Menu
Taxability of lottery received from outside India
Is lottery amount received from outside India taxable in India?
Replies (4)
Quick Summary
Who received
it is depends upon case to case that is whether the receiving person is resident or non resident
it is depends upon case to case that is whether the receiving person is resident or non resident
The person receiving lottery amount is an individual senior citizen & wholly resident in India.
Than lottery amount will be taxable @ 30%
Lottery income taxed @ 30% plus cess
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
