provident fund amount withdrawn after resigning after 5 years ....is it taxable ?
amount received 510000
Yes, non taxable, if minimum 5 years of continuous service.
3 Replies
Bhavika Tourani
(Student)
(158 Points)
Replied 22 July 2022
Do we need to check whether it is recognized or unrecognized?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193931 Points)
Replied 22 July 2022
Yes, taxability for both differs. For unrecognized PF total amount withdrawn is taxable.
Recent Topics
- Form 15CA for amount transfer
- TDS on March 25 Provisions
- Role of AI in CA Field
- How to generate purchase bills to investor for bil
- Composition scheme and Itc
- Has anyone tried Parag Gupta sir's 59 questions fo
- HSN CODE IS MANTADARY
- Gst number revocation chances
- Export under IGST Paid
- Selling my 5 year old pvt ltd for free
Related Threads
CAclubindia
