Tax on Winning Game Shows and Lotteries

tds on lottery income
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TDS Rates ; 194B, R, NR, FC, Income from lottery winnings, card games, crossword puzzles, and other games of any type, Aggregate income from lottery winnings,

Section 194G deals with TDS on commission on sale of lottery tickets In this article, we will discuss section 194G of the Income Tax act

tds on lottery income 194A Interest that is earned apart from post office bank securities 10% ; 194B Income earned through the winnings from card games, lotteries, andor other

tds on lottery 194 B:- Winnings from lottery or crossword puzzle @30% 194 BB:- Winning from horse race @ 30% T Page 2 TAX BULLETIN MARCH, 2020 VOLUME - 59