Section 10(11) or 10(12) of exempted income

ITR 44 views 1 replies

Amount withdrawn from EPF account after retirement, it is exempted income.

Which section to use to report this under exempted income in ITR1 section 10(11) or 10(12).

Please guide on this.

 

Replies (1)

For EPF withdrawals after retirement (after five years of service), select Section 10(12) Recognised Provident Fund received in the exempt incomes section of ITR1.


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