Income Tax on Lottery Winnings and Game Shows

tds on lottery
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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

Section 194B - TDS on winning from lottery or crossword puzzle, etc - Income Tax - Ready Reckoner

tds on lottery In case the prize money in cash is only ₹10 Lakhs, then total TDS Liability would be ₹15 Lakhs The payer should ensure either: Miss Dilaik

tds on winning from lottery 9 194G Commission, prize etc , on sale of lottery tickets ; 10 194H Commission or brokerage ; 11 194-I Rent for plant and machinery ; 12