11.07.2015 Views

Form ITR-7 - Taxmann

Form ITR-7 - Taxmann

Form ITR-7 - Taxmann

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iiiivAmount accumulated or set apart / finally set apart for application tocharitable or religious purposes to the extent it does not exceed 15 per cent. ofincome derived from property held in trust wholly or in part only for suchpurposes under section 11(1) (a)Amount eligible for exemption under section 11(1)(c)v Amount eligible for exemption under section 11(1)(d)v Amount in addition to the amount referred to in (iii) above accumulated or seti apart for specified purposes if all the conditions in section 11(2) are fulfilledvIncome claimed exempt under section 10iivIncome claimed/exempt under section 13A in case of a political party [also filliiSchedule LA]iiTotalx7 Additionsi Income chargeable under section 11(1B)iIncome chargeable under section 11(3)iiIncome in respect of which exemption under section 11 is not available by virtueiof provisions of section 13iiIncome chargeable under section 12(2)vv Total [7i+7ii+7iii+7iv]8 Income chargeable u/s 11(4) [as per item no. E36 of Schedule BP]9 Gross Total Income (5-6ix+7v+8)10 Deductions under chapter VIA, if any11 Total Income [9-10]12 Net Agricultural income for rate purpose13 Income included in 11 above chargeable at special rates14 Income chargeable at normal rates15 Anonymous donations to be taxed under section 115BBC @ 30%16 Income chargeable at maximum marginal rates6iii6iv6v6vi6vii6viii6ix77i7ii7iii7iv7v8910111213141516Part B - TTICOMPUTATIONOF TAX LIABILITYComputation of tax liability on total income1 1a Tax Payable on deemed total Income under section 115JB (7 of Schedule MAT) 1a1b Surcharge on (a) above1c Education Cess on (1a+1b) above1d Total Tax Payable u/s 115JB (1a+1b+1c)2 Tax payable on total income in item 11 of Part B-TIa Tax at normal rates2a1b1c1d

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