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          Income Tax

          Section 194BB - TDS on winning from Horse Race

          Deduction of Tax at Source (TDS), Collection of Tax at Source (TCS) / Withholding Tax

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          TDS on horse race winnings requires withholding by bookmakers at payment when winnings exceed the threshold. Section 194BB prescribes withholding on amounts payable as winnings from horse races by bookmakers and persons licensed to conduct or arrange wagering or betting at racecourses. The obligation to deduct arises at the time of payment by the deductor to the winner, with a flat withholding rate and a threshold condition for applicability, amended to change the threshold test.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                TDS on horse race winnings requires withholding by bookmakers at payment when winnings exceed the threshold.

                                Section 194BB prescribes withholding on amounts payable as winnings from horse races by bookmakers and persons licensed to conduct or arrange wagering or betting at racecourses. The obligation to deduct arises at the time of payment by the deductor to the winner, with a flat withholding rate and a threshold condition for applicability, amended to change the threshold test.


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