Lucky draw winning taxes regardings

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..... Sir.. yesterday I won a lucky draw in a shopping mall. The prize is a car worth amounting ₹ 7.4 Lakhs. I would like to know.. what are the taxes.. I will have to pay? (To get the prize) Regar .....

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..... ds Subrata - Reply By Rajagopalan Ranganathan - The Reply = Sir/Madam, GST would have been paid by the car manufacturer. Winning a price in sales promotion event cannot be considered as supply o .....

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..... f service. Therefore, in my opinion there is no question of paying gst on the car by the winner. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Shri Rajagopalan. - Reply By .....

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..... KASTURI SETHI - The Reply = In my view it is taxable. - Reply By KASTURI SETHI - The Reply = This activity tantamounts to lottery service. It has ingredients of lottery service. - Lucky draw wi .....

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..... nning taxes regardings - Query Started By: - Subrata DebBarma Dated:- 22-10-2017 Other Topics - Got 4 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal .....

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..... opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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