Latest TDS Rate Chart for FY 2024-25

website tds on lottery income TDS on prizes & winnings TDS under Section 194B is applicable on income from lottery, betting, gambling, etc If the income exceeds INR 10,000 tds on winning from lottery and section 194B

tds on lottery income 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-  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,  TDS is deducted from the payments made by the individuals as per Income Tax Act Various types & rates of TDS deduction are present

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