Itr 6 related query

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 October 2015 in my computation of income i have (added) disallowed preliminary expenses of rs.25000 under sec.35d in net profit amount and after that i deducted 1/5 i.e.5000 of it as allowable expense. i want to know that in itr 6 java utility in which schedule and in which column i should show them in order to get there net effect.

Amol S Joglekar

Amol S Joglekar (Expert)

03 October 2015 Preliminery expenses written off shall be included in "other expenses" item 38 of profitloss sheet of ITR6
(If the space is not suficient at item 38, include all other in 38 d)

Non written off preliminery expenses will find its place in sheet BALANCE SHEET of ITR 6, under non current asset

Querist : Anonymous

Querist : Anonymous (Querist)

03 October 2015 i have done that...but whether the same is to be reflected in computatipn as dissalowable expense u/s 35 d in order to calculate tax...

and if it is there then under which head it would be shown

Amol S Joglekar

Amol S Joglekar (Expert)

03 October 2015 ITR 6 does NOT call for any such item. So no need to hunt for the same.

Whatever you have done is more than sufficient. That's all

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