Taxability of lottery received from outside India

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12 Points Posted on 21 July 2021
Is lottery amount received from outside India taxable in India?
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On 21 July 2021 at 21:18 Report
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This discussion clarifies the taxability of lottery winnings received from outside India for individuals residing in India. If you are a resident and a senior citizen who has received lottery income from overseas, it is subject to taxation in India at a rate of 30%, plus applicable cess.

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99 Points Posted on 21 July 2021
Who received

it is depends upon case to case that is whether the receiving person is resident or non resident
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On 21 July 2021 at 22:20
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12 Points Posted on 21 July 2021
The person receiving lottery amount is an individual senior citizen & wholly resident in India.
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On 21 July 2021 at 23:16
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Chartered Accountant
86505 Points Posted on 22 July 2021
Than lottery amount will be taxable @ 30%
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On 22 July 2021 at 06:41
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Chartered Accountant
24588 Points Posted on 22 July 2021
Lottery income taxed @ 30% plus cess
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On 22 July 2021 at 09:24

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