Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

ITR 6

Save Share

This query is : Resolved

soniya (Querist)
Follow

27 September 2019 Company has some under construction flats held as investments. While filing asset and liability schedule AL-1 in ITR 6 we have to select the purpose for which asset is held. But there is no option of choosing purpose as Investment. So whether we have to disclose the investment in AL-1 and if yes which purpose needed to be selected?

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
Follow

04 June 2020 https://taxguru.in/income-tax/cbdt-issues-faqs-filing-itr-5itr-6-itr-7.html
https://www2.deloitte.com/content/dam/Deloitte/in/Documents/tax/in-tax-authorities-publish-faqs-completion-income-tax-return-forms-noexp.pdf
https://cleartax.in/s/schedule-al-itr-applicability
https://www.incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/Instructions_ITR_6_AY_2019-20.pdf
https://www.caclubindia.com/forum/itr-6-schedule-al-1--527908.asp

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now