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Taxation of pf withdrawn before 5 years

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(Querist)
30 January 2015 Hi, I wanted to know the taxability of provident fund withdrawn before 5 years of service in first organization. since on the amount credited tax is not deducted, please let me know is it mandatory to show the amount in ITR and pay tax on same?.
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CA NAVEEN SINGLA

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CA NAVEEN SINGLA (Expert)
31 January 2015 yes as per law PF is taxable but you can avail the relief u/s 89 to the extent possible.
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Rupesh Jain

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Rupesh Jain (Expert)
31 January 2015 yes you have to show in ITR and pay the tax after calim rebate u/s 89(1)
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