Clubbing

Direct Taxation

income of minor child from winning lottery taxed in this hands of parents In the above cases do we need to reduce₹1500

Sruthi sruthi

CA Final

★ 640

23-Apr-23 13:30

511

Answers (1)

No deductions can be claimed against lottery income, flat 30% tax

HEMACHANDHAR M

CA Final

★ 2K+

23-Apr-23 13:41

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