CA Day celebration 2024 Easy Office
LCI Learning

Taxability of Lottery Income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 June 2008 I have ONLY lottery income amounting to Rs. 1,00,000/- whether it taxable or not?
If yes then what percentage
Profile Image

CA. PRASAD

Profile Image

CA. PRASAD (Expert)
17 June 2008 your WHOLE of the Lottery income Rs. 1,00,000 will be chargeable to income tax @ 30.90 %.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links