winning from lottery is taxable under which head of income
Personal Income Tax
winning from lottery is taxable under which head of income
website winning from lottery is taxable under which head of income 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 winning patterns in tambola to amend section 115BB of the Act to exclude income from winnings from This income shall be taxable under the head “income from other sources
winning from lottery is taxable under which head of income A holder of a winning cash ticket from a Kentucky lottery game shall claim a under that subsection would be subject to an immediate income tax liability Winnings from a lottery have a flat % TDS applicable, including surcharge and cess under Section 194B So, winnings of Rs 1 crore will have Lottery winnings in India are taxed under a flat tax rate under Section 194B of the Income Tax Act, specifying 30% tax rate plus applicable cess
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