Here's everything you need to know about the tax implications of alimony in India. Lump-Sum Alimony: When alimony is paid as a one-time lump sum, it is considered a capital receipt and is not ...
The notice also states, If you want to file an updated return by reducing your claim, this is the right time to do it, Abhishek Murali, President, All India Tax Payers’ Association said.
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