Hi,
I worked in a Company: 2003-2006 (3 years)
So, my tenure with company was less than 5 years.
But PF account itself have been there for 10 years now as i did not withdraw till date.
Now, when i withdraw PF amount in 2013.
Will this be Taxable?
I am getting mixed responses:
1. Some say that since employment was less than 5 years, it is taxable.
2. Some say that since PF account itself was for greater than 5 years (10 yrs in my case) it is not taxable.
Please advice.
Thankyou Experts