i recieved my epf money in sep 2017 with deduting 10% tax as i withdrawn before 5 year. now i am in 20% tax slab how can i show this received amount with deducting tax amount in itr filling. and i think if i show this amount in itr then again i have to pay 10% more tax as i am in 20% slab or better if i do not show it in itr.
pls clear my query
Thanks in advance......
EPF withdrawal will be taxed as income and you need to include it in your ITR under the head 'Income from Salary'.
CAclubindia
