Pf withdrawl
This query is : Resolved
29 July 2019
Hello everyone..
PF WITHDRAWL IS TAXABLE WHEN WITHDRAW BEFORE COMPLETION OF 5 YEARS OF SERVICE.
My query is under which head it is taxable? Under head salary or other income??
If taxable under head salary whether standard deduction of 40,000 is available or not?
PF WITHDRAWL IS TAXABLE WHEN WITHDRAW BEFORE COMPLETION OF 5 YEARS OF SERVICE.
My query is under which head it is taxable? Under head salary or other income??
If taxable under head salary whether standard deduction of 40,000 is available or not?
29 July 2019
To be offered under the head Income from Salary u/s 17(1).
29 July 2019
okay...thank u sir
It means standard deduction of 40,000 is also available on this income if i am not wrong??
Please clarify...
It means standard deduction of 40,000 is also available on this income if i am not wrong??
Please clarify...
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