TDS Rates Chart: Plan Your Investments Wisely

194B, Income from lottery winnings, puzzles, card games, etc 10,000 ; 194BA, Earnings from online games, No minimum threshold ; 194BB, Income

However, currently, TDS is deducted at 30% on net winnings without any threshold limit As per Rule 133, net winning is computed in the

the mathematics of poker Ans: In the cases where TDS has been deducted on special income like winning from lottery or horse races etc, then filing of ITR-1 and 4 is not allowed So

the texas lottery The provision of section 194G requires the deductor to deduct TDS at the rate of 5% Moreover, it should be noted that no surcharge or education cess shall be