https://www.taxtmi.com/caselaws?id=28173 Monthly alimony of Rs. 750 payable under a decree of nullity was income because it was a recurring, periodic receipt arising from a definite enforceable source and was not a casual or windfall payment, so it was liable to tax. The lump sum alimony of Rs. 25,000 was capital in nature because it was a single payment, not a periodic return, and was not shown to be a commutation of a pre-existing right to recurring income, so it was not taxable as income. The governing distinction was between periodic receipts from a definite source and a capital payment. en-us Thu, 15 Jul 1982 00:00:00 +0530 Fri, 19 Feb 2010 13:59:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28173 Monthly alimony of Rs. 750 payable under a decree of nullity was income because it was a recurring, periodic receipt arising from a definite enforceable source and was not a casual or windfall payment, so it was liable to tax. The lump sum alimony of Rs. 25,000 was capital in nature because it was a single payment, not a periodic return, and was not shown to be a commutation of a pre-existing right to recurring income, so it was not taxable as income. The governing distinction was between periodic receipts from a definite source and a capital payment. Case-Laws Income Tax Thu, 15 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28173