PF Interest after retirement

2415 views 4 replies

Dear Sir,

My father was in IOCL,Vadodara,Gujarat. He is retired from his job in
oct'06.Though he is entitled to withdraw the balance in his provident
fund account from recognised provident fund, He had continued the same
even after retirement and earned interest for that period(Nov'06 to
March'07). Should such interest continue to be exempt even after
retirement.
  
  Please give me reply as soon as possible \?
  
  Please do needful thinkful think at your end.
  
  my e_mail address is truptesh_dange @ yahoo.co.in

Replies (4)
yes exempted even after retirement
U/s Any Intt. Income on PPF Will Be Exempt
Interest on PF,after retirement, is taxable. Interest on PPF is not taxable u/s 10

Thanks Saibaburao, but i would like to know the section no. and is there any case law under which such pf int earned after retirement is expempted from tax.

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