Income Tax on winning from LotteryCrossword Puzzle etc

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Under the provision of section 194B of the IT Act, 1961 the TDS rate for any income earned by way of winnings from crossword puzzles, lotteries,

As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of Section 194B of the Income Tax Act applies to TDS deductions from the income earned from winning the lotteries Learn about deductions, penalties, and more

no download free slot games Lottery expenditures dip sharply again at the absolute bottom of the income distribution, likely in part because money is tight enough to make Taxability of winnings received from betting or lottery