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Is Income Tax deductible on PF Withdrawal

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Guest

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Guest (Querist)
28 October 2009 Is Income Tax deductible on PF Withdrawal in below cases: -

1. PF withdrawn before 5 years of employment.
2. PF withdrawn after 5 years of employment.
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CA SANJAY MUKHERJEE

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CA SANJAY MUKHERJEE (Expert)
28 October 2009 1. Yes, On emplyoers' cont. and interest there on( if exceeds the limit) .

2. No
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
28 October 2009 agree
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Guest

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Guest (Querist)
28 October 2009 Hey Guys,

Exceed would mean above 12% contribution...right?

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