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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Treatment of alimony received by the assessee from her ...


Alimony from Ex-Spouse Falls Under Income Tax Act Section 56(2)(vi) for Tax Purposes With Specific Exceptions.

December 12, 2017

Case Laws     Income Tax     AT

Treatment of alimony received by the assessee from her ex-husband - scope of section 56(2)(vi) - in the definition of spouse, exspouse is also included except where there is an evidence that the payment is not made as a gift or an alimony but for some other consideration or by virtue of some other transaction - AT

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