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Epf withdrawal

This query is : Resolved 

12 July 2019 My son took up job abroad and left in March 2016 after working two years in a company ..He received EPF accumulated of 274500/- with tds 10% deduction in August 2018. He is NRI for AY 2018-19 & AY 2019-20 What shall be Tax implication for AY 2019-20.. Under which head of income to show in ITR and if standard deduction can be claimed of 40000/- for same, if shown as profit in lieu of salary under salary income.


12 July 2019 Head of Income is "Income from salary".

Standard deduction can be claimed.

It is not Profit in lieu of salary , but salary u/s 17(1)

File income tax return and claim credit for TDS.


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