When filling form 121 for PF claim (form 19), the income part is the most confusing part. From fields no. 9 to 13, you should mention your income details like PF amount, other incomes like FD interests, dividends, and annual income.
| Field 10 | The estimated income for which this declaration is made | PF amount | Ex: 70,000 |
| Field 11b | Amount for which you have submitted any Form 15G | FD interestsDividends etc | Nil |
| Field 12 | Aggregate amount of income for which Form 121s were filed | Field 10 + Field 11b | 70,000 + 0 = 70,000 |
| Field 13 | Estimated total income of the tax year | Field 12 + Annual income | 70,000 + 1,00,000 = 1,70,000 |
How to calculate annual income in a financial year:
It is your salary or any other income (business, rents, etc.).
Recommended : Sample filled form 121 for PF withdrawal.
FAQs
1. Can I include the pension amount along with the PF amount in field 10?
No, write only the PF amount, for the pension form 121 is not required.
2. What if my income is zero in the financial year 2026-2027?
Then, write only the PF amount as the estimated total income in field 13 of the Form 121.
3. What if I get a new job after withdrawing the PF amount along with the Form 121?
In that case, if your final salary in the FY 2026-27 reaches above the taxable slab limit of 2.5 lakhs, you should file ITR. Your withdrawn PF amount will be automatically shown in the income tax portal form 26AS.