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

Read more
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

[email protected]

Read more
Answered on 5/04/13, 8:50 pm


Related Questions & Answers

More Family Law, Divorce, Child Custody and Adoption questions and answers in India