PF WITHDRAWN

This query is : Resolved 

17 August 2021 PF MAINTAINED WITH EMPLOYEES PF ORGANISATION IS WITHDRAWN AT THE TIME OF CHANGE OF EMPLOYMENT
WHETHER AMOUNT RECEIVED TOWARDS EMPLOYER CONTRIBUTION, EMPLOYEE CONTRIBUTION AND INTEREST WOULD BE TAXABLE ? IF YES UNDER WHICH HEAD ?


17 August 2021 Yes, it's taxable if received within 5 years.
Contributions taxable under salary head, interest taxable under income from other sources.
89(1) relief can be claimed.

17 August 2021 EMPLOYEE CONTRIBUTION ALSO TAXABLE ?


18 August 2021 Yes, in case of 80c deduction claimed.



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