Income tax on Lottery Income from Abroad

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This query is : Resolved

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A client received lottery winnings in US dollars from Singapore and deposited the converted amount into their Indian bank account. The query concerns how to declare this income on their Indian tax return, specifically whether it can be shown as 'Other Income' under 'Income from Other Sources' or must be declared as 'Winning from Lottery ticket'. The discussion confirms it should be shown under 'Income from Other Sources' as winnings from a lottery, and a validation error in the ITR was resolved by correctly specifying the income period.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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18 November 2020 Dear Sir,

One of my client has earned lottery income in dollars of Rs. 1 lac from Singapore in FY. 2019-20 and has converted that amount into Indian rupees and deposited into bank.

Can I show this amount as Other Income under the head Income from Other Sources instead of showing as Winning from Lottery ticket as his Total Income is more than 40 lacs and he will be paying 30% tax on his entire income.

Please help me in this regard.

Regards,
Divyesh Jain

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 November 2020 Show it under income from other sources under winning for lottery.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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18 November 2020 Ok, Thank you Sir. I was getting a validation error in the ITR for Other Source income which got removed once I selected the period in which lottery income was earned.

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