Section 194B of Income Tax Act: TDS Rates & Calculations

lottery tds section
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Rate of TDS us 194B & 194BB of Income Tax Act The payer shall deduct tax at the rate of 30% under Sec 194B from the money paid for winnings from the lottery,

Winnings from lotteries, quiz shows, card games, internet gambling, and dancing contests are subject to tax withholding under Section 194B

lottery app down TDS Rates Applicable For Salary & Rent as per FY 2018-19 ; Income from lotterycard games and other similar activities, 30% ; Income from horse races, 30%

lottery sambad 20 3 24 Section 194B of the Income Tax Act is a provision that requires the deduction of tax at source on winnings from lotteries,