Refund of TDS Deducted U/S 194BA

2872 views 4 replies
Whether refund of TDS can be claimed by assessee if TDS deducted U/s 194BA while making payment from online games. and total payment doesn't exceed 10000/- in year?
Replies (4)

TDS should not have been deducted if net winning is less than Rs. 10K in any financial year.

Actually should not have to deduct ,but if it did you can claim it .......

Budget 2023 introduced new section 194BA and there is no threshold limit on amount. Companies like Dream 11 started deducting TDS @ 30% even if you withdrawal 100 rupees. So my question is if total winning in an financial year doesn't exceed 10000 then can Assessee claim for refund of that TDS? Because one can not claim refund of TDS u/s 194B but what about 194BA?

Don't withdraw till end of year. If net amount is below 10K, you win TDS deduction.

But by all means TDS will not be refunded...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register