Schedule AL limit for FY 2024-25

The Schedule AL limit has been increased from ₹50 lakh to ₹1 crore starting from FY 2024-25 (which corresponds to AY 2025-26). This means that returns filed in AY 2025-26, only those with a total income exceeding ₹1 crore must fill Schedule AL. This new disclosure threshold applies to both old and new tax regimes.

Thank you very much Rambhia ji

You are welcome.             

Thanks for this info and clarification on AL schedure, Sir. 

My pleasure.