Tax on Lottery Winnings in India Section 194B of IT Act

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Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

Income Tax Act · Wealth Tax Act · Income Declaration Scheme 2016 Indirect Tax 0 Lottery Tax, 0 Total Income Tax, 15000 Rebate US 87A, 15000 Surcharge, 0

play national lottery online Income Tax Act · Wealth Tax Act · Income Declaration Scheme 2016 Indirect Tax 0 Lottery Tax, 0 Total Income Tax, 15000 Rebate US 87A, 15000 Surcharge, 0

lottery sambad night 6pm Section 194G deals with TDS on commission on sale of lottery tickets In this article, we will discuss section 194G of the Income Tax act