https://www.taxtmi.com/acts?id=41457 Persons paying winnings from online games must deduct tax on the net winnings in a user's account, computed as prescribed, at the end of the financial year; on withdrawal, tax must be deducted on the withdrawn net winnings and on remaining net winnings. If winnings are partly or wholly in kind and cash is insufficient, tax must be paid before release. The Board may issue binding guidelines, with Central Government approval, and definitions for online game, intermediary, user and user account are incorporated. en-us Thu, 30 Mar 2023 16:10:44 +0530 Tue, 04 Apr 2023 14:51:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41457 Persons paying winnings from online games must deduct tax on the net winnings in a user's account, computed as prescribed, at the end of the financial year; on withdrawal, tax must be deducted on the withdrawn net winnings and on remaining net winnings. If winnings are partly or wholly in kind and cash is insufficient, tax must be paid before release. The Board may issue binding guidelines, with Central Government approval, and definitions for online game, intermediary, user and user account are incorporated. Act-Rules F. Acts / Amendment Acts Thu, 30 Mar 2023 16:10:44 +0530 https://www.taxtmi.com/acts?id=41457