Please tell..whether lump sum alimony amount received from husband is taxable in wife's hands
Deduction of Tax
Guest
Lump Sum Alimony from Husband Not Subject to Tax Deduction at Source, Says Participant. A user inquired whether a lump sum alimony amount received from a husband is taxable in the wife's hands. The response provided by another participant suggested that, in their opinion, no tax deduction at source (TDS) applies to such compensation. (AI Summary)
TaxTMI
TaxTMI