IT Return Form Saral 2
(As replaced vide Notification No. 202/2001 dtd. 02.07.2001)

S.O.-(E). - In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to attend the Income-tax Rules, 1962, namely:-

  1.      (1)    These rules may be called the Income-tax (11th Amendment) Rules, 2001
         (2)    They shall come into force on the date of their publication in the Official Gazette.

  2. In the Income-tax Rules, 1962, in Appendix II, for FORM NO.2. the following shall be substituted, namely :-

FORM NO.2

RETURN OF INCOME

[see rule 12(1)(b)(I) of Income"tax Rules, 1962]

(FOR NON-CORPORATE ASSESSEES NOT CLAIMING EXEMPTION U/S 11 AND HAVING INCOME FROM BUSINESS OR PROFESSION)
* PLEASE FOLLOW INSTRUCTIONS AND FILL IN RELEVANT SCHEDULES.

*

 PAN MUST BE QUOTED.    * USE BLOCK LETTERS ONLY.

ACKNOWLEDGEMENT
For office use only

Receipt No.

Date
    
  
 
 
 
   
Seal and signature of Receiving Official
9. Assessment year 10. Residential Status
       
   
   
11.U/s139/142/148  12. If there is change in 
       jurisdiction, state I old 
       Ward/Circle/Special Range

13. Whether original  or Revised Return ?
      If revised, Receipt No. and
    date of filing original Return 
     
14. Is this your first Return?  No.

 
1. PERMANENT ACCOUNT NUMBER.  
                     

(If not applied for or not allotted; enclose Form 49A)
2. NAME (Last name/Sumame, First name, Middle name in that order)**
                                     
                                     
                                     
3. ADDRESS FOR COMMUNICATION

         (A RESIDENCE **. or B. OFFICE )

(Flat No/door/House No., Premises, Road, Locality/village, Town/District 9. Assessment Year 10 Residential Status
State/Union Territory in that order)

                                     
                                     
                                     
PIN
           

TELEPHONE
             
Fax. if any
           
  4. Sex * (M/F)
5. Date of Birth/formation - -
6. Status
7. Is there any change in Address? Yes or No.
    If yes. whether A. Residence** or B. Office
8. Ward/Circle/Special Range
                   
 
COMPUTATION OF TOTAL INCOME (IN RS.) STATEMENT OF TAXES                          (in Rs.)

Sch.

Sch.
15. Salaries                                    (G-1A) 701        25. Tax on total income         (H-2) 810              
16. Income from house property(G-1B) 702        26. Rebate u/s88/88B/88C     (H-3) 820              
17. profIts and gains of busness or 
      professlon                               (G-1C)		 703        27. Surcharge                          (H-6) 828              
18. Capital gains  28. Tax payable                       (H-7) 832              
     a. Short term.                      (G-1D(I)) 704        29. Relief u/s 89/90/91           (H-8) 837              
     b. Long term                      (G-1D(ii)) 705        30. Balance tax payable         (H-9)  841              
19 Income from other sources    (G-1E) 706       
31. Tax deducted/
       collected at		 (H-13B)
873              
20 Gross total Income                    (G-3) 746        32. Advance tax paid.        (H13A) 862              
21 Deduction Ch-VIA                    (G-4) 747        33. Interest payable u/s       (H-10)
      234A/234B/234C 		846              
22. Total income                              (G-6) 760        34. Self assessment tax     (H-13C) 875              
In words 35. Tax and lnterest             (H-15) 
       payable		 893              
23. Net agricultural income free rate 
      perpose/any other income.     (G-7)		 767        36. Refund due, if any 895              
24. Income claimed exempt           (1-14) 124       
37. DETAILS OF BANK ACCOUNTS(S)/CREDIT CARD AND OTHER PARTICULARS AS PER SCHEDULE-I
38. NO. OF DOCUMENTS/STATEMENTS ATTACHED
  Description In Figures In words
a. Statement of taxable income/tax    
b. Audit report    
c. Statements of A/c    
  Description In Figures In words
d. TDS Certificates    
e. Challans    
f. Others    

VERIFICATION***

I ,___________________________________________ (fuII name in block letters). son/daughter of ___________________________ solemnly declare that to the best of my knowledge and belief, the information given in this return and the schedules and statements accompanying it is correct and complete, and that the amount of total income and other particulars shown therein are truely stated and are in accordance with the provisions of the Income-tax Act, 1961, in respect of income chargeable to income tax for the previous year relevant to the assessment year _________
I further declare that I am making this return in my capacity as ______________________________and I am also competent to make this return and verify it. ;

Date  ________________
Place ________________                                    Name:                                                                                    Signature:

SCHEDULE - A SALARIES

In case of more than one employment, please state the aggregate of salary etc.
against the relevant Items.

Whether in the employment of Government?           Yes No

Name of the Employer
                                     
Address of thye employer
                                     
                                     
                                     
Amount Code Amount
1. Salary (including all allowances) ............................................. 201
2. Less. Allowances exempt u/s 10
   (a) House Rent Allowance as per 
         Rules
   (b) Convenance as per Rules
  (c) ___________________
  (d) ___________________
3. Total of 2 above  ......................................................................................................... 202
                 
4. Balance (1-3) ................................................................................................................ 203
                 
5. Add value of perquisite(s), and/or profits in lieu of salary (see S. 17)
     (a) Rent Free Accomodation as per Rules
     (b) Convenance as per Rules 
                 
     (c) _____________________
                 
     (d) _____________________
                 
6. Total of  5 above ......................................................................................................... 204
   
7. Total (4+6) .................................................................................................................... 205
8. Less Deductions claimed u/s 16
(a) Standard deduction [S16(i)]  
                 
(b) _______________________
                 
(c) _______________________
                 
9. Total of  8 above .......................................................................................................... 207
                 
 
INCOME CHARGEABLE UNDER THE HEAD "SALARIES.     (7-9) 220
                 


SCHEDULE. B INCOME FROM HOUSE PROPERTY.

In case of more than one house property, compute the income from each property on a separate
sheet ( to be attached to the return) and mention the aggregate figure against item No.16.

Number of sheets 301  (in case of more than one property) Sheet No. 302 

Address of the property
(Flat No/Door/House No., Premises, Road, Locality/Village, Town/District, State/Union Territory in that order

                                     
                                     
                                     
PIN
           
3. State whether the above mentioned property is
303 Self occupied  or Let out  or Unoccupied  (Please tick as applicable)
4.
Built-up area (in square meter)   304  Area of land appurtenant (in square meter )    305  Annual lettable value      306 
 

 

    
Amount
5. Annual lettable value/Annual rent received or receivable (whichever is higher) ...                  207
                     
6. Less: Deduction claimed u/s 23
(a) Taxes actually paid to local authority
                 
(b) ___________________________
                 
(c) _______________________
                 
7. Total of 6 above ................................................................................................................................  312
                     
8. Balance (5-7)                                                                  313
                     
9. Less. Deduction claimed u/s 24
(a) Repairs and Collection Charges      320
                 
     _______________________
                 
(b) _______________________
                 
(c) _______________________
                 
(d) _______________________
                 
(e) _______________________
                 
10. Tot of 9 above ...........................................................................................................................          325
                     
11 Balance (8-10) ...........................................................................................................................           330
                     
12. Unrealised rent received in the year (u/s 25A)  ...................................................................           331
                     
13. (a) Amount of arrears of rent received   332
      in the year u/s 25B
                     
(b) Less: deduction admissible u/s 25B 333
                     
                  (1/4th arrear rent received)
14. Income chargeable under section 25B [13(a) -13(b)]                                                                           340
                     
15. Balance (11+12+14)                                                                                                                                   341
                     
16. Total of 15 (in case of more than one property, give total of all sheets)                                          350
                     
17. INCOME CHARGEABLE UNDER THE HEAD "INCOME FROM HOUSE PROPERTY"             399
                     
Nature of business or profession: Manufacturing  501
Trading 502  Manufacturing-cum-trading 
Services 504 Profession 505 other  506 
No of branches
     
 Attach list with full address (es)
3. Method of accounting 507 Mercantile Cash
4. Is there any change in method of accounting? Yes No
5. If yes. state the change ______________________________
   __________________________________________
6. Method of valuation of stock _________________________
   __________________________________________
7. is there any change in stock valuation method?   Yes No
8. If yes, state the Change : ______________________________
9. Are you liable to maintain accounts as per S. 44A?

Yes No

10. Are you liable to tax audit u/s44AB(a)/(b) Yes No
11. Are you liable to tax audit u/s 44AB(c) read with 
     S. 44AD/44E/44AF?		 Yes No
12. If answer to item 10 or 11 is 'yes', have you got 
      the accounts audited before the specified date?		 Yes No
13. If yes, whether audit report is furnished?
      If yes. give receipt No. ________________________
     and date of filing the same
    
    (also attach a copy ) 
   
   
       

SCHEDULE C. PROFITS AND GAINS OF BUSINESS OR PROFESSION
(I) GENERAL


(ii) COMPUTATION OF INCOME FROM BUSINESS OR PROFESSION OTHER THAN SPECULATION BUSINESS

(IN CASE YOU HAVE MORE THAN ONE BUSINESS OR PROFESSION AND MAINTAIN SEPARATE BOOKS OF AC- COUNT, ATTACH SEPARATE SHEET~S) GIVING COMPUTATION FOR EACH SUCH BUSINESS OR PROFESSION AND SHOW THE AGGREGATE FIGURES AGAINST V ARIOUS ITEMS)

14. Net profit or less as per consolidated profit and loss account                                         510
                     
15. Add: adjustment on account of change in  511
      method of accounting and/or valuation of 
      stock		 512
                     
For assessee having Income covered u/s 44AD/44AE/44AF:-
16. (i) Deduct/Add- profit & loss of business (es) included in 14 under the section indicated below, if 
           answer to any of 9, 11, 12 or 13 above is 'No'
      (a) section 44AD 513

     

      (b) section 44AE 514      
      (c) section 44AF 515      

Total

520              521

16. (ii) In case you were engaged in the business of civil construction or supply of
      labour for civil construction mentioned In S. 44AD;
     (a) Gross Receipts 522      
     (b) Deemed profit @ 8% of gross receipt 523      
     (c) Add: Higher of the amounts 
     mentioned in items 16(i)(a), and 16(ii)(b) 		524              525

16 (iii) In case you owned not more than 10 goods carriages and were engaged in the 
      business of plying hiring or leasing of such carriages as mentioned in-S. 44AE
  No. of  Vehicles/Carriages No. of months during which owned Deemed profit u/s 44AE
(a) heavy goods vehicle      
(b) other goods carriage      
Total  
(c) Add: Higher of the amounts mentioned 
      in items 16(i)(a), and 16(ii)(b) 		530              531

16 (iv) In .case you were engaged in the business of retail trade in any goods or 
     merchandise, the total turnover on account of which did not exceed forty lakh rupees,as
     mentioned in S. 44AF:-
     (a) Total turnover on account of such
           business 		532      
    (b) Deemed profit at rate of 5% of
           turnover 		533      
     (c) Add: Higher of the amounts             
          mentioned in 16(i)(c) and 16(iv)(b) 		540              541

17. Deduct: Amount of exempt income included in 14, being:
(i) Share of income from firm(s) exempt u/s 
    10(2A) 		542      
(ii) Share of income from AOP/BOI 543      
(iii) Any other income exempt from tax 
      (specify the section)  		544      

Total 

550              551

Is Section 8/10C applicable in your case? 

Yes No

Have you opted out by filing declaration prescribed u/s 10A(8)/10B(8)/10C(6)? Yes No
Furnish the following information
Deduction Year No.

Amount claimed deductible/not includible in total income

       
       
       
   
   
   

 Total    552     

Deduct: Amount claimed deductible/note 553
                     

includible in total income, as arrived at

19. Add: Income(s) specified in S. 28(ii) to 28(vi)
      not included in 14		 560

561
                     
20. Add: Deemed income(s) u/s 33AB, 33ABA, 35ABA, 41, 72A, 80HHD, 80IA etc., not 
      included in 14 above
                Section____________ Amount_______________
                Section____________ Amount_______________
                Section____________ Amount_______________
                Section____________ Amount_______________

Total   564

 

 565
                     
21. Deduct: Allowance u/s 35A, 35AB, 35AB, 35ABB, 35D, 35E etc.

Section

Year No.

Instalment

Amount debited in A/cs

Amount allowable

         

Total 

568

569
                     
22 Add: Adjustment on account of profit 570