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Filed ITR 5 online :- Basic Guide to filed income tax return - ITR 5 online

INDIAN INCOME TAX RETURN

[For individuals and HUFs having income from a proprietary business or profession]

(Please see Rule 12 of the Income Tax-Rules,1962)
(Also see attached Instructions)

itr online,itr 5,income-tax return 5, itr online,e filing itr 5,e filing guides,You are reading Income Tax Act,1961. You are reading the Brief Description with Short and Simple method of Prepared Income tax Return Form ITR-5. You are reading the Income tax Return form ITR-5 in this all column and details available to fill up Online Income tax return. You are also Prepared Income tax Return by Self of taxpayer.All assesses or taxpayer want to guide about ITR Return online filed. Now a day, very simple and easy step with instruction to prepared ITR 5 excel utility software and generated XML file and upload ITR return in income tax webpage. All people want to know about ITR return. Here we are provide to some basic instruction to help for an assesses and taxpayer. as under guide to introduce the ITR 5 excel utility file or PDF file. First taxpayer wants to file ITR online by self. Give a some basic details. like, PAN Card, Bank Statement or Passbook, Profit & Loss, Balance Sheet of Business as on Date  Learn How to Prepare Balance Sheet and Profit & loss Account. Income From house property – House rent register, Annual rent income, Income from other sources – Bank Interest, F.D. Interest, Share Dividend Income, Bank Share Dividend Income, Commission ,Brokerage, etc.. ..Plant Machinery Rent Income, Factory Shed Rent Income, Vehicle Rent Income, etc.... called a Income from other sources. ITR online e filing return process start here,  Basic Knowledge of Profit & Loss A/c .here we are try to understand all assesses to Prepared Profit & Loss A/c as under Format of  For Example any Manufacturing Company Carry  on Business to Guides a Filed a ITR Return.
Assessment Year for which this Return Form is applicable
This Return Form is applicable for assessment year 2017-18 only, i.e., it relates to income earned in Financial Year 2016-17. 


Who is filed ITR 5 Return Form :- Any assesses or taxpayer earn Business Income Like Proprietorship Business or Partnership Firm Business But ITR 5 is filed by only Partnership Firm filed ITR 5 form. Partnership Firm earn Profit and share Partnership Remuneration,Partner Interest, Income-Tax Provision, Expenses Provision after less amount is called Net Profit. This Net profit is liable to pay Income-Tax rate is Flat 30.90%. This type assesses or taxpayer liable to filed ITR 5 online return. Let’s start Know what is ITR 5 and how to fill up and filed ITR 5 online.

First Download ITR 5 Excel utility software Click Here to Download excel file. ITR 5 Download- Excel Utility Software  The open the excel file. You need Microsoft word in 2007 for filed ITR return. Open the file you see the above in under title bar is Option, Click to option box and you see the two option, click on second option and Press Click on OK. Then you see the one label in excel utility file. This process Completed after active income tax software. Total 32 schedule in excel utility file. All assesses or taxpayer not compulsory fill up all schedule. But must be fill-up necessary schedule. All schedule as per under with description.

     Part A General :-      Personal Information about assesses like 
Full name of Partnership Firm - As Per PAN Card.
If you have any changes in Partnership Firm Name - If any changes in Partnership Firm For Example, New Partner Joining or Old Partner Leave a Business.Any Changes Update your Changes As Per New Partnership Deed.
PAN No. - Write here PAN Number. As Per PAN Card Allotted by Income-Tax Department.
Limited Liability Partnership Identification Number - If ITR Company registered in MCA to Provided to Identification Number.
Date of Incorporation :- As Per PAN Card.
Full address :- As Per Partnership Firm Deed or As Per Rent Agreement. Update your Corporate or Official Office Address.
City:- City Name
District :- District Name
State :- State Name
Country :- India.
Pin Code :- Pin Code of City.
Registered email address :- Give a Registered E-mail Address in Income-Tax website.
Registered mobile No.:- Give a Registered Mobile Number in Registered Income-Tax website.
Status :- Choose a Status of Company. As Per List.
1.Firm
2.Local Authority
3.Cooperative Bank
4.Cooperative Society
5.Limited Liability Partnership
6.Any Other AOI - BOI
7.Private Discretionary
8.AJP
Income tax ward/circle/Jurisdiction :- Click here to Know Your Jurisdiction
Residential Status  :-  if you have citizen of India, Choose India. But you are a citizen of any other country, choose NRI -Non-Resident. 

all are fill up by assesses. if you have not  understand Please choose Option NO. Filed Return which section Always select this section- 11-on or before Deducted 139(1).

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Part A General Information
whether original or revise return?- If you filed this return in this year one time so please select original, if you filed return is second time in this same year please select Revised. if you select revised option to give Original return Acknowledgment no. and Filed Date. 

Notice No.(whether the original return filed was defective and a notice is issued to the assesses to file a fresh return sec.139(9). Give a details if you have received any Notice send by Income-Tax department.

If Filed, in response to a notice u/s 139(9)/142(1)/148/153A/153C/ enter Date of such notice,or u/s 92CD enter date of Advance Pricing agreement. :- Received a notice to give a date of issuing notice.

Whether any Transaction has been made with a  Person located in a Jurisdiction notified  u/s 94A of the act ? :- Yes or No

In case of Non-resident,is there a permanent Establishment (PE) in India ? :- Yes or No.
Whether You are an FII/FPI ? :- Yes or No.
if Yes, Please Provide SEBI Regd.No.

Whether liable to maintain accounts as per section 44AA ? :- Yes or No.
after completed fill up this schedule to click on validate. If your Business Liable to Audited to Compulsory Choose a Option. Are you liable to for audit under section 44AB?  if not applicable to Audit. Then Select -No., 
If Choose Yes to Give a Details of Auditor. 

Like Date of Audit Furnishing of the Audit Report.

Name of the auditor signing the tax audit Report. :- Auditors Name
Membership no. Of the auditor :- C.A. Membership No.
Name of the auditor Proprietorship/firm. :- Auditors Name.
PAN of the Proprietorship/firm. PAN of Auditor.
Date of Audit Report. :- Date of Audit.


Schedule of Part A General -2. Partners/Members Information: - Give a Partnership Firms Partner Details. As Per Partnership Deed. or Give a Members or Directors Details. As Per Memorandum. as per below format.
1. Name of the Partner/Members :- 
2.Admitted/Retired :- Give a Detail any partner not active in Business so select Retired otherwise select a Admitted.
3.Date of Admission :- Give a Partnership Deed Date. but any changes in Partners in any year to New partners admission date is Changes Partners ship Deed. if no changes in partner in every year. so provide a Partnership Deed Date.
4. Percentage of Shares :- Give a details of Percentage of Share in Business. As Per Partnership Deed or Company Memorandum.

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Part A General Information 2
Is any Member of the AOI/BOI a foreign Company ? :- any member in partnership in Foreign company. yes or No.

If yes, Mention the Percentage of share of the foreign Company in the AOI-BOI.

Particulars of person who were Partners/Members in the Firm/AOP/BOI/ Settler/Trustee/Beneficiary in the trust on 31st day of March.:- Give a Details of Partners as below format.

Name :- Name of Partner/Members
Address:- Address of Partner/Members.
City:- Name of City stay in Partner/Members.
State:- Name of State stay in Partner/Members.
Pin Code :- Provide a Such Pin Code of Partner/Members City.
Percentage of Share :- As Per Partnership Deed or Memorandum to Provide a Such Percentage of Share each Partners/Members.
PAN :- Provide a PAN No. Each Partners/Members.
Designated :- Provide a Partners Working Designation.
Partner Identification No. in Case Partner in LLP :- if Partnership Firm is under registered as a LLP in Ministry of Corporate Affairs to Provide a Partner Identification No.

Status Code :- As Per Below choose status Code of Partner.
1. Individual. 
2.HUF
3.LLP
4.Domestic Company
5.Foreign Company
6.Co Operative Society
7.Local Authority
8.Trust
9.AOP-BOI
10.Any other AJP
11.Principal Officer
12.Settler
13.Trustee
14.Beneficiary

Rate of Interest :- Partnership Firm or Company Paid a Interest in Partner.Give a Rate of Interest. Mostly Income-Tax Act 12% Per Year is standard rate of Paid Interest. if any changes in Partner Interest rate. Give a Details.

Remuneration paid/Payable :- Give a Details of Paid of Remuneration in each Partners/Members. As Per Profit and Loss A/c or Partnership remuneration/Salary Account.  

Nature of Business:-

Choose a Code of Nature of Business to treat your business in this as below format like
Code :-
Trade name of the Proprietorship Firm/Local Authority/Domestic Company/Co Operative Society etc.., if any.
What is Code :-  Income tax Department Generated a all type of business to convert a code like as under see the all code of business. Taxpayer choose your business code.
Manufacturing Business
0101-Agro Based Industries     
0102- Automobiles and Auto Parts
0103-Cement
0104-Diamond Cutting
0105-Drug and Pharmaceuticals
0106-Electronics including  Computer hardware
0107-Engineering Goods
0108-Fertilizers,Chemicals,Paints
0109-Flour and rice mills
0110-Food Processing Units
0111-Marble and Granite
0112-Paper
0113-Petroleum and Petrochemicals
0114-Power and Energy
0115-Printing and Publishing
0116-Rubber
0117-Steel
0118-Sugar
0119-Tea,Coffee
0120-Textiles,Hand loom,Power looms
0121-Tobaco
0122-Tyre
0123-Vanaspati and Edible Oils
0124-Manufacturing Industries-Others
Trading Business                              Agents Business
0201- Chain Stores                          0301-General Commission Agents
0202-Retailers                                 0401-Buiders
0203-Wholesalers                            0402-Estate Agents
0204-Trading-Others                        0403-Property Developers
                                                    0404-Builder’s –Others

Contractors Business                  Professionals Business

0501-Civil Contractors                    0601-Chartered Accountants
0502-Excise Contractors                 0602-Fashion Designers
0503-Forest Contractors                  0603-Legal Professionals
0504-Mining Contractors                 0604-Medical Professionals
0505-Contractores-Others                 0605-Nurshing Homes
                                                    0606-Speciality Hospitals
                                                    0607-Professionals-Others
Agencies or Services Business
0701- Advertisement Agencies
0702-Beauty Parlor
0703-Consultancy Services
0704-Courier Agencies
0705-Computer training/Educational and Coaching Institutes
0706-Forex Dealers
0708-Hotels
0709-I.T.Enabled services,BPO services Providers
0710-Security Agencies
0711-Software Development Agencies
0712-Transporters
0713-Travel Agents, tour operators
0714-Service sectors-others

Financial Services Business                  Entertainment Industries
0801-Banking Companies                          0901-Cable T.V Productions
0802-Chit Funds                                      0902-Film Distribution
0803-FinancialInstitutes                            0903-Film Laboratories
0804-Financial Service Providers                 0904-Motion Pictures Products
0805-Leasing Companies                          0905-Television Channels
0806-Money Lenders                             0906-Entertainment Industries-others
0807-Non banking Financial Company
0808-Share Brokers, Sub-Brokers etc..
0809-Financial Service Sectors-others

01001- Other Sectors


Schedule of Balance Sheet :-  This Schedule is very imported to all taxpayer or assesses because this schedule is know the Balance of 31st March, Closing Balance in Include In partners Capital, Loan,Liability,Unsecured Loan,Secured Loan,Sundry Creditors, Unpaid Tax,Tax liability,Provision of Tax, Provision of Expenses,Deferred tax liability, etc... shown the about company.
Fixed Assets,Investment,Movable Property, Immovable Property, Land Investment,Securities Investment,Share Investment,Fixed Deposits,Sundry Debtors,Loan & Advances, Advance Payment,Cash on hand,Bank Balance, Raw material, Fished Goods,etc.. in shown the about Company Closing Balance  as on 31st March. This Balance sheet prepared by Accountant or Owner of Partnership or Firm. As below show the Form of Balance Sheet.
M/s. Demo Company Co./LLP



66/B,Mahadev Nagar Road,Ahmedabad

PAN No.:AAAAA4560A
Balance Sheet
From 01/04/2015 To 31/03/2016
Particulars
Liability
Asset
Source Of Funds



Capital Account
PARTNER NUMBER 1
78113.00

PARTNER NUMBER 2
56113.00


144226.00

Duties & Taxes
TDS (Jobwork) A/c.
267.80

TDS A/c.
212.18

Vat Payable A/c
36766.54


37246.52

Unsecured Loans
FRIENDS LOAN A/C
35000.00

RELATIVES LOAN A/C
80000.00

OTHER PERSON LOAN A/C
60000.00


175000.00

Sundry Creditors
189340.72

Sundry Debtors
614.00

Net Profit :
128091.72

122251.72:Current Net Profit  NP:7.64 %
  5840.00:Previous Net Profit


Application Of Fund



Fixed Assets
Computer Asset A/c.

15000.00
Furniture Assets A/c.

25000.00
Vehicle Asset A/c.

28000.00


68000.00
Sundry Creditors

1404.21
Sundry Debtors

220560.00
Bank Accounts (Banks)
B. O. B. A/c.

75899.00
S. B. S. A/c.

26830.00


102729.00
Cash-in-hand
Cash Account

157825.75


57825.75
Stock-in-hand
Stock In Hand

124000.00


124000.00

674518.96
674518.96



As below Introducing a word of use in Balance Sheet. 
Balance sheet :- Now we are Introducing a Main Part of Business. This Schedule is compulsory fill up by assesses or taxpayer. This schedule is Called Balance Sheet. Definition of Balance sheet. This is a one type of Report to shown Companies Prestige and Goodwill. This report shown a Companies Strength. Balance sheet is shown Partner’s Capital,Loan,Creditors,Liability of Tax or Government. This is Liability of Companies. then opposite side shown Assets, Investment,Advances,Cash Balance,Bank Balance,Revenue received from Government,Debtors. This is Assets or Companies. If More than assets is shown reality of companies Strength. As below Introducing various words in use of Balance Sheet.
 
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Balance Sheet
Proprietors/Partner’s/Members Capital :-  This word is shown a Companies Capital or Partners Details. when start a company, how many rupees invest in business. and now which position of Capital Balance.

Reserve and Surplus :- This word is shown a Companies Goodwill or Reserve amount like Company decided to Some Percentage in Net Profit of Companies. This type Reserve Fund use of Benefit of Employees, Other expenses for Companies Capital Expenses.

Loan & Funds :-  This word is shown a Companies Liability like when company started a some capital but required business growth to Give a Loan From Bank,Relatives,Other Finance Company etc.. received a amount in loan.Two types of Loan :- 1. Secured Loans. 2.Unsecured Loans.
First Learn Secured Loans. Secured loan give a Banks or Finance Company or friends or relatives for growth of business carry on. but this type loan borrower take a against assets or shares or securities. Like Bank give a loan against property. Companies paid yearly or monthly interest in standard Rate of interest.

2. Unsecured Loans :- Unsecured loan give a Banks or Finance Company or Friends or relatives for growth of business carry on. but this type loan not mortgage against property.stock,securities. this type of loan is not secured.

Deferred Tax Liability :-  This word is shown a Companies Unpaid Tax or Provision of Tax. Like Unpaid Advocate Fees, Income-Tax,Sales-Tax,Service-Tax,etc... provision of Unpaid Tax. or other provision like Unpaid Electricity Bill, Telephone Bill, Unpaid Labor Charges. This is a Journal entry pass in end of 31st March.

Fixed Assets :- This world is shown a Fixed assets of Companies. Like a Land,Shops,Building, Two types of Fixed Assets. 1. Movable Fixed Asset. 2. Movable Fixed Assets.

1.    Immovable Fixed Assets :- This type of Immovable fixed asset like Building, Land,House,Shed. This assets is not movable and when want to sale not received on the post money. so this type of assets is called immovable Fixed Assets.
   2.   Movable Fixed Assets :- This type of Movable fixed assets like God,Ornaments,Vehicle,Factory Shed,Machinery. This assets is movable means On the Spot sales income received. so this type of assets is called movable Fixed Assets.

Gross Block means Gross Value as on 31st March. This value is Gross Block value.
Depreciation means when use of assets in Business to Income-Tax Act under as per standard Rate of Depreciation.( Click here to know Depreciation Rate) exempt in Profit of Business.

Investment :- When company started, all are Partners invest in long term or Short term invest in Foreign Company, Share company,other invest. here we are Introducing a Type of Investment.
  1. Long Term Investment. :-  First Advise is Invest in Property. then Invest in Equity Shares in Listed or Non-Listed Company.Preference Share Purchase in any Reputed Company.Invest in Government or Trust Securities. Purchase Debenture or Bond in Listed or Non-Listed Company.Mutual Funds. Other way to Invest for long term or Short term Business.
2. Short Term Investment. :-  First Advise is short term Invest in Equity Shares in Listed or Non-Listed Company.Preference Share Purchase in any Reputed Company.Invest in Government or Trust Securities. Purchase Debenture or Bond in Listed or Non-Listed Company.Mutual Funds. Other way to Invest for long term or Short term Business.

Current Assets Loan And Advances :- Company invest in Current Assets like Paid money in short term period for interest. Other than company deducted a T.D.S. on Income.etc... Advance or Outstanding Revenue is called Current Assets.

Company Stock like Raw Material Stock,Work In Progress, Finished Goods,Stock in trade in respect of Goods acquired for Trading,Stores/Consumables Including Packing Material. This word is Stock in definition is very large.

Sundry Debtors :- Company sales a good in merchant or other company so receivable amount in party called sundry debtors.

Cash Balance :- This is very important for start a business.
Bank Balance :- This is very important For remember to receivable amount against sales.

Other Current Assets :- This word is etc... current assets like T.D.S. Receivable, Interest Receivable, Advance Tax paid,etc.. is called Other Current Assets.
Click here to Know How to Prepared Balance Sheet.


Schedule of Profit & Loss This Schedule is very important to return e filing for this schedule give a details of 1st April to 31st March Business Details. like Gross Turnover, Purchase, Direct Expenses, Direct Income,Sales Tax, Excise Tax, Other Operating Tax, Opening Stock,Closing Stock,Indirect Expenses, Indirect Income, all are Business relevant details Provide her.See as below to learn what is Profit And Loss Account and Trading Account.

This is Trading Account.

                           Demo Compan Co./LLP



66/B, Mahadev Nagar Road, Ahmedabad

PAN No.:AAAAA4560A
Trading Account
From 01/04/2015 To 31/03/2016
Particulars
Liability
Asset
Source Of Funds



Job-work (Trading)
Job-work Income A/c.
94000.00


94000.00

Sales Account
Sales A/c. (12.5%)
1050742.40

Sales A/c. (CST)
273960.00

Sales A/c. (Vat 4%)
275370.00


1600072.40

Income
Packing & Forwarding A/c.
1200.00


1200.00

Closing Stock(Trading)
Closing Stock
124000.00


124000.00

Application Of Fund



Job-work (Trading)
Job-work Exp. A/c.

26000.00


26000.00
Opening Stock(Trading)
Opening Stock

60250.00


60250.00
Purchase Account
Purchase (CST 3%)

378117.64
Purchase (Vat 12.5%)

850924.00
Purchase (Vat 4%)

279306.10


1508347.74
Expenses
Octroi Exp. A/c.

4115.00
Truck Rent A/c.

4590.00


8705.00
Gross Profit
Gross Profit

215969.66


215969.66

1819272.40
1819272.40




                This is Profit and Loss Account.

Demo Company Co./LLP



66/B,Mahadev Nagar Road,Ahmedabad

PAN No.:AAAAA4560A
Profit & Loss Account
From 01/04/2015 To 31/03/2016
Particulars
Income
Expense
Income



Gross Profit GP:13.50 % :
215969.66

Income (Other Then Sales)
Repairing Charge A/c.
6350.00


6350.00

Expense



Expense Account
Advertisement Exp. A/c.

23250.00
Kasar A/c.

170.23
Light Bill (GEB) A/c.

7393.00
Office Exp. A/c.

4728.00
Paper & Mag. Exp. A/c.

550.00
Petrol Exp. A/c.

2200.00
Salary A/c.

48000.00
Stationary Exp. A/c.

666.00
Telephone A/c.

9230.00
Traveling Exp.

3880.71


100067.94
Net Profit NP:7.64 % :

122251.72

222319.66
222319.66


As below Introducing word of use in Profit & Loss A/c.
First we are learn to what is Profit & Loss A/c. Profit and Loss account is one type of report to shown a Companies Turnover,Closing Stock,and Gross Profit and Net Profit. Profit And Loss account is shown a actually position of Companies. like Companies Revenue From Operation means which type of Income earn from sales Income,Gross receipts of Business,Sale of Services, Other Operating Revenue. The Company earn any type of Legal Business Income. as below shown a 
[A] Revenue from Operations/Income/Receipt.
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Profit & Loss A/c
1. Sales/Gross receipt of Business.
2.Sale of Goods
3.Sale of Services.
4.Other Operating Revenue. ( Please Specified Name of Earn Income)
[B] Duties,Taxes and Cess, Received or Receivable in respect of Goods and Services sold or Supplied. :- Give a Details of any tax received in Sales or Gross Receipt to Received or Paid a Tax like Sales Tax,Vat Tax,Union Tax,Service Tax,any other tax or Duty paid.

Other Income:-   This Column is give a Other income earn company by any way like Rent Income, Commission Income,Dividend Income,Interest Income,Profit Earn to Sale of Fixed Assets or Machinery or Vehicle, Profit on sale of other investment,Profit on Account of currency fluctuation or any other operative income.

Closing Stock :- This column is give a Details of Closing Stock as on 31st March. Raw material Stock, Work in Progress. Stock in Stores or Consumable.
Opening Stock :- This column shown old stock opening balance.as per your profit and loss a/c.
Purchase :- This column give a Purchase like Purchase of 4+1%, 12.50+2.50%,Retail Purchase, Purchase Return,Debit Note,Credit Note etc.. in definition involve in Purchase.
As below Expense give a Details in this Column. As per Your Profit & Loss A/c.
Duties and taxes Paid on Payable in respect of Goods and Services Purchase.
1.Custom Duty
2.Counter Veiling Duty.
3.Special additional Duty.
4.Union Excise Duty.    
5.Service Tax.
6.Vat/Sales Tax
7.Any other tax paid or Payable
Freight
Consumption of stores and spare parts
Power and Fuel
Rents
Repairers to Building
Repairers to Machinery
Compensation to employees :- Salaries and wages
Bonus
reimbursement of Medical expenses  
Leave encasement
Leave travel benefits.
Contribution to approved superannuation fund 
Contribution to recognized Provident Fund
Contribution to recognized gratuity fund
Contribution to any other fund
any other benefit to employees in respect of which and expenditure has been incurred.
whether any compensation, Inclued in 14xi, Paid to Non-resident.
If yes,amount paid to non-residents.
Insurance :-
Medical Insurance
Life insurance
Key man's Insurance
Other Insurance including factory,office,car,goods etc. 
Workmen and staff welfare expenses
entertainment
Hospitality
Conference
Sales Promotion Including Publicity 
Advertisement.
Commission :-
Paid Outside India, or Paid in India to a non-resident other than a company or a foreign company
To others
Royalty
Paid Outside India, or Paid in India to a non-resident other than a company or a foreign company
To others
Professional/Consultancy fees/ fee for technical services.
Paid Outside India, or Paid in India to a non-resident other than a company or a foreign company
To others
Hotel,Boarding and Lodging.
Traveling Expenses other than on foreign traveling
foreign traveling expenses
conveyance expenses
Telephone/Mobile Expenses
Guest House Expenses
Club expenses
festival Celebration expenses
Scholarship
Gift
Donation
Rates and taxes ,Paid or Payable
1.Union excise duty
2.Service tax
3.Vat/Sales tax
4.Any other rate,tax duty or cess.
Audit Fee
Any other expenses
Bad debts,
Provision for bad and doubtful debts
other provisions
Interest - Paid to outside India,or Paid in India.
1.To Partners
2.To Others
Paid in India or Paid in a Resident
To Partners
To Others
Depreciation and amortization
Provision for current tax
Provision for deferred tax and deferred liability
Balance brought forward from previous year
Transferred to reserve and surplus.

or 
In Cash Where regular books of account of Business or Profession are not maintained furnish the following information for previous year 2014-15 in respect of business or profession.
1.Gross Receipt/Sales/Income
1.Gross Profit         
2.Expenses
                   
If any taxpayer maintained Cashbook, Day book,Bank Book, Every day sales amount, Purchase details,Expenses Details etc...

This is very Imported to Calculate Income tax.

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Part- AO-I
Part A-0I :-  This Schedule is shown the Companies account Policy. Company or Partnership Firm Maintain Books of account in Mercantile System or Cash System. Closing Stock calculation Method.Disallowed any Tax or Provision for calculation of Income tax. see the Opp.Image.
1.Method of accounting employed in the previous year ? This question asked for accountant, which method use in account like cash or mercantile. Mostly select a mercantile method use in account.
2.Is there change in method of accounting ? 
This question asked for if you have change in your accounting method. select in yes or No.
3.Method of valuation of closing stock employed in the previous year. ? This question asked for if you have maintain quantity or stock. which method use of stock  valuation in your account.
As Per Raw material valuation. Finished Goods Valuation.
4.Is there change in stock valuation method ? This question asked for any changes in stock valuation method.
5.Effect on the profit and loss because of deviation,if any, from the method of valuation prescribed u/s 145A. ? If any changes in stock valuation method. which date of effect in valuation method in account Book or stock maintained book.      

Quantity Details :- This Schedule is shown the fill up the Closing Stock. Here we are learn to 3 types of stock calculation system. 
1.In Case of company carry on business in Trading concern. Give a as under details fill up the schedule.
Item Name :-   if you have maintained account with quantity. write here item name like clustered, mustered, Tobacco, Dal,etc... 
Unit :- Company maintained account with quantity in which unit. like Grams,Kilograms,Liter,Kiloliter,meter,kilometer,numbers,Quintal,Ton,Pound,
milligrams,carat,k watt,m watt,Inch,Feet,Sq-ft,acre,cubic-ft,sq-meter,cubic-meter,residual. only choose one unit related your business.
Opening Stock :- Give a details of opening stock of quantity as per your last year account.
Purchase During the Previous/Current Year :- Give a details of Purchase the during current or previous year quantity.
Sales During the Previous /current year :- Give a details of Sales the during current or previous year quantity.
Closing Stock :- Give a details of Closing stock in quantity.
Shortage or Excess If any :-
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Trading Concern
For Example :-  you see the image of Illustration of Quantity. you see the Computer hardware and software company carrying on but sometimes some stock excess and some stock shortage shown in accounting inventory.

In Case of Manufacturing Concern :-
Give a as under details fill up the schedule.
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Manufacturing Concern
Item Name :-   if you have maintained account with quantity. write here item name like clustered, mustered, Tobacco, Dal,etc...  in manufacturing of some other products like some company purchase a Chana in lot of quantity and after manufacture sale of Besan, in use of Gujarati Foods.
Unit :- Company maintained account with quantity in which unit. like Grams,Kilograms,Liter,Kiloliter,meter,kilometer,numbers,Quintal,Ton,Pound,
milligrams,carat,k watt,m watt,Inch,Feet,Sq-ft,acre,cubic-ft,sq-meter,cubic-meter,residual. only choose one unit related your business.
Opening Stock :- Give a details of opening stock of quantity as per your last year account.
Purchase During the Previous/Current Year :- Give a details of Purchase the during current or previous year quantity.
Sales During the Previous /current year :- Give a details of Sales the during current or previous year quantity.
Consumption during the previous year :- we are learn to how to process and calculation to consumption in stock.
    
 If any taxpayer or assesses not maintained Books of Account to As per under fill up details like Amount of Total Sundry Debtors,Amount of Total Sundry Creditors,Amount of Total Stock-in-Hand,Amount of Total Cash in hand.

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,
Computation of Income
Part B-TI-TTI :- This schedule is compulsory provide details by assesses because this schedule generated your acknowledgement after uploaded return. we are try to know here Computation of Income. after assesses Provide a Valid All Bank accounts Name, No. of Bank Accounts, Banks IFSC Code,Account Type like Savings,Current. here mostly current open for business purpose. No.of Account, Main Partner/Director's name Father Name, Main Director /Partner name, Which city head office of company provide a place,Date,PAN No. of Partner/Director. This schedule is very imported by Print of acknowledgment receipt. after completed fill up this schedule to click on validate.See the Image for know how to treated or Shown Computation of Income.



Name of Assessee /Company:- Incometaxonlineguides

PAN NO.

AAAAA2255A







Residential /Company Address 3rd Floor, Nr.Tower,








Opp. Temple,Banglore.








India









Status



Individual/Company/HUF/AOI/BOI/Coopcredit Society/Co op Bank/Firm/Company/


Ward/Circle/Jurisdiction 

WARD-2/CITY NAME Know More visite here :-www.incometaxguides.in


Sex


Male/Female

Assessment Year  2016-2017

Residential Status
Resident /Non-Resident
Financial Year
2015-2016

Name of Bank
As Per Your Current/Savings Banks Name Date of Birth/Date of Incorporation 22/12/2015

IFSC Code
BARB0INDMEH







Account No.
212652545213251







Return Original/Revised















COMPUTATION OF INCOME















Income From Business or Profession 






2522160

Net Profit - As Per Profit & Loss Account




2512450




Add  Depreciation

325460








Partner's Remuneration
855250








Partner's Interes

395730

1576440












4088890




Less  Depreciation

325750








Partner's Remuneration 
855250








Partner's Interest

385730

1566730












2522160





















Gross Total Income



2522160














               Calculation of Income Tax

Tax on Total Income
2522160









Income From Tax Payable 2522160

























Income Tax 

756648







Add :- Education Cess

151330








Surcharge

75665

983642

















Tax Deducted at Sources/Self-Assesment Tax









Advance Tax


250000







Tax deducted at sources

450000







Tax Collected at Sources

0







Self-Assessment Tax

283642

983642






Income Tax Payable / Refundable

     NIL





Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,
Information of Tax
IT :- This schedule is provide details of self assessment tax or advance tax details.If any taxpayer or assesses paid advance tax or after income tax calculation paid a self assessment tax. provide details of Bank BSR Code,Date of Deposit,Serial no.of challan,Amount paid in bank. after completed fill up this schedule to click on validate.

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,
TDS/TCS/Immovable Property Tax
TDS :- This schedule is provide details of Tax deducted in salary or other sources.like, if any assesses received rent in more than 1,20,000/- in a year. so, deductee compulsory deducted tax. Provide details as per form no. 16A or View 26AS credit ,TRACES . If any assesses deducted tax on salary, as per form no.16.Provide details of TAN No.of deducted, Name of employer or deductor,which income deducted or chargeable,total tax deducted amount. after completed fill up this schedule to click on validate.

TCS :- This schedule is provided details of Tax collection at sources. this schedule is not necessary for common or simple return.avoid this. after completed fill up this schedule to click on validate.

Details of Immovable Property Tax :-if any assesses or taxpayer buy or sell immovable property in current year or previous year, attention to i am inform you, Central Government change in rules of Sale or Buy a Property to compulsory tax deducted at buy or sales amount and credited to Bank Deposit. fill up details in income-tax return form in schedule of Information of Tax deducted. PAN No. of Buyer, Name of Buyer, TDS of the current year, claimed amount of TDS.

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,
House Preperty
House Property :- This schedule is get details of Income from house property, if assesses earn rent income from house,land,garden,etc.. in built land and construction called house rent income. assesses get details of tenant name,PAN no. address,gross rent income,Paid municipality tax , Housing loan interest amount,as per schedule get details.after completed fill up this schedule to click on validate.

How to Calculation of Income From House Property or Rent Income.

Any company received a Yearly rent  35,00,000/-
Deduction Standard Rate 30%=        10,50,000/-
Taxable Rent Income                      24,50,000/-
Less :- Municipality Tax
          Interest from Home Loan
          Other Expenses like Property Tax 
Note :- if any taxpayer or assesses received a rent income above 1,20,000/- to must be deducted a tax on rent income. but now, 1-Apr-2016 to announce Mr.Finance Minister Arun Jetly rent income limitation increase of 1,20,000/- to 1,80,000/-.
Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,
Business Income
Schedule BP :-  Any taxpayer or assesses invest a money or partnership firm started in India. Partnership Firm earn income and net profit to divided to partner’s Remuneration, Partner’s Interest,Partner’s Capital,Partner’s Profit or Loss received or paid. etc.. Details give a this schedule like Partnership Firms PAN No.,Partners Received Salary,Commission,Remuneration received Details.,Partner’s Interest received on capital,Expenses if any Paid to partners etc.. give a details of any partnership firms earn or received income. As Opposite see the image.

How to Calculate Real Business Income :- 
First fill up details Net Profit 
then Less :- Partner's Remuneration
                  Partner's Interest 
                  Profit from partnership Firm
Other Income :-
                   Bank Interest
                   Other Interest
                   Commission Income (without Business)
                   Brokerage Income
 The less Net income is treated a Net Business Income.

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Depreciation Calculation
Schedule DPM-DOA :-  This schedule is very imported because, give a here details of Depreciation Expense. If any Partnership or Partnership firm Purchase a Machinery,Computer, Furniture,Etc.. movable or immovable Fixed assets to liable to get Expenses in Profit and Loss to Calculate the Depreciation in various item and various rate of depreciation. Income tax department every year in minor changes in Depreciation Rate.

Accounting knowledge For Journal Entry in Accounting Books to
Dr.    Depreciation Account
Cr.    Fixed Assets Account

How to Calculation Depreciation in Fixed Assets.
For Example :- One Company Purchase a Computer for Business use in Rs.40000/- By Chaque Date of Purchase 12/05/2015.

Computer Value is       40,000/-
Depreciation Rate is     60%          (40,000 x60 /100)
Depreciation Amount is   24,000/-

Entry Passed in Books of Account.

Depreciation Account is Debited Rs.24,000/-
Computer Account is Credited Rs.24,000/-

Rate of Depreciation

    Types of Assets                           Rate of    Depreciation         

A - House :-
 Residential House/Home                                          5%.
No residential House/Home                                       10%
Water Supply,Treatment Plant service of Home            100%
Wooden use of Construction in House/Home                100%

B-Furniture And Fittings
Furniture Fitting [with Electric Fittings ]                      10%
Machinery and Plant                                                 15%
Airplane Air Engines                                                 40%
Truck,Buses,Taxi use of Business                               30%
Air Pollution,Water Pollution,                                              
Solid West Controls Equipment,                               100%

 Business Machinery
Energy Savings Devices, Renewal Energy Devices           80%
Computers [with Software]                                         60%
Mold in use of Plastic and Rubber Factory                     30%
Medical Equipment of Life Savings                               40%
Plastic Container in use of Refile                                 50%
Gas Cylinders,Valve,Regulators                                   60%
Books in use of Business or Professional                      60% or 100%
Library in use of Business in Books                              100%

Vehicles
                Vehicle use in sea, Speed Boat,                             20%
                Any type of Commercial Vehicle in
Purchase of 1-1-09 to 30-9-09                                               50%

Intangible Assets
Copyright,Trademark,License,Franchise,Know How,Patent,
Etc.. Use in business rights                                                    25%

Note :- If any assets in use of less than 180 days or 6month to depreciation rate is liable to provision of deduction in 50%.

DEP_DCG :- This schedule not Fill because this schedule is automatically generated rate of depreciation. just see the right value shown this schedule..

ESR :- This schedule is give a details of Deduction expenses in Under Section 35. More Details Visit Here.

CG [Capital Gain] :- This schedule is get details of Capital Gains.we clarification about Two type of Capital Gains.1.Short term Capital Gains.2.Long term Capital Gains. any assesses or taxpayer join with business of Sales or purchase of share Securities,Bond,Govt.Bond,Debenture,Land and Building,House,Factory Shed,immovable properties treated all are in Fixed assets.here we are deeply clarification to how to calculated Capital Gains.Must be required documents of computation of Capital Gains. Purchase Date, Purchase Amount,Expenses details with date and year, Sales Date, Sales Amount, Buyers Name,PAN No. if Assets amount more than 6 Lakhs,Full address, As per Agreement. As per details required to computation of Short term or Long term capital gains.India’s Finance minister declare Index in budget. Index help to guide capital gains. This schedule get details of as per under.
Short term Capital Gains.: More details Visit here.
Long term Capital Gains :- More details Visit here.

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,
Capital Gain
Short term Capital gains :- Any assesses or taxpayer purchase or sale of any type of movable or immovable assets,Investment in securities, share purchase or sales, Mutual funds units, Gold,Silver,Govt.Bond,etc.... investment and earn income in one year. this type transaction treated a Shot term Capital Gains.Income tax Paid rate 15% on Short term Capital Gains.

Long term Capital Gains :- Any assesses or taxpayer purchase or sale or invest any type of movable or immovable assets,investment in securities, share purchase or sales , mutual funds unit, Gold, Silver, Govt.Bond,etc... investment in more than three year any type of fixed assets so this type transaction treated Long term Capital Gains.

As under shown Index for Calculation of Log Term Capital Gains.
As Per Rules, As per criteria apply to calculate the Capital Gains.required a information to calculate the capital gains. Like, Purchase Date, Purchase Amount.Addition Expenses ( Date wise), Sales Date, Sales Amount, as per government announced a Index to correct system to calculate the Capital Gains. Government announced a Index is as under :




1981-82
100
1999-2000
389
1982-83
109
2000-01
406
1983-84
116
2001-02
426
1984-85
125
2002-03
447
1985-86
133
2003-04
463
1986-87
140
2004-05
480
1987-88
150
2005-06
497
1988-89
172
2006-07
519
1989-90
182
2007-08
551
1990-91
199
2008-09
582
1991-92
223
2009-10
632
1992-93
244
2010-11
711
1993-94
259
2011-12
785
1994-95
281
2012-13
852
1995-96
305
2013-14
939
1996-97
331
2014-15
1024
1997-98
351
2015-16
1081

Short term Capital Gains Calculation as under :- Any assesses or taxpayer buy or sale or any type of fixed assets or movable or immovable property, Securities, Trading of Share, Gold Ornament,Silver,Gold, Mutual Fund Units,etc...buy and sale same year. this type transaction treated short term capital gains or short term Profit. This type earn Short term Profit in income tax Flat rate is 15%. other deduction not allowed to short term profit.

Long Term Capital Gains Calculation as under :- Any assesses or taxpayer buy or sale or any type of fixed assets or movable or immovable property, Securities, Trading of Share, Gold Ornament,Silver,Gold, Mutual Fund Units,etc...buy this year and sale after three year. this type transaction treated Long  term capital gains or Long  term Profit. This type earn Long term Profit in income tax Flat rate is 20%. other deduction not allowed to short term profit.But Income tax department announced scheme in when assesses or taxpayer sales of movable or immovable property and then invest in other property to get benefit of investment amount in capital gains. after completed fill up this schedule to click on validate.



Know Agricultural Land Rules is Click here :-

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,
Income From other Sources
Schedule OS :- OS means other sources of Income, any people earn income from not treated in above head to this type earn income is other sources income like Bank Interest, F.D.Interest, Commission,Brokerage, Share Dividend,Bank Share Dividend,Dalali,etc..treated Other sources income. this schedule introduce the this type of income type here. after completed fill up this schedule to click on validate.

]
Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,
Current Year Loss Brought Forward
Schedule CYLA-BFLA :- This schedule is introduce to any taxpayer or assesses earn income but sometimes assesses received  a loss in business or other fixed assets to this type of loss carried forward to next year because next year deduction in earn total income. this type of loss received to add year. after completed fill up this schedule to click on validate.
Current Year Loss carried Forward to next year to get benefit of this loss in next year for saving Income-tax. if you have company loss in this year to last date of submit return is 31st July. 





Schedule CFL :-any assesses or taxpayer or Partnership Firm, Proprietary Firm received a loss in past any year please write here year and amount. after completed fill up this schedule to click on validate.
Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,
Current Year loss Set-off
Current Year loss give a fill up this form and  know which loss sett-of in which income.
See the As Opposite Image :-








Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,
Depreciation Chart
Un-Absorbed Depreciation :- This schedule is give a details of Manufacturing Company Unit. If any unit not work in full year so not liable to deduction of depreciation in profit and loss to give a details of Fixed assets. Some manufacturing company purchase a lot of machinery but actual not work in business. but depreciation expenses deducted in profit. as below schedule is give a details of Fixed assets.
Assessment year
Amount of brought forward unabsorbed Depreciation
Amount of depreciation set off against the current year income
Balance carried forward to the next year
Amount of brought forward unabsorbed allowances
Amount allowance set off against the current year income
Balance carried forward to the next year.
See the  Opposite side image.

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,
ICDS
ICDS :- This schedule is very not imported for taxpayer. but This schedule is give a  disclosure Black money or unaccountable Money. if any taxpayer earn Black money now this day Indian Government take a one chance to Disclose Black money your ITR return. This schedule is Contain only for Disclose Black Money.Indian Govt. shown 10 types of Black money Disclosure here 1.Accounting  Policies.2.Valuation of Inventories.3.Constructions Contracts.4.Revenue Recognition.5.Tangible Fixed Assets.6.Changes in Foreign Exchange Rates. 7.Government Grants.8. Securities.9.Borrowing Costs.10.Provisions Contingent Liabilities and Contingent Assets.

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,
10A
10A :- This Schedule is get benefit of manufacturing unit for start a companies unit in Special Economic zone to get benefit in Profit. Give a details of Where is Start a Manufacturing Unit in give a details  which year start unit.Amount of Deduction. see the below image.






Section – 80-IA or IB or IC or IE

80-IA
Deduction in respect of profit of an undertaking referred to in section 80-IA(4)(ii)Telecommunication Services, Industrial Park and SEZs, Power, Revival of power generating plant,

80-IB
Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,
U/s 80
Deduction in respect of Industrial undertaking located in Jammu-Kashmir.
Deduction in respect of Industrial undertaking located in Industrial Backward States specified in eighth schedules.
Deduction in respect of Industrial undertaking located Backward District.
Deduction in respect of Industrial undertaking located in Multiplex theater.
Deduction in respect of Industrial undertaking located convention center.
Deduction in respect of Industrial undertaking located in commercial production or refining or mineral oil.
Deduction in respect of Industrial undertaking located in developing and building housing projects.
Deduction in respect of Industrial undertaking located cold chain facility.
Deduction in respect of Industrial undertaking located in processing, Preservation and packaging of fruits and vegetables.
Deduction in respect of Industrial undertaking located in integrated business of landing,storage and transportation of food grains.
Deduction in respect of Industrial undertaking located in operating and maintaining a rural hospital.
Deduction in respect of Industrial undertaking located in operating and maintaining a rural hospital in any area,other than excluded area.

80-IC- IE
Deduction in respect of industrial Undertaking located in Sikkim, himachal pradesh,Uttaranchal ,North-East – Assam,Arunachal Pradesh,Manipur,
Mizoram,Megalaya,Nagalan,Tripura.





Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
80-G
Schedule 80G :- any assesses or taxpayer paid a amount in donation and get receipt of donation with PAN no. give a Compulsory to get this benefit in income tax return. If any assesses or taxpayer Paid a Donation amount above 10,000/- to Compulsory Paid a Cheuq or D.D. any people donate amount in colleges, Trust, University,etc.. religions place or education donation to get PAN No. and full address with Certificate of 80-G. This donation deduction in 50% or Gross incomes 10% both are high value deduction in income tax. after completed fill up this schedule to click on validate.
    More Details  Deduction - 80-G

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
Deduction Under Chapte VI-A
Schedule VIA :-  any assesses or taxpayer invest or expense to many expenses deduction in income tax. as under see the every section.taxpayer paid a Lic Premium,Tuition Fee, Education Loan Interest,Housing Loan Interest,Mediclaim, Infrastructure Bond,invest in NPS Scheme, Sukanya Yojana, RajivGandhi Equity Saving Scheme, Provident Fund,Public Provident Fund,Gratuity, etc.. expenses allow to deduction in income tax. income tax deduction limit is A.Y.2015-16 is 1Lakhs but now increase this limit to 1.5Lakhs + National Pension Scheme invest in 50,000/- =1,50,000/- + Paid Mediclaim Premium Limit of 25,000/-= Total Deduction limit of 1,75,000/-. See the as  image :- Deduction under Chapter VI-A

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
SI
Schedule SPI-SI :- any assesses or taxpayer earn income from Spouse income or Minor children earn income to assesses shown here. if assesses wife not allotted a PAN No. to spouse income treated taxpayers (husband) income to shown here. after completed fill up this schedule to click on validate.


Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
Expenses Details
Schedule EI :- any assesses or taxpayer earn income but some income exempt in income tax like Share Dividend (only Listed or Non-listed Companies share), Bank Interest, paid Share Transaction Tax, Long term Capital Gains Paid securities transaction tax, Central government Paid Tax, exempt in this schedule. after completed fill up this schedule to click on validate.


Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
U/s 115U 115B
Schedule PTI :- any assesses or taxpayer joint to carry invest in business or trust fund to give a details of  like Total fixed assets value, House property value,PAN No. of Business trust or Investment Funds. As Per see the below Images :-

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
FSI
Schedule FSI :- any assesses or taxpayer earn income from outside in india. any people job in out of India and earn from Salary, House Rent,Business sharing profit, Capital gains,Share trading, etc... give a details like Country Code, Taxpayer Identification Code, and which type earn income head, as per see the  image :-

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
TRA_FA
Schedule TRA_FA :- any assesses or taxpayer earn income from outside in India give as under details of Bank accounts, fixed assets, business details, This schedule is made by any assesses or taxpayer a NRi or earn income from outside in India to give a details as under the :-
Details of Tax relief claimed
Details of foreign assets and income from any sources outside in India.
Details of financial interest in any entity held at any time during the previous year.
Details of immovable property held at any time during the previous year.
Details of any other Capital held assets at any time during the previous year.
Details of accounts in which you have signing authority held at any time during the previous year.
Details of trust,create under the laws of a country outside in India in which you are a trustee beneficiary or settler.
Details of any other income derived from any source outside India.which is not include in item, Income under the head business or profession.

Itr return 5,income tax return form 5,income tax return online form5,how to fill up itr return online,computation of income,self assessment tax,advance tax,income tax,tds,tax deducted at sources,tax collected at sources,tcs,income from house property,rent income,depreciation,depreciation rate,capital gain,short term capital gain,log term capial gain,other income souces income,Black Money,declare black money,Depreciation,80,under section 80,80-G,Deduction of Donation,
AL
Schedule AL :- any assesses or taxpayer earn yearly income above 50Lakhs or Total assets or liability above 50Lakhs to give a details immovable property like, House, land,Building, etc.. involve in definition of immovable property or movable property like jewellery,Vehicle,Boat,aircraft,Cash in hand,etc.. involve in  destination of movable property

Schedule SCH5A :- any assesses or taxpayer not compulsory this schedule if this schedule is Portuguese civil code in spouse income in governed.

after completed fill up this schedule to click on validate.
all are process completed after know how to Calculate Income tax.


How to Calculate income tax in Excel Utility Software :- All assesses or taxpayer fill up Excel utility software in all schedule then most of question how to process to Calculate the income tax and How to Generated XML File. now, we are started lean calculate income tax. first assesses come to Schedule of  PART A-General and see the right side 9 types button. See the Calculate button on click the process start to calculate income tax. 


Income tax calculate  if payable income tax to Download Income-tax Challan, if not payable to income tax to start Generated XML file Process. any assesses or taxpayer learn to how to generated XML file in excel utility software.we are started learn to Generated XML file.First Come to Schedule of  PART-A General and see the right side 9 types button. see the Generated XML button on Click the process start to Generated XML file.

where is  Generated XML file in Computer/Laptop :-  all assesses  or taxpayer create a if generated XML file so where is  XML file in computer or laptop. First you think all  assesses or taxpayer to where is download excel utility file in computer or laptop. then there is same place generated XML file in name of your PAN No. Like File name is AAAAA0987A.XML. This is your XML file.

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