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Section 194B & 194BB

Section 194B & 194BB

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tds on winning from lottery
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As per Section 194B, a person responsible for paying winnings of lotteries, crossword puzzles and other similar games must deduct income tax

At present, a 30 per cent tax deducted at source is levied from those who arrive at lottery offices directly to Winnings from lotteries, quiz shows, card games, internet gambling, and dancing contests are subject to tax withholding under Section 194B

ss tripura lottery result today Section 194B of the Income Tax Act mandates a % TDS on winnings exceeding ₹10,000 from lotteries, game shows, and other sources  Section 194G deals with TDS on of payment of lottery commission, remuneration or prize Though both the sections deal with winnings from lottery

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