Provident Fund

Tax planning 386 views 4 replies

Hi,

I took a break from by job and withdraw my Provident fund and pension balance of Rupees 1,67,000. What is the tax implication. Is it taxable. Do I have to show this in my income.

Thanks,

Sneha

Replies (4)

If you have withdrawn your PF before completion of 5 years of completion of service, then the PF amount is taxable in your hands.


Regards,

Devendra K

Originally posted by : Devendra

If you have withdrawn your PF before completion of 5 years of completion of service, then the PF amount is taxable in your hands.




Regards,

Devendra K

yes agreed               

yes it is taxable

Taxable -  if before completn of terms u hv withdrawn.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register