Treatment of provident fund received and gratuity received

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 July 2014 Dear Sir / Madam,

I am intending to file income tax returns online.

During the financial year 2013-2014, I worked with two employers.

In Dec, 2014 I left the fist organisation and joined the second one.

My first organisation paid me provident fund and gratuilty (my total service was of 6 years).

Gratuity was paid in Jan, 2014 and provident fund was paid in Apr, 2014 by the first company.

While filing income tax returns on line under which section should I mention this amount?

Are these income taxable?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 July 2014 whether it is taxable or not shall depend on the conditions prescribed in section 10.

if it is exempt, then kindly mention it in EI sheet.

if it is not exempted then add it to the salary income.