Income Tax on Online Gaming in India

tds on winning from lottery
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TDS Rates by IT Act Sections ; Section 194B, ₹ 10,000, 30% of prize money on lottery or gaming related winnings ; Section 194BB, ₹ 10,000, 30%

TDS Applicability on Lottery or Game Show Income:** >If prize money TDS on net winning of April, 2023 shall be deposited with the

tds on lottery The TDS applicable on winning from lotteries under Section 194B of Income Tax Act 1961 for 6 the Assessment Year 2018-19 is 30%

tds on winning from lottery Winnings from lotteries, game shows, and other prizes are subject to TDS The event organiser deducts TDS before disbursing the winnings to the