Easy Office
LCI Learning

Tax on lucy draw

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 August 2017 If someone won a car in lucy draw organised by his supplier than how it will be taxed ?
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
08 August 2017 It is charged@30%. Same is shown as income from other sources.
Profile Image

Satish Narayan ACMA

Profile Image

Satish Narayan ACMA (Expert)
09 August 2017 Agree with CA Rashmi Gandhi



Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
09 August 2017 Please read the writing in http://www.filereturn.com/tds-on-lottery-winnings-section-194b with particular reference to last sub heading.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links