TDS on Winning from Lottery

website lottery tds section Salary payments · Interest on securities · Dividend payments · Interest other than interest on securities · Winning from Lottery or Crossword Puzzle lottery result fifty fifty today Some of such incomes subjected to TDS are salary, interest, dividend, interest on securities, winnings from lottery, horse races, commission and

lottery tds section Winnings from lotteries, quiz shows, card games, internet gambling, and dancing contests are subject to tax withholding under Section 194B  Briefs of Section and Rate for TDS 192:- Salary @ normal tax rate 194 B Does not exceed Rs 10000  Section 194B mandates that earnings, in excess of ₹10000, from lotteries, game shows, betting, etc will attract TDS

Share

Share

Link

Turn off sharing Copy link

See all details