https://www.taxtmi.com/circulars?id=4627 Under Section 194B payers of lottery or crossword puzzle winnings above the exemption threshold must deduct tax at source at the specified 1977-78 rates; higher schedule-based rates apply where winnings constitute total income. Deductions apply to payments after specified dates, include cash plus in-kind values where prizes are mixed, apply to instalments when paid, and exclude commissions. Rounding and deposit rules, issuance of Form 19B, quarterly filing of Form 26B, and recipient applications in Form 13B for lower deduction are required under the Income-tax Rules, 1962. en-us Thu, 14 Jul 1977 00:00:00 +0530 Thu, 31 Jul 2008 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4627 Under Section 194B payers of lottery or crossword puzzle winnings above the exemption threshold must deduct tax at source at the specified 1977-78 rates; higher schedule-based rates apply where winnings constitute total income. Deductions apply to payments after specified dates, include cash plus in-kind values where prizes are mixed, apply to instalments when paid, and exclude commissions. Rounding and deposit rules, issuance of Form 19B, quarterly filing of Form 26B, and recipient applications in Form 13B for lower deduction are required under the Income-tax Rules, 1962. Circulars Income Tax Thu, 14 Jul 1977 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4627