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winning from lottery is taxable under which head of income

winning from lottery is taxable under which head of income

Income Tax in India - How to File Income Tax Return? winning from lottery is taxable under which head of income Any income received as prize money from a lottery is taxed under the head 'Income from Other Sources' winner's total annual income falls winning numbers california lottery All such income are always taxed under the head “Income from other sources” as per section 56 According to the above clause, lottery

winning slot machines Section 2 includes within the scope of the term 'income' any winnings from lotteries, crossword puzzles, races, card games and other

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