Section 194B of Income Tax Act

Income from winnings of a lottery, horse race, gambling, etc under the head of other sources Both short and long-term capital gainslosses

All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,

lottery 1pm today winnings, ensure that tax has been paid in respect of such winnings Income Tax Calculator · Sensex · Nifty · ITR Forms · Income Tax Slabs fy

lottery santo domingo In this part of our TDS series, we will discuss the concept of 2 important sections of the tax deduction, which are: TDS on Winnings from