tds on lottery income
Section 194G
tds on lottery income
tds on lottery income
➡️【Mk.com】✅Top online casino games to explore the world of casino✅: Roulette, Blackjack, Slots, Bingo, Jackpot and more. ✅ The AO was of the view that the value of car received by the assessee was liable to be taxed as income from lottery The AO assessed the value of car at , tds on winning from lottery Under this section, TDS is deducted from any income earned as winnings from the lottery, crossword puzzles, card games, or other ways like
tds on lottery income 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 Section TDS is applied on any income or overheads such as incentive , interests on fixed deposit from banks, lotteries, commission Similarly, no TDS will be applied on amount below Rs 15,000 during a financial year from commission paid on sale of lottery ticket Further, the