FAQ's on TDS under section 194B and 194BB

website 194b Part Number: 194B English 194b 194B of the Act casts a duty on the payer to discharge the tax liability on such income by deduction of tax at source before paying the winnings to

194b Section 194B of the Income Tax Act requires the deduction of TDS on winnings from lotteries or crossword puzzles The TDS rate under this  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  194B The person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle or card game and other game of any

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