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    Firm 23

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    koga uppal

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    Firm 23

    Uploaded by

    koga uppal
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    firm23

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    Firm 23

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    of 2

    NAME OF ASSESSEE : G.K.G.

    INDUSTRY
    PAN : AAFFG6714J
    OFFICE ADDRESS : D-135, PHASE-V, FOCAL POINT, LUDHIANA, PUNJAB-141001
    STATUS : FIRM ASSESSMENT YEAR : 2023 - 2024
    WARD NO : ITO, WARD-1, PHAGWARA/ FINANCIAL YEAR : 2022 - 2023
    D.O.I. : 01/04/2018
    EMAIL ADDRESS : [email protected]

    COMPUTATION OF TOTAL INCOME

    PROFITS AND GAINS FROM BUSINESS AND 1048952


    PROFESSION

    PROFIT U/S 44AD - G.K.G INDUSTRY


    PROFIT DEEMED U/S 44AD OF RS. 115896462 127172
    PROFIT DECLARED U/S 44AD 1048952
    PROFIT (HIGHER OF THE ABOVE) 1048952

    GROSS TOTAL INCOME 1048952


    TOTAL INCOME 1048952
    TOTAL INCOME ROUNDED OFF U/S 288A 1048950

    COMPUTATION OF TAX ON TOTAL INCOME


    TAX ON RS. 1048950 @ 30% 314685
    314685
    ADD: HEALTH AND EDUCATION CESS @ 4% 12587
    327272
    ADD INTEREST PAYABLE
    INTEREST U/S 234B 13088
    INTEREST U/S 234C 3272 16360
    343632
    TAX ROUNDED OFF U/S 288B 343630
    LESS SELF ASSESSMENT TAX U/S 140A
    hdfc bank - 0510002 341970
    AXIS BANK - 6548526 - 1189 - 27-07-2023 1660 343630
    TAX PAYABLE NIL

    INSTALLMENT WISE INCOME BIFURCATION


    SN Particular Up to 15/6 Up to 15/9 Up to 15/12 Up to 15/3 Up to 31/3 Total
    1 NORMAL INCOME -2 -2 -2 -2 -2 -2
    44AD/44ADA/44AE 1048952 1048952 1048952
    TOTAL NORMAL INCOME -2 -2 -2 1048950 1048950 1048950
    TOTAL SPECIAL INCOME 0 0 0 0 0 0
    *TOTAL INCOME -2 -2 -2 1048950 1048950 1048950

    INCOME WISE ADVANCE TAX BIFURCATION


    SN Particular Up To 15/6 Up to 15/9 Up to 15/12 Up to 15/3 Up to 31/3 Total
    1 TAX ON NORMAL INCOME 0 0 0 314685 314685 314685
    TAX + SURC + HECESS 0 0 0 327272 327272 327272
    LESS: TDS/ TCS/ Rebate/ Relief/ 0 0 0 0 0 0
    Credit
    BALANCE TAX 0 0 0 327272 327272 327272
    ADVANCE TAX PERCENTAGE (%) 15% 45% 75% 100% 100% 100%
    ADVANCE TAX LIABILITY 0 0 0 327272 327272 327272

    ADVANCE TAX INSTALLMENTS


    Install Due Date Due Installment Minimum Advance Advance Tax Paid Interest U/s Interest U/s
    ment Tax to be Paid to 234C 234C
    avoid Interest u/s Payable on
    234C
    % Amount % Amount Date Amount Gross
    Amount
    (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)=(4-9) (11)
    Ist 15-06-2022 15% 0 12% 0 - 0 0 0 0
    IInd 15-09-2022 45% 0 36% 0 - 0 0 0 0
    IIIrd 15-12-2022 75% 0 75% 0 - 0 0 0 0
    IVth 15-03-2023 100% 327272 100% 327272 - 0 0 327272 3272

    SALINDER SINGH
    (Partner)

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