Related PF amount after 7 years of service

Dear Sir,

Yes PF amount received after completion of continous 5 years of service then it is exempt from tax. Under ITR-1, show it under exempt income column u/s 10(11).

Thanks

Hi

Yes, such withdrawal is exempt. You need to report it under exempt income in ITR.

After 5 years of continuous service PF amount is not taxable. This can be disclosed under exempt income in the ITR.

Regards,

Nikhil.

Dear Sir,

Hope you are doing well !

If PF withdrawal is after 5 years then it is exempt from tax. You can still show it Income Tax Form under exempt income section like we show PPF Interest in itr 2(exempt income).

Thanks & Regards,

Payal Chhajed

No, PF withdrawal after 5 years is not taxable. However, you will have to show it in your ITR under the head exempt income.

PF amount received after completion of 5 years of service is exempted from Tax. This can be shown under the option: "Details of Exempt Income (others option) " in the ITR 1 or ITR 2 as applicable..

If you receive PF amount after 5years of service the same is exempted. You need to disclose the same under exempted category of incomes in your ITR.

Hi

Yes this will be exempt Income,Declare these under Exempt Income head in ITR.

PF received after five years of service is exempt and you can show it in ITR under exempt income.

It is exempted income can show you on exempted income sheet of ITR