https://www.taxtmi.com/circulars?id=4703 Deduction at source under Section 194B requires withholding income-tax from lottery and crossword puzzle winnings above the exempt threshold at rates specified for natural persons and companies; tax is calculated on aggregate cash and cash-equivalent prizes, withheld on actual payment (including instalments), rounded to the nearest rupee, remitted to Government within prescribed timeframes, and accompanied by prescribed certificates and quarterly statements, with provision for a recipient to obtain a certificate authorising lower or nil deduction. en-us Tue, 12 May 1981 00:00:00 +0530 Mon, 11 Aug 2008 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4703 Deduction at source under Section 194B requires withholding income-tax from lottery and crossword puzzle winnings above the exempt threshold at rates specified for natural persons and companies; tax is calculated on aggregate cash and cash-equivalent prizes, withheld on actual payment (including instalments), rounded to the nearest rupee, remitted to Government within prescribed timeframes, and accompanied by prescribed certificates and quarterly statements, with provision for a recipient to obtain a certificate authorising lower or nil deduction. Circulars Income Tax Tue, 12 May 1981 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4703