Income from other sources

This query is : Resolved

vishal (Querist)
Follow

20 November 2015 whether income from sale of lottery tickets is taxable under 'income frim other source'?

Nikhil Kaushik (Expert)
Follow

20 November 2015 yes. it will come under income from other sources......

CS RAJESH C.CHOUDHARY (Expert)
Follow

21 November 2015 Yes It is taxable under the Head Income from other Source.

Nikhil Kaushik (Expert)
Follow

21 November 2015 oops. My mistake. I read it as income from lottery.

Yes, income from sale of lotteries will be covered under PGBP.

vishal (Querist)
Follow

21 November 2015 que is not related to earning from lottery but from 'selling lotter' assessee is seller ..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess