TDS on Commission Earned from Lottery Tickets

The Income Tax Act contains provisions of TDS due to which 30% tax is deducted from their winnings and only the net amount is paid to the

According to the rules of Section 194B194BB of the Income Tax Act, TDS must be subtracted from wins before distributing them to the winner if

lottery sambad 21_11_2023 Any assessee received income by way of Winnings from lottery or crossword puzzle or card game and other game of any sort and amount is exceeding ,000-

lottery sambad 7 2 24 As per Section 194R, this requires a deduction of tax of 10% at source To manage this transaction in your company books,