ALIMONY AND MAINTENANCE CHARGES
This query is : Resolved
02 August 2025
i Sharmila got divorce during Financial Year 2024-25 on following conditions :-
a) One House was bought by my husband in my name on loan and EMI was of Rs. 43000 per month and the terms were agreed that Mr. Husband shall transfer 70000/- per month to my account out of which 43000/- shall be transferred to bank as EMI and rest Rs. 27000/- shall be against monthly alimony and maintenace charges. It is pertinent to mention here that we have no child and all the amount received is for my own purpose.
There is no other term on which settlement has been decided to receive alimony
a) One House was bought by my husband in my name on loan and EMI was of Rs. 43000 per month and the terms were agreed that Mr. Husband shall transfer 70000/- per month to my account out of which 43000/- shall be transferred to bank as EMI and rest Rs. 27000/- shall be against monthly alimony and maintenace charges. It is pertinent to mention here that we have no child and all the amount received is for my own purpose.
There is no other term on which settlement has been decided to receive alimony
02 August 2025
Depends upon many other terms of settlement. Generally, advisable to clarify each aspect to avoid any future conflict/litigation.
04 August 2025
There is no other term
04 August 2025
Yes, clarify about the EMI charges paid by husband via divorcee's account.
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
OR add as source on Google news
- US CPA Course
- Balance sheet for ITR-3
- STCG vs LTCG mismatch in reports (Motilal Oswal Nasdaq 100 FoF).
- Misleading AIS data for increasing compliance
- Notice has been issued for wrong filling of place of supply in GSTR-1 return.
- TDS deducted US 194JB can file ITR US 44ada
- Freelance Business code
- 54F disallowance taxed at what rate
- TDS/TCS Claimed and Refund received in previous year
- ITR - 3 Technical glitch
- Cash deposit in individual account more than one crore in FY24-25
- Crumb Rubber
- HUF Gifts
- Need Help for US CPA
- Self assessment tax amount
- ITC Liability on Capital Goods on death of Proprietor (GTA)
- Subject: Clarification on Applicability of E-Invoicing and 30-Day Reporting Requirement under GST
- GOODS SENT TO INTERSTATE BRANCH FOR EXHIBITION ON DELIVERY CHALLAN & GOODS RETURN BACK
- TRUST QUERY INCOME APPLIED
- Credit from Office of Regional Provident Fund Commissioner
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
