FAQ's on TDS under section 194B and 194BB
FAQ's on TDS under section 194B and 194BB
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TDS Rates for Various Regular Payments ; Rent Payment by Individuals Over Rs 50,000 , 194IB, 5% ; Lottery & Other Types of Winnings, 194B, 30% ; Payment to
All the deducted TDS gives you tax credits and reduces your tax liability So, for example, if you end up paying 30% TDS on a lottery payment of Rs 300,000 ( 194B, R,NR,FC, Income from lottery winnings, card games, crossword puzzles etc Aggregate income from such activities-10000, 30
juego de poker para celular android The rate of TDS will be 20% in all cases, if PAN is not quoted by the TDS on Winning from Lottery, Crossword Puzzle, Card Game, Horse Races etc There is no fixed rate for TDS deduction; it varies as per the nature of the transaction For example, in the case of salary payment, TDS is deducted as per the
