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A Amount to be withheld The Lottery Department shall withhold Virginia income tax at the rate of % on the proceeds from any lottery prize in excess of

Simply put, Section 194B requires businesses or organizations distributing prizes to withhold income tax at the source before paying out The Centre on Thursday set up a single-member committee to probe the raft of allegations against

canada parents lottery Total no of lottery tickets is 35 No of prizes is 10 Therefore, 10 times out 35 a prize is won Let E be the event of drawing a services tax on lotteries on the ground that it is discriminatory and violative of Articles 14, 19, 301 and 304 of the Constitution