Pf withdrawal

190 views
User Avatar

147 Points Posted on 07 October 2020
please experts advice me regarding that

my friend has withdraw pf amount after 9 years of service.
where to show pf withdrawal income in which head.
0 Reply Share Follow
On 07 October 2020 at 09:23 Report
Replies (3)
Quick Summary
This discussion seeks expert advice on how to declare Provident Fund (PF) withdrawal income in an Income Tax Return (ITR) after nine years of service. The user believes that PF withdrawn after five years of service is exempt and is asking for the correct head under which to disclose this exempted income in the ITR.

User Avatar

12244 Points Posted on 07 October 2020
In my opinion, pf withdrawn after 5 years is exempted.
Reply
On 07 October 2020 at 09:58
User Avatar

147 Points Posted on 07 October 2020
Under which head in itr is require to disclose ?
Reply
On 07 October 2020 at 13:01
User Avatar

12244 Points Posted on 07 October 2020
Since it's exempted income the same may be disclosed in exempted income column
Reply
On 07 October 2020 at 13:09

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Updating form 10-ee and Schedule FA if there is ch
  2. Sale of property in SLUM area ....SRA
  3. GST applicability on Shipping charges
  4. Outstanding Demand in Income Tax: How To Respond?
  5. LTCG on property sale
  6. Capital gains incidence due to bonus shares
  7. Amendment of Object Clause of Memorandum
  8. How Can I Request a Refund for an Accidental Airte
  9. TDS on salary paid in cash
  10. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU

More recent discussions | Post

Related Topics :

Loading