Income Tax on winnings from Lottery, Game Shows, Puzzle

lottery tax india
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lottery winnings; remittance of Resident individuals can remit up to net salary after deduction of taxes

At the outset it needs to be stated that the question of levying of sales tax on sale of lottery tickets has been raised time and again  A lottery is a form of gambling which involves selling numbered tickets and giving prizes to the holders of numbers drawn at random Lotteries are outlawed

hut with chicken legs slot Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30% r shall disburse Prize Money for accepted genuine claim g necessary deduction of Income Tax etc That I am a bonafide citizen of India 2 That I am