Table [For Payments to Any person]-Winnings from Online Games

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....Threshold 2 Winnings from online games Any person Rates in force As per Note 1 Scope of the provision This clause applies to income by way of winnings from online games. Person responsible to deduct tax The obligation to deduct tax is cast upon any person responsible for paying such winnings. Rate of deduction Tax is deductible at the rates in force.....

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....x has been paid before releasing the winnings. Practical distinction • Applies exclusively to online games. • Tax is based on net winnings. • Deduction occurs on withdrawal and at year-end. • No monetary exemption threshold. • Special rule for winnings in kind. Comparative Analysis: Section 194BA vs. Section 393(3), S....