Income Tax On Lottery Winnings And Game Show Winnings In India

TDS has to be charged at the rate of 30% if the winner is resident of India, and at the rate of 30% along with cess

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tds on lottery TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show

tds on lottery income Deduction of tax at source on winnings mandates that taxes are deducted before prize money is distributed to winner