Easy Office
LCI Learning

Taxability of epf

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 October 2012 My client has received the funds from EPF means , he has received the amount of EPF.

Now i want to know that whether it is taxable or not ?

13 October 2012 I ASSUME THAT PF FUND WAS A RECOGNISED ONE. ANT ACCUMULATED BALANCE RECD FROM RPF IS EXEMPT ONLY AS PER SECTION 10(12) READ WITH RULE 8 OF PART A OF FOUTH SCHEDULE TO IT ACT. CHECK WHETHER CONDITIONS SPECIFIED THEREIN R SATISFIED OTHERWISE SAME IS TAXABLE.
CA MANOJ GUPTA
JODHPUR
09828510543



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




Answer Query