Assets & liability
SANKET HOLAM (33 Points)
06 September 2021Schedule Al is applicable for exampt income.
the income recd share of profit from partnership firm
SANKET HOLAM (33 Points)
06 September 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178001 Points)
Replied 06 September 2021
The 'schedule AL' is required to be filed by taxpayers filing ITR-2 which includes taxpayers having income above Rs 50 lakhs.
While Exempt income is to be filled in Schedule 'EI'