Tax On Winning Lottery, Game Shows & Online Gaming in India

tds on lottery
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Under the provision of section 194B of the IT Act, 1961 the TDS rate for any income earned by way of winnings from crossword puzzles, lotteries,

Winnings from lotteries, quiz shows, card games, internet gambling, and dancing contests are subject to tax withholding under Section 194B

tds on lottery income Winnings from lotteries, game shows, and other prizes are subject to TDS The event organiser deducts TDS before disbursing the winnings to the

tds on winning from lottery Section 194B mandates that earnings, in excess of ₹10000, from lotteries, game shows, betting, etc will attract TDS