https://www.taxtmi.com/caselaws?id=254500 The court allowed the writ petitions, declaring that "stake money" or "prize money" paid by Turf Clubs to horse owners does not attract the provisions of Section 194B of the Income Tax Act, 1961. The court quashed the notices and assessment orders issued by the Income Tax Department and issued a writ of mandamus directing the respondents not to demand TDS on the stake money from the petitioners. en-us Fri, 26 Sep 2014 00:00:00 +0530 Wed, 24 Dec 2014 22:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254500 The court allowed the writ petitions, declaring that "stake money" or "prize money" paid by Turf Clubs to horse owners does not attract the provisions of Section 194B of the Income Tax Act, 1961. The court quashed the notices and assessment orders issued by the Income Tax Department and issued a writ of mandamus directing the respondents not to demand TDS on the stake money from the petitioners. Case-Laws Income Tax Fri, 26 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254500