Section 194B: TDS on Winnings from Lottery, Game Shows etc
Section 194B: TDS on Winnings from Lottery, Game Shows etc
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the rate of tds from winning from lottery
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As per Section 194B of The Income-tax Act, 1961, if the prize money exceeds ₹10,000, then the winner will get the prize money after the
TDS Rates ; Section 194 B · Rs 10,000 30% prize money earned from lottery or and any winning in gaming ; Section 194BB, Rs 10,000 30% of prize money from horse As per Section 194B of The Income-tax Act, 1961, if the prize money exceeds ₹10,000, then the winner will get the prize money after the
kerala state bumper lottery result Winnings from the sources listed below are subject to a TDS of 30% under Section 194B of Income Tax Act: Lucky draws and lotteries; Crosswords Section 194B - TDS on winning from lottery or crossword puzzle, etc - Income Tax - Ready Reckoner