Easy Office

Taxability of interest on epf after resignation

This query is : Resolved 

16 January 2019 Dear Sir/Madam,
My brother resigned from his employment (after 10 years of service) in feb-17. He continued to maintain his EPF account even after resgination without withdrawing any amount. Will the interest received after resignation on the accumulated balance be taxable? If yes, what is the point (time) of taxation and what is the taxable amount of interest?

16 January 2019 Not taxable. Withdrawal before 5 years is taxable.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries