lottery tds section
Section 194B: TDS on Winnings from Lottery, Game Shows etc
lottery tds section
website lottery tds section Section 194B of Income Tax Act 1961 states that if a person earns any income by winning lottery, games, puzzles, etc, and Section 194 BB in lottery midi 30 Briefs of Section and Rate for TDS 192:- Salary @ normal tax rate 194 B Does not exceed Rs 10000
lottery tds section Winnings from the sources listed below are subject to a TDS of 30% under Section 194B of Income Tax Act: Lucky draws and lotteries Any assessee received income by way of Winnings from lottery or crossword puzzle or card game and other game of any sort and amount is exceeding ,000- TDS shall be deducted on winnings from lottery, game shows and puzzles by the prize distributor Winning amount needs to be more than
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