Adding your personal assets,
Well don’t worry you are required to disclose your assets and liabilities only if you are someone who earns more than 50lakhs,
Navigate to File > Resume Filing > Additional Details > Assets & Liabilities.
Click on Assets and select the type of asset you want to add,
- Immovable Assets
- Description & Purchase Value
- Asset Type ( Residential & Non-Residential Building, Agricultural Land, Non-Agricultural Land and Others )
- Address of the Property
- Movable Assets (Cash in Hand, Bank Balance & Deposit, Jewellery & Bullion, vehicles, Work of Art, Shares & Securities, Insurance Policies, Loans and Advances)
- Immovable Assets
Click on save and that’s it, we have recorded all your assets and can be easily viewed and revised under the summary view.
Adding your personal liabilities,
Don’t know where you can add your liabilities? Well you are at he right place, let’s get started,
- Navigate to File > Resume Filing > Additional Details > Assets & Liabilities.
- Click on Liabilities and enter the liabilities that applies to you,
- Personal Loan from Bank
- Loans from Friends and Family
- Home Loan
- Vehicle Loan
- Others
Wow! that was quick, now click on save and your data would be ready to be assessed under the summary view.
Adding Additional Disclosures,
Here you can disclose various incomes, revenue receipts nature, hefty travel or electricity expenses etc., which you weren’t able to in the above sections.
Navigate to File > Resume Filing > Additional Details > Additional Disclosures
Select the type of the disclosure you want to make,
- Personal Disclosure
- Cash Deposit amount exceeding 1Cr. in current account
- Savings Account Deposit exceeding 50lakhs. in savings account
- Expenses greater than Rs.2lakhs incurred on Foreign Travel
- Electricity Bill exceeding Rs.1Lakh
- Business Disclosure
- Opted out of Presumptive Taxation Scheme?
- Cash Receipts Exceeding over 5% of Total Receipts.
- Cash Payments made exceeding over 5% of the Total Expenses.
- Personal Disclosure
Click on Save and we are all done additional disclosures.
Adding Form Disclosures,
- Navigate to File > Resume Filing > Additional Details > Form Disclosures
- Select the Form you want to disclose(Form 10IEA, Form 67, Form 10IA, Form 10BA, Form 10CCD, Form 10CCE)
- Enter the acknowledgment number of the selected form and hit Save.
That’s it we have successfully added your Form disclosure on Quicko.