Tax liability on epf withdrawal before 5 years
This query is : Resolved
09 November 2023
Dear Sir
I have a query how to calculate tax liability on the individuals epf withdrawal before 5 years, out of the below three heads which is taxable:-
1) employer contribution
2) employee contribution
3) interest received
4) Form 10C rcpt
Thank you
I have a query how to calculate tax liability on the individuals epf withdrawal before 5 years, out of the below three heads which is taxable:-
1) employer contribution
2) employee contribution
3) interest received
4) Form 10C rcpt
Thank you
CA R SEETHARAMAN
(Expert)
11 November 2023
1 Employer contribution taxable.
2 Employee contribution taxable in case 80c exemption claimed.
3 Interest taxable.
4 Taxable
2 Employee contribution taxable in case 80c exemption claimed.
3 Interest taxable.
4 Taxable
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