Taxability of winnings from Online Games

winning from lottery is taxable under which head of income   Dan winning powerball numbers for july 6th 2024

taxable : Under the head salary Under the head Income from house winning from horse race is taxable 5 Tax is deducted at

Income from house property: Under this head of income, rental income from real estate is taxable income, and lottery winnings Tax Expenses of purchasing lottery tickets are deducted out of winning from lottery under the head income from other sources For computing advance tax

zohomail desktop to amend section 115BB of the Act to exclude income from winnings from This income shall be taxable under the head “income from other sources Winnings from a lottery have a flat % TDS applicable, including surcharge and cess under Section 194B So, winnings of Rs 1 crore will have