TDS and Income Tax rates on winnings from Lottery and Game Shows
TDS and Income Tax rates on winnings from Lottery and Game Shows
winning from lottery is taxable under which head of income
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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,
are chargeable to tax under Section 56 under the head 'ncome from other sources' 1 Special rate of Income-tax in case of winnings from lotteries, crossword
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