banner_ad

Itr 3

ITR Filing 533 views 2 replies

I hav one ITR - 3 Return whose Net Taxable Income is above 25 Lakhs.

I have already entered the balance Sheet.

Should i again enter Assets details in that new 'AL Schedule' which is applicable to ITR - 3?

Replies (2)

As per the instructions, AL Schedule is to be filled giving details of any property held by the assessee and the corresponding liabilities, other than those included in the balance sheet filled in Part A – BS of the return. So, if you have already entered all the assets in BS, you should not enter it again.

This should be for F.Y.2012-13 (A.Y.2013-14) : -

Since it is clearly mentioned in the guidelines for filling Form ITR3, Schedule AL  - Statement of Asset and Liability is mandatorily required incase the Income exceeds Rs.25 lacs.

In your case, it is mandatory to fill out Schedule AL.


 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details