consideration problem

[krishan sharma]

dear sir

I have a query  against special income if I have no normal income ( chargable slabe rate) and i wine a lottery and deduct the TDS from the lottery amount at 30% at the time of recieved  in this case i can consider the special income as a normal income  for refund income tax if lottery amount not exceed the exemted amount of slabe rate  plaese cleare my query

AI Summary

Taxation of lottery income: taxed at a fixed rate under a special provision and basic exemption not available when no other income exists.
Lottery proceeds are taxed under a specific provision (Section 115BB) as special income at a fixed rate; where the assessee has no other income, the basic exemption cannot be applied against that lottery income and tax is computed under the special provision without allowance of normal exemption slabs.