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encashment of pf

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 January 2011 aDear experts
if a person encashes money in EPF before 5 years ..Will dat b taxable. If yes den, Is TDS applicable? Wht is the rate of TDS?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
28 January 2011 Encashed amount of PF before 5 years will be added to assessee income in the year of encashment, and tax is charged as per slab.

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