Name of Assessee GAURAV RAMESH LALWANI
Father's Name RAMESH GIRDHARILAL LALWANI
Address BLOCK NO 244,.1ST FLOOR,NEAR ASHISH NX MALL MAIN
ROAD,JARIPATKA,NAGPUR,NAGPUR,MAHARASHTRA,440014
Status Individual Assessment Year 2024-2025
Ward Year Ended 31.3.2024
PAN AFDPL2782A Date of Birth 05/06/1989
Residential Status Resident Gender Male
Nature of Business WHOLESALE AND RETAIL TRADE-Retail sale of other products
n.e.c(09028) ,Trade Name:GAURAV RAMESH LALWANI OTHER SERVICES-
Hair dressing and other beauty treatment(21001) ,Trade Name:G L HAIR
CREAFT
Filing Status Original
Last Year Return Filed On 27/12/2023 Acknowledgement No.: 579711500271223
Last Year Return Filed u/s Normal
Aadhaar No: 256928537582 Mobile No Linked with Aadhaar
Bank Name BANK OF BARODA, DHARAMPETH NAGPUR, A/C
NO:04650100018374 ,Type: Saving ,IFSC: BARB0DHARAM, Prevalidated :
Yes, Nominate for refund : Yes
Tele: Mob:9021325679
Computation of Total Income [As per Section 115BAC (New Tax Regime)]
Income from Business or Profession (Chapter IV D) 6,17,850
Income u/s 44AD 6,17,850
Income from Other Sources (Chapter IV F) 22,685
Interest From Saving Bank A/c(as per Annexure) 114
Interest on F.D.R.(as per Annexure) 355
Insurance commission 22,216
22,685
Gross Total Income 6,40,535
Less: Deductions (Chapter VI-A)
0
Total Income 6,40,535
Round off u/s 288 A 6,40,540
Adjusted total income (ATI) is not more than Rs. 20 lakh hence AMT not applicable.
Tax Due (Exemption Limit Rs. 300000) 19,054
Rebate u/s 87A 19,054
0
T.D.S./T.C.S 1,115
-1,115
Refundable (Round off u/s 288B) 1,120
Tax calculation on Normal income of Rs 6,40,540/-
Exemption Limit :3,00,000
Tax on (6,00,000 -3,00,000) = 3,00,000 @5% = 15,000
NAME OF ASSESSEE : GAURAV RAMESH LALWANI A.Y. 2024-2025 PAN : AFDPL2782A Code :GRL
Tax on 6,00,001 to 6,40,540 = 40,540 @10% = 4,054
Total Tax = 19,054
T.D.S./ T.C.S. From
Non-Salary(as per Annexure) 1,115
Due Date for filing of Return July 31, 2024
Income Declared u/s 44 AD TOTAL RECEIPTS G L HAIR CRAFT
Gross Receipts/Turnover (Other than ECS/Cheque/DD) 289500.00
Gross Receipts/Turnover (ECS/Cheque/DD Mode) 25450.00
Gross Receipts/Turnover (Cash Receipt) 245550.00
Gross Receipts/Turnover (Total) 560500.00
Book Profit 282400.00 50.38 %
Deemed Profit(Other than ECS/Cheque/DD) 42804.00 8.00 %
Deemed Profit(ECS/Cheque/DD Mode) 1527.00 6.00 %
Net Profit Declared 282400.00 50.38 %
Income Declared u/s 44 AD TOTAL TURN OVER TRADING
Gross Receipts/Turnover (Other than ECS/Cheque/DD) 1443400.00
Gross Receipts/Turnover (ECS/Cheque/DD Mode) 50650.00
Gross Receipts/Turnover (Cash Receipt) 650600.00
Gross Receipts/Turnover (Total) 2144650.00
Book Profit 335450.00 15.64 %
Deemed Profit(Other than ECS/Cheque/DD) 167520.00 8.00 %
Deemed Profit(ECS/Cheque/DD Mode) 3039.00 6.00 %
Net Profit Declared 335450.00 15.64 %
Details of Interest From Bank
S.NO. PARTICULARS AMOUNT
1 UNION BANK OF INDIA 70
2 KOTAK MAHINDRA BANK LIMITED 41
3 BANK OF BARODA 3
TOTAL 114
Details of Interest on F.D.R.
S.NO. PARTICULARS AMOUNT
1 KOTAK MAHINDRA BANK LIMITED 355
TOTAL 355
Details of T.D.S. on Non-Salary(26 AS Import Date:14 Jul 2024)
S.No Name of the Deductor Tax deduction A/C No. of Total Tax deducted Amount out of (4) Section
the deductor claimed for this year
1 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 763 763 194D
2 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 38 38 194D
3 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 32 32 194D
4 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 27 27 194D
5 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 5 5 194D
6 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 112 112 194D
7 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 22 22 194D
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NAME OF ASSESSEE : GAURAV RAMESH LALWANI A.Y. 2024-2025 PAN : AFDPL2782A Code :GRL
8 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 71 71 194D
9 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 2 2 194D
10 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 8 8 194D
11 LIFE INSURANCE CORPORATION OF INDIA NGPL00198C 35 35 194D
TOTAL 1115
Head wise Summary on Income and TDS thereon
Head Section Amount As per Location of Income for TDS
Paid/Credited As Computation Comparison
per 26AS
Business 194D 22216 2705150 Gross Receipt/Turnover 1115
44AD:2705150
Total 22216 2705150 1115
Details of Taxpayer Information Summary (TIS)
S.NO INFORMATION CATEGORY DERIVED As Per Computation Difference
. VALUE(Rs.)
1 Interest from deposit 355 Interest on FDR 355 NIL
2 Interest from savings bank 114 Interest from saving bank 114 NIL
a/c
3 Insurance commission 22216
Receipt of commission etc. on sale of lottery tickets - Other- Sources->Other 22216 22216
Income
Business receipts Total Gross 2705150
Receipts/Turnover (44AD)
2705150 2705150
Signature
(GAURAV RAMESH LALWANI)
Date-17.07.2024
CompuTax : GRL [GAURAV RAMESH LALWANI]
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