Supreme Court on Taxing Lotteries

tax rate on lottery winnings in india
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According to the Income Tax Act, 1961, any income by way of winnings from any lottery, crossword puzzle, card game, or other game of any sort is taxable under

Winnings from lotteries or crossword puzzles are subject to Tax Deduction at Source under sections 194B and 194G of the Income Tax Act

tax percentage on lottery winnings RBI Floating Rate Savings Bonds 2020 · Mutual Funds · InvestNow Remittance out of lottery winnings b) Remittance of income from racing

taxes paid on lottery winnings The rate for TDS is 10%, if PAN is furnished; and RBI: Beware of Fictitious OffersLottery WinningsCheap Fund Offers