Prize received on unsold lottery tickets by lottery stockist shall be

winning from lottery is taxable under which head of income   Dan winning powerball numbers for july 6th 2024

The following are some taxable income sources under the head 'income from other sources-' Dividends from companies; Winnings from

Winnings from lotteries income of a person for taxation purposes Winnings from such sources fall under the head 'Income from other sources'  The prize money so distributed falls within the meaning of “winning from any card game and other game of any sort” and therefore, under section

kl chart 2024 jan to dec Such gains are subject to taxation under the Income from Other Sources heading income tax on lottery winnings in india · tax on INCOME UNDER THE HEAD 'INCOME FROM OTHER SOURCES' Winning from Horse Race ` 38,500 4,95,000 12,32,000 Gross Taxable Casual Receipts ` 17,65,500 Winning