Description: Suppose a client named Mrs. Richa Sehgal walks into your office mid-divorce. She has been offered a settlement by her husband’s lawyers: Rs. 45 lakhs in cash up front, the transfer of a residential flat purchased in 2008, and Rs. 30,000 per month going forward. She wants to know one thing — how much of this will she have to pay tax on?
Category: News
Tag: Income Tax Act 2025