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Income tax on pf withdrawl

This query is : Resolved 
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(Querist)
10 May 2013 Dear Experts

I had worked in 2 companies during the tenure Jul 07 - Sep 08 and from Feb 09 to Dec 10. Thereafter i left my job to pursue CA and indeed i have qualified the same. My query is that i had applied for PF withdrawal of both the companies and had received the EPF amount in Mar 2013. The total amount received is 66000. Should i file my return for FY 12-13 considering this income as from "Other Sources"

Please let me know the treatment.

Thanks in advance
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Rupesh Jain

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Rupesh Jain (Expert)
19 June 2013 r/sir

after complete 5 years of PF a/c or on retirement from job
you can take exemption of Pf
other wise its taxable in your hand in which you recd. under salary head
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