ITR on PF Withdrawal

AnksD (Analyst) (38 Points)

26 July 2024  

Hello Friends,

I have withdrawn my PF in FY 2023-24. I left my job in March 2022 and my PF was accumulating for more than 5 years. Now when I was trying to file the return, the AIS portal shows the entire amount as salary and there's 10% TDS deducted as well. The same shows auto generated in my Salary head while trying to file ITR. 

As per my understanding, there should be no tax on PF withdrawal if you had more than 5 years of service. How should I handle it while filing ITR and also is there a way to get back the TDS deducted ? (I didn't file Form 15G as I was not aware of the implications).

Thanks,