Learn to calculated TDS as per TDS rates

Learn to calculated TDS as per TDS rates tds on winning from lottery
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tds on lottery The rate of Tax Deducted at Source under Section 194BB of the Income Tax Act is 30% of the winnings from horse races This rate is applied

tds on lottery income Rules for Income Tax on Lottery Winnings or Game Show Income · In the case of winnings from horse races, income is taxable at % without any Offline games: TDS shall be deducted under section 194B for winnings from any betting or gambling game if the aggregate amount received in a