TDS on Winning from Lottery

TDS on Winning from Lottery tds on lottery
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tds on lottery income Lottery wins are subject to a 30% TDS rate However, the TDS rate increases to % (including surcharge and

tds on lottery TDS shall be deducted on winnings from lottery, game shows and puzzles by the prize distributor Winning amount needs to be more than  TDS Applicability on Lottery or Game Show Income:** >If prize money exceeds Rs 10000, TDS at % under section 194B is…