Schedule al
RUPESH DESHMUKH (ACCOUNTANT) (83 Points)
23 July 2016
My friend his taxable income Rs.341720, can I show or not show Assets & Liability Under Schedule AL
1 Replies
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 23 July 2016
No, not applicable in your case
Asset and Liability under schedule AL is applicable in a case where total income exceeds Rs. 50 lakh
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