Pf withdrawl for payment of lic
This query is : Resolved
13 August 2014
Dear Friends,
I have one quary, Can i use my PF Contribution for payment of My LIC Premium.
My Company have its own PF Trust and i am still in working there.
Regards,
Arvind Aggarwal
Mob-9717906887.
I have one quary, Can i use my PF Contribution for payment of My LIC Premium.
My Company have its own PF Trust and i am still in working there.
Regards,
Arvind Aggarwal
Mob-9717906887.
13 August 2014
yes you can this, but if you withdraw the amount from PF before completion of 5 years. then PF amount will include in your income and you have to pay tax accordingly.
13 August 2014
Thank you sir for quick reply.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- NON- SUBMISSION OF LLP FORM 3
- Free lancer income
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- What is provisional receipt number for generation of form 16A
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
