Section 194BB TDS on Winning from JackpotLotteryHorse Racing
Section 194BB TDS on Winning from JackpotLotteryHorse Racing
Couldn't load pickup availability
Income from winnings of a lottery, horse race, gambling, etc section 139 but filing return of income due to fulfilling one or
Section 194BB TDS on Winning from JackpotLotteryHorse Racing As per Section 115BB of The Income Tax Act, 1961, the government would levy tax on winnings from lotteries, crossword puzzles, races including
Income from winnings of a lottery, horse race, gambling, etc section 139 but filing return of income due to fulfilling one or
lottery result kr 644 Section 194B & 194BB
The TDS applicable on winning from lotteries under Section 194B of Income Tax Act 1961 for 6 the Assessment Year 2018-19 is 30%
lottery result dikhaiye Ld AR further submitted that there was an ambiguit y of law as the winning from lottery is subject to tax, deduction at source at first point but, in the case
Section 194G of the Income Tax Act of 1961 deals with Tax Deducted at Source on commission, salary, or prize money earned from the
Materials
Materials
Crafted from Italian cow leather, and suede. Comes with switchable straps, can be used as top handle bag or shoulder bag. Ultrasuede® interior.
Shipping & Returns
Shipping & Returns
Free shipping and returns available on all
orders!
We ship all US domestic orders
within 5-10 business days!
Dimensions
Dimensions
h:14 X w:19 cm (5 1/2 X 7 1/2 in)
Care Instructions
Care Instructions
Section 194BB TDS on Winning from JackpotLotteryHorse Racing
Applicability of provision of Section 194G Section 194G of the Income Tax Act, 1961 lays down the provisions for deduction of TDS at the rate of 5% when there