Claim Application for Prize of the Goa State Lotteries

lottery prize tax   Dan lottery sambd

lottery tickets is assessable as the income from business and not as the income from winnings When the assessee does not maintains the books of account

Winnings from lotteries or crossword puzzles are subject to Tax Deduction at Source under sections 194B and 194G of the Income Tax Act  Winning lottery does not invite taxes in UK directly however once the amount is submitted in bank as savings account, Income Tax is charged

sex with mitsuri lottery tickets is assessable as the income from business and not as the income from winnings When the assessee does not maintains the books of account The motor car won by you in the draw also falls in the category of lottery Payer of such income is required to deduct tax at a flat rate of