If Salary Is Paid By Cash And I Deposited It In Bank. Would The Bank Statement Be Considered As A Proof For Salary ?

laxmikant.joshi
hi everyone,
this kind of post saw in this platform but i didn't get confirm that if i deposit entire my salary in my account then its a valid prof of i am getting salary,and i opened payment account in bank as i am getting consolidated salary,if i switch job then that bank statement is enough prof of salary.....please guide me ...i am fresher i am working in small firm..which dont having pf&esi..
hopegovind
that can be made as a valid only if it is supported by form 16 of the organisation.
saswatabanerjee
I assume that you are referring to proof of salary in absence of salary slips when you join a different company..
There is no rule as such.
However, if the mew company insists on salary slip and you do not have that, your offer to show them your bank statement where the salary in cash was deposited every month, would be considered by most HR teams as adequate proof..
However they will also look at the pattern of withdrawal. For example, if the entire salary is withdrawn 3 days after deposit, it becomes possible that it was probably borrowed and then returned just to show a deposit of salary and probably salary is quiet different.
While this is not necessarily a guaranteed method to convince the HR In new company, it is the most logical evidence for them to see that you got the salary you claim to be getting.
saswatabanerjee
Generally, if you have a salary slip, you do not even need to show bank statement.
The bank statement will come into,picture if the new employer disbelieves your claim of salary.
As a practice, deposit of cash in bank is good. It also helps at a later date if you need bank loans, etc
Adv. Manoj Liyonzon
direct credit from employer to the bank account of employee shall only be considered as proof of salary
sambasivakamasani
Salary slip or wage payment by Employer through bank is justifiable proof about the wage. Please note, in view of the fact that wage is paid through bank, aquittance register (signed by employee and employer or his representative) is not withdrawn officially. Hence register is in operation. To answer the specific question, in addition, PF slip, or PF yearly statement, downloaded details from EPFO assist you to some extent: ALSO ESI details, if available are also official documents. In any case, depositing salary by you in the bank not at all valid Try the one what is suggested. Regards.
nvraovskp
Dear Friend
In the absence of pay slip issued by company for their employees, bank statement of an employee could be sufficient to prove that he / she received salary from his employer on so and so date etc. However, salary break up details will not be available and net paid salary in respect of such employee only will be appears in the statement itself.Hence, by seeing bank statement, one could not understand gross salary of an employee
If possible, the employee needs to submit original salary slip as a proof to get new job or if it is not possible and as second option only, bank statement could be produced as a proof of salary payment
Regards
Ali Fadala
Actually, the best way to proof your salary is to got an HR LETTER from your employer that shows your job title, joining date and your salary details too. That letter should be on the company's letter head and stamped also to be recognized and valid. But if your employer refuse to issue it for you, you could show your bank statement that shows the continuous feeding of your account by your employer and how much is submitted periodically.
sourav.rubi@gmail.com
Dear Friend,
In the scenario described by you , I feel that a salary slip
will be required to substantiate the proof.
Warm regards,
Sourav Mukherjee
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