Tds applicability on winning from moot court competition

TDS under 194B is applicable @ 30% flat . Usually TDS is deducted @ 31.2% (including 4% cess).

When you file return of income then you have to show this prize money under income from other sources.

Tax liability --- 15000/-
Less Rebate --- 12500/-
Tax ---------2500/-
Add 4% Cess-- 100/-
Balance ........... 2600/-
Less TDS ......... 15000/-. (as per 26AS)
Refund due .......12400/-

(provided winner has only prize money income)