Suppose, I have exited from my current job and started a new one and I've not transferred the PF account from previous to current employer. Two separate PF accounts are there within the same UAN. If I withdraw PF amount of the previous job's account, will it be taxable? ( Service in previous job is almost one year)
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 01 August 2023
If you withdraw PF before completion of 5 years of service then TDS will be deducted u/s 192A @ 10%, yes it will be taxable
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 02 August 2023
If you have joined in the previous company for the first time then PF withdrawal is taxable.
Can you provide your total experience and date of first employment
Can you provide your total experience and date of first employment
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
