Provident fund


This query is : Resolved 

23 June 2014 pf received by wife on death of her husband is taxable or not????

23 June 2014 no..it is not taxable.

23 June 2014 It is fully exempted from Income tax.

23 June 2014 NO IT Exempt in hand of wife.

23 June 2014 Rupesh how can it b exempted in the person's hand which is not alive??

23 June 2014 Dear Rupesh Ji,

please note it is exempt under 10(12) of the income-tax act.


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