provident fund amount withdrawn after resigning after 5 years ....is it taxable ?
amount received 510000
Menu
Pf taxability
Replies (3)
Quick Summary
Yes, non taxable, if minimum 5 years of continuous service.
Do we need to check whether it is recognized or unrecognized?
Yes, taxability for both differs. For unrecognized PF total amount withdrawn is taxable.
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
