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Section 194B - TDS on winning from lottery or crossword puzzle or card game and other game of any sort

Income Tax - Deduction of Tax at Source (TDS), Collection of Tax at Source (TCS) / Withholding Tax - 08 - SEC - 194B: TDS ON WINNING FROM LOTTERY OR CROSSWORD PUZZLE OR CARD GAME AND OTHER GAME OF ANY SORT Deductor -The person responsible for paying .....

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deduction of tax is to be made at the time of actual payment of each such installments. Rate of TDS - 30%. No surcharge, education cess and SHEc shall be added. Hence TDS shall be deducted at basic rates. There is no provision u/s 194B for deduction .....

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ash is not sufficient to meet the liability of deduction of tax in respect of whole of the winnings,the person responsible for paying shall, before releasing the winnings, ensure that tax has been paid in respect of the winnings. As per explanation ( .....

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