Name of Assessee DILBAG SINGH

Father's Name KRISHAN KUMAR

Address S/O KRISHAN KUMAR,PAPSAR,GUHLA,KAITHAL,HARYANA,136033
Status Individual Assessment Year 2024-2025
Ward WARD-1, KAITHAL/ Year Ended 31.3.2024
PAN MEXPS4213J Date of Birth 06/05/1997
Residential Status Resident Gender Male
Nature of Business WHOLESALE AND RETAIL TRADE-Retail sale of other products n.e.c(09028)
,Trade Name:DAIRY MANUFACTURING-Manufacture of dairy
products(04005) ,Trade Name:DAIRY
Method of Accounting Mercantile
A.O. Code NWR-W-60-91
Filing Status Original
Last Year Return Filed u/s Normal
Aadhaar No: 838475352237 Mobile No Linked with Aadhaar
Bank Name AXIS BANK, , A/C NO:916010062669044 ,Type: Saving ,IFSC: UTIB0002033,
Prevalidated : Yes, Nominate for refund : Yes
Tele: Mob:8950396703

Computation of Total Income [As per Section 115BAC (New Tax Regime)]

Income from Business or Profession (Chapter IV D) 6,62,370

Income u/s 44AD 6,62,370

Income from Other Sources (Chapter IV F) 5,576

Interest From Saving Bank A/c(as per Annexure) 126

INTEREST AND MISC. SURPLUS 5,450
5,576

Gross Total Income 6,67,946

Less: Deductions (Chapter VI-A)

u/s 80C
80C 7,000
7,000
Allowable Deduction(Assessee has opted New Tax 0
regime. Only deductions u/s 80CCD(2), 80CCH(2),
80JJAA are allowable [Refer 115BAC (2)(i)])
Total Income 6,67,946
Round off u/s 288 A 6,67,950
Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

Tax Due (Exemption Limit Rs. 300000) 21,795

Rebate u/s 87A 21,795
0
Fee for default in furnishing return of income u/s 5,000
234F
5,000
Round off u/s 288B 5,000
Deposit u/s 140A 5,000
NAME OF ASSESSEE : DILBAG SINGH A.Y. 2024-2025 PAN : MEXPS4213J Code :1234686,Group Code
:07

Tax Payable 0

Tax calculation on Normal income of Rs 6,67,950/-

Exemption Limit :3,00,000
Tax on (6,00,000 -3,00,000) = 3,00,000 @5% = 15,000
Tax on 6,00,001 to 6,67,950 = 67,950 @10% = 6,795
Total Tax = 21,795

Interest calculated upto November,2024, Due Date for filing of Return July 31, 2024
Income Declared u/s 44 AD
Gross Receipts/Turnover (ECS/Cheque/DD Mode) 395200.00
Gross Receipts/Turnover (Cash Receipt) 1875600.00
Gross Receipts/Turnover (Total) 2270800.00
Book Profit 662370.00 29.17 %
Deemed Profit(Other than ECS/Cheque/DD) 150048.00 8.00 %
Deemed Profit(ECS/Cheque/DD Mode) 23712.00 6.00 %
Net Profit Declared 662370.00 29.17 %

Prepaid taxes (Advance tax and Self assessment tax)26 AS Import Date:18 Nov 2024
Sr.No. BSR Code Date Challan No Bank Name & Branch Amount
1 0002271 18/11/2024 08026 STATE BANK OF INDIA Kamothe 5000
Total 5000

Bank Account Detail

S.N Bank Address Account No IFSC Code Type Prevalidated Nominate for
. refund
1 AXIS BANK 916010062669044 UTIB0002033 Saving(Prima Yes Yes
ry)

Details of Interest From Bank

S.NO. PARTICULARS AMOUNT
1 AXIS BANK LIMITED 124
2 HDFC BANK LIMITED 2
TOTAL 126

Details of Taxpayer Information Summary (TIS)

S.NO INFORMATION CATEGORY DERIVED As Per Computation Difference
. VALUE(Rs.)
1 Interest from savings bank 126 Interest from saving bank 126 NIL
a/c
Receipt of commission etc. on sale of lottery tickets - Other- Sources->Other 5450 5450
Income
Business receipts Total Gross 2270800
Receipts/Turnover (44AD)
2270800 2270800

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NAME OF ASSESSEE : DILBAG SINGH A.Y. 2024-2025 PAN : MEXPS4213J Code :1234686,Group Code
:07

Detail of assets and income given in return form

Balance Sheet
Liabilities Assets
S.No Particulars Amount S.No Particulars Amount
1. Partner/Member 2416855 1 Fixed Assets 675880
capital
2. Secured Loans 0 2. Inventories 1060200
3. Unsecured Loans 0 3. Sundry debtors 375600
4. Advances 0 4. Balance with banks 0
5. Sundry Creditors 175850 5. Cash in hand 215525
6. Other liabilities 0 6. Loan and advances 0
7. Other Assets 265500
Total 2592705 Total 2592705

Signature
(DILBAG SINGH)
CompuTax : 1234686 [DILBAG SINGH],Group Code :07

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