Types of TDS in India

winning from lottery tds rate
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According to the rules of Section 194B194BB of the Income Tax Act, TDS must be subtracted from wins before distributing them to the winner if

3 TDS Rate: TDS at a flat rate of 30% shall be applicable on such income 4 Nature of Win: Winning can be in form of cash or kind TDS needs As per Section 194B of the Income Tax Act, the rate of TDS for lottery winnings is 30%, and health and education cess is charged on the

jungle delight slot png TDS Rates ; Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort 30 ; Section 194BB: Income by way 194B, R,NR,FC, Income from lottery winnings, card games, crossword puzzles etc Aggregate income from such activities-10000, 30