What is the rate of TDS applicable on winning from lotteries
What is the rate of TDS applicable on winning from lotteries
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If you have won a lottery, get prepared for a huge TDS of 30 per cent This is if the amount of lottery ticket won is more then Rs 10,000 Apart
What is the rate of TDS applicable on winning from lotteries TDS Rates for Various Regular Payments ; Rent Payment by Individuals Over Rs 50,000 , 194IB, 5% ; Lottery & Other Types of Winnings, 194B, 30% ; Payment to
If you have won a lottery, get prepared for a huge TDS of 30 per cent This is if the amount of lottery ticket won is more then Rs 10,000 Apart
jili slot casino real money winnings from lottery; Activity of owning and maintaining race horses; Income taxable at special rates under section 115BBDA or section
Under Section 194B of the Income Tax Act, TDS will be deducted if
tds on lottery As per the department, no TDS is applicable if the amount does not exceed Rs 10,000 during a financial year from lottery or crossword puzzles
TDS Rate under section 194BB is 30% plus surcharges The deduction is made at the time of payment If the prize is paid in installments, a TDS
Materials
Materials
Crafted from Italian cow leather, and suede. Comes with switchable straps, can be used as top handle bag or shoulder bag. Ultrasuede® interior.
Shipping & Returns
Shipping & Returns
Free shipping and returns available on all
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We ship all US domestic orders
within 5-10 business days!
Dimensions
Dimensions
h:14 X w:19 cm (5 1/2 X 7 1/2 in)
Care Instructions
Care Instructions
What is the rate of TDS applicable on winning from lotteries
Show it under the head income from other sources yes you have to pay Tax if TDS is not deducted , add above winning Amount in your ITR and Pay tax