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tax deducted at source

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82 Points Posted on 14 October 2018
in a contest, amit wins ₹50000 cash and a motor cycle worth ₹50000.the amt of tax deducted at source will be-
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On 14 October 2018 at 18:20 Report
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Accountant
3479 Points Posted on 14 October 2018
Rs. 40000.........
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On 14 October 2018 at 18:39
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82 Points Posted on 14 October 2018
can you explain
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On 14 October 2018 at 18:41
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Accountant
3479 Points Posted on 14 October 2018
Please ignore my above reply

Rs. 30,900.00 (30.9% on Rs. 1,00,000 under section 194B)
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On 14 October 2018 at 18:47


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