Tds on winning from reality show

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CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) 04 December 2020

suppose, I have yearly income below maximum limit. one day, I participate in kaun Banega crorepati and win 50lakhs.
my question is whether tds will be deducted on 50lakhs as my yearly income is below maximum limit

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Aditi Kaur (Practising CA) 04 December 2020

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ATUL Y 04 December 2020

Income earned from winning KBC Game Show, Big Boss, Nach Baliye, India’s Got Talent, Fear Factor and other game shows is taxable at a flat rate of 30%. Over and above this income tax rate of 30%, Cess @ % would also be levied on this 30% tax and therefore the total tax rate on such winnings from Game Shows comes out to be 31.20%.

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ayusmita (Tax consultant) 05 December 2020

Tds will directly cut from your winning prize
it's not related to your regular source of income

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CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) 05 December 2020

Okay...thank you so much to both of you...

Shivam RC (Student) 05 December 2020

TDS @ 30% is deducted at the time of making payment incase of Winning from Lotteries, Crossword, Puzzle, or Card Game or Game of any sort.

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CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) 05 December 2020

Ok..thanks a lot...

Shivam RC (Student) 05 December 2020

I forgot to specify the Section of TDS Ma'am in my reply. It's deducted U/s 194B of the Income Tax Act 1961. Sorry...

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CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) 05 December 2020

It's okay...got it...thank you so much for your kind reply....but I have another question...if i win 160000 from KBC and my other income is 5000. will 30% be deducted as tds???