Computation for income

For the F.Y.21-22 my professional income Rs.400500.00 & share trading income (short Term) come Rs. 105000.00 ( after  Purchase price - sale price)  &  share income for (long Term ) come Rs.30000.00, Bank interest (saving) come Rs. 1550.00, FD interest come Rs. 20300.00

 F.y.21-22 I have paid LIC 55000.00, FD ( for 5 year) paid Rs. 50000.00

Please computation my income  & Which ITR return I shall Filed

Replies (7)
Quick Summary
This discussion helps an individual compute their income for the financial year 21-22. It details how to calculate professional income, short-term and long-term capital gains from share trading, and interest from savings accounts and fixed deposits. The user is advised on which Income Tax Return (ITR) form to file, specifically ITR-3, and where to seek professional assistance for a computation sheet.

Net Income Taxable at Normal Rates Rs.315800
Net Income Taxable at Special Rates Rs.105000

File ITR3
ITR-3 can be used
ITR-3 to be used

Thanks for all...................................

Please Send me details of computation sheet

Use ITR 3. 

For the computation sheet, you can take the help of professionals on a chargeable basis. 

You can use income tax calculator provided by income tax department
Input all details on the IT portal and you will get the exact picture

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