Monday, May 5, 2014

[aaykarbhavan] HC : Special provision u/s 115BB applicable to lottery winnings, irrespective winnings incidental to business



May 06 2014
Prize money won from unsold lottery tickets, by assessee (a stockist appointed by State Government for lottery tickets), taxable u/s 115BB @ 40%

coutesy:taxsutra
 
Regards
Prarthana Jalan


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