Tax on winning lottery, puzzle, card game, horse race

tds on winning from lottery
➡️【Mk.com】✅10 रुपये का दांव लगाएं✅ और 100 निःशुल्क स्पिन प्राप्त करें✅। कैसीनो में कैसीनो, लाइव डीलर और स्लॉट मशीनें खेलें। 18+ नियम और शर्तें लागू। ✅  Dan tds on lottery income

Even if your total income is below the threshold, you cannot claim refund on the TDS deducted from a prize money as tax on such amount received from prize or

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 Rates Applicable for Resident of India for FY 2024-25 ; Section 194B: Income by way of lottery winnings, card games,

lottery spin to win Salary payments · Interest on securities · Dividend payments · Interest other than interest on securities · Winning from Lottery or Crossword Puzzle Income from winnings of a lottery, horse race, gambling, etc under the head of other sources Both short and long-term capital gainslosses