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    VAIBHAV ARORA
    Richa Bajaj filed her income tax return for the assessment year 2022-2023. She reported a total income of Rs. 4,83,900. This included a salary of Rs. 6,16,750 from Richi Circuitronix Pvt Ltd, interest and other income of Rs. 10,047 from savings accounts, and dividend income of Rs. 19. She claimed deductions of Rs. 1,42,896 under sections 80C, 80TTA, and 80D. After deductions, her total taxable income was Rs. 4,83,901 and she had no tax liability as her income was below the exemption limit of Rs. 2,50,000.

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    Richa Bajaj filed her income tax return for the assessment year 2022-2023. She reported a total income of Rs. 4,83,900. This included a salary of Rs. 6,16,750 from Richi Circuitronix Pvt Ltd, interest and other income of Rs. 10,047 from savings accounts, and dividend income of Rs. 19. She claimed deductions of Rs. 1,42,896 under sections 80C, 80TTA, and 80D. After deductions, her total taxable income was Rs. 4,83,901 and she had no tax liability as her income was below the exemption limit of Rs. 2,50,000.

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    Richa Bajaj filed her income tax return for the assessment year 2022-2023. She reported a total income of Rs. 4,83,900. This included a salary of Rs. 6,16,750 from Richi Circuitronix Pvt Ltd, interest and other income of Rs. 10,047 from savings accounts, and dividend income of Rs. 19. She claimed deductions of Rs. 1,42,896 under sections 80C, 80TTA, and 80D. After deductions, her total taxable income was Rs. 4,83,901 and she had no tax liability as her income was below the exemption limit of Rs. 2,50,000.

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    © All Rights Reserved
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    123 views3 pages

    Untitled

    Uploaded by

    VAIBHAV ARORA
    Richa Bajaj filed her income tax return for the assessment year 2022-2023. She reported a total income of Rs. 4,83,900. This included a salary of Rs. 6,16,750 from Richi Circuitronix Pvt Ltd, interest and other income of Rs. 10,047 from savings accounts, and dividend income of Rs. 19. She claimed deductions of Rs. 1,42,896 under sections 80C, 80TTA, and 80D. After deductions, her total taxable income was Rs. 4,83,901 and she had no tax liability as her income was below the exemption limit of Rs. 2,50,000.

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    of 3

    Name of Assessee RICHA BAJAJ

    Father's Name KAMAL BAJAJ


    Address M-118,VIKAS PURI,NEW DELHI,DELHI,110018
    E-Mail [email protected]
    Status Individual Assessment Year 2022-2023
    Ward Year Ended 31.3.2022
    PAN AWKPB9526G Date of Birth 19/08/1990
    Residential Status Resident Gender Female
    Filing Status Original
    Return Filed On 31/07/2022 Acknowledgement No.: 324332820310722
    Last Year Return Filed u/s Normal
    Aadhaar No: 347222032350 Passport No.:
    Bank Name HDFC BANK, , A/C NO:50100097356821 ,Type: Saving ,IFSC: HDFC0000405
    Tele: Mob:8920392416

    Computation of Total Income [As per Normal Provisions]

    Income from Salary (Chapter IV A) 616750

    RICHI CIRCULTRONIX PVT LTD


    Employer Status: Other
    C-19 Greater Kailsh Enclave 1 New Delhi
    DELHI-110048
    Salary 666750
    HRA 67500
    734250
    Less:
    HRA Exempt 67500
    67500
    666750
    Less: Standard Deduction u/s 16(ia) 50000
    616750

    Income from Other Sources (Chapter IV F) 10047

    Interest From Saving Bank A/c 5216


    other income 4812
    Dividend From Shares 19
    10047

    Gross Total Income 626797

    Less: Deductions (Chapter VI-A)


    u/s 80C
    L.I.P. 11080
    P.F. 21600
    Mutual Fund 80000
    Total 112680
    112680
    u/s 80TTA (Interest From Saving Bank Account.) 5216
    u/s 80D
    NAME OF ASSESSEE : RICHA BAJAJ A.Y. 2022-2023 PAN : AWKPB9526G Code :86

    Own Family Medical Insurance Premium 32016


    Total Payment Rs. 32016
    25000
    142896
    Total Income 483901
    Round off u/s 288 A 483900
    Income Exempt u/s 10 67500
    Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

    Tax Due (Exemption Limit Rs. 250000) 11695


    Rebate u/s 87A 11695
    0
    Tax Payable 0

    Tax calculation on Normal income of Rs 483900/-


    Exemption Limit :250000
    Tax on (483900-250000) =233900 @5% = 11695
    Total Tax = 11695

    Details of Exempt Income


    S.No. Particulars Amount
    RICHI CIRCULTRONIX PVT LTD
    1 HRA 67500

    Total 67500
    Due Date for filing of Return July 31, 2022

    Bank Account Detail


    S. No. Bank Address Account No MICR NO IFSC Code Type
    1 HDFC BANK 50100097356821 HDFC0000405 Saving(Primary)
    2 SYNDICATE BANK 90912010041758 SYNB0009098 Saving

    Details of Dividend From Shares


    S.NO. PARTICULARS AMOUNT
    1 19
    TOTAL 19

    Details of T.D.S. on Salary(26 AS Import Date:30 Jul 2022)


    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 RICHI CIRCUITRONIX PRIVATE LIMITED DELR16497F 310917 0
    2 RICHI CIRCUITRONIX PRIVATE LIMITED DELR33029D 423333 0
    TOTAL 734250 0

    Details of Taxpayer Information Summary (TIS)


    S.NO INFORMATION CATEGORY DERIVED As Per Computation Difference
    . VALUE(Rs.)

    Page 2
    NAME OF ASSESSEE : RICHA BAJAJ A.Y. 2022-2023 PAN : AWKPB9526G Code :86

    1 Salary 734250 RICHI CIRCULTRONIX 734250 NIL


    PVT LTD
    2 Dividend 19 Dividend From Shares 19 NIL
    3 Sale of securities and units of mutual fund 104812
    4 Purchase of securities and units of mutual funds 59997
    Interest from savings bank - Interest from saving bank 5216 5216
    a/c
    Receipt of commission etc. on sale of lottery tickets - Other- Sources->Other 4812 4812
    Income

    Signature
    (RICHA BAJAJ)
    Date-04.04.2023
    CompuTax : 86 [RICHA BAJAJ]

    Page 3

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