ലോട്ടറി അടിച്ചാൽ കൈയ്യിൽ കിട്ടുന്നത് എത്ര? സത്യം ഇതാണ് | Lottery Tax Rules | Kerala Lottery Tax

70 ലക്ഷം ലോടറി അടിച്ചയാൾക്ക് അവസാനം Lesson 7 10 years old! 😱 Don't let the "TDS Trap" ruin your winnings. Here is what every Kerala lottery winner MUST know to stay safe. #keralalottery #incometaxmalayalam #LotteryTax #warriertaxlaws #Section194B #taxplanning #KeralaBumper #tds Key Takeaways: TDS is NOT Final: The 30% TDS deducted from your prize (u/s 194B) is just an advance tax. Your actual liability may be higher due to Surcharge & Cess. The Hidden Danger: If you spend all your winnings thinking tax is paid, you could face huge penalties later. Mandatory ITR: You must file an Income Tax Return (ITR) to declare lottery income and pay the balance tax (Surcharge + Cess). Liquid Fund Rule: Always keep a portion of your winnings in a liquid fund (FD/Savings) to pay future tax demands. ❓ Have Questions? Ask Us! Not the snowflake Have you reached the northern part of the country? Here is the snowflake! We will try to make a dedicated video answering your questions! 🔔 Stay Updated: SUBSCRIBE to our channel for more updates. For inquiries: +91- Complete solution for your Taxation and legal issues including GST & Income tax. We undertake legal issues, financial and tax planning, budgeting company law, gst matters , income tax matters and trademark issues. This channel provide latest on income tax, latest on gst , all about gst , latest gst news, limit of cash transaction in income tax, how to reduce income tax liability, how to save capital gain tax, all about tax saving methods, loan emi issues, rbo moratorium, emi calculator, new income tax slabs , income tax old regime vs new regime, income tax on nri, nri taxation, deuctions undr income tax, income tax on ancestral property, how to file belated retrun , income tax and filing . All about taxation A one stop solution for your business law and legal consultation. You can also visit my Facebook page :   / advtgmwarrier   Twitter :   / warrieradv_tgm   Instagram :   / adv_tgmwarrier   pl visit our channels How to save capital gain :    • income tax on property sale in India  | ho...   Income Tax Notice :    • എന്തുകൊണ്ട് income tax notices ? |how to r...   Latest changes in GST 2023 :    • latest changes in GST | GST changes in bud...   49th Gst Council :    • 49th gst council meeting |gst amnesty sche...   Union Budget 2023 :    • all about new tax regime |benefits of new ...   Union Budget 2023 Wrong :    • all about new tax regime | benefits of new...   Updated Return Full Video :    • how to file ITR after 31july2022 |how to f...   Annual Information Statement :    • what is annual information statement(AIS) ...   Big changes from April 22 :    • changes from April 2022 | tax on epf | how...   Pending Income Tax Returns :    • updated income tax return |itr u| union bu...