Menu
TDS to Non Residents
Income by way of winning from lottery, cross word puzzle paid to NR, whether tds shall be deducted u/s 194B or 195..?
Replies (6)
194B coveres both resident & non resident. So, 194B applicable even if payee is NR.
Sir plz tell me 1 more thing that whether tds u/s 194B is to be deducted even if amount paid to NR is less than rs. 10000
Hi kirti Verma
Visit my blog on Google -Click -sanjithkotni.blogspot.com
I explained entirely about winnings .comment if any doubts
Visit my blog on Google -Click -sanjithkotni.blogspot.com
I explained entirely about winnings .comment if any doubts
194 B
If the amount to be paid is less than 10,000 then there no requirement of deducting TDS u/s 194B.
If amount paid is less than 10,000 then sec 195 shall be applicable since there is no threshold limit u/s 195.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
