PF Withdrawal is taxable
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PF Withdrawal
Replies (2)
withdrawl of PF is not taxable in the following situation: 1.on the death of employee, 2.on permanent disability of employee, 3. in case of non continus of business of employer, 4. on compleation of 5 years service in given case amount is fully taxable . if it was received under aforesaid cases
dear friend chinmay is right. it is taxable if does not fulfill the above criteria.
regards
tarun rustagi
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