Section 194bb
This query is : Resolved
05 November 2013
Sir,
Suppose winnings from horse race is 6000 Rs and losses from horse race is 2000 Rs than while making payment tds should be deducted?
Suppose winnings from horse race is 6000 Rs and losses from horse race is 2000 Rs than while making payment tds should be deducted?
06 November 2013
Yes, TDS on Rs.6,000/- is required.
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