tds on lottery income
Tax on Winning Game Shows and Lotteries
tds on lottery income
website tds on lottery income Section 194B and Section 194BB of the Income Tax Act pertain to the deduction of tax at source on winnings from lotteries, tds on lottery income Section 194B of the Income Tax Act applies to TDS deductions from the income earned from winning the lotteries Learn about deductions, penalties, and more
tds on lottery income The prizes won by the unsold lottery tickets do not constitute income from winnings from lotteries and thereby such prizes do not attract the provisions of Changes in the TDS Rates ; Section 194BB Winnings from the lottery, crosswords, or any such game 30% 30% ; Section 194D Winnings from The prizes won by the unsold lottery tickets do not constitute income from winnings from lotteries and thereby such prizes do not attract the provisions of
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