Tax on superannuation withdraw

Tax queries 1508 views 1 replies

Hi Sir,
I have one question to ask. After working in a company for 6+ years, I joined a new company. My previous company had transferred my superannuation amount to my account after deducting minimal tax. Is that superannuation amount is taxable for my case? In two of your previous replies at one place you said it is taxable and another place you said it is not taxable as person completed 5 yrs in the same company. Can you please help me with this..as while filling ITR this year when I enter superannuation amount in another income, it calculates tax and shows me the balance tax to be paid.

Thanks much in advance.,
Akriti

Replies (1)
under section10 (13).... superannuation funds fully exempt from tax


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