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
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https://economictimes.indiatimes.com/wealth/tax/do-i-need-to-include-the-withdrawn-epf-proceeds-in-itr-after-leaving-the-job/articleshow/77192916.cms?from=mdr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If EPF is being withdrawn after 5 years of contribution;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
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
View Details
RMA And Associates LLP
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
