PF TDS deduction in provident fund claims settlement (Form-19), to be approved by concerned approver (AO/APFC) of the claim.
Employees’ Provident Fund Organisation
(Ministry of Labour & Employment , Govt. Of India)
Bhavishya Nidhi Bhawan , 14-Bhikaiji Cama Place, New Dclhi-110066
No. WSU/6(1)2016/Finance Bill 2016/IT/12859 Dated: 23.08.2016
To
All ACCs (Zones)
All RPFC/OICs of
ROs/SROs.
Sub: Deduction of income tax (TDS) on provident fund withdrawal – Instructions thereof.
Ref: (1) Head Office circular No. WSU/6(1)2011/IT/Vol-IV/5931 dt. 21.05.2015 (at Sl. No. 110 of ‘Office orders & circulars’ for 2015-16)
(2) Head Office circular No. WSU/6(1)2016/Finance Bill 2016/IT/4376 dt 30.05.2016 (at Sl. No. 109 of ‘Office orders & circulars’ for 2016-17)
Sir/Madam,
Please refer to the above referred circulars of Head Office.
2. In para 5 of Head Office circular dated 05.2015 cited at (1) above, it was instructed that in the cases of provident, fund withdrawal (Form-19) wherever TDS has to be deducted @10%, the same may be approved on Form-19 by the APFC (Accounts) and wherever TDS @34.608%, it shall be approved on Form-19 by RPFC level officer.
3. The issue has been reviewed at Head Office and it has been decided that henceforth all the cases of TDS (including 10% as well as 34.608%), in the process of settlement of provident fund claims (Form-19), shall be approved by the concerned approver (AO/APFC) of the claim.
4. This has approval of Central F. Commissioner.
Yours faithfully
(Sanjay Kumar)
RPFC-I (F&A)
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