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winning from lottery is taxable under which head of income

Income Tax Payable On Winnings From Game Shows, Puzzles and

winning from lottery is taxable under which head of income

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winning from lottery is taxable under which head of income

website winning from lottery is taxable under which head of income b) The salary of is taxable under the head 'Salaries' c) Expenses on purchasing lottery tickets are deducted out of lottery income d) Loss from lottery winning powerball ticket sold in sun valley The prize money so distributed falls within the meaning of “winning from any card game and other game of any sort” and therefore, under section

winning from lottery is taxable under which head of income Deductions from prize winnings from Lotteries and Crossword puzzles under section 194 B of the Income Tax Act, 1961 Deductions from winnings from Horse Races  How to calculate gambling duty ; 1 Totalisator betting in connection with horse racing, 25% x (Amount of bets received - Winnings paid out  taxable under the head 'Income from Business or Profession', but the income Winning from Lottery Winning from lottery, race etc is received, even

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