Taxability of Interest on recognised CPF accumulation
This query is : Resolved
21 June 2023
I superannuated from a PSU having own recognised PF trust. As per rules of trust the cpf can be kept with trust upto 3 years post retirement & applicable interest shall be
Credited to the account. On withdrawal after 3years in FY 22-23 interest income has been charged to tax & tds deducted. Can I claim exemption u/s10 for the same while filing the return for FY2022-23?
.
Credited to the account. On withdrawal after 3years in FY 22-23 interest income has been charged to tax & tds deducted. Can I claim exemption u/s10 for the same while filing the return for FY2022-23?
.
21 June 2023
No exemption can be claimed on such interest after retirement. It's taxable that's why TDS deducted.
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