https://www.taxtmi.com/circulars?id=4953 Tax must be withheld on winnings from lotteries, crossword puzzles and horse races where amounts exceed the exemption threshold, on gross winnings after commission-agent deduction, at the flat rate and with the surcharge specified in the Finance Act; specified exceptions apply for certain Sikkim lotteries. Withholders must provide prescribed certificates, quote TAN, file annual TDS returns on designated forms and remit deducted tax to Government within prescribed time, subject to administrative penalties and prosecution where statutory obligations are not met. en-us Thu, 06 Jul 1989 00:00:00 +0530 Thu, 07 Aug 2008 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4953 Tax must be withheld on winnings from lotteries, crossword puzzles and horse races where amounts exceed the exemption threshold, on gross winnings after commission-agent deduction, at the flat rate and with the surcharge specified in the Finance Act; specified exceptions apply for certain Sikkim lotteries. Withholders must provide prescribed certificates, quote TAN, file annual TDS returns on designated forms and remit deducted tax to Government within prescribed time, subject to administrative penalties and prosecution where statutory obligations are not met. Circulars Income Tax Thu, 06 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4953