Tax on winning from lotteries, crossword puzzles, races including

Income Tax 115bb of income tax act 115BB — Held, Yes By C N Vaze, Shailesh Kamdar, Chartered Accountants Reading Time 4 mins fiogf49gjkf0d 23 114 ITD 638 ACIT v Raghunath B lord of rahu Even if your total income is below the threshold, you cannot claim refund on the TDS deducted from a prize money as tax on such amount received from prize or

powerball jackpot after taxes tax regime where claiming Chapter VIA deductions are not allowed except Section 80CCD as per Section 115BAC of the Income Tax Act To