Section 194B: TDS on Winnings from Lottery, Game Shows etc

tds on winning from lottery
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No surcharge or health or education cess has to be added to the rate of 30% However, the deductor shall deduct TDS on winning from lottery or crossword puzzles

Section 194G deals with TDS on of payment of lottery commission, remuneration or prize Though both the sections deal with winnings from lottery

tds on lottery As per Section 194B, a person responsible for paying winnings of lotteries, crossword puzzles and other similar games must deduct income tax

tds on winning from lottery 194A Interest that is earned apart from post office bank securities 10% ; 194B Income earned through the winnings from card games, lotteries, andor other