Maintenance to wife granted by court
Atush Jain (Asst. Professor) (162 Points)
11 August 2016Atush Jain (Asst. Professor) (162 Points)
11 August 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174168 Points)
Replied 11 August 2016
If its one time settlement, its a capital receipt and hence non-taxable.
If periodical, then yes, Taxable
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