Instructions to Form ITR-7 (A.Y .2019-20)
Instructions for filling out Form ITR-7
These instructions are guidelines for filling the particulars in Income-tax Return Form-7 for the Assessment Year 2019-20 relating to the Financial Year 2018-19. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962.
1. Assessment Year for which this Return Form is applicable
This Return Form is applicable for assessment year 2019-20 only i.e., it relates to income earned in Financial Year 2018-19.
2. Who is eligible to use this Return Form?
This Return Form can be used by persons including companies who are required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D).
The category of persons whose income is unconditionally exempt under various clauses of section 10, and who are not mandatorily required to furnish their return of income under the provisions of section 139, may use this form for filing return. An indicative list of such persons is given below:-
| Sl.no | Category of persons | Exempt under section |
| 1 | Local authority | Section 10(20) |
| 2 | Regimental Fund or Non-public Fund established by the Armed forces of the Union | Section 10(23AA) |
| 3 | Fund, by whatever name called, set up by the Life lnsurance Corporation (LIC) of India on or after 1st August, 1996, or by any other insurer | Section 10(23AAB) |
| 4 | Authority (whether known as the Khadi and Village Industries Board or by any other name) | Section 10(23BB) |
| 5 | Body or Authority | Section 10(23BBA) |
| 6 | SAARC Fund for Regional Projects set up by Colombo Declaration | Section 10(23BBC) |
| 7 | lnsurance Regulatory and Development Authority (IRDA) | Section 10(23BBE) |
| 8 | Central Electricity Regulatory Commission | Section 10(23BBG) |
| 9 | Prasar Bharati | Section 10(23BBH) |
| 10 | Prime Minister’s National Relief Fund | Section 10(23C)(i) |
| 11 | Prime Minister’s Fund (Promotion of Folk Art) | Section 10(23C)(ii) |
| 12 | Prime Minister’s Aid to Students Fund | Section 10(23C)(iii) |
| 13 | National Foundation for Communal Harmony | Section 10(23C)(iiia) |
| 14 | Swachh Bharat Kosh | Section 10(23C)(iiiaa) |
| 15 | Clean Ganga Fund | Section 10(23C)(iiiaaa) |
| 16 | Provident fund to which the Provident Funds Act, 1925 applies | Section 10(25)(i) |
| 17 | Recognized Provident Fund | Section 10(25)(ii) |
| 18 | Approved Superannuation Funds | Section 10(25)(iii) |
| 19 | Approved Gratuity Fund | Section 10(25)(iv) |
| 20 | Other funds referred to in sub-clause (v) of section 10(25) | Section 10(25)(v) |
| 21 | Employees’ State Insurance Fund | Section 10(25A) |
| 22 | Agricultural Produce Marketing Committee | Section 10(26AAB) |
| 23 | Corporation, body, institution or association established for promoting interests of members of Scheduled Castes or ScheduIed Tribes or backward classes | Section 10(26B) |
| 24 | Corporation established for promoting interests of members of a minority community | Section 10(26BB) |
| 25 | Corporation established for welfare and economic upliftment of ex-servicemen | Section 10(26BBB) |
| 26 | New Pension System (NPS) Trust | Section 10(44) |
3. Manner of filing this Return Form
This Return Form can be filed with the Income-tax Department electronically on the e-filing web portal of Income-tax Department (www.incometaxindiaefiling.gov.in) and verified in any one of the following manner –
(i) digitally signing the verification part, or
(ii) authenticating by way of electronic verification code (EVC), or
(iii) by sending duly signed paper Form ITR-V (Acknowledgment) by post to CPC at the following address –
“Post Bag No. 1, Electronic City Office,
Bengaluru— 560500,
Karnataka”.
The Form ITR-V should reach within 120 days from the date of e-filing the return.
However, a political party shall compulsorily furnish the return in the manner mentioned at (i) above.
In case an assessee is required to furnish a report of audit under sections 10(23C)(iv), 10(23C)(v), 10(23C)(vi), 10(23C)(via), 10AA, 12A(1)(b), 44AB, 44DA, 50B, 80-IA, 80-IB, 80-IC, 80-ID, 80JJAA, 80LA, 92E, 115JB or 115JC, he shall file such report electronically on or before the date of filing the return of income.
4. Filling out the acknowledgement
Where the Return Form is furnished in the manner mentioned at 3(iii), the assessee should print out two copies of Form ITR -V. One copy of ITR-V, duly signed by the assessee, has to be sent by ordinary post to Post Bag No. 1, Electronic City Office, Bengaluru–560500 (Karnataka). The other copy may be retained by the assessee for his record.
General guidance
In part A General, please furnish the information relating to identity of assessee, details of any project or institution run by the assessee during the year, section under which return is filed and section under which exemption has been claimed etc.
Certain schedules to this return form are mandatorily required to be filled up by assessees which are claiming exemption under specific provisions, as per the following list:-
| Exemption claimed under section | Schedule required to be filled up |
| Political party claiming exemption u/s 13A | Schedule LA |
| Electoral Trust claiming exemption u/s 13B | Schedule ET |
| Trust/institution claiming exemption u/s 11 and/or 10(23C)(iv) or 10(23C)(v) or 10(23C)(vi) or 10(23C) (via) | Schedule AI |
| Assessee claiming exemption under any of the clauses of section 10(21), 10(22B), 10(23AAA), 10(23B), 10(23FB), 10(23D), 10(23DA), 10(23EC), 10(23ED), 10(23EE), 10(29A), 10(46), 10(47) and persons whose income is unconditionally exempt under various clauses of section 10 (refer the list above at Sl. No.2) | Schedule IE 1 |
| Assessee claiming exemption under sections 10(23A), 10(24) | Schedule IE 2 |
| Assessee claiming exemption under sections 10(23C)(iiiab) or 10(23C)(iiiac) | Schedule IE 3 |
| Assessee claiming exemption under sections 10(23C)(iiiad) or 10(23C)(iiiae) | Schedule IE 4 |
Item by Item Instructions to fill up the Return Form
Part-A – General Information
| Field Name | Instruction | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PERSONAL INFORMATION | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Enter the Name of the trust or institution or any other entity as per the deed of creation or establishing or incorporation or formation, as the case may be. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PAN | Enter the PAN as in PAN card | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Flat/ Door/ Block No. | Enter the Flat or House Number | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name of Premises/ Building / Village |
Enter the name of the Premises or Building or Apartment or Village | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Road/ Street/Post Office | Enter the name of the Post office or Road or Street in which the house is situated | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Area/ Locality | Enter the name of area or locality in which the house is situated | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Town/ City/ District | Enter the name of town or City or District in which the house is situated | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| State | Select the name of State from the dropdown | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PIN Code/ Zip Code | Enter the PIN Code/ Zip Code of the Post Office | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date of formation / incorporation (DD/MM/YYYY) | Please enter the Date of Formation or incorporation, as mentioned in the application for allotment of PAN. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Status | Please tick the applicable check box, indicating the status under which the return is being filed, and also choose the applicable sub-status from the drop-down menu- | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Office Phone Number with STD code/ Mobile No.1 | Enter the office landline number with STD code, or enter PAN holder‘s mobile number. This will be used for official communication with the PAN holder. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fax number/ Mobile No.2 | Enter the mobile number of PAN holder or that of any other person, as an alternative number for communication. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Email Address (Self) | Enter the PAN holder‘s email address. This will be used for official communication with the PAN holder. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Email Address-2 | Enter the Email Address of PAN holder or any other person, as an alternative email address for communication. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DETAILS OF THE PROJECTS/INSTITUTIONS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Please fill up the details of the projects or institutions run by the assessee during the year in these columns. Please fill up the complete and correct details relating to registration or approval under the Income-tax Act or any other law. Any mistake in such details may lead to denial of claim of exemption, if any. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether any project/ institution is run by the assessee? | Please indicate whether any project or institution is being run by the assessee during the year by ticking the applicable check box.
♦ Yes ♦ No |
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| Name of the project/institution | If yes, please fill up the name of the school/ college/ university/hospital/research institution which is being run during the year. In case more than one projects etc. are being run by the assessee, please mention name of all such projects in separate rows as indicated. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Nature of activity | Please select nature of activity and classification thereof from the dropdown list as given below:- | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Details of registration or approval under the Income-tax Act
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In case a registration or approval is required under the Income-tax Act, please fill up the relevant details in the respective columns of the table, such as section of the Act, date and number of registration and the registering authority.
Please ensure that the date of registration is filled up correctly. Please note that this column is to be filled up mandatorily, if exemption is being claimed u/s 11, or sub-clauses (iv), (v), (vi) or (via) of 10(23C), 10(23AAA) or 13B. |
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| Details of registration or approval under any law other than Income-tax Act | In case a registration or approval is required under any other law (other than Income-tax Act), please fill up the relevant details in the respective columns of the table, such as law under which registered, date and number of registration and the registering authority.
Please ensure that the date of registration is filled up correctly. |
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| FILING STATUS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Filed u/s | Please tick the applicable check box, indicating the section under which the return is being filed –
(a) If filed voluntarily on or before the due date, tick ‘139(1)’ (b) If filed voluntarily after the due date, tick ‘139(4)’ (c) If this is a revised return, tick ‘139(5)’ (d) If this is a modified return, filed in accordance with an Advanced Pricing Agreement (APA), tick ’92CD’ (e) If filed in pursuance to an order u/s 119(2) (b)condoning the delay, tick ‘119(2)(b)’ |
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| Return required to be furnished u/s
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Please indicate the section as per which return is required to be furnished by the assessee, by ticking the applicable checkbox.
> 139(4A) > 139(4B) > 139(4C) > 139(4D) > Others |
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| Please specify the section under which the exemption is claimed
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Please select the section under which exemption is claimed from the dropdown list as given below:-
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| If revised/ defective/ modified then enter Receipt No. and Date of filing original return | If this is a revised return, or a return being filed in response to notice under section 139(9), or a modified return filed in accordance with an APA, please enter the acknowledgement number and date of filing of the original return. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Or Filed in response to
notice u/s
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In case the return is being filed in response to a statutory notice, please tick the applicable checkbox –
(a) If filed in response to a notice u/s 139(9), tick ‘139(9)’ (b) If filed in response to notice u/s 142(1), tick ‘142(1)’ (c) If filed in response to notice u/s 148, tick ‘148’ (d) If filed in response to notice u/s 153A, tick ‘153A’ (e) If filed in response to notice u/s 153C, tick ‘153C’. |
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| If filed in response to notice, please enter Unique Number & Date of such Notice or Order | In case the return is being filed in response to a statutory notice, or in pursuance to an order under section 119(2)(b) condoning the delay, or in accordance with an APA u/s 92CD, please enter the unique number and date of the relevant statutory notice, or the date of condonation order or the date on which the Advanced Pricing Agreement was entered (as applicable). | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Residential Status in India (Tick applicable option) | Please specify your residential status in India by ticking the applicable checkbox:
♦ Resident. ♦ Non Resident |
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| Whether any income included in total income for which claim under section 90/90A/91 has been made? | Please indicate whether any foreign source income is included in total income in respect of which relief for taxes paid outside India has been claimed u/s 90 or 91 or 90A, by ticking the applicable checkbox:-
♦ Yes ♦ No If yes, please fill up the details of such income and tax relief claimed in Schedule FSI and Schedule TR respectively. |
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| Whether this return is being filed by a representative assessee? | Please tick the applicable check box. In case the return is being filed by a representative assessee, please furnish the following information:-
(a) Name of the representative (b) Capacity of the representative (select from drop down list) (c) Address of the representative (d) PAN of the representative |
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| Whether you are Partner in a firm? | If you were Partner in a firm at any time during the previous year, please tick ‘Yes‘and provide information about name & PAN of the firm.
Else, tick ‘No’. |
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| Whether you have held unlisted equity shares at any time during the previous year?
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If you have held investment in any unlisted equity shares at any time during the previous year, please tick ‘Yes‘and furnish information about name & PAN of company, opening balance, shares acquired/ transferred during the year and closing balance, in the given table.
Else, tick ‘No’. |
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| Where, in any of the projects/institutions run by you, one of the charitable purposes is advancement of any other object of general public utility then:- | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In case the nature of activity mentioned in any of the projects or institutions run by the assessee is mentioned as ―charitable and religious ‘under the classification ―object of general public utility’, please report the extent of any activity in the nature of trade, commerce or business included therein in the following columns. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether there is any activity in the nature of trade, commerce or business referred to in proviso to section 2(15)
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Please indicate whether there was any activity in the nature of trade, commerce or business as referred to in proviso to section 2(15), by ticking the applicable check box:-
♦ Yes ♦ No If yes, please mention the receipt from such activity as a percentage of total receipts. |
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| If yes, then percentage of receipt from such activity vis-à-vis total receipts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether there is any activity of rendering any service in relation to any trade, commerce or business for any consideration as referred to in proviso to section 2(15)?
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Please indicate whether there was any activity of rendering service in relation to any trade, commerce or business for any consideration, as referred to in proviso to section 2(15), by ticking the applicable check box:-
♦ Yes ♦ No If yes, please mention the receipt from such activity as a percentage of total receipts.
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| If yes, then percentage of receipt from such activity vis-à-vis total receipts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| If ‘a’ or ‘b’ is YES, the aggregate annual receipts from such activities in respect of that institution | In case answer to any of the above is yes, please mention the amount of annual receipts from such activities along with name of the project/institution in the given table. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether approval obtained u/s 80G? | Please indicate whether the trust/institution/fund is established in India for a charitable purpose and is for the time being approved under section 80G(5), by ticking the applicable check box:-
♦ Yes ♦ No If yes, please mention the date and number of such approval. |
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| If yes, then enter Approval No. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date of Approval | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Is there any change in the objects/ activities during the Year on the basis of which approval/ registration was granted | Please indicate whether there was any change in the objects/activities of the trust/institution during the year on the basis of which approval/ registration was granted, by ticking the applicable check box:-
♦ Yes ♦ No |
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| If yes, please furnish following information? | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In case there was a change in objects/activities during the year, please furnish the information in the following columns and also fill up the details of accreted income under section 115TD, as per the Schedule 115TD. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date of such change | Please mention the date on which change in the object/activity has occurred. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether an application for fresh registration has been made in the prescribed form and manner within the stipulated period of thirty days as per Clause (ab) of sub-section (1) of section 12A? | Please indicate whether application for fresh registration has been made (due to change in object) by ticking the applicable check box:-
♦ Yes ♦ No |
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| Whether fresh registration has been granted under section 12AA | Please indicate whether fresh registration has been granted on such application, by ticking the applicable check box:-
♦ Yes ♦ No |
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| date of such fresh registration (DD/MM/YYYY) | If yes, please mention the date on which fresh registration was granted. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether registered under Foreign Contribution (Regulation) Act, 2010 (FCRA)? | Please indicate whether the trust/institution/fund is registered for the purposes of FCRA to receive foreign donations, by ticking the applicable check box:-
♦ Yes ♦ No |
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| If yes, then enter Registration No. | If yes, then please mention the date and number of registration allotted by the FCRA division. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date of Registration (DD/MM/YYYY) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total amount of foreign contribution received during the year, if any | Please mention the amount of foreign contribution received during the year, if any. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Specify the purpose for which the above contribution is received | Please mention the purpose for which the foreign contribution was received. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether a business trust registered with SEBI? | In case you are a business trust registered with SEBI, please indicate ‘yes’ or else ‘no’. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| If yes, then enter Registration No. | If yes, please enter the date and number of registration with SEBI. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date of Registration (DD/MM/YYYY) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Whether liable to tax at maximum marginal rate under section 164? [If disallowable u/s 13(1)(c) and/or 13(1)(d)]?Is this your first return | In case any disallowance is called for under section 13(1)(c) or 13(1)(d) in your case, please indicate whether you are liable to tax at maximum marginal rate under section 164, by ticking the applicable check box:-
♦ Yes ♦ No Please indicate whether this is your first return, by ticking the applicable check box:- ♦ Yes ♦ No |
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| AUDIT INFORMATION | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Are you liable for Audit under the Income-tax Act? | Please indicate whether you are liable to get your books of accounts audited in accordance with the provisions of the Income-tax Act by ticking the applicable checkbox:
♦ Yes ♦ No |
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| Section under which you are liable for audit (specify section). Please mention date of audit report. | If yes, please mention the specific provision of the Income-tax Act under which you are liable to get your accounts audited, and furnish the following details of such audit-
(1) Name of the auditor signing the tax audit report (2) Membership No. of the auditor (3) Name of the auditor (proprietorship/ firm) (4) Proprietorship/firm registration number (5) Permanent Account Number (PAN) of the proprietorship/ firm (6) Date of report of the audit (7) Date of furnishing of the audit report |
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| Name of the auditor signing the tax audit report | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Membership No. of the auditor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name of the auditor (proprietorship/ firm) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Permanent Account Number (PAN) of the proprietorship/ firm | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date of audit report | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Date of furnishing of the audit report | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| If liable to audit under any Act other than the Income-tax act, mention the Act, section and date of furnishing the audit report? | In case your accounts are required to be audited under any other law (other than Income-tax Act), please select the relevant provision mandating the audit, and mention the date of furnishing such audit report.
List of other laws mandating audit:- 1. Banking Regulation Act, 1949 2. Central Excise Act,1944 3. Central Sales Tax Act, 1956 4. Central Goods and Services Tax Act, 2017 5. Charitable And Religious Trusts Act, 1920 6 Companies Act, 2013 7. Electricity Act, 2003 8. Employees Provident Fund and Miscellaneous Provisions Act, 1952 9. Foreign Exchange Management Act, 1999 10. Government Superannuation Fund Act, 1956 11. Indian Trusts Act, 1882 12. Integrated Goods and Services Tax Act, 2017 13. Limited Liability Partnership Act, 2008 14. Payment of Gratuity Act, 1972 15. SEBI Act, 1992 16. Securities Contract (Regulation) Act, 1956 17. State Goods and Services Tax Act, 2017 18. Union Territories Goods and Services Tax Act, 2017 19. Any other law (please enter details in text box) |
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| Particulars of persons who were partners / members in the AOP on 31st day of March, 2019 (to be filled by venture capital fund / investment fund)
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If you are an AOP, please furnish the following details, in respect of the partners/ members in the AOP as on 31st March, 2019 or on date of dissolution, as per the given table:-
1. Name and address 2.Their respective percentage share (if determinate) 3. PAN 4. Aadhaar Number/ Enrolment Id (if eligible for Aadhaar) 5. Status |
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Schedule-I – Details of amounts accumulated / set apart within the meaning of section 11(2) or in terms of third proviso to section 10(23C)
Under section 11(2) or under third proviso to section 10(23C), where 85% of the income is not applied or is not deemed to have been applied, to charitable or religious purposes in India during the previous year but is accumulated or set apart, either in whole or in part, for application to such purposes of India, such income so accumulated or set apart shall not be included in the total income of the previous year, if certain conditions are satisfied. One of the conditions, inter alia, is that the accumulation cannot be carried forward beyond five years. Please ensure that Form 10 has been filled up within the due date for claim of amount accumulated u/s 11(2).
In this Schedule, please furnish the year wise details of amounts accumulated, purpose of accumulation, amount applied for charitable/religious purposes upto beginning of the year, amount invested or deposited in specified modes u/s 11(5), amounts applied for charitable/religious purposes during the year, balance amount available for application and amount deemed to be income u/s 11(3).
The total of column 8 of this Schedule is the amount deemed to be income u/s 11(3). This total amount should be reported as additions for the purpose of computation of total income in schedule part B-TI. These amounts should be entered only if the amounts accumulated in earlier years have not been utilised within the specified time.
Schedule-J – Statement showing the funds and investments as on the last day of the previous year
If you are a trust or institution registered under section 12A/12AA or have obtained approval for the purposes of sub-clause (iv), (v), (vi) or (via) of clause (23C) of section 10, it is mandatory to fill up the details of investment of funds in this Schedule.
In this Schedule, please mention the balances in the corpus fund and in the non-corpus fund as on the last day of the previous year in part A of the table. In part B of the table, please furnish details of investments or deposits made in any of the modes specified u/s 11(5), out of funds of the trust or institution, which is held as on the last day of the previous year. In part C of the table, please report investments held by persons having substantial interest, as referred to in section 13(3) at any time during the previous year. In part D of the table, please furnish details of other investments held as on the last day of the previous year. In part E of the table, please furnish details of contributions / donations which are received in kind but has not been converted into the modes specified u/s 11(5).
Schedule-K- Statement of particulars regarding the Author(s)/ Founder(s)/ Trustee(s)/ Manager(s), etc., of the Trust or Institution
In this Schedule, please mention the particulars of the author(s)/ founder(s)/ trustee(s)/ manager(s) of the trust/institution or persons who have made substantial contribution to the trust/institution or their relatives, with their names, complete addresses, PAN and Aadhaar numbers.
Schedule-LA – Political Party
This Schedule should be mandatorily filled up in case you are a political party, claiming exemption under section 13A.
Section 13A of the Income-tax Act provides exemption to a political party in respect of income chargeable under the head ―Income from house property”, ―Income from other sources” or ―capital gains” or Income by way of voluntary contributions received by it, subject to fulfilment of certain conditions mentioned therein.
In this Schedule, information relating to fulfilment of conditions mentioned in section 13A, viz. maintenance of books of accounts, furnishing of audit report, mode of receipt of voluntary contributions/donations, furnishing of contribution report under Representation of the People Act, 1951 etc. is required to be furnished in the respective columns.
Schedule-ET – Electoral Trust
This Schedule should be mandatorily filled up in case you are an electoral trust, claiming exemption under section 13B.
Section 13B of the Income-tax Act provides exemption to an electoral trust in respect of income by way of voluntary contributions received by it, subject to fulfilment of certain conditions mentioned therein.
In this Schedule, information relating to fulfilment of conditions mentioned in section 13B and further prescribed in rule 17CA is required to be furnished in the respective columns, such as maintenance of books of accounts, furnishing of audit report, details of voluntary contributions received and amounts distributed during the year.
Schedule-VC – Voluntary Contributions
This Schedule should be mandatorily filled up by all persons filing return in Form ITR-7.
In this Schedule, please fill up details of voluntary contributions received. In Part A, fill up the details of local receipts giving clear break up of corpus and non-corpus donations, grants received from Government, grants received from companies under Corporate Social Responsibility (CSR), other specific grants and other donations. In Part B, fill up details of foreign contributions received, giving break up of corpus fund donation and other than corpus donation. Please report total amount of voluntary contributions received during the year in part C.
In Part D, please mention the amount of anonymous donations chargeable at the rate of 30% under section 115BBC, which is included in the total contributions reported at part C.
The total amount of voluntary contributions mentioned at part C should be included in computation of total income in Part B-TI, in case of assessees claiming exemption under section 11 or sub-clauses (iv), (v), (vi) or (via) of section 10(23C) or section 13A.
The total amount of voluntary contributions mentioned at part C should be reported in the respective Income & Expenditure statement (i.e. Schedule IE-1 or Schedule IE-2 or Schedule IE-3 or Schedule IE-4), in case of assessees claiming exemption under other clauses of section 10.
The total amount of voluntary contributions mentioned at part C should be reported in Schedule ET, in case of assessees claiming exemption under section 13B.
Schedule-AI – Aggregate of income derived during the previous year excluding Voluntary contributions
This Schedule should be filled up if you are claiming exemption under section 11 or sub-clauses (iv), (v), (vi) or (via) of section 10(23C).
In this Schedule, please furnish source-wise details of aggregate of income referred to in section 11 and 12 derived during the previous year excluding voluntary contribution forming part of corpus as per section 11(1)(d) and other voluntary contributions. In respect of other incomes reported at column 9, please specify the nature of income and the total amount during the year.
The total of aggregate income mentioned at column 10 should be should be included in computation of total income in Part B-TI (item No. 3).
Schedule-ER – Revenue expenditure incurred during the year and amount applied to stated objects of the trust/institution during the previous year – Revenue Account
This Schedule should be filled up if you are claiming exemption under section 11 or sub-clauses (iv), (v), (vi) or (via) of section 10(23C).
In this Schedule, please furnish details of amount applied to charitable or religious purposes in India, or for the stated objects of the trust/ institution, during the previous year on revenue account.
In part A of this Schedule, please furnish the headwise details of establishment and administrative expenditure of the trust/institution, which was incurred during the year on revenue account.
In part B of this Schedule, please furnish the break-up of expenditure towards objects of the trust or institution, incurred during the year such as religious, education, relief of poor, medical relief etc.
In part C of this Schedule, please report any item of the expenditure incurred during the year which is disallowable.
In part D of this Schedule, please report the total amount of revenue expenditure incurred during the year (after adding back the disallowable expenditure, if any).
In part E of this Schedule, please furnish break-up of source of funds to meet the total revenue expenditure which was incurred during the year.
Schedule-EC – Amount applied to charitable or religious purposes in India or for the stated objects of the trust/institution during the previous year– Capital Account
This Schedule should be filled up if you are claiming exemption under section 11 or sub-clauses (iv), (v), (vi) or (via) of section 10(23C).
In this Schedule, please furnish details of amount applied to charitable or religious purposes in India, or for the stated objects of the trust/ institution, during the previous year on capital account [excluding application from borrowed funds and amounts exempt u/s 11(1A)].
At item No. 4 of this Schedule, please specify nature of other capital expenditure and mention the relevant amount incurred during the year.
In part A of this Schedule, please furnish break-up of source of funds to meet the total capital expenditure which was incurred during the year.
Schedule-IE-1 – Income & Expenditure statement
Please furnish the Income & Expenditure statement for the year in this Schedule, if you are claiming exemption under section 10(21) or 10(22B) or 10(23AAA) or 10(23B) or 10(23D) or 10(23DA) or 10(23EC) or 10(23ED) or 10(23EE) or 10(29A) or 10(46) or 10(47) or any other clauses of section 10 under which income is unconditionally exempt.
Please report total receipts including voluntary contributions, application towards object of the institution and accumulation of income in the respective columns. The disclosure of all receipts is mandatory in case claim of TDS credit has been made.
The amount of claim of exemption should be mentioned in Part B-TI against the respective item.
Schedule-IE-2 – Income & Expenditure statement
Please furnish the Income & Expenditure statement for the year in this Schedule, if you are claiming exemption under section 10(23A) or 10(24).
In part A of this Schedule, please report total receipts including voluntary contributions, application towards object of the institution and accumulation of income in the respective columns. The disclosure of all receipts is mandatory in case claim of TDS credit has been made.
In part B of this Schedule, please report details of taxable income, if any, for the previous year under the heads of ―house property”, ―business or profession”, ―capital gains” and ―other sources”. Please ensure to fill up the relevant Schedule applicable for the respective head of income. The headwise incomes should be included in computation of total income in Part B-TI at item No.13.
The amount of claim of exemption should be mentioned in Part B-TI against the respective item.
Schedule-IE-3 – Income & Expenditure statement
Please furnish the Income & Expenditure statement for the year in this Schedule, if you are claiming exemption under sub-clauses (iiiab) or (iiiac) of section 10(23C) (i.e. university or other educational institutions or hospital or other similar institutions wholly or substantially financed by the Government).
Please specify object of the institution from the dropdown list provided, and mention complete address where the activities being carried out. Please report total receipts including any voluntary contributions, Government grants out of the total receipts, application towards object of the institution and accumulation of income in the respective columns. The disclosure of all receipts is mandatory in case claim of TDS credit has been made.
The amount of claim of exemption should be mentioned in Part B-TI against the respective item.
Schedule-IE-4 – Income & Expenditure statement
Please furnish the Income & Expenditure statement for the year in this Schedule, if you are claiming exemption under sub-clauses (iiiad) or (iiiae) of section 10(23C) (i.e. university or other educational institutions or hospital or other similar institutions if the aggregate annual receipt does not exceed the prescribed amount).
Please specify object of the institution from the dropdown list provided, and mention complete address where the activities being carried out. Please report gross annual receipts, amount applied towards object of the institution and accumulation of income in the respective columns. The disclosure of all receipts is mandatory in case claim of TDS credit has been made.
The amount of claim of exemption should be mentioned in Part B-TI against the respective item.
Schedule HP- Details of Income from House Property
| Please indicate ownership of the house property, income from which is being reported in this Schedule, by selecting from the list in the drop down menu – Self/Minor/Spouse/Others | ||
| Field Name | Instruction | |
| Address of property | Please enter the complete address of the property including name of town or city, State and Pin code/Zip code. The name of State has to be selected from the drop down list. | |
| Town/City | ||
| State | ||
| Pin code/ Zip code | ||
| Is the property co-owned | Please state whether the property is co-owned by you along with other owners by ticking the applicable checkbox –
♦ Yes ♦ No |
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| Assessee’s percentage of share in the Property | If yes, please specify your percentage share in the property in the given box. | |
| Name of Co-owners | If yes, please specify the name, PAN and respective percentage shares of other co-owners of the property. Please add rows as necessary. | |
| PAN of Co-owner(s) | ||
| Percentage share of the co-owners in property | ||
| Type of House property | Please tick the applicable check box, indicating the usage of the house property during the previous year-
(a) If the house property, or part thereof, was actually let out during whole or part of the year, tick ‘Let Out’ (b) If the house property, or part thereof, is deemed to be let out u/s 23(4), tick ‘Deemed Let Out’. |
|
| Name(s) of Tenant | If the property was actually let out during the year or part of the year, please mention name, PAN and TAN of the tenant(s). Furnishing of PAN of tenant is mandatory if tax has been deducted at source u/s 194-IB. Furnishing of TAN of tenant is mandatory if tax has been deducted at source u/s 194-I. | |
| PAN of Tenant(s) | ||
| PAN/TAN of Tenant(s) | ||
| 1a | Gross rent received/ receivable/ letable value during the year | If the house property is actually let out, please enter the amount of actual rent received or receivable in respect of the property during the year. Otherwise, enter the amount for which the property might reasonably be expected to let during the year. |
| 1b | The amount of rent which cannot be realised | Please enter the amount of rent, out of the Gross rent receivable, which cannot be realised by the owner and has become irrecoverable. [Please refer Rule 4 and Explanation below sub-section (1) of section 23] |
| 1c | Tax paid to local authorities | Please enter the amount of tax on house property which has been actually paid during the year, to local authorities such as municipal taxes paid etc. |
| 1d | Total (1b + 1c) | This is an auto-populated field representing the aggregate of unrealised rent [1b] and taxes paid to local authorities [1c]. |
| 1e | Annual Value (1a–1d) | This is an auto-populated field representing the amount of Gross rent [1a] as reduced by amounts deductible therefrom for computing annual value [1d]. In case of self-occupied property, this field shall be taken as Nil. |
| 1f | 30% of 1f | Please enter 30% of Annual Value of your share of your property. |
| 1g | Interest payable on borrowed capital | In case the property has been acquired/ constructed/repaired/ renewed/ reconstructed with borrowed capital, please enter the actual amount of interest payable on such borrowed capital.
In case the house property is ‘self-occupied’ as per provisions of section 23(2), the amount of interest payable on borrowed capital shall be restricted to Rs. 2 lakh or 30 thousand, as the case may be. |
| 1h | Total (1f + 1g) | This is an auto-populated field representing the aggregate of amounts deductible u/s 24 under the head ‘house property’, namely, 30% of annual value [1f] and interest payable on borrowed capital [1g]. |
| 1i | Arrears/Unrealized Rent received during the year Less 30% | In case arrears of rent have been received, or unrealised rent has been realised subsequently from a tenant in respect of the house property, during the year, please enter the amount of arrears/unrealized rent so received, after reducing a sum equal to 30% of the arrears/unrealised rent. |
| 1j | Income from house property 1 (1f-1i+1j) | This is an auto-populated field representing the net income from house property which is computed as annual value [1f] as reduced by total amounts deductible u/s 24 [1i] and as increased by arrears of rent etc. [1j] |
| Please fill up all the details above separately for each property owned or co-owned by you during the year income from which is assessable under the head ‘house property‘ and compute net income from each house property separately. | ||
| 2 | Income from house property 2 (2e-2h+2j) | This represents income from house property-2 which is computed in a similar manner as given at item No. 1 above. |
| 3 | Pass through income, if any | The details of pass through income from business trust or investment fund as per section 115UA or 115UB are required to be reported separately in Schedule PTI.
If any amount of pass through income reported therein is of the nature of house property income, the same has to be reported at this column in the Schedule HP for including the same in head-wise computation. |
| 4 | Income under the head “Income from house property” | This is an auto-populated field representing the aggregate of net incomes from all house properties owned during the year [1j + 2j +….] and also the pass through income of the nature of house property [3]. |
Schedule CG – Capital Gains
Capital gains arising from sale/transfer of different types of capital assets have been segregated. In a case where capital gains arises from sale or transfer of more than one capital asset, which are of same type, please make a consolidated computation of capital gains in respect of all such capital assets of same type.
However, in case of long term capital gains (LTCG) arising on sale of equity shares in a company or unit of equity oriented fund or unit of business trust on which STT is paid, computation of capital gains should be made as per item No. B2. Please note that separate computation of capital gains should be made for each scrip or units of mutual fund sold during the year. The net capital gains arising on sale of individual scrips should be aggregated. Thereafter, tax shall be charged at a flat rate of 10% on the aggregate LTCG, as reduced by Rupees One lakh, for the purpose of tax computation.
Part A of this Schedule provides for computation of short-term capital gains (STCG) from sale of different types of capital assets.
Part B of this Schedule provides for computation of long-term capital gains (LTCG) from sale of different types of capital assets.
The details of pass through income from business trust or investment fund as per section 115UA or 115UB are required to be reported separately in Schedule PTI. In case any amount of pass through income reported therein is of the nature of short-term capital gain, the same has to be reported at item No. A5 of this Schedule. Further, in case any amount of pass through income reported therein is of the nature of long-term capital gain, the same has to be reported at item No. B3 of this Schedule.
Part C of this Schedule computes the total of short-term capital gain (item No. A6) and long-term capital gain (item No. B4). In case the total amount of long-term capital gain at item No. B4 is a loss figure, the same shall not be allowed to be set off against short-term capital gains. In such a case, the figure at item No. B4 should be taken as Nil and only the figure of item No. A6 should be taken as item C.
For computing long-term capital gain, cost of acquisition and cost of improvement may be indexed, if required, on the basis of following cost inflation index notified by the Central Government for this purpose.
| Sl.No. | Financial Year | Cost Inflation Index |
| 1. | 2001-02 | 100 |
| 2. | 2002-03 | 105 |
| 3. | 2003-04 | 109 |
| 4. | 2004-05 | 113 |
| 5. | 2005-06 | 117 |
| 6. | 2006-07 | 122 |
| 7. | 2007-08 | 129 |
| 8. | 2008-09 | 137 |
| 9. | 2009-10 | 148 |
| 0. | 2010-11 | 167 |
| 1. | 2011-12 | 184 |
| 2. | 2012-13 | 200 |
| 3. | 2013-14 | 220 |
| 4. | 2014-15 | 240 |
| 5. | 2015-16 | 254 |
| 6. | 2016-17 | 264 |
| 7. | 2017-18 | 272 |
| 8. | 2018-19 | 280 |
Schedule-OS – Income from other sources
| Sl.No | Field Name | Instruction | |
| 1 | Gross income chargeable to tax at normal applicable rates | Please enter the gross amount of income from other sources which are chargeable to tax at normal applicable rates. This is an auto-populated field representing the aggregate of figures reported at column 1a, 1b, 1c, 1d and 1e below. | |
| 1a | Dividends, Gross | Please enter the amount of gross dividend income which is chargeable to tax at normal applicable rates. | |
| 1b | Interest, Gross | Please enter the gross amount of interest income which is chargeable to tax at normal applicable rates. Please indicate break-up of interest income from separate sources such as interest from savings bank account, interest on deposits with banks, post office or co-operative society, interest on income-tax refund, any pass through income in the nature of interest or any other interest income. | |
| 1c | Rental income from machinery, plants, buildings etc., Gross | Please enter the gross amount of rental income from letting of machinery, plants, furniture or buildings belonging to assessee which is chargeable under the head ‘income from other sources’ under sections 56(2)(ii) or 56(2)(iii). | |
| 1d | Income of the nature referred to in section 56(2)(x) which is chargeable to tax | Please enter the total amount of income of the nature referred to in section 56(2)(x) which is chargeable to tax at normal applicable rates. This is an auto-populated field representing the aggregate of figures reported at column di, dii, diii, div and dv below. | |
| 1di | Aggregate value of sum of money received without consideration | Please enter the aggregate value of any sum of money received without consideration, in case the aggregate value exceeds Rs. 50,000/-. | |
| 1dii | In case immovable property is received without consideration, stamp duty value of property | Please enter the stamp duty value of property received without consideration, in case the stamp duty value exceeds Rs. 50,000/-. | |
| 1diii | In case immovable property is received for inadequate consideration, stamp duty value of property in excess of such consideration | Please enter the stamp duty value of property in excess of consideration, in case the stamp duty value exceeds the consideration by more than Rs. 50,000/- or 5% of the consideration, whichever is higher. | |
| 1div | In case any other property is received without consideration, fair market value of property | Please enter the aggregate Fair Market Value (FMV) of the property received without consideration, in case FMV exceeds Rs. 50,000/-. | |
| 1dv | In case any other property is received for inadequate consideration, fair market value of property in excess of such consideration | Please enter the aggregate Fair Market Value (FMV) of the property in excess of the consideration, in case the FMV exceeds the consideration by more than Rs. 50,000/-. | |
| 2 | Income chargeable at special rates (2a+ 2b+ 2c+ 2d + 2e relating to 1) | Please enter the gross amount of income from other sources which is chargeable to tax at special rates such as winning from lotteries, income chargeable u/s 115BBE etc. This is an auto-populated field representing the aggregate of figures reported at column 2a, 2b, 2c, 2d, and 2e below.Please ensure that these incomes are also reported in Schedule SI (Income chargeable to tax at special rates) for proper computation of tax liability. | |
| 2a | Winnings from lotteries, crossword puzzles etc. chargeable u/s 115BB | Please report in this column, any income by way of winnings from any lottery or crossword puzzle or race including horse race or card game and other game of any sort or gambling or betting of any form or nature which is chargeable at special rates u/s 115BB. | |
| 2b | Income chargeable u/s 115BBE (bi + bii + biii + biv+ bv + bvi) | Please report in this column, aggregate of incomes of the nature referred to in section 115BBE which are chargeable at special rates as prescribed therein. This is an auto-populated field representing the aggregate of figures reported at columns 2bi, 2bii, 2biii, 2biv, 2bv and 2bvi below. | |
| 2bi | Cash credits u/s 68 | Please report in this column any sum in the nature of unexplained cash credit, deemed as income of the year u/s 68. | |
| 2bii | Unexplained investments u/s 69 | Please report in this column any unexplained investment which is not recorded in the books of accounts, deemed as income of the year u/s 69. | |
| 2biii | Unexplained money etc. u/s 69A | Please report in this column any unexplained money, bullion, jewellery or other valuable article which is not recorded in the books of accounts, deemed as income of the year u/s 69A. | |
| 2biv | Undisclosed investments etc. u/s 69B | Please report in this column any unexplained investment or any bullion, jewellery or other valuable article which is not fully recorded in the books of accounts, deemed as income of the year u/s 69B. | |
| 2bv | Unexplained expenditure etc. u/s 69C | Please report in this column, any unexplained expenditure or part thereof, deemed as income of the year u/s 69C. | |
| 2bvi | Amount borrowed or repaid on hundi u/s 69D | Please report in this column any amount borrowed on a hundi, or any repayment being due on a hundi, otherwise than through an a/c payee cheque drawn on a bank, deemed as income of the year u/s 69D. | |
| 2c | Accumulated balance of recognized provident fund taxable u/s 111 | In case any accumulated balance of a recognised provident fund is to be included in total income of the year, owing to the provisions of rule 8 of part A of the Fourth Schedule not being applicable, tax has to be computed year-wise as prescribed in rule 9. In such a case, please furnish the details of income benefit and tax benefit for each of the assessment years concerned. | |
| 2d | Any other income chargeable at special rate (total of di to dxix) | Please report in this column any other income under the head ‘income from other sources’ which is chargeable to tax at special rates. Please select the nature of income from drop down menu and enter the amount. In case of more than one type of income, please report each income as a separate line item. Please ensure that these incomes are also reported in Schedule SI (Income chargeable to tax at special rates) for proper computation of tax liability. | |
| List of types of income chargeable at special rate | (i) Dividends received by non-resident (not being company) or foreign company chargeable u/s 115A(1)(a)(i) | ||
| (ii) Interest received from Government or Indian concern on foreign currency debts chargeable u/s 115A(1)(a)(ii) | |||
| (iii) Interest received from Infrastructure Debt Fund chargeable u/s 115A(1)(a)(iia) | |||
| (iv) Interest referred to in section 194LC – chargeable u/s 115A(1)(a)(iiaa) | |||
| (v) Interest referred to in section 194LD – chargeable u/s 115A(1)(a)(iiab) | |||
| (vi) Distributed income being interest referred to in section 194LBA – chargeable u/s 115A(1)(a)(iiac) | |||
| (vii) Income from units of UTI or other Mutual Funds specified in section 10(23D), purchased in Foreign Currency – chargeable u/s 115A(1)(a)(iii) | |||
| (viii) Income from royalty or fees for technical services received from Government or Indian concern – chargeable u/s 115A(1)(b) | |||
| (ix) Income by way of interest or dividends from bonds or GDRs purchased in foreign currency by non-residents – chargeable u/s 115AC | |||
| (x) Income by way of dividends from GDRs purchased in foreign currency by residents – chargeable u/s 115ACA | |||
| (xi) Income (other than dividend) received by an FII in respect of securities (other than units referred to in section 115AB) – chargeable u/s 115AD(1)(i) | |||
| (xii) Income by way of interest received by an FII on bonds or Government securities referred to in section 194LD – chargeable as per proviso to section 115AD(1)(i) | |||
| (xiii) Tax on non-residents sportsmen or sports associations chargeable u/s 115BBA | |||
| (xiv) Anonymous Donations in certain cases chargeable u/s 115BBC | |||
| (xv) Income by way of dividend received by specified assessee, being resident, from domestic company exceeding rupees ten lakh chargeable u/s 115BBDA | |||
| (xvi) Income by way of royalty from patent developed and registered in India – chargeable u/s 115BBF | |||
| (xvii) Income by way of transfer of carbon credits – chargeable u/s 115BBG | |||
| (xviii) Investment Income of a Non-Resident Indian – chargeable u/s 115E | |||
| (xix) Any other income (please specify nature) | |||
| 2e | Pass through income in the nature of income from other sources chargeable at special rates | The details of pass through income from business trust or investment fund as per section 115UA or 115UB are required to be reported separately in Schedule PTI.If any amount of pass through income reported in Schedule PTI is of the nature of income from other sources, the same has to be reported at this column in the Schedule OS for including the same in head-wise computation.
Please select the nature of pass through income from drop down menu and enter the amount. In case of more than one type of pass through income, please report each income as a separate line item. |
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| List of types of pass through income chargeable at special rates | PTI-115A(1)(a)(i)- Dividends interest and income from units purchase in foreign currency | ||
| PTI-115A(1)(a)(ii)- Interest received from govt/Indian Concerns received in Foreign Currency | |||
| PTI-115A(1) (a)(iia) -Interest from Infrastructure Debt Fund | |||
| PTI-115A(1) (a)(iiaa) -Interest as per Sec. 194LC | |||
| PTI-115A(1) (a)(iiab) -Interest as per Sec. 194LD | |||
| PTI-115A(1) (a)(iiac) -Interest as per Sec. 194LBA | |||
| PTI-115A(1) (a)(iii) -Income received in respect of units of UTI purchased in foreign currency | |||
| PTI-115A(1)(b)(A)- Income from royalty & technical services | |||
| PTI-115A(1)(b)(B) Income from royalty & technical services | |||
| PTI-115AC(1)(a & b) – Income from bonds or GDR purchased in foreign currency – non-resident | |||
| PTI-115ACA(1)(a) – Income from GDR purchased in foreign currency -resident | |||
| PTI-115AD(1)(i) -Income received by an FII in respect of securities (other than units as per Sec 115AB) | |||
| PTI-115AD(1)(i) -Income received by an FII in respect of bonds or government securities as per Sec 194LD | |||
| PTI-115BBA – Income of non-residents sportsmen or sports associations PTI-115BBC – Anonymous donations | |||
| PTI-115BBDA – Dividend Income from domestic company exceeding 10 Lakh | |||
| PTI-115BBF – Income from patent | |||
| PTI-115BBG – Income from transfer of carbon credits | |||
| PTI-115E(a) – Investment income | |||
| PTI-115BB – Winnings from lotteries, crossword puzzles etc. | |||
| PTI-115BBE – Income under section 68, 69, 69A, 69B, 69C or 69
DPTI- Income from royalty where agreement entered between 31.3.1961 to 31.3.1976 and income from fees for technical services where agreement entered between 29.2.1964 and 31.3.1976, and agreement is approved by the Central Government. |
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| 2f | Amount included in 1 and 2 above,which is chargeable at special rates in India as per DTAA (total of column (2) of table below) | Please report in this column any income under the head ‘income from other sources’ which is chargeable at special rates in accordance with the relevant article of the Double Taxation Avoidance Agreement (DTAA) of India with another country. In the given table, please report the amount of income at column (2) and furnish other relevant details sought in the table such as relevant article of DTAA at column (5), treaty rate at column (6), rate as per Income-tax Act at column (9) and the applicable rate, which is lower of the two rates, at column (10). | |
| 3 | Deductions under section 57:- (other than those relating to income chargeable at special rates under 2a, 2b & 2d) | Any claim of deduction u/s 57 relating to income under the head ‘income from other sources’ chargeable at normal applicable rates should be mentioned here. | |
| 4 | Amounts not deductible u/s 58 | Any amount which is not deductible in computing income chargeable under the head ‘income from other sources’ by virtue of section 58 should be reported in this column. In case any expenditure or deduction is claimed u/s 57 but the whole or part thereof becomes inadmissible as per section 58, the same should also be reported here. | |
| 5 | Profits chargeable to tax u/s 59 | Any profit which is chargeable to tax under the head ‘income from other sources‘ by virtue of section 59 read with section 41 should be reported in this column. | |
| 6 | Net Income from other sources chargeable at normal applicable rates (1 – 3 + 4 + 5- 2f relating to 1) (If negative take the figure to 3i of Schedule CYLA) | Please enter the net amount of income under the head ‘income from other sources’ which is chargeable to tax at normal applicable rates.
This is an auto-populated field representing the gross income from other sources chargeable at normal rates [item 1] as reduced by deductions u/s 57 [item 3] and as increased by amounts not deductible u/s 58 [item 4] and profits chargeable to tax u/s 59 [item 5]. |
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| 7 | Income from other sources (other than from owning race horses)(2+6) (enter 6 as nil, if negative) | Please enter the aggregate of incomes chargeable under the head ‘income from other sources‘, excluding the income from activity of owning and maintaining race horses.
This is an auto-populated field representing the aggregate of income chargeable at special rates [item 2] and net income chargeable at normal applicable rates [item 6]. |
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| 8 | Income from the activity of owning and maintaining race horses | Please report in this column net income from the activity of owning and maintaining race horses. Please furnish break-up in terms of gross receipts at item 8a, deductions in relation to such activity at item 8b, amounts not deductible as per section 58 relating to this activity at item 8c, profit chargeable to tax as per section 59 relating to this activity at item 8d and compute the net income at item 8e accordingly.
In case the net income computed at item 8e is negative, take this figure to item 6xi of Schedule CFL for carry forward of loss from the activity of owning and maintaining race horses to future years. |
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| 9 | Income under the head “Income from other sources” (7+8e) (take 8e as nil if negative) | Please compute in this column the aggregate income chargeable under head ‘income from other sources’.
This is an auto-populated field representing the aggregate of income from other sources (other than from owning and maintaining race horses) computed at item 7 and net income from the activity of owning and maintaining race horses computed at item 8e. |
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| 10 | Information about accrual/receipt of income from Other Sources | Please report the period-wise details of accrual or receipt of incomes under the head ‘income from other sources’ in the table given at this column.
The details have to be furnished separately for dividend income of the nature referred to in section 115BBDA and any income by way of winnings from lotteries, crossword puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix) |
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| Note: Please include the income of the specified persons (spouse, minor child etc.) referred to in Schedule SPI while computing the income under this head. | |||
Schedule-OA – General
In case you have any income under the head ―business and profession‖, please furnish the general information relating to such business activity during the year in this Schedule, such as nature of business, method of accounting, method of valuation of stock etc.
Schedule-BP – Computation of income from business or profession
In case you have any income under the head ‘Profits and gains of business or profession‘, please fill up the particulars for computation of income under that head in this Schedule.
In part A of this Schedule, income from business or profession other than speculative business and specified business is computed starting from the net profit before taxes arrived at in the profit and loss account.
Thereafter, profits or incomes of the following nature, which are included in the above net profit are deducted therefrom for separate consideration:-
- Profit from speculative businesses
- Profit from specified businesses u/s 35AD
- Profits from business or profession computed on presumptive basis
- Incomes chargeable at special rates
- Incomes credited to P&L which is exempt
Expenses debited to the P&L account considered under other heads of income and expenses relating to exempt income should be reported at item No. 7 and 8 respectively. The total of such expenses are added back to arrive at adjusted profit or loss at item No. 10.
Item No. 11 provides for addition of deemed incomes under various provisions. Item No. 12 is the residual column for entering any other type of addition under the head of ‘business or profession‘ (from section 28 to section 44DA). Any other income which is not included in the P&L account such as salary, commission, bonus or interest earned by the individual/HUF from any firm as a partner, should be separately reported at item No. 13. The aggregate amount after adding back the deemed incomes and other incomes is captured as an auto-filled figure at item No. 14.
The depreciation admissible as per section 32(1)(iii) of the Act should be reported at item No. 15. Item No. 16 is the residual column for entering any other amount allowable as deduction. The aggregate amount of deductions allowable are captured as an auto-filled figure at item No. 17.
The net business income is computed at item No. 18, after adding the aggregate amount of additions and disallowances (item No. 11 to 13) to the adjusted profit and loss (item No. 10) and reducing the permissible deductions therefrom (item No. 17).
The profits and gains from business and profession computed as per special provisions on presumptive basis are reported separately at item No. 19. Profits in respect of each such activity should be reported as a separate line item.
The total net profit from business or profession is computed at item No. 20 as aggregate of net business income (item No. 18) and profits computed on presumptive basis (item No. 19).
In a case where income from activities covered under Rule 7, 7A, 7B and 8 is included in the P&L account, the net business income chargeable after applying these rules is required to be mentioned at item No. 21.
In any other case, only the figure of net profit from business or profession computed at item No. 20 should be reported at Part B of this Schedule provides for separate item No. 21.
computation of income from speculative business, in case any profit from speculative business was included in the P&L account.
Part C of this Schedule provides for computation of income from specified business u/s 35AD, in case any profit from specified business was included in the P&L account.
The total income chargeable under the head ‘profits and gains from business and profession‘ is computed at Part D of this Schedule, as aggregate of net profit from business or profession other than specified business or speculative business (item No. A21), income from speculative business (item No. B27) and income from specified business (item No. C33).
Please note that losses from specified businesses or speculative businesses, if any, are not allowed to be set off against normal business income. Therefore, in case the net income from speculative business at item No. B27 is a loss figure, or net income from specified business at item No. C33 is a loss figure, the same shall not be allowed to be set off against normal business income. In such a case, the figures at item No. B27 or item No. C33, as applicable, should be taken as Nil and only the figure of item No. A21 should be reported in part D.
Part E of this Schedule is to be filled up only in case of trust or institutions registered under section 12A/12AA. Income shown in the account of the business undertaking referred to in section 11(4) should be reported at item No. 35. Income chargeable to tax under section 11(4) has to be determined by the Assessing Officer to be reported at item No. 36. This item should not be filled up by the assessee.
Schedule-CYLA- Details of Income after set-off of current year losses
If the net result of computation under the head ‘income from house property‘, ‘profits and gains from business or profession‘ and ‘income from other sources‘ is a loss figure, please fill up the figure of loss in the first row under the respective head. Please note that loss from speculative business or specified business cannot be set off against income under other heads for the current year. Similarly, loss from activity of owning and maintaining horse races cannot be set off against income under other heads for the current year.
The positive income computed under various heads of income for the current year should be mentioned in column (1) in the relevant row for the respective head. Short-term capital gains or long-term capital gains should be mentioned in separate rows as indicated in the Schedule.
The losses mentioned in row (i) can be set off against positive incomes mentioned under other heads in column (1) in accordance with the provisions of section 71.
In a case where loss is computed under the head ―income from house property‖, such loss can be set off against income under any other head only to the extent it does not exceed rupees two lakh.
The amount of current year loss which is set off against the income computed under other heads should be entered into in columns 2, 3 and 4, in the relevant rows.
In column (5), please mention the net income remaining after set off of current year losses, under the respective heads of income, in the relevant rows.
In row (ix), please mention the total of current year losses set off, out of the columns (2), (3) and (4).
In row (x), please mention the remaining loss under various heads i.e. house property loss at column (2), business loss at column (3) and loss from other sources at column (4).
Schedule PTI – Pass Through Income details from business trust or investment fund as per section 115UA, 115UB
In this Schedule, please report the details of pass through income received from business trust or investment fund as referred to in section 115UA or 115UB.
The details of pass through income received from each business trust or investment fund should be reported in separate rows.
Please mention the name and PAN of the business trust or investment fund from which income has been received in columns (2) and (3) respectively.
In columns (5) and (6), please mention the amount of income received under the respective head of income and TDS deducted on such amount.
The break-up of income received from each business trust etc. is required to be furnished in these columns under the following heads of income:-
(a) House property
(b) Short-term capital gains
(c) Long-term capital gains
(d) Income from other sources
(e) Income which is claimed to be exempt u/s 10(23FBB) or 10(23FD) etc.
Schedule-SI – Income chargeable to tax at special rates
In this Schedule, please report income forming part of total income which is chargeable to tax at special rates at column (i) and tax chargeable thereon at such special rates at column (ii). The amount under various types of incomes has to be taken from the amounts mentioned in the relevant Schedules as indicated against each type of income.
Schedule-115TD- Accreted income under section 115TD
This Schedule should be filled up only by the trusts or institutions registered under section 12AA, where any of the events mentioned in clauses (a), (b) or (c) of sub-section (1) of section 115TD has taken place during the previous year.
In such a case, in addition to the income-tax chargeable in respect of the total income of the trust or institution, the accreted income thereof computed in accordance with the provisions of section 115TD is chargeable to tax. Such trust or institution is liable to pay additional income-tax at the maximum marginal rate on such accreted income.
The details of payment of tax on accreted income should be mentioned at item Nos. 13 to 17 of this Schedule.
Schedule FSI- Details of Income from outside India and tax relief
In this Schedule, please report the details of income, which is already included in total income, accruing or arising from any source outside India. Please note that such income should also be separately reported in the head-wise computation of total income. The relevant head of income under which such foreign source income has been reported should also be duly mentioned in the relevant column here.
For country code use the International Subscriber Dialing (ISD) code of the country.
The Tax Payer Identification Number (TIN) of the assessee in the country where tax has been paid is to be filled up. In case TIN has not been allotted in that country, then, passport number should be mentioned.
In case any tax has been paid outside India on such foreign source income and tax relief, as admissible, is being claimed in India, the relevant article of applicable DTAA should also be mentioned.
Schedule TR- Summary of tax relief claimed for taxes paid outside India
In this Schedule, please provide a summary of tax relief which is being claimed in India for taxes paid outside India in respect of each country. This Schedule captures a summary of detailed information furnished in the Schedule FSI.
In column (a) and (b), please specify the relevant country code and Taxpayer Identification Number (TIN) respectively.
For country code use the International Subscriber Dialing (ISD) code of the country.
The Tax Payer Identification Number (TIN) of the assessee in the country where tax has been paid is to be filled up. In case TIN has not been allotted in that country, then, passport number should be mentioned.
In column (c) mention the tax paid outside India on the income declared in Schedule FSI which will be the total tax paid under column (c) of Schedule FSI in respect of each country.
In column (d) mention the tax relief available which will be the total tax relief available under column (e) of Schedule FSI in respect of each country.
Schedule FA- Details of Foreign Assets and Income from any source outside India
If you are a resident in India, you are required to furnish details of any foreign asset etc. in this Schedule. This Schedule need not be filled up if you are ‘not ordinarily resident‘ or a ‘non-resident‘.
In tables A1 to G, please furnish the details of foreign assets or accounts of the following nature, held at any time during the relevant accounting period:-
> Table A1 – Foreign depository accounts
> Table A2 – Foreign custodian accounts
> Table A3 – Foreign equity and debt interest
> Table A4 – Foreign cash value insurance contract or annuity contract
> Table B – Financial interest in any entity outside India
> Table C – Any immovable property outside India
> Table D – Any other capital assets outside India.
> Table E – Any other account located outside India in which you are a signing authority (which is not reported in tables A1 to D)
> Table F – Trust created outside India in which you are a trustee, a beneficiary or settlor
> Table G – Any other income derived from any foreign source (which is not reported in tables A1 to F)
In case you are a resident in India, the details of all foreign assets or accounts in respect of which you are a beneficial owner, a beneficiary or the legal owner, is required to be mandatorily disclosed in the Schedule FA. For this purpose,-
(a) Beneficial owner in respect of an asset means an individual who has provided, directly or indirectly, consideration for the asset and where such asset is held for the immediate or future benefit, direct or indirect, of the individual providing the consideration or any other person.
(b) Beneficiary in respect of an asset means an individual who derives an immediate or future benefit, directly or indirectly, in respect of the asset and where the consideration for such asset has been provided by any person other than such beneficiary.
In case you are both a legal owner and a beneficial owner, please mention legal owner in the column of ownership.
In table A1, the peak balance in the account during the accounting period, closing balance as at the end of accounting period and gross interest paid or credited to the account during the accounting period is required to be disclosed after converting the same into Indian currency.
In table A2, the peak balance in the account during the accounting period, closing balance as at the end of accounting period and gross amount paid or credited to the account during the accounting period is required to be disclosed after converting the same into Indian currency. The nature of gross amount paid should be specified from the drop-down list viz. interest, dividend, proceeds from sale or redemption of financial assets or other income, and the respective amount should be mentioned.
In table A3, the initial value of investment, peak value of investment during the accounting period, closing value of investment as at the end of accounting period, gross interest paid, total gross amount paid or credited to the account during the accounting period, and total gross proceeds from sale or redemption of investment during the accounting period is required to be disclosed after converting the same into Indian currency.
In table A4, the cash value or surrender value of the insurance contract or annuity contract as at the end of accounting period and total gross amount paid or credited with respect to the contract is required to be disclosed after converting the same into Indian currency.
In table B, the value of total investment at cost held at any time during the accounting period and nature and amount of income accrued therefrom during the accounting period is required to be disclosed after converting the same into Indian currency. Further, amount of income which is chargeable to tax in India, out of the foreign source income, should also be specified at column (10). The relevant Schedule of the ITR where income has been offered to tax should be mentioned at column (11) and (12).
For the purposes of disclosure in table B, financial interest would include, but would not be limited to, any of the following cases:-
(1) the resident assessee is the owner of record or holder of legal title of any financial account, irrespective of whether he is the beneficiary or not; or
(2) the owner of record or holder of title is one of the following:-
(i) an agent, nominee, attorney or a person acting in some other capacity on behalf of the resident assessee with respect to the entity;
(ii) a corporation in which the resident assessee owns, directly or indirectly, any share or voting power;
(iii) a partnership in which the resident assessee owns, directly or indirectly, an interest in partnership profits or an interest in partnership capital;
(iv) a trust of which the resident assessee has beneficial or ownership interest;
(v) any other entity in which the resident assessee owns, directly or indirectly, any voting power or equity interest or assets or interest in profits.
In table C, the value of total investment at cost in the immovable property held at any time during the accounting period and nature and amount of income derived from the property during the accounting period is required to be disclosed after converting the same into Indian currency. Further amount of income which is chargeable to tax in India, out of the foreign source income, should also be specified at column (9). The relevant Schedule of the ITR where income has been offered to tax should be mentioned at column (10) and (11).
In table D, the value of total investment at cost of any other capital asset held at any time during the accounting period and nature and amount of income derived from the capital asset during the accounting period is required to be disclosed after converting the same into Indian currency. Further amount of income which is chargeable to tax in India, out of the foreign source income, should also be specified at column (9). The relevant Schedule of the ITR where income has been offered to tax should be mentioned at column (10) and (11).
For the purposes of disclosure in table D, capital assets shall include any other financial asset which is not reported in table B, but shall not include stock-in-trade and business assets which are included in the Balance Sheet.
In table E, the value of peak balance or total investment at cost, in respect of the accounts in which you have a signing authority, during the accounting period is required to be disclosed after converting the same into Indian currency. Please note that only those foreign accounts which have not been reported in table A1 to table D above should be reported in this table. In case the income accrued in such foreign account is taxable in India, please specify the amount of income which is chargeable to tax in India at column (9) and the relevant Schedule of the ITR at column (10) and (11).
In table F, the details of trusts set up under the laws of a country outside India in which you are a trustee, beneficiary or settlor is required to be disclosed. In case any income derived from such trust is taxable in your hands in India, please specify the amount of income which is chargeable to tax in India at column (10) and the relevant Schedule of the ITR at column (11) and (12).
In table G, the details of any other income, derived from any foreign source, which is not included in the tables A1 to F above is required to be disclosed. In case any income out of the income derived from foreign source is taxable in your hands in India, please specify the amount of income which is chargeable to tax in India at column (7) and the relevant Schedule of the ITR at column (8) and (9).
For the purpose of this Schedule, the accounting period means the period comprising:-
(a) from 1st January, 2018 to 31st December, 2018 in respect of foreign assets or accounts etc. held in those jurisdictions where calendar year is adopted as basis for the purpose of closing of accounts and tax filings;
(b) from 1st April, 2018 to 31st March, 2019 in respect of foreign assets or accounts etc. held in those jurisdictions where financial year is adopted as basis for the purpose of closing of accounts and tax filings; or
(c) that period of 12 months, which ends on any day succeeding 1st April, 2018, in respect of foreign assets or accounts held in those jurisdictions where any other period of 12 months is adopted as basis for the purpose of closing of accounts and tax filings.
For the purpose of this Schedule, the rate of exchange for conversion of the peak balance or value of investment or the amount of foreign sourced income in Indian currency shall be the ―telegraphic transfer buying rate‖ of the foreign currency as on the date of peak balance in the account or on the date of investment or the closing date of the accounting period.
For the purposes of this Schedule, “telegraphic transfer buying rate”, in relation to a foreign currency, means the rate or rates of exchange adopted by the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), for buying such currency, having regard to the guidelines specified from time to time by the Reserve Bank of India for buying such currency, where such currency is made available to that bank through a telegraphic transfer.
Schedule SH – Shareholding of Unlisted Company
If you are an unlisted company, please furnish the following details in respective columns of this Schedule:
(i) The details of shareholding as on 31stMarch, 2019;
(ii) The details of equity share application money pending allotment as on 31st March, 2019; and
(iii) The details of shareholder who did not have a shareholding as on 31st March, 2019 but had a shareholding during the financial year 2018-19.
Part B – TI – Computation of total income
| In this part, total income for the year is required to be computed separately for various category of persons. If you are a trust or institution registered under section 12A/12AA or have obtained approval for the purposes of sub-clause (iv), (v), (vi) or (via) of clause (23C) of section 10, please fill up the particulars at item No. 1 to 7 for computation of total income for the year. If you are a person claiming exemption under any other clause of section 10, please mention the amount eligible for exemption at item No. 8 or 9 or 10, as applicable. If you are a political party claiming exemption under section 13A, please mention the amount eligible for exemption at item No. 12a. If you are an electoral trust claiming exemption under section 13B, please mention the amount eligible for exemption at item No. 12b. At item No.13, please mention the amount under respective heads of income, which is chargeable to tax during the year (i.e. the head wise income which is not eligible for exemption for the year), and compute gross income at item No. 14. Thereafter, losses for the current year as per the Schedule CYLA should be set-off from to arrive at the figure of gross total income at item No. 16. | ||
| Field No. | Field Name | Instruction |
| If you are a trust or institution registered under section 12A/12AA or approved under any of these sub-clauses (iv) or (v) or (vi) or (via) of section 10(23C), please fill out the particulars at item No. 1 to 7. | ||
| 1 | Voluntary Contributions other than Corpus fund [(Aiie + Bii) of Schedule VC] | In this item, please mention the total amount of voluntary contribution (other than corpus fund) received during the year.
This is an auto-populated field figure taken from Schedule VC (Aiie + Bii). |
| 2 | Voluntary contribution forming part of corpus [(Ai + Bi) of schedule VC] | In this item, please mention the total amount of voluntary contribution (forming part of corpus fund) received during the year.
This is an auto-populated field, figure taken from Schedule VC (Ai + Bi). |
| 3 | Aggregate of income referred to in sections 11, 12 and sections 10(23C)(iv), 10(23C)(v), 10(23C)(vi) and 10(23C)(via) derived during the previous year excluding Voluntary contribution included in 1 and 2 above (10 of Schedule AI) |
Please enter the aggregate of income derived during the previous year (excluding voluntary contributions reported at item No. 1 and 2 above).
This is an auto-populated field, figure taken from Schedule AI (item 10). |
| 4 | Application of income for charitable or religious purposes or for the stated objects of the trust/institution:-
In this item, please fill up the details of application of income for charitable or religious purposes or for the stated objects of the trust or institution during the previous year. |
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| 4i | Amount applied during the previous year- Revenue Account [Excluding application from borrowed fund, deemed application, previous year accumulation upto 15% etc, i.e. not from the income of prev. year] [(A16 + B10- E2-E3-E4-E5) from Schedule ER] |
In this item, please enter the amount which is applied during the previous year on Revenue account, out of income derived from the property or income earned during the previous year.
This is an auto-populated field figure taken from Schedule ER (A16+B10-E2-E3-E4-E5). |
| 4ii | Amount applied during the previous year- Capital Account [Excluding application from Borrowed Funds, deemed application, previous year accumulation upto 15% etc., i.e. not from income of the prev. year] [(5 –A2-A3-A4-A5) of Schedule EC] |
In this item, please enter the amount which is applied during the previous year on Capital account, out of income derived from the property or income earned during the previous year.This is an auto-populated field figure taken from Schedule EC (5-A2-A3-A4-A5). |
| 4iii | Amount applied during the previous year – Revenue/ Capital Account (Repayment of Loan) |
In this item, please enter the amount applied during the previous year towards repayment of loan, whether as principle amount or interest thereon, on Revenue or Capital account. |
| 4iv | Amount deemed to have been applied during the previous year as per clause (2) of Explanation to section 11(1) |
In this item, please enter the amount which is deemed to have been applied during the previous year within the meaning of clause (2) of Explanation to section 11(1).
Please note that it is mandatory to exercise the option under the relevant provisions by furnishing the prescribed form i.e. Form 9A electronically within the due date. Please mention the date of furnishing Form 9A, if any claim of deemed application of income has been made. |
| 4iva | If (iv) above applicable, whether option in Form No. 9A has been furnished to the Assessing Officer |
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| 4ivb | If yes, date of furnishing Form No. 9A (DD/MM/YYYY) |
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| 4v | Amount accumulated or set apart for application to charitable or religious purposes or for the stated objects of the |
In this item, please enter the amount which is accumulated or set apart for application to charitable or religious purposes or for stated objects. Please note that the amount so accumulate or set apart should not exceed |
| trust/institution to the extent it does not exceed 15 per cent of income derived from property held in trust/ institution under section 11(1)(a)/11(1)(b) or in terms of third proviso to section 10(23C) [restricted to the maximum of 15% of (2 + 3) above] | 15% of the income derived from property (i.e.15% of amount entered at item No. 1 and 3 above). | |
| 4vi | Amount in addition to amount referred to in (iv) above, accumulated or set apart for specified purposes if all the conditions in section 11(2) and 11(5) or third proviso to section 10(23C) are fulfilled (fill out Schedule I) |
In this item, please enter the amount accumulated or set apart for application, (in excess of the 15% ceiling mentioned at item No. 4v above), in respect of which all the conditions mentioned in sub-section (2) and sub-section (5) of section 11, or the conditions mentioned in third proviso to section 10(23C), as the case may be, are fulfilled.
Please note that it is mandatory to furnish the prescribed form i.e. Form 10 electronically before the due date for making any claim u/s 11(2). Please ensure to fill out details of amounts accumulated or set apart in Schedule I, and the details of investments of funds in Schedule J (as applicable). |
| 4vii | Amount eligible for exemption under section 11(1)(c) | In this item, please enter the amount eligible for exemption u/s 11(1)(c). Please also mention the details of approval given by the Board i.e. the approval number and the date of approval in the respective columns. |
| 4viia | Approval number given by the Board | |
| 4viib | Date of approval by board | |
| 4viii | Total [4i + 4ii + 4iii + 4v + 4vi + 4vii] (excluding the item 4iv – Utilisation of deemed income of an earlier year) |
In this item, please enter the total amount in respect of which exemption is claimed for the previous year (excluding the amount utilised out of deemed income of an earlier year). |
| 5 | Additions
In this item, please enter the amounts which are required to be added back on account of non-compliance of various provisions of the Act. |
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| 5i | Corpus donation to other trust or institution chargeable as per Explanation 2 to section 11(1) [item No. B1(i) of Schedule ER] |
In this item, please enter the amount of corpus donation to other trust or institution which is chargeable to tax as per Explanation 2 to section 11(1).
This is an auto-populated figure which is taken from Schedule ER [item No. B1(i)]. |
| 5ii | Income chargeable under section 11(1B) | In this item, please enter the amount of income which is chargeable under section 11(1B). |
| 5iii | Income chargeable under section 11(3) | In this item, please enter the amount of income which is chargeable under section 11(3).
Please note that the amount should include the total amount reported at column 8 of Schedule I. |
| 5iv | Income in respect of which exemption under section 11 is not available |
In this item, please enter the amount of any incomes in respect of which exemption under section 11 is not available.
In item No. 5iva, please enter the amount of anonymous donation chargeable under section 115BC, which is reported in Schedule VC (item No. Diii). In item No. 5ivb, please enter the amounts which are disallowable under clause (c) or (d) of section 13(1). Please note that the amount entered here should include the total amount reported in part E of Schedule J. |
| 5iva | Being anonymous donation (Diii of Schedule VC) | |
| 5ivb | Disallowable u/s 13(1)(c) or 13(1)(d) (including Part E of Schedule J) | |
| 5v | Income chargeable under section 12(2) | In this item, please enter the amount of income which is chargeable under section 12(2). |
| 5vi | Amount disallowable under section 11(1) r.w.s 40(a)(ia) or 10(23C) r.w.s 40(a)(ia) | In this item, please enter the amount which is disallowable under section 11(1) read with section 40(a)(ia) or under section 10(23C) read with section 40(a)(ia). |
| 5vii | Amount disallowable under section 11(1) r.w.s 40A(3)/(3A) or 10(23C) r.w.s 40A(3)/(3A) | In this item, please enter the amount which is disallowable under section 11(1) read with section 40A(3)/(3A) or under section 10(23C) read with section 40A(3)/(3A). |
| 5viii | Total [5i + 5ii + 5iii + 5iva + 5ivb + 5v + 5vi + 5vii] | In this item, please enter the total amount of additions (total of amounts at item No. 5i, 5ii, 5iii, 5iva, 5ivb, 5v, 5vi and 5vii). |
| 6 | Income chargeable u/s 11(4) [as per item No. E36 of Schedule BP] | In this item, please enter the amount of income of business undertaking which is chargeable under section 11(4). This is an auto-populated figure taken from item No. E36 of Schedule BP. |
| 7 | Total (2+3-4viii+5viii+6) | In this item, please enter the total income for the previous year (item No. 2 and 3) after reducing claim of exemption therefrom (item No. 4viii) and adding back the required amounts (item No. 5viii and 6). |
| If you are claiming exemption under any clause of section 10, please fill up the amount eligible for exemption at item No. 8 or 9 or 10 as applicable. | ||
| 8 | Amount eligible for exemption under sections 10(21), 10(22B), 10(23A), 10(23AAA), 10(23B), 10(23EC), 10(23ED), 10(23EE), 10(29A) | In this item, please enter the amount which is eligible for exemption, in case you are claiming exemption under any of the clauses (21) or (22B) or (23A) or (23AAA) or (23B) or (23EC) or (23ED) or (23EE) or (29A) of section 10. |
| 9 | Amount eligible for exemption under section 10(23C)(iiiab), 10(23C)(iiiac), 10(23C)(iiiad), 10(23C)(iiiae), 10(23D), 10(23DA), 10(23FB), 10(24), 10(46), 10(47) | In this item, please enter the amount which is eligible for exemption, in case you are claiming exemptions under these sub- clauses (iiiab) or (iiiac) or (iiiad) or (iiiae) of Section 10(23C) or clause (23D) or (23DA) or (23FB) or (24) or (46) or (47) of Section 10. |
| 10 | Amount eligible for exemption under any other clause of section 10 (other than those at 8 and 9) | In this item, please enter the amount which is eligible for exemption, in case you are claiming exemption under any other clause of section 10. |
| 11 | Income chargeable under section 11(3) read with section 10(21) |
In this item, please enter the amount of income which is chargeable under section 11(3) read with section 10(21). No exemption is allowable against such income. |
| 12a | Income claimed/ exempt under section 13A in case of a Political Party | In this item, please enter the amount which is eligible for exemption, in case you are claiming exemption under section 13A in case of a Political Party. |
| 12b | Income claimed/ exempt under section 13B in case of an Electoral Trust (item No. 6vii of Schedule ET) | In this item, please enter the amount which is eligible for exemption, in case you are claiming exemption under section 13B in case of an Electoral Trust. |
| 13 | Income not forming part of item No. 7 to 12 above:-
In this item, please furnish the headwise break-up of income which is non eligible for exemption for the previous year. |
|
| 13i | Income from house property [4 of Schedule HP] (enter nil if loss) | Please enter net income chargeable under the head ‗income from house property‘ as computed at item No. 4 of Schedule HP.
In case a loss figure is computed in Schedule HP, please enter nil in this column. The loss figure should instead be taken to Schedule CYLA for set-off against income under other heads for the current year. |
| 13ii | Profits and gains from business or profession [as per item No. D34 of Schedule BP] |
Please enter net profits and gains from business or profession chargeable to tax for the year. This figure has to be taken as computed at item No. D34 of Schedule BP.
In case a loss is computed from business or profession in Schedule BP, please enter nil in this column. The loss figure should instead be taken to Schedule CYLA for set-off against income under other heads for the current year. |
| 13iii | Income under the head Capital Gains | |
| 13iiia | Short term (A6 of schedule CG) | In this item, please enter the total amount of short-term capital gains chargeable to tax for the year, as computed in Schedule CG (item No. A6). |
| 13iiib | Long term (B4 of schedule CG) (enter nil if loss ) | In this item, please enter the total amount of long-term capital gains chargeable to tax for the year, as computed in Schedule CG (item No. B4). |
| 13iiic | Total capital gains (13iiia +13iiib) (enter nil if loss) | In this item, please enter the aggregate amount of capital gains chargeable to tax for the year. In case the computed figure is a loss, please enter nil in this column. |
| 13iv | Income from other sources [as per item No. 9 of Schedule OS] | Please enter net income under the head ‘income from other sources‘ which is chargeable to tax for the year, as computed in Schedule OS (item No. 9).In case a loss figure is computed under the head ‘income from other sources‘ please enter nil in this column. The loss figure should instead be taken to Schedule CYLA for set-off against income under other heads for the current year. |
| 13v | Total (13i + 13ii + 13iiic + 13iv) | Please enter the aggregate of incomes computed under various heads in this column which is chargeable to tax for the year. |
| 14 | Gross income [7+11+13v- 8-9-10-12a-12b] | In this item, please enter gross income as indicated. |
| 15 | Losses of current year to be set off against 13v (total of 2ix, 3ix and 4ix of Schedule CYLA) |
In this item, please enter the aggregate of losses computed under the heads of house property, business and other sources, if any, for the current year, to the extent such losses are permitted to be set-off against positive incomes under other heads for the current year, as per the Schedule CYLA.
This figure should be computed as aggregate of total of current year losses set-off with income as per items 2ix, 3ix and 4ix of Schedule CYLA. |
| 16 | Gross Total income (14-15) |
In this item, please enter remaining current year income after allowing for set-off of current year losses.This is an auto-populated figure taken as balance of gross income [item 14] as reduced by current year losses allowed to be set-off against such income [item 15]. |
| 17 | Income chargeable to tax at special rate under section 111A, 112 etc. included in 16 | In this item, please report aggregate of incomes under various heads which are chargeable to tax at special rates and are included in the Gross Total Income computed at item 16.
This figure should be taken from column (i) of Schedule SI. |
| 18 | Deduction u/s 10AA | This item is not applicable. |
| 19 | Total income (16-18) | In this item, please enter the amount of total income chargeable to tax for the previous year. |
| 20 | Income which is included in 19 and chargeable to tax at special rates [total of col. (i) of Schedule SI] | Please report in this column aggregate of incomes under various heads which are chargeable to tax at special rates and are included in the Total Income.
This figure should be taken from column (i) of Schedule SI. |
| 21 | Net agricultural income for rate purpose | Please report in this column net agricultural income which is required to be aggregated to the total income for the previous year for the purpose of determining the applicable rate of tax. |
| 22 | Aggregate Income (19- 20+21) [applicable if (19-20) exceeds maximum amount not chargeable to tax] | Please compute aggregate income in this item as Total Income [item 19] reduced by the income chargeable at special rates [item 20] and increased by the amount of net agricultural income [item 21] for rate purposes. |
| 23 | Anonymous donations, included in 22, to be taxed under section 115BBC @ 30% (Diii of Schedule VC) | In this item, please enter the amount of anonymous donations which are taxable under section 115BBC at the flat rate of 30%, which is reported in Schedule VC (item No. Diii). |
| 24 | Income chargeable at maximum marginal rates (22-23) | In this item, please enter the amount which is chargeable at maximum marginal rates. |
Part B – TTI – Computation of tax liability on total income
| Tax liability on aggregated total income should be computed at normal applicable rates, at special rates or maximum marginal rates, as applicable. The gross tax liability is computed after adding surcharge and health and education cess thereon. Tax reliefs under sections 90/90A/91, as admissible, are allowed to arrive at the net tax liability for the year. Interest and fees payable for various defaults in compliance are added thereto to compute the aggregate tax liability. The net amount payable or refundable is computed after claiming credit of prepaid taxes (advance tax, TDS, TCS and self-assessment tax). | ||
| Field No. | Field Name | Instruction |
| 1 | Tax payable on total income | Please compute tax payable on total income as per normal provisions in this column.
In column 1(a), compute tax at normal applicable rates on the aggregated total income as reduced by anonymous donation and income chargeable at maximum marginal rates. In column 1(b), please enter the amount of tax chargeable at special rates as per Schedule SI. In column 1(c), please enter the amount of tax charged at the rate of 30% on anonymous donation under section 115BBC. In column 1(d), please enter the amount of tax charged at maximum marginal rate in respect of item No. 24 of Part B-TI. In column 1(e), please enter the amount of rebate admissible on net agricultural income. |
| 2 | Surcharge | In this item, please compute surcharge leviable on tax liability in items 2(i) and 2(ii) respectively. |
| 3 | Health and Education cess @ 4% on (1f+ 2iii) | In this item, please compute health and education cess @4% of the tax after rebate. |
| 4 | Gross tax liability (1f+ 2iii + 3) | In this item, please compute the gross tax liability after adding surcharge and health and education cess. |
| 5 | Tax relief | In column 5(a), please enter the amount tax relief claim for taxes paid outside India in respect of countries where DTAA is applicable, as per section 90 or section 90A.
In column 5(b), please enter the amount tax relief claim for taxes paid outside India in respect of countries where DTAA is not applicable, as per section 91. In column 5(c), please compute the aggregate of claims of tax relief in the above columns. |
| 6 | Net tax liability (4 – 5c) | In this column, please compute net tax liability payable for the year after allowing the tax relief admissible. |
| 7 | Interest and Fee payable | In column 7(a), please enter the amount of interest chargeable for default in furnishing the return of income as per section 234A.
In column 7(b), please enter the amount of interest chargeable for default in payment of advance tax as per section 234B. In column 7(c), please enter the amount of interest chargeable for deferment in payment of advance tax as per section 234C. In column 7(d), please enter the amount of fee payable for default in furnishing the return of income as per section 234F. The fee payable is Rs. 5,000 in case the return is filed after the due date but by the 31st December, 2019. The fee payable is Rs. 10,000 in case the return is filed after 31st December, 2019. However, in case the total income does not exceed Rs. 5 lakh, the fee payable for default in furnishing the return of income u/s 234F shall not exceed Rs. 1,000/-. In column 7(e), please enter the aggregate amount of interest and fee payable, as |
| 8 | Aggregate liability (6+7e) | In this column, please enter the aggregate amount of tax, interest and fee payable for the year. |
| 9 | Taxes Paid | In this column, please enter the total amounts of advance tax, TDS, TCS and self-assessment tax for which credit is being claimed in this year.
The details of these tax payments should be mentioned at column 14 of Part B-TTI. |
| 10 | Amount payable | In case the aggregate amount payable [item 8] is higher than the taxes paid for the year [item 9e], please compute the net amount payable after claiming credit of taxes paid. |
| 11 | Refund | In case the taxes paid for the year [item 9e] is higher than the aggregate amount payable [item 8], please compute the net amount refundable. |
| 12 | Details of all Bank Accounts held in India at any time during the previous year |
Please provide the details of all the savings / current accounts held by you at any time in India during the previous year. It is not mandatory to provide details of dormant accounts which are not operational for more than 3 years. Please indicate the account in which you would like to get your refund credited irrespective of whether you have refund or not. The account number given should be as per Core Banking Solution (CBS) system of the bank. |
| IFS Code of the bank (SWIFT code in case of foreign bank) | Please enter the IFS Code of the Bank (11 digits) or as per IBAN in case of foreign bank account. | |
| Name of the Bank | Please enter name of the Bank | |
| Account Number | Please enter account number of the Bank | |
| 13 | Do you at any time during the previous year,-
(i) hold, as beneficial owner, beneficiary or otherwise, any asset (including financial interest in any entity) located outside India; or (ii) have signing authority in any account located outside India; or ( ) have income from any source outside India? |
In case you are a resident in India, and you are a legal or beneficial owner or a beneficiary of any foreign asset or a foreign account, or you have signing authority in any foreign account, or you have income from any foreign source, please tick ‘Yes‘ in this column. Please ensure to furnish details of such foreign assets or foreign accounts etc. in Schedule FA.Else tick ‘No’. |
Item No.14 – Tax payments
Part –A – Details of payments of Advance Tax and Self-Assessment Tax
| Please enter the relevant details of payment of advance tax or self-assessment tax. | ||
| Column No. |
Field Name | Instruction |
| 2 | BSR Code | Please enter the seven digit BSR code of Bank at which tax was deposited. |
| 3 | Date of Deposit | Please enter date on which tax was deposited in DD/MM/YYYY format. |
| 4 | Serial Number of Challan | Please enter the Serial Number of Challan. |
| 5 | Amount | Please enter the tax amount deposited. |
Part- B – Details of Tax Deducted at Source on income
| Please enter the relevant details of taxes deducted at source on income other than salary as appearing in Form 16A or Form 16B or Form 16C issued by the tax deductor | ||
| Column No. |
Field Name | Instruction |
| 2 | TDS credit relating to self /other person [Spouse as per section 5A/Other person as per Rule 37BA(2)] | Please specify in this column whether the TDS for which credit is being claimed was deducted in the hands of self or in the hands of other person. Please choose applicable option from the drop down list. |
| 3 | PAN of other person (If TDS credit related to other person) | In case TDS credit relates to other person [as specified in column (2)], please enter PAN of the other person. |
| 4 | TAN of the Deductor/PAN of Tenant/Buyer | Please enter the TAN of the Deductor. In case tax has been deducted at source by the tenant or buyer of immovable property, please provide the PAN of the tenant or the buyer. |
| 5 & 6 | Unclaimed TDS brought forward (b/f) | Please enter details of TDS brought forward for which no credit has been claimed in earlier years.
Enter the financial year in which TDS was deducted and amount of TDS in column 5 and column 6 respectively. |
| 7 & 8 | TDS of the current financial year | Please enter the amount of total tax deducted at source for the current financial year.
Please provide break-up of TDS deducted in this year in own hands and in hands of spouse as per section 5A or any other person as per rule 37BA(2). |
| 9 & 10 | TDS credit being claimed this year (only if corresponding income is being offered for tax this year) | Please enter the amount of TDS deducted for which credit is being claimed in this year.
Please ensure that the corresponding income has also been offered in this year in the relevant head. Please provide break-up of TDS credit being claimed in this year in own hands and in hands of spouse as per section 5A or any other person as per rule 37BA(2). |
| 11 & 12 | Corresponding income offered | Please enter the details of corresponding income offered, in respect of which TDS credit is being claimed, in this year.
Please enter the gross amount of income and head of income under which income is offered in column 11 and column 12 respectively. |
| 13 | TDS credit being carried forward | Please enter the amount of remaining TDS credit which is being carried forward to subsequent years. |
Part- C – Details of Tax Collected at Source (TCS)
| Please enter the relevant details of taxes collected at source during the year as appearing in Form 27D issued by the collector. | ||
| Column No. |
Field Name | Instruction |
| 2 | Tax deduction and Tax Collection Account Number of the Collector |
Please enter the TAN of the Collector. |
| 3 | Name of the Collector | Please enter the name of the Collector. |
| 4 & 5 | Unclaimed TCS brought forward (b/f) | Please enter details of TCS brought forward for which no credit has been claimed in earlier years.
Enter the financial year in which TCS was collected and amount of TCS in column 4 and column 5 respectively. |
| 6 | TCS of the current financial year | Please enter the amount of Tax collected at source for the current financial year. |
| 7 | Amount out of (5) or (6) being claimed this year
(only if corresponding |
Please enter the amount of TCS collected for which credit is being claimed in this year.
Please ensure that the corresponding income has also been offered in this year in the relevant head of income. |
| 8 | Amount out of (5) or (6) being carried forward | Please enter the amount of remaining TCS credit which is being carried forward to subsequent years. |
Verification:
In verification part, please enter the name, father‘s name and PAN of the person who is filing the return.
In the case of a company, the return of income can be verified by the Managing Director. In case the Managing Director is not able to verify the return for any unavoidable reason, or there is no Managing Director, the return can be verified by any other Director of the company.
In the case of a local authority, the return of income can be verified by the Principal Officer.
In the case of a political party, the return of income can be verified by the Chief Executive Officer of such party, whether known as Secretary or any other designation.
In the case of any other association, the return of income can be verified by any member of the association or the Principal Officer thereof.
In the case of any other person, the return of income can be verified by that person or by some person competent to act on his behalf.
Before signing the verification, please ensure that the information given in the return and the schedules and the amount of total income, deductions, claims and other particulars shown are true and correct and are in accordance with the provisions of the Income-tax Act, 1961 and the Income Tax Rules, 1962. Please note that making a false statement in the return or in the accompanying schedules is liable for prosecution under section 277 of the Income-tax Act, 1961.
BUSINESS CODES FOR ITR FORMS FOR A.Y 2019-2020
| Sector | Sub-Sector | Code |
| AGRICULTURE, ANIMAL HUSBANDRY & FORESTRY |
Growing and manufacturing of tea | 01001 |
| Growing and manufacturing of coffee | 01002 | |
| Growing and manufacturing of rubber | 01003 | |
| Market gardening and horticulture specialties | 01004 | |
| Raising of silk worms and production of silk | 01005 | |
| Raising of bees and production of honey | 01006 | |
| Raising of poultry and production of eggs | 01007 | |
| Rearing of sheep and production of wool | 01008 | |
| Rearing of animals and production of animal products | 01009 | |
| Agricultural and animal husbandry services | 01010 | |
| Soil conservation, soil testing and soil desalination services | 01011 | |
| Hunting, trapping and game propagation services | 01012 | |
| Growing of timber, plantation, operation of tree nurseries and conserving of forest | 01013 | |
| Gathering of tendu leaves | 01014 | |
| Gathering of other wild growing materials | 01015 | |
| Forestry service activities, timber cruising, afforestation and reforestation | 01016 | |
| Logging service activities, transport of logs within the forest | 01017 | |
| Other agriculture, animal husbandry or forestry activity n.e.c | 01018 | |
| FISH FARMING | Fishing on commercial basis in inland waters | 02001 |
| Fishing on commercial basis in ocean and coastal areas | 02002 | |
| Fish farming | 02003 | |
| Gathering of marine materials such as natural pearls, sponges, coral etc. | 02004 | |
| Services related to marine and fresh water fisheries, fish hatcheries and fish farms | 02005 | |
| Other Fish farming activity n.e.c | 02006 | |
| MINING AND QUARRYING |
Mining and agglomeration of hard coal | 03001 |
| Mining and agglomeration of lignite | 03002 | |
| Extraction and agglomeration of peat | 03003 | |
| Extraction of crude petroleum and natural gas | 03004 | |
| Service activities incidental to oil and gas extraction excluding surveying | 03005 | |
| Mining of uranium and thorium ores | 03006 | |
| Mining of iron ores | 03007 | |
| Mining of non-ferrous metal ores, except uranium and thorium ores | 03008 | |
| Mining of gemstones | 03009 | |
| Mining of chemical and fertilizer minerals | 03010 | |
| Mining of quarrying of abrasive materials | 03011 | |
| Mining of mica, graphite and asbestos | 03012 | |
| Quarrying of stones (marble/granite/dolomite), sand and clay | 03013 | |
| Other mining and quarrying | 03014 | |
| Mining and production of salt | 03015 | |
| Other mining and quarrying n.e.c | 03016 | |
| MANUFACTURING | Production, processing and preservation of meat and meat products | 04001 |
| Production, processing and preservation of fish and fish products | 04002 | |
| Manufacture of vegetable oil, animal oil and fats | 04003 | |
| Processing of fruits, vegetables and edible nuts | 04004 | |
| Manufacture of dairy products | 04005 | |
| Manufacture of sugar | 04006 | |
| Manufacture of cocoa, chocolates and sugar confectionery | 04007 | |
| Flour milling | 04008 | |
| Rice milling | 04009 | |
| Dal milling | 04010 | |
| Manufacture of other grain mill products | 04011 | |
| Manufacture of bakery products | 04012 | |
| Manufacture of starch products | 04013 | |
| Manufacture of animal feeds | 04014 | |
| Manufacture of other food products | 04015 | |
| Manufacturing of wines | 04016 | |
| Manufacture of beer | 04017 | |
| Manufacture of malt liquors | 04018 | |
| Distilling and blending of spirits, production of ethyl alcohol | 04019 | |
| Manufacture of mineral water | 04020 | |
| Manufacture of soft drinks | 04021 | |
| Manufacture of other non-alcoholic beverages | 04022 | |
| Manufacture of tobacco products | 04023 | |
| Manufacture of textiles (other than by handloom) | 04024 | |
| Manufacture of textiles using handlooms (khadi) | 04025 | |
| Manufacture of carpet, rugs, blankets, shawls etc. (other than by hand) | 04026 | |
| Manufacture of carpet, rugs, blankets, shawls etc. by hand | 04027 | |
| Manufacture of wearing apparel | 04028 | |
| Tanning and dressing of leather | 04029 | |
| Manufacture of luggage, handbags and the like saddler and harness | 04030 | |
| Manufacture of footwear | 04031 | |
| Manufacture of wood and wood products, cork, straw and plaiting material | 04032 | |
| Manufacture of paper and paper products | 04033 | |
| Publishing, printing and reproduction of recorded media | 04034 | |
| Manufacture of coke oven products | 04035 | |
| Manufacture of refined petroleum products | 04036 | |
| Processing of nuclear fuel | 04037 | |
| Manufacture of fertilizers and nitrogen compounds | 04038 | |
| Manufacture of plastics in primary forms and of synthetic rubber | 04039 | |
| Manufacture of paints, varnishes and similar coatings | 04040 | |
| Manufacture of pharmaceuticals, medicinal chemicals and botanical products | 04041 | |
| Manufacture of soap and detergents | 04042 | |
| Manufacture of other chemical products | 04043 | |
| Manufacture of man-made fibers | 04044 | |
| Manufacture of rubber products | 04045 | |
| Manufacture of plastic products | 04046 | |
| Manufacture of glass and glass products | 04047 | |
| Manufacture of cement, lime and plaster | 04048 | |
| Manufacture of articles of concrete, cement and plaster | 04049 | |
| Manufacture of Bricks | 04050 | |
| Manufacture of other clay and ceramic products | 04051 | |
| Manufacture of other non-metallic mineral products | 04052 | |
| Manufacture of pig iron, sponge iron, Direct Reduced Iron etc. | 04053 | |
| Manufacture of Ferro alloys | 04054 | |
| Manufacture of Ingots, billets, blooms and slabs etc. | 04055 | |
| Manufacture of steel products | 04056 | |
| Manufacture of basic precious and non-ferrous metals | 04057 | |
| Manufacture of non-metallic mineral products | 04058 | |
| Casting of metals | 04059 | |
| Manufacture of fabricated metal products | 04060 | |
| Manufacture of engines and turbines | 04061 | |
| Manufacture of pumps and compressors | 04062 | |
| Manufacture of bearings and gears | 04063 | |
| Manufacture of ovens and furnaces | 04064 | |
| Manufacture of lifting and handling equipment | 04065 | |
| Manufacture of other general purpose machinery | 04066 | |
| Manufacture of agricultural and forestry machinery | 04067 | |
| Manufacture of Machine Tools | 04068 | |
| Manufacture of machinery for metallurgy | 04069 | |
| Manufacture of machinery for mining, quarrying and constructions | 04070 | |
| Manufacture of machinery for processing of food and beverages | 04071 | |
| Manufacture of machinery for leather and textile | 04072 | |
| Manufacture of weapons and ammunition | 04073 | |
| Manufacture of other special purpose machinery | 04074 | |
| Manufacture of domestic appliances | 04075 | |
| Manufacture of office, accounting and computing machinery | 04076 | |
| Manufacture of electrical machinery and apparatus | 04077 | |
| Manufacture of Radio, Television, communication equipment and apparatus | 04078 | |
| Manufacture of medical and surgical equipment | 04079 | |
| Manufacture of industrial process control equipment | 04080 | |
| Manufacture of instruments and appliances for measurements and navigation | 04081 | |
| Manufacture of optical instruments | 04082 | |
| Manufacture of watches and clocks | 04083 | |
| Manufacture of motor vehicles | 04084 | |
| Manufacture of body of motor vehicles | 04085 | |
| Manufacture of parts & accessories of motor vehicles & engines | 04086 | |
| Building & repair of ships and boats | 04087 | |
| Manufacture of railway locomotive and rolling stocks | 04088 | |
| Manufacture of aircraft and spacecraft | 04089 | |
| Manufacture of bicycles | 04090 | |
| Manufacture of other transport equipment | 04091 | |
| Manufacture of furniture | 04092 | |
| Manufacture of jewellery | 04093 | |
| Manufacture of sports goods | 04094 | |
| Manufacture of musical instruments | 04095 | |
| Manufacture of games and toys | 04096 | |
| Other manufacturing n.e.c. | 04097 | |
| Recycling of metal waste and scrap | 04098 | |
| Recycling of non- metal waste and scrap | 04099 | |
| ELECTRITY, GAS AND WATER |
Production, collection and distribution of electricity | 05001 |
| Manufacture and distribution of gas | 05002 | |
| Collection, purification and distribution of water | 05003 | |
| Other essential commodity service n.e.c | 05004 | |
| CONSTRUCTION | Site preparation works | 06001 |
| Building of complete constructions or parts- civil contractors | 06002 | |
| Building installation | 06003 | |
| Building completion | 06004 | |
| Construction and maintenance of roads, rails, bridges, tunnels, ports, harbour, runways etc. | 06005 | |
| Construction and maintenance of power plants | 06006 | |
| Construction and maintenance of industrial plants | 06007 | |
| Construction and maintenance of power transmission and telecommunication lines | 06008 | |
| Construction of water ways and water reservoirs | 06009 | |
| Other construction activity n.e.c. | 06010 | |
| REAL ESTATE AND RENTING SERVICES |
Purchase, sale and letting of leased buildings (residential and non-residential) | 07001 |
| Operating of real estate of self-owned buildings (residential and non-residential) | 07002 | |
| Developing and sub-dividing real estate into lots | 07003 | |
| Real estate activities on a fee or contract basis | 07004 | |
| Other real estate/renting services n.e.c | 07005 | |
| RENTING OF MACHINERY |
Renting of land transport equipment | 08001 |
| Renting of water transport equipment | 08002 | |
| Renting of air transport equipment | 08003 | |
| Renting of agricultural machinery and equipment | 08004 | |
| Renting of construction and civil engineering machinery | 08005 | |
| Renting of office machinery and equipment | 08006 | |
| Renting of other machinery and equipment n.e.c. | 08007 | |
| Renting of personal and household goods n.e.c. | 08008 | |
| Renting of other machinery n.e.c. | 08009 | |
| WHOLESALE AND RETAIL TRADE |
Wholesale and retail sale of motor vehicles | 09001 |
| Repair and maintenance of motor vehicles | 09002 | |
| Sale of motor parts and accessories- wholesale and retail | 09003 | |
| Retail sale of automotive fuel | 09004 | |
| General commission agents, commodity brokers and auctioneers | 09005 | |
| Wholesale of agricultural raw material | 09006 | |
| Wholesale of food & beverages and tobacco | 09007 | |
| Wholesale of household goods | 09008 | |
| Wholesale of metals and metal ores | 09009 | |
| Wholesale of household goods | 09010 | |
| Wholesale of construction material | 09011 | |
| Wholesale of hardware and sanitary fittings | 09012 | |
| Wholesale of cotton and jute | 09013 | |
| Wholesale of raw wool and raw silk | 09014 | |
| Wholesale of other textile fibres | 09015 | |
| Wholesale of industrial chemicals | 09016 | |
| Wholesale of fertilizers and pesticides | 09017 | |
| Wholesale of electronic parts & equipment | 09018 | |
| Wholesale of other machinery, equipment and supplies | 09019 | |
| Wholesale of waste, scrap & materials for re- cycling | 09020 | |
| Retail sale of food, beverages and tobacco in specialized stores | 09021 | |
| Retail sale of other goods in specialized stores | 09022 | |
| Retail sale in non-specialized stores | 09023 | |
| Retail sale of textiles, apparel, footwear, leather goods | 09024 | |
| Retail sale of other household appliances | 09025 | |
| Retail sale of hardware, paint and glass | 09026 | |
| Wholesale of other products n.e.c | 09027 | |
| Retail sale of other products n.e.c | 09028 | |
| HOTELS, RESTAURANTS AND HOSPITALITY SERVICES |
Hotels – Star rated | 10001 |
| Hotels – Non-star rated | 10002 | |
| Motels, Inns and Dharmshalas | 10003 | |
| Guest houses and circuit houses | 10004 | |
| Dormitories and hostels at educational institutions | 10005 | |
| Short stay accommodations n.e.c. | 10006 | |
| Restaurants – with bars | 10007 | |
| Restaurants – without bars | 10008 | |
| Canteens | 10009 | |
| Independent caterers | 10010 | |
| Casinos and other games of chance | 10011 | |
| Other hospitality services n.e.c. | 10012 | |
| TRANSPORT & LOGISTICS SERVICES |
Travel agencies and tour operators | 11001 |
| Packers and movers | 11002 | |
| Passenger land transport | 11003 | |
| Air transport | 11004 | |
| Transport by urban/sub-urban railways | 11005 | |
| Inland water transport | 11006 | |
| Sea and coastal water transport | 11007 | |
| Freight transport by road | 11008 | |
| Freight transport by railways | 11009 | |
| Forwarding of freight | 11010 | |
| Receiving and acceptance of freight | 11011 | |
| Cargo handling | 11012 | |
| Storage and warehousing | 11013 | |
| Transport via pipelines (transport of gases, liquids, slurry and other commodities) | 11014 | |
| Other Transport & Logistics services n.e.c | 11015 | |
| POST AND
TELECOMMUNICATION SERVICES |
Post and courier activities | 12001 |
| Basic telecom services | 12002 | |
| Value added telecom services | 12003 | |
| Maintenance of telecom network | 12004 | |
| Activities of the cable operators | 12005 | |
| Other Post & Telecommunication services n.e.c | 12006 | |
| FINANCIAL INTERMEDIATION SERVICES |
Commercial banks, saving banks and discount houses | 13001 |
| Specialised institutions granting credit | 13002 | |
| Financial leasing | 13003 | |
| Hire-purchase financing | 13004 | |
| Housing finance activities | 13005 | |
| Commercial loan activities | 13006 | |
| Credit cards | 13007 | |
| Mutual funds | 13008 | |
| Chit fund | 13009 | |
| Investment activities | 13010 | |
| Life insurance | 13011 | |
| Pension funding | 13012 | |
| Non-life insurance | 13013 | |
| Administration of financial markets | 13014 | |
| Stock brokers, sub-brokers and related activities | 13015 | |
| Financial advisers, mortgage advisers and brokers | 13016 | |
| Foreign exchange services | 13017 | |
| Other financial intermediation services n.e.c. | 13018 | |
| COMPUTER AND RELATED SERVICES |
Software development | 14001 |
| Other software consultancy | 14002 | |
| Data processing | 14003 | |
| Database activities and distribution of electronic content | 14004 | |
| Other IT enabled services | 14005 | |
| BPO services | 14006 | |
| Cyber café | 14007 | |
| Maintenance and repair of office, accounting and computing machinery | 14008 | |
| Computer training and educational institutes | 14009 | |
| Other computer related services n.e.c. | 14010 | |
| RESEARCH AND DEVELOPMENT |
Natural sciences and engineering | 15001 |
| Social sciences and humanities | 15002 | |
| Other Research & Development activities n.e.c. | 15003 | |
| PROFESSIONS | Legal profession | 16001 |
| Accounting, book-keeping and auditing profession | 16002 | |
| Tax consultancy | 16003 | |
| Architectural profession | 16004 | |
| Engineering and technical consultancy | 16005 | |
| Advertising | 16006 | |
| Fashion designing | 16007 | |
| Interior decoration | 16008 | |
| Photography | 16009 | |
| Auctioneers | 16010 | |
| Business brokerage | 16011 | |
| Market research and public opinion polling | 16012 | |
| Business and management consultancy activities | 16013 | |
| Labour recruitment and provision of personnel | 16014 | |
| Investigation and security services | 16015 | |
| Building-cleaning and industrial cleaning activities | 16016 | |
| Packaging activities | 16017 | |
| Secretarial activities | 16018 | |
| Other professional services n.e.c. | 16019 | |
| EDUCATION SERVICES |
Primary education | 17001 |
| Secondary/ senior secondary education | 17002 | |
| Technical and vocational secondary/ senior secondary education | 17003 | |
| Higher education | 17004 | |
| Education by correspondence | 17005 | |
| Coaching centres and tuitions | 17006 | |
| Other education services n.e.c. | 17007 | |
| HEALTH CARE SERVICES |
General hospitals | 18001 |
| Speciality and super speciality hospitals | 18002 | |
| Nursing homes | 18003 | |
| Diagnostic centres | 18004 | |
| Pathological laboratories | 18005 | |
| Independent blood banks | 18006 | |
| Medical transcription | 18007 | |
| Independent ambulance services | 18008 | |
| Medical suppliers, agencies and stores | 18009 | |
| Medical clinics | 18010 | |
| Dental practice | 18011 | |
| Ayurveda practice | 18012 | |
| Unani practice | 18013 | |
| Homeopathy practice | 18014 | |
| Nurses, physiotherapists or other para-medical practitioners | 18015 | |
| Veterinary hospitals and practice | 18016 | |
| Medical education | 18017 | |
| Medical research | 18018 | |
| Practice of other alternative medicine | 18019 | |
| Other healthcare services | 18020 | |
| SOCIAL AND COMMUNITY WORK |
Social work activities with accommodation (orphanages and old age homes) | 19001 |
| Social work activities without accommodation (Creches) | 19002 | |
| Industry associations, chambers of commerce | 19003 | |
| Professional organisations | 19004 | |
| Trade unions | 19005 | |
| Religious organizations | 19006 | |
| Political organisations | 19007 | |
| Other membership organisations n.e.c. (rotary clubs, book clubs and philatelic clubs) | 19008 | |
| Other Social or community service n.e.c | 19009 | |
| CULTURE AND SPORT | Motion picture production | 20001 |
| Film distribution | 20002 | |
| Film laboratories | 20003 | |
| Television channel productions | 20004 | |
| Television channels broadcast | 20005 | |
| Video production and distribution | 20006 | |
| Sound recording studios | 20007 | |
| Radio – recording and distribution | 20008 | |
| Stage production and related activities | 20009 | |
| Individual artists excluding authors | 20010 | |
| Literary activities | 20011 | |
| Other cultural activities n.e.c. | 20012 | |
| Circuses and race tracks | 20013 | |
| Video Parlours | 20014 | |
| News agency activities | 20015 | |
| Library and archives activities | 20016 | |
| Museum activities | 20017 | |
| Preservation of historical sites and buildings | 20018 | |
| Botanical and zoological gardens | 20019 | |
| Operation and maintenance of sports facilities | 20020 | |
| Activities of sports and game schools | 20021 | |
| Organisation and operation of indoor/outdoor sports and promotion and production of sporting events | 20022 | |
| Other sporting activities n.e.c. | 20023 | |
| Other recreational activities n.e.c. | 20024 | |
| OTHER SERVICES | Hair dressing and other beauty treatment | 21001 |
| Funeral and related activities | 21002 | |
| Marriage bureaus | 21003 | |
| Pet care services | 21004 | |
| Sauna and steam baths, massage salons etc. | 21005 | |
| Astrological and spiritualists‘ activities | 21006 | |
| Private households as employers of domestic staff | 21007 | |
| Other services n.e.c. | 21008 | |
| EXTRA TERRITORIAL ORGANISATIONS AND BODIES |
Extra territorial organisations and bodies (IMF, World Bank, European Commission etc.) | 22001 |
Awesome detailed article.
Many Many Congratulations
Great Article Indeed
Shankar SHarma
Panchkula