An assessee belongs to pay 20% tax slab. But in A.Y. 2015-16 he withdraws the amount of PF Rs. 331760/- from earlier employer, and TDS on the same is deducted Rs. 8421/- only.
what will be the tax effect of this transaction??
please help
Menu
Tax on the amount of withdrawal of pf
Replies (1)
Please check if the PF was for 5 yr employment or more...... You can check these links /experts/implications-of-income-tax-on-pf-withdrawal-1002299.asp and /forum/query-related-to-tax-on-pf-withdrawal-330125.asp
Recent Topic
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
- GST registration
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
- Presumptive taxation
Related Topics
CAclubindia
