Section 194S of Income Tax Act: Meaning, Rate of TDS & Provisions

tds on winning from lottery
➡️【Mk.com】✅India's online betting site✅ has over 100 online casino games, slot games and 10K different sports events with the best betting odds. ✅  So, while filing your income tax returns, you will be able to adjust such TDS against your liability for such income However, note that since tds on lottery Section 194B and Section 194BB of the Income Tax Act pertain to the deduction of tax at source on winnings from lotteries, crossword puzzles,

tds on winning from lottery Section 194G deals with TDS on commission on sale of lottery tickets Income from sale of lottery tickets are covered by 194G, whereas winnings  TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings,  Section 194B and 194BB contains provisions relating to TDS on winnings from lottery, crossword puzzle or any game and winnings from horse race

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