Section 194B

If you are making specific payments mentioned in the Income Tax Act, you must deduct TDS when making those payments Individuals or HUFs whose

Senior Citizen Rs • Others Rs 10 - - 20 194-B Income by way of winnings from lotteries, crossword puzzles, card games and other

tds on lottery income TDS Applicability on Lottery or Game Show Income:** >If prize money exceeds Rs 10000, TDS at % under section 194B is…

tds on winning from lottery Where the total winnings from each lottery, crossword puzzle, card game, etc do not exceed 10,000, no tax is to be deducted TDS rate is 30%