21 July 2012
Hello I have changed my job in Nov 2010 (FY10-11).At that time, I had asked for PF withdrawal from my PF account. This money got credited to my bank account in Aug 11 in FY 11-12. I had not completed 5 years with my ex-employer. In the last FY 10-11, even without adding my PF contribution, I was fulfilling the 80C limit of Rs.100000 as I had investments in PPF and Pension policy. Based on this, can I claim exemption from the withdrawn amount to the extent of my contribution, on the grounds that I has not claimed it as a deduction earlier .. Pls reply at the earliest Thanking in advance
CAclubindia
