EPF

This query is : Resolved 

21 December 2020 Dear Sir,

One of my client had withdrawn their EPF after continue service 5 years
1. Form 10C-Withdrawl Benefit/Scheme Certificate
2. Form 19-Resign- ( TDS deducted as amount of is more then Rs.100000/-)

Now my query is it taxable or Tax Free Income, if it taxable where to show in ITR 1 & It is not taxable even if they deduct TDS on the same, it is taxfree Income under which section.

Sir, please revert I have file her Income tax return.
Kindly help Me

21 December 2020 Dear Sir, One of my client had withdrawn their EPF after continue service 5 years 1. Form 10C-Withdrawl Benefit/Scheme Certificate 2. Form 19-Resign- ( TDS deducted as amount of is more then Rs.100000/-) Now my query is it taxable or Tax Free Income, if it taxable where to show in ITR 1 & It is not taxable even if they deduct TDS on the same, it is taxfree Income under which section. Sir, please revert I have file her Income tax return. Kindly help Me


21 December 2020 It's not taxable, withdrawal after 5 years of service. No TDS applicable on it.

25 December 2020 Sir, EPF withdrawal is before 5 years and TDS deducted under section 192A
Now Under which head i have to show this income in ITR 1 form

Sir please revert

26 December 2020 Show it under salary head.


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