Prize received on unsold lottery tickets by lottery stockist shall be
Prize received on unsold lottery tickets by lottery stockist shall be
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The tax shall be withheld on the entire amount of the prize, not merely the amount in excess of $5,000 The tax must be withheld by the Lottery Department on
According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated These lotteries generate revenue for the government, and there are different rates of taxation based on the type of ticket purchased If you win
daftar judi slot terbaru The tax shall be withheld on the entire amount of the prize, not merely the amount in excess of $5,000 The tax must be withheld by the Lottery Department on lottery winnings; remittance of income from racingriding, etc , or any other hobby; remittance for purchase of lottery tickets, banned proscribed
