Withdrawal of PF before 2 year - whether taxable


This query is : Resolved 

29 October 2010 I joined and organization in Feb-08 and the organization deducted PF. But by June-09, due to some reason the organization was closed its operation and asked all the employees to leave. I withdrew my all PF, EPF, Pension amount during July-2010

Whether it is taxable.

29 October 2010 NO , It is not taxable.

29 October 2010 Usually PFF withdrawl is taxable if withdrawl is before 5 yearsof emplyment . But in your case, Its not taxable


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