Learn to calculated TDS as per TDS rates

the rate of tds from winning from lottery
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winnings from lotteries, crossword puzzles, card games and other games of Section 194B

The applicable rate of TDS shall be 30% at the time of withdrawal of such winning amount “Any Person” here means

the lottery winners band Rate of TDS is 30% No surcharge and Health & Education Cess shall be added Hence, TDS shall be deductible at basic rates ILLUSTRATION– A

theme of the lottery shirley jackson The next aspect deals with tax deducted at source from these winnings Section 194B of the Income Tax Act, 1961 deals with TDS on winnings from lottery,