08 July 2008
I have resigned / left from the company on 1st January 2005 after completing 3 years 6 months of service and i have applied for PF withdrawal recently in the month of May 2008 what would be the tax implication when i receive the money
12 August 2008
The employee contribution will be tax free but the interest on the same is taxable. The employer contribution + interest thereon will be taxable amount.
CAclubindia
