Prize money won in lucky draw wouldn't amount to lottery income: ITAT

Tax Information lottery income tax rate
➡️【Mk.com】✅ऑनलाइन कैसीनो गेम्स✅भारतीय ऑनलाइन जुआ उद्योग, ऑनलाइन बिंगो✅लोकप्रिय स्लॉट गेम्स, वर्चुअल गेम पार्टनर्स, बिंगो सॉफ्टवेयर, कैसीनो✅  As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of 30% lottery 12 tarikh Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare the winnings in your Income

lottery sambad 7 1 2024 winnings If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You