PF withdrawal

Is this taxable if yes then which head?
Replies (3)
Quick Summary
This discussion clarifies the taxability of Provident Fund (PF) withdrawals. Generally, withdrawals made after five years of continuous service are entirely tax-exempt. However, withdrawals made before five years are subject to tax, with the taxability depending on whether you claimed deductions under Section 80C for your employee contributions.

Envision you can make any FIFA 21 crew that you want without any confinements. That is conceivable. We'll disclose fifa 21 free coins to you exactly what sort of opportunity it will give you, the manner in which it works, and all the points of interest and cons of utilizing our FIFA 21 Hack instrument.

Salary head itself
Taxability of withdrawal of Employees Provident Fund :

1)... If Withdrawal After 5 years of continuous service, than totally exempt (Employee’s Contribution + Employer’s Contribution interest earned)

2)...If Withdrawal before 5 years of continuous service, than

(i)Employee’s Contribution: Deduction u/s 80C availed at the time of investment- Taxable as Income from Salary.
Deduction u/s 80C not availed at the time of investment- Not Taxable

(ii)Employer’s Contribution : Taxable as ‘Income from Salary

(iii)Entire Interest Amount : Taxable as ‘Income from other sources

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details