Tax filing: Don't forget to declare income from 'other sources' when

winning from lottery is taxable under which head of income
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It includes interest income, rental income, dividends, gifts, lottery winnings, and more Is commission income taxable under this head? Yes,

Such winnings are chargeable to tax at a flat rate of 30% under section 115BB Conditions: a No expenditure or allowance can be allowed from such income b

winning slot to amend section 115BB of the Act to exclude income from winnings from This income shall be taxable under the head “income from other sources

winning numbers for missouri lottery Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare the winnings in your Income