Menu
Alimony money
Is alimony paid to spouse after divorce can be claimed as expenditure from salary income??
Replies (9)
No you cant claim
not possible as there is no provision for the same in income tax act 1961
No. Not even from any other head of income. It will be treated as a personal expenditure.
The spouse who receives alimony will have treat that income as "Income from Other sources". (gift from a Non Relative) & will be taxed if the total receipts in a Financial year Exceed Rs. 50,000/-
noooooooooooooo
No one type of expenditure can be claimed as deduction under the head of capital gain. Thus assessee can't claim any type personal exp from his salary. He has to pay tax on salary income.
this is a drawing or personal expenditure
Thanks to every one for replying.
I looked onInternet and found that in AMERICA u can claim the expense from your incomr. Sad to see that no such provision exist in Indian income tax
in america it is general exp. and here it is rare exp.
Very true vishnu
As in. America divorce are common from long ago
But in India this trend is new
Wait for 2_ 3 budgets it will be allowed😄
Recent Threads
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
Related Threads
CAclubindia
