tds on lottery income
Do senior citizens pay tax on lottery winnings?
tds on lottery income
website tds on lottery income Under this section, TDS is deducted from any income earned as winnings from the lottery, crossword puzzles, card games, or other ways like tds on lottery income So, for example, if you end up paying 30% TDS on a lottery payment of Rs 300,000 , and this is your only income in the
tds on lottery income TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings, Winnings from lotteries, game shows, and other prizes are subject to TDS The event organiser deducts TDS before disbursing the winnings to the Applicability of provision of Section 194G Section 194G of the Income Tax Act, 1961 lays down the provisions for deduction of TDS at the rate of 5% when there
Unable to load receipt Availability
