Availing income tax benefits in matter of divorce

in your case there is no specific provision to grant you exemption.

But you can show these expenses as your personal expenses/ drawings so ultimately these expenses are ALLOWED to you and result into lowering your net profit.

Moreover as per Clubbing provisions (section 64 ) the money which you have given to your wife as part of DIVORCE AGREEMENT SHALL NOT BE INCLUDED IN YOUR HAND.

SO RELAX , IT WILL NOT CREATE ADDITIONAL TAX LIABILITY ON YOU...YOU CAN CLAIM  IT AS  PERSONAL EXPENSES.

Nothing will be allowed under Income tax Act

Thanks Mr Aditya Sharma.

Please explain the following "Moreover as per Clubbing provisions (section 64 ) the money which you have given to your wife as part of DIVORCE AGREEMENT SHALL NOT BE INCLUDED IN YOUR HAND.SO RELAX , IT WILL NOT CREATE ADDITIONAL TAX LIABILITY ON YOU...YOU CAN CLAIM  IT AS  PERSONAL EXPENSES." in layman terms.

You may like to explain by touching upon following questions:

(a) How to claim it as personal expense since I am a salaried person?

(b) Can total monthly maintenace amount paid in a financial year be reduced from total taxable income?How to reflect this in ITR2 return?

Mr Z thanks for your response.

sorry...nothing will be allowed...you will have to pay tax on your income whether or not you pay to your wife money.