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Circular On TDS For Payment Of Provident Fund - The Employees Provident Funds and Miscellaneous Provisions Act, 1952

EPFO vide circular No. WSU/6(1)2019/TDS drawn attention to all Addl. CPFC of Zones and all regional P.F commissioners/OIC of regional office that accumulated balance due and payable to the employee is not liable for TDS under Section 192A of Income Tax Act, 1961 on the situations that a) if he has rendered continuous service with his employer for a period of five years or more or b) if he though he has not rendered such continuous service, the service has been terminated by reason of i) the employees ill health or ii) by the contraction or discontinuance of the employers business or iii) or other cause beyond the control of employee or c) if on cessation of his employment the employee obtains employment with any other employer to the extent amount of such accumulated balance is transferred to his individual account in any recognised provident fund maintained by other such employer. The period of continuous services is counted for the purpose mentioned above under (a) & (b) above


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