Employeer PF Contribution

This query is : Resolved 

12 October 2009 Dear friends

If the employee leaves the employement from one company and withdraws his EPF from the PF Department before serving 5 years of continious employement with the same employer.

Is the PF money recd from the Govt PF office taxable in the hands of the employee

Please quote the relevant enactment

Regards
Mahabir

12 October 2009 Yes the PF amount withdrawn before the maturity then it is taxable in the hands of the employee.





You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries