Section 194B TDS on winnings from Lottery, Game Shows & Puzzle

the rate of tds from winning from lottery
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TDS Rates ; Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort 30 ; Section 194BB: Income by way

TDS must be subtracted by the organisation awarding the prize before rewards may be paid out 2 Would the winnings be subject to tax at the tax Section 194B, Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort, 30, 30 ; Section 194BA, Winning from Online

nagaland state lottery result today 8pm dear parrot Under Section 194B of the Income Tax Act, 30 per cent tax is deducted on any prize money in excess of Rs 10000 and other winnings from games 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