From a taxability perspective, at the time of withdrawal of the PF accumulations, as per the provisions of Rule 8 of Part A of Fourth Schedule to the Income-tax Act, 1961, accumulated balance due and becoming payable to an employee participating in a recognized provident fund shall be excluded from the computation of his total income
From a taxability perspective, at the time of withdrawal of the PF accumulations, as per the provisions of Rule 8 of Part A of Fourth Schedule to the Income-tax Act, 1961, accumulated balance due and becoming payable to an employee participating in a recognized provident fund shall be excluded from the computation of his total income
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