BUS2 194B - Business Analytics - Modern Campus Catalog™

website 194b Section 194B of the Income Tax Act is a provision that requires the deduction of tax at source on winnings from lotteries, 194b Under Section 194B The person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle, card game and other

194b § 194b Quick search by citation: Title Section Go! 2 Code § 194b - Omitted Code; Notes prev  Section 194B specifies a rate of %, to be deducted by the prize-paying authority before disbursing the winnings to the winner Q4 Under  The correct answer is 30 percent, Rs 10000 Key PointsSection 194B of Income Tax Act 1961 states that if a person earns any income by

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