Income tax payable on winnings from online, offline games of chance
Income tax payable on winnings from online, offline games of chance
A tax refund is available to anybody making up to Rs 7 lakh each year The default tax system will be the new IT regime Taxpayers may, however,
No Tax Refund on the TDS: Usually, the taxpayers are subject to a tax refund in case the TDS portion is more than their tax liability for a Usually, taxpayers can claim a refund if the TDS deduction is more than their tax liability in an assessment year That said, for lottery winnings, you cannot
கேரளா லாட்டரி ரிசல்ட் டுடே ஜாக்பாட் Under Section 194B of the Income Tax Act, TDS will be deducted when the income is earned from the winning lotteries, card games, quiz shows, card games, lottery, cards & any other games) at a rate of 30% Budget'23 Therefore, TDS at the rate of 30% will be deducted: 1⃣ When a user
