Tds
This query is : Resolved
04 December 2012
if a non resident wins a game show and his Gross Taxable Income is below Minimum income chargeable to tax ie. Rs. 190000/- is it necessary to deduct TDS or is there any form available to avoid this provision?
04 December 2012
Income from game show is taxable at a flat rate of 30% and benefit of exemption limit is NOT available against such income.
So even if the income is less than the exemption limit, the income from winning is taxable at 30%.
This is applicable for both residents as well as non-residents.
So even if the income is less than the exemption limit, the income from winning is taxable at 30%.
This is applicable for both residents as well as non-residents.
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