And ‘Income’ connotes a periodical monetary return coming in with some ... Payer can claim tax deductions for payment of alimony? Savani from Cyril Amarchand Mangaldas says: "The alimony ...
The Maryland Supreme Court heard arguments as to whether an order denying pendente lite child support and alimony is appealable.
A tax return is a form filed with a tax authority ... but typical examples include contributions to retirement savings plans, alimony paid, and interest deductions on some loans.
A Last Word Much of the TCJA sunsets in 2025, reverting in 2026 to the rules that were in force until 2017, with one notable exception: alimony, which, under the current law, will continue to be ...
Transfers without consideration before divorce are generally exempt from tax. (Representational) Alimony, also known as maintenance, is financial support provided by one spouse to the other during ...
147 ITR 258 (Delhi), where the Delhi High Court clarified that a capital receipt without consideration does not attract tax," Chandwani said. On the other hand, periodic or monthly alimony ...
Indian cricketer, Yuzvendra Chahal and actor-choreographer, Dhanashree Verma were granted divorce by the family court on March 20, 2025. While their divorce has been finalised, reports suggest that ...