Query For Income Tax Purpose

my company is deducting Rs. 35K per month from my salary as per order by high court to give my wife (divorced case) from September 12 on wards. Company received a notice from High Court. My queries are:-
1. is it liable to show in any financial report of the company's book?
2. can i claim the income tax rebate on this?
Also please guide me on if any problem on companies.

I don't think you can claim tax exemption for the monthly alimony given to your ex-wife. However, the monthly alimony received will be treated as revenue receipts and taxable at the hands of the receipient.
Pon