Section 194G Income Tax- TDS on Lottery Winnings

tds on lottery
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Rs 5 5 - 20 Threshold Limit of ,000 on Commission, etc , on sale of lottery tickets, the 5%, %, 5% and % will

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 TDS shall be deducted on winnings from lottery, game shows and puzzles by the prize distributor Winning amount needs to be more than

jogos slot machine grátis casino online zeus 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 The Tax Deduction at Source will be applicable to the lottery prize winners who win more than Rs 10000 altogether through the lottery