TDS under section 194B on winning from Lottery
TDS under section 194B on winning from Lottery
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Under Section 194B of the Income Tax Act, 30 per cent tax is deducted on any prize money in excess of Rs 10000 and other winnings from games
Section 194B mandates that earnings, in excess of ₹10000, from lotteries, game shows, betting, etc will attract TDS As per section 2 of the Income Tax Act, lottery and card games are defined as below: “Any winnings from crossword puzzles, lotteries,
qual é o tamanho de uma carta de poker Section 193 - No exemption from TDS on interest from listed debentures TDS must be deducted on interest earned from such specified securities Section 194N - Self-Assessment Tax: After filling out your ITR form with the TDS and advance tax details , the system computes your income and checks whether tax is