Rohan won a State Government lottery of ₹1,00,000 on 11 th October, 2015. The government should deduct tax on such winning amounting to— (A) ₹30,000 (B) ₹33,000 (C) ₹33,990 (D) ₹30,900
CS Executive · Tax Laws and Practice · PYQS · June 2016
Rohan won a State Government lottery of ₹1,00,000 on 11 th October, 2015. The government should deduct tax on such winning amounting to— (A) ₹30,000 (B) ₹33,000 (C) ₹33,990 (D) ₹30,900
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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