Income Tax on Winning Lottery, Game Shows, Awards, and Prizes

Income Tax on Winning Lottery, Game Shows, Awards, and Prizes income tax on lottery winnings
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income tax on lottery This is to notify that the 3rd Session of the Third Parliament has enacted the Income Tax Act of Bhutan 2020 as follows:  Amounts won from a game show or lottery are taxable under Section 56 of the Income Tax Act, 1961 According to Section 194B winnings from lotteries,