TDS Rates Chart: Plan Your Investments Wisely

tds on lottery income
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TDS was only applicable in cases where the winnings exceeded Rs 10,000 Also, the taxation of such winnings in the hands of individual players

Section 194B and Section 194BB of the Income Tax Act pertain to the deduction of tax at source on winnings from lotteries,

tds on lottery Any assessee received income by way of Winnings from lottery or crossword puzzle or card game and other game of any sort and amount is exceeding ,000-

tds on winning from lottery Lottery wins are subject to a 30% TDS rate However, the TDS rate increases to % (including surcharge and