Income us 194b lootery income

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 March 2014 IF A PERSON HAVING ONLY INCOME U/S 194B AND NOT HAVING OTHER INCOME SAY INCOME U/S 194B RS 105000 FOR AY 201415 CAN SLAB BENEFIT IS AVAILABLE OR IT WILL BE TAXABLE AT FLAT RATE OF 30% .

05 March 2014 it will be taxed flat at 30%. no slab rate benefit is available.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 March 2014 THANKS AND IF THERE IS LONG TERM CAPITAL GAIN FROM THE SALE OF SHOP AND THAT IS THE ONLY INCOME THEN SLAB BENEFIT IS AVAILABLE OR NOT .

05 March 2014 in such a case slab rate is available.


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details