tds on lottery income
How Can TDS on Lottery Be Refunded?
tds on lottery income
website tds on lottery income Income received through online gambling is taxable in the hands of recipient Deduction of TDS: TDS needs to be deducted @ 30% if the amount of winning tds on winning from lottery Senior Citizen Rs • Others Rs 10 - - 20 194-B Income by way of winnings from lotteries, crossword puzzles, card games and other
tds on lottery income lottery, crossword puzzle, card game, or other game of any sort is However, there is a threshold of Rs 10,000 for TDS on online gaming winnings TDS @ 30% will be deducted from such winnings Rule 133 was introduced, providing clarity in the computation of net winnings in online games Salary payment; Income on securities; Income from winning lottery, puzzles, and others; Income from winning horses; Insurance commission; Payment in respect of
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