CA Day celebration 2024 Easy Office
LCI Learning

Tax treatment of pf withdrawal before 5 years

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 February 2018 An employee has worked for orgainsation for less than five years.

Please advise how to show PF withdrawal receipts under heads of income
in ITR
Profile Image

Arpit

Profile Image

Arpit (Expert)
19 February 2018 Why dont you carry forward your PF to the next company. After 5 years of continuous service, it will become tax free.

Anyways, if you are withdrawing before 5 years, it will become taxable under the head salary

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


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links