Income Tax Return
Articles about income tax return, in plain English.
Cost of Property Valuation for Schedule AL in India
As government-approved and IBBI registered valuers, we at Rao Valuers have been assisting Indian taxpayers with their property valuation needs since 1995. We understand the specific requirements of the Income Tax Department and the importance of accurate reporting.
Income Tax ReturnSchedule AL Valuation: Self-Occupied Property in ITR 2026-27
For individuals and Hindu Undivided Families (HUFs) with total income exceeding ₹50 lakh, filing Income Tax Return (ITR) Schedule AL (Assets and Liabilities) is mandatory. The question of whether a property valuation is needed for a self-occupied home frequently arises.
Income Tax ReturnSchedule AL in Income Tax: Your Guide for 2026-27
Schedule AL is a mandatory part of ITR-2 and ITR-3 for individuals and Hindu Undivided Families (HUFs) with a total income exceeding ₹50 lakh in a financial year.
Income Tax ReturnNew Income Tax Act: what property owners face
From 1 April 2026, India runs on a new income tax law. The old 1961 Act, after six decades of patches, has been replaced. Here is the calm version of what it means if you own property.
Income Tax ReturnIncome above fifty lakh? Meet Schedule AL
If your total income for the year crossed fifty lakh rupees, congratulations, and also, your income tax return just grew a new section. It is called Schedule AL, short for assets and liabilities. It is a list of what you own and what you owe.
Read about our income tax return valuation service
All blog articles