Table of Contents
Indian cricketer Yuzvendra Chahal and choreographer Dhanashree Verma have finalized their divorce, bringing an end to their high-profile marriage. The Bombay High Co🌺urt hurried the process through, waiving the six-month cooling-off period that is obligatory, as it was done through mutual consent. They reportedly were staying apꦚart from each other since June 2022, opening the door to a quick settlement.
As a part of the settlement, Chahal was consented to paying ₹4.75 crore as alimony to Dhanashree. The cricketer has already deposited ₹2.37 crore of the settled amount, and the rest will be pai🐲d after the divorce proceedings are complete.
Tax implications: Why Dhanashree will pay no tax on the alimony?
One of the important questions about this divorce was whether Dhanashree will have to pay tax on the ₹4.75 cꦜro♌re alimony she received. Legal experts have explained that she will not have to pay tax on this amount because it is being paid in a lump sum.
According to Indian taxation laws, alimony paid in a lump sum is considered a capital receipt and is exempt from taxation. If alimony, however, were paid on a regular basis—e.g., monthly or yearly—it would qualify as taxable income under the Income Tax Act. In Dhanashree’s case, her lump-sum settlement frees her from any tax liabilities on the payment.
Also READ: Punjab Kings batter Shashank Singh reveals his all-time ♐IPL XI; picks Yuzvendra Chahal as only s🅷pinner
Public speculation surrounding their separation
The breakup of the couple has resulted in widespread rumormongering and interest among followers and fans. Ambiguous social media statements by Dhanashree earlier 🥃created rumours of cheating or betrayal, but no actual proof has been forthcoming to advance such claims. Both individuals have avoided going public on why they broke up, opting instead to hold off on revealing private and dignified details.
