Easy Office
LCI Learning

Income from pf

This query is : Resolved 

06 December 2015 A person withdraws his PF in the beginning of financial year. (PF amount is more than 30000 & he has not completed 5 years) HE claims NO TDS deduction by submitting Form 15G & PAN Card copy.

Later in the year he starts professional services and fortunately he makes money. At the end of the Financial year does he need to add his PF amount to his total income to calculate Tax.

07 December 2015 PF withdrawal is not included in calculation of Income.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries