No TDS liability on wholesaler of lottery tickets who is distributing

tds on lottery
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Self-Assessment Tax: After filling out your ITR form with the TDS and advance tax details , the system computes your income and checks whether tax is

The Income Tax Act contains provisions of TDS due to which 30% tax is deducted from their winnings and only the net amount is paid to the Lottery wins are subject to a 30% TDS rate However, the TDS rate increases to % (including surcharge and

14_06_24 lottery result Section 194G- TDS on Commission on Sale of Lottery Tickets Any income earned by a person in the form of commission, remuneration, or prize on Any money or prize you win from a game show, reality show or lottery, is subject to tax deduction at source The Income Tax Act, 1961 specifies in