https://www.taxtmi.com/acts?id=46300 Section 194B requires tax deduction at source on lottery and crossword winnings above the statutory threshold at the time of payment, with a transitional exclusion for payments before the commencement date. Section 194C requires payers to deduct tax from sums paid to contractors and from non-individual contractors to subcontractors for work or supply of labour, subject to an exemption for low-value contracts and to certificates from the Income-tax Officer authorising lower or no deduction. en-us Wed, 18 Dec 2024 11:36:57 +0530 Wed, 18 Dec 2024 11:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46300 Section 194B requires tax deduction at source on lottery and crossword winnings above the statutory threshold at the time of payment, with a transitional exclusion for payments before the commencement date. Section 194C requires payers to deduct tax from sums paid to contractors and from non-individual contractors to subcontractors for work or supply of labour, subject to an exemption for low-value contracts and to certificates from the Income-tax Officer authorising lower or no deduction. Act-Rules F. Acts / Amendment Acts Wed, 18 Dec 2024 11:36:57 +0530 https://www.taxtmi.com/acts?id=46300