https://www.taxtmi.com/circulars?id=9210 Deduction of tax at source is required on winnings from horse races paid by bookmakers or race clubs to resident and non resident recipients; prescribed withholding rates apply to individuals and companies. Deductors must withhold and remit tax to the central government within the prescribed time, provide challans to payers, obtain quarterly statements in Form No.26BB, and ensure close administrative supervision including amended reporting lines to monitor collections. en-us Thu, 10 Aug 1978 00:00:00 +0530 Fri, 03 Jun 2011 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9210 Deduction of tax at source is required on winnings from horse races paid by bookmakers or race clubs to resident and non resident recipients; prescribed withholding rates apply to individuals and companies. Deductors must withhold and remit tax to the central government within the prescribed time, provide challans to payers, obtain quarterly statements in Form No.26BB, and ensure close administrative supervision including amended reporting lines to monitor collections. Circulars Income Tax Thu, 10 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9210