Set – 1
[Link]. (H) - Sem. V Invigilator’s Signature
PRACTICAL EXAM NOV. 2024
Income Tax– Online filing of ITR
Max. Marks: 20 Duration: 1 hour
This table is to be filled by the STUDENT only:
College Roll No.
University Roll No.
Name of the Student
Batch Timings
Computer Lab No.
Machine No.
This table is to be filled by EXAMINER’S only:
Marks Awarded (in figures)
(Initials of the Examiner)
Instructions for the STUDENT:
1. Create a new folder on the desktop and name it with your complete University Roll No.
2. Copy in this folder ITR-2 given in ……………… (Do not cut ITR-2 from there; only copy it and
save it in your folder which you have just created with your University Roll no.).
3. Save your final ITR-2 (excel as well as xml) in this folder.
4. Information which is not given in the question but required has to be assumed by you.
5. Do not take this evaluation sheet cum question paper with you. Leave it on the table after
completing the paper.
Question:
From the information given below, prepare ITR-2 for the assessment year 2024-25:
Name of the Assessee Noor Jahan
Status Individual
PAN AANPJ2578G
Date of Birth 15.06.1967
Residential status Resident
Scheme of Tax Payable Old Tax Regime
Details of Bank Accounts held by him
Bank Name State Bank of India
IFSC SBIN0009872
Account number 61237765412
Details of Tax Paid by him
Advance tax paid by him BSR Code of Bank: 0000215
Date of deposit: 30.05.2023
Challan No. 00452
Rs. 5,00,000
Tax Deducted at source [As per Form 16]
TAN of Employer DELK19678X
Amount of tax Rs. 3,50,000
Employment details
Name of the Employer Khan Associates
Address of employer 10, Karol Bagh, New Delhi-110005
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Salary Income [As per Form 16]
Basic Salary Rs. 11,00,000
Allowance received for commuting the distance Rs. 60,000
from office to residence and back (The assessee
is not a differently abled person).
Loan of Rs. 10,00,000 is given by the employer at 2% p.a. The SBI rate of this loan on 1 April 2023
is 12%.
Income from house property
Address of property 10, Sant Nagar, North Delhi, Delhi 110045
Type of Property Let Out
Rental income Rs. 1,00,000
Name of Tenant Dilawar Khan
Municipal taxes paid by assessee during the Rs. 22,000
previous year
Municipal taxes (outstanding) Rs. 17,600
Municipal tax paid by tenant Rs. 14,300
Interest on borrowed capital for purchase of Rs. 2,80,000
house
Income from Capital Gains
Sale of residential house on 02.10.2023 Rs. 29,00,000
Stamp duty value Rs. 35,00,000
Cost of acquisition of residential house in 2001- Rs. 4,26,000
02 [CII for 2001-02 is 100 and 2023-23 is 348]
Details of Buyer:
Name: Raj Kumar; PAN: AKMPK4536R; Rs. 29,00,000; Percentage share: 100%
Investment in 1 residential house on 31.03.2024 Rs. 4,00,000
Income from other sources
Post office saving account interest Rs. 28,500
Winnings from horse races (without TDS) on 3 Rs. 40,000
April 2023
Bank interest (FD) (without TDS) Rs. 40,000
Gift received from a friend Rs. 60,000
Investments
Contribution in PPF Rs. 40,000
Assessee’s contribution towards National relief Rs. 1,70,000
bonds
Medical insurance premium of own life (cheque) Rs. 10,000
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