Taxfree PF Withdrawal income – where to mention in ITR2 ?

POSTED BY Ramprakash ON July 14, 2012 2:21 pm COMMENTS (2)

Hi

I had switched jobs in Sep 2011 after being in the same organization for 7+ years. On resigning I had withdrawn my PF, which I received in my account in Dec 2011. I know this is tax free as I had completed 5+ years of continuous service.

Can some one tell me if this income (credit of PF) needs to be mentioned in filing IT Returns. If yes, where?

I am filing ITR2 Form.

Thanks
Ramprakash

2 replies on this article “Taxfree PF Withdrawal income – where to mention in ITR2 ?”

  1. Anil Bhatkar says:
    July 14, 2012 at 4:42 pm

    Hi Ramprakash,

    Where did you mention PF in IT2?

    Thanks in advance.

    -Anil

    Reply
    1. Ramprakash says:
      July 14, 2012 at 5:30 pm

      I have not mentioned it in ITR 2,as I am Not sure where to put it in. My best guess is to put it in the exempt sheet against ‘others’ category.

      Reply

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