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Itr filing

Others 292 views 6 replies
Withdrawl of EPF before 5 years ,and tds is deducted and deposited under section 92A as shown in Form 26AS .where do i show this income while filing ITR1??
Replies (6)

Sum received on retirement/ termination comprise of following:Employer’s Contribution and interest there on: Taxable as Salary Income.
Employee’s own Contribution : It is not taxable.
Interest on employee’s contribution: Taxable as income from other sources. 

Thank you so much for the reply .

 

Withdrawal of EPF before 5 years, shall be exempt subject to certain conditions
if certain conditions are not fulfilled then lump sum amount will taxable, under following heads
Payment received in respect of employer's contribution   :  under salary
Payment received in respect interest on employer's contribution   : income from other source
Payment received in respect of employee contribution   :  exempt

Since i am  not able to bifurcate the amount as employee and employeer contribution.I only have the consolidated amount as shown in 26As.What do do in this regard?

i think you try visting to the EPF website, now there is online facility to visit your a.c 

 

You can download the passbook from the downloads menu in the following website.
https://uanmembers.epfoservices.in/

Note: If you have UAN(Universal Acount number)


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