Ask Money Today: How is lottery prize taxed?

tds on winning from lottery
➡️【Mk.com】✅ऑनलाइन कैसीनो गेम्स✅भारतीय ऑनलाइन जुआ उद्योग, ऑनलाइन बिंगो✅लोकप्रिय स्लॉट गेम्स, वर्चुअल गेम पार्टनर्स, बिंगो सॉफ्टवेयर, कैसीनो✅  The TDS applicable on winning from lotteries under Section 194B of Income Tax Act 1961 for 6 the Assessment Year 2018-19 is 30% tds on lottery income As per the department, no TDS is applicable if the amount does not exceed Rs 10,000 during a financial year from lottery or crossword puzzles

tds on winning from lottery TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings,  2,00000 He had no other comee The Lottery authority deducted TDS from the come The assessee noe wants to get back refund of excess come tax  Section 194G deals with TDS on of payment of lottery commission, remuneration or prize Though both the sections deal with winnings from lottery

Share

Share

Link

Turn off sharing Copy link

See all details