Tds on prize won from running competition - Income Tax

winning from lottery tds rate
➡️【Mk.com】➡️【Mk.com पर सर्वश्रेष्ठ कैसीनो】✅ऑनलाइन कैसीनो खेलें! ✓ विभिन्न प्रकार के ऑनलाइन कैसीनो गेम खोजें और अपने गेमिंग अनुभव का पूरा आनंद लें ✓! ✅  TDS 2023-24 ; Section 194B, Income by way of winnings from lotteries, crossword puzzles, card games and other games of winning uk lottery numbers Payment of accumulated balance of provident fund which is taxable in the hands of an employee 10, NA Section 194B, Income by way of winnings from lotteries,

winning from lottery tds rate However, if an individual wins Rs 9,999 in an offline game, no TDS would be deducted The TDS rate under both section 194B and 194BA is flat at  Section 194B - TDS on winning from lottery or crossword puzzle, etc - Income Tax - Ready Reckoner  Rate of TDS is 30% No surcharge and Health & Education Cess shall be added Hence, TDS shall be deductible at basic rates ILLUSTRATION– A

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