Tax liability on PF withdrawal

Hi,

    Can someone please help me understand whether PF withdrawal is taxable or not under the below condition.

I left my job in Mar-2020 and has withdrawn full PF amount in May-2020. Since the PF a/c was 5+ yrs old, the PF withdrawal was tax exempted. I have again joined in May-2021, new PF number got created (under same UAN), PF amount got credited to this new PF account. I left my job in Apr-2022 and had withdrawn my full PF amount in Dec-2022 but 10% TDS was deducted by EPF while depositing the amount. Is my PF withdrawal taxable income in FY23 or Can I claim the tax refund on 10% tax deduction? Thanks in advance for your response.

Thanks

Mani

Replies (3)

It is taxable income...              

Sir, Thank you for your reply.

You are welcome.                    

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details