Income from. Winning lottery
rinku prasad (Accountant) (45 Points)
10 June 2017rinku prasad (Accountant) (45 Points)
10 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183191 Points)
Replied 10 June 2017
The tax rate over the prize winning is same as TDS deducted. So, you have to file return and offer the prize for assessment of tax, but balance will be nil for refund. (subject to any other incomes & TDS)