dhould i file ITR

[Krijon M]

hi sir, i am getting 29000 per month in a govt. organization, my (only my) gpf came from 2019 to 2024 total amount nearly 8–9 lac, i am not coming under income tax slab and my same rank employees also not paying any income tax, only my gpf came after few years, other employees get yearly. Now i consult few people they telling if your money credited to ur bank account then do not do anything for taxaction,

but my department Clerks and accountants telling me to give 5k-10k we will consult Advocate otherwise we cease your account. you have to pay zero ITR. They are demending money from me. And also they are not giving my credentials that i should login and see my salary details.

What should i do? do i need to pay tax ?

[KALLESHAMURTHY MURTHY K.N.]

Sir, 

The IT is applicable on the interest earned towards contribution made above  Rs. 5-00 Lakhs ( up to 5-00 lakhs exempted). In your case, it seems that you are not liable for income tax. 

This is only for knowledge purposes, not legal advice. 

AI Summary

Taxability of GPF interest: exemption threshold applies and may leave the credited interest outside income tax liability. The question concerns filing an income-tax return for a delayed General Provident Fund disbursement credited to the bank and whether interest on that amount is taxable. The reply explains that interest on GPF contributions is taxable only to the extent it arises on contributions above the exemption threshold, and interest attributable to the exempt portion is not taxable, indicating the credited interest appears outside taxable income; the reply is informational only and notes alleged coercive demands by departmental staff.