Deduction of Tax

[Guest]

Please tell..whether lump sum alimony amount received from husband is taxable in wife's hands

[Ganeshan Kalyani]

In my view, No Tds on compensation.

AI Summary

Alimony tax treatment: lump sum spousal payments are not subject to withholding and not taxable in recipient's hands. The operative view expressed is that a lump-sum payment characterised as compensation or alimony paid by a husband to his wife does not attract tax deduction at source; accordingly, no withholding is required on such receipts.