Income tax and lottery winners: This is the treatment by the taxman

tds on lottery
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Where any income by way of commission, remuneration or prize on lottery tickets is paid to a person who has been stocking,

Section 194G- TDS on Commission on Sale of Lottery Tickets Any income earned by a person in the form of commission, remuneration, or prize on

tds on winning from lottery 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

tds on lottery In case the prize money in cash is only ₹10 Lakhs, then total TDS Liability would be ₹15 Lakhs The payer should ensure either: Miss Dilaik