Hi friends, one query... I hv requested for withdrawal of my PF amount with my old employer. I hv left job in the month of April, 2012 and didnt served 5 years there. So, withdrawl of PF is taxable in my hands. Just wanted to know in which year it will be taxable? in year of receipt or in year of actually amounts credited to my PF account.
I guess in year of when my PF amounts credited. Wat say.
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Withdrawl of pf amount and its taxability
Replies (2)
in the year of withdrawal...
but wait for expert's comment
Yes in the year of withdrawl
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