Hi All,
Allowance in lieu of PF is taxable or non taxable.
Regards
Shriniwas
Pankaj Arora
(Learner)
(3134 Points)
Replied 21 January 2011
Its not taxable. But if u withdrawal pf without completing 5 years of job than its taxable.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 21 January 2011
Originally posted by : shriniwas | ||
Hi All, Allowance in lieu of PF is taxable or non taxable. Regards Shriniwas |
taxable
P-A-W-A-N
(TAX - MANAGER AT GURGAON)
(541 Points)
Replied 22 January 2011
It Is Taxable My Dear friend.........
mridul savio Pinto
(articled trainee )
(1477 Points)
Replied 23 January 2011
Originally posted by : P-A-W-A-N | ||
It Is Taxable My Dear friend............. it is taxable as .profits in lieu of salary |