Legal Question in Family Law in India

Is my full and final settlement alimony at the time of divorce decree taxable income for me?


Asked on 11/25/09, 2:43 pm

2 Answers from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in case the tax has already been deducted at source, it is not taxable.

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Answered on 11/26/09, 12:37 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

no lumpsum alimony will not be taxed. However when you invest the same the returns if they cross exemption limits will be taxable.

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Answered on 11/28/09, 10:33 am


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