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winning from lottery is taxable under which head of income

winning from lottery is taxable under which head of income

Income Tax Planning And Management 26 Revised Edition (Assessment winning from lottery is taxable under which head of income 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 winning gopher 5 numbers Income Tax on winning from Lottery Crossword Puzzles Games shows & Race Horses etc will be taxable under the head “Income from Other Sources”

winning powerball ticket sold in sun valley The IRS considers net lottery winnings ordinary taxable income So through all or most of their winnings If you do take the annual

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