Legal Question in Family Law in India
I got an alimony of 17 lakhs from my ex husband is that taxable
Asked on 6/04/10, 9:49 pm
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
No, the maintenance amount is not taxable in the hands of the wife. However, any income earned on that money, e.g. interest or post-investment dividents may be taxable.
Answered on 6/06/10, 11:02 pm
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मेरे... Asked 6/04/10, 2:29 am in India Family Law, Divorce, Child Custody and Adoption