Taxation on compensation under mental harassment


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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2018 In a matrimonial lawsuit if Husband receives compensation from wife against the mental harassment he faced, can it be considered under taxable income ? Whatever he receives will be part of settlement agreement between both them and will be mentioned in the court order.

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 August 2018 Nobody knows the answer ?

28 September 2021 It will be treated as capital receipt ....... Not taxable.


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