Lottery prize money or gambling winnings
Lottery prize money or gambling winnings
is lottery winnings considered income
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Include gamblinglottery winnings on the line for Alimony and other taxable income on the MI-1040CR, MI-1040CR-2, or MI-1040CR-7 Follow us
Section 194B of Income Tax Act Under Section 194B of the Income Tax Act, TDS will be deducted when the income is earned from the winning lotteries, card games,
is there any skill to slot machines Question: My husband and I recently won the grand prize from my State's lottery Can you provide some guidance on how we will be taxed on our lotto winnings
is poker gambling or skill All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,