Professional Documents
Culture Documents
on
Taxation
History
Previous Year
2010-’11
Assessment Year
2011-’12
Total Income of an Individual Assessee.
Salary Income.
House Property.
Business or Profession.
Capital Gains.
Income from other source.
Statement showing taxable income from
Salary.
PARTICULAR
Basic Salary ....
Bonus ….
Commission ….
Allowances ….
Perquisites ….
Gross Salary XXX
Less:- Specific deduction ….
Taxable income from salary XXXX
Statement showing taxable income from
House Property.
PARTICULAR LOP DLOP SOP
Gross Annual Value …. …. 0
Less:- Local Tax, Mu. Tax 0
Net Annual Value XXX XXX 0
Less:- Specific deduction
1.Std. dedu. (30% of NAV) …. …. 0
2. Int. on Loan …. …. ….
Taxable Income/Loss of XXXX XXXX XXXX
House Property.
Statement showing taxable income from
Business or Profession.
PARTICULAR
Net Profit (P&L A/c) ….
Less: Other Heads of Income (P&L A/c) ….
Less: Other Income (Cr. P&L A/c not taxable) ….
Add: Inadmissible Exp. (Dr. to P&L A/c) ….
Less: Inadmissible Exp. (not claimed) ….
Add: Taxable Business Income Not recorded ….
Taxable Business Income XXX
Statement showing Taxable Income
PARTICULAR
Salary Income ….
Add: House Property ….
Add: Business or Profession ....
Add: Capital Gains ….
Add: Income from other source ….
Gross Total Income XX
Less: General Deduction ….
Taxable Income XXX
Value Added Tax Act, 2003