Due Dates – Income Tax Department

Due Dates – Income Tax Department tds on lottery income
➡️【Mk.com】✅is a brand new online gambling platform✅, providing players with rich casino games and attractive promotions. ✅  Applicability of provision of Section 194G Section 194G of the Income Tax Act, 1961 lays down the provisions for deduction of TDS at the rate of 5% when there tds on lottery If you receive money from winning the lottery, OnlineTV game shows etc , it will be taxable under the head Income from other Sources The

tds on lottery The prizes won by the unsold lottery tickets do not constitute income from winnings from lotteries and thereby such prizes do not attract the provisions of

tds on winning from lottery Payer should deduct TDS at 30% if income exceeds INR 10000 us 194B on winnings from lottery, puzzle, card game & 194BB on horse race income  TDS Rates ; 194B, R, NR, FC, Income from lottery winnings, card games, crossword puzzles, and other games of any type, Aggregate income from lottery winnings,