Won Rs 1 crore, Rs 1 lakh or Rs 1000 from lottery, competition

income tax on lottery
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Proceeds of lottery prizes shall be subject to Kentucky state income tax Any attachments, garnishments, or executions authorized and issued pursuant to

Such gains are subject to taxation under the Income from Other Sources heading Taxes that are due must be paid, or else fines and legal

income tax on lottery As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

income tax on lottery winnings in india Proceeds of lottery prizes shall be subject to Kentucky state income tax Any attachments, garnishments, or executions authorized and issued pursuant to