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taxability of withdrwal from pf

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(Querist)
27 March 2008 is Non Refundable Withdrawal from PF (after 20 years of service) taxable in the year of withdrawal?
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
28 March 2008 NO IT IS EXEMPT IF PF IS RECOGNISED
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CA Praveen Chopra

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CA Praveen Chopra (Expert)
28 March 2008 Exempt for recongnised providend fund scheme.
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