banner_ad

PF WITHDRAWAL

Tax queries 1295 views 12 replies

Dear all,

 

Please tell me PF withdrawal is taxable or exempted...

One of My friend, withdraw his total PF . is it taxable or not.
 

Replies (12)

sir pls tell whether the payment is covered by EPF ACT 1912 or  its recognised pf or unrecognised pf

Yes it is covered under EPF Act, and employee has 7 years service in public limited company..
 

 it is not taxable.

withdrawal of PF is not taxable.

it is exempted fully

it is exempted 

Exempt u/s 10(12) read with part 8 of Schedule IV if covered by EPF Act, 1952

I am also agree it is not taxable 

Exempt u/s 10(12)of the income tax act.

 

Regards,

manoj

Originally posted by : sachin

it is exempted fully

It is  not taxable if the Member  is  continuously  been a member of   the Recognised PF fund for a min period of 5 yrs.

 

Thank you all
 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details