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    <title>Deduction of tax at source under sections 194B and 194BB of the Income-tax Act, 1961-Deduction from winnings from lottery or crossword puzzles or house races-Rates of tax applicable during the financial year 1987-88-Levy of surcharge-Regarding</title>
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    <description>Deduction of tax at source is required on winnings from lotteries, crossword puzzles and horse races, and the income-tax computed under the applicable withholding rates is to be increased by an additional surcharge for Union purposes; the circular directs communication of this amendment to State Governments, Union Territory administrations and race clubs and offers administrative contacts for assistance.</description>
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    <pubDate>Tue, 23 Feb 1988 00:00:00 +0530</pubDate>
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      <description>Deduction of tax at source is required on winnings from lotteries, crossword puzzles and horse races, and the income-tax computed under the applicable withholding rates is to be increased by an additional surcharge for Union purposes; the circular directs communication of this amendment to State Governments, Union Territory administrations and race clubs and offers administrative contacts for assistance.</description>
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