Income from salary
SUNDARAM.V.V (ACCOUNTS) (60 Points)
17 May 2017
Tax treatment of employees contribution to provident fund. Isn't taxable under head salaries?
SUNDARAM.V.V (ACCOUNTS) (60 Points)
17 May 2017
CA Rashmi Gandhi
(Chartered Accountant)
(86220 Points)
Replied 17 May 2017
MBN
(CA Job)
(71 Points)
Replied 17 May 2017
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 18 May 2017
We all know that employee's pf contribution is not the part of Income.
But I couldn't understand one thing if employee's contribution is not income then why it's need to deduct TDS in the time of pf withdrawl (5yrs//above Rs.50,000)???
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