Refund against TDS us 194B - Income Tax

can tds on lottery be refunded   Dan can lottery winnings be inherited

Usually, taxpayers can claim a refund if the TDS deduction is more than their tax liability in an assessment year That said, for lottery winnings, you cannot

A flat rate of 30% will apply to this income, so you will not be able to claim any refund of the Rs 3000 TDS deducted  and section 194B

cancer lucky numbers today In other words, the entire income of winnings, without any expenditure or allowance, will be taxable The rate of TDS in the case of such incomes is 30% if Know what is TDS and how does it affect you Check Tax Deducted at Source or TDS rates, TDS full form, TDS meaning, payment, TDS refund and more on Max Life