What is the rate of TDS applicable on winning from lotteries
What is the rate of TDS applicable on winning from lotteries
the rate of tds from winning from lottery
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Winning from Lottery or Crossword Puzzle; Winning from Race Horse; Payment to Contractor and Sub-Contractors; Insurance Commission; Deposits
As per Section 194B of the Income Tax Act, the rate of TDS for lottery winnings is 30%, and health and education cess is charged on the
the wild class slot 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
the winning lottery numbers for tonight As per section 194B of the income tax act, all the winnings over and above Rs 10,000 will be subject to a TDS of 30% With cess and surcharge,