Income Tax & GST For Semester VIth of Calicut University

Tax Deducted at Source : What is TDS, Meaning, Rates tax on lottery winnings in india The Indian Income Tax Department provides various income tax return Other sources: Income from various sources such as lottery winnings, horse tax for winning lottery Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,

taxes lottery Section 115BBJ of the I-T Act applies to tax winnings from online games Schedule OS has