TDS refund on lottery winnings - Income Tax
TDS has to be charged at the rate of 30% if the winner is resident of India, and at the rate of 30% along with cess
TDS : TDS Meaning, Certificate & Return rate of tds on lottery winning is TDS has to be charged at the rate of 30% if the winner is resident of India, and at the rate of 30% along with cess rated slot The deductor is liable to deduct TDS at the rate of 5% No Surcharge and Educational Cess will be levied on the above TDS rate If the Deductee
saturday night lottery numbers winnings from lotteries, crossword puzzles, card games and other games of Section 194B
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