Section 194B & 194BB

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Income Tax on Lottery Winnings and Game Shows

Income from lotterycard games and other similar activities, 30% Income You can then factor in the deduction according to the categorycategories If a person has a larger TDS deduction than their tax due for an assessment year, they are eligible to get a refund However, lottery prizes are

today 8 pm dear lottery result What is the TDS rate without PAN? TDS is deducted at 20% if you do not furnish your PAN Is TDS deducted on cryptocurrency in India Once the ITR is filed, the TDS refund will be processed by the Income Tax Department The refund might be credited to the bank account within 6 months