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.
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Alumni query
Replies (9)
Quick Summary
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 |  |
File ITR normal way with declaration of exempt ALIMONY received in single stroke.
| Originally posted by : Gabriel Bello | ||
|
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Sorry, I am not a featured member...
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Under which section I need to show
Declare it under Schedule EI 'others'.. as capital receipt.
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