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Taxability of lottery received from outside India
Is lottery amount received from outside India taxable in India?
Replies (4)
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
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