BUS2 194B - Prescriptive Analytics in Business

Hence, Sec 194B requires deduction of tax at source at the rate of 30% from winnings of lotteries, cross word puzzles or card games or other

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 194B Hammond Manufacturing Power Inductors

194b Section 194B mandates that earnings, in excess of ₹10000, from lotteries, game shows, betting, etc will attract TDS