Income from other sources

Complete Guide to Income from Other Sources Under Indian Tax Laws winning from lottery is taxable under which head of income These winnings are taxed under section 115BBJ of the Income Tax Act, 1961 under the head of income 'Income from other Sources' in the ITR winning patterns in tambola taxed and reported under the heading income from other sources Here are a few typical examples of taxable awards: Wisden Cricketer Award

winning powerball ticket sold in sun valley income tax withholding from State lottery winnings is required under federal law ) Winnings During a Taxable Year Not Be Subject to Connecticut Income