Tax Calculation on PF Withdrawal before maturity
This query is : Resolved
25 June 2024
My Salary is Rs. 4.5 lakhs,
TDS: Nil,
PF Withdrawal Amt. 5,00,740/- ( Int : 70,280, Contribution: 4,30,460_in which equal amt of empolyer & employee included for the perid from 2019-2023 < 5yrs)
TDS deducted on PF withdrawal under 192A : 10%, i.e. Rs. 50,074/-
How can calculate liability of Tax for the AY 2024-25?
Plz help...thanks with regards
TDS: Nil,
PF Withdrawal Amt. 5,00,740/- ( Int : 70,280, Contribution: 4,30,460_in which equal amt of empolyer & employee included for the perid from 2019-2023 < 5yrs)
TDS deducted on PF withdrawal under 192A : 10%, i.e. Rs. 50,074/-
How can calculate liability of Tax for the AY 2024-25?
Plz help...thanks with regards
26 June 2024
Claim 89(1) relief for the PF premature withdrawal.
You can get back the TDS deducted as your salary is within taxable limit.
You can get back the TDS deducted as your salary is within taxable limit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- ITR 6 Schedule CFL and UD Issues
- Not a CA , can we prepare balance sheet
- FREELANCING ACCOUNTANT
- TDS RATE ON RENT PAID TO NRI
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
