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Taxability of alemony

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(Querist)
14 October 2014 lum sum a alemony received after divorce whether taxable or not if its taxable then under which section
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@VaibhavJ

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@VaibhavJ (Expert)
14 October 2014 Hi,

Monthly alimony shall remain taxable and one-time alimony shall be treated as capital receipt and hence not taxable.

Thanks

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