TDS 194G on Commissions on Lottery Tickets

tds on lottery income
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Section 194B and 194BB contains provisions relating to TDS on winnings from lottery, crossword puzzle or any game and winnings from horse race

As per section 194B of the income tax act, all the winnings over and above Rs 10,000 will be subject to a TDS of 30% With cess and surcharge, Section 194G deals with TDS on commission on sale of lottery tickets In this article, we will discuss section 194G of the Income Tax act

akshaya lottery result 12 5 24 Under this section, TDS is deducted from any income earned as winnings from the lottery, crossword puzzles, card games, or other ways like Section 194B - Winnings from Lotteries, Crossword Puzzles etc Section 194C - Payment to ContractorSub-Contractor Section 194D -