Name of Assessee NIKHIL JAIN

Father's Name MUKESH JAIN

Address .,.,Pratap Nagar Sector 11
S.O,Sanganer,JAIPUR,JAIPUR,RAJASTHAN,302033
E-Mail [email protected]
Status Individual Assessment Year 2024-2025
Ward ITO WD 1(1), JPR Year Ended 31.3.2024
PAN CEAPJ1118J Date of Birth 13/02/2002
Residential Status Resident Gender Male
Nature of Business OTHER SERVICES-Other services n.e.c.(21008),Trade Name:Nikhil Printers
A.O. Code RJN-W-101-1
Filing Status Original
Last Year Return Filed u/s Normal
Aadhaar No: 703533411070 Mobile No Linked with Aadhaar
Bank Name KOTAK MAHINDRA BANK LIMITED, , A/C NO:7345313451 ,Type: ,IFSC:
KKBK0003554, Prevalidated : Yes, Nominate for refund : Yes
Tele: Mob:7062371280

Computation of Total Income [As per Section 115BAC (New Tax Regime)]

Income from Business or Profession (Chapter IV D) 5,17,464

Income u/s 44AD 5,17,464

Income from Other Sources (Chapter IV F) 1,08,307

Interest From Saving Bank A/c(as per Annexure) 296

Interest on F.D.R.(as per Annexure) 11
Interest From Parties 1,08,000
1,08,307

Gross Total Income 6,25,771

Less: Deductions (Chapter VI-A)

u/s 80C
L.I.P. 3,938
3,938
u/s 80D
Own Family Preventive Health Checkup 5,000
Own Family Medical Insurance Premium 8,756
Total Payment Rs. 13,756
Allowable Deduction(Assessee has opted New Tax 0
regime. Only deductions u/s 80CCD(2), 80CCH(2),
80JJAA are allowable [Refer 115BAC (2)(i)])
Total Income 6,25,771
Round off u/s 288 A 6,25,770
Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.

Tax Due (Exemption Limit Rs. 300000) 17,577

Rebate u/s 87A 17,577
0
T.D.S./T.C.S 10,775
NAME OF ASSESSEE : NIKHIL JAIN A.Y. 2024-2025 PAN : CEAPJ1118J Code :AUTO-00003

-10,775
Refundable (Round off u/s 288B) 10,780

Tax calculation on Normal income of Rs 6,25,770/-

Exemption Limit :3,00,000
Tax on (6,00,000 -3,00,000) = 3,00,000 @5% = 15,000
Tax on 6,00,001 to 6,25,770 = 25,770 @10% = 2,577
Total Tax = 17,577

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

T.C.S. 10,775
Due Date for filing of Return July 31, 2024
Income Declared u/s 44 AD Nikhil Jain
Gross Receipts/Turnover (Other than ECS/Cheque/DD) 0.00
Gross Receipts/Turnover (ECS/Cheque/DD Mode) 1365263.00
Gross Receipts/Turnover (Cash Receipt) 0.00
Gross Receipts/Turnover (Total) 1365263.00
Book Profit 517464.00 37.90 %
Deemed Profit(Other than ECS/Cheque/DD) 0.00 8.00 %
Deemed Profit(ECS/Cheque/DD Mode) 81915.78 6.00 %
Net Profit Declared 517464.00 37.90 %

Bank Account Detail

S.N Bank Address Account No IFSC Code Type Prevalidated Nominate for
. refund
1 KOTAK MAHINDRA 7345313451 KKBK0003554 (Primary) Yes Yes
BANK LIMITED

GST Turnover Detail

S.NO. GSTIN Turnover
1 08CEAPJ1118J1ZS 1365263
TOTAL 1365263

Details of Interest From Bank

S.NO. PARTICULARS AMOUNT
1 KOTAK MAHINDRA BANK LIMITED 295
2 IDFC BANK LIMITED 1
TOTAL 296

Details of Interest on F.D.R.

S.NO. PARTICULARS AMOUNT
1 KOTAK MAHINDRA BANK LIMITED 11
TOTAL 11

Details of T.C.S.(26 AS Import Date:24 Jul 2024)

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NAME OF ASSESSEE : NIKHIL JAIN A.Y. 2024-2025 PAN : CEAPJ1118J Code :AUTO-00003

S.No Name of the Collector Tax Deduction and Tax Total tax collected Amount out of (4)
Collection Account claimed during the year
Number of the Collector
1 K.S. MOTORS PRIVATE LIMITED JPRK02052B 10775 10775
TOTAL 10775 10775

Details of Taxpayer Information Summary (TIS)

S.NO INFORMATION CATEGORY DERIVED As Per Computation Difference
. VALUE(Rs.)
1 GST purchases 1327424
2 GST turnover 1365264
3 Interest from deposit 11 Interest on FDR 11
Interest from Parties 108000
108011 -108000
4 Interest from savings bank 296 Interest from saving bank 296 NIL
a/c
5 Purchase of securities and units of mutual funds 3000
6 Purchase of vehicle 1077499
Business receipts Total Gross 1365263
Receipts/Turnover (44AD)
1365263 1365263

Detail of assets and income given in return form

Balance Sheet
Liabilities Assets
S.No Particulars Amount S.No Particulars Amount
1. Partner/Member 0 1 Fixed Assets 0
capital
2. Secured Loans 0 2. Inventories 0
3. Unsecured Loans 0 3. Sundry debtors 0
4. Advances 0 4. Balance with banks 0
5. Sundry Creditors 0 5. Cash in hand 34750
6. Other liabilities 0 6. Loan and advances 0
7. Other Assets 0
Total 0 Total 34750

Signature
(NIKHIL JAIN)
Date-26.07.2024
CompuTax : AUTO-00003 [NIKHIL JAIN]

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