Tax on Winning Game Shows & Lotteries

Tax on Lottery Winnings and Game Show Winnings in India winning from lottery income tax section Full tax gets deducted TDS @ 30% + cess at the time you receive lottery prize No question of advance tax payment As per sec 115BB tax on winning nh lottery numbers INCOME TAX ASSESSMENT ACT 1936 - SECT 26AJ Investment

winning slot machines in vegas Lottery wins are subject to a 30% TDS rate However, the TDS rate increases to % (including surcharge and