lottery income
Income Tax Folio S3-F9-C1, Lottery Winnings, Miscellaneous
lottery income
lottery income
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lottery income Taxability of winnings received from betting or lottery Prizes that are given in a competition or contest are not taxable gambling or lottery winnings if no advantage or inequality in amount or value is offered or Section 194B of Income Tax Act, 1961 states that winnings from lotteries, game shows, card games, online games, crossword puzzles, quiz shows,