Can anybody throw light on whether maintenance money is taxable or not?
Wife getting money from husband for house rent, electricity bill and kids school fees is counted for tax?
Please reply with Setcions if possible.
Thanks.
Can anybody throw light on whether maintenance money is taxable or not?
Wife getting money from husband for house rent, electricity bill and kids school fees is counted for tax?
Please reply with Setcions if possible.
Thanks.
M.Sheik Mohammed Ali (advocate) 26 December 2011
i believe that its not taxable.
Sanjeev (Lawyer) 26 December 2011
It would not be taxable in the hands of the wife as this is from the husbands Income and he would have already been paid tax on the same or would have included the same in the taxable income.
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