Article contains Instructions for filing ITR-4-SUGAM for Assessment Year 2018-19 / Financial Year 2017-18 based on ITR Released by CBDT vide its notification no. Notification No. 16/2018-Income Tax / G.S.R. 332(E) dated: 03/04/2018.
Instructions for filling ITR-4 SUGAM for A.Y. 2018-19
These instructions are guidelines for filling the particulars in this Return Form. 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 ITR-4-SUGAM Form is applicable
This Return Form is applicable for assessment year 2018-19 only, i.e., it relates to income earned in Financial Year 2017-18.
2. Who can use ITR-4-SUGAM Form
This Return Form is to be used by an individual/ HUF/ Partnership Firm whose total income for the assessment year 2018-19 includes:-
(a) Business income where such income is computed in accordance with special provisions referred to in sections 44AD and 44AE of the Act for computation of business income; or
(b) Income from Profession where such income is computed in accordance with special provisions referred to in sections 44ADA; or
(c) Salary/ Pension; or
(d) Income from One House Property (excluding cases where there is brought forward loss or loss to be carried forward under this head); or
(e) Income from Other Sources (excluding Winning from Lottery and Income from Race Horses).
Note 1: The income computed shall be presumed to have been computed after giving full effect to every loss, allowance, depreciation or deduction under the Income-tax Act.
Note 2: Further, in a case where the income of another person like spouse, minor child, etc. is to be clubbed with the income of the assessee, this Return Form can be used only if the income being clubbed falls into the above income categories.
3. Who cannot use this ITR-4-SUGAM Form
SUGAM cannot be used in following cases:-
(a) Income from more than one house property or where there is brought forward loss or loss to be carried forward under this head; or
(b) Income from Winnings from lottery or income from Race horses; or
(c) Income under the head ―Capital Gains‖, e.g. Short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or
(d) Income taxable under section 115BBDA; or
(e) Income of the nature referred to in section 115BBE; or
(f) Agricultural income in excess of ₹5,000; or
(g) Income from Speculative Business and other special incomes; or
(h) Income from an agency business or income in the nature of commission or brokerage; or
(i) Person claiming relief of foreign tax paid under section 90, 90A or 91; or
(j) Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India; or
(k) Any resident having income from any source outside India.
4. SUGAM form is not mandatory
SUGAM ITR Form shall not apply at the option of the assessee, if:-
(i) the assessee keeps and maintains all the books of account and other documents referred to in section 44AA in respect of the business or profession;
(ii) the assessee gets his accounts audited and obtains a report of such audit as required under section 44AB in respect of the business or profession.
In the above scenarios, regular ITR-3 or ITR-5, as the case may, should be filed and not SUGAM.
5. Annexure-less Return Form
No document (including TDS Certificate) should be attached to this Return Form. All such documents enclosed with this Return Form will be detached and returned to the person filing the return.
6. Manner of filing ITR-4-SUGAM Form
This Return Form can be filed with the Income-tax Department in any of the following ways–
(i) by furnishing the return in a paper form;
(ii) by furnishing the return electronically under digital signature;
(iii) by transmitting the data in the return electronically under electronic verification code;
(iv) by transmitting the data in the return electronically and thereafter submitting the verification of the return in Return Form ITR – V;
Where the Return Form is furnished in the manner mentioned at 6 (iv), the assessee should printout two copies of Form ITR – V. One copy of ITR-V, duly signed by the assessee, has to be sent by post to – Post Bag No. 1, Electronic City Office, Bengaluru— 560500, Karnataka. The other copy may be retained by the assessee for his record.
Only the following persons have an option to file return in paper form:-
(i) an individual of the age of 80 years or more at any time during the previous year; or
(ii) an individual or HUF whose income does not exceed five lakh rupees and no refund is claimed in the return of income.
In case of a Firm, option to file return in paper form is not applicable.
7. Filling out the acknowledgment
Only one copy of this Return Form is required to be filed where the Return Form is furnished in the manner mentioned at 6(i). The acknowledgment/ITR-V should be duly filled.
8. Obligation to file return
Every individual or HUF whose total income before allowing deductions under Chapter VI-A of the Income-tax Act, exceeds the maximum amount which is not chargeable to income tax is obligated to furnish his return of income. The deductions under Chapter VI-A are mentioned in Part C of this Return Form. The maximum amount not chargeable to income tax in case of different categories of individuals is as follows:-
|Sl. No.||Category||Amount (in ₹)|
|(i)||In case of individuals below the age of 60 years||2,50,000|
|(ii)||In case of individuals, being resident in India, who are of the age of 60 years or more at any time during the financial year 2017-18 but below the age of 80 years.||3,00,000|
|(iii)||In case of individuals, being resident in India, who are of the age of 80 years or more at any time during the financial year 2017-18.||5,00,000|
Every firm shall furnish the return of income in this ITR Form, where income from business or profession is computed in accordance with section 44AD, section 44ADA or section 44AE.
Item by Item Instructions
Part-A – General Information
|A1-A3||Fill your First name, Middle name, Last name in A1, A2, A3 as per details entered in PAN Card|
|A4||Fill your Permanent Account Number. Make sure that you fill your PAN Carefully.
NOTE: (1) Ensure that you enter PAN on the top of every page.
(2) In your PAN, first five and last one digit are alphabets and the remaining four digits are numerals.
|A5||Fill your Date of birth as per PAN Database Details
NOTE: Always fill your Date of Birth in DD/MM/YYYY Format as given in the form
|A6||Fill in the Ward/Circle Example: Ward 15(1), Circle 14(1) You can also fill the full Assessing Officers Code, if known.|
|A7- A13||Fill in the Communication Address
NOTE: A7: Door No./ Flat No., A10: Area/ Locality and A13: PIN Code is mandatory. If you have changed your address please indicate the same, so that no communication from the Department goes undelivered.
|A14||Fill your 12 digit Aadhaar Number. In case, Aadhaar Number is not allotted but has been applied for, please furnish 28 digits Aadhaar Enrolment Id. Filling of this field is mandatory with effect from 01.07.2017.|
|A15||Fill in your filing status i.e. individual or HUF or partnership firm (other than LLP).|
|A16||Fill in your own Mobile number / Fill in STD Code and then fill the residential/ office phone number. This is important for faster communication from/ with the Department.|
|A17||Fill the Mobile number of TRP or your representative who has prepared the return on your behalf. This is important for faster communication from/ with the Department.|
|A18||Fill in your Email Address This is important for faster communication from/ with the Department.|
|Tick the appropriate box.|
|Tax Payable Status||Tick the box|
|Total Tax Payable (D13) < Total Prepaid Taxes (D18)||1|
|Total Tax Payable (D13) > Total Prepaid Taxes (D18)||2|
|Total Tax Payable (D13) = Total Prepaid Taxes (D18)||3|
|A20||Tick the appropriate box. For non-residents certain deductions are not available (For more details, refer Income-tax Act, 1961)|
|A21||Tick the appropriate box.|
|How the return is filed||Tick the box|
|Voluntarily on or before the due date under section 139(1)||1|
|Voluntarily after the due date under section 139(4)||2|
|Revised return under section 139(5)||3|
|In response to notice under section 139(9)||4|
|In response to notice under section 142(1)||5|
|In response to notice under section 148||6|
|In response to notice under section 153A/ 153C||7|
|In pursuance of an application under section 11 9(2)(b) (NOTE: The return shall be treated as valid only after the||8|
|Board, or the competent Income-tax Authority, has passed an order admitting the application under section 11 9(2)(b).|
|A22||Exercise the option by ticking the box.
If you are governed by Portuguese Civil Code and impacted by Section 5A of the Income-tax Act, 1961. You should enter only your share of income in the column B3 (house property) and B4 (other sources). The balance share of income under these heads should be entered in the return of income of your spouse.
|A23||If you are governed by Portuguese Civil Code and impacted by Section 5A of the Income- tax Act, 1961, please provide PAN of the Spouse|
|A24||In case of a revised /defective return, please provide the receipt number of Original return and Date of filing of Original Return. This field is mandatory in case of a revised or defective return, otherwise the return will not be accepted by Income-tax Department.|
|A25||If the return is being filed in response to notice by the Income-tax Department under section 139(9)/142(1)/148/153A/153C, please provide the date of such notice.|
Part B – Gross Total Income
|B1||Fill in the details of income chargeable under business or profession (Column E8 of schedule BP).
Note: Please ensure to fill Schedule BP (Details of income from business or profession) and business codes in the ―Nature of Business or Profession‖. The business codes for various business activities are given at the end of this instruction.
|B2||Fill the details of salary/ pension, allowances not exempt, perquisites and profit in lieu of salary, deductions under section 16 etc. as given in TDS certificate (Form 16) issued by the employer. However, if the income has not been computed correctly in Form No. 16, please make the correct computation and fill the same in this item. Further, in case there was more than one employer during the year, please furnish in this item the details in respect of aggregate emoluments from various employers.|
|B3||Fill the details of gross rent receipts, municipal taxes paid, Annual value and interest paid on borrowed capital etc. If the income chargeable under House Property is a loss figure, mark the negative sign with in the brackets at left. Also tick the box as whether the house property is ‗Self Occupied‘or ‗Let Out‘. Where ―Income from house property‖is a loss and assessee has income under any other head of income, the assessee shall not be entitled to set off such loss, to the extent the amount of the loss exceeds two lakh rupees against income under the other head.|
|B4||Enter only if you have Income from other sources. If loss, please use regular ITR-3 or ITR-5|
|B5||Add Items B1, B2, B3 and B4. If loss, mark the negative sign with in the brackets at left. However, this loss cannot be carried forward to next year using this form. Use regular ITR-3 or ITR-5 for claiming carry forward of losses.|
Part –C – Deductions and taxable total income
Some of the major items for deduction under this part (applicable to individuals and HUF only) are:-
Amount paid or deposited towards life insurance, contribution to Provident Fund set up by the Government, recognised Provident Fund, contribution by the assessee to an approved superannuation fund, subscription to National Savings Certificates, tuition fees, payment/ repayment for purposes of purchase or construction of a residential house and many other investments (for full list, please refer to section 80C of the Income-tax Act).
Deduction in respect of contributions paid for any annuity plan of LIC or any other insurer, not exceeding ₹1,50,000/-
Deduction in respect of amounts paid or deposited under a pension scheme notified by Central Government, subject to upper limit of:-
(i) 10% of salary, in case of an employee,
(ii) 20% of Gross Total Income in any other case.
|However, as provided in section 80CCE, aggregate amount of deductions under section 80C, 80CCC and sub-section (1) of section 80CCD shall not exceed one lakh fifty thousand rupees.|
Deduction in respect of the amounts paid or deposited under a pension scheme notified by Central Government not exceeding ₹50,000/-.
Deduction in respect of employer‘s contribution to employees account under a pension scheme notified by the Central Government not exceeding 10% of salary.
Deduction in respect of investments made under notified Equity Linked Savings Scheme (Rajiv Gandhi Equity Savings Scheme, 2013) to the extent of 50% of the amount invested subject to overall limit of ₹25,000/-.
Deduction in respect of amount paid towards Health Insurance Premium, contributions to CGHS, medical expenditure incurred on self or family members or any parent.
The upper limit for claiming deduction under section 80D in various cases is as under:-
(A) Health Insurance Premium
1. Self , Spouse, Dependent Children (aggregate)- ₹25,000/-
2. Parents- ₹25,000/-
3. Senior Citizen or very Senior Citizen- ₹30,000/-
4. Premium paid by HUF for health insurance of any member of HUF- ₹25,000/-
(B) Medical expenditure in the case of a very senior citizen (above 80 years) where no amount has been paid for his health insurance
1. On self- ₹30,000/-
2. On parents- ₹30,000/-
3. On member of HUF paid by HUF- ₹30,000/-
NOTE: The aggregate of deductions under (A1) and (B1) above shall not exceed ₹30,000/-. Similarly the aggregate of deductions under (A2) and (B2) shall not exceed ₹30,000/- For preventive health check-up of self or family members or parents- ₹5,000/- within the overall limit of ₹25,000/- or ₹30,000/-, as the case may be.
Deduction in respect of maintenance including medical treatment of dependent who is a person with disability Upper Limit for 80DD Deduction
1. General —₹75,000/-
2. Severe Disability —₹1,25,000/-
Deduction in respect of amount paid for medical treatment of any specified disease or ailment in respect of the assessee or his dependent or any member of HUF.
Please note that deduction u/s 80DDB can be claimed only for the actual amount paid subject to the following upper limits:-
1. General– ₹40,000/-
2. Senior Citizen– ₹60,000/-
3. Very Senior Citizen– ₹80,000/-
Deduction in respect of any amount paid by way of interest on loan taken from any financial institution or any approved charitable institution for pursuing higher education by the assessee or his relative.
Deduction in respect of interest on loan taken by an individual from any financial institution for the purpose of acquisition of a residential house property, not exceeding ₹50,000/-.
Deduction in respect of donations to certain funds, charitable institutions, etc. Please note that no deduction is admissible in respect of cash donations exceeding ₹2,000/-
Deduction in respect of rent paid for residential accommodation by an assessee in excess of 10% of his total Income, to the extent such excess expenditure does not exceed ₹5,000 per month or 25% of total Income.
Deduction in respect of contributions given by any person to a political party or electoral trust. No deduction however is allowed for contributions paid in cash.
Deduction in respect of income from royalty or copyright fees etc. of author of certain books other than text books, not exceeding ₹3,00,000/-
[Note:- Deduction under this section shall be allowed only if the return of income has been furnished within the due date specified under section 139(1)].
Deduction in respect of income from royalty on patents not exceeding ₹3,00,000/-
[Note:- Deduction under this section shall be allowed only if the return is furnished within the due date specified under section 139(1)]
Deduction in respect of interest on deposits in a savings account not exceeding ₹10,000/-
Deduction in case of a resident individual who is certified by the medical authority to be a person with disability. The deduction available is as under:-
1. General —₹75,000/-
2. Severe Disability —₹1,25,000/-
|C19||Add C1 to C18|
|C20||Subtract C19 from B5 and enter the remainder amount in C20.|
Part –D – Tax Computation and Tax Status
|D1||Compute tax payable on Taxable Total Income (C20) as per tax computation table given below.|
|D2||In case of a resident individual whose total income does not exceed ₹3,50,000/-, deduction from income-tax of an amount equal to such income-tax, or ₹2,500/-, whichever is less.|
|D3||Tax payable after rebate (D1-D2)|
|D4||Surcharge if applicable|
|D5||Calculate the education cess including secondary and higher education cess at the rate of three per cent of D3+D4|
|D7||Claim the relief, if any, allowable under section 89 in respect of arrears or advances of salary received during the year.|
|D9||Calculate 234A interest according to the provisions of the Income-tax Act, 1961 and enter the amount in D9|
|D10||Calculate 234B interest according to the provisions of the Income-tax Act, 1961 and enter the amount in D10|
|Calculate 234C interest according to the provisions of the Income-tax Act, 1961 and enter the amount in D11|
|D12||Fee chargeable for default in furnishing return of income under section 234F.
The fee structure is as follows:
1) Late fees shall be ₹5000, in case return of income is filed after the
2) Late fee shall be ₹10000, in case return of income is filed after 31/12/2018 Note: If the total income of the assesse is less than ₹5,00,000/- then fee u/s 234F shall not exceed ₹1000.
|D14||Add the relevant Advance Tax Details given in Column 4 of Schedule IT and write the amount in D14.|
|D15||Add the relevant Self-Assessment Tax Details given in Column 4 of Schedule IT and write the amount in D15|
|D16||Add the relevant TDS Deducted given in Column 4 of Schedule TDS1 and Column 8 of Schedule TDS2 and write the amount in D16. Verify your TDS & Tax payment details using Form 26AS.|
|D17||Add the relevant TCS Deducted given in Column 5 of Schedule TCS and enter details in D1 7. Verify your TCS & Tax payment details using Form 26AS.|
|D18||Add D14, D15, D16 and D17. Enter the result of addition in D18.|
|D19||If D13 is greater than D18, then fill the amount of Tax Payable (D13-D18) in Column D19.
Note: Tick the Tax Payable box in A19. If D13 is equal to D18, then fill in D19, ‗0‘ and tick the NIL Tax Balance box in A19.
|D20||If D18 is greater than D13, then fill the amount of refund (D18-D13) in D20. Note: Tick the Tax Refundable box in A1 9|
|D21||Please enter details of all exempt income e.g. Dividend income, Agricultural income etc. If agricultural income exceeds ₹5,000. use regular ITR 3 or ITR 5 Form.|
|D22||Please provide the details of all the savings and current accounts held by you at any time during the previous year. However, 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.
In case of non-residents, details of any one foreign Bank Account may be furnished for the purpose of credit of refund. The account number should be as per Core Banking Solution (CBS) system of the bank (or as per IBAN in case of foreign bank account).
Note: If you have more details to be entered in D22, then fill the following table and tear and attach the same with the return (in case return is filed in paper form).
|Sl.||IFS Code of the Bank in case of
Bank Accounts held in India
(SWIFT Code in case of foreign
|Name of the Bank||Account Number (IBAN in case of foreign Bank Accounts)||Indicate the account in
which you prefer to get
your refund credited, if
any (tick one account þ )
Tax Computation Table
(i) In case of every individual (other than resident individual who is of the age of
60 years or more at any time during the financial year 2017-1 8) or HUF –
|Income (In‘₹’)||Tax Liability (In ‘₹’)|
|2||Between 2,50,001 – 5,00,000||5% of income in excess of 2,50,000|
|3||Between 5,00,001 – 10,00,000||12,500 + 20% of income in excess of 5,00,000|
|4||Above 10,00,000||1,12,500 + 30% of income in excess of 10,00,000|
(ii) In case of resident individual who is of the age of 60 years or more but less than 80 years at any time during the financial year 2017-18
|Income (In ‘₹’)||Tax Liability (In‘₹’)|
|2||Between 3,00,001 – 5,00,000||5% of income in excess of 3,00,000|
|3||Between 5,00,001 – 10,00,000||10,000 + 20% of income in excess of 5,00,000|
|4||Above 10,00,000||1,10,000 + 30% of income in excess of 10,00,000|
(iii) In case of resident individual who is of the age of 80 years or more at any time
during the financial year 201 7-1 8-
|Income (In ‘₹’)||Tax Liability (In ‘₹’)|
|2||Between 5,00,001 – 10,00,000||20% of income in excess of 5,00,000|
|3||Above 10,00,000||1,00,000 + 30% of income in excess of 10,00,000|
(iv) In case of a Firm, tax is to be calculated at flat rate of 30% of taxable income.
(a) (i) In case of individual, return of income can be verified by the individual himself, or by persons authorised on his behalf in cases referred to in sub-clauses (ii), (iii) and (iv) of clause (a) of section 140 of the Income-tax Act. In such cases however permanent account number of the authorised person is required to be mentioned in verification.
(ii) In case of HUF, return of income can be verified by the karta, or by any other adult member of family in cases referred to in clause (b) of section 140 of the Income-tax Act. His permanent account number is required to be mentioned in verification.
(iii) In case of firm, return of income can be verified by the managing partner of the firm, or by any partner (not being a minor), in cases referred to in clause (cc) of section 140 of the Income-tax Act. His permanent account number is required to be mentioned in verification.
(b) If the return is furnished in paper form, please complete the Verification Section, fill date and Sign in the space given. Without a valid signature, your return will not be accepted by the Income- tax Department.
(c) If the return is furnished electronically, the same is required to be furnished:-
(i) under digital signature; or
(ii) under electronic verification code; or
(iii) by submitting the verification of return in Form ITR-V.
(d) Please note that any person making a false statement in the return or the accompanying schedules shall be liable to be prosecuted under section 277 of the Income-tax Act, 1961 and on conviction be punishable under that section with rigorous imprisonment and with fine.
This return can be prepared by a Tax Return Preparer (TRP) also in accordance with the Tax Return Preparer Scheme.
If the return has been prepared by TRP, the relevant details have to be filled by him and the return has to be countersigned by him in the space provided in the said item.
Nature of business or profession
Please fill up the nature of business activity or profession and applicable business code from the table of business codes given at the end of this instruction. In case there are more than one business activities, please fill up three main activities or products along with applicable business codes.
|E1||Please enter the gross turnover or gross receipts of the business eligible under section 44AD. Please enter the Turnover realised through A/c payee Cheque, A/c payee bank draft, or use of electronic clearing systems through a Bank account under Column E1a. Please enter the Turnover realised through other modes in Column E1b.|
|E2||Enter presumptive income under section 44AD. In Column E2a, enter the presumptive income computed @ 6% of Turnover mentioned in E1a, or a higher sum. In Column E2b, enter the presumptive income computed @ 8% of Turnover mentioned in E1b, or a higher sum. Enter the total amount of presumptive income (E2a +E2b) in Column E2c.|
|E3||Please enter gross receipts from profession eligible under section 44ADA (not exceeding Rs 50 Lakh)|
|E4||Enter presumptive income from profession under section 44ADA|
|E5||Enter presumptive income from business of plying, hiring or leasing goods carriages as per section 44AE|
|E6||If you are a partnership Firm, enter the amount of salary and interest paid to the partners|
|E7||Enter presumptive income under Section 44AE, net of deduction on account of salary and interest paid to partners, if any (E5 – E6)|
|E8||Income under the head business or profession (E2c+E4+E7)|
|E9||Enter GST Registration No. (If you are registered under GST)|
|E10||Enter the amount of Turnover/ Gross receipt as per the GST return(s) filed (if returns filed)|
|The details at E11 to E25 have to be entered in respect of the firm/concern in which the business activity is reported, as on 31st March, 2018 (E15, E19, E20, E22 are mandatory and others details are to be entered if available)|
|E11||Enter Partners/ Members own capital|
|E12||Enter total of secured loans|
|E13||Enter total of unsecured loans|
|E14||Enter aggregate of trade advances received|
|E1 5||Enter total amount of sundry creditors|
|E1 6||Enter total of other liabilities (not specifically mentioned at E1 1 to E15 above)|
|E1 7||Enter total of capital and liabilities (E1 1 +E1 2+E1 3+E1 4+E1 5+E1 6)|
|E1 8||Enter written down value of fixed assets|
|E19||Enter value of stock-in-trade|
|E20||Enter the total of sundry debtors|
|E21||Enter the aggregate of bank balances|
|E23||Enter aggregate of loans and advances given|
|E24||Enter aggregate of other assets (not specifically mentioned at E18 to E23 above)|
|E25||Enter Total assets (E18+E19+E20+E21+E22+E23+E24)|
(i) This Schedule is to be filled by individuals and HUFs giving details of properties held by the assessee and the corresponding liabilities. It is mandatory if your total income exceeds ₹50 lakh.
(ii) The assets to be reported will include land, building (immovable assets); financial assets viz. bank deposits, shares and securities, insurance policies, loans and advances given, cash in hand and jewellery, bullion, vehicles, yachts, boats, aircraft (movable assets) and interest held in the asset of a firm or association of persons (AOP) as a partner or member thereof.
(ii) In the case of non-resident and resident but not ordinarily resident, the details of assets located in India are to be mentioned.
(iii) For the purpose of Sl. No. (1) (i) under item B, jewellery includes – (a) Ornaments made of gold, silver, platinum or any other precious metal or any alloy containing one or more of such precious metals, whether or not containing any precious or semi-precious stone, and whether or not worked or sewn into any wearing apparel; (b) Precious or semi-precious stones, whether or not set in any furniture, utensil or other article or worked or sewn into any wearing apparel.
(v) The amount in respect of assets to be reported will be:-
(a) the cost price of such asset to the assessee; or
(b) where Wealth-tax return was filed by the assessee and the asset was forming part of the Wealth-tax return, the value of such asset as per the latest Wealth- tax return in which it was disclosed as increased by the cost of improvement incurred after such date, if any.
(vi) In case the asset became the property of the assessee under a gift, will or any mode specified in section 49 (1) and not covered by (v) above:-
(a) the cost of such asset to be reported will be the cost for which the previous owner of the asset acquired it, as increased by the cost of any improvement of the asset incurred by the previous owner or the assessee, as the case may be; or
(b) in case where the cost at which the asset was acquired by the previous owner is not ascertainable and no Wealth-tax return was filed in respect of such asset, the value may be estimated at the circle rate or bullion rate, as the case may be, on the date of acquisition by the assessee as increased by cost of improvement, if any, or on 31stday of March, 2018.
Previous owner shall have the meaning as provided in Explanation to section 49(1) of the Act.
Please enter details of tax payments, i.e., advance tax and self-assessment tax paid.
NOTE: If you have more than Five Self-Assessment and Advance Tax Details to be entered, then fill the following table and tear and attach the same with the return (in case return is filed in paper form).
|BSR Code||Date of Deposit (DD/MM/YYYY)||Serial Number of Challan||Tax paid|
|Col (1)||Col (2)||Col (3)||Col (4)|
Please furnish the details of Tax collected at source.
NOTE: If you have more than two TCS Details to be entered, then fill supplementary Schedule TCS and attach the same with the return
Schedule TDS 1
Please furnish the details in accordance with Form 16 issued by the employer(s) in respect of salary income. Further in order to enable the Income Tax Department to provide accurate, quicker and full credit for taxes deducted at source, the taxpayer must ensure to quote complete details of every TDS transaction.
If you have more than three Form 16 details to be entered, then fill Supplementary Schedule TDS1 and attach the same with the return.
Schedule TDS 2
(1) Please furnish the details in accordance with Form 16A or Form 16C issued by the Deductor in respect of interest income, rental income or any other sources of income.
(2) All the tax deductions at source made in the current financial year should be reported in the TDS schedule.
(3) ―Unique TDS Certificate Number‖. This is a six digit number which appears on the right hand top corner of those TDS certificates which have been generated by the deductor through the Tax Information Network (TIN) Central System.
(4) ―Year of tax deduction‖means the financial year in which tax has been deducted. In this column fill up the four digits of relevant financial year. For example, if the deduction has been made by the deductor in the financial year 2017-18 fill up 2017 in the designated space.
(5) Enter the amount of gross receipt mentioned in the 26AS statement.
(6) Enter the amount of TDS deducted in own hands, as reflected in the 26AS If you are governed by Portuguese Civil Code and part of income is chargeable in your hands and part in the hands of your spouse, then enter only part of TDS corresponding to part income chargeable in your hands.
(7) Enter the amount of TDS deducted in the hands of spouse if section 5A is applicable, or in the hands of any other person as referred to in Rule 37BA (2), if the corresponding income is chargeable in your hands in this year. Ensure that the TDS amount is reflected in the 26AS statement of the spouse or the other person.
(8) Enter the amount of TDS credit available (i.e out of total TDS reported in Col. 6 and 7), which is being claimed in own hands for this year. Ensure that the corresponding income has also been offered in this year. For example, if any income is not chargeable to tax in this year then the corresponding TDS credit shall be allowable only in the year in which such income is chargeable to tax.
(9) Enter the amount of TDS credit available (i.e out of total TDS mentioned in Col. 6 and Col. 7), which is being claimed in the hands of your spouse, if section 5A is applicable, or in the hands of any other person as referred to in Rule 37BA.
NOTE: If TDS has been deducted in your hands, but whole or any part of the corresponding income is assessable in the hands of any other person, or vice versa, please ensure that the procedure laid down in Rule 37BA(2) of the Income-tax Rules, 1962 is followed for claiming credit of TDS in such cases.
NOTE: If you have more than four Form 16A/Form16C details to be entered, then fill supplementary Schedule TDS2 and attach the same with the return.
BUSINESS CODES FOR ITR FORMS FOR A.Y 2018-19
|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
|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|
|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|
|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|
|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
|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|
|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
|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 – 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|
*n.e.c. – not elsewhere classified
Republished with amendments.