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  • January 31, 2023

[Opinion] Pre-Budget 2023 – Eliminate Tax on Alimony

Authored by Dr Hemant O Sharma – CA, PhD, Hardayal Singh – CCIT, Retired Ombudsman Income-Tax & Gopal C Mehta – Advocate High Court Table of Contents Prologue Facts in Maheshwari Devi’s case 1. Alimony, a personal payment but not income 2. Alimony, not a “sum received without consideration” 3. Alimony, not taxable even if […]

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