Taxability of Lottery Income
This query is : Resolved
17 June 2008
I have ONLY lottery income amounting to Rs. 1,00,000/- whether it taxable or not?
If yes then what percentage
If yes then what percentage
17 June 2008
your WHOLE of the Lottery income Rs. 1,00,000 will be chargeable to income tax @ 30.90 %.
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