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Accountancy Forum The Profession Tax v
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Provident Fund Balance in Wealth Statement

 
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Provident Fund Balance in Wealth Statement
nomanejaz2009
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#1
09-23-2010, 02:23 PM
plz yeh baata de k employee ki wealth statement mein provident fund balance dekhana parhta hai kia,aur agar dekhana parhta hai to kis ka dekhaye employee aur employer ka plus kar k yah sirf jo employee k deduct hue hain, aur plz mujhe yeh b baatain k last salary 500,000 se zyada nahi thi ab 500,000 se zyada ho gai hai, to reconcilaition nahi jaigi sirf wealth statement jayegi, lakin yeh baatain e-file jb karen to wo without wealth reconcilation wealth statement accept kar le ga.
nomanejaz2009
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#2
09-24-2010, 03:13 PM
koi plz is ka answer de dain, plz bhaion.
Information Consultant
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#3
09-24-2010, 05:25 PM
Provident fund ki 2 approaches hain aik khata hay is ko wealth may show na karain dossra khta hay us ko show karain zada practise may log show nahi karaty

agar ap ki incoem is sal 500000 say exceed kargai hay to wealth statment jay gi or next yar reconciliation bhi jay gi

accept karlay ga
nomanejaz2009
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#4
09-24-2010, 05:37 PM
thanks information bhai, you rock.
faisal_desperado
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#5
09-24-2010, 05:48 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by nomanejaz2009</i>
<br />plz yeh baata de k employee ki wealth statement mein provident fund balance dekhana parhta hai kia,aur agar dekhana parhta hai to kis ka dekhaye employee aur employer ka plus kar k yah sirf jo employee k deduct hue hain, aur plz mujhe yeh b baatain k last salary 500,000 se zyada nahi thi ab 500,000 se zyada ho gai hai, to reconcilaition nahi jaigi sirf wealth statement jayegi, lakin yeh baatain e-file jb karen to wo without wealth reconcilation wealth statement accept kar le ga.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Dear,

- Provident fund's accumulated balance is to be shown in wealth statement.
- It should be employee's contribution only.
- Reconciliation has to be shown in all cases; if this is first time, then current year's wealth is to be reconciled only(show "0" at earlier year's wealth).



Best Regards,

Faisal.
faisal_desperado
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#6
09-24-2010, 05:51 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Information Consultant</i>
<br />Provident fund ki 2 approaches hain aik khata hay is ko wealth may show na karain dossra khta hay us ko show karain zada practise may log show nahi karaty

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Dear Consultant,

It would be beneficial to the public at large, if you disclose the 2 approaches, you are talking about.


Regards,

Faisal.

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