Tax deduction at source on lottery and crossword puzzle winnings requires withholding, reporting, and remittance obligations.

Deduction of income tax at source is required on lottery and crossword puzzle winnings exceeding one thousand rupees under section 194B; withholding applies to prizes paid after May 31, 1972, with no deduction for prizes of one thousand rupees or less or payments made before June 1, 1972. Tax is deductible on cash prizes and on aggregate value where prizes are partly in kind, with instalment payments attracting deduction on each actual instalment. Recipients (other than companies) may obtain certificates for lower or nil deduction; tax deducted must be rounded to the nearest rupee, remitted to Government accounts within prescribed timeframes, and a payer's certificate must be issued to the recipient.

---

---

---