Income Tax on Online Gaming in India
Income Tax on Online Gaming in India
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rate of tds on lottery winning is
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The flat tax rate under TDS Section 194B is 30% Deduction under section 80C or 80D or any other kind of deduction or allowance is not applied to this income
Section 194B, Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort, 30, 30 ; Section 194BA, Winning from Online The applicable rate of TDS shall be 30% at the time of withdrawal of such winning amount “Any Person” here means
va lottery pick 3 and 4 winning numbers The tax on lottery winnings, crossword puzzles, card games, etc is a flat rate of 30% After adding the health and education cess of 4%, the What is the rate of TDS under Section 194B? · Lottery · Word searches · Betting on horse races · Sports involving playing cards