income from other sources
This query is : Resolved
13 July 2009
tax treatment of a car Rs. 500000 win as a lottery prize.would it be grossed up or not
13 July 2009
for taking winning car you must had paid cash value of TDS @ 30% on price of car.
The Gross price will be taxable. and TDS will be deducted from tax payable.
The Gross price will be taxable. and TDS will be deducted from tax payable.
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