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winning from lottery is taxable under which head of income

winning from lottery is taxable under which head of income

Section 194B of Income Tax winning from lottery is taxable under which head of income Understanding Section 115BB of the Income Tax Act: Taxation of Winnings from Lotteries, Card Games, and Other Games of Chance · Applicability: 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,

winning patterns in tambola income-tax slab Let's read more about how winnings from game shows and lottery are taxed checkcibilBtn The money received from winning

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