COMPUTATION OF INCOME Name of Assessee Father's Name Address
Date of Birth Status PAN No. Ward No. Accounting year Assessment Year
RAKESH GARG Shri Shyam Lal Garg 138, Pocket-D Dilshad Garden, 4 Deduction Delhi-95 04.03.1970 Individual AEXPG0906J 31.03.2007 2007-2008
1. INCOME FROM SALARY SALARY Conveyance Allowance
180000 9600
3.INCOME FROM HOUSE PROPERTY (Bank interest)
170,400.00
(49,500.00)
2.INCOME FORM BUSINESS & PROFESSION (Profit & Loss a/c attached)
8,760.00
3. INCOME FROM OTHER SOURCES i)Interest on S/A ii) Income form Interest
4,236.00
36 4200 GROSS TOTAL INCOME Less: DeductionU/s Chapter VI A Repayment of H.Loan Tution Fees Taxable income
COMPUTATION OF INCOME Name of Assessee Father's Name Address
Date of Birth Status PAN No. Ward No.
RAKESH GARG Shri Shyam Lal Garg 138, Pocket-D Dilshad Garden, Delhi-95 04.03.1970 Individual AEXPG0906J
133,896.00
7,986.00 20,400.00
28,386.00 105,510.00
Accounting year Assessment Year
31.03.2006 2006-2007
1. INCOME FROM SALARY Basic H.R.A. Conveyance Allowance LESS; H.R.A. Conveyance Allowance H.R.A. Actual Received Actual Paid 50% of Salary Excess Paid obver 10% 0f salary (Rs.42000.00- Rs.9020.00) Hence 32980/- is less in all
90200 33000 8800 132000 32980 8800
41780
33000 42000 45100 32980
2.INCOME FORM BUSINESS & PROFESSION (Profit & Loss a/c attached) 3. INCOME FROM OTHER SOURCES i)Interest on S/A & Others ii) Income form Hire Charges Hire Charges Recevied 48000.00 Less: Expenses 30000.00
90,220.00
3298.81
1047 18000
19,047.00 GROSS TOTAL INCOME
112565.81
Less: Deduction U/s 80C (Deposited with insurance) TOTAL INCOME
5,904.00
ROUNDED OFF TOTAL TAX DUE ADD;E.Cess Total Tax Due Less: T.D.S. Less: Tax Paid REFUND
RAKESH KUMAR GARG
106661.81 106660 666 14 680 1004 NIL 324