FAQ's on TDS under section 194G
If you have won a lottery, get prepared for a huge TDS of 30 per cent This is if the amount of lottery ticket won is more then Rs 10,000 Apart
TDS - Tax Deducted at Source the rate of tds from winning from lottery
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Any assessee received income by way of Winnings from lottery or crossword puzzle or card game and other game of any sort and amount is exceeding ,000-
the lottery and other stories Winning from Lottery or Crossword Puzzle; Winning from Race Horse; Payment to Contractor and Sub-Contractors; Insurance Commission; Deposits
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