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winning from lottery is taxable under which head of income

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winning from lottery is taxable under which head of income

website winning from lottery is taxable under which head of income ITR-2 Form · Income from Salary or Pension · Income from House Property · Income from Capital Gains · Income from Other Sources ( winning lottery in dream meaning income is taxable under this head 2 Income from Other Sources includes : Dividends; Income from winning from lottery, crossword puzzles, races

winning from lottery is taxable under which head of income Compute taxable income under the head Income from other sources of Mrs X but except winnings from lottery or income from race horses] and having total income  It is not counted as casual income when winning is the result of ability and effort Lottery held as stock in trade shall be taxed under  Since he falls under the old tax regime, he first needs to calculate his taxable income After making the eligible deductions, his taxable income works out to

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