Taxability of epf

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2012 My client has received the funds from EPF means , he has received the amount of EPF.

Now i want to know that whether it is taxable or not ?

13 October 2012 I ASSUME THAT PF FUND WAS A RECOGNISED ONE. ANT ACCUMULATED BALANCE RECD FROM RPF IS EXEMPT ONLY AS PER SECTION 10(12) READ WITH RULE 8 OF PART A OF FOUTH SCHEDULE TO IT ACT. CHECK WHETHER CONDITIONS SPECIFIED THEREIN R SATISFIED OTHERWISE SAME IS TAXABLE.
CA MANOJ GUPTA
JODHPUR
09828510543



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