Tds has been deducted on pf transfer by infyosis ltd @ 20.85
This query is : Open
05 July 2017
Dear Sir/Madam
TDS has been deducted on by Infyosis Ltd when employee was transfered from it to Infyosois BPO ltd @ 20.85%.
Is this correct. if yes where should I show it in ITR.
what are the provisions related to it
TDS has been deducted on by Infyosis Ltd when employee was transfered from it to Infyosois BPO ltd @ 20.85%.
Is this correct. if yes where should I show it in ITR.
what are the provisions related to it
Amol S Joglekar
(Expert)
05 July 2017
show it under TDS in ITR and claim the refund, if any
Amol S Joglekar
(Expert)
06 July 2017
because it must be taxable.........(What is the name under which the amount is paid to you while effecting transfer?
06 July 2017
sir,
amount has not been paid to the assesse.
only fund has ben ben transfered.
in 26AS it shows like as under:
name of deductor amt paid/credited total tds deposited
infosys limited employees superannuation fund trust 294959.00 61528.00
amount has not been paid to the assesse.
only fund has ben ben transfered.
in 26AS it shows like as under:
name of deductor amt paid/credited total tds deposited
infosys limited employees superannuation fund trust 294959.00 61528.00
Amol S Joglekar
(Expert)
06 July 2017
Please check with your company......
If an employee leaves the organization before attaining superannuation/Retirement, then he may withdraw the complete money in the lump sum, which is completely taxable and will be added to his total Income in the year of superannuation withdrawal and to is taxed accordingly.
If an employee leaves the organization before attaining superannuation/Retirement, then he may withdraw the complete money in the lump sum, which is completely taxable and will be added to his total Income in the year of superannuation withdrawal and to is taxed accordingly.
06 July 2017
no he has just transfered from one company to another and so pf fund has been transfered & tds is deducted
Amol S Joglekar
(Expert)
06 July 2017
then why 26 AS is saying.......name of the deductor is Infosys limited employees superannuation fund Trust.
Please check the same......
Please check the same......
Message likes :
1 times
07 July 2017
@yogesh.,
Please follow Mr.Amol S Joglekar Sir advise...
First of all you can check it then you can clear your doubt.
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