Receipt of Provident Fund

273 views 5 replies
What will be the tax treatment of amount of provident fund received after retirement? How to disclose the same in income tax return?Plz guide.
Replies (5)

tax-on-provident-fund

pf-balance-withdrawal-incometax

Thank you sir for your reply. I read the article. Just to confirm so assessee is not require to disclose amount of PF received after retirement anywhere in IT return. Am I right sir? Plz guide.

Better to disclose in Schedule 'Exempt Income'...

Thank you sir for the reply. Kindly guide PF amount received from EPFO will be considered under section Section 10(11) for Statutory Provident Fund or Section 10(12) for Recognized Provident Fund.?
It would be exempt u/s 10(11) of the Act.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register