Is the "Due Chanda" in the Schedule C declaration the same as the Budget submitted?

The Due Chanda shown in the Schedule C declaration is not the Budget. Rather, it is the amount of Chanda that should have been paid based on your actual net income for the fiscal year.

The Budget is an estimate based on projected income, whereas the Schedule C declaration is based on the actual income earned.

* If your actual income is the same as your projected (budgeted) income, the Due Chanda in Schedule C will match the amount calculated from the Budget.

* If your actual income was higher or lower than your projected income, the Due Chanda should be calculated based on the actual income earned during the fiscal year and may differ from the Budget.