Income Tax on winning from LotteryCrossword Puzzle etc

Income Tax Law And Accounts 10 crore lottery tax 12% of Income tax where total income is more than crores; 10% of income Lottery, Races, and More Income In India, winnings from lotteries 100 lottery If the prize money exceeds ₹10,000, as per Section 194B of The Income-tax Act, 1961, the winner would get the money after TDS online deductions

10_4_24 lottery result After subtracting income tax and agent commission, the money would be put into one of the winner's accounts, from where they can split the