Should the amount declared in asset( details of movable assets, jewellery, shares and securities,etc.) necessarily match with the amount in the head ' Liabilities in relation to Assets' even if the loan has been taken only for some of the assets out of all declared?
The rest of the assets have been acquired through our income and not by taking any loan against the asset.
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Schedule AL incase of Total Income more than 50 lacs
Replies (2)
you can still file the return without filing this schedule
Can I file the return even if income is more than 50lacs ( without filing this schedule)
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