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Karnataka High Court

Share-Sale Proceeds Count Toward Maintenance Assessment

The Karnataka High Court has held that recurring proceeds from share sales may form part of a spouse’s income when fixing interim maintenance. Justice Lalitha Kanneganti examined tax returns showing annual receipts of roughly ₹20 lakh to ₹28 lakh from share disposals and rejected the husband’s attempt to exclude them from the assessment. The court increased monthly maintenance from ₹50,000 to ₹1.2 lakh from the family court’s order, while directing payment of ₹30,000 monthly for an earlier period when the wife’s employment circumstances differed. The husband must continue paying the child’s educational expenses and reimburse an unpaid academic year after receiving fee details. Arrears were ordered within four weeks. The wife’s petition was allowed and the husband’s challenge dismissed on 24 September 2026.

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