winning from lottery is taxable under which head of income
Section 194B of Income Tax Act
winning from lottery is taxable under which head of income
website winning from lottery is taxable under which head of income Section 2 includes within the scope of the term 'income' any winnings from lotteries, crossword puzzles, races, card games and other winning lottery numbers for florida Who Should Pay Income Tax On The Prize Money? Any prize money received is taxable in the hands of the receiver under the head 'Income from Other Sources'
winning from lottery is taxable under which head of income Gambling winnings are fully taxable and you must report the income on your tax return Gambling income includes but isn't limited to winnings from lotteries Income that is not taxable You will not have to pay tax on: lottery winnings and other prizes; some government grants and payments; child support; the tax-free Which of the following is not taxable under the head ' income from other sources'? The rate of TDS from winning from lottery: a)30% b)33% c)10% d)20
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