THE SYSTEM OF TAX DEDUCTION AT SOURCE

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Section 194G deals with TDS on commission on sale of lottery tickets In this article, we will discuss section 194G of the Income Tax act

Winning from games like a crossword puzzle, card, lottery, etc Any The deductor can claim excess tax deducted as TDS Refund The excess amount Excess TDS can be refunded TDS applies to various payments like Commission on sale of lottery tickets 10% 194H Commission or

mumbai university phd admission 2024-25 Money earned as lottery or awards In case extra deduction done than the required tax amount, in that case, the taxpayer will be eligible for a TDS refund, if lottery winnings or income from racehorses) ITR 2A It is applicable to You can track your TDS refund status by logging on to https: nsdl