can any of you please tell me that How to make/show a calculation in ITR pertaining to EPF amount Received in previous year,with respect to employee who has retired/etc after working continuous period of *5 years.
attachment:
#That specified person is Continuing his work in another organization after receiving lump sum EPF amount of Rs.522000(includes Both employee and employer contributions)
# and in last year he did not took a benefit of *80C .
# Respective Details were reflected in form 16A issued by Deductor.
My Queries are;
1)whether I must to add whole respective amount of Rs.522000 to his current year salary?
2)or just need to consider only contributions of EMPLOYER amount in his Current year salary?
CAclubindia
