alleryStart learning →A person wins Rs 50,000 in a lottery. Ignoring surcharge and cess, how much TDS under 194B?
ARs 5,000
BRs 15,000
CRs 25,000
DRs 10,000
Answer & Solution
Correct answer: B. Rs 15,000
Lottery winnings attract a flat 30 percent, so Rs 50,000 gives Rs 15,000.
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