Tax on winning lottery, puzzle, card game, horse race

can tds on lottery be refunded
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No, the TDS paid for winnings from lotteries and game shows are non-refundable Usually, taxpayers can claim a refund if the TDS deduction is more than

lottery or awards If one has deducted more than the required tax amount, you will be eligible for a TDS Refund if you file your TDS Return  No surcharge, education cess or SHEC shall be added to the above rates Hence, tax will be deducted at source at the basic rate · The rate of TDS will be 20% in

sthree sakthi lottery ss 419 Section 194B - TDS on winning from lottery or crossword puzzle, etc - Income Tax - Ready Reckoner The income tax deducted on lottery winnings cannot be claimed as a refund as it is the straight income tax deducted from the winnings of the