Withdrawl of pf
This query is : Resolved
01 August 2014
when pf is received after full service,what is the tax treatment and where we show it in ITR
01 August 2014
Pf received at the time of retirement is exempted from income tax. No need to show it in the return. Only you receive any income on it's investment if it exceeds taxable limit it is taxable.
01 August 2014
it is exempt when it recd on retirement .
in during the job if its recd after 5 year completion of service it will exempt.
in during the job if its recd after 5 year completion of service it will exempt.
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