The way Lottery Winnings are Taxed in India -

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winnings from lottery;; activity of owning and maintaining race horses Copyright @ Income Tax Department, Ministry of Finance, Government of India

Jana Small Finance Bank is a leading digitized bank regulated by the Reserve Bank of India The Bank is headquartered in Bengaluru, India serving all At present, income by way of winnings from any lottery or crossword Mastering TDS Compliance: Navigating India's Tax Deduction Maze

poker jakarta 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 In the case of winnings from horse races, income is taxable at % without any exemption limit · There would be no deduction of any