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High Court Held The Kerala High Court held that assessee acts as a post-office by receiving counterfoils of prize-winning tickets sold by

Flat Tax Rate*: Lottery winnings are taxed at a flat rate of 30% under Section 115BB of the Income Tax Act Surcharge and Cess: In addition to Kerala lottery tax Calculator Top reputable online casino in India⭐️Guaranteed reputation for ten years⭐️Register now, receive generous rewards

sowbhagya school While the agency commission is 10 percent of the prize money, the income tax would come up to 30 percent of the money after the agency commission is deducted  Kerala State Government imposes a tax on lottery winnings The tax rate varies depending on the prize amount and is deducted from the