08 July 2013
I have shifted my job in December 2012. i worked in the previous organization for 7 years and 2 months. when i left i withdrew my PF amount from that organization and have opened a new PF account at the new organization. I have 2 queries
1) What would be my tax liability on withdrawing my own PF contribution. My employer's contribution was not withdrawn as it went in for Pension Fund and I could not withdraw it, thus I have to forego it. 2) What about the PF contribution I made during the 9 months of my service at the previous organization. Does it still count under my deductions under section 80 c.