What are the Heads of Income Under Income Tax Act?

winning from lottery is taxable under which head of income
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If you are a nonresident, Wisconsin Lottery winnings are taxable to Wisconsin If your Wisconsin gross income

Lottery winnings in India are taxed under a flat tax rate under Section 194B of the Income Tax Act, specifying 30% tax rate plus applicable cess

winning numbers georgia lottery Income from Other Sources · Dividends · Winnings · Interest received · Incomes not declared under the head Profits and Gains of Business or Profession · Gifts

winning lottery result Some examples of income from other sources include interest gained from bank deposits, winning in the lottery, or even any sum of money which is more than Rs