Alumni query

480 views 9 replies
If someone received alumni. Is it tax exempted. And do we need to file tax in the normal way as we do for salaried person.

or we are required to do something else.
Replies (9)

What is the amount received?

Some 25 lac

From whom you received it?

Its purpose? whether received it from university for higher education? 

Any amount of TDS deducted over it?

Sorry my bad Alimony not alumni
Originally posted by : Shivanshu Gupta
Sorry my bad Alimony not alumni

crying  surprise  broken heart

File ITR normal way with declaration of exempt ALIMONY received in single stroke.

Originally posted by : Gabriel Bello
We just have to be careful out there. I invested the sum of $ 305,000 in Bitcoin with a supposed crypto currency company I met online. Just after two months, my initial investment had increased from $501,950. This made me feel so good, as the investment grew rapidly in just two months. When I tried to make a withdrawal, my request was denied, all efforts to make withdrawal declined, then I realized I had been ripped off. Thanks to Hack West for helping me recover my money back.  HACKWEST at WRITEME  dot  COM is helping crypto scam victims recover stolen crypto coins  from scammers.

Sorry, I am not a featured member...

for featured member contact..

https://www.caclubindia.com/catalogue/featured.asp

 

Under which section I need to show

Declare it under Schedule EI 'others'..  as capital receipt.

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