Query - Schedule AL - Home Loan

ITR 249 views 1 replies

Hello, I hvae few questions regarding ITR-2 - Schedule AL. Request your response.

  1. I have home loan of ~INR 26 lacs and do i need to enter it in "C. Liabilities in relation to Assets at (A + B)" in Schedule AL of ITR2?
  2. I have both Life & Medical Insurance, do I need to mentioned sum of both the insurance premium or only Medical or only Life?
  3. In my SBI MaxGain home loan account I have parked some money so shall it be part of "a. Bank (including all deposits)"?

Thank you in advance!!!

Replies (1)
  1. Yes.
  2.  No need to add any.
  3.  Yes.


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