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ali money taxable or not?

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(Querist)
28 June 2016 can any one tell about ali money rs. 8 lakhs received by wife in the course of diverse is taxable or not?
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Jaymin Sabhaya

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Jaymin Sabhaya (Expert)
28 June 2016 Dear Sir,
it will be capital receipt and not taxable, for further information please follow the following link - - -
http://www.businesstoday.in/moneytoday/cover-story/alimony-after-divorce-time-of-payment-governs-taxable-or-not/story/192710.html
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Rupesh Jain

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Rupesh Jain (Expert)
28 June 2016 no its capital receipts, its not taxable.
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