2 Replies to “Is All winnings from contests are subject to tax deduction at source under section 194B of Income Tax Act-1961?”

  1. It is the responsibilty of the Organizer/Host of such event to deduct tax at source u/s 194B if the amount of winnings cross Rs. 5,000.
    And where the winning is in kind the person responsible for paying shall, before releasing the winnings, ensure that tax has been paid in respect of the winnings.

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