TDS on PF - Service is more than 5 years with working in 2 different companies

Abhishek Harale

sir, my Service is more than 5 year with working in 2 different comany. and i want to withdrawl Amount 80000/- so i m applcable for TDS on that amount or not ?
3rd March 2021 From India, Chennai

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hr-revolution

Dear Abhishek Yes you can withdraw both PF, you just need to get your previous PF transferred to your last/recent PF account.
3rd March 2021 From India, New Delhi

Abhishek Harale

there is no tax for withdrawl please suggest about to select form - 31 or form 19 bcoz i m working in present company
3rd March 2021 From India, Chennai

Dhilip Msw

Dear Abhishek,
If you still working in the same company you can go for Form 31 (PF Advance) and you cannot select either Form 19 or Form 10 c. You can withdraw 75% of the total pf balance or 3 months wages which ever is lesser.
4th March 2021 From India, Chennai

Glidor

617

First of all you have to get the previous company PF transfer to your present number, than opt for form 31
if the employee is contributory, than form 19/10C settlement is not possible, as it get traced through aadhar seeded
4th March 2021

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TDS on PF - Service is more than 5 years with working in 2 different companies

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