Details on Taxes For Lottery Winnings In India

are lottery tickets tax deductible
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No income tax deductions can be claimed on the winning amount When a prize has both a cash and a non-cash component, TDS is deducted from the

City of London College of Economics Raffle and lottery tickets are rarely tax deductible In an auction, a purchaser can deduct anything paid beyond the

are slot machines legal in missouri You're also not eligible for a tax deduction if you bought raffle tickets or lottery tickets, even for the benefit of a charity The IRS says

aren slot Since international lottery drawings take place in other countries, they are not subject to Indian regulations