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Filling Schedule 3_Economic classes_Assets? PLZ help asap

din092

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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
 

coolguy2010

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Yes, PPF is valid POF
 

din092

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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.
 

coolguy2010

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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...