Section 194B & 194BB- Winnings from Lottery, Puzzles, Games and
194B of income tax act states that before making payment, person must pay lottery tax & other expenses When profits surpass ten thousand Rupees
Cab 194B - 194b 194B of income tax act states that before making payment, person must pay lottery tax & other expenses When profits surpass ten thousand Rupees 194b Section 194B - TDS on winning from lottery or crossword puzzle, etc - Income Tax - Ready Reckoner
194b Hence, Sec 194B requires deduction of tax at source at the rate of 30% from winnings of lotteries, cross word puzzles or card games or other
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