192a - tds on epf

Aman Kumar (Accounts Executive) (744 Points)

27 August 2019

My client have received EPFO more then 50000.00/- & TDS deduct 192A

so my question is is taxable or not ?

or where is show in itr,is part of salary or income from other sources?

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4 Replies

Sandeep Tayal (46 Points)
Replied 27 August 2019

yes please tell me same about public providend fund also

Kapadia Pravin (17259 Points)
Replied 27 August 2019

PPF - on maturity it is exempt and interest is also exempt. Show it under EI schedule under Any other

Aman Kumar (Accounts Executive) (744 Points)
Replied 27 August 2019

This is not PPF,it is EPFO,& may be Pf withdrwal amount is more then 50 Thousand or amount withdrawal after five year so it is taxable

but my query is where is show in itr 1 (or please confirm is taxable or not ?)

Kapadia Pravin (17259 Points)
Replied 29 August 2019

EPFO withdrawal within 5 years is taxable.
in ITR1 show it under the head SALARY

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