banner_ad

How to show interest on EPF without contributions when interest is not yet credited

Tax queries 245 views 1 replies

Hello

I have searched on this topic on this forum and have not got any authorative answer.

I quit my regular job in 2020 as a salaried employee (age 57) but continued on contract

The last contribution to EPP was in Jan 2021.

NOw I understand that the interest on the EPF is fully taxable and am trying to pay the same for this assessment year (AY 2023-24).

However the interest is still not credited as on date  though it will be credited with date of 31-03-2023 when it does get done.

How do I treat this from a tax perspective? Do i need to calculate the interest myself and hope it it correct ?

Any help will be appreciated

Replies (1)

Either options... file ITR with calculated interest accrued or revise it in future with the correct data.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details