Tax exemption on amount of providend fund

Sandeep Shetye (Article) (46 Points)

25 February 2012  

Dear All

Can you suggest for the following Matter,

"Whether the amount withdraw from PF Trust (Privat PF Trust registered under Income tax act & not PF Commissioner) before 5 Years, will liable to tax.

since amount contributed towards PF is allready taxable in gross salary