No TDS us 194B on Prize won in Gift Coupons: ITAT
Section 194B requires payment of lottery tax & other expenses before payout, It applies when profits exceed ten thousand Rupees
FAQ's on TDS under section 194B and 194BB tds on lottery income
➡️【Mk.com】✅Online Casino Latest NewsFollow the latest news and. ✅➡️【Mk.com】✅Casino Bonuses ️Free Spins No Deposit Required ✅ Section 194B requires payment of lottery tax & other expenses before payout, It applies when profits exceed ten thousand Rupees tds on lottery income
As per section 194B of the income tax act, all the winnings over and above Rs 10,000 will be subject to a TDS of 30% With cess and surcharge,
tds on winning from lottery TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings,
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