banner_ad

TDS in Previous company's PF

197 views 2 replies
Dear experts,

i left my previous organisation in 2017. finally they transferred the PFs to my current PF account this year in 2019 under same UAN.

While filing ITR, I could see the tax deduction entry on interest of transferred amount. I am not sure why .
Do i need to pay tax for the amount i didn't withdraw?
As per my understanding, i had to pay if i would have withdrawn the amount.

kindly help. Thank you.

Regards,
Nilesh Mishra
Replies (2)

The TDS seems to be on interest earned during last two years which is considered as unemployed period. So, you will have to  pay tax over the interest amount.

Tax is required to be paid on the interest earned between the end of first employment and start of second employment. EPFO might have deducted only 10% tax on the interest earned but you will need to add that entire interest in income and pay tax.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details