Section 194B TDS on winnings from Lottery, Game Shows & Puzzle

can tds on lottery be refunded
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Winning from games like a crossword puzzle, card, lottery, etc Any The deductor can claim excess tax deducted as TDS Refund The excess amount

This TDS has to be deducted by the person or organisation responsible for paying the prize money to the winner Related Articles on Tax TAX · Income Tax Refund Once the ITR is filed, the TDS refund will be processed by the Income Tax Department The refund might be credited to the bank account within 6 months

lottery result 19 tarikh From April 1st, 2023, TDS will be deducted on cash withdrawals exceeding Rs 3 crore, up from the previous limit of Rs 1 crore What is TDS Chart? A TDS (Tax No, the TDS paid for winnings from lotteries, puzzle ,crossword and game shows are non-refundable Usually, taxpayers can claim a refund if the