Section 194S of Income Tax Act: Meaning, Rate of TDS & Provisions

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TDS Rate: TDS rate under Section 194S is 1% If you're involved Lottery, Puzzles, etc ) may be penalized with amount equal to tax

tds on lottery income The person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle, card game and other game of any sort in an

tds on winning from lottery TDS shall be deducted on winnings from lottery, game shows and puzzles by the prize distributor Winning amount needs to be more than