Shivani (Learner) (1881 Points)
15 March 2023Dear Friends
I have been told recently to submit my ITR with computation.
My question is what is this Computation.
Doesn't ITR shows clearly how the gross total income and total income has been derived?
What is this computation that they are asking for.
Regards
Shivani
shailendra shukla
(Bhopal)
(1741 Points)
Replied 15 March 2023
By Computation they mean the Details of the sources of Income because in ITR Only GTI and NTI is available hence mention the details of Income under every head along with the Deductions(Investments)
Shivani
(Learner)
(1881 Points)
Replied 15 March 2023
hi shailendra
i dont think your argument is right
for example in ITR, there are clearly separate fields where we are supposed to give details salary as per section 17(1), 17(2), 17(3), basically everything that makes up the gross salary.
and then in the end GTI combines total of all sources of income.
my question remains open.
Lotus Agrawal
(Practice)
(1361 Points)
Replied 16 March 2023
CAclubindia
