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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
कैसीनो ब्लैकजैक और अधिक गेम खेल सकते हैं! ✅  Excited young african american man winning on internet lottery betting online on smartphone app Taxable income, Taxes owed $0 to $11,600, 10 winning wisconsin lottery numbers As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of

winning from lottery is taxable under which head of income There are certain casual incomes such as winning from lotteries, horse races, and other games of gambling or betting in nature which are taxed at a certain flat  Section 2 includes within the scope of the term 'income' any winnings from lotteries, crossword puzzles, races, card games and other  Income Tax on winning from Lottery Crossword Puzzles Games shows & Race Horses etc will be taxable under the head “Income from Other Sources”

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