Tax is deducted at source on winning from lottery, the rate for such d – McqOptions

MCQOPTIONS

1.	Tax is deducted at source on winning from lottery, the rate for such deduction in case of resident individual deductee is:
A.	30.9%
B.	Maximum marginal rate of tax
C.	30% if such winning exceeds Rs. 10,000
D.	33.99%
Answer» D. 33.99%

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