Eligibility criteria for epf withdrawal
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 July 2013
What is the eligibility criteria for EPF withdrawal if we want to purchase a new flat? Does it vary from company to company? I have recently joined a new company and tranferred my 8 year of EPF to my new company. Since I am member of EPF from more that 5 years shall I be eligible for EPF withdrawal?
PS: I have changed 2 companies in last 5 years but PF was transferred and never withdrawn.
PS: I have changed 2 companies in last 5 years but PF was transferred and never withdrawn.
20 July 2013
YOU CAN WITHDRAWN AMOUNT OUT OF EPF IF YOU WITHDRAWN BEFORE 5 YEAR THEN WITHDRAWN AMOUNT WILL INCLUDE IN YOU INCOME.
IN YOUR CASE YOU HAVE MORE THAN 5 YEARS
THEN NO AMOUNT TAXABLE IN YOUR HAND.
ELIGIBILE CRITERIA NOT FOR COMPANY.
PF AMOUNT IS YOURS
YOU CAN WITHDRAWN WHEN YOU REQUIRED
IN YOUR CASE YOU HAVE MORE THAN 5 YEARS
THEN NO AMOUNT TAXABLE IN YOUR HAND.
ELIGIBILE CRITERIA NOT FOR COMPANY.
PF AMOUNT IS YOURS
YOU CAN WITHDRAWN WHEN YOU REQUIRED
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- EPF FULL & FINAL RULES IN 2026
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Rental income gst and it purpose
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
