Hi Members, justhave a basic question, the divorce was mutual and granted by court 5 years back. Now just as a mater or respect, 1L earstwile husband wants to pay ex-wife as onetime alimony. During divorce,no alimony was agreed and it was mutual, no issues. Now to avoid any Income tax issues later to ex-wife, any documentation needs to be done to avoid IT people taking this as Income and charging it to income tax to the benificiary? Like a notorized deed on non judicial paper simple declaring that this is one o0ne alimony as a gesture, please guide?
