Employer used to deduct PF and 80 C Benefit was taken by the employee. Now after 5 yrs. the employee resigned and subsequently withdrew the balance from PF. Can anyone pls. suggest on the Income Tax Liabilty due to such act.
Employer used to deduct PF and 80 C Benefit was taken by the employee. Now after 5 yrs. the employee resigned and subsequently withdrew the balance from PF. Can anyone pls. suggest on the Income Tax Liabilty due to such act.