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Section 194G - TDS on Commission etc. on sale of lottery tickets

Income Tax - Deduction of Tax at Source (TDS), Collection of Tax at Source (TCS) / Withholding Tax - 14 - SEC - 194G: TDS ON COMMISSION, ETC. ON THE SALE OF LOTTERY TICKETS Where any income by way of commission, remuneration or prize on lottery tickets is paid to a person who has been stocking, distributing, purchasing or selling lottery tickets, then the person responsible for paying such income shall deduct income tax thereon. Where the payer is a company, the company itself including principa .....

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