Direct Tax including Tax Planning & Management AY 2020-21

income tax on lottery winnings in india
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Tax revenue from the sale of lottery tickets has been a major source of cent and removal of tax on the prize money Currently only lotteries run by

winnings from lottery; Activity of owning and maintaining race Copyright @ Income Tax Department, Ministry of Finance, Government of India

income tax slot Section 194B - Winnings from Lotteries, Crossword Puzzles etc Section 194C - Payment to ContractorSub-Contractor Section 194D -

income tax on lottery winnings in india Please be informed that the longer the time taken to notify the bank, the higher will be the risk of loss Beware of fictitious offers lottery winnings