Tax on lucky draw winnings
Rishav (Sr. Executive) (35 Points)
19 March 2017Rishav (Sr. Executive) (35 Points)
19 March 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 19 March 2017
As per 26AS statement, you will have to declare the prize money in respective ITR, and offer to tax at 30% plus cess; which will neutralize the TDS credits!!!
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