agreement to live apart
This query is : Resolved
16 March 2009
money received by a wife as a consideration to live apart ( divorce)is taxable in the hads of wife or not ?
16 March 2009
Nope.
But it should be as it is regarded as a valid consideration under Contract, which makes the contract enforceable. Further, such expenditure of husband should be allowed as deduction.
But it should be as it is regarded as a valid consideration under Contract, which makes the contract enforceable. Further, such expenditure of husband should be allowed as deduction.
17 March 2009
In my opinion is it shouldn't be.
Since it is the alimony which is paid.
There is no area for deduction of such kind of personal expenditure.
Since it is the alimony which is paid.
There is no area for deduction of such kind of personal expenditure.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Reporting in TDS return
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Banking Related Issue
- Residential status of non resident
- ITR-3 File/Error Found
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
