Tax treatment of providend fund

This query is : Resolved 

11 February 2013 whether PF contribution of Employer is income in the hands of employee or not ? is it exempted under which section ?
Kindly define tax treatment of Employer contribution to PF.

11 February 2013 Contribution in excess of 12% by employer is taxable in hands of employee as salary.

11 February 2013 read sec. 10(11) & 10(12)




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