Casual income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 September 2013
Amt won from lottery 7500 amount spent to purchase lottery ticket 17500 amt chargeble to tax???
29 September 2013
No deduction allowable for casual income, it is fully taxable
29 September 2013
Agree with Experts,
No deduction in case of Casual Income...
No deduction in case of Casual Income...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst on travel by air for business purposes
- CLOSING STOCK QUERY
- F&O reporting in ITR
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- 44AD, 44ADA business details
- Short Term Gain Reporting ITR
- DUE DATE FOR ITR FILING
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- GST ISD Query on various AMCs
- Gst reverse charge mechanism to be claimed in the month of payment
- Itr processing refund
- U/S 194 T
- TDS refund Indemnity Bond
- ITC BENEFIT ON BROKRAGE PAID
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
