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tds on lottery

tds on lottery

Tds deducted on salary below 7 lakh : rIndiaTax tds on lottery
➡️【Mk.com】✅Register Now - 24-hour ✅Casino. Play all your favorite slots, blackjack, roulette, baccarat...✅  Under the provision of section 194B of the IT Act, 1961 the TDS rate for any income earned by way of winnings from crossword puzzles, lotteries, tds on lottery income TDS Rate under section 194BB is 30% plus surcharges The deduction is made at the time of payment If the prize is paid in installments, a TDS

tds on winning from lottery As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

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