Tag Archives: Tax on PF withdrawal

Provident Fund withdrawal taxability if 5 years service not completed

By | May 13, 2016

Section 10(12 ) of Income tax Act 1961 Provident Fund withdrawal taxability Income Tax Exemption to withdrawal from provident fund Under section 10(11) of the Income-tax Act, 1961 (‘the Act’) total exemption from tax is allowable on  “ any payment from a provident fund to which the Provident Funds Act, 1925 (19 of 1925), applies 1[or from any… Read More »