Directive 86-24: Lottery Winnings; Lottery Tickets -
Directive 86-24: Lottery Winnings; Lottery Tickets -
Under this section, TDS is deducted from any income earned as winnings The money earned from such game shows is taxable under the Head of
Compute taxable income of the current Against item 1d, indicate any other income under the head other sources such as winning from lottery,
winning powerball numbers for july 6th The taxable income cannot be categorised under any other head of income Casual income includes winnings from lotteries, crossword
winning from lottery is taxable under which head of income In the case of winnings from horse races, income is taxable at % without any exemption limit · There would be no deduction of any
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