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i have not read anywhere if pf accumulation is more than five years no tax will be payable on it .if anyone has confident or has some ruling pls forward ruling.
in my view all pf withdrawn before supernuation is taxable.
j s malik
From India, Delhi
arun bhardwajMahesh Padmanabhan answers, PF withdrawal is not taxable only if a person has been in continuos service for 5 years. In your case if you have had PF balance from your previous employer then such balance should have been transferred from your previous employer to your current employer and the period of service of both employers would need to be aggregated to check if you have completed 5 years of continuous service.
From India, Dehra Dun