Civil Procedure Code (CPC)

Tax on one time alimony


Dear Friends , I would like to know the Income tax applicable / non applicable on one time permanent alimony received by wife upon Divorce decree by mutual consent.
 
Reply   
 
Lawyer

Arun ji settlemetn alimony is exeumpted from any kind of tax liability.

Will u give THANKS on my LCI profile for free advice?

 
Reply   
 



Thanks Adv.Bharat ji , Also guide me process for 1) receiving above alimony money by wife thru court. 2) how does court collects money fm husband and trf to wife , 3) how much time fram in general it takes for the court to pay to wife after divorce decree. 4) finally is there any tax on husband for paying alimony to wife. Thanks again for your cooperation again , Arun Jaiswal.
 
Reply   
 

LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  



 

  Search Forum








×

Menu

Post a Suggestion for LCI Team
Post a Legal Query
Civil Litigation Course     |    x