Special tax on lottery prizes and betting

lottery income tax
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Lottery wins are subject to a 30% TDS rate However, the TDS rate increases to % (including surcharge and

INCOME TAX: Mere gratuitous distribution without any price being paid by customers for acquiring chance in Lucky draw of price coupons, would not amount to

lottery ticket 8_00 pm In this video we have discussed special taxation under income tax in case of Lottery or Game

lottery sambad 27 8 23 As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of