tds on lottery income
Section 194G
tds on lottery income
website tds on lottery income Any award or lottery based on participation fee and chance is subject to TDS under section 194B of the Income Tax Act, 1961 However, tds on winning from lottery So, for example, if you end up paying 30% TDS on a lottery payment of Rs 300,000 , and this is your only income in the
tds on lottery income Changes in the TDS Rates ; Section 194BB Winnings from the lottery, crosswords, or any such game 30% 30% ; Section 194D Winnings from Section 194B - Winnings from Lotteries, Crossword Puzzles etc Section 194C - Payment to ContractorSub-Contractor Section 194D - TDS Rates ; Payment of accrued fund balance, @10%, Section 192A ; Income from Prize money on lotteries, card games, crossword Puzzles or games within the ambit of
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