Section 194B TDS on winnings from Lottery, Game Shows & Puzzle

tds on lottery   Dan tds on winning from lottery

No surcharge or health or education cess has to be added to the rate of 30% However, the deductor shall deduct TDS on winning from lottery or crossword puzzles

The person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle, card game and other game of any sort in an No surcharge or health or education cess has to be added to the rate of 30% However, the deductor shall deduct TDS on winning from lottery or crossword puzzles

boku slot sites Rate of TDS us 194B & 194BB of Income Tax Act The payer shall deduct tax at the rate of 30% under Sec 194B from the money paid for winnings from the lottery, The reward would be subject to tax according to Section 56 and reported under the title “Income from Other Sources ” The lottery winners are