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PF loan, not repayable


hashim hilali   26 August 2019

hashim hilali

 1 likes  23 points

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do we need to disclose 'PF loan taken/withdrawn from the employer, which is non-repayable' in the income tax return?
I just know that such withdrawal is tax exempt, but do we need to report/disclose that in the return, if yes then how?

avater

Madan Kumar   26 August 2019

Madan Kumar

 9 points

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no need to disclose that one

avater

Kapadia Pravin   26 August 2019

Kapadia Pravin

 916 likes  14288 points

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PF loan taken from employer will be I think employer recovers from salary payment on monthly basis.
if it's partial withdrawal then employer provides certificate or in annexure to form 16


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