divorce compensation

Anil Goel (Querist) 21 February 2011 This query is : Resolved
hello experts,

Whether any lump sum amount received by a lady by way of compensation (marriage exp. & Maintenance) after divorce in competent court of law is taxable in the hands of lady ?

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Parveen Kr. Aggarwal (Expert) 22 February 2011
Compensation cannot be said to be income of a person and as such, cannot be liable for payment of income tax.

soumitra basu (Expert) 15 March 2011
No income tax is payable.

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