Overall loss under speculation business

one of my client tds deducted @ 30 percent slabs for winnings for cards, but overall loss only for the financial year, if i show that loss in itr , can he get refund of tds which is deducted under 194B? some one please advice about it.thanks in advance
Replies (4)
Quick Summary
A client had TDS deducted at 30% on card game winnings, despite incurring an overall loss for the financial year. The user is asking if showing this loss in their Income Tax Return (ITR) can lead to a refund of the TDS deducted under section 194B. However, the consensus is that TDS on game winnings is not refundable, and losses cannot be claimed or used to offset this specific tax deduction.

No. TDS on game winning is not refundable.

Ok you sir for your response

You are welcome.        

Nice question and reply. I had to go back and read this section again. You cannot claim loss nor you can get a refund for this.

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