LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

EPF withdrawl details

Lila (Job) (490 Points)

12 December 2020

Withdrawal from EPF was made during the year. From where can we get the break-up into (Employer's contribution / Employee Contribution / Interest thereon).

Where to show all these details in ITR,

Reply
Follow
Share

2 Replies

Amit (Accounts ) (526 Points)
Replied 12 December 2020

I don't know where to show in itr.

but u can check all contribution made by er, ee & interest from passbook.

ayusmita (Tax consultant) (5885 Points)
Replied 13 December 2020

In itr 2 or in itr 3 you have to disclose
the employer contribution with interest accrued on such contribution come under the head salaries
the employee contribution as well as the interest accrued on such contribution will be taxed under The head of income from other sources
if you did not claim Deduction as per 80 c in previous years then no taxation but if there's is interest the it's comes under income from other sources
again if you claim Deduction in previous years then there's will be taxation
and all are tax as per the tax rate from the year which the EPF MADE