Schedule AL - immovable asset query

if a person as such doesn't on any jewellery but has acquired as gift can we pout the amount as zero?

for insurance policies is the amount thats to written the amount of insurance taken or the premium paid in past 1 year or total premium paid from

can we include house insurance premium /amount of insurance taken in 2019 around for 10-12 years by paying lumpsum in the insurance policies ?

if i don't remember the cost of car taken years back can we give a tentative amount? 

in liabilities section do we put just the outstanding loan amount for the asset?

 

Replies (2)
Quick Summary
This discussion addresses several queries regarding Schedule AL for tax filings. It explores how to declare gifted jewellery, the correct valuation for insurance policies (including house and car insurance), and how to handle assets with unknown historical costs. The user also seeks clarification on reporting outstanding loan amounts in the liabilities section.

I hope it could be helpful for you.

https://cleartax.in/s/schedule-al-itr-applicability

it doesn't tell anything abt the insurance policies thing 

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