https://www.taxtmi.com/manuals?id=1245 Deduction of tax at source covers winnings from lotteries, games and similar prize competitions, with the payer as deductor and any recipient as deductee. Tax is deductible at the time of payment, including on each instalment when paid, and in-kind prizes require assurance that tax is discharged before release if cash is insufficient. Game shows and electronic competitions are included. The withholding is at the basic prescribed rate without surcharge, subject to statutory threshold rules and exclusions for agent commissions; reduced-rate relief is excluded for online game winnings. en-us Mon, 05 Oct 2015 11:08:00 +0530 Tue, 17 Jun 2025 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1245 Deduction of tax at source covers winnings from lotteries, games and similar prize competitions, with the payer as deductor and any recipient as deductee. Tax is deductible at the time of payment, including on each instalment when paid, and in-kind prizes require assurance that tax is discharged before release if cash is insufficient. Game shows and electronic competitions are included. The withholding is at the basic prescribed rate without surcharge, subject to statutory threshold rules and exclusions for agent commissions; reduced-rate relief is excluded for online game winnings. Manuals Income Tax Mon, 05 Oct 2015 11:08:00 +0530 https://www.taxtmi.com/manuals?id=1245