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PF withdrawal amount

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kiran (accountant) (428 Points)
Replied 19 June 2022

1 employer service 4 years after that I have join another company
I have withdrawal 30k in dec 21

Eswar Reddy S (CFO- at NHTF) (58259 Points)
Replied 19 June 2022

Was the PF transferred from 1st employer to second employer?

How much was the total tenure as on December 2021 ?

kiran (accountant) (428 Points)
Replied 19 June 2022

Not trf to second employer 1 employer total amount is 123670

Eswar Reddy S (CFO- at NHTF) (58259 Points)
Replied 19 June 2022

How much is GTI for FY-2021-22 ?

kiran (accountant) (428 Points)
Replied 19 June 2022

Around 487000


Eswar Reddy S (CFO- at NHTF) (58259 Points)
Replied 20 June 2022

Is it including PF withdrawal amount?

kiran (accountant) (428 Points)
Replied 20 June 2022

Yes PF withdrawal included

Eswar Reddy S (CFO- at NHTF) (58259 Points)
Replied 20 June 2022

Then there won't be any tax to be paid since GTI is less than 5lacs . You may avail rebate u/s 87A

kiran (accountant) (428 Points)
Replied 20 June 2022

Whereas show PF withdrawal amount at the time of ITR filling

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 21 June 2022

Shown under Income from Salary.



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