Kerala: Lottery winner's journey from delight to dread

Four TN men win Kerala lottery but get prize only after a month kerala lottery prize tax Amounts won from a game show or lottery are taxable under Section 56 of the Income Tax Act, 1961 According to Section 194B winnings from lotteries, kerala lottery pending chart 2024 today prize money Interval between the draws Manner in which draw is conducted Amount of tax payable Page 6 5 Certificate I

kerala lottery result nr 388 At first, there will be a deduction of 10% of the total prize money that goes as commission to the lottery agents, followed by a 30% tax cut