This is Raj, I withdrawn PF last year ,when i need that very badly for personal need. the PF accumulation was around 2.6 lakh and whopping 85K tax/TDS lavied on that !!!
I am a software professional having overall 8+ years of Exp. As a normal practise , I am a regular tax payer but TDS on my PF is quiet unexpected and i couldn't digest that. The PF money comprise my last company itself ,where i spend 4.8 years. i used to pay 1 lakh Tax every year on my salary after adusting my all savings/investments. I mean to say i cant reimburse/adjust the TDS on my PF withdrawal where my salary belongs higher slab.
By anyway, can i get back my TDS of my PF ? if not 100% of that , atleast 60-70% of that. Kindly help me on this.