Easy Office
LCI Learning

Is recognised PF withdrawl with in 5 years is taxable.

This query is : Resolved 

06 October 2008 I have been worked 9 month in one company. now i have resigned from that company & want to withdraw employer cont. & Employee cont. to withdraw wheather it is taxable.

06 October 2008 no tax liability because its already computed at the time of salary drawn.

06 October 2008 if you have not been in employment for 5 years either with a single employer or with more tan one employer where the pf balance is accumulated, then withdrawal is taxable to the extent balance attributable to employers contribution.




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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query