Section 194B

194B of Income Tax Act: Everything you Need to Know tds on lottery income 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 Lottery wins are subject to a 30% TDS rate However, the TDS rate increases to % (including surcharge and

tds on lottery income Since the prize money was above ,000, they deducted 30% TDS under section 194B and gave me the remaining money and