winning from lottery is taxable under which head of income
How Taxes on Lottery Winnings Work
winning from lottery is taxable under which head of income
website winning from lottery is taxable under which head of income These winnings are taxed under section 115BBJ of the Income Tax Act, 1961 under the head of income 'Income from other Sources' in the ITR winning from lottery is taxable under which head of income Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no
winning from lottery is taxable under which head of income It includes interest income, rental income, dividends, gifts, lottery winnings, and more Is commission income taxable under this head? Yes, Compute taxable income under the head Income from other sources of Mrs X but except winnings from lottery or income from race horses] and having total income Income from house property: Under this head of income, rental income from real estate is taxable income, and lottery winnings Tax
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