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    <title>Commission, etc., on the sale of lottery tickets</title>
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    <description>Section 194G requires any payer of commission, remuneration or prize on lottery tickets exceeding twenty thousand rupees to deduct income-tax at two per cent at the time of credit to the payee&#039;s account or at payment, and deems credit to any account (including a suspense account) in the payer&#039;s books to be credit to the payee for triggering the deduction obligation; earlier subsections on certificates for lower or nil deduction have been omitted.</description>
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    <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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      <description>Section 194G requires any payer of commission, remuneration or prize on lottery tickets exceeding twenty thousand rupees to deduct income-tax at two per cent at the time of credit to the payee&#039;s account or at payment, and deems credit to any account (including a suspense account) in the payer&#039;s books to be credit to the payee for triggering the deduction obligation; earlier subsections on certificates for lower or nil deduction have been omitted.</description>
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      <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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