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Hi
I am filling Schedule 3 economic classes form. I would like to inquire what can we include in Question 11 part (a) Assets: total amount.
Can PPF (Personal provident fund) be a part of assets?
I know for settlement fund we need to show FDs and saving deposits.
Thanks
Reply ASAP
Thanks coolguy.
I really appreciate your response.
I have one more question. Can I include the amount of PPF only in Total assets (question 11a) or also in settlement/ available funds (question 11c)
do I need to attach necessary documents for total assets/ liabilities as well?
Many thanks.
You need to disclose all assets and liabilities, which will be netted off to arrive at POF.
All Assets & Liabilities needs to be supported by documents...
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