under Schedule AL EPF balance of only employees contribution must show / added in asset.
Because employee contribution if from salary.
Incase of employer contribution it can be added on receipt basis.
This is doubt while filing ITR reconcilliation is easy
Generally EPF balance is declared only on receipt. But if one wishes to add in Schedule AL, it should be total balance existing as on 31st March.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
