Please Help: TDS on PF

Posted Date : 01-Jun-2016 , 06:42:53 pm | Posted By Ashutosh Kumar Tripathi

Suppose an employee is eligible to withdraw Rs 300000 from P.F. account but he withdraws the same amount in 7 times. Withdrawal amount is below Rs 50000 every withdrawal. Whether TDS will be deducted in such a scenario?

Category : Income Tax | Answers : 0 | Comments : 1 | Hits : 235