CA Shivprasad Sakhare posted on the topic

CA Shivprasad Sakhare posted on the topic tds on lottery
➡️【Mk.com】✅ऑनलाइन कैसीनो गेम्स✅भारतीय ऑनलाइन जुआ उद्योग, ऑनलाइन बिंगो✅लोकप्रिय स्लॉट गेम्स, वर्चुअल गेम पार्टनर्स, बिंगो सॉफ्टवेयर, कैसीनो✅  As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount tds on winning from lottery From the above it is clear that for the purpose of deducting taxes at source in respect of winnings from lottery, the person responsible for paying to any

tds on winning from lottery As per the department, no TDS is applicable if the amount does not exceed Rs 10,000 during a financial year from lottery or crossword puzzles

tds on lottery income In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore, if So, for example, if you end up paying 30% TDS on a lottery payment of Rs 300,000 , and this is your only income in the