Hi,
I worked for an Organization (with their own PF Trust) from 1st dec 2006 to 7 nov 2011. After leaving the job (for personal reasons), i applied for withdrawal of PF in may 2012 and got both the PF as well as EPS portion in next 2 months
Since, my employment was less than 5 years, tax @ 30% was deducted by my employer on PF part as well as by the Income Tax department on EPS part. As of now i am not working any where (unfortunately). my questions are
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Can i reclaim the tax deducted by my employer next year while filing Tax for FY 2012-2013? I just checked my Form 26 AS and my previous employer has deducted TDS showing the PF amt as Salary which means that they will be providing Form 16 for that also? what will be the dates of employment on that form 16(just curious)?
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Similarly, can i reclaim my tax deducted by IT dept on EPS part? Will they be giving me an separate form 16 for the TDS they have deducted on EPS? is there an separate procedure to do this? remember my previous org has an PF trust
Can anyone please elaborate on this and let me know what is the procedure for these two scenarios?
Regards