Section 194B of Income Tax Act
When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal
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winning from lottery Income from other sources : Lottery winnings Loss from card game 10,00,000 2,50,000 10,00,000 Total income Note : 1 No loss can
how much does it cost to play the postcode lottery You can try to win big at the casino but make sure you understand tax laws before you do Gambling winnings are taxable income but losses are deductible