Deduction of income-tax at source--Section 194B of the Income-tax Act, 1961--Deduction from winnings from lottery or crossword puzzles--Rates of tax applicable during the Financial year 1983-84

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....rector, Central Board of Direct Taxes. To             All State Governments (including Union Territories Administrations,             etc.). Subject : Deduction of income-tax at source--Section 194B of the Income-tax Act, 1961--Deduction from winnings from lottery or crossword puzzles--Rates of tax applicable during the Financial year 1983-84. Sir, I am directed to invite a reference to the Board's Circular No. 338 [F.No. 275/17/82-IT(B)], dated the 4th May, 1982 [printed at [1982] 135 ITR (St.) 89], wherein you were requested to issue necessary instructions for making deduction of income-tax at source from the "Wi....

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.... 73.5 per cent (IT 70 per cent + SC 3.5 per cent). 3. There is no change in the main provisions of the law relating to deduction of income-tax at source from the winnings from lotteries and crossword puzzles. 4. These instructions may please be brought to the notice of all concerned under the control of the State Government. 5. The copies of this circular will be available with the Director of Inspection (Research, Statistics & Public Relations), 6th floor, Mayur Bhawan, Connaught Circus, New Delhi-110 001.  Extract from the Finance Act, 1983, Sub-Paragraph I of Paragraph A of Part II of the First Schedule    Paragraph A    Sub-Paragraph I In the case of every individual or Hindu undivided fam....

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....bsp;                                                                                                                             Rs.....

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....but does exceed not Rs. 70,000                                             Rs. 17,500 plus 52.5 per cent. of the amount by which the total income exceeds Rs. 60,000; (8) where the total income exceeds Rs. 70,000 but does not  exceed Rs. 85,000                                              ....