Income Tax on Winning Lottery, Game Shows, Awards, and Prizes

Section 194B of Income Tax tds on lottery TDS Rates Applicable for Resident of India for FY 2024-25 ; Section 194B: Income by way of lottery winnings, card games, tds on lottery income The TDS on lottery winnings, card game winnings, TV programme Before paying the winner, the payer must first deduct TDS at a rate of 30% if

tds on winning from lottery Ans: In the cases where TDS has been deducted on special income like winning from lottery or horse races etc, then filing of ITR-1 and 4 is not allowed So