Income from winnigs from lotteries
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 February 2013
HOW THE INCOME FROM WINNINGS FROM LOTTERIES IS TAXED IN THIS ASSESSEMENT YEAR AND NEXT ASSESSEMENT YEAR. IS ANY DEDUCTIONS CAN BE AVAILED FROM THAT..
CA PARAS BAFNA
(Expert)
28 February 2013
No deduction can be claimed.
.
30.9 % Tax is payable on the Income.
.
.
30.9 % Tax is payable on the Income.
.
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