Kaun Banega Crorepati

yes at 30%.

yes of course @ 30% is duducted

Upto Rs. 5000 no TDS n above Rs. 5000 TDS @ 30 %

believe me .. i am not joking . tds provisions will not be applicable. there are reasons however  i would not like to disclose them since they are my Discovery..

Defintly @ 30%

to b deduct @ 30.9%

yes it will be taxed under other sources income-30% tax should be deducted from the income earned.

yeah... I think yes...

Originally posted by : Devendra
	Whether TDS liability is to be paid @ 30% u/s 194B on the prize money won by the contestants?

yes, it is covered by u/s 194b , doesn't matter whatever show it is

further amount exceedind rs. 5000 then it is deductible otherwise it will not be deducted

ya, surely..its deductable @ 30%

yes, 30% tax is decucted

Originally posted by : halim siddiqui
	believe me .. i am not joking . tds provisions will not be applicable. there are reasons however  i would not like to disclose them since they are my Discovery..

 certainly, you are caused by any mis-understanding.................. whatever.............. you should disclosed.......as to get cleared to yourshelf or other...

Originally posted by : Anshu Agarwal .....(Mr.)
	Originally posted by : halim siddiqui believe me .. i am not joking . tds provisions will not be applicable. there are reasons however  i would not like to disclose them since they are my Discovery..  certainly, you are caused by any mis-understanding.................. whatever.............. you should disclosed.......as to get cleared to yourshelf or other...

i agree with anshu...if ur discovery is correct den v vl appreciate u.... bt i thnk dat after disclosure, u vl get sm good clarificatios frm our side....

Dear Halim,

A quiz on TV is regarded as a game show as per the income tax act. You can see the explanation in section 2(24) of the act.

Please do not take the stance - that it is an application of skill, knowledge and talent - and hence PGBP.

It is not entirely so. It is depending on chance element too bhai - if you get a question to which you know the answer, you win. Does nt matter hw much else you know. Just like CA exam....

 And like in a good article posted few days back, what is luck - the meeting of preparation with opportunity!