EPF Withdrwal


This query is : Resolved 

Quick Summary
If you've withdrawn from your EPF during the financial year 23-24, you generally need to declare this amount in your Income Tax Return (ITR). Premature withdrawals are often subject to tax. It's advisable to consult the provided rules or seek professional advice to understand your specific tax obligations.

(Querist)
24 June 2024 I am salaried person & I have a withdrawal EPF during the fy 23-24. Please tell me do we have shown EPF withdrawal amount in ITR ?

24 June 2024 Yes & pay the liable tax, if any.
Refer: https://scripbox.com/saving-schemes/pf-withdrawal-rules/

24 June 2024 YES PREMATURE WITHDRAWAL IS TAXABLE IN HAND OF INDIVIDUAL.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details