Income Tax Payable On Winnings From Game Shows, Puzzles and
Income Tax Payable On Winnings From Game Shows, Puzzles and
lottery tax in india
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Though the valuation of lottery tickets will be done as per valuation rule 31A of CGST Rules, for output GST liability However, any item
Income Tax and Surcharge etc if any, will be deducted at source Rule 3 of the Lotteries Rules, 2010, issued by the Government of India
lottery online ny The Minister further stated that vide Finance Act 2023, the rate in force is 30% This also includes winnings in kind or partly in cash and
lottery sambad 03 11 23 As per Section 194B of The Income-tax Act, 1961, if the prize money exceeds ₹10,000, then the winner will get the prize money after the