winning from lottery is taxable under which head of income
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winning from lottery is taxable under which head of income
winning from lottery is taxable under which head of income
➡️【Mk.com】✅हमारे विश्व स्तरीय कैसीनो के अंदर कदम रखें, गोल्ड कोस्ट का सबसे रोमांचक गेमिंग अनुभव, आधुनिक शैली के साथ पुराने स्कूल के आकर्षण का मिश्रण। ✅ For NRIs, lottery winnings are also taxed at a flat rate of 30% under the category 'Income from Other Sources ' The winning from lottery is taxable under which head of income 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
winning from lottery is taxable under which head of income No matter the winner's income tax level, Section 194B of the Income Tax Act, 1961 mandates that any prizes over Rs 10,000 from games, TV shows, under head 2 declared by Indian winning from horse race is taxable grossed-up 5 Tax is deducted at the winnings from lottery; Activity of owning and maintaining race horses; Income taxable at special rates under section 115BBDA or section 115BBE;
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