ITR Filing 2024: FAQs and common Income Tax Return filing queries

income tax on lottery winnings in india
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India ß 1,800 Remuneration for examining answer-books from Kolkata University ß 2,400 Won a prize of ß 25,000 in Illustrated Weekly crossword

According to the Income Tax Act, 1961, any income by way of winnings from any lottery, crossword puzzle, card game, or other game of any sort is taxable under

income tax on lottery Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax,

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