Rajas Und Aram

7/31/2019 Rajas Und Aram

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Doctor Fees from Apollo Hospital Enterprise Limited

1) Apollo Hospital -Main Rs. 60175.00

2) Apollo First-Med Hospital Rs. 94300.00

Total Gross Amount Rs. 154475.00

Less:- Service Charges Deducted Rs. 7013.00

(2298+4715)Rs. 147462.00

Submitted that the above sum of Rs.147462/- has beeninadvertantly escaped to be admitted in the return mainlydue to the resaon of non-availability of related statementfrom the concerned Hospital.

Doctor Fees received in cash from Apollo Hospital Enterprise Limited

1) Apollo Speciality Hospital Rs. 1361750.00


Not Amount received Rs. 1225575.00

DR.RAJASUNDRAMF.Y 01.04.2003 TO 31.03.2004

DR.RAJASUNDRAM

not reflected in the Return



2/23

Doctor Fees received in cash from Apollo Hospital Enterprise Limited

1) Apollo Speciality Hospital Rs. 2093320.00


Not Amount received Rs. 1883988.00

F.Y 01.04.2004 TO 31.03.2005


3/23

Doctor Fees from Apollo Hospital Enterprise Limited

1) Apollo Hospital -Main Rs. 71700.00

2) Apollo First-Med Hospital Rs. 57400.00

Total Gross Amount Rs. 129100.00

Less:- Service Charges Deducted Rs. 6455.00(3585+2870)

Rs. 122645.00

Submitted that the above sum of Rs.122645/- has beeninadvertantly escaped to be admitted in the return mainlydue to the resaon of non-availability of related statementfrom the concerned Hospital.


not reflected in the Return


4/23

1 Professional Indemnity Insurance premiumpaid to United India Insurance & Co Rs. 2592.00

2 Interest paid to ICICI Bank for Motor Car Loan Rs. 8793.75

TOTAL 11385.75

for A.Y 2005-2006

DR.RAJASUNDRAM

Details in respect of following Expenditure as per revised return filed on 13.07.2006


5/23

31.03.05 Bank Balance as per Canara bank Pass Book Rs. 294940.33

LESS:- Cheque issued but not debited:-

19.03.05 Telephone Expenses Rs. 8955.0030.03.05 Investment in Share/PNBB Rs. 30000.0030.03.05 ICICI Tax Savings Bond Rs. 10000.0031.03.05 Mediclaim Insurance Rs. 3809.00 Rs. 52764.00

31.03.05 Balance as per Canara Bank Cash book Rs. 242176.33

DR.RAJASUNDRAMBANK RECONCILIATION STATEMENTFOR THE MONTH ENDING 31.03.2005


6/23

31.03.07 Bank Balance as per I.O.B Pass Book Rs. 165879.49

LESS:-

26.03.07 Cheque issued to Appllo Hospitals Enterprise Ltd but not debited Rs. 38400.00

31.03.07 Balance as per I.O.B Cash book Cr Rs. 127479.49

DR.RAJASUNDRAMBANK RECONCILIATION STATEMENTFOR THE MONTH ENDING 31.03.2007


7/23

NAME : Dr. S. RAJASUNDARAM, M.S.,D.N.B.,M.chSURGICAL ONCOLOGIST

ADDRESS : 20 PERIANNA MAISTRY STREET,PERIAMET, CHENNAI-600 003.

STATUS : INDIVIDUAL

PAN : AEOPER1964C/DCIT.CIRCLE XII

ASSESSMENT YEAR 2005-2006

(ORIGINAL RETURN FILED ON 29/10/05 VIDE ACK. NO.005991 /DCIT. CIRCLE XII)

COMPUTATION OF TOTAL INCOME UNDER CHAPTER IV OF THE INCOME TAX ACT.1961

C. INCOME FROM HOUSE PROPERTY

SELF OCCUPIED AND SITUATED AT

A/2, B.S.R. ELYSIUM865, POONAMALLEE HIGH ROADKILPAUK, CHENNAI-600 010.

The property was self occupied andthe income has been taken as NIL.

LESS:(i) Interest paid to LIC Housing Finance Rs. 202739(as per certificate enclosed)

Restricted to.. Rs 150000

(ii) Interest paid to LIC Housing Finance Ltdfor the earlier period in terms of Explanationto 2nd proviso to Sec.24 Rs. 84532(as per Certificate enclosed)

1/5 th THEREON Rs 16906C/F

B/FD. INCOME FROM PROFITS AND GAINS OF BUSINESS OR PROFESSION

AS PER INCOME & EXPENDITURE STATEMENT ENCLOSED Rs.

F. INCOME FROM OTHER SOURCES

DIVIDEND ON SHARES HELD IN TATA Rs 221CONSULTANCY SERVICES

SECOND REVISED RETURN


8/23

LESS:-EXEMPT U/S 10 Rs 221

Interest on GOI @6.5% Tax free Bonds Rs. 13433

LESS:-EXEMPT U/S 10 Rs. 13433

INTEREST FROM BANKS

ANDHRA BANK ON FD A/C Rs. 23638PUNJAB NATIONAL BANK ON SB A/C Rs. 498ANDHRA BANK ON SB A/C Rs. 1595CANARA BANK ON SB A/C Rs. 7598

GROSS INCOME Rs

LESS:- Deductions under chapter VIA

B. in respect of certain paymentsu/s 80CCCLIP (As per receipt enclosed) Rs. 10000

u/s 80DMediclaim premium (As per receipt enclosed) Rs. 3809

u/s 80GDonation to young women Christian AssnRs.1000/- 50% Thereon Rs. 500

C.In respect of certain Incomesu/s 80L

Interest from banks Rs. 33329Restricted to.. Rs. 12000

INCOME SUBJECT TO TAX

NET TAX LIABILITY BEFORE SURCHARGE

ADD: SURCHARGE @ 10% Rs. 58095Education Cess @ 2% Rs. 12780

NET TAX LIABILITY AFTER SURCHARGE Rs.

LESS:Collection and Recovery of tax under chapter XVIIB. Deduction at sourceu/s 194j in recpect of professional FeeAs per form 16A encolsed-4Nos. Rs.

Rs.LESS:-Advance payment of Income Tax


9/23

As per encolsed challan dt 15.03.2005 Rs.Rs.

ADD: F. Interest chargeable in certain casesu/s 234B for default in payment of advance tax Rs. 75832

u/s 234c for deferment of advance tax Rs. 20096

TOTAL LIABILITY Rs.

LESS: SELF ASSESSMENT TAX PAIDON 21.10.2005 UNDER CHAPTER XIV u/s 140A Rs. 37778

SELF ASSESSMENT TAX PAIDON UNDER CHAPTER XIV u/s 140AIN TERMS OF THIS REVISED RETURN Rs. 572101

SELF ASSESSMENT TAX PAID Rs.

ON UNDER CHAPTER XIV u/s 140AIN TERMS OF THIS REVISED RETURN


10/23

-166906

-166906

2183053


11/23

NIL

NILL

33329

2049476

26309

2023167

580953

70875

651828

56596

595232


12/23

40000555232

95928

651160

609879

41281


13/23


ADDRESS : A/2, B.S.R. ELYSIUM865, POONAMALLEE HIGH ROAD,KILPACUK, CHENNAI-600 010.

STATUS : INDIVIDUAL






The ro ert was self occu ied andthe income has been taken as NIL.

LESS: (i) Interest aid to ICICI Housin Finance Rs. 224577(as per certificate enclosed)


(ii) Interest paid to LIC Housing Finance Ltdfor the earlier period in terms of Explanationto 2nd proviso to Sec.24 Rs. 84532(as er Certificate enclosed)

1/5 th THEREON Rs 16906

Rs. -166906D. INCOME FROM PROFITS AND GAINS OF BUSINESS OR PROFESSION

AS PER INCOME & EXPENDITURE STATEMENT ENCLOSED 4768204F. INCOME FROM OTHER SOURCESDIVIDEND ON SHARES Rs 6028

LESS:-EXEMPT U/S 10 Rs 6028 NIL

Interest on Tax free Bonds Rs. 27420

LESS:-EXEMPT U/S 10 Rs. 27420 NIL

INTEREST FROM BANKSIOB ON SB A/C Rs. 6075PUNJAB NATIONAL BANK ON SB A/C Rs. 75ICIC BANK ON SB A/C Rs. 19055CANARA BANK ON SB A/C Rs. 235 25440

GROSS INCOME Rs 4626738

-2- B/F.. Rs. 4626738LESS:- Deductions under chapter VIA

B. in res ect of certain a mentsu/s 80CCCLIP (As per receipt enclosed) Rs. 110682

Restricted to.. Rs. 100000u/s 80DMediclaim premium (As per receipt enclosed) Rs 7498

COMPUTATION OF TOTAL INCOME UNDER CHAPTER IV OF THE INCOME TAX ACT 1961


14/23



STATUS : INDIVIDUAL









LESS: (i) Interest paid to LIC Housing Finance Rs. 202739(as per certificate enclosed)


(ii) Interest paid to LIC Housing Finance Ltdfor the earlier period in terms of Explanationto 2nd proviso to Sec.24 Rs. 84532

(as per Certificate enclosed)

1/5 th THEREON Rs 16906

C/F.. Rs. -166906

-2-B/F. Rs. -166906

D. INCOME FROM PROFITS AND GAINS OF BUSINESS OR PROFESSION

AS PER INCOME & EXPENDITURE STATEMENT ENCLOSED 2060408ADD:-Doctor Fee/cash/Apollo First Med 54530Doctor Fee/cash/Apollo Main 68115 2183053


DIVIDEND ON SHARES HELD IN TATA Rs 221CONSULTANCY SERVICES

LESS:-EXEMPT U/S 10 Rs 221 NIL

Interest on GOI @6.5% Tax free Bonds Rs. 13433



15/23

LESS:-EXEMPT U/S 10 Rs. 13433 NILL

INTEREST FROM BANKS

ANDHRA BANK ON FD A/C Rs. 23638PUNJAB NATIONAL BANK ON SB A/C Rs. 498

ANDHRA BANK ON SB A/C Rs. 1595CANARA BANK ON SB A/C Rs. 7598 33329

GROSS INCOME Rs 2049476

LESS:- Deductions under chapter VIAB. in respect of certain paymentsu/s 80CCCLIP (As per receipt enclosed) Rs. 10000

u/s 80DMediclaim premium (As per receipt enclosed) Rs. 3809

u/s 80G

Donation to young women Christian AssnRs.1000/- 50% Thereon Rs. 500

C.In respect of certain Incomesu/s 80L

Interest from banks Rs. 33329Restricted to.. Rs. 12000 26309

INCOME SUBJECT TO TAX 2023167

B/F.. Rs. 2023167

NET TAX LIABILITY BEFORE SURCHARGE 580953

ADD: SURCHARGE @ 10% Rs. 58095Education Cess @ 2% Rs. 12780 70875

NET TAX LIABILITY AFTER SURCHARGE Rs. 651828

LESS:Collection and Recovery of tax under chapter XVIIB. Deduction at sourceu/s 194j in recpect of professional FeeAs per form 16A encolsed-4Nos. Rs. 56596

Rs. 595232LESS:-Advance payment of Income Tax

As per encolsed challan dt 15.03.2005 Rs. 40000Rs. 555232

ADD: F. Interest chargeable in certain casesu/s 234B for default in payment of advance tax Rs. 75832

u/s 234c for deferment of advance tax Rs. 20096 95928

TOTAL LIABILITY Rs. 651160

-3-


16/23

LESS: SELF ASSESSMENT TAX PAIDON 21.10.2005 UNDER CHAPTER XIV u/s 140A Rs. 37778

SELF ASSESSMENT TAX PAIDON 12.07.06 UNDER CHAPTER XIV u/s 140AIN TERMS OF THIS REVISED RETURN Rs. 572101 609879

SELF ASSESSMENT TAX PAID Rs. 41281ON 05.12.07 UNDER CHAPTER XIV u/s 140AIN TERMS OF THIS REVISED RETURN

Note:Filing of this revised return has become necessary since there was inadvertant omissionin the matter of admission of cash representing Doctor fee received from Apollo Main Hospitaland Apollo First Med Hospital of Rs.68115 and 54530 respectively.


17/23



STATUS : INDIVIDUAL









LESS:(i) Interest aid to LIC Housin Finance Rs.200264(as per certificate enclosed


(ii) Interest paid to LIC Housing Finance Ltdfor the earlier period in terms of Explanationto 2nd proviso to Sec.24 Rs.84532(as er Certificate enclosed)

1/5 th THEREON Rs 16906-166906

D. INCOME FROM PROFITS AND GAINS OF BUSINESS OR PROFESSION

AS PER INCOME & EXPENDITURE STATEMENT ENCLOSED Rs. 533713

ADD:- DOCTOR FEE FROM APOLLO HOSPITAL Rs. 714704 1248417(567241+57878+89585)


INTEREST FROM ANDHRA BANK Rs 6027

GROSS INCOME C/F 1087538

-2-LESS:- Deductions under chapter VIA B/F.. Rs. 1087538

B. in respect of certain paymentsu/s 80CCCLIP (As per receipt enclosed) 10000

u/s 80DMediclaim premium (As per receipt enclosed) 770

C.in respect of certain incomesu/s 80 L

INTEREST FROM BANK 6027 16797



18/23

OF EACH OF BLOCK OF W.D.V OFASSET ASSET ADDITION DELETION BLOCK OFS.NO PARTICULARS RATE AS ON AS ON ASSET DEPRECIATION

01.04.2007 01.04.2007 BEFOREDEPRECIATION

RS. Ps. RS. Ps. RS. Ps. RS. Ps.

1 MOTOR CAR 15%MOTOR CAR/FIAT 17,045.92 17,045.92 17,045.92 2

MOTOR CAR/SANTRO 219,432.77 219,432.77 219,432.77 32

2 PLANT & MACHINERY 15%

AIRCONDITIONER-I 6,047.46 6,047.46 6,047.46AIRCONDITIONER-II 9,144.14 9,144.14 9,144.14 1

FLAT 3,181,405.00 3,181,405.00 3,181,405.00BUILDINGS/FLAT B1 808 3,500,000.00 3,500,000.00 3,500,000.00

BUILDINGS/PERIAMET 159,619.00 159,619.00 159,619.00

CAMERA 14,523.05 14,523.05 14,523.05 2FURNITURE AND FITTINGS 20,002.50 20,002.50 20,002.50 3LAND/MADURAI 850,000.00

3 COMPUTER 60%

COMPUTER 212.99 212.99 212.99COMPUTER LAP TOP 12,880.00 12,880.00 12,880.00 7

TOTAL 7,140,312.83 7,140,312.83 850,000.00 7,140,312.83 50

DR.RAJASUNDARAMDEPRECIATION CLAIM STATEMENT FOR THE YEAR 2007-2008

W.D.V


19/23

OF EACH OF BLOCK OF W.D.V OFASSET ASSET ADDITION DELETION BLOCK OF

S.NO PARTICULARS RATE AS ON AS ON ASSET DEPRECIATION

01.04.2009 01.04.2009 BEFOREDEPRECIATIONRS. Ps. RS. Ps. RS. Ps. RS. Ps. RS

1 MOTOR CAR 15%

MOTOR CAR/Santro 158540.18 158,540.18 158,540.18 23,781.


AIRCONDITIONER-I 4369.25 4,369.25 4,369.25 655AIRCONDITIONER-II 6606.64 6,606.64 6,606.64 991

CAMERA 10492.90 10,492.90 10,492.90 1,573.

3 COMPUTER 60%

PRINTER 2400.00 2,400.00 2,400.00 1,440.COMPUTER 34.08 34.08 34.08 20COMPUTER LAP TOP 2060.80 2,060.80 2,060.80 1,236.

4 FURNITURE & FITTINGSFURNITURE 10% 15301.92 15,301.92 15,301.92 1,530.

TOTAL 199,805.76 199,805.76 - 199,805.76 31,228.4


W.D.V


20/23

OF EACH OF BLOCK OF W.D.V OFASSET ASSET ADDITION ELETI BLOCK OF

S.NO PARTICULARS RATE AS ON AS ON ASSET DEPRECIATION01.04.2008 01.04.2008 BEFORE

DEPRECIATIONRS. Ps. RS. Ps. RS. Ps. RS. Ps.

1 MOTOR CAR 15%MOTOR CAR/FIAT 14489.03 14,489.03 14,489.03 2

MOTOR CAR/FIAT 186517.85 186,517.85 186,517.85 27


AIRCONDITIONER-I 5140.30 5,140.30 5,140.30AIRCONDITIONER-II 7772.52 7,772.52 7,772.52 1

CAMERA 12344.59 12,344.59 12,344.59 1

3 COMPUTER 60%

PRINTER 6,000.00 6,000.00 3COMPUTER 85.20 85.20 85.20COMPUTER LAP TOP 5152.01 5,152.01 5,152.01 3

4 FURNITURE & FITTINGSFURNITURE 10% 17002.12 17,002.12 17,002.12 1

TOTAL 248,503.62 254,503.62 - 254,503.62 42,


W.D.V


21/23


S.NO PARTICULARS RATE AS ON AS ON ASSET01.04.2007 01.04.2007 BEFORE

DEPRECIATIRS. Ps. RS. Ps. RS. Ps.

1 MOTOR CAR 15%MOTOR CAR/FIAT 17,045.92 17,045.92 17,04

MOTOR CAR/SANTRO 219,432.77 219,432.77 219,43


AIRCONDITIONER-I 6,047.46 6,047.46 6,04AIRCONDITIONER-II 9,144.14 9,144.14 9,14BUILDINGS/FLAT/RESIDENDIAL 3,181,405.00 3,181,405.00 3,181,40

BUILDINGS/FLAT B1 808/KILPACK 3,500,000.00 3,500,00

BUILDINGS/PERIAMET 159,619.00 159,619.00 159,61

CAMERA 14,523.05 14,523.05 14,52

LAND/ULAGANERI/MADURAI 926,593.00 926,59

PLOT/NINAKARAI/CHENGALPET 197,500.00 197,50

PLOT/PORURKUNDRATHTUR 242,150.00 242,15

PLOT/SINGAPERUMAL KOIL KOLTHUR 747,137.00 747,13

3 COMPUTER 60%

COMPUTER 212.99 212.99 2COMPUTER LAP TOP 12,880.00 12,880.00 12,88

4 FURNITURE & FITTINGSFURNITURE 15% 20,002.50 20,002.50 20,00

TOTAL 3,640,312.83 3,640,312.83 5,613,380.00 9,253,692


W.D.V


22/23


S.NO PARTICULARS RATE AS ON AS ON ASSET EPRECIAT

01.04.2006 01.04.2006 BEFOREDEPRECIATION

RS. Ps. RS. Ps. RS. Ps. RS.

1 MOTOR CAR 15%MOTOR CAR/FIAT 20,054.02 20,054.02 20,054.02

MOTOR CAR/SANTRO 258,156.20 258,156.20 258,156.20


AIRCONDITIONER-I 7,114.71 7,114.71 7,114.71AIRCONDITIONER-II 10,757.81 10,757.81 10,757.81FLAT 3,181,405.00 3,181,405.00 3,181,405.00

BUILDINGS/FLAT B1 808 3,500,000.00 3,500,000.00

BUILDINGS/PERIAMET 159,619.00 159,619.00 159,619.00CAMERA 17,085.94 17,085.94 17,085.94

3 COMPUTER 60%

COMPUTER 532.48 532.48 532.48COMPUTER LAP TOP 32,200.00 32,200.00 32,200.00

TOTAL 3,686,925.16 3,686,925.16 3,500,000.00 7,186,925.16

W.D.V

DEPRECIATION CLAIM STATEMENT FOR THE YEAR 2006-2007DR.RAJASUNDARAM


23/23

RS.Interest Housing Loan restricted to -150000.00

Dividend 163163

Interest 2323

Bank Interest 883.00

As per INCOME & EXPENDITURE ACCOUNT 851928.44

GROSS INCOME 702811.44

LESS:- RS.LIP 100000.00MEDICLAIM 4716.00EDUCATIONAL FEE 9150.00CHILDREN TUITION FEE 1170.00 115036.00

INCOME SUBJECT TO TAX 587775.44

GROSS TAX LIABILITY 128866.00

LESS:-ADVANCE TAX PAID15.09.06 35000.0015.12.06 35000.0013.03.07 60000.00 130000.00

REFUND RS. -1134.00

DR.MURUGUSUNDARAM/COMPUTATION OF IT/AY :2007-08

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