PF Contribution.. CiteLegal

jitendersyadav Started The Discussion:

Dear All, Is PF withdrwal is taxable ? Is it only in Trust or in PF Deptt. Also.? Plz let me know vt % deducted on withdrwal. Rgds/Jitender

malikjs -  Member Since: Oct 2008
Dear Mr Yadav
in my view it does not make any difference whether u have withdrawn PF from trust or
from P F dept.if you withdraw PF it will be added in your income and u will pay income tax
as per calculation of income tax.P F dept does not deduct any TDS and they pay u in full.
however if are withdrawing PF on supernuation than it is not taxable .
j s malik

pca -  Member Since: Oct 2008
Dear friends, Any payment from PF is fully exempt u/s 10(11) of IT Act, whether it is on superannuation or not. Regards,

malikjs -  Member Since: Oct 2008
dear if you draw Pf inbetween it is taxable but it is exempted from tax liablity when it is drawn on supernuation. tks j s malik


  • Do not post anything derogatory about any company or person.
  • Sharing articles from other websites should be done by posting a link to the original article.
  • To discuss sensitive issues create a pseudo/anonymous account.
  • Please avoid repeat posting your company profile - such accounts are removed automatically.
  • Found This Useful? +Vote Up This Via Google.  

    Why Vote? User validation is extremely important for good content to prosper.
    Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.

    Cite.Co helps people come together to solve each other's problems on all aspects of professional life.
    Share This Discussion:

    3M Users, 100K+ Documents & 450K+ Discussions

    About Us - Advertise - Contact Us - RSS   On Google+  
    All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
    Privacy Policy | Disclaimer | Terms Of Service
    Facebook Page | Follow Us On Twitter | Linkedin Network