I am a businessman . In a case u/s 125 crpc for maintenance , can I claim benefit of my PPF / Insurance deductions for reduction in maintenance amount ?
vidu (abc) 06 October 2009
I am a businessman . In a case u/s 125 crpc for maintenance , can I claim benefit of my PPF / Insurance deductions for reduction in maintenance amount ?
yogesh (will tell you later) 06 October 2009
Its not deduction and savings but its part of income one is making under mainatanece but I am not sure for recent updates
SANJEEV KUMAR (STUDENT) 07 October 2009
Maintenance u/s125 is not eligible for 80C deductions. Since it is houshold maintenance for wife which is living separ`ately
Guest (Guest) 07 October 2009
Not gross income but net income will be taken into consideration while awarding maintenance.
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