Tax Return - Mr. X - AY 2022-23
Tax Return - Mr. X - AY 2022-23
Tax Return - Mr. X - AY 2022-23
Imran Hossain
Computation of Total Income
Assessment Year: 2017-2018 (Income year 2016-2017)
Taka Taka
Income from Salary (u/s-21):
Basic salary (From 01 July 2016 to 30 June 2017) 372,000
Festival Bonus (Two Eid Bonuses) 85,500
Note Taka
Income from Salary (u/s-21):
Basic salary (From July 2016 to September 2016) (32,500 X 3) 97,500
Basic Salary (From Oct'16 to Jun'17) (35,750 X 9) 321,750
Festival Bonus (65,000*75%*25%) + (65,000*75%*50%) 36,563
Income from Interest of DPS or FDR or Savings Account [53F] & [82C] -
Add: Tax Deducted at Source from above Interest Income - -
Income from Interest on Post Office Saving Bank Account [53I] & [82C] -
Add: Tax Deducted at Source from above Interest Income - -
A8 Net Tax Payable by the Assessee after Assessment u/s 82BB, higher of above options 15,072
Cashflow Statement
AY 2022-23
* Taxable income shall be more than BDT 300,000 for Man and BDT 350,000 for Woman.
SCHEDULE 24D
Particulars of Tax Creddit or Rebate
Total
Opening Transaction
SL # Particulars Amount in
Balance during IY BDT
5 Business Capital (5A+5B) - -
5A 5A. Business Capital other than 5B - - -
5B 5B. Director's Shareholdings in limited companies (as in Sch 25) - - -
6 Non-Agricultural Property (6A+6B) - -
6A 6A. Non-Agricultural Property (as in Sch 25) - - -
6B 6B. Advance made for Non-Agricultural Property (as in Sch 25) - - -
7 Agricultural Property (as in Sch 25) - - -
8 Financial Assets Value (8A+8B+8C+8D+8E) 300,000 600,000
8A 8A. Shares, Debentures, Bonds, Mutual Funds etc. - - -
8B 8B. Savings Certificate, Bonds and Other Govt. Securities (BSP) 300,000 300,000 600,000
8C 8C. Fixed Deposit Scheme (DPS), Term Deposits, FDR - - -
8D 8D. Loans given to Others (Mention Name and TIN) - - -
8E 8E. Other Financial Assets (Give Details) - - -
9 Motor Car(s) (use additional paper if more than two cars) - - -
10 Gold, Diamond, Gems & Other items (mention quantity) 10 Vori - Value Unknown - - -
11 Furniture, equipment and electronic items 650,000 - 650,000
12 Other assets of significant value - - -
13 Cash and Fund Outside Business (A+B+C+D) 2,734,644 2,943,016
13A A) Notes & Currencies 2,262,043 208,372 2,470,415
13B B) Banks, Cards, and Other Electronic Cash 279,353 - 279,353
13C C) Provident fund and other fund 193,248 - 193,248
13D D) Other deposits, balance and advance (Other than 08) - - -
14 Gross wealth (Aggregate of 05 to 13) 3,684,644 4,193,016
15 Liabilities outside business (A+B+C) - -
15A A) Borrowings from banks and other financial institutions - - -
15B B) Unsecured loan (mention name and TIN) - - -
15C C) Other loans or overdrafts - - -
16 Net Wealth (14 - 15) 3,684,644 4,193,016
17 Net wealth at the last date of previous income year 3,049,254 3,684,644
18 Change in Net Wealth (16 - 17) 635,390 508,372
19 Other Fund outflow during the income year (A+B+C) 1,600,610 1,727,628
19A A) Annual living expenditure and tax payments (as IT10BB2016) 1,600,610 1,727,628
19B B) Loss, deductions, expenses, etc. not mentioned in IT-10BB2016 - -
19C C) Gift, donation and contribution (mention name of recipient) - -
20 Total fund outflow in the income year (18+19) 2,236,000 2,236,000
21 Sources of Fund (A+B+C) 2,236,000 2,236,000
21A A) Income shown in the return 1,802,800 1,802,800
21B B) Tax exempted income and allowance 433,200 433,200
21C C) Other receipts and sources (Life Time Savings) - -
22 Shortage of fund, if any (20-21) - -
Note: As per Sec. 80, if your gross wealth does not exceed BDT 40 lac or you do not own a Motor Car or have an Investment in House
Property or Apartment in any City Corporation Area, you do not need to furnish or submit this Statement (IT10B).
Statement of Expenses relating to Lifestyle
SL # Particulars Amount
5 Expenses for food, clothing, medical & other essentials 560,000
6 Housing expense -
7 Auto and transportation expenses (A+B) 265,000
7A A) Driver's salary, fuel & maintenance 190,000
7B B) Other transportation 75,000
8 Household and utility expenses (A+B+C+D) 140,000
8A A) Electricity -
8B B) Gas, water, sewer & garbage -
8C C) Phone, internet, TV Channels subscription 85,000
8D D) Home-support staff & other expenses 55,000
9 Children's education expenses -
10 Special Expenses (A+B+C+D) 562,000
10A A) Festival, party, events & gifts 350,000
10B B) Domestic & overseas tour, holiday, etc. 185,000
10C C) Donation, philanthropy, etc. 15,000
10D D) Other special expenses 12,000
11 Any other expenses -
12 Total expense relating to lifestyle (5 to 11) 1,527,000
13 Payment of tax, charges, etc. (A+B) 200,628
13A A) Payment of tax at source (TDS) 200,628
13B B) Payment of tax, surcharge or other amount -
14 Total amount of expense and tax (12+13) 1,727,628
Statement of Expenses relating to Lifestyle
SL # Particulars Amount
5 Expenses for food, clothing, medical & other essentials 394,377
6 Housing expense 240,000
7 Auto and transportation expenses (A+B) 24,000
7A A) Driver's salary, fuel & maintenance -
7B B) Other transportation 24,000
8 Household and utility expenses (A+B+C+D) 91,500
8A A) Electricity 24,000
8B B) Gas, water, sewer & garbage 27,500
8C C) Phone, internet, TV Channels subscription 25,000
8D D) Home-support staff & other expenses 15,000
9 Children's education expenses -
10 Special Expenses (A+B+C+D) 99,000
10A A) Festival, party, events & gifts 85,000
10B B) Domestic & overseas tour, holiday, etc. -
10C C) Donation, philanthropy, etc. 5,500
10D D) Other special expenses 8,500
11 Any other expenses -
12 Total expense relating to lifestyle (5 to 11) 848,877
13 Payment of tax, charges, etc. (A+B) 32,500
13A A) Payment of tax at source (TDS) 32,500
13B B) Payment of tax, surcharge or other amount -
14 Total amount of expense and tax (12+13) 881,377
Statement of Assets, Liabilities and Expenses
Total
Opening Transaction
SL # Particulars Amount in
Balance during IY BDT
5 Business Capital (5A+5B) - -
5A 5A. Business Capital other than 5B - - -
5B 5B. Director's Shareholdings in limited companies (as in Sch 25) - - -
6 Non-Agricultural Property (6A+6B) - -
6A 6A. Non-Agricultural Property (as in Sch 25) - - -
6B 6B. Advance made for Non-Agricultural Property (as in Sch 25) - - -
7 Agricultural Property (as in Sch 25) - - -
8 Financial Assets Value (8A+8B+8C+8D+8E) - -
8A 8A. Shares, Debentures, Bonds, Mutual Funds etc. - - -
8B 8B. Savings Certificate, Bonds and Other Govt. Securities (BSP) - - -
8C 8C. Fixed Deposit Scheme (DPS), Term Deposits, FDR - - -
8D 8D. Loans given to Others (Mention Name and TIN) - - -
8E 8E. Other Financial Assets (Give Details) - - -
9 Motor Car(s) (use additional paper if more than two cars) - - -
10 Gold, Diamond, Gems & Other items (mention quantity) 10 Vori - Value Unknown - - -
11 Furniture, equipment and electronic items 335,000 - 335,000
12 Other assets of significant value - - -
13 Cash and Fund Outside Business (A+B+C+D) 512,748 685,739
13A A) Notes & Currencies 7,379 - 7,379
13B B) Banks, Cards, and Other Electronic Cash 1,032 875
13C C) Provident fund and other fund 341,509 77,377 418,886
13D D) Other deposits, balance and advance (Other than 08) 162,828 95,772 258,600
14 Gross wealth (Aggregate of 05 to 13) 847,748 1,020,739
15 Liabilities outside business (A+B+C) - 250,000
15A A) Borrowings from banks and other financial institutions - - 250,000
15B B) Unsecured loan (mention name and TIN) - - -
15C C) Other loans or overdrafts - - -
16 Net Wealth (14 - 15) 847,748 770,739
17 Net wealth at the last date of previous income year 677,903 847,748
18 Change in Net Wealth (16 - 17) 169,845 (77,009)
19 Other Fund outflow during the income year (A+B+C) 1,012,820 881,377
19A A) Annual living expenditure and tax payments (as IT10BB2016) 1,012,820 881,377
19B B) Loss, deductions, expenses, etc. not mentioned in IT-10BB2016 - -
19C C) Gift, donation and contribution (mention name of recipient) - -
20 Total fund outflow in the income year (18+19) 1,182,665 804,368
21 Sources of Fund (A+B+C) 1,182,665 804,368
21A A) Income shown in the return 843,159 542,238
21B B) Tax exempted income and allowance 339,506 262,130
21C C) Other receipts and sources (Life Time Savings) - -
22 Shortage of fund, if any (20-21) - 0
Note: As per Sec. 80, if your gross wealth does not exceed BDT 40 lac or you do not own a Motor Car or have an Investment in House
Property or Apartment in any City Corporation Area, you do not need to furnish or submit this Statement (IT10B).