winning from lottery is taxable under which head of income
UNIT13 INCOME FROM OTHER SOURCES
winning from lottery is taxable under which head of income
website winning from lottery is taxable under which head of income According to the Income Tax Act, 1961, any income by way of winnings from any lottery, crossword puzzle, card game, or other game of any sort is taxable under winning powerball numbers for saturday july 6th 2024 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 Taxable winnings Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you A holder of a winning cash ticket from a Kentucky lottery game shall claim a under that subsection would be subject to an immediate income tax liability Under this section, TDS is deducted from any income earned as winnings The money earned from such game shows is taxable under the Head of
Unable to load receipt Availability
