How much tax has to be paid on lottery or game show prize money?

TDS on Salary under Section 192 tds on winning from lottery So, while filing your income tax returns, you will be able to adjust such TDS against your liability for such income However, note that since tds on lottery This occurs when special income with Tax Deducted at Source , like winnings from lotteries under Section 115BB, makes these forms

tds on lottery income As per section 194B of the income tax act, all the winnings over and above Rs 10,000 will be subject to a TDS of 30% With cess and surcharge,