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tds on lottery income

tds on lottery income

Types of TDS in India 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 on winning from lottery Section 194B - Winnings from Lotteries, Crossword Puzzles etc Section 194C - Payment to ContractorSub-Contractor Section 194D -

tds on lottery income The overall deducted TDS is claimed as a tax refund after a taxpayer files the Income Tax Return TDS deduction is applicable to such of the following income

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