Section 206AB - High TDS TCS rates for non-filing ITR

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Commission earned by selling lottery tickets, Section 194G, 5% ; Earnings from horse race gambling, Section 194BB, 30% ; Dividend income except earnings mentioned

Similarly, no TDS will be applied on amount below Rs 15,000 during a financial year from commission paid on sale of lottery ticket Further, the Section 194B TDS On Winning Of Lottery Games etc 30% TDS at the time of payment – only if payment >10000 Winning in kind

wow slot 191 Section 194B of the Income Tax Act, 1961 establishes that if the earnings from various sources, such as lotteries, game shows, card games, As per Section 194B, a person responsible for paying winnings of lotteries, crossword puzzles and other similar games must deduct income tax