Income Tax on winnings from Lottery, Game Shows, Puzzle

How much tax has to be paid on lottery or game show prize money? tds on lottery
➡️【Mk.com】✅भारत का आधिकारिक ऑनलाइन कैसीनो✅️लाखों जैकपॉट आपका इंतजार कर रहे हैं, अपने बोनस का दावा करने के लिए अभी पंजीकरण करें✅️भारी बोनस जीतने के लिए दोस्तों को आमंत्रित करें✅️  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 tds on winning from lottery TDS was only applicable in cases where the winnings exceeded Rs 10,000 Also, the taxation of such winnings in the hands of individual players

tds on lottery income Applicability of provision of Section 194G Section 194G of the Income Tax Act, 1961 lays down the provisions for deduction of TDS at the rate of 5% when there