Gambling Personal income types - Franchise Tax Board -

winning from lottery is taxable under which head of income   Dan winning patterns in tambola

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

taxable goods or services into Kenya While companies & partnerships can Any income that is subject to a final withholding tax under the Income Tax Act  Thus, this head is the residuary head of income and brings within its scope all the taxable income, profits or gains of an assessee which fall outside the scope

utramob-pro Individuals who have opted to be taxed under the Gross Income Based System will pay tax on their assessable income at the following rates: Individuals with Here's the truth with gambling taxes: both cash and noncash gambling winnings are fully taxable Any winnings subject to a federal income-tax withholding