Alimony
This query is : Resolved
12 March 2014
Dear sir,
Please tell me whether the alimony amount is taxable in the hands of spouse if she is receiving alimony every month?
Thank you
Please tell me whether the alimony amount is taxable in the hands of spouse if she is receiving alimony every month?
Thank you
12 March 2014
in my opinion it is not taxable as it is in the nature of Capital Receipt
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