Section 194B TDS on Winning from Lottery/Cross word puzzle,card game etc

It is applicable on  winning from

lotteries,

crossword puzzles,

card game and other game of any sort, races including horse races,

Cutoff is Rs 10000.

TDS Rate is 30%

Note:-

in a case where the winnings are wholly in kind or partly in cash and partly in kind

but the part in cash is not sufficient to meet the liability of deduction of tax in respect of

whole of the winnings,

the person responsible for paying shall, before releasing the winnings, ensure that tax has been paid in respect of the winnings