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tds on lottery

Tax On Winning Lottery, Game Shows & Online Gaming in India

tds on lottery

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tds on lottery

website tds on lottery Assessee in default: TDS: Ss 194B and 201: A Ys 2001-02 and 2002-03: Non-deduction of TDS from lottery winnings in kind: Assessee not in default: Not liable tds on winning from lottery If you are making specific payments mentioned in the Income Tax Act, you must deduct TDS when making those payments Individuals or HUFs whose

tds on lottery INCOME TAX : No TDS us 194G194H by assessee-wholesaler of lottery tickets on incentives paid to retailers as a mere conduit between govt and them   Under the provision of section 194B of the IT Act, 1961 the TDS rate for any income earned by way of winnings from crossword puzzles, lotteries,  194B, Winning from lottery crossword puzzle, 10,000, 30%

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