Taxability of winnings from Online Games
Taxability of winnings from Online Games
The levy of GST was on the face value of lottery tickets, including the prize money awarded to winners And, this has crippled the lottery industry by the
Lottery winnings of # 1,00,000 payable to Mr X, resident in India Winnings from horse-race # 50,000 payable to Mr Y, non-resident in India Section 115BB in The Income Tax Act, 1961 115BB [ Tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other
game king slot machines At present, income by way of winnings from any lottery or crossword Mastering TDS Compliance: Navigating India's Tax Deduction Maze Tax on certain assets, including any gains you make from: ISAs or PEPs; UK government gilts and Premium Bonds; betting, lottery or pools winnings When someone
