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Sec 194B requires deduction of tax at source at the rate of

Sec 194B requires deduction of tax at source at the rate of

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lottery tax deduction
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Tax on income from lottery tickets can be deducted at the time of income credit to the deductee's account or at the time of payment in cash,

The prize money associated with online lotteries is immense However, the prize money won from lotteries are subject to tax deductions at Tax on winning the lottery, puzzle, card games, betting, & horse races is % The winner can't claim deductions or expenses on such

poker set australia So, for example, if you end up paying 30% TDS on a lottery payment of Rs 300,000 , and this is your only income in the This publication provides guidance on the New York State, New York City, and Yonkers personal income tax treatment of lottery prizes allowance for deductions

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