Greetings,
as you are aware, interest on EPF contributions made from 1st April 2021, which exceed the threshold limit of Rs 2.5 lakh is taxable. I see that EPFO has deducted tax at 10% for FY 2022-23 as part of its annual accounting but given that the annual accouting happens so late, I got to know abt the TDS amount only now. But I have already filed the ITR and did not account for the TDS as at that time (ie before the deadline for filing ITR) I did not have the details of TDS.
How do we handle such a scenario ?
Pls advise
Rgds
Pradeep
TDS deduction on taxable interest on EPF contributions
Pradeep (SW Engg) (40 Points)
08 November 2023