Question on EPF Withdrawal Taxability

POSTED BY ashish2700 ON December 17, 2013 12:11 pm ONE COMMENT

Hi

I had applied for EPF withdrawal and received the same in Dec 2013. Period of Employment with Organisation A – Aug 2005 to Feb 2008. Period of Employment with Organisation B – Feb 2008 to Dec 2011.

I had transferred the EPF of Organisation A to Organisation B and the same has been done also by EPFO.

Now Total Continuous Service in both the Organisation is 6 Years 4 months till dec 2011 and now in October 2013 I had applied for EPF withdrawal and received the amount in December 2013.

Kindly Suggest whether any tax liability accrues on me.

regards

Ashish Sharma

One reply on this article “Question on EPF Withdrawal Taxability”

  1. ashalanshu says:

    Dear Ashish, the amount is taxfree as total service period is more than 5Y.

    thanks

    Ashal

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