Section 194B & 194BB

Section 194B & 194BB tds on winning from lottery Tax Deducted at Source ; Interest other than interest on securities, 194A, 10% ; Winnings from Lottery or crossword puzzles, 194B, 30% tds on lottery 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-

tds on lottery The rate of Tax Deducted at Source under Section 194BB of the Income Tax Act is 30% of the winnings from horse races This rate is applied

tds on winning from lottery on winnings from lotteries, crossword puzzles, card Similarly, if the winnings are from a lottery conducted by a Under Section 194B of the Income Tax Act, TDS will be deducted if