If some withdrawal is done from the EPF account, is it Taxable under IT rules?
If so, at what rete amunt will be taxed?
Navin Talati/12-05-2017
Menu
Taxability on withdrawal from epf
Replies (2)
NOT TAXABLE
https://www.epfindia.gov.in/site_docs/PDFs/Updates/TDS_FlowChart_Instructions_Eng.pdf
pls refer above link. EPF withdrawals are taxable if the withdrawal amount is > 30000 (now it has been raised to 50000) within 5 years
pls refer above link. EPF withdrawals are taxable if the withdrawal amount is > 30000 (now it has been raised to 50000) within 5 years
Recent Topic
- GST on Post-OC Installments – Payment Milest
- Sec-54F exemption and Carry forward losses
- FEMA treatment — USD gift from LRS-funded fo
- RSU and Schedule FA related
- ELIGIBILITY FOR COMPOSITION SCHEME
- Doubt regarding the purpose of Section 52(3) of Co
- 112 A Filling
- Long Term Capital Loss in ITR2
- LOAN INTEREST BENEFIT ON NEW TAX REGIME
- Retirement funds under new tax regime
Related Topics
CAclubindia
