Income tax and lottery winners: This is the treatment by the taxman

Tds on prize won from running competition - Income Tax tds on winning from lottery
➡️【Mk.com】✅आप कैसीनो में गेमिंग, विलासिता और प्रकृति का सही संयोजन पा सकते हैं। यह विजेता का स्वर्ग है! ✅  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 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

tds on winning from 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