EPF WITHDRAWAL TAXABILIT

TDS 215 views 4 replies

Hi All

How EPF withdrawal will be taxable if less than 5 years of service (actually more than 5 years but 2 different UAN is created.)

1 rate of tds?

2 How to show in ITR?

3  Which part will be taxable?

4 How to calculate tax i.e. as per contribution year wise or as per withdrawal year?

5 How to file 15G/H?

 

THANKS

 

 

Replies (4)

Here is a way to begin,

https://economictimes.indiatimes.com/wealth/tax/do-i-need-to-include-the-withdrawn-epf-proceeds-in-itr-after-leaving-the-job/articleshow/77192916.cms?from=mdr

This link describes how to make such entry in the ITR2 form:

https://economictimes.indiatimes.com/wealth/tax/new-itr-forms-ask-for-year-wise-pf-contribution-details-in-case-of-taxable-withdrawal/articleshow/65715645.cms?from=mdr

If EPF is being withdrawn after 5 years of contribution;

https://economictimes.indiatimes.com/wealth/tax/how-to-report-tax-exempt-incomes-in-itr-1/articleshow/69630173.cms?from=mdr


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