Income us 194b lootery income

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Querist : Anonymous

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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.

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Querist : Anonymous

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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.


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