What type of income is covered under winning from race horses, betting& gambling
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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
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