Tax on Lottery Winnings and Game Show Winnings in India
Tax on Lottery Winnings and Game Show Winnings in India
winning from lottery is taxable under which head of income
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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
The prize money so distributed falls within the meaning of “winning from any card game and other game of any sort” and therefore, under section
winning lottery numbers olg The liability for deduction of income-tax at source under Section 194B of the Income-tax Act, 1961 , rests with the petitioner and the
winning lottery numbers pa Under Section 194B of the Income Tax Act, TDS will be deducted when the income is earned from the winning lotteries, card games, quiz shows, card games,