Question ID :
24201
NRI EPF WITHDRAWAL
An individual having NRI status for FY 16-17 has withdrawn EPF benefits Rs.4 lakhs after 7 Years of contributions and 10 years of membership . The EPF withdrawal is an exempted income, since done after 5 years of contribution. He has Rs.20000 as interest from savings bank accounts.
Should he file the IT return, if so where to declare the EPF withdrawal under which head.
Kindly quote the relevant section.
Posted by
BARATHIDASON R
on
Oct 05, 2017
Filed Under
MISC.