TDS under section 194B on winning from Lottery
TDS under section 194B on winning from Lottery
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It is applicable on winning fromlotteries,crossword puzzles,card game and other game of any sort, races including horse races,Cutoff is Rs
If a person has a larger TDS deduction than their tax due for an assessment year, they are eligible to get a refund However, lottery prizes are The organiserdistributor of the prize won will deduct the TDS, and they should only release the prize for the winner only after deducting TDS Section 194 If
bhutan dhanasree lottery TDS refund can be claimed by individuals on the online e-filing portal of the Income Tax Department The TDS refund will be processed by the According to Section 200A of the Income Tax Act, 1961, if the income tax department does not pay the TDS refund amount within the specified time period, they
