TDS and taxability on the net winnings from online games

TDS and taxability on the net winnings from online games tds on winning from lottery Winnings from lotteries, quiz shows, card games, internet gambling, and dancing contests are subject to tax withholding under Section 194B tds on winning from lottery TDS @ 30% will be deducted from such winnings Rule 133 was introduced, providing clarity in the computation of net winnings in online games

tds on winning from lottery Deduction of tax at source on winnings mandates that taxes are deducted before prize money is distributed to winner

tds on lottery income Winnings from lottery, cross word puzzle, card game or other game of any sort Winnings from Horse races Contracts Rs TDS on prizes & winnings TDS under Section 194B is applicable on income from lottery, betting, gambling, etc If the income exceeds INR 10,000