What type of income is covered under winning from race horses, betting& gambling
Give send answers with images
Menu
winning from race horses, betting & gambling
Replies (6)
income-tax-rates-on-winnings-from-lottery-and-game-shows
They all are casual income and comes under IOS, flat TDS @ 30% is deducted on it
my question is -game-shows including kaun Binegar crore patients or not
Yes they all are taxed @ 30% flat
As it is also a casual income
Thanks rahul
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
