07 January 2010
CAN ANY BODY HELP ME THAT WHAT WOULD BE IMPLICATION OF AMOUNT WITHDRAWN FROM PF ACCOUNT i.e. SUPPOSE FROM APR 09 TO SEPT 09 HE IS CONTRIBUTIONG 12% Of HIS SALARY TO PF A/c AND IN OCT 09 CHANGING JOB AND WANTS TO WITHDRAW MONEY FROM PF ACCOUNT IN DEC 09. NOW WHETHER CONTRIBUTION TO PF A/c WILL BE CONSIDERED AS INVESTMENT U/S 80C. AS YEAR OF DEPOSIT AND YEAR OF W/D IS SAME YEAR.