can tds on lottery be refunded
Income Tax on Lottery Winnings and Game Shows
can tds on lottery be refunded
website can tds on lottery be refunded When a person files IT return with total income, the tax gets calculated and the excess amount, if any out of TDS gets refunded on completion of can you pray to win the lottery So, no refund of tax on lottery amount is permissible, irrespective of whether the total income falls short of taxable limit or not According
can tds on lottery be refunded Once the ITR is filed, the TDS refund will be processed by the Income Tax Department The refund might be credited to the bank account within 6 months This will include any income from lottery, gift (more than ,000 You Can Claim a Tax Refund: Taxpayers can get a refund if they have a refund Therefore, no tax is be deducted where the amount of winning from each lottery, crossword puzzle, card game, etc does not exceed Rs 10,000 2 When to Deduct
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