Name of Assessee SHUBHAM JAIN

Father's Name MR PADAM CHAND JAIN

Address HOUSE NO. 23,BABY BHAWAN,RUPNAGAR,
KUMARPARA,GUWAHATI,KAMRUP METRO,ASSAM,781009
E-Mail shubham.sj2310@gmail.com
Status Individual Assessment Year 2023-2024
Ward ITO W-1(2), GUWAHATI Year Ended 31.3.2023
PAN BETPJ4145P Date of Birth 23/10/1997
Residential Status Resident Gender Male
Nature of Business FINANCIAL INTERMEDIATION SERVICES-Investment activities(13010)
A.O. Code SHL-W-1-2
Filing Status Original
Last Year Return Filed u/s Normal
Aadhaar No: 383176016002 Passport No.:
Bank Name ICICI BANK LIMITED, , A/C NO:032101659898 ,Type: Saving ,IFSC:
ICIC0000321
Tele: Mob:+918486217292

Computation of Total Income [As per Normal Provisions]

Caution
1. AIS report not imported
2. TIS summary not imported

Income from Salary (Chapter IV A) 1417254

BAJAJ AUTO LIMITED

Employer Status: Other
1, BAJAJ AUTO COMPLEX MUMBAI PUNE ROAD
AKRUDI, PUNE MAHARASHTRA-411035
Salary 1355718
Washing Allowance 36000
Accomodation 114036
1505754
Less:
Washing Allowance Exempt 36000
36000
1469754
Less: Standard Deduction u/s 16(ia) 50000
Professional Tax u/s 16(iii) 2500
52500
1417254

Income from Business or Profession (Chapter IV D) -14048

Profit as per Profit and Loss a/c -96076

Total -96076
(Business loss can not be set off against
Salary)

Income from Speculation Business

NAME OF ASSESSEE : SHUBHAM JAIN A.Y. 2023-2024 PAN : BETPJ4145P Code :MAY083

profit as per profit and loss A/C 1204

Total 1204

Income from Capital Gain (Chapter IV E) 6449

Short Term Capital Gain

Capital Gain as per Details Attached (stt) 6449

Income from Other Sources (Chapter IV F) 7599

Interest From Saving Bank A/c 4090

Interest on F.D.R. 1833
Interest From IT Refund 530
Dividend From Shares 1146
7599

Gross Total Income 1417254

Less: Deductions (Chapter VI-A)

u/s 80C
L.I.P. 26723
P.P.F. 11000
P.F. 29772
Mutual Fund 96000
Total 163495
150000
u/s 80CCD(1B) (Investment Rs. 1000/-) 1000
u/s 80D
Own Family Medical Insurance Premium 24930
Total Payment Rs. 24930
24930
u/s 80 U 75000
250930
Total Income 1166324
Round off u/s 288 A 1166320
Income Exempt u/s 10 37893
Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

Tax Due 162396

Health & Education Cess (HEC) @ 4.00% 6496
168892
T.D.S./T.C.S 168894
-2
Tax Payable 0
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NAME OF ASSESSEE : SHUBHAM JAIN A.Y. 2023-2024 PAN : BETPJ4145P Code :MAY083

Tax calculation on Normal income of Rs 1166320/-

Exemption Limit :250000
Tax on (500000 -250000) = 250000 @5% = 12500
Tax on 500001 To 1000000 = 500000 @20% = 100000
Tax on 1000001 to 1166320 = 166320 @30% = 49896
Total Tax = 162396

T.D.S./ T.C.S. From

Salary(as per Annexure) 168894

Details of Exempt Income

S.No. Particulars Amount
BAJAJ AUTO LIMITED
1 Washing Allowance 36000

2 Interest 1893
Total 37893
Due Date for filing of Return July 31, 2023
Statement of Current Year Loss Adjustment
Head/Source of Income Current Year House Property Business Loss of Other Sources Current Year Income
Income Loss of the the Current Year Loss of the Remaining after Set
Current Year Set Set off Current Year Set off
off off
Loss to be adjusted 96076
Salary 1417254 NIL NIL NIL 1417254
House Property NIL NIL NIL NIL
Business NIL NIL NIL NIL
Speculation Business 1204 NIL 1204 NIL NIL
Short term Capital Gain 6449 NIL 6449 NIL NIL
Long term Capital Gain NIL NIL NIL NIL NIL
Other Sources 7599 NIL 7599 NIL
Total Loss Set off NIL 15252 NIL
Loss Remaining after NIL 80824 NIL
set off
Statement of Business losses Brought/Carried Forward
Assessment Year Brought Forward Set off Carried Forward
Current Year Loss 80824
Total 0 0 80824

Bank Account Detail

S. No. Bank Address Account No MICR NO IFSC Code Type
1 STATE BANK OF INDIA 20194815332 SBIN0006878 Saving
2 STATE BANK OF INDIA 36106282069 SBIN0001055 Saving
3 ICICI BANK LIMITED 032101659898 ICIC0000321 Saving(Primary)
4 UNION BANK OF INDIA 485002010015967 UBIN0548502 Saving

Details of Dividend From Shares

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NAME OF ASSESSEE : SHUBHAM JAIN A.Y. 2023-2024 PAN : BETPJ4145P Code :MAY083

S.NO. PARTICULARS AMOUNT

1 1146
TOTAL 1146

Details of T.D.S. on Non-Salary(26 AS Import Date:12 Jul 2023)

S.No Name of the Deductor Tax deduction Amount Paid/credited Total Tax Amount out of (5)
A/C No. of the deducted claimed for this year
deductor
1 CANARA BANK BLRC19652D 26 0 0
2 LIFE INSURANCE CORPORATION OF MUML13465E 23 0 0
INDIA
3 NTPC LIMITED DELN21817F 51 0 0
4 OIL INDIA LIMITED MRTO00453F 78 0 0
5 SHARDA CROPCHEM LIMITED MUMS36859E 6 0 0
6 SJVN LIMITED DELS87955A 19 0 0
TOTAL 203 0 0

Head wise Summary on Income and TDS thereon

Head Section Amount As per Location of Income for TDS
Paid/Credited As Computation Comparison
per 26AS
Other Sources 194 203 7599 Dividend Income:1146
Interest Income:6453
Total 203 7599

Details of T.D.S. on Salary(26 AS Import Date:12 Jul 2023)

S.No Name of the employer Tax deduction A/C No. of Income chargeable Tax deducted at source
the deductor under the head Salaries u/s. 192(1)
1 BAJAJ AUTO LIMITED PNEB05807E 1505756 168894
TOTAL 1505756 168894

Details of Taxpayer Information Summary (TIS)

S.NO INFORMATION CATEGORY DERIVED As Per Computation Difference
. VALUE(Rs.)
1 Dividend 905 Dividend From Shares 1146 -241
2 Interest from deposit 1970 Interest on FDR 1833 137
3 Interest from savings bank 4090 Interest from saving bank 4090 NIL
a/c
4 Purchase of securities and units of mutual funds 95995
5 Salary 1505756 BAJAJ AUTO LIMITED 1505754 2
6 Sale of securities and units of mutual fund 81698 Sale of STCG 104055 -22357
Shares/Mutual fund
Interest from income tax refund - Interest from IT Refund 530 530
Business receipts Turnover from speculative 9778
activity
9778 9778

Statement of Short Term Capital Gain (Transaction Tax)

Name of Company Date of Sale Sales Price Tr. Exp. Net Sale Purchase Purchase Loss u/s Capital
Price Date cost 94(7)/(8) gain
CONSOLIDATED 104055 1629 102426 95977 0 6449
TOTAL 104055 1629 102426 95977 6449

BAJAJ AUTO LIMITED

Taxable Value of Rent Free Accommodation
Particulars Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Total
15%of Salary 16947 16947 16947 16947 16947 16947 16947 16947 16947 16947 16947 16947 203364
Lease Rent 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 114036
Taxable Value 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 114036
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NAME OF ASSESSEE : SHUBHAM JAIN A.Y. 2023-2024 PAN : BETPJ4145P Code :MAY083

9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 9503 114036

Detail of assets and income given in return form

Profit and Loss A/C (Speculation Activities)
1. Turnover from Speculation Activities 9778
2. Gross profit 1204
3. Expenses If any 0
4. Net Income from Speculation Activities 1204

Signature
(SHUBHAM JAIN)
Date-12.07.2023
CompuTax : MAY083 [SHUBHAM JAIN]

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