Schedule AL valuation in Bangalore
Cross fifty lakh rupees of income and your tax return grows Schedule AL, a statement of assets and liabilities. Bangalore salaries cross that line by the thousands every appraisal cycle, and the property rows are where returns go wrong. We certify figures that hold.
Cost, not market price, and why that is tricky here
Schedule AL wants assets at cost. For the flat you bought in 2019 with a bank loan, cost is easy. For the site your father was allotted in 1987, the house the family built over years, or the flat you received under a joint development agreement, cost is a legal construction. Your CA determines the rule; our certificate establishes the property figures the rule consumes.
Who needs this in Bangalore
- Tech employees whose RSUs and bonuses pushed income past fifty lakh for the first time, now listing family property they never had to declare before.
- Heirs holding shares of ancestral sites, where cost travels from a previous generation and often from before 2001.
- Landowners who took flats in joint development, where the cost story spans the land given and the flats received.
- Owners of self built houses, where construction happened in stages and the receipts are long gone.
The figure filed in Schedule AL should match the basis you will claim when you eventually sell. Officers compare the two. We keep them consistent from the start.
Schedule AL questions from Bangalore
- My income crossed fifty lakh only because of RSUs. Does Schedule AL still apply?
The schedule looks at your total income for the year, whatever its source. Whether it applies is your CA's call. Once it applies, the property entries need defendable cost figures, and those we certify.
- What is the cost of a flat I got through joint development?
It flows from the land you gave up and the exchange terms. The legal computation is your CA's work; the certified property values inside that computation are ours. We coordinate with your CA directly if you like.
- Is a valuer's certificate compulsory for Schedule AL?
No, and most straightforward cases never need one. It becomes valuable when cost has to be established rather than copied from a deed, because a certificate shows the workings if the return is ever questioned.
Everything we do in Bangalore
The full guide to Schedule AL valuation
Try the free Schedule AL calculator
Articles about Schedule AL
Checked by Parish Rao, Chartered Engineer and Government Approved Valuer.
Page last checked on 23 August 2026.
Filing Schedule AL with Bangalore property?
Leave your number and we will call you back. We will tell you which report you need and what it costs, free of charge.
In a hurry? Call +91 98681 69747 instead.