Sarfaraz 2022-23

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Detailed Computation as per New Tax Regime

Basic Details
Personal Information

Name Sarfaraz

786, Ghaziabad, Kaila bhatta, Ghaziabad H.O, GHAZIABAD, UTTAR PRADESH -


Address
201001.

Father's Name Abdul kayyum Aadhaar Card No. **** **** 5393

PAN FJMPS1417K Date of Birth 01-01-1994

Sarfaraj8375858849@g 01-04-2021 to 31-03-


E-Mail Financial Year
mail.com 2022

01-04-2022 to 31-03-
Mobile 8375858849 Assessment Year
2023

Residential Status Resident Status Individual

Return Type Updated Return Return Filed Section u/s 139(8A)

Computation of Income
Description Amount Amount

Income from Salary 0.00

Income from Business 6,50,000.00

Income from Business (Section 44AD )


6,50,000.00
(Annexure #1)

Income from House Property (Annexure #) 0.00

Income from Other Sources 0.00

Gross Total Income 6,50,000.00

Less: Deductions 0.00

Taxable Total Income 6,50,000.00

Tax Payable on Total Income (Annexure #2) 27,500.00

Less: Rebate u/s 87A 0.00

Tax Payable After Rebate 27,500.00


Description Amount Amount

Add: Surcharge 0.00

Add: Health & Education Cess 1,100.00

Gross Tax Liability as per the normal provisions 28,600.00

Balance Tax After Relief 28,600.00

Less: Total Advance Tax Paid 0.00

Less: Total Self Assessment Tax Paid 0.00

Less: Total TDS Claimed 0.00

Less: Tax Collected at Source 0.00

Total Tax Liability (Excluding Interest) 28,600.00

Add: Interest u/s 234A 4,576.00

Add: Interest u/s 234B 5,720.00

Add: Interest u/s 234C 286.00

Add: Late Filing Fees u/s 234F 5,000.00

Balance Tax Payable as per the updated ITR 44,180.00

Add: Additional tax Liability . (60240x0.25) 15,060.00

Total Tax Payable 80,300.00

Balance Tax Payable 80,300.00

Details of Bank Accounts


Bank Name IFSC Code Account Number Selected for Refund?

Kotak Mahindra Bank KKBK0005295 5046236437 Yes

Income from Business

Annexure #1: Income from Business (Section 44AD )

Business Name Turnover Profit

Kayyum Banana Store 52,00,000.00 6,50,000.00

Disclaimer: Your income tax return has been prepared and filed based on the data you provided. If any false or inaccurate deductions or
exemption claims were included, the responsibility rests solely with you. If you find discrepancies in the calculations or the tax return form,
please contact us at [email protected] within 48 hours for modifications. Post this period, Tax2win and its representatives will not be liable for
any discrepancies or issues. We act as an intermediary, processing your information for the tax department.

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