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Tax on PF Withdrawal URGENT!!!

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Old 24th September 2007, 11:47 AM
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Default Tax on PF Withdrawal URGENT!!!

Hi everyone,

I had withdrawn the PF amount when I left my first job where I worked for around an year. The PF account was with the govt and not the company trust. I got the PF amount of Rs.6300 credited to my bank account 3 months from then.

I came to know that PF amount was taxable since it was withdrawn in less than 5 years. Now, I need to info for filing returns.

1. whether the tax was deducted at source or not.
2. What part of the amount is taxable? (My contribution / Employer Contribution / Interest)
3. Where to fill this details in ITR-Form?

I havn't filed my returns because of this, which is pending with 2 months penalty interest.

I tried posting in many forums for last 1 month and I was unable to get solution for this. Hope I can get a solution here asap.

Thanks a lot in advance.
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