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Schedule AL

As per the Indian Income tax law, citizens are obligated to report their entire Assets and Liabilities if the total income exceeds ₹50 lakh. Paisa helps with the computation of the amount.

code Section Details
immovable A (1) Immovable Assets
metal B (1) (i) Jewellery, bullion etc.
art B (1) (ii) Archaeological collections, drawings, painting, sculpture or any work of art
vehicle B (1) (iii) Vehicles, yachts, boats and aircrafts
bank B (1) (iv) (a) Financial assets: Bank (including all deposits)
share B (1) (iv) (b) Financial assets: Shares and securities
insurance B (1) (iv) (c) Financial assets: Insurance policies
loan B (1) (iv) (d) Financial assets: Loans and advances given
cash B (1) (iv) (e) Financial assets: Cash in hand
liability C (1) Liabilities

All you need to do is to specify the accounts that belong to each section. Paisa will compute the total as on the last day of the previous financial year.

    - code: bank
          - Assets:Checking
    - code: share
          - Assets:Equity:*
          - Assets:Debt:*