banner_ad

Provident fund

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 November 2011
Please suggest Respected experts:-

let example of one month just to ease calculations

Contribution to RPF

Employee salary;- 6500/- per month
Employee Cont to pf :- 780
Employer Cont to pf :- 239
Employer Cont to Pension Scheme:- 541
Interst on employee contribution for year:- 66
Interest on employer contribution for year :- 20

above data for financial year 2009-10. he claimed Rs 780/- under section 80C also.


now he withdrawal amount before completeing 5 year of service.
1)which amount will be taxable
2)which will be exempt
3)under which head it will be taxable
4)and what about 80C already claimed


i have taken data of one month just to ease calcualtion..
Profile Image

CA Hardik Bunha

Profile Image

CA Hardik Bunha (Expert)
18 November 2011 Time limit of 5 year will not applicable for PF.
No point for both taxable or exempt.

No metter if deduction was taken u/s80c
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details