10 May 2010
Administration charges of providentfund should be shown separately in books or it should add to Pf. I think the burden of Pf administration exp is the company and it should not deduct from employees salary and should pay it. am i correct or not. plz tell me correct wat to treat this exp and how to pass the entry in books
10 May 2010
Yes I think the PF administration expenses are the expenses of company so they should be charged to P&L of co.these should not be deducted from employees.These are like part of normal admin expenses.
CAclubindia
