Avinash G (CA Student) (138 Points)
18 January 2022Sir/Madam,
I want to know, as to how should I proceed with the Divorce Alimony of the Son paid by Mother in two installments, but never returned by son.
1st installment: ₹ 10,00,000 and second ₹ 25,00,000.
My question is. whether is it taxable in the hands of Mother or Son?
Kindly assist.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183108 Points)
Replied 18 January 2022
Treat it as gift from mother to Son (being paid his liability), no tax liability on either.
Avinash G
(CA Student)
(138 Points)
Replied 18 January 2022
| Originally posted by : Dhirajlal Rambhia | ||
 |
Treat it as gift from mother to Son (being paid his liability), no tax liability on either. |  |
Thank You sir.
CAclubindia
