Understanding Section 115BB of the Income Tax Act
Under the I-T Act, for the computation of total income, the income of an assessee is classified into five different heads of income
Income Tax On Lottery Money: If You Win, How Much Tax Govt Will winning from lottery is taxable under which head of income
➡️【Mk.com】✅यह स्थान दिन के 24 घंटे खुला रहता है✅, जिसमें ब्लैकजैक, लिमिट और नो-लिमिट टेक्सास होल्डम, नो-लिमिट ईज़ी बैकारेट, थ्री कार्ड पोकर, पै गो पोकर और बहुत कुछ जैसे गेम उपलब्ध हैं। ✅ Under the I-T Act, for the computation of total income, the income of an assessee is classified into five different heads of income winning lottery tickets
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,
winning streak slot machine INCOME FROM OTHER SOURCES ◇ Winnings from lotteries, crossword puzzles, card games and other games, gambling or betting, races including horse races