TDS on Prize, Betting, Lottery Wining

TDS on Prize, Betting, Lottery Wining tds on lottery income
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tds on lottery TDS , an integral component of income tax, involves mandatory deductions by individuals or entities on specified

tds on winning from lottery Section 194G of the Income Tax Act of 1961 deals with Tax Deducted at Source on commission, salary, or prize money earned from the TDS Rates Applicable For Salary & Rent as per FY 2018-19 ; Income from lotterycard games and other similar activities, 30% ; Income from horse races, 30%