Schedule al

Schedule AL is reproduce of your BS in nutshell.............

So, all the investments which you held as on the date is to be filled.......

i.e., aggregate of Indian and foreign stocks, in single figure .....

Thanks Sir. What about PF, PPF, NPS, any long term bond in infra (like L&T 7 years)? Which if these are to be added and in which section? Not all are movable like nps is locked. If still considered movable, which head they will fall? Bank account?

Also, in insurance section, do we have to provide premium value paid during the year or insurance cover value?

1.  Though there is no specific row for such long term debt investments ....... so, best suitable is, it be to be included under Shares & securities......... and not under bank accounts.

2. For term insurance it will be nil, otherwise accumulated premiums paid from the beginning. Or  balance value of the policy as per own accounts. 

I am little confused about where to show PF balances in "AL" schedule of ITR2 for the AY 2019-20. Should it be shown under "Shares and Debentures" or under "Insurance". The reason for showing under Insurance Group are as below:

While PF/ EPF can be treated as debt to the Government, unlike other normal debt instruments, the returns are not fixed. In PF/ EPF, you get interest in particular year based on rate announced by GoI/ EPFO. In this sense, the returns are more like Bonuse announced in term insurance LIC. 

Further, purpose of PF contributions are mainly social securities, just like insurance instruments.

As I have to file this year's return within few days, please guide at the earliest.

Cannot be equivalent to Insurance as the amount paid to PF account is contribution, and not premium. Even no Assured Value like policy.

Should we even be showing PF? 

Yes, it can be declared under investment.