TDS on Lottery Winnings ₹1 लाख — Section 194B
TDS under Section 194B (Lottery/Game Winnings): On a payment of ₹1,00,000, TDS @ 30% = ₹30,000. Net amount received = ₹70,000.
TDS Rate
10%
TDS Amount
₹10,000
Net Payment
₹90,000
Without PAN, TDS is deducted at 20% (Section 206AA). Rates: 194J: 10%, 194I: 10%, 194C: 1-2%, 194A: 10%, 194H: 5%. Salary TDS varies — shown as flat 10% estimate.
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