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

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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

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 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

rajasthan royals (srl live score) Winnings from lotteries income of a person for taxation purposes Winnings from such sources fall under the head 'Income from other sources'  14 Heads of income 14A Expenditure incurred in relation to income not includible in total income A —Salaries 15