PF Withdrawal

Basavaraju.B.R.Gowda ( Student) (186 Points)

21 June 2010

PF Withdrawal is taxable

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2 Replies

Chinmay (Accounts Professional) (356 Points)
Replied 25 June 2010

withdrawl of PF is not taxable in the following situation:

1.on the death of employee,

2.on permanent disability of employee,

3. in case of non continus of business of employer,

4. on compleation of 5 years service

in given case amount is fully taxable . if it was received under aforesaid cases

DT Fundas - Tarun rustagi ( Author) (1150 Points)
Replied 25 June 2010

dear friend chinmay is right. it is taxable if does not fulfill the above criteria.

regards

tarun rustagi

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