Pf withdrawal

This query is : Resolved

Sanjay Sharma (Querist)
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27 March 2013 Hi All,

I have withdrawal my PF amount from my last company in 3 years6 months, I have directly received the amount in my saving account 2.25 Lakh form EPFO office.
Mu query is that I have to pay tax on full amount? or only Interest earn on employer share in 3.6 months?

Thanks in advance

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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21 July 2013 Since the PF amount withdrawal before completing 5 years, employee contribution is exempted and interest on employee contribution is taxable under income from other sources. and employer contribution and interest taxable under income from salaries

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