CHANDRAKANT PADURANG TELEWANE

59, Dwarkha Govind Bldg,

Near Vitthal Mandir,
2nd Floor, Brahmin alley,
Bhiwandi,
Dist.Thane - 421302
MAHARASHTRA
Father's/Husband's Name:
PANDURANG TELWANE

Prev. Yr
:
A.Y.
:
Status
:
Resi. Status :
PAN/GIR
:
Ward
:
Date of Birth :
Method of Acc.:
Due Date
:
Mobile No
:

01/04/2013 To 31/3/2014
2014-2015
Individual - Male
Resident
ADJPT4499A
WARD 1(1)KAYAN
04/04/1958
Mercantile
31/07/2014

COMPUTATION OF TOTAL INCOME

Particulars

I.

Rs.

INCOME FROM HOUSE PROPERTY

Rented Properties
1. Flat at Kasar Alley
Bhiwandi, Dist.Thane
Maharashtra-421302
Rent Received
Repair & Collection Charges
2. Flat at Brahmin Alley (1/2 Share)
Bhiwandi, Dist.Thane
Maharashtra-421302
Rent Received
Repair & Collection Charges
3. Shop at Gokul Nagar,
Bhiwandi, Dist.Thane
Maharashtra-421302
Rent Received
Repair & Collection Charges
4. Shop at Vanjarpati Naka Gala No.4 (1/2 Share)
Bhiwandi, Dist.Thane
Maharashtra-421302
Rent Received
Repair & Collection Charges

Rs.

Rs.

Rs.

24000
-7200

16800

42000
-12600

29400

51000
-15300

35700

6000
-1800

4200

Rs.

86100
II.

INCOME FROM PROFIT/GAINS OF

BUSINESS/PROFESSION
Income from Firms/AOP
1. M/s Sanjeevani Medical and Genral Stores
(PAN: AARFS9164Q,Share(Profit:Loss:Remu.): 0:0:0
Capital Balance : 0)
Profit - Exempt u/s 10 (2A)
10856
-------Remuneration
97702
Interest
98407
-------2. M/s Sanjeevani Medical Centre
(PAN: AARFS9165R,Share(Profit:Loss:Remu.): 0:0:0
Capital Balance : 0)
Remuneration
33723
Interest
56905

196109

90628

Page 1 of 3

NAME
A.Y.

: CHANDRAKANT PADURANG TELEWANE

: 2014-2015
--------

III.

--------

286737

INCOME FROM CAPITAL GAINS

Long Term
1. As Per List of Shares/Units Sold (Long Term)
[Cap. Gain Rs. 16982 Cap. Loss Rs. -1883]

15099
---------

15099

TOTAL LONG TERM CAPITAL GAINS

IV.

INCOME FROM OTHER SOURCES

Bank Int./Int. on Bonds (As Per Annexure)
Rental Income (Powerloom Rent)
Less : Deduction u/s 57 (Old Powerlooms )

5571
50400
7650
----------

48321
----------

GROSS TOTAL INCOME

436257

DEDUCTION UNDER CHAPTER VIA

Life Insurance Premium
Public Provident Fund

96837
3000
--------

-99837

Deduction u/s 80C

u/s 80D
u/s 80TTA

Deduction in respect of Medical

Insurance Premia Rs. 6934

6934

Deduction in respect of interest on

deposites in savings account Rs. 5571

5571
--------

-12505

TOTAL INCOME
323920
===============================================
===================
===============================
TAX ON TOTAL INCOME
12392
------------------------------------------------------------------------:
Particulars
: Income
:
Tax
:
------------------------------------------------------------------------: Normal Income
:
308816 :
10882 :
: Long Term Capital Gain - 10% of Book Profit
:
15099 :
1510 :
:-----------------------------------------------------------:-----------:
: Total
:
12392 :
-------------------------------------------------------------------------

---------2000
10392
312
----------

Rebate under section 87A

Tax Payable
Education Cess @ 3%
TAX PAYABLE + EDUCATION CESS
Add
u/s
u/s
u/s
u/s
u/s

: Interest
234 A
234 B
234 C(I)
234 C(II)
234 C(III)

Rs.
Rs.
Rs.
Rs.
Rs.

10700 x 2%
10700 x 6%
2700 x 3 x 1%
5400 x 3 x 1%
10700 x 1 x 1%

10704

214
642
81
162
107

350
1206
--------------------

11910

Page 2 of 3

NAME
A.Y.

: CHANDRAKANT PADURANG TELEWANE

: 2014-2015

----------

NET TAX + INTEREST PAYABLE

11910

==========
LONG TERM CAPITAL GAIN ON SALE OF SHARES/UNITS-TAX @10%

--------------------------- ---- ----------------------- ------------------- ----------------Acq

Acq Infl. Indexed
Sale
Sales Selling
Company Name
Dt/Yr. Qty.
Rate
Cost Index Acq Cost
Date Considrn
Exp.
--------------------------- ---- ----------------------- ------------------- ----------------IPCA Laboratories 20/01/11 20
6470
711
6470 13/01/14
15258
0
IPCA Laboratories 20/01/11 10
0
711
0 29/01/14
8194
0
--------------------------- ---- ----------------------- ------------------- ----------------Totals
6470
23452
--------------------------- ---- ----------------------- ------------------- -----------------

-------- ---------- --------Net Sale

Book Capital
Considrn
Prof.
Gains
-------- ---------- --------15258
8788
8788
8194
8194
8194
-------- ---------- --------23452
16982
16982
-------- ---------- ---------

LONG TERM CAPITAL GAIN ON SALE OF SHARES/UNITS-TAX @20%

--------------------------- ---- ----------------------- ------------------- ----------------Acq

Acq Infl. Indexed
Sale
Sales Selling
Company Name
Dt/Yr. Qty.
Rate
Cost Index Acq Cost
Date Considrn
Exp.
--------------------------- ---- ----------------------- ------------------- ----------------Arvind Ltd.
04/01/08 50
86.83
4342
551
7400 02/12/13
6600
0
Arvind Ltd.
04/01/08 50
86.82
4341
551
7398 18/11/13
6315
0
--------------------------- ---- ----------------------- ------------------- ----------------Totals
8683
12915
--------------------------- ---- ----------------------- ------------------- -----------------

-------- ---------- --------Net Sale

Book Capital
Considrn
Prof.
Gains
-------- ---------- --------6600
2258
-800
6315
1974
-1083
-------- ---------- --------12915
4232
-1883
-------- ---------- ---------

CAPITAL GAIN PERIODWISE BREAKUP WITH RELEVANCE TO ADVANCE TAX INSTALMENT

-------------------------------------------------------------------------------Capital Gains
1st
2nd
3rd
4th
Total
Instalment Instalment Instalment Instalment
-------------------------------------------------------------------------------Short Term
0
0
0
0
0
Long Term
0
-1883
16982
0
15099
-------------------------------------------------------------------------------Total
0
-1883
16982
0
15099
--------------------------------------------------------------------------------

INCOME FROM OTHER SOURCES (NSC)

------------------------------------------------------------------------------------------------------Particulars
Others Earngs
Exps
Net
------------------------------------------------------------------------------------------------------Bank Interest/Interest on Bonds
Invest
Bank of Maharashtra
4271
0
4271
Union Bank of India
1300
0
1300
------------------------------------------------------------------------------------------------------Total - Bank Interest/Interest on Bonds
0
5571
0
5571
-------------------------------------------------------------------------------------------------------

Page 3 of 3