Form No. 3A Substituted

Form No. 1 substituted

Return of Income

S.O.- (E). -In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), The Central Board of Direct Taxes hereby makes the following rules, further, to amend the Income-tax Rules, 1962, namely : -

1. (1) These rules may be called the Income-tax (19th Amendment) Rules, 2001
(2) They shall come into force on the date of their publication in the official Gazette.
2. In the Income-tax Rules, 1962, in Appendix II, for FORM NO.1 the following shall be substituted namely : -

Form No.1

For Companies other than those claiming exemption U/S 11

+        Please follow instructions and fill in relevant schedules.
+        Pan must be quoted.
+        Use block letters only.

ACKNOWLEDGEMENT
For Office use only
Receipt No.		Date

Seal and signature of Receiving Official

If there is change in jurisdiction, state old Ward/Circle/Special Range

Previous Year

Assessment Year

10.

Residential Status

11.

U/s 139/ 142/ 148

12.

Whether Original or Revised Return?

If revised, Receipt No. and

date of filing original Return

13.

Is this your first Return Yes No

PERMANENT ACCOUNT MEMBER

(if not applied for or not allotted, enclose Form 49A)

NAME

ADDRESS (Flat No/door/House No., Premises, Road, Locality/village, Town/District State/Union Territory in that order)

Telephone

Fax, if any

Date of Formation (DD-MM-YYYY)

Is there any change in Address?

Yes No

Ward/Circle/Special Range.

COMPUTATION OF TOTAL INCOME (in Rs.)

STATEMENT OF TAXES (IN RS. )

		Sch.
14.	Income from house property F-1A	702
15.	Profits and gains of business or profession F-1B	703
16.	Capital gains:
	a. Short term F-1C(i)	704
	b. Long term F-1C(ii)	705
17.	Income from other sources F-1D	706
18.	Gross total income F-2	746
19.	Deduction Ch-VIA F-3	747
20.	TOTAL INCOME	760
	In Words
21.	Net agricultural income F-6	762
22.	Income claimed exempt K	125
23.	Tax payable 3-4	825
24.	Surcharge G-5	828
25.	Tax plus Surcharge G-6	829

26.	Tax payable G-7	838
27.	Balance tax payable G-8	840
28.	Tax deducted/collected at source G-9A	870
29.	Advance Tax paid G-9B	862
30.	Balance tax payable G-10	877
31.	Interest payable u/s 234A/234B/234C G-12	862
32.	Self assessment tax paid G-14	876
33.	Tax and interest payable G-15	880
34.	Tax credit due u/s 115JAA G-16	881
35.	Balance tax and Interest payable (33-34) G-17	883
36.	Refund due, if any G-18	896
37.	Tax/interest on distributed profit u/s 115-O/115P G-19	897
38.	Total payable (37 + 35) G-20 Or as the case may be	893

39. DETAILS OF BANK ACCOUNT(S)/ CREDIT CARD AND OTHER PARTICULARS AS PER SCHEDULE-H

40.	NO. OF DOCUMENTS/ STATEMENTS ATTACHED
	Description	In Figures	In words		Description	In Figures	In words
a.	Statement of taxable income/tax			d.	TDS Certificates
b.	Audit report			e.	Challans
c.	Statements of A/c			f.	Others

VERIFICATION++

I, . . . . . . . . . . . . . . . .(full name in block letters), son/ daughter of . . . . . . . . . . . . . . .solemnly declare that to the best of my knowledge and belief, the information given in this return and the schedules, statements, etc. accompanying it is correct, complete and truly stated and in accordance with the provisions of the Income-tax act, 1961, in respect of income chargeable to income tax for the previous year relevant to the assessment year. . . . . . . .
I further declare that I am making this return in my capacity as ____________and I am also competent to make this return and verify it.

Name and Signature

Date: . . . . . . . . .
Place: . . . . . . . .

SCHEDULE-A. INCOME FROM HOUSE PROPERTY

In case of more than one house property, compute the income from each property on a separate sheet (to be attached to the return) and mention the aggregate figure against item no.16.

1. Number of sheets 301 (in case of more than one property) Sheet No. 302
2. Address of the Property
(Flat No. Door/House No., Premises, Road, Locality/village, Town/District,State/Union Territory in that order)

State whether the above mentioned property is

303 Self Occupied or Let Out or Unoccupied (Please tick as applicable)

Built-up Area(in Sq.mrt.) 304	Area of land appurtenant (in sq.mtr.) 305	Annual lettable value 306

Amount

Annual lettable value/Annual rent received or receivable (whichever is higher.

307

Less: Deduction claimed u/s 23

(a) Taxes actually paid to local authority

________________________

(b)________________________

(c)________________________

Amount

Total of 6 above ................................................................................................................................

312

Balance (5-7)

313

Less: Deductions claimed u/s 24

(a) Repairs and collection charges 320

(b)____________________________________

(c)____________________________________

(d)____________________________________

(e)____________________________________

10.

Total of 9 above ..........................................................................................................................

325

11.

Balance (8-10) ..............................................................................................................................

330

12.

Unrealised rent received in the year (u/s 25A) .......................................................................

331

13.

(a) Amount of arrears of rent received in the year
u/s25B) 332

(b) Less : deduction admissible u/s 25B (1/4 of arrear
rent received) 333

14.

Income chargeable under section 25B[13(a)-13(b)]

340

15.

Balance (11 + 12+ 14)

341

16.

Total of 15 (in case of more than one property, give total of all sheets)

350

17.

INCOME CHARGEABLE UNDER THE HEAD
"INCOME FROM HOUSE PROPERTY" (16)

399

SCHEDULE B. PROFITS AND GAINS OF BUSINESS OR PROFESSION
(i) GENERAL

Nature of business or profession: Manufacturing 501

If yes, state the change:

Trading 502 Manufacturing-cum-trading 503

Are you liable to maintain accounts as per Sec- 44AA
Yes No

Services 504 Profession 505 Others 506

10.

Are you liable to tax audit u/s 44AB(a)/(b)? Yes No

No. of branches Attaches list with full address(es)

11.

Are you liable to tax audit u/s 44AB(c) read with section 44AD/ 44AE/ 44AF Yes No

_________________________________________

12.

If answer to 10 or 11 is yes, have you got the accounts audited before the specified date? Yes No

_________________________________________

13.

If yes, whether audit report is furnished? Yes No

Method of accounting 507 Mercantile Cash

If yes, give receipt No. _______________________________

Is there any change in method of accounting? Yes No

If yes, state, the change ____________________________
_______________________________________________

And date of filing the same

Method of valuation of stock ________________________

(also attach a copy)

_________________________________________

Is there any change in stock valuation method? Yes No

(ii) COMPUTATION OF INCOME FROM BUSINESS OR PROFESSION OTHER THAN SPECULATION BUSINESS
(IN CASE YOU HAVE MORE THAN ONE BUSINESS OR PROFESSION AND MAINTAIN SEPARATE BOOKS OF
ACCOUNT, ATTACH SEPARATE SHEET(S) GIVING COMPUTATION FOR EACH SUCH BUSINESS OR
PROFESSION AND SHOW THE AGGREGATE FIGURES AGAINST VARIOUS ITEMS)

14.

Net profit or loss as per consolidated profit and loss account

571

15.

Add: adjustment on account of change in method of accounting and/or valuation of stock

511

512

For assessees having income covered u/s 44AD\44AE\44AF:-

(i). Add/ Deduct -profit/ loss of business(es) included in Item
14 u/s indicated below if answer to any of items 9, 11, 12
or13 above is 'No.'

(a) Section 44AD

513

(b) Section 44AE

514

515

Total

520

521

(ii). In case you were engaged in the business of civil
construction or supply of labour for civil construction
mentioned in sec 44AD;

(a) Gross Receipts

522

(b) Net profit @ 8% of gross receipt

523

524

525

(iii). In case you owned not more than 10 goods carriages and were engaged in the business of
plying hiring or leasing of such carriages as mentioned in sec 44AE;

	No. of Vehicles/ carriages	No. of months during which owned	Deemed profit u/s 44AE
(a) heavy goods vehicle
(b) other goods carriages
Total

530

531

(iv). In case you were engaged in the business of retail trade
        in any goods or merchandise, the total turnover on
        account of which did not exceed forty lakh rupees, as
        mentioned in sec 44AF: -

(a) Total turnover on account of such business

532

(b) Deemed profit at rate of 5% of turnover

533

540

541

17.

Deduct: Amount of exempt income included in Item 14, being:

(i) Share of income from firm(s) exempt u/s10(2A)

542

(ii) Share of income from AOP/BOI

543

(iii) Any other income exempt from tax (specify the section)

544

Total

550

551

18.

Is sec.10A/10B/10C applicable? Yes No

If yes, have you opted out by filing declaration prescribed u/s 10A(8)/10B(8)/10C(8)?
YesNo

If No, furnish the following information

Section	Year No	Amount claimed deductible/not includible in total income


Total 552

Deduct:-Amount as per item 18 above

553

19.

Add Incomes specified in sec 28(ii) to 28(vi) not included in item 14

560

561

20.

Add: Deemed incom(s) u/s 33AB, 33ABA, 35ABB, 41, 72A, 80HHD, 80IA etc., not included in 14 above

Section	Amount

Total

561

565

21.

Deduct: Allowances u/s 35A, 35AB, 35ABB, 35D, 35E etc.

Section	Year No.	Installment	Amount debited in A/cs	Amount allowable

Total

568

569

22.

Add: Adjustment on A/c of profit includible u/s 44B, 44BBB and 44BBA

570

571

23.

Add/ deduct: Adjustments in accordance with sec 28 to 44D,
if any necessary

Section	Amount

Total

572

573

24.

Add/ deduct: Adjustment on account of current depreciation debited in books of account and allowable as per the Act

574

575

25.

Add/ deduct: Adjustment on account of scientific research expenses u/s 35(1)(iv)

576

577

26.

Profits and gains of business or profession other than speculation business

578

(iii) COMPUTATION OF INCOME FROM SPECULATION BUSINESS

27.

Profit/ loss from speculation business

580

28.

Add/deduct: Adjustment in accordence with sec 228 to 44D, if
any necessary

583

29.

Balance profit from speculation business (27-28)(if this,figure
is negative, it shall be shown against 35(i) below)

584

30.

Deduct: Loss if any, of business and profession at 26 above to the extent speculation profit is available [the resultant
negative figure, if any shall be shown against 35(ii) below]

585

31.

Balance -(29-30)

586

32.

Deduct: Brought forward speculation loss, if any

587

33.

Balance-Income or loss from speculation (31-32)[If this figure is negative, it shall be shown against 35(i) below and not considered in 34]

588

34.

Income chargeable under the head "profits and gains of business or profession including speculation (26+33)

599

35.

Current year's losses remaining unadjusted;
(i) Speculation loss, i.e. the negative figure, if any, at 29 or 33

591

(ii) Loss from business or profession after set off against
current year's speculation profit at 30 above.
(The above negative figure(s) shall be shown in Schedule F.1 to F.3)

592

SCHEDULE C. CAPITAL GAINS .

Separate sheets may be used and attached to the return in case of more than one short term/long term asset The aggregate figure may be shown against Item no.14. indexed cost of acquisition and improvement, wherever considered necessary may be shown against item no.7.

A. Short-term Asset

B. Long-term Asset

1. Number of sheets 601 ( in case of more than one asset only)

Sheet No. 602

2. Particulars of asset transferred

603

653

3. Date of Acquisition (DDMMYYYY)

604

654

4. Date of transfer (DDMMYYYY)

605

655

5. Mode of transfer

606

__________________

656

__________________

6. Full value of consideration accrued or
received

607

657

7. Deductions u/s 48

(i) Cost of acquisition

609

659

(ii) cost of improvement

610

660

(iii) expenditure on transfer

611

661

8. Total of 7 above

615

665

9. Balance (6-8)

616

666

10. Exemption u/s
54D 623 54G 624

54D669 54EA 670

54EB669 54EA 672

54G669

11. Balance (9-10)

630

680

12. Amount deemed to be Capital Gains
u/s
54D 633 54G 634

54D 683 54G 685

13. Total (11+12)

640

690

14. Total of 13(in case of more than one short/long term asset, give total of all sheets)

642

692

15. Deemed Short term capital gain on depreciable assets (Sec. 50)

643

B.Long Term(12)

698

16. Particulars of transfer claimed exempt u/s 47:

Nature of asset	Date of transfer	Amount/Value	Relevant clause of section 47

17. Income chargeable under the head "CAPITAL GAINS"

A. Short Term (14+15)

649

B. Long Term(14)

699

18. Information about accrual/receipt of capital gains

	Upto15/6	16/6 to 15/9	16/9 to 15/12	16/12 to 15/3	16/3 to 31/3
Short term	Rs ........................	Rs ........................	Rs ........................	Rs ........................	Rs ........................
Long term	Rs ........................	Rs ........................	Rs ........................	Rs ........................	Rs ........................

SCHEDULE D. INCOME FROM OTHER SOURCES

Code

Amount

Code

Amount

1. Income* other than from owning race horse(s): -

(a) Dividends

460

(b) Interest

461

462

(d) Voluntary Contributions/ Donations
including donations for the corpus

463

(e) Others

464

2. Total of 1 above .........................................................................................................................................

470

3. Deductions u/s 57: -

(a) Depreciations

(b) _________________

4. Total above ...................................................................................................................................................

471

5. Balance (2-4)..................................................................................................................................................

473

6 (a) Income from owning and
maintaining racehorses

474

(b) Deductions u/s 57

475

7. Balance income from owning and maintaining race horse(s) [6(a)- 6(b)] ...........................................

476

8. Winnings from lotteries, cross word puzzles, races etc.(see sec.115BB) ...........................................

477

9. INCOME CHARGEABLE UNDER THE HEAD :

" INCOME FROM OTHER SOURCES" (5+6+7)...................................

499

Indicate the gross amount against sub items (a) to (d)

E. STATEMENT OF SET- OFF OF CURRENT YEAR'S LOSS UNDER SECTION 71.

Fill in this sub-part only if has loss from any of the following sources for set-off against income form any other sources Else, write N.A.

Amount of loss arising from house property (see itemA-17)                                                                                  Rs ------------------------------
Amount of loss from business (excluding speculation loss) [see item B-15(ii)]                                                   Rs ------------------------------
Amount of loss from other sources (excluding loss from race horses) [see item D-4]                                         Rs ------------------------------

Head/ source of Income		Income from current year	House property loss of the previous year set off	Business loss (other than speculation loss) of the current year set off*	Other sources loss (other than loss from owning race horses) of the current year set off	Current year's income remaining after set-off
Head/ source of Income		(i)	(ii)	(iii)	(iv)	(v)
1.	House property
2.	Business (including speculation profit)
3.	Short term capital gain
4.	Long term capital gain
5.	Other sources (including profit from race horses)

Under column (i), write only the positive incomes from the heads / sources of income mentioned in rows (1) to (5) .
* Under columns (ii), (iii) and (iv) write the appropriate amount of loss against the head/ source of income with which it is set-off.

SCHEDULE- E-2. STATEMENT OF SET-OFF OF UNABSORBED LOSSES AND ALLOWANCES
BROUGHT FORWARD FROM EARLIER YEARS

S.No.	Head of Income	Income after set off, if any, of current year's losses as per Sch:E.1	Brought forward loss set off	Brought forward depreciation set off	Brought forward allowance u/s 35(4) set off	Current year's income remaining after set off
S.No.	Head of Income	(i)	(ii)	(iii)	(iv)	(v)
1.	House Property
2.	B u s i n e s s (including speculation profit)
3.	Short term capitalgains
4.	Long term capital gain
5.	other sources (including profits from owning race horses)

SCHEDULE - E.3. STATEMENT OF LOSSES AND ALLOWANCES BROUGHT FORWARD FROM
PRECEDING ASSESSMENT YEARS AND CARRIED FORWARD

S No.

8th

7th

6th

5th

4th

3rd

2nd

1st

Total brought
forward

amount set off against current year's income

Amount c/f including current years

Assessment Year

Date of which return filed

House Property loss

Speculation business loss

Other business loss

B u s i n e s s depreciation

Allowance u/s 35(4)

Loss under 'capital gains"

Loss from owning race horses

SCHEDULE F. STATEMENT OF TOTAL INCOME

Code

Amount

Code

Amount

1. A. Income from House Property (sch.A.17 or, as the case may be. E.2.1v)

702

B. Profit & Gains of Business & Profession (Sch. B.34 or, as the case may be. E.2.2V

703

C. Capital Gains

(i) Short term (sch. C.17A or, as the case may be, E.2.3v)

704

(ii) Long term (sch.C.17B or, as the case may be, E.2.4V)

705

D. Income from other Sources (Sch. D.9 or, as the case may be, E.2 5.v)

706

2. Gross total Income (1A to 1D)

3. Deductions under chapter VI-A (wherever admissible)

Section	Code*	Gross amount	Qualifying amount(Rs.)	Deductible amount (Rs.)	Certificates attached (Rs.)

Total

475

4. Total income (2-3)

752

5. Total Income (as rounded off to the nearest multiple of ten)

760

6. INCOME FOR RATE PURPOSES: Net Agricultural Income

762

Any other income under chapter VII

763

Total

767

7. INCOME INCLUDED IN SCHEDULES A to D WHICH IS CHARGEABLE TO TAX AT SPECIAL RATE

Nature of Income chargeable to tax at special rates	Section under which chargeable	Code	Amount of Income	Rate of tax applicable	Amount of tax (Rs.)

8. Total income chargeable at special rate(s)

768

9. Total income chargeable at normal rate (5-8)

770

10. Business reorganisation

(a) In case of amalgamating company, write the name of amalgamated company

(b) In case of amalgamated company, write the name of amalgamating company

(d) In case of resulting company, write the name of demerged company

11. In the case of non-resident, is there a permanent establishement

Yes No

(PE) in India? If yes, give address of all PEs

___________________________________

12. Whether this return is being filed in the capacity of a representative assessee?

Yes No

If yes, indicate the capacity in which the return is filed, alongwith full address and PAN of the person represented

_______________________________________________________

PAN

_______________________________________________________

13. Particulars of Managing Director, Directors, Secretary and principal officer(s) who have held office during the previous year

NAME

DESIGNATION

RESIDENTIAL ADDRESS

PAN

14. Particulars of persons who were beneficial owners of equity shares holding not less than 10% of the voting power at any time of the previous year.

NAME AND ADDRESS

PERCENTAGE OF BENEFICIAL OWNERSHIP OF EQUITY SHARES

PAN

15. Nature of business or profession, if more than one business or profession indicate the three main activities/products

S. No.	Code	Description
i.

ii.

iii.

16. Funds raised/inflow during the previous year by way of

		(Rs. in lakhs)			(Rs. in lakhs)
(a)	Equity share	....................................	(h)	External commercial borrowings	....................................
(b)	Preference share	....................................	(i)	Term loans from	....................................
(c)	Similar instruments	....................................		(1)Financial institution	....................................
(d)	Bonds	....................................		(2) Scheduled bank	....................................
(e)	Debentures	....................................	(j)	Sale of instruments held as investment	....................................
(f)	Secured loans	....................................	(k)	Dividends and interest received other than received by financial enterprises	....................................
(g)	Unsecured loans	....................................
	Total	....................................		Total	....................................

17. Details of increase in cash credit limits allowed by banks

Name of the bank & branch	Cash credit limit as on the last day of the immediately preceding previous year	Additional limits sanctioned during the previous years

18. Percentage increase in funds employed as compared to the immediately preceding previous year

903

19. Percentage increase in sales as compared to the immediately preceding previous year

905

20. Capital expenditure during the year in the purchase of

905

	Description	Code	Previous Year	Code	Immediate preceding Previous Year
(a)	land	907		908
(b)	buildings (including residential accommodation/quarters for employees)	909		910
(c)	plant and machinery	911		912
(d)	securities	913		914
(e)	other business(es)	915		916
(f)	any other capital expenditure	917		918

(Give these figures for the previous year and immediately preceding previous year)

21. Total Sales/Turnover/Gross receipts

919

22. Gross profits shown

920

SCHEDULE G. STATEMENT OF TAXES

Code

Amount

Code

Amount

1. Tax on total income
(a) At normal rates

801

(b) At special rates

802

2. Tax on total income[1(a)+ 1(b)].....

810

3. 7.5% of adjusted book profit as computed in
Sch. 1-6

821

4. Tax payable ( higher of 2 and 3 above )...........................................................................................................

825

5. Surcharge (on 4 above) .....................................................................................................................................

828

6. Tax plus surcharge ..........................................................................................................................................

829

7. Relief u/s 90 91 ..................................................................................................................................

836

8. Balance tax payable(6-7) .................................................................................................................................

840

9. Prepaid taxes ....................................................................................................................................................

840

(A) Tax deducted/collected at source: [Attach certificate(s)]:

S.No.

Under Section

No. of Certificates

Amount

Total of [(a) to ] ........................................................................................................................................

870

(B) Advance tax (attach Challans)

Up to 15/6 856		Up to 15/9 857	16/9 to 15/12 860	16/12 to 15/03 860	16/03 to 31/03 861	Total	862
Amount (Rs.)	1
Date	2
Name of Bank
Branch

(C) Other prepaid taxes, if any
(Please specify and attach proof) ...................................................................................

876

10. Balance tax payable (8-9) ....................................................................................................

877

11. Add interest for:

(a) Late filing of return u/s 234A

842

(b) Default in payment of advance tax u/s 234B

843

844

12. Total of 11...........................................................................................................................................................

847

13. Total tax and interest payable (10+12) ..........................................................................................................

879

14. Tax on Self Assessment (Attach challan) ....................................................................................................

875

	Date of payment	Income Tax (Rs.)	Interest as per 10 above (Rs.)	Total (Rs.)
	1	2	3	4
875

15. Tax and lnterest payable(13-14)

880

16. Tax credit to be allowed u/s 115JAA

881

17. Balance tax and interest payable (15-16)

881

18. Refund due, if any

896

19. Tax and interest payable on distributed profits u/s 115-O/115-P
as computed in Sch. J-12 ..................................................................................................................................

897

20. Total payable (17+19) or, as the case may be (19-18) ..................................................................................

898

SCHEDULE - I. BOOK PROFITS UNDER SECTION 115JB

1. Net profit as shown in the profit and loss account

935

2. Adjustment (if any) -vide the first and second proviso to section 115JB(2)

937

3 Adjustments-vide explanation to section 115JB(2)

S. No.	Item	Add	Deduct

Net Effect .............................................................

938

4. Total of adjustments (2+3)

939

5. Balance i e. adjusted book profit u/s 115JB(1-4)

940

6. 7.5% of adjusted book profits

942

7. Tax paid u/s 115 JB, if any ...Date

Amount...............

943

SCHEDULE -J. TAX ON DISTRIBUTED PROFITS OF DOMESTIC COMPANIES

Date of declaration, distribution, or payment of any dividend

938

Rate of dividend declared, distributed, or paid during the previous year Interim

939

Final

940

Amount of any dividend declared, distributed or paid

953

Additional Income-tax payable u/s 115O .......................................................................................

954

Surcharge thereon .............................................................................................................................

955

Additional Income-tax + surcharge payable .................................................................................

956

Date and amount paid out of.

Date

Amount...........

957

6 above in respect of 3 above

Balance (6-7) .....................................................................................................................................

953

Interest payable u/s 115P ................................................................................................................

959

10.

Interest paid ............................................................................................................................

960

11.

Balance interest payable (9-10) .......................................................................................................

961

12.

Balance tax and interest payable (8+11) ..........................................................................................

962

SCHEDULE - K. INCOME CLAIMED EXEMPT

NATURE OF INCOME	AMOUNT (Rs.)	EXEMPT UNDER SECTION	REASONS FOR THE CLAIM

SCHEDULE - L. LIST OF DOCUMENTS/STATEMENTS ATTACHED

S NO.	NATURE OF DOCUMENTS/STATEMENTS	NO OF SHEETS	S.NO.	NATURE OF DOCUMENTS/STATEMENTS	NO. OF SHEETS

TOTAL
Sd/-
(Batsala Jha Yadav)

Issued by:
Government of India, Ministry of Finance, Department of Revenue
Central Board of Direct Taxes), New Delhi