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Section 194G - TDS on Commission etc. on sale of lottery tickets

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Full Text of the Document

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....ottery tickets is paid to a person who has been stocking, distributing, purchasing or selling lottery tickets, then the person responsible for paying such income shall deduct income tax thereon. Where the payer is a company, the company itself including principal officer shall be the person responsible for paying such income. Time of Deduction - At the time of credit to the account of the payee o....

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