I have received my final PF settlement in Feb,2018 as retired in Jun,2017. I am currently doing Organic farming. I would like to know whether PF settlement amount is taxable for financial year 2017-18. Please share your inputs.
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Final provident fund settlement amount - taxable or not?
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As per the section 10 (11) of the income tax act PF received is exempt if you worked more than 5 years continuously
it should received from recognized provident fund
it should received from recognized provident fund
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