Income from kbc .....will be taxable under casual income ?
gurmeet kaur (article) (25 Points)
26 January 2020
kbc income charge under which head ?
3 Replies
Kapadia Pravin
(17264 Points)
Replied 26 January 2020
Income Tax @ 31.20% on Winnings from such TV Shows and Online Winnings.
Income earned from winning KBC Game Show, Big Boss, Nach Baliye, India's Got Talent, Fear Factor and other game shows is taxable at a flat rate of 30%.
TDS is @ 31.20%
Income is included under head Income from Other sources
Income earned from winning KBC Game Show, Big Boss, Nach Baliye, India's Got Talent, Fear Factor and other game shows is taxable at a flat rate of 30%.
TDS is @ 31.20%
Income is included under head Income from Other sources
Dr. Rajendrakumar N. Suryawans
(38 Points)
Replied 28 January 2020
It is taxable under the head Income From Other Sources.
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