If i won on a lotto ticket and had to pay state and federal tax do i get it
If i won on a lotto ticket and had to pay state and federal tax do i get it
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Therefore, no tax is to be deducted where the amount of winning from each lottery, crossword puzzle, card game, etc does not exceed ₹ 10,000
TDS refund can be claimed by individuals on the online e-filing portal of the Income Tax Department The TDS refund will be processed by the The winnings from the games need to be more than Rs 10,000 If someone has won a game, a competition, or a lottery, they will have to know about Section 194B
overheaddeur slot Can you claim a refund on taxes paid for lottery winnings? No, the TDS paid for winnings from lotteries and game shows are non-refundable No surcharge, education cess or SHEC shall be added to the above rates Hence, tax will be deducted at source at the basic rate · The rate of TDS will be 20% in
