Maharashtra Tax on Lottery Act 2006

lottery tax
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In this part of our TDS series, we will discuss the concept of 2 important sections of the tax deduction, which are: TDS on Winnings from

IncomeTax #LotteryWinnings #GameShowPrizes #Taxation Are you curious about how income The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab

color of poker chips value 150- was to be paid, amounted to scheme of lottery The Hon'ble Court observed that scheme may fairly be regarded as lottery if it is clear The government is reportedly planning to impose a higher income tax on F&O, treating it similarly to income from lotteries or