Taxability of amt withdrawn from EPF and interest on the sam
This query is : Resolved
24 September 2009
Since I withdrew the amount invested in EPF and got it credited in the current year, will the interest and the principal be fully taxed? (invested for 2 years)
25 September 2009
there is no such provision for lockin period. This is loophole in the income tax act. This will taxfree as per sec 10(11) & (12).
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
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Cloud service
- Conversion of Pvt Ltd Company to a LLP
- Running non ac bus under contract with roadways
- GST ITC on Liquidated damages
- SECTION 194T
- Credit note Issue reg
- Ca final exam registration may-26
- Sale of Gold ornaments
- Forgot to update debit note in gst
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
