Urgent attention : Possible 30% TDS on FNO trading

Ans No, Provided further that nothing contained in this section shall apply to deduction of income-tax on winnings from any online game on or

9 194G Commission, prize etc , on sale of lottery tickets ; 10 194H Commission or brokerage ; 11 194-I Rent for plant and machinery ; 12

tds on winning from lottery The TDS on lottery winnings, card game winnings, TV programme Before paying the winner, the payer must first deduct TDS at a rate of 30% if

tds on lottery income From the above it is clear that for the purpose of deducting taxes at source in respect of winnings from lottery, the person responsible for paying to any