Taxability
This query is : Resolved
10 July 2019
Dear Sir,
Maternal uncle of my mother was expired. He was bachelor and was an employee. His had stated my mother as sole nominee. she is entitled to get the Providend Fund amount of the deceased. Now whether such PF amount as received by my mother is taxable. Or not?
Maternal uncle of my mother was expired. He was bachelor and was an employee. His had stated my mother as sole nominee. she is entitled to get the Providend Fund amount of the deceased. Now whether such PF amount as received by my mother is taxable. Or not?
10 July 2019
Assuming the deceased has no legal heir's, the nominee can enjoy the PF amount
and it is tax free.
and it is tax free.
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