Amount from PF Trust - how to enter in itr

Hi Pankaj, I have a row in form 26AS under Part A - Details of Tax Deducted at Source as Name of the deductor : PF trust of my prev employer, Amount Paid or Credited : 143, TDS deducted : 44, TDS Deposited : 44.

Where should I fill this amount in the ITR 1 calculating excel utility provided by income tax India? Should I calculate anything from these figures and then enter?

asked Jul 19 '12 at 09:37 by Great 1112

You will have to split the EPF payment amount and show under different heads.

Payment received from employer’s contribution plus its interest would be taxable as "income from salaries". Interest on the employee’s contribution is taxable as "income from other sources". Amount received for employee contribution is exempt from tax.

TDS details should be entered in TDS sheet in ITR.

answered Jul 19 '12 at 09:53 by Pankaj Batra 5.2k320


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Asked: Jul 19 '12 at 09:37

Seen: 2,823 times

Last updated: Jul 19 '12 at 09:53