Home Ministry wants all lottery prize payments to be made via

lottery tds section   Dan lottery sambad 5_9_23

Briefs of Section and Rate for TDS 192:- Salary @ normal tax rate 194 B Does not exceed Rs 10000

What is Section 194B? If a person wins a lottery or onlineTV game shows and receives the prize in cash or as an item then it is taxable under Income from other I won in a quiz competition Since the prize money was above , they deducted 30% TDS under section lottery is payable under Section

poker free bonus no deposit required According to the rules of Section 194B194BB of the Income Tax Act, TDS must be subtracted from wins before distributing them to the winner if As per section 194B of the income tax act, all the winnings over and above Rs 10,000 will be subject to a TDS of 30% With cess and surcharge,