Lottery prize money or gambling winnings
For instance, if you won a car worth Rs 5,00,000 in a lucky draw, you will have to pay a TDS of % on the car, which is 1,56,000 In some
Income Tax On Lottery Winnings And Game Show Winnings In India if you win the lottery can you give money to your family
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There is no limit to gifting winnings in Canada, unlike in other countries Even so, there are considerations to follow For example, if the cash gift is from
if i won a lottery Total winnings, including “your gross and net installment payments,” are public record, the lottery says, and are subject to disclosure as well