ali money taxable or not?
This query is : Resolved
CA. Dipesh patel
(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?
Jaymin Sabhaya
(Expert)
28 June 2016
Dear Sir,
it will be capital receipt and not taxable, for further information please follow the following link - - -
https://www.businesstoday.in/moneytoday/cover-story/alimony-after-divorce-time-of-payment-governs-taxable-or-not/story/192710.html
it will be capital receipt and not taxable, for further information please follow the following link - - -
https://www.businesstoday.in/moneytoday/cover-story/alimony-after-divorce-time-of-payment-governs-taxable-or-not/story/192710.html
Rupesh Jain
(Expert)
28 June 2016
no its capital receipts, its not taxable.
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