https://www.taxtmi.com/acts?id=4025 Section 194B requires the person paying winnings from lotteries, puzzles, games or betting to deduct tax at source when a single-transaction payment exceeds the statutory threshold; where prizes are partly or wholly in kind and cash is inadequate, the payer must ensure tax is paid before releasing winnings. Winnings from online games are excluded from this deduction on or after the operative date, with "online game" defined by reference to section 115BBJ. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 09 Jul 2025 16:24:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4025 Section 194B requires the person paying winnings from lotteries, puzzles, games or betting to deduct tax at source when a single-transaction payment exceeds the statutory threshold; where prizes are partly or wholly in kind and cash is inadequate, the payer must ensure tax is paid before releasing winnings. Winnings from online games are excluded from this deduction on or after the operative date, with "online game" defined by reference to section 115BBJ. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4025