Sub-section in which deduction is claimed Sl. No. Type of entity Type of income of the unit Authority granting registration Date of registration Registration number First AY during which deduction is claimed Amount of deduction claimed for current AY (1) (2) (3) (4) (5) (6) (7) (8) (add row option to be provided) Total [ II 3(i)] 145 Schedule 80-IC or 80-IE Deductions under section 80-IC or 80-IE DEDUCTION U/S 80-IC a Deduction in respect of undertaking located in Sikkim a1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) a2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) b Deduction in respect of undertaking located in Himachal Pradesh b1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) b2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) c Deduction in respect of undertaking located in Uttaranchal c1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) c1 Undertaking no. 2 (30 of Form 10CCB of the undertaking) d Deduction in respect of undertaking located in North-East da Assam da1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) da2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) db Arunachal Pradesh db1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) db2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) dc Manipur dc1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) dc2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) dd Mizoram dd1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) dd2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) de Meghalaya de1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) de2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) df Nagaland df1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) df2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) dg Tripura dg1 Undertaking no. 1 (30 of Form 10CCB of the undertaking) dg2 Undertaking no. 2 (30 of Form 10CCB of the undertaking) dh Total deduction for undertakings located in North-east (total of da1 to dg2) dh e Total deduction under section 80-IC or 80-IE (a + d + c + dh) e Schedule VI-A Deductions under Chapter VI-A TOTAL DEDUCTIONS 1 Part B- Deduction in respect of certain payments a 80G b 80GGB c 80GGA d 80GGC Total Deduction under Part B (a + b + c +d) 1 2 Part C- Deduction in respect of certain incomes e 80-IA (d of Schedule 80-IA) f 80-IAB g 80-IAC (7 of Schedule 80-IAC) h 80-IB ( e of Schedule 80-IB) i 80-IBA j 80-IC/ 80-IE (e of Schedule 80-IC/ 80-IE) k 80JJA l 80JJAA [Sl.no. 5I(eiv) +5II of Annexure to Form 10DA] m 80LA(1) (9 of Schedule 80-LA) n 80LA(1A) ( 9 of Schedule 80-LA) o 80M- Details of distribution of dividend as provided in e-filing utility p 80-PA Total Deduction under Part C (total of e to p) 2 3 Total deductions under Chapter VI-A (1 + 2) 3 146 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] Schedule SI Income chargeable to tax at special rates [Please see instructions) for section and rate of tax] SPECIAL RATE Sl No Section/Description Special rate (%) Income (i) Tax thereon (ii) 1 111A or section 115AD(1)(b)(ii)- Proviso (STCG on shares/equity oriented MF on which STT paid) 15 (5vi of Schedule BFLA) 2 115AD (STCG for FIIs on securities where STT not paid) 30 (part of 5vii of Schedule BFLA) 3 112 proviso (LTCG on listed securities/ units without indexation) 10 (part of 5xof Schedule BFLA) 4 112(1)(c)(iii) (LTCG for non-resident on unlisted securities) 10 (part of 5x of Schedule BFLA) 5 115AB (LTCG for non-resident on units referred in section115AB) 10 (part of 5x of Schedule BFLA) 6 115AC (LTCG for non-resident on bonds/GDR) 10 (part of 5x of Schedule BFLA) 7 115AD (LTCG for FII on securities) 10 (part of 5x of Schedule BFLA) 8 112 (LTCG on others) 20 (5xi of Schedule BFLA) 9 112A (LTCG on sale of shares or units on which STT is paid) or section 115AD(1)(b)(iii)-Proviso 10 (5x) of Schedule BFLA) 10 STCG chargeable at special rates in India as per DTAA (part of 5ix of Schedule BFLA) 11 LTCG Chargeable at special rates in India as per DTAA (part of 5xii of Schedule BFLA) 12 115B (Profits and gains of life insurance business 12.50 (5iii of Schedule BFLA) 13a 115AC ((Income by way of interest received by non-resident from bonds purchased in foreign currency) 10 (part of 2cx of Schedule OS) 13b 115AC (Income by way of Dividend received by non-resident on GDR purchased in foreign currency) 10 (part of 2cxi of Schedule OS) 14 115BB (Winnings from lotteries, puzzles, races, games etc.) 30 (2a of Schedule OS) 15 115BBJ (Winnings from online games) 30 (2ab of Schedule OS) 16 115BBH- Tax on Income from Virtual Digital asset A Income under head business or profession 30 (3f of Schedule BP) B Income under head Capital Gain 30 (C2 of Schedule CG) 17 115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D) 60 (2b of Schedule OS) 18 115A(1)(b)(A) & 115A(1)(b)(B)(Income of a foreign company from Royalty & Fees for Technical Services ) 10 (part of 2cxix of Schedule OS) 19 115BBF ( Income from patent) a Income under head business or profession 10 (3d of Schedule BP) b Income under head other sources 10 (2cxvii of Schedule OS) 20 115BBG (Income from transfer of carbon credits) a Income under head business or profession 10 (3e of Schedule BP) b Income under head other sources 10 (2cxviii of Schedule OS) 21 Income from other sources chargeable at special rates in India as per DTAA (part of 2e of Schedule OS) 22 Pass Through Income in the nature of Short Term Capital Gain chargeable @ 15% 15 (part of 5vi of Schedule BFLA) 23 Pass Through Income in the nature of Short Term Capital Gain chargeable @ 30% 30 (part of 5vii of Schedule BFLA) 24 Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10% u/s 112A 10 (part of 5x of Schedule BFLA) 25 Pass Through Income in the nature of Long Term Capital Gain chargeable @ 20% 20 (part of 5xi of Schedule BFLA) 26 Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10% other than section 112A 10 (part of 5x of Schedule BFLA) 27 Pass through income in the nature of income from other source chargeable at special rates (Drop down to be provided in e-filing utility) (2d of Schedule OS) 28 Income received in respect of units purchased in foreign currency by an off-shore fund-115AB(1) 10 (2cx of Schedule OS) 29 Income from royalty where agreement entered between 31.3.1961 to 31.3.1976 and income from fees for technical services where agreement entered between 29.2.1964 and 31.3.1976, and agreement is approved by the Central Government. Paragraph EII of Part I of first schedule of Finance Act 50 (2cxix of Schedule OS) 30 Any other income chargeable at special rate (Drop down to be provided in e-filing utility) (part of 2c of Schedule OS) Total [ II 3(i)] 147 Schedule IF Information regarding investment in unincorporated entities ENTTIES IN WHICH INVESTMENT IS HELD Number of entities in which investment is held Sl. No. Name of the entity Type of the entity PAN of the entity Whether the entity is liable for audit? (Yes/No) Whether section 92E is applicable to entity? (Yes/ No) Percentage Share in the profit of the entity Amount of share in the profit Capital balance on 31st March in the entity i ii 1 2 3 4 Total Schedule EI Details of Exempt Income (Income not to be included in Total Income or not chargeable to tax) EXEMPT INCOME 1 Interest income 1 2 i Gross Agricultural receipts (other than income to be excluded under rule 7A, 7B or 8 of I.T. Rules) i ii Expenditure incurred on agriculture ii iii Unabsorbed agricultural loss of previous eight assessment years iii iv Agricultural income portion relating to Rule 7, 7A, 7B(1), 7B(1A) and 8 (from Sl. No. 39 of Sch. BP) iv v Net Agricultural income for the year (i ii iii + iv) (enter nil if loss) 2 vi In case the net agricultural income for the year exceeds Rs.5 lakh, please furnish the following details (Fill up details separately for each agricultural land) a Name of district along with pin code in which agricultural land is located b Measurement of agricultural land in Acre c Whether the agricultural land is owned or held on lease (drop down to be provided) d Whether the agricultural land is irrigated or rain-fed (drop down to be provided) 3 Other exempt income (please specify) (3a+3b) 3 a Income u/s 10(23FB), 10(23FBA), 10(23FC), 10(23FCA), 10(23FE), 10(23FF), 10(4D) (Please provide details of Acknowledgement Number and Date of Form Filed if 10(23FF) and 10(4D) is claimed) Add row option and dropdown to be provided in utility 3a b Any other Income (Specify nature ) Add row option to be provided in utility 3b 4 Income claimed as not chargeable to tax as per DTAA Sl. No. Amount of income Nature of income Country name & Code Article of DTAA Head of Income Whether TRC obtained (Y/N) 5 Pass through income claimed as not chargeable to tax (Schedule PTI) 5 6 Total (1+2+3+4+5) 6 Schedule PTI Pass Through Income details from business trust or investment fund as per section 115UA, 115UB PASS THROUGH INCOME S.No Invested in section 115UA/115UB Name of business trust/ investment fund PAN of the business trust/ investment fund S.No Head of income Current year income Share of Current year loss distributed by Investment fund Net Income/ Loss 9=7-8 TDS on such amount, if any (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 1. (drop down to be provided) i House property ii Capital Gains A Short term Ai Section 111A Aii Others B Long term Bi Section 112A Bii Section other than 112A iii Other Sources A Dividend B Others iv Income claimed to be exempt A u/s 10(23FBB) B u/s 148 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] C u/s 2. i House property ii Capital Gains a Short term ai Section 111A aii Others b Long term bi Section 112A bii Other than 112A iii Other Sources a Dividend b Others iv Income claimed to be exempt a u/s 10(23FBB) b u/s c u/s Please refer to the instructions for filling out this schedule. Schedule MAT Computation of Minimum Alternate Tax payable under section 115JB Minimum Alternate Tax 1 Whether the Profit and Loss Account is prepared in accordance with the provisions of Parts II of 2 If 1 is no, whether profit and loss account is prepared in accordance with the provisions of the Act 3 Whether, for the Profit and Loss Account referred to in item 1 above, the same accounting policies, accounting standards and same method and rates for calculating depreciation have been followed as have been adopted for preparing accounts laid before the company at its annual general body 4 Profit after tax as shown in the Profit and Loss Account (enter item 56 of Part A-P&L) )/ (enter item 56 of Part A- P&L Ind AS) (as applicable) 4 5 Additions (if debited in profit and loss account) a Income-tax paid or payable or its provision including the amount of deferred tax and the provision thereof 5a b Reserve (except reserve under section 33AC) 5b c Provisions for unascertained liability 5c d Provisions for losses of subsidiary companies 5d e Dividend paid or proposed 5e f Expenditure related to exempt income under sections 10, 11 or 12 [exempt income excludes income exempt under section 10(38)] 5f g Expenditure related to share in income of AOP/ BOI on which no income-tax is payable as per section 86 5g h Expenditure in case of foreign company referred to in clause (fb) of explanation 1 to section 115JB 5h i Notional loss on transfer of certain capital assets or units referred to in clause (fc) of explanation 1 to section 115JB 5i j Expenditure relatable to income by way of royalty in respect of patent chargeable to tax u/s 115BBF 5j k Depreciation attributable to revaluation of assets 5k l Gain on transfer of units referred to in clause (k) of explanation 1 to section 115JB 5l m Others (including residual unadjusted items and provision for diminution in the value of any asset) 5m n Total additions (5a+5b+5c+5d+5e+5f+5g+5h+5i+5j+5k+5l+5m) 5n 6 Deductions a Amount withdrawn from reserve or provisions if credited to Profit and Loss account 6a b Income exempt under sections 10, 11 or 12 [exempt income excludes income exempt under section 10(38)] 6b c Amount withdrawn from revaluation reserve and credited to profit and loss account to the extent it does not exceed the amount of depreciation attributable to revaluation of asset 6c d Share in income of AOP/ BOI on which no income- tax is payable as per section 86 credited to Profit and Loss account 6d [ II 3(i)] 149 e Income in case of foreign company referred to in clause (iid) of explanation 1 to section 115JB 6e f Notional gain on transfer of certain capital assets or units referred to in clause (iie) of explanation 1 to section 115JB 6f g Loss on transfer of units referred to in clause (iif) of explanation 1 to section 115JB 6g h Income by way of royalty referred to in clause (iig) of explanation 1 to section 115JB 6h i Loss brought forward or unabsorbed depreciation whichever is less or both as may be applicable 6i j Profit of sick industrial company till net worth is equal to or exceeds accumulated losses 6j k Others (including residual unadjusted items and the amount of deferred tax credited to P&L A/c) 6k l Total deductions (6a+6b+6c+6d+6e+6f+6g+6h+6i+6j+6k) 6l 7 Book profit under section 115JB (4+ 5n 6l) 7 8 Whether the financial statements of the company are drawn up in compliance to the Indian Accounting Standards (Ind-AS) specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015. If yes, furnish the details below:- Yes No A. Additions to book profit under sub-sections (2A) to (2C) of section 115JB a Amounts credited to other comprehensive income in statement of profit & loss under the head 8a b Amounts debited to the statement of profit & loss on distribution of non-cash assets to shareholders in a demerger 8b c One fifth of the transition amount as referred to in section 115JB (2C) (if applicable) 8c d Others (including residual adjustment) 8d e Total additions (8a + 8b + 8c + 8d) 8e B. Deductions from book profit under sub-sections (2A) to (2C) of section 115JB f Amounts debited to other comprehensive income in statement of profit & loss under the head 8f g Amounts credited to the statement of profit & loss on distribution of non-cash assets to shareholders in a demerger 8g h One fifth of the transition amount as referred to in section 115JB (2C) (if applicable) 8h i Others (including residual adjustment) 8i j Total deductions (8f + 8g + 8h + 8i) 8j 9 Deemed total income under section 115JB (7 + 8e 8j) 9 a Deemed total income u/s 115JB from Units located in IFSC, if any 9a b Deemed total income u/s 115JB from other Units ( 9- 9a) 9b 10 Tax payable under section 115JB [9% of (9a)+ 15% of (9b)] 10 Schedule MATC Computation of tax credit under section 115JAA MAT CREDIT 1 Tax under section 115JB in assessment year 2024-25 (1d of Part-B-TTI) 1 2 Tax under other provisions of the Act in assessment year 2024-25 (2f of Part-B-TTI) 2 3 Amount of tax against which credit is available [enter (2 1) if 2 is greater than 1, otherwise enter 0] 3 4 Utilisation of MAT credit Available [Sum of MAT credit utilised during the current year is subject to maximum of amount mentioned in 3 above and cannot exceed the sum of MAT Credit Brought Forward ] S.No Assessment Year (A) MAT Credit MAT Credit Utilised during the Current Year (C) Balance MAT Credit Carried Forward (D)= (B3) (C) Gross (B1) Set-off in earlier years (B2) Balance Brought forward (B3)=(B2)-(B1) i 2009-10 ii 2010-11 iii 2011-12 iv 2012-13 v 2013-14 vi 2014-15 vii 2015-16 vii 2016-17 150 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] ix 2017-18 x 2018-19 xi 2019-20 xii 2020-21 xiii 2021-22 xiv 2022-23 xv 2023-24 xvi 2024-25[(Sl no 1-Sl no 2 of)-(Sl No 6c - 2f of Schedule Part B-TTI, only if positive)] xvii Total 5 Amount of tax credit under section 115JAA utilised during the year [enter 4(C)xvii] 5 6 Amount of MAT liability available for credit in subsequent assessment years [enter 4(D)xvii] 6 Schedule- BBS Details of tax on distributed income of a domestic company on buy back of shares TAX ON BUY BACK OF SHARES Sl Description Details of 1st buy- back Details of 2nd buy- back Details of 3rd buy- back (i) (ii) (iii) (iv) (v) 1 Date of payments of any consideration to the shareholder on buy back of share (DD/MM/YYYY) (DD/MM/YYYY) (DD/MM/YYYY) 2 Amount of consideration paid by the company on buy-back of shares 3 Amount received by the company for issue of such shares 4 Distributed Income of the company (2 3) 5 Tax payable on distribu ted income a Additional income- tax @20% payable under section 115QA on 4 b c Health & Education cess on (a+b) d Total tax payable (a+b+c) 6 Interest payable under section 115QB 7 Additional income-tax and interest payable (5d + 6) 8 Tax and interest paid 9 Net payable/refundable (7-8) 10 Date(s) of deposit of tax on distribution income Date 1 Date 2 Date 1 Date 2 Date 1 Date 2 (DD/M M/YY YY) (DD/M M/YY YY) (DD/MM/YY YY) (DD/MM/YY YY) (DD/MM/YY YY) (DD/MM/YY YY) 11 Name of Bank and Branch 12 BSR Code 13 Serial number of challan 14 Amount deposited Schedule- TPSA Details of Tax on secondary adjustments as per section 92CE(2A) as per the schedule provided in e-filing utility TAX ON SECONDARY ADJUSTMENTS AS PER SECTION 92CE(2A) 1 Amount of primary adjustments on which option u/s 92CE(2A) is exercised & such excess money has not been repatriated within the prescribed time (please indicate the total of adjustments made in respect of all the AYs) 2 a Additional Income tax payable @ 18% on above b c Health & Education cess on (a+b) d Total Additional tax payable (a+b+c) 3 Taxes paid 4 Net tax payable (2d-3) 5 Date(s) of deposit of tax on secondary adjustments as per section 92CE(2A) Date 1 Date 2 Date 3 Date 4 Date 5 Date 6 (DD/MM/YYY Y) (DD/MM/YYY Y) (DD/MM/YYY Y) (DD/MM/YYY Y) (DD/MM/YYY Y) (DD/MM/YYY Y) 6 Name of [ II 3(i)] 151 Bank and Branch 7 BSR Code 8 Serial number of challan 9 Amount deposited Schedule 115TD Accreted income under section 115TD 1 Aggregate Fair Market Value (FMV) of total assets of specified person 1 2 Less: Total liability of specified person 2 3 Net value of assets (1 2) 3 4 (i) FMV of assets directly acquired out of income referred to in section 10(1) 4i (ii) FMV of assets acquired during the period from the date of creation or establishment to the effective date of registration/provisional registration u/s 12AB, if benefit u/s 11 and 12 not claimed during the said period 4ii (iii) FMV of assets transferred in accordance with third proviso to section 115TD(2) 4iii (iv) Total (4i + 4ii + 4iii) 4iv 5 Liability in respect of assets at 4 above 5 6 Accreted income as per section 115TD [3 (4iv 5)] 6 7 Additional income-tax payable u/s 115TD at maximum marginal rate 7 8 Interest payable u/s 115TE 8 9 Specified date u/s 115TD 9 10 Additional income-tax and interest payable 10 11 Tax and interest paid 11 12 Net payable (10 - 11) (Enter 0 if negative) 12 13 Date(s) of deposit of tax on accreted income Date 1 DD/MM/YYYY Date 2 DD/MM/YYYY Date 3 DD/MM/YYYY 14 Name of Bank and Branch 15 BSR Code 16 Serial number of challan 17 Amount deposited Schedule FSI Details of Income from outside India and tax relief (available only in case of resident) INCOME FROM OUTSIDE INDIA AND TAX RELIEF Sl. Country Code (dropdown to be provided in the e- filing utility) Taxpayer Identification Number Sl. Head of income Income from outside India (included in PART B-TI) Tax paid outside India Tax payable on such income under normal provisions in India Tax relief available in India (e)= (c) or (d) whichever is lower Relevant article of DTAA if relief claimed u/s 90 or 90A (a) (b) (c) (d) (e) (f) 1 i House Property ii Business or Profession iii Capital Gains iv Other sources Total 2 i House Property 152 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] ii Business or Profession iii Capital Gains iv Other sources Total Please refer to the instructions for filling out this schedule. Schedule TR Summary of tax relief claimed for taxes paid outside India (available only in case of resident) TAX RELIEF FOR TAX PAID OUTSIDE INDIA 1 Details of Tax relief claimed Country Code Taxpayer Identification Number Total taxes paid outside India (total of (c) of Schedule FSI in respect of each country) Total tax relief available (total of (e) of Schedule FSI in respect of each country) Section under which relief claimed (specify 90, 90A or 91) (a) (b) (c) (d) (e) Total 2 Total Tax relief available in respect of country where DTAA is applicable (section 90/90A) (Part of total of 1(d)) 2 3 Total Tax relief available in respect of country where DTAA is not applicable (section 91) (Part of total of 1(d)) 3 4 Whether any tax paid outside India, on which tax relief was allowed in India, has been refunded/credited by the foreign tax authority during the year? If yes, provide the details below 4 Yes/No a Amount of tax refunded b Assessment year in which tax relief allowed in India Please refer to the instructions for filling out this schedule. Schedule FA Details of Foreign Assets and Income from any source outside India DETAILS OF FOREIGN ASSETS A 1 Details of Foreign Depository Accounts held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 Sl No Country name Country code Name of financial institutio n Address of financial institutio n ZIP code Account number Status Account opening date Peak balance during the period Closing balance Gross interest paid/credite d to the account during the period (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) A2 Details of Foreign Custodial Accounts held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 Sl No Country name Country code Name of financial institutio n Address of financial institutio n ZIP code Accoun t numbe r Status Account opening date Peak balance during the period Closing balance Gross amount paid/credited to the account during the period (drop down to be provided specifying nature of amount viz. interest/dividend/proceeds from sale or redemption of financial assets/ other income) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) A3 Details of Foreign Equity and Debt Interest held (including any beneficial interest) in any entity at any time during the calendar year ending as on 31st December, 2023 Sl No Country name Country code Name of entity Address of entity ZIP code Nature of entity Date of acquirin g the interest Initial value of the investmen t Peak value of investmen t during the period Closing value Total gross amount paid/credite d with respect to the holding during the period Total gross proceeds from sale or redemption of investment during the period (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (i) (ii) A4 Details of Foreign Cash Value Insurance Contract or Annuity Contract held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 [ II 3(i)] 153 Sl No Country name Country code Name of financial institution in which insurance contract held Address of financial institution ZIP code Date of contract The cash value or surrender value of the contract Total gross amount paid/credited with respect to the contract during the period (1) (2) (3) (4) (5) (6) (7) (8) (9) (i) (ii) B Details of Financial Interest in any Entity held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 Sl No Count ry Name and code Zip Code Nature of entity Name and Address of the Entity Nature of Interest- Direct/ Beneficial owner/ Beneficiary Date since held Total Investmen t (at cost) (in rupees) Income accrued from such Interest Nature of Income Income taxable and offered in this return Amoun t Schedule where offered Item number of schedule (1) 2a 2b (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) C Details of Immovable Property held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 Sl No Country Name and code Zip Cod e Address of the Property Ownership - Direct/ Beneficial owner/ Beneficiary Date of acquisitio n Total Investment (at cost) (in rupees) Income derived from the property Nature of Income Income taxable and offered in this return Amount Schedule where offered Item number of schedule (1) 2a 2b (3) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) D Details of any other Capital Asset held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 Sl No Country Name and code Zip Cod e Nature of Asset Ownership - Direct/ Beneficial owner/ Beneficiary Date of acquisitio n Total Investment (at cost) (in rupees) Income derived from the asset Nature of Income Income taxable and offered in this return Amount Schedule where offered Item number of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) E Details of account(s) in which you have signing authority held (including any beneficial interest) at any time during the calendar year ending as on 31st December, 2023 and which has not been included in A to D above. Sl No Name of the Institution in which the account is held Address of the Institutio n Zip Cod e Name of the account holder Accoun t Numbe r Peak Balance/ Investment during the year (in rupees) Whether income accrued is taxable in your hands? If (7) is yes, Income accrued in the account If (7) is yes, Income offered in this return Amount Schedule where offered Item number of schedule (1) (2) (3a) (3b) (4) (5) (6) (7) (8) (9) (10) (11) (i) (ii) F Details of trusts, created under the laws of a country outside India, in which you are a trustee, beneficiary or settlor Sl No Count ry Name and code Zip Cod e Name and address of the trust Name and address of trustees Name and address of Settlor Name and address of Beneficiarie s Date since position held Whether income derived is taxable in your hands? If (8) is yes, Income derived from the trust If (8) is yes, Income offered in this return Amoun t Schedule where offered Item number of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (i) (ii) G Details of any other income derived from any source outside India which is not included in,- (i) items A to F above and, (ii) income under the head business or profession Sl No Country Name and code Zip Code Name and address of the person from whom derived Income derived Nature of income Whether taxable in your hands? If (6) is yes, Income offered in this return Amount Schedule where offered Item number of schedule (1) (2a) (2b) (3) (4) (5) (6) (7) (8) (9) (i) Please refer to instructions for filling out this schedule 154 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] SCHEDULE SH-1 SHAREHOLDING OF UNLISTED COMPANY (other than a company that is registered under section 8 of the Companies Act, 2013 (or section 25 of the Companies Act, 1956) or a company limited by guarantee under section 3(2) of Companies Act, 2013 or a start-up for which Schedule SH-2 is to be filled up) If you are an unlisted company, please furnish the following details;- Details of shareholding at the end of the previous year Name of the shareholder Residential status in India Type of share PAN /Aadhaar No. Date of allotment Number of shares held Face value per share Issue Price per share Amount received Details of equity share application money pending allotment at the end of the previous year Name of the applicant Residenti al status in India Type of share PAN/Aadhaa r No. Date of applicatio n Number of shares applied for Applicatio n money received Face value per share Proposed issue price Details of shareholders who is not a shareholder at the end of the previous year but was a shareholder at any time during the previous year Name of the sharehold er Residenti al status in India Type of share PAN/Aadha ar No. Number of shares held Face value per share Issue Pric e per shar e Amou nt receive d Date of allotme nt Date on which cease to be sharehold er Mode of cessatio n In case of transfer/sal e, PAN of the new shareholde r SCHEDULE SH-2 SHAREHOLDING OF START-UPS If you are a start-up which has filed declaration in Form-2 under para 5 of DPIIT notification dated 19.02.2019, please furnish the following details of shareholding;- Details of shareholding as at the end of the previous year Name of the shareholder Category of shareholder (drop down to be provided- non- resident/ venture capital company/ venture capital fund/ specified company/ any other person) Type of share PAN/Aadha ar No. Date of allotment Numbe r of shares held Face value per share Issue Price per share Paid up value per share Share premium Details of share application money pending allotment as at the end of the previous year Name of the applica nt Category of applicant (drop down to be provided- non- resident/ venture capital company/ venture capital fund/ specified company/ any other person) Typ e of shar e PAN/Aadhaar No. Date of applicatio n Number of shares applied for Face value per shar e Propose d issue price per share Share applicatio n money Share applicatio n premium Details of shareholder who is not a shareholder at the end of the previous year but was a shareholder at any time during the previous year Name of the sharehold er Category of shareholde r (drop down to be provided- non- resident/ venture capital company/ venture capital fund/ specified company/ any other person) Typ e of shar e PAN/Aadha ar no. Date of allotmen t Number of shares held Face value per share Issue Price per share Paid up value per share Date on which ceased to be sharehold er Mode of cessation In case of transfer, PAN of the new sharehold er NOTE For definition of expressions DPIIT notification dated 19.02.2019. [ II 3(i)] 155 Schedule AL-1 Assets and liabilities as at the end of the year (mandatorily required to be filled up by an unlisted company) (other than a start-up for which Schedule AL-2 is to be filled up) DETAILS OF ASSETS AND LIABILITIES A Details of building or land appurtenant there to, or both, being a residential house Sl. No . Address Pin code Date of acquisition Cost of acquisition Rs. Purpose for which used (dropdown to be provided) (1) (2) (3) (4) (5) (6) (i) (ii) B Details of land or building or both not being in the nature of residential house Sl. No . Address Pin code Date of acquisition Cost of acquisition Rs. Purpose for which used (dropdown to be provided) (1) (2) (3) (4) (5) (6) (i) C Details of listed equity shares Opening balance Shares acquired during the year Shares transferred during the year Closing balance No. of shares Type of shares Cost of acquisition No. of shares Type of shares Cost of acquisition No. of shares Type of shares Sale considera- tion No. of shares Type of shares Cost of acquisition 1 2 3 4 5 6 7 8 9 10 11 12 D Details of unlisted equity shares Name of company PAN Opening balance Shares acquired during the year Shares transferred during the year Closing balance No. of shares Cost of acquisition No. of shares Date of subscription / purchase Face value per share Issue price per share (in case of fresh issue) Purchase price per share (in case of purchase from existing shareholder) No. of shares Sale consideration No. of shares Cost of acquisition E Details of other securities Type of securiti es Whethe r listed or unlisted Opening balance Securities acquired during the year Securities transferred during the year Closing balance No. of securities Cost of acquisition No. of securities Date of subscription/ purchase Face value per share Issue price of security (in case of fresh issue) Purchase price per security (in case of purchase from existing holder) No. of securities Sale consideration No. of securities Cost of acquisition F Details of capital contribution to other entity Name of entity PAN Opening balance Amount contributed during the year Amount withdrawn during the year Amount of profit/loss/ dividend/ interest debited or credited during the year Closing balance G tial business ) Name of the person PAN Opening Balance Amount received Amount paid Interest credited, if any Closing balance Rate of interest (%) H Details of motor vehicle, aircraft, yacht or other mode of transport Particulars of asset Registration number of vehicle Cost of acquisition Date of acquisition Purpose for which used (dropdown to be provided) I Details of Jewellery, archaeological collections, drawings, paintings, sculptures, any work of art or bullion 156 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] Particulars of asset Quantity Cost of acquisition Date of acquisition Purpose of use (dropdown to be provided) J Details of liabilities Details of loans, deposits and advances taken from a person other than financial institution Name of the person PAN Opening Balance Amount received Amount paid Interest credited, if any Closing balance Rate of interest (%) Please refer to instructions for filling out this schedule. Schedule AL-2 Assets and liabilities as at the end of the year (applicable for start-ups only) If you are a start-up which has filed declaration in Form-2 under para 5 of DPIIT notification dated 19.02.2019, please furnish the following information for the period from the date of incorporation upto end of the year;- DETAILS OF ASSETS AND LIABILITIES A Details of building or land appurtenant there to, or both, being a residential house acquired since incorporation Sl. No. Address Pin code Date of acquisition Cost of acquisition Rs. Purpose for which used (dropdown to be provided) Whether transferred on or before the end of the previous year, if Yes date of transfer (1) (2) (3) (4) (5) (6) (7) (i) (ii) B Details of land or building or both not being a residential house acquired since incorporation Sl. No. Address Pin code Date of acquisition Cost of acquisition Rs. Purpose for which used (dropdown to be provided) Whether transferred on or before the end of the previous year, if Yes date of transfer (1) (2) (3) (4) (5) (6) (7) (i) C Details of Loans & Advances made since incorporation substantial business) Name of person PAN Date on which loans and advances has been made Amount of loans and advances Amount Whether loans and advances has been repaid, if Yes date of such repayment Closing balance as at the end of the previous year, if any Rate of interest, if any D Details of capital contribution made to any other entity since incorporation Name of entity PAN Date on which capital contribution has been made Amount of contribution Amount withdrawn, if any Amount of profit/loss/ dividend/ interest debited or credited Closing balance as at the end of the previous year, if any E Details of acquisition of shares and securities Name of company/entity PAN Type of shares/securities Number of shares/securities acquired Cost of acquisition Date of acquisition Whether transferred, if Yes date of transfer Closing balance as at the end of the previous year, if any F Details of motor vehicle, aircraft, yacht or other mode of transport, the actual cost of which exceeds ten lakh rupees acquired since incorporation Particulars of asset Registration number of vehicle Cost of acquisition Date of acquisition Purpose for which used (dropdown to be provided) Whether transferred, if Yes date of transfer G Details of Jewellery acquired since incorporation [ II 3(i)] 157 Particulars of asset Quantity Cost of acquisition Date of acquisition Purpose for which used (dropdown to be provided) Whether transferred, if Yes date of transfer Closing balance as at the end of the previous year, if any H Details of archaeological collections, drawings, paintings, sculptures, any work of art or bullion acquired since incorporation Particulars of asset Quantity Cost of acquisition Date of acquisition Purpose for which used (dropdown to be provided) Whether transferred, if Yes date of transfer Closing balance as at the end of the previous year, if any I Details of liabilities Details of loans, deposits and advances taken from a person other than financial institution Name of the person PAN Opening Balance Amount received Amount paid Interest debited, if any Closing balance Rate of interest (%) Please refer to instructions for filling out this schedule. Schedule GST INFORMATION REGARDING TURNOVER/GROSS RECEIPT REPORTED FOR GST DETAILS OF GST Sl. No. GSTIN No(s). Annual value of outward supplies as per the GST return(s) filed (1) (2) (3) Please furnish the information above for each GSTIN No. separately Schedule FD Break-up of payments/receipts in Foreign currency (to be filled up by the assessee who is not liable to get accounts audited u/s 44AB) Foreign Currency Transaction S. No. Amount (in Rs.) i Payments made during the year on capital account ii Payments made during the year on revenue account iii Receipts during the year on capital account iv Receipts during the year on revenue account Please refer to instructions for filling out this schedule. Part B Part B TI Computation of total income TOTAL INCOME 1 Income from house property ( 3 of Schedule-HP) (enter nil if loss) 1 2 Profits and gains from business or profession i Profits and gains from business other than speculative business and specified business (A 38 of Schedule BP) (enter nil if loss) 2i ii Profits and gains from speculative business (3(ii) of Table E of Schedule BP) (enter nil if loss and take the figure to schedule CFL) 2ii iii Profits and gains from specified business ( 3(iii) of Table E Schedule BP)(enter nil if loss and take the figure to schedule CFL) 2iii iv Income chargeable to tax at special rates (3d, 3e, 3f & 4b of Table E of Schedule BP) 2iv 158 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] v Total (2i + 2ii+2iii + 2iv ) 2v 3 Capital gains a Short term i Short-term chargeable @ 15% (9ii of item E of schedule CG) ai ii Short-term chargeable @ 30% (9iii of item E of schedule CG) aii iii Short-term chargeable at applicable rate ( 9iv of item E of schedule CG) aiii iv Short-term chargeable at special rates in India as per DTAA (9v of item E of Schedule CG) aiv v Total Short-term (ai + aii + aiii + aiv) (enter nil if loss) 3av b Long-term i Long-term chargeable @ 10% (9vi of item E of schedule CG) bi ii Long-term chargeable @ 20% (9vii of item E of schedule CG) bii iii Long-term chargeable at special rates in India as per DTAA (9viii of item E of schedule CG) biii iv Total Long-term (bi + bii + biii) (enter nil if loss) 3biv c Sum of Short-term/Long-term capital gains (3av + 3biv) (enter nil if loss) 3c d Capital gain chargeable @ 30% u/s 115BBH (C2 of schedule CG) 3d e Total capital gains (3c + 3d) 3e 4 Income from other sources a Net income from other sources chargeable to tax at normal applicable rates ( 6 of Schedule OS) (enter nil if loss) 4a b Income chargeable to tax at special rate ( 2 of Schedule OS) 4b c Income from the activity of owning and maintaining race horses ( 8e of Schedule OS) (enter nil if loss) 4c d Total (4a + 4b + 4c) 4d 5 Total of head wise income (1 + 2v + 3e + 4d) 5 6 Losses of current year to be set off against 5 (total of 2xvii, 3xvii and 4xvii of Schedule CYLA) 6 7 Balance after set off current year losses (5 6) (Also total of (ii, iii, v to xv of column 5of Schedule CYLA+4b+2iv) 7 8 Brought forward losses to be set off against 7 (total of 2xvi, 3xvi and 4xvi of Schedule BFLA) 8 9 Gross Total income (7 8) (Also total of (i,ii,iv to xiv of column 5 of schedule BFLA+4b+2iv) 9 10 Income chargeable to tax at special rate under section 111A, 112, 112A etc. included in 9 10 11 Deductions under Chapter VI-A a Part-B of Chapter VI-A [1 of Schedule VI-A and limited upto total of (i, ii, iv, v, viii, xiii, xiv) of column 5 of Schedule BFLA] 11a b Part-C of Chapter VI-A [2 of Schedule VI-A] 11b c Total (11a + 11b) [limited upto (9-10)] 11c 12 Deduction u/s 10AA (Total Sch. 10AA) 12 13 Total income (9 - 11c - 12) 13 [ II 3(i)] 159 14 Income chargeable to tax at special rates (total of (i) of Schedule SI) 14 15 Income chargeable to tax at normal rates (13 - 14) 15 16 Net agricultural income( 2v of Schedule EI) 16 17 Losses of current year to be carried forward (total of xix of Schedule CFL) 17 18 Deemed total income under section 115JB (9 of Schedule MAT) 18 Part B TTI Computation of tax liability on total income COMPUTATION OF TAX LIABILITY 1 a Tax Payable on deemed total Income under section 115JB (10 of Schedule MAT) 1a b Surcharge on (a) above (if applicable) 1b c Health and Education Cess @ 4%on (1a+1b) above 1c d Total Tax Payable u/s 115JB (1a+1b+1c) 1d 2 Tax payable on total income a Tax at normal rates on 15 of Part B-TI 2a b Tax at special rates (total of col. (ii) of Schedule-SI) 2b c Tax Payable on Total Income (2a + 2b) 2c d Surcharge i 25% of 16(ii) of Schedule SI 2di 2g(ii) ii On [(2c) (16(ii) of Schedule SI)] 2dii iii Total (i + ii) 2diii e Health and Education Cess @ 4% on (2c+2diii) 2e f Gross tax liability (2c+2diii+2e) 2f 3 Gross tax payable (higher of 1d and 2f) 3 4 Credit under section 115JAA of tax paid in earlier years (if 2f is more than 1d) ( 5 of Schedule MATC) 4 5 Tax payable after credit under section 115JAA [ (3 - 4)] 5 6 Tax relief a Section 90/90A(2 of Schedule TR) 6a b Section 91(3 of Schedule TR) 6b c Total (6a + 6b) 6c 7 Net tax liability (5 6c) (enter zero if negative) 7 8 Interest and fee payable a Interest for default in furnishing the return (section 234A) 8a b Interest for default in payment of advance tax (section 234B) 8b c Interest for deferment of advance tax (section 234C) 8c d Fee for default in furnishing return of income (section 234F) 8d e Total Interest and Fee Payable (8a+8b+8c+8d) 8e 9 Aggregate liability (7 + 8e) 9 TAXES PAID 10 Taxes Paid a Advance Tax (from column 5 of 15A) 10a b TDS (total of column 9 of 15B ) 10b c TCS (total of column 7 of 15C) 10c d Self-Assessment Tax (from column 5 of 15A) 10d e Total Taxes Paid (10a+10b+10c + 10d) 10e 11 Amount payable (9 - 10e) (Enter if 9 is greater than 10e, else enter 0) 11 160 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] 12 Refund (If 10e is greater than 9) 12 13 Net tax payable on 115TD income including interest u/s 115TE (Sr.no. 12 of Schedule 115TD) 13 14 Tax payable u/s 115TD after adjustment of refund at Sl. No. 12 (13-12) 14 15 Net refund after adjustment as per Sl. No. 14 (12-13) (refund, if any, will be directly credited into the bank account) 15 BANK ACCOUNT 16 Do you have a bank account in India (a) Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts) Sl. IFS Code of the Bank in case of Bank Accounts held in India Name of the Bank Account Number Type of account (Dropdown to be provided by E-filing utility) i ii Note: 1) All bank accounts held at any time are to be reported, except dormant A/c 2) In case of multiple accounts, the refund will be credited to one of the validated accounts after processing the return Row can be added as required (b) Non- residents, may, at their option, furnish the details of one foreign bank account: S. No. SWIFT Code Name of the Bank Country of Location IBAN Row can be added as required 17 Do you at any time during the previous year,- (15) (i) hold, as beneficial owner, beneficiary or otherwise, any asset (including financial interest in any entity) located outside India; or (ii) have signing authority in any account located outside India; or (iii) have income from any source outside India? [applicable only in case of a resident] [Ensure Schedule FA is filled up if the answer is Yes ] Yes No B Details of Tax Deducted at Source (TDS) on Income [As per Form 16 A issued or Form 16B/16C/16D/16E furnished by Deductor(s)] Sl No TDS credit relating to self /other person [other person as per rule 37BA(2)] PAN/Aadhaar No. of Other Person (if TDS credit related to other person) TAN of the Deductor/ PAN/aadhaar No, of Tenant/ Buyer Unclaimed TDS brought forward (b/f) TDS of the current Financial Year (TDS deducted during the FY 2023-24) TDS credit being claimed this Year (only if corresponding income is being offered for tax this year not applicable if TDS is deducted u/s 194N) Corresponding Receipt /withdrawals offered TDS credit being carried forward 18 TAX PAYMENTS A Details of payments of Advance Tax and Self-Assessment Tax ADVANCE/ SELF ASSESSMENT TAX Sl No BSR Code Date of Deposit (DD/MM/YYYY) Serial Number of Challan Amount (Rs) (1) (2) (3) (4) (5) i ii iii NOTE Enter the totals of Advance tax and Self-Assessment tax in Sl No. 10a & 10d of Part B-TTI [ II 3(i)] 161 Fin. Year in which deducted TDS b/f Deducted in own hands Deducted in the hands of any other person as per rule 37BA(2) (if applicable) Claimed in own hands Claimed in the hands of any other person as per rule 37BA(2) (if applicable) Gross Amount Head of Income (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) Income TDS Income TDS PAN/ Aadhaar No. i C Details of Tax Collected at Source (TCS) [As per Form 27D issued by the Collector(s)] TCS ON INCOME Sl No TCS credit relating to self /other person [other person as per rule 37i(1)] Tax Deduction and Tax Collection Account Number of the Collector PAN of Other Person (if TCS credit related to other person) Unclaimed TCS brought forward (b/f) TCS of the current financial Year (TCS collected during the FY 2023-24) TCS credit being claimed this Year TCS credit being carried forward Fin. Year in which collected Amount b/f Collected in own hands Collected in the hands of any other person as per rule 37i(1) (if applicable) Claimed in own hands Claimed in the hands of any other person as per rule 37i(1) (if applicable) (1) 2(i) (2)(ii) (3) (4) (5) 6(i) (6)(ii) 7(i) (7)(ii) (8) TCS PAN i Please enter total of column (7)(i) in 10c of Part B-TTI VERIFICATION I, son/ daughter of , solemnly declare that to the best of my knowledge and belief, the information given in the return and the schedules thereto is correct and complete is in accordance with the provisions of the Income-tax Act, 1961. I further declare that I am making this return in my capacity as ___________ (drop down to be provided and I am also competent to make this return and verify it. I am holding permanent account number (if allotted) (Please see instruction). I further declare that the critical assumptions specified in the agreement have been satisfied and all the terms and conditions of the agreement have been complied with. (Applicable, in a case where return is furnished under section 92CD) Date Place Sign here [Notification No. 16/2024/F.No. 370142/49/2023-TPL] SURBENDU THAKUR, Under Secy., Tax Policy and Legislation Note:- The principal rules were published vide notification S.O. 969 (E), dated the 26th March, 1962 and last amended vide notification G.S.R. 908(E), dated the 22nd December, 2023 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.