Hi,
IN this financial year, I have salary component and winning from lottery (Dream11) too. So can I know which ITR forms I should fill for these two. I know for salary its ITR1.
Thanks in Advance.
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Itr form for salary and winning from lottery
Replies (5)
u can file ITR-2
and the winning from lotteries taxable @ 30% flat
and u can show winning from lotteries @ Schedule OS >> 1 >> d >> 1 >> Winnings from lotteries, crossword puzzles etc.
thanks. One more question; do i need to file both ITR1 and ITR2? or salary and winnings from lottery both can be filed through ITR-2?
file ITR2 only
both the income can be shown in ITR2
File only ITR2, it has all the required components including salary, house property and lottery and capital gains and bank interest etc.
I won lottery in rajasthan patrika rs. 619000 lak and pay 30% tax rs. 185700
and my salary net income is 470000/- only
how I fill income tax return
and my salary net income is 470000/- only
how I fill income tax return
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