Tag Archives: Alimony

Alimony received from Husband on Divorce Not taxable

Issue Whether 50% of the sale consideration received by the assessee with respect to the matrimonial house situated at 25, Mandeville Gardens, Calcutta was taxable in the hands of the assessee despite the fact that the Tribunal arrived at a finding that the said amount was paid on account of alimony?” Held It was on… Read More »