Legal Question in Family Law in India
I will get the demand draft of my divorse settlement Amt
Rs. 15 lakhs (mutually aggreed amount throught the court process), is amount taxable?
Asked on 5/03/13, 4:02 am
2 Answers from Attorneys
dear client it is not legal question. u have to consult with tax practitioner for that. for any legal help call me on 9422611385
ADV PRASAD PATIL
Answered on 5/04/13, 1:41 am
Better to consult any tax lawyer in your region.
As per my knowledge (not sure), it will be taxable.
Good Luck
Regards
Answered on 5/04/13, 8:50 pm