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Tax on PF withdrawal

Tax queries 2180 views 3 replies

Bon

Confidential

24 Points Joined March 2009

Hi,

I was with an organization from Aug 2000 to Aug 2007. The PF was managed by a trust over there. I did not get my PF transferred to my new organization and there is no PF deducted from my salary in my current organization (working since Aug 2007). Here are my queries:

- Can I withdraw PF from my previous organization

- Will I have to pay any tax for the withdrawn amount

Thanks!

Replies (3)

Guest

As per my knowledge withdrawal from PF is Not Taxable

>>Rajesh

CA CS VINAYAK PATIL

CHARTERED ACCOUNTANT

921 Points Joined February 2009

Originally posted by :Bon
"	Hi, I was with an organization from Aug 2000 to Aug 2007. The PF was managed by a trust over there. I did not get my PF transferred to my new organization and there is no PF deducted from my salary in my current organization (working since Aug 2007). Here are my queries: - Can I withdraw PF from my previous organization - Will I have to pay any tax for the withdrawn amount Thanks!	"