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Tax on Employers Contribution of PF

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(Querist)
01 January 2009 Dear Sirs

Is Employer's contribution of PF taxable in the hands of Employee? If such contribution is deducted from the salary of employee than is it taxable in the hand s of employee? Is it allowable deduction under sec sec 80 C if it is taxable?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
01 January 2009 Employer's contribution in excess of 12% of the salary of the employee is taxable in the hands of the employee.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
01 January 2009 Such contribution ,as said above, will not qualify for deduction u/s 80C.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
01 January 2009 Employers' contribution in excess of 12% of salary is taxable in the hands on Employee. It does not qualify for deduction u/s 80C.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
01 January 2009 Only Emplyee's contribution to PF is qualified for Deduction u/s 80C.

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