tds on winning lottery ticket
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 February 2010
i would like to ask you that how much percentage is charged for wininnig lottery ticket. for example a price would be one crore
10 February 2010
Present rate is 30 %. Pl see Part 11 of the first schedule of The Finance (no.2 ) Act,2009.
Also refer section 115 BB of the Income Tax Act,1961.
Also refer section 115 BB of the Income Tax Act,1961.
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10 February 2010
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