Please Help: TAX LIABLITY
Posted Date : 15-Oct-2012 , 09:31:14 pm | Posted By ROHIT SAMI
If a girl receives Rs 20,00,000 for the settlement of her divorce and no case is filed in court,does this amount to any tax liablity.
If yes then under what head.
Regards
Rohit
If yes then under what head.
Regards
Rohit
Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 157
Answers
Answer By: Anmol Goyal
In my opinion should be taxable under the head IOS
Comments
Nikhil
18-Oct-2012 , 10:52:33 amyes the income is taxable under head Other sources..