TDS 194G on Commissions on Lottery Tickets
TDS 194G on Commissions on Lottery Tickets
the rate of tds from winning from lottery
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Tax is deducted at the rate of 30% on the amount of winnings from the aforementioned activities 6 Is surcharge and cess applicable on the
Note: Tax shall be deducted at the rate provided under DTAA if same is lower than the existing TDS rate of 20% The rate of TDS shall be increased by applicable
the lottery symbolism However, on the quiz show winning amount winnings of Rs 10 lakh, a rate of % will be applicable at source So, the TDS will be Rs 3,12,000
the lottery assessment questions answers 40,000 , 10% 194A, Interest by others, Rs 5,000 , 10% 194B, Winning from Lotteries & Cross Word Puzzles, Card games and