Hi,
I have changed my job (previously TCS) in August 2015. I Transferred my PF in May 2016. As far i know PF is not taxable. But in my Form 26AS i see 800(10% of interest accumulated from September 2015 to March 2016) rupees deducted by TCS PF trust under 194A section. Picture https://oi67.tinypic.com/2irt9cl.jpg .
Is the deduction correct against PF interest?
If so,In ITR 1 where should i declare this interest? Is it under Income from Other Sources (Ensure to fill Sch TDS2).
What about 80TTA for this intrest?
CAclubindia
