winning from lottery is taxable under which head of income
Types of Taxes
winning from lottery is taxable under which head of income
website winning from lottery is taxable under which head of income income-tax under a residuary head, , income from other sources 19 In It was held that such winning was taxable along with the income of the winning from lottery is taxable under which head of income The taxable income cannot be categorised under any other head of income Casual income includes winnings from lotteries, crossword
winning from lottery is taxable under which head of income to amend section 115BB of the Act to exclude income from winnings from This income shall be taxable under the head “income from other sources 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 It includes interest income, rental income, dividends, gifts, lottery winnings, and more Is commission income taxable under this head? Yes,